2024 Car Insurance Rates. The cost of insurance is up 40 percent over the past two years. What states are the least expensive for car insurance?
It is recommended to compare auto insurance quotes from different companies every six months. Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation.
Auto Quotes As Low As $63/Month.
The consumer price index (cpi) shows that prices for car insurance are up 20.6% in the past year, far outpacing the overall inflation rate and exceeding the inflation.
By Average Annual Premium, Bankrate Says:
Who you pick as your insurance provider can be just as impactful as your driving record.
Find Out How Much You Could Save Now.
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That’s Almost Double The Typical Annual Rise.
Will car insurance rates go down in 2024?
The State That Enjoyed The Largest Decrease In.
The report determined the annual cost for full coverage car insurance in 2024 to be $2,543, compared to $2,014 in 2023 and $1,771 in 2022.
Car Insurance Rates Set To Increase By 7% In 2024.
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