Latest / Inflation Explained with Fexingo: CPI, Prices, and the Cost of Living for Everyday People
Why Your Car Insurance Is Rising Faster Than CPI
Episode 30 of Inflation Explained with Fexingo digs into car insurance premiums—the inflation outlier that keeps climbing even as overall CPI cools. Lucas and Luna break down why auto insurance costs jumped 11% year-over-year, triple the headline inflation rate. They trace the drivers: repair costs from high-tech sensors, supply chain snags for parts, and a surge in distracted driving claims post-pandemic. Using recent data like the 7.6 million job openings spike and sticky core CPI, they explain how insurers are repricing risk. Plus, how the Fed's rate moves indirectly affect your…
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