The article discusses how inflation has slightly decreased but remains high. Auto insurance prices have increased by almost 15%, with all states experiencing some degree of price increase. Experts attribute the rising costs to repair parts, labor, and claims. Traffic has increased and accidents have become more expensive to fix, causing everyone to pay more. The average nationwide price increase for auto insurance was 14.7% from January 2022 to January 2023, according to the U.S. Bureau of Labor Statistics. Consumers can lower insurance prices by ensuring accurate information, asking for discounts, and increasing deductibles. The insurance industry tends to move in cycles, and experts believe that rates will eventually return to normal.