davearms

Skyrocketing auto insurance premiums are fuelling inflationary pressures in the USA. Costs have been rising at their fastest ever rates. Premiums jumped 2.6 per cent in March alone, which means costs are a whopping 22.2 per cent higher than this time last year. The increases contributed to inflation rising by 0.4 per cent last month. No other category of spending has soared as much as auto insurance. Foxbusiness.com said the average cost of car insurance in the US has surpassed $2,300 per year, which amounts to about $192 a month. The rising prices are impacting the lowest paid most. Insurance is becoming more of a financial burden for those struggling to make ends meet in the cost of living crisis.

1. "Based on what I have read, I would say ..." 2. "From my understanding of (topic), I believe that ..." 3. "I'm inclined to think that ..." 4. "My best guess would be ..." 5. "As far as I'm aware, I think that ..."

Pronunciation: "If the stick isn't thick, you'll split it when you hit it."