In the news: USAToday.com is reporting that Americans will see an increase in the cost of insurance, and specifically a 4% increase in a typical auto insurance policy this year. In a time when Americans could use a break, increased insurance abounds. Why?

According to the article, insurance providers use premiums and investments as a means of income. When the investment side of an insurance company isn’t fairing well, they turn to increased premiums to help keep things in the black.

At a time when even super safe Treasury securities are taking a hit and nothing seems to be a solid investment, corporations such as insurance providers are turning to the consumer’s rates to remain stable.

What do you think?
Leave your comments below, and read the entire USAToday.com article here.

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