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Inflation is easing. Why is car insurance still so expensive?

Isaiah Thompson assesses damage on this Jeep Cherokee, Nov. 14, 2023, St. Paul, Minnesota. Though inflation is cooling, service prices — including auto repairs — remain high. (Glen Stubbe/Minneapolis Star Tribune/TNS)
Isaiah Thompson assesses damage on this Jeep Cherokee, Nov. 14, 2023, St. Paul, Minnesota. Though inflation is cooling, service prices — including auto repairs — remain high. (Glen Stubbe/Minneapolis Star Tribune/TNS)
UPDATED:

While some price increases that consumers feel most held flat or dropped month-over-month, other necessities, including housing and medical care, were still on the rise.

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