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Many states that saw large auto insurance increases from 2023 to 2024 saw rate stabilization and even rate drops from 2024 to ...

Drivers in Louisiana and Florida face the highest car insurance cost in the country, according to a recent study by Bankrate.

Costlier cars or auto parts can increase claims costs, which take time to filter through to car-insurance rates.

Car insurance prices are more than double the cost compared to five years ago, forcing drivers to cut or reduce their coverage to afford premium costs.

Car insurance can be a big expense these days: The average cost of a full coverage policy is $2,670 a year, according to Bankrate. That's up from $2,543 in February 2024 and $2,018 in February 2023.