Car insurance rates are surging as Americans struggle to pay for basic necessities and ongoing debt.

The newest Consumer Price Index shows car insurance spiked 20 percent year over year. The surge in pricing occurred after years of gradual price inflation, with earlier reports finding the rates grew by 36 percent since 2020.

That’s at the same time debt is soaring for many Americans. While Americans hold around 1.75 trillion in student debt loans alone, they also have $1.05 trillion in credit card balances not paid off.

  • Tak
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    4 months ago

    I’d think both cause accidents and it’d be better to replace lights as we know them whether that is with roundabouts or with more intelligent lights. I’d personally love to know how much time I have remaining on a light so I know if I can make the protected turn or if I should slow.

    • ShunkW@lemmy.world
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      4 months ago

      I’ve seen lights like that before. They were more of a distraction in my opinion. I’ve also seen lights that cycle back from red, attempting to allow people to clear the intersection before being tboned I guess?

      • SuiXi3D@kbin.social
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        4 months ago

        Maybe the solution is to instead re-educate everyone on how to drive in such a manner as to consider the traffic behind them.