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While average full coverage car insurance rates increased by $289 last year, this is less than the $336 jump from 2023 to 2024 — and experts think 2025 increases will be even more moderate.
Now let's look at why auto insurance rates keep going up -- and how drivers can take matters into their own hands to try to get cheaper car insurance in 2025. 1. Driver's credit score
Between February 2023 and February 2024, car insurance costs went up by 21%. So for example, a car insurance premium that cost $300 per month in February 2023 might cost $363 per month one year later.
Here's why, and where I predict auto insurance rates are heading next year. ... (so less of a need to increase premiums sharply). ... highest cash back card we've seen now has 0% intro APR into 2026.
The national average cost of full coverage car insurance climbed 26 percent from 2023 to 2024, leaving many drivers wondering why coverage has gotten so expensive.
In Louisiana, auto insurance costs are the highest in the nation on a per capita basis, with 4.7% of the median household's income going toward car insurance, Insurify noted.
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