Did Auto Insurance Go Up In 2024. That’s an increase of 290% in stolen catalytic converters from 2020. Inflation, supply chain disruptions, and the increased value of used cars are all contributing to the.
The mother of all interest rates is actually a range, and it has sat at 5.25% to 5.5% since july 2023, following a campaign of rate hikes to combat surging inflation. Insurify projects that car insurance rates will increase by 7% in 2024.