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Why auto insurance rates keep going up
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People nationwide are feeling the pinch when it comes to car insurance.
It's not just you and it's not your imagination, everyone around you is thinking the same thing: certain bills are really going up.
People nationwide are feeling the pinch when it comes to car insurance. According to Bankrate annual premiums have increased by about $243 to more than $2,000 a year.
For some drivers, insurance premiums cost more than the car loan.
"I'm paying $351 a month, which is more than I pay for my car every month," said one driver in Florida.
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Download the WFMY News 2 app:
►Text the word APP to 336-379-5775
It's not just you and it's not your imagination, everyone around you is thinking the same thing: certain bills are really going up.
People nationwide are feeling the pinch when it comes to car insurance. According to Bankrate annual premiums have increased by about $243 to more than $2,000 a year.
For some drivers, insurance premiums cost more than the car loan.
"I'm paying $351 a month, which is more than I pay for my car every month," said one driver in Florida.
Follow us:
Download the WFMY News 2 app:
►Text the word APP to 336-379-5775
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