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According to Bankrate’s 2025 True Cost of Auto Insurance report, the average cost of a full coverage car insurance policy went up $625 — or $26 per month — from January 2023 to January 2025 ...
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
Why did my car insurance rate go up? While auto insurance premiums are individualized, overall changes in the insurance industry can impact all policyholders. Your rate may have increased due to ...
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. If you'd like to save money on auto insurance, click here for our up-to-date list of the top cheap insurance companies .
Across the United States, the cost of car insurance is up 19% compared to a year ago, according to August’s Consumer Price Index report released on Wednesday. That’s the biggest annual ...
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