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Biden and Harris Policies Drive Car Insurance Costs Up 54 Percent

Finding the silver lining that Democrat elites promised during their so-called “hope and joy” convention in August has become a Herculean task for average Americans. Struggling to make ends meet has overshadowed the lofty narratives spun by the likes of Vice President Kamala Harris and President Joe Biden. The latest saga in this inflationary drama showcases car insurance prices, which have shot up a staggering 54 percent under Harris’s watch, leaving many wondering how much more joy they’ll need to dig out of their wallets.

Statistics spilling from the Bureau of Labor Statistics unveil a startling revelation: since January 2021, the Biden-Harris administration has orchestrated a 54 percent spike in car insurance premiums. This trend has become an unfortunate hallmark of their tenure, which is largely characterized by runaway prices that seem to sprout like weeds. With Harris gearing up to potentially face off against former President Donald Trump, one has to wonder if their campaign strategy will be centered around promising to lower car insurance along with the price of eggs.

But that’s just the tip of the iceberg. New car prices have surged by 19 percent, while the cost of used vehicles has jumped by 20 percent since these two took the reins. A sense of urgency is palpable as Americans contemplate delaying their vehicle purchases due to inflated prices and those ever-pesky maintenance costs. Maintaining a vehicle now requires a king’s ransom, with repair and maintenance costs soaring 30 percent. And let’s not forget the sky-high gas prices that have become a hallmark of life under the Biden administration. Filling up the tank feels like financing a small car.

In true Democrat fashion, instead of confronting the reality of the rising costs, they seem poised to pounce on a political opportunity by shoving electric vehicles down the throats of the American public. Following her co-sponsorship of the Green New Deal, which aims to eliminate gas-powered cars, Harris may just champion EVs as the solution to the mess they’ve created—because who needs practical solutions when you have a shiny new electric car?

All of this inflationary chaos functions as a poignant example of why Harris is not touted as a miracle worker in the eyes of many Americans. In fact, her role in passing high-priced spending bills, including the infamous American Rescue Plan—a hefty $1.9 trillion proposal—has only added fuel to the inflation fire that continues to burn relentlessly. Practical Americans find themselves wishing for a break, while Democrats continue to make proposals that seem designed to make life more unaffordable at every turn.

Written by Staff Reports

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