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Auto Insurance Rates Are Skyrocketing, Up Almost 14% Year Over Year

Auto Insurance Rates Are Skyrocketing, Up Almost 14% Year Over Year

Auto insurance rates have continued to rise, with a nearly 14% increase (13.72%) from 2022 to 2023. According to a recent report, the true cost of auto insurance this year is higher than ever before. With high inflation and the cost of living skyrocketing, it's no wonder so many drivers are looking for ways to lower their car insurance premiums.