Florida Auto Insurance Costs Drop in 2025 but Remain Among Highest Nationally
Florida saw a 9% drop in auto insurance premiums in 2025 but remains the second most expensive state. Rising repair costs and climate risks keep premiums high.
Florida saw a 9% drop in auto insurance premiums in 2025 but remains the second most expensive state. Rising repair costs and climate risks keep premiums high.
US auto insurance premiums are projected to increase 7.5% in 2025 due to claims from natural disasters, repair cost inflation, and market dynamics, with notable regional variations.
Connecticut homeowners saw a 45% rise in insurance policy non-renewals in 2023 amid rising repair costs and tariff-related inflation, reflecting national insurance market challenges.