U.S. Auto Insurance Rates Rise 7.5% Increasing Average Full Coverage Premium to $2,615
U.S. auto insurance premiums are increasing by 7.5%, raising the average full-coverage rate to $2,615, driven by market adjustments and claims trends.
U.S. auto insurance premiums are increasing by 7.5%, raising the average full-coverage rate to $2,615, driven by market adjustments and claims trends.
Embedded insurance is the fastest-growing distribution channel in personal lines, surpassing traditional broking and direct-to-consumer models, driven by cost efficiency and enhanced consumer reach.