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Soaring car insurance
are fuelling inflationary
. Costs are rising at their fastest ever
. Premiums jumped 2.6 per cent in March. Costs are a
22.2 per cent higher than this time last year. The increases added to inflation rising by 0.4 per cent last month. No other
of spending has soared like auto insurance. The
cost of car insurance in the US is over $2,300 per year. This is about $192 a month. The rising prices are affecting the
paid most. Insurance is a huge
for those struggling to make
meet in the cost of
crisis.