Car insurance premiums have surged by 22.2% over the past year, according to March’s Consumer Price Index figures from the Bureau of Labor Statistics, far outpacing the current inflation rate of 3.5%. Over the same 12-month period, car repair costs increased 11.6%, with maintenance and repair costs up 8.2%. Premium costs are accelerating, with March’s 2.6% month-over-month jump in car insurance costs almost three times the size of February’s 0.9% rise, and 12-month increases exceeding 20% over the past four months–the largest increases since the 1970s. Thanks for watching! ** Go to our partner https://trymintmobile.com/laurenfix to get premium wireless for as low as $15 a month. Special offer: New customers can get any plan for $15/month. New activation and upfront payment of $45 for 3 mo. service required. Taxes & fees extra. Unlimited plans using more than 40GB/mo. will experience lower speeds with video streams at ~480p. Restrictions apply. See trymintmobile.com for more details. ** ➡️ Looking for more automotive news? Go to our second channel: https://www.youtube.com/channel/UC-krXE043bkjIJBwXqACDjA ➡️ Buy me a cup of coffee: https://www.buymeacoffee.com/laurenfix ➡️ Listen to the Total Car Score Podcast with Lauren Fix, Karl Brauer, and Javier Mota on all platforms: https://www.revolverpodcasts.com/shows/total-car-score/ ➡️ Social media: Twitter or X: https://twitter.com/laurenfix FB: https://www.facebook.com/Lauren.Fix.The.Car.Coach Instagram: https://www.instagram.com/laurenfix/ Gettr: https://gettr.com/user/laurenfix Rumble: https://rumble.com/c/c-625957 Gab: https://gab.com/LaurenFix Truth Social: https://truthsocial.com/@laurenfix Substack: https://carcoachreports.substack.com/ ➡️ Check out our website for more content in English and Spanish: https://www.CarCoachReports.com/ ➡️ Free Monthly Newsletter - Auto News, Car Reviews & Saving Secrets: https://carcoachreports.com/ ➡️ Get My Book: Lauren Fix's Guide to Loving Your Car: https://amzn.to/3ifDi3j SUPPORT INDEPENDENT CREATORS The Fix Family has taken generations of passion, pride, & automotive expertise to create unique auto products & books that will keep you, your family, & your cars safer and running better for years to come. Music License: Epidemic Sound ©Automotive Aspects, Inc., 2024. All Rights Reserved.