U.S. Auto Insurance Rates Rise 7.5% Increasing Average Full Coverage Premium to $2,615
The average annual full-coverage auto insurance premium in the U.S. is projected to increase by 7.5% this year, amounting to an additional $182. This raises the national average premium from $2,433 to $2,615. The rise in premiums reflects ongoing adjustments within the insurance market influenced by factors such as claims trends and operational costs.