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Kavya Beheraj/Axios Car insurance rates could rise more by the end of the year with tariffs than without them, a new projection finds. Why it matters: The analysis shows one more way that Americans ...
A map showing the states with the highest car insurance costs, according to data shared by Bankrate including average annual premiums and percent of income spent. Bankrate What People Are Saying ...
Car insurance rates increased by an average of 15% last year. Here’s where rates are the cheapest, and which states still pay less than the national average.
A recent report from Insurify, an auto insurance comparison website, shows the average cost of auto insurance in the U.S. has been steadily increasing since 2021.
Connecticut had the highest average cost for liability-only insurance, at $215 per month. Here are the five states with the highest average car insurance rates in August 2024.
Poor credit increases that average rate to $3,455, and having an at-fault accident with good credit pushes the cost to $3,164. Drivers with a DUI paid the most, at an average of $3,933 annually.
The average cost of car ownership is around $12,000. The Bureau of Labor Statistics found that Americans spent $12,078 on car ownership costs in 2023, while AAA estimates that in 2024, Americans ...
Average car insurance rates have been rising across the board. According to Bankrate, the cost of car insurance is up nearly 12% in 2025, averaging $2,680 per year for full coverage – or $802 ...
However, that's well below the whopping 22% hike that the state logged between 2023 and 2024. Here's how average car insurance costs in Wisconsin will compare to the rest of the U.S. this year.