This is a the United States news story, published by Creditnews.
For more the United States news, you can click here:
more the United States newsFor more inflation news, you can click here:
more inflation newsFor more news from Creditnews, you can click here:
more news from CreditnewsOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about inflation, you might also like this article about
auto insurance rates. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Auto insurance costs news, insurance premiums news, news about inflation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
auto insurance marketCreditnews
•
71% Informative
The average cost of auto insurance in the United States has reached a record $2,329 per year.
It marks a 50% increase over three years , the largest since 1975-1978 .
By comparison, the three-year change in auto insurance rates was less than 5% in early 2022 .
Rates began to spike in the second half of 2022 before accelerating further in 2023 .
VR Score
78
Informative language
80
Neutral language
62
Article tone
semi-formal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links