shutterstock_2163779337
shutterstock_2163779337
12 January 2023Insurance

US auto insurance prices accelerate to 14.2% y/y gain, lag repair costs

US motor insurance policy inflation rose for the ninth straight month in December, showing policy costs up 14.2% year on year for consumers, still behind the inflation rate on at least one key element of the automotive claims cost basket.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
5 August 2026   Management demurs to say what the final net insured loss will be.
Insurance
5 August 2026   War represents one of the largest single event losses in company history.
Insurance
5 August 2026   Liability and residential offset fast-falling property premium; Florida in focus.