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
    link
    fedilink
    arrow-up
    7
    ·
    edit-2
    5 months ago

    deleted by creator

    • ShunkW@lemmy.world
      link
      fedilink
      arrow-up
      4
      ·
      10 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
        link
        fedilink
        arrow-up
        3
        ·
        10 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.