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Why car insurance rates are rising at a record pace


Gas prices may seem like a bargain as families hit the road for summer vacation, but car insurance rates are suddenly taking off. Rates have risen 5 to 10 percent on average; they’re up 7 percent in California, 10 percent in Florida, and a staggering 25 percent in Georgia. NBC’s Tom Costello reveals why. (Run time: 2:45)