![]() ![]() Money expert Clark Howard says there could be many factors that contribute to a rise in insurance rates. ![]() See ValuePenguin’s complete report, The State of Auto Insurance. Car Insurance Is Going Up in These 5 States The report projects that drivers in five states will see an increase in their car insurance rates in 2021.įor its analysis, ValuePenguin used 15 million quotes taken from publicly sourced insurer filings across the country.ĭespite a drop in the national average when it comes to car insurance costs, a handful of states are projected to endure modest bumps in their rates. Report: National Car Insurance Rates Are Going Down … Except Here The average price of a policy is $1,636 a year, 1.7% lower than last year. Overall, car insurance prices in the United States are down from last year according to a recent report from personal finance website ValuePenguin. But less time behind the wheel doesn’t necessarily translate into cheaper car insurance. Like many Americans, you may not be driving as much as you did in the past because of the COVID-19 pandemic. ![]()
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