Just as new- and used-car prices have skyrocketed in recent years, auto insurance rates are following in lockstep. According to the U.S. Bureau of Labor Statistics average premiums have increased by ...
Car insurance prices are expected to increase an average of 7.5% in 2025. That's a significant slowdown from the past two years, when car insurance rates rose an average of 16.5% in 2024 and 12.0% in ...
Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...
Car insurance helps pay for vehicle damages, injuries and other costs. While the U.S. federal government sets broad rules, each state creates its own laws and requirements for car insurance. So, it’s ...
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