Morgan Avrigean’s car-insurance premium jumped about 80% in the past 18 months, to $720 for a six-month policy. And that’s after the Pittsburgh-based communications strategist, 26, changed insurers twice, bundled her home and auto insurance, and agreed to pay the premium upfront. “Insurance is getting so expensive,” she says.
That’s a familiar lament, considering that the annual inflation rate for U.S. motor-vehicle insurance hit 19.1% in August, the largest…
Comments are closed