Car insurance is on the up, even as prices come down
Car prices have come down consistently over 10 months after a spike during and after the pandemic sent prices skyrocketing. But insurance and maintenance costs are both up significantly from a year ago. (Frederic J. Brown/AFP via Getty Images)
Car prices have come down consistently over 10 months following a spike during and after the pandemic sent prices skyrocketing.
While the price-drop for both new and used vehicles is welcome, insurance and maintenance costs are up significantly from a year ago. What’s behind the increase?
Host Scott Tong turns to Sean Tucker from Cox Automotive for more.
This article was originally published on WBUR.org.
