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Inflation may be cooling, but car insurance rates are revving up. Here's why.

By CBS News   |   Jul 12, 2024 at 01:49 PM EST
Inflation may be cooling, but car insurance rates are revving up. Here's why.

Massachusetts resident Kayla Mills returned her Honda HRV due to a high $520 monthly car insurance bill. Rising auto insurance costs, up 19.5% from last year, are affecting many drivers.

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