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CPI Shows Auto Insurance, Collision Repair Costs Up Again

The Consumer Price Index for auto insurance continued to climb along with costs for vehicle bodywork, according to the latest U.S. Department of Labor figures released today.

By Daniel Hays | Updated on April 14, 2009

NU Online News Service, April 15, 3:15 p.m. EDT

The Consumer Price Index for auto insurance continued to climb along with costs for vehicle bodywork, according to the latest U.S. Department of Labor figures released today.

According to the numbers reported by Insurance Information Institute, as of March the cost of motor vehicle insurance was up 4.4 percent compared with a year ago and collision repairs rose by the same amount.

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