Car insurance costs to rise in 2024 thanks to inflation, rampant auto thefts: report
Car insurance premiums are expected to keep climbing in 2024, with inflation and rampant auto theft driving the charge, according to a new report.
![Car insurance costs to rise in 2024 thanks to inflation, rampant auto thefts: report](https://i.cbc.ca/1.6691684.1671492920!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/car-accident.jpg)
![Auto insurance companies claim evidence shows accidents happen more frequently to drivers with poor credit scores. New Brunswick's Office of the Attorney-General questioned that causal relationship at hearings earlier this year. An SUV crashed into a vehicle with a piece of police tape on it. There is snow on the ground and a Gardaworld SUV in the background.](https://i.cbc.ca/1.6691684.1671492920!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/car-accident.jpg)
Car insurance premiums are expected to keep climbing in 2024, with inflation and rampant auto theft driving the charge, according to a new report.