America’s Car Insurance Crisis Is Getting Worse

Drivers across the U.S. are struggling with the growing cost of car insurance, which rose 2.6 percent in March from February and 22.2 percent from a year earlier, according to the latest data on inflation shared by the Labor Department.In the same month, consumer prices climbed 0.4 percent compared to February, with inflation rising by a stronger-than-expected 3.5 percent. Shannon Martin, a licensed insurance agent and Bankrate analyst, told Newsweek that skyrocketing car insurance premiums might have something to do with rising inflation.”Car insurance inflation is sticky, which can…