February auto insurance price increase moderates to 14.5%
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

February auto insurance price increase moderates to 14.5%

Farhin Lilywala
March 14, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • 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%

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsRates
farhin lilywala 2024 ii us 2.png
Farhin Lilywala
Associate Editor
Contact
Gift this article