Auto insurance rates are hitting the gas. According to the latest ValuePenguin survey of 2,045 U.S. consumers, nearly 4 in 5 (78%) auto insurance policyholders say their premiums have risen in 2023 or ...

The cost of insuring a vehicle has surged by a staggering 48 percent since 2020, according to the Bureau of Labor Statistics. So we asked car insurance expert Michael DeLong, Research and Advocacy ...

It’s no secret that shopping around for auto insurance can save a considerable amount of cash. In fact, the 68% of auto insurance policyholders who shopped around saved an average of $398 annually on ...

You can lower car insurance costs by bundling home and auto coverage, taking advantage of discounts, adjusting your coverage or paying your premium in full. Improving your credit score may qualify you ...

American motorists are spending less on fuel than a year ago, but any savings are likely being gobbled up by soaring car insurance premiums. Although prices at the pump in December were nearly 2% ...

Learn what a car insurance premium is, how it's calculated, and tips to reduce your costs. Discover ways to get the best car insurance rates.

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Theodore Parisienne for NY Daily ...

Americans seem to be spending a little more on everything these days. And on auto insurance, they are spending a lot more. The average car insurance premium jumped by more than 20% over the past year, ...

Car insurance rates rose more than 25% in February 2024, according to data from Bankrate. Premiums for full coverage auto insurance averaged $2,543, a 26% increase from the same time in 2023.

Car insurance rates rose 12% from 2024 to 2025, according to Bankrate's True Cost of Auto Insurance report, after already climbing 17% from 2023 to 2024. Inflation, the rising cost of repairs, an ...