Auto insurance rates have seen the largest year-to-year spike since 1976. The cost of motor vehicle insurance increased 20.6 percent in the last year, and January alone saw a month-on-month rise of 1.4 percent. This escalating cost has played a marked role in tempering early-year optimism regarding inflation .
A recent private-sector estimate revealed that the average annual full-coverage car insurance premium for 2024 is $2,543. This contrasts sharply with 2023’s figure of $2,014 and the 2022 figure of $1,771.
This rise in insurance premium costs is rooted in multiple factors, but the main driver of increased costs is simple. As the costs of motor vehicles themselves have increased substantially, so too has the cost to ensure them. Between January 2020 and January 2024, the average cost of a new vehicle rose over 20 percent. The cost of used cars rose even more and the cost of vehicle repair increased 32 […]
Read the Whole Article From the Source: thenationalpulse.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
