Car insurance rates in the U.S. have risen sharply, with the national average cost reaching $2,329 annually as of June, up from $1,601 in January 2021. Texas has seen even more significant increases, with rates averaging $2,672, a 25.5% rise in 2023, attributed to factors such as increased vehicle prices, high accident rates, and inflation. Concurrently, the Texas Windstorm Insurance Association is poised to vote on a 10% rate hike for homeowners on the Gulf Coast, reflecting the rising costs associated with extreme weather events and insufficient current rates. If approved, policyholders could see their premiums rise by $230, further burdening homeowners who already face challenges in securing affordable coverage. The growing costs of insurance are contributing to an increase in uninsured drivers, with similar trends observed in states like Utah, where the percentage of uninsured drivers has risen over the years. This situation highlights a broader affordability crisis in both car and home insurance across the region.