Verkkowhy did auto insurance rates increase? American motorists are spending less on fuel than a year ago, but any savings are likely being gobbled up. Verkkoinflation was also fueled in august by rising rents and gasoline prices. Here are four reasons driving the spike in car insurance prices — and what car. Verkkopremiums are up more than inflation, as insurers deal with rising repair bills and higher car rental rates. But consumers do have some options, experts say. Verkkoin cr’s survey, the median annual savings from using telematics among all telematics users was $120. Those with younger drivers on their policy saved the. That's prompting even the most loyal insurance customers to shop around for.