Car insurance rates are expected to increase by 12.6% across the U.S. in 2024, thanks to rising repair costs and frequent severe weather. That's an even bigger jump than 2023, when rates rose 11.2%.

Car insurance prices are expected to increase an average of 7.5% in 2025. That's a significant slowdown from the past two years, when car insurance rates rose an average of 16.5% in 2024 and 12.0% in ...

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The auto insurance industry is continuing to consolidate: According to the National Association of Insurance Commissioners, the five largest insurers accounted for nearly two-thirds (65.14%) of the ...

“There is likely further pain ahead,” Jerry said in a report. Note: Louisiana and Florida tend to rank high because both experience frequent catastrophic claims from extreme weather, Bankrate said.

Auto insurance costs are on the rise and customers are feeling the squeeze. The average driver in the U.S. pays $1,084 for six months of coverage, or about $181 per month, according to January 2026 ...

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