Why auto insurance rates keep going up

People nationwide are feeling the pinch when it comes to car insurance.

It’s not just you and it’s not your imagination, everyone around you is thinking the same thing: certain bills are really going up.

People nationwide are feeling the pinch when it comes to car insurance. According to Bankrate annual premiums have increased by about $243 to more than $2,000 a year.

For some drivers, insurance premiums cost more than the car loan.

„I’m paying $351 a month, which is more than I pay for my car every month,” said one driver in Florida.

FOR MORE:https://www.wfmynews2.com/article/news/local/2-wants-to-know/auto-insurance-is-going-up-do-you-need-all-the-insurance-you-have-consumer-bankrate-rental-car-coverage-comprehensive-towing/83-0a384d04-729f-4b04-9bc2-209bf96a0225

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