On a year-over-year basis, the rate of increase in auto body repair prices is down from last month and the all-time high in July but continues above the rate of inflation. The most recent government figures on inflation through February released Tuesday, March 14 show the rate of growth of auto body repair prices is […]
Labor Rate Survey Bill Introduced in Vermont
Legislation would require the Commissioner of Financial Regulation to survey labor rates and establish a minimum rate. A bill introduced by five members of the Vermont House of Representatives February 2 proposes to establish minimum reimbursement rates for labor on automobile insurance claims. House Bill 160 (HB160), introduced by Rep. Kevin Christie, Rep. Kenneth Goslant, […]
U.S. Auto Body Repair Prices Up Over 12% in November Compared to Last Year
The rate of increase in auto body repair prices is down from last month and the all-time high in July but continues above the rate of inflation. The most recent government figures on inflation through November released Tuesday, December 13 show the rate of growth of auto body repair prices is above the rate of […]
U.S. Auto Body Repair Prices Up Over 13% in October Compared to Last Year
The increase in auto body repair prices is down from the all-time high in July but continues above the rate of inflation. The most recent government figures on inflation through October show the rate of growth of auto body repair prices is above the rate of general inflation for the 16th month in a row, […]
U.S. Auto Body Repair Prices Up Over 12% in September Compared to Last Year
The increase in auto body repair prices is down from the all-time high in July but continues above the rate of inflation. Collision repair facilities report securing labor rate increases from insurers in response to historic levels of inflation. The most recent government figures on inflation through September show the rate of growth of auto […]
U.S. Auto Body Repair Prices Up Nearly 15% in July Compared to Last Year
The increase in auto body repair prices continues above the rate of inflation. Marks historic largest year-on-year increase reported since data was tracked starting in 1978. The most recent government figures on inflation through July show the rate of growth of auto body repair prices is above the rate of general inflation for the 13th […]
U.S. Auto Body Repair Prices Up Over 8% in November Compared to 2020
The increase in auto body repair prices continues above the rate of inflation. Marks largest year-on-year increase since 1982. The most recent government figures on inflation through November 2021 show the rate of growth of auto body repair prices is above the rate of general inflation for the fifth month in a row. The result […]
U.S. Auto Body Repair Prices Up Nearly 6% in September Compared to 2020
The increase in body repair prices was above the rate of inflation for the third month in a row. The most recent government figures on inflation through September 2021 show the rate of growth of auto body repair prices is above the rate of general inflation throughout the third quarter. The result comes after increasing […]
U.S. Auto Body Repair Prices Up 5.5% in July Compared to 2020
The increase in body repair prices was slightly above the rate of inflation after three months increasing at a lower rate. The most recent government figures on inflation through July 2021 show the rate of growth of auto body repair prices is above the rate of general inflation after increasing at a rate below […]
U.S. Auto Body Repair Prices Up 5.1% in June Compared to 2020
The increase in body repair prices was below the rate of inflation for the third month in a row after 32 straight months increasing at a higher rate. The most recent government figures on inflation through June 2021 show the rate of growth of auto body repair prices has been below the rate of […]