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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
Ohio drivers, already facing stiff increases in prices, now are having to deal with inflation on auto insurance that is the highest in a decade. Sticker shock: Ohio drivers seeing historic rate ...
The average cost of car insurance rose more than 25% in 2024, with some states seeing average premium increases of 40% or more, CNBC reported. Learn More: 2 Reasons New Car Prices Will Crash in 2025
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.
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 .
Even U.S. Consumer Price Index (CPI) data found that car insurance rates increased by 21% in the 12-month period that ended in February. This is the most rapid rise in insurance costs since 1976.
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related to: why auto insurance premiums are increasing in ohio right now youtube todaycarinsurance4less.co has been visited by 100K+ users in the past month