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How Inflation Is Quietly Eating Your Car Insurance Premiums
With core PCE holding at 130.7 and the Fed Funds rate stuck at 3.63 percent, auto insurance costs are surging as repair bills skyrocket. Lucas and Luna break down why your car insurance premium is rising faster than general inflation, focusing on the $4,396 price of gold driving parts costs and the labor shortage in body shops. They explore how vehicle complexity and supply chain delays are turning minor fender-benders into major financial hits, offering actionable advice on deductible adjustments and coverage reviews to protect your purchasing power in this high-cost environment…
The skinny
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