Car Insurance Rates on the Rise for 83% of U.S. Drivers
The Zebra's annual report examines more than 61 million auto insurance rates across every
"Some people are paying
Key findings reveal that the state of auto insurance in 2019 is:
Expensive — Car insurance rates are higher than ever, with some parts of the country paying upwards of
- Most expensive states:
Michigan :$2,693 Louisiana :$2,339 Rhode Island :$2,110 - Most expensive cities:
Detroit, MI :$5,464 New Orleans, LA :$3,686 Hialeah, FL :$2,997
Erratic — Rates vary dramatically, with massive increases (and some decreases) over time, and vast disparity even within a single state.
- In
Colorado , car insurance costs are up 80% since 2011, but they're down 20% inOklahoma in the same time frame. - Rate changes from year to year have been as high as 45% in some states.
- Even within a state, rates can vary from one zip code to another by as much as 265%.
Evolving — In 2019, technology is changing both how people drive and how car insurance companies operate.
- Insurance companies are using telematics (apps or plug-in devices to monitor a driver's behavior), which has the potential to lower costs for safe drivers and provide extensive data about driving trends.
- Distracted drivers are starting to pay the price for their dangerous behaviors with an average insurance rate penalty of 20%.
- Although new technology is making cars safer, it's also making them more expensive to repair or replace, so drivers likely won't see any car insurance savings for these new car features.
- Car insurance companies are already leveraging insights from consumers' online behavior for marketing and other purposes, and there is potential this data could inform how they price rates in the future.
See the 2019 State of Auto Insurance Report to explore how gender, credit score, age, popular cars, teen drivers, and all rating factors affect insurance costs by state.
About The Zebra
The Zebra is the nation's leading auto insurance search engine. With its dynamic, real-time quote comparison tool, drivers can identify insurance companies with the coverage, service level, and pricing to suit their unique needs. The Zebra compares more than 200 car insurance companies and provides agent support and educational resources to ensure drivers are equipped to make the most informed decisions about their car insurance. Headquartered in
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SOURCE The Zebra
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