Auto insurance keeps inflation high, holding consumers 'captive'
6:48
YahooYahoo Finance Video
Auto insurance keeps inflation high, holding consumers 'captive'
According to the US Bureau of Labor Statistics, auto insurance has risen over 20% from a year ago, the largest jump since 1985. Consumer Federation of America Director of Insurance Doug Heller joins Yahoo Finance to contextualize the spike in auto insurance prices. Heller outlines how the moment inflation hit and repair costs rose, insurance ...
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