Car Insurance Rates Surge Across US, Florida, Louisiana Most Affected

Car insurance rates are rising sharply across the United States, with the average cost of full coverage expected to reach $2,435 in 2025, reflecting a nearly 35% increase since 2022. Notably, Louisiana drivers face the highest burden, spending 6.83% of their household income on premiums, while Florida follows closely at 5.69%. Insurify's study highlights that some states, including Wisconsin, may see smaller increases in their insurance rates, providing a sliver of relief amid the nationwide trend. Factors contributing to these rising costs include inflation, increasing vehicle repair expenses, and the complexity of modern vehicles equipped with advanced technology. Specific states like Florida and New York are projected to experience significant hikes, with Florida's rates anticipated to reach $2,484 and New York's hitting $4,183. This situation has left many drivers grappling with financial strain as they navigate the escalating insurance landscape.