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Average auto insurance costs went up by 22% in 2024, and 23% in 2023. ... Another big reason why car insurance is expensive is the age of the driver. ... Research from 2023 found these national ...
1. Maryland. Average annual cost of full coverage: $3,400 Percent higher than the U.S. average: 46% Projected average rate increase in 2024: 41% Maryland drivers pay the most for full-coverage car ...
5 states with the highest car insurance rates as of Sept. 1, 2024. In August, Maryland had the highest overall average insurance costs, at $258 per month — a $10 increase from the July average.
According to Quadrant Information Services, the average annual rate for a full coverage policy went up 26 percent from 2023 to 2024, with the current average cost of car insurance sitting at ...
For context, the average car insurance rate in the U.S. is $251 per month as of 2023. Here are the cheapest states for car insurance, based on the lowest rates for minimum liability: State
Drivers could continue to see higher car insurance rates in 2024, with the average U.S. rate projected to jump 22% this year. ... a company that provides data about auto insurance rates. The ...
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