On average, the Hanover Insurance Group offers the most expensive car insurance and Michigan is the country’s most expensive state for auto insurance.
Car insurance rates have soared in post-COVID years, and despite many insurance industry experts predicting slower rate hikes in 2024, data from the first half of the year shows a 15% increase in full-coverage premiums. Insurify’s data science team projects a total 22% increase in 2024. Rate increases in 2024 are largely a continuation of hikes in 2023, a year that saw full-coverage premiums rise by 24% in response to insurers’ record underwriting losses ($33.1 billion) in the year prior. Underwriting losses decreased to $17 billion in 2023 ...
This statistic presents the most expensive cities for automobile insurance in the United States in 2014.
So, which states have the most expensive car insurance rates and just how much more are people paying than average? Here are the top ten most expensive states: State Average Monthly Cost...
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In this article, we will reveal the city with the most expensive car insurance in the US.
Nationally, full coverage costs $2,299, and minimum coverage costs $637 on average per year, so California is an expensive place to buy insurance. To determine the average cost of car...
Vehicle, Average Annual Premium ; Honda CR-V LX, $1,574 ; Jeep Wrangler JL Sport, $1,585 ; Subaru Crosstrek, $1,606