February auto insurance price increase moderates to 14.5%
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free trial
  • Log in

February auto insurance price increase moderates to 14.5%

Farhin Lilywala
March 14, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
used car lot.jpg

The annual price increase for motor vehicle insurance in February inched down slightly to 14.5% from 14.7% the prior month, as the all-items Consumer Price Index (CPI) slightly moderated to a 6% gain for the last 12 months.

The all-items CPI increase was the smallest 12-month increase since December 2021. In comparison, January’s all-items CPI had also moderated to a 6.4%

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Rates
farhin lilywala/farhin lilywala ii us.png
Farhin Lilywala
Section Editor, Distribution & Specialty
Contact
Gift this article