Shutterstock_2028399572
12 January 2024Insurance

US household auto policy inflation tops 20% at end-23, well above claims

US average retail automotive policy inflation rose to above 20% in December, the latest milestone on an upward march that continues to hit multi-decade highs month after month and finally outpace the cumulative post-pandemic rise in claims cost inflation.

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 Weeks 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
27 March 2026   Rising nat cat, fire and cooling risks are driving insurance demand.
Insurance
27 March 2026   Liberty Brokers’ take is now at 47 employees over the past nine months.
Insurance
27 March 2026   Destructive wind footprint mirrors 2009’s Klaus, which delivered €1,6bn hit.