45 States Will See Car Insurance Costs Increase in 2023

on Jan 10, 2023 11:48:AM

ricans may be in for insurance sticker shock in 2023 - insurers are expected to raise car insurance premiums by an average of 8.4% in 2023 after a slight 0.6% increase in 2022 according to ValuePenguin's State of Auto Insurance in 2023 report. The average cost of auto insurance is expected to reach $1,780 per year annually, and 45 states will see their car insurance premiums increase in 2023

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