Car Insurance Rates Jump 22% As Coverage Costs Climb

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Car insurance premiums are climbing sharply, squeezing drivers even as inflation cools in other areas. According to the Associated Press (AP), rates rose 2.6% in March and are up 22% from a year ago. While food and energy prices have stabilized, rising coverage costs continue to burden consumers — and fuel inflation. Here’s what’s driving the surge — and what you can do to better understand…

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