Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
How Stagflation Is Reshaping the Car Insurance Market
Episode 123: Lucas and Luna examine how stagflation is transforming the car insurance industry. With parts and labor costs up, accident frequency rising post-pandemic, and the CPI for motor vehicle insurance up over 15% year-over-year, insurers are hiking premiums faster than ever. But claims costs are also rising, and some regions are seeing insurers pull back entirely. Lucas breaks down the math behind the premium spike, the role of repair cost inflation, and what drivers can expect. Luna questions whether the industry is heading for a hard market cycle reminiscent of the early 2000s. Tune…
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