Auto Insurance Rate Increases By State 2024. This time a month ago, the average. However, if the 2023 data is any indicator,.
The average annual premium for full coverage auto insurance in the u.s. Washington — people in washington should expect to pay more for car insurance this year.
Rose To $2,543 In 2024 — Up 26% From The Previous Year, According To Bankrate.
With these hikes, the average annual cost of auto insurance is anticipated to hit $1,984 in 2024, according to the report.
That’s Almost Double The Typical Annual Rise.
What states are the least expensive for car insurance?
We Evaluate Car Insurance Rates By State To Reveal The Most Expensive And Cheapest States For Auto Insurance.
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Bankrate Shared With Cnbc Select That The Following States Have Seen The Largest Change In Full Coverage Auto Insurance Premiums Since 2023:
This is because insurers adjust rates to cover their annual claim.
Why Auto Insurance Rates Are Heading Skyward.
Drivers in michigan, florida, and nevada are set to.
That Comes After A 15% Jump Between 2022 And 2023.