Car insurance rates have soared

NPR-- Car insurance premiums have risen by 55% since February 2020, according to the Bureau of Labor Statistics. Rising prices for cars, parts and repairs needed, and medical bills have increased, driving up the price of insurance. Here’s how people are handling the rising car insurance costs:

🚗 Over 58% of drivers say car insurance is a financial burden, and more than a third have driven without it, a LendingTree survey found. 
🚗 Experts urge shoppers to check insurance costs before buying a car to avoid surprises.