Creative Planning Chief: 'US Auto Insurance Rates Have Increased by 94% over the Last Decade'

Creative Planning Chief: 'US Auto Insurance rates have increased by 94% over the last decade'

Charlie Bilello, Chief Market Strategist at Creative Planning, said in a social media post that over the past decade, U.S. auto insurance premiums have increased by 94%, more than double the 35% rise observed in the overall U.S. consumer price index (CPI)."US Auto Insurance rates have increased by 94% over the last decade, far above the 35% increase in overall consumer prices," said Bilello.According to Bilello, a graph he presented shows a sign…

Insurance rates continue to climb in Q2'25, according to Novatae Risk Group

Insurance rates across the US continued their upward trend in the second quarter of 2025, according to new data released by MarketScout, a national insurance distribution and underwriting company, in collaboration with Novatae Risk Group, a specialty insurance brokerage and risk advisory firm. For commercial insurance, average rates rose by 2.8% during the quarter. Although this marks a continued increase, it represents a slight slowdown from th…