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Anyone who feels as if car insurance premiums have gotten way too expensive in the past few years is not hallucinating. Between February 2023 and February 2024, car insurance costs went up by 21%.
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.
If you've noticed your car insurance costing more money over the past several years, it's not your imagination. Since October 2020, the index for motor vehicle insurance jumped by 50.3%, according ...
Move to a cheaper state: Car insurance costs can vary dramatically by location. Drivers in the most expensive states pay more than four times as much as those in the lowest-cost locations. If you ...
Still, that’s an improvement from March, when car insurance rates were up 22.2% annually. The last time car insurance rates rose that much on an annual basis was in 1976.
Why is car insurance still so expensive? Tribune. Emma Nelson, Star Tribune. June 12, 2024 at 1:08 PM. Inflation is cooling after a hot start to 2024, but it's still higher than policymakers would ...
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