U.S. Bureau of Labor Statistics
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Inflation in car insurance index continues to outpace overall inflation
The increase in motor vehicle insurance over the month was August was three times faster than the national inflation rate. -
Motor vehicle insurance rates continue increasing nationwide, California costs above average
The cost of motor vehicle insurance rose 22.6% over the last year, according to the latest Consumer Price Index summary from the U.S. Bureau of Labor Statistics. In comparison, the overall rate of inflation for the last year was 3.4%.