Tariffs are driving up prices, but that’s only part of the story — aging cars, complex technology, and a worker shortage are all fueling record repair bills. Repair costs are climbing at record speed.
The cost of auto repairs could rise by several hundred dollars, depending on the parts and if they are imported and subject to tariffs. Auto experts advise people to get car repair work done in the ...
Car insurance rates have surged in recent years, but relief might be on the horizon Written By Written by Insurance Staff Writer, WSJ | Buy Side Kara McGinley is a staff Insurance Writer at WSJ | Buy ...
Average car insurance costs have increased 20% year over year, according to recent data from the United States Bureau of Labor and Statistics. Increased vehicle thefts and severe weather events ...
There's some bad news ahead for the nation's car owners, with a new report forecasting that auto insurance — one of the biggest drivers of inflation this year — will continue to rise in 2024. In fact, ...
NEW YORK — Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago. Premium costs have been ...
Scott Nyerges is a former senior editor and content strategist at U.S. News & World Report, where he led coverage of car insurance and other personal insurance lines. He's also served as a managing ...
Despite billions in tariff costs for imported autos and parts, new car prices have stayed relatively flat. But the news isn’t as good for car owners taking their vehicles to the repair shop. The price ...
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Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Theodore Parisienne for NY Daily ...
Two major auto insurers are raising rates starting in late May, affecting almost 150,000 Nevadans. Allstate and CSAA, a AAA insurer, have been approved for rates changes by the Nevada Division of ...