For immediate release
Contact: Michael Barry, Insurance Information Institute (Triple-I), 917-923-8245, email@example.com
NEW YORK, Feb. 11, 2022—Reporters covering the cost drivers impacting the U.S. auto insurance market can contact the Insurance Information Institute (Triple-I) for interviews, data, and analysis.
The U.S. Bureau of Labor Statistics yesterday announced the inflation rate rose 7.5 percent for the 12 months ending January 2022, the largest 12-month increase since the period ending February 1982. Triple-I today released a Fact Sheet illustrating how this trend and others are affecting the cost of auto insurance.
In addition, the Triple-I subject matter experts listed below can discuss what auto insurance covers, why policyholders may pay more for coverage even when they have not filed a claim, and how policyholders can reduce their auto insurance costs.
Articles: How to Find the Right Auto Insurance, Compulsory Auto/Uninsured Motorists
Facts & Statistics: Auto Insurance
Report: Insurance Research Council: One in Eight Drivers Uninsured (2021)