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Marketplace Issues

Marketplace Issues

Do you get a pit in your stomach every time you open your car insurance renewal notice? You’re not alone. The cost of car insurance has increased by 19% in the last year - the biggest increase since 1976 - according to August’s Consumer Price Index (CPI). The surge in car insurance rates over the past year is a culmination of various factors, ranging from the cost of vehicle repairs to the increase in vehicle theft incidents.

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