Released: April 20, 2009

Insurance premiums rise

Source: Kathy Chu and Sandra Block, USA Today

Home, car and life insurance prices are climbing as insurers grapple with lower investment returns and profits.

The cost of a typical auto insurance policy will rise 4% to $875 this year, on top of a 3% increase last year, according to the Insurance Information Institute, a trade group. Consumers also will pay more for homeowners insurance: The average policy will jump 3% to $841. And term life insurance rates are rising after several years of declines.

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