Auto insurance is a big factor in inflation.
Good story, but reported with a severe case of windshield perspective.
53% rise in premiums in 3 years attributed first to rising new car prices. But new cars are only a fraction of the cars on the road, and if their prices went up 53% the direct effect on inflation would dwarf the insurance effect.
"New technologies have made vehicles safer" - but new designs have made them less safe if you're not behind the windshield.
https://wapo.st/3VC4i3m
=> More informations about this toot | View the thread | More toots from BenRossTransit@mastodon.social
text/geminiThis content has been proxied by September (3851b).