Latest / Inflation and Your Money with Fexingo: Protecting Purchasing Power and Beating Inflation

How Inflation Is Quietly Eating Your Car Insurance Premium
In Episode 84 of Inflation and Your Money with Fexingo, Lucas and Luna dive into a hidden inflation front: car insurance. While CPI shows auto insurance up 22% year-over-year, the real story behind rate hikes is far more complex. Lucas unpacks how repair costs—driven by advanced sensors, expensive parts, and labor shortages—are the primary culprit, not just claims frequency. He cites data from the Bureau of Labor Statistics and mentions that State Farm and Progressive have raised rates by 15-20% in 2026 alone. Luna questions whether shopping around actually helps anymore, and they discuss…
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