CAMBRIDGE, Mass.–(BUSINESS WIRE)–Dec 7, 2022–
The average American driver will pay nearly $1,900 for car insurance in 2023, as insurance rates continue to rise across the country. This is according to the Insurify 2022 Auto Insurance Trends Report: 2022 in Review and Whatβs Ahead for 2023.Insurify, America’s top-rated virtual insurance agent, provides expert advice and empowers customers to securely compare, buy, and manage their auto, home, and life insurance policies.
kAmqJ E96 6?5 @7 a_ab[ p>6C:42?D H:== A2J `eT >@C6 7@C 42C :?DFC2?46 E92? E96J 5:5 2E E96 368:??:?8 @7 E9:D J62C] pFE@ :?DFC2?46 C2E6D :?4C62D65 3J hT E9C@F89@FE a_aa 2?5 H:== =:<6=J C:D6 2?@E96C fT π a_ab[ H:E9 E96 2G6C286 p>6C:42? DA6?5:?8 S`[ghd @? 2FE@ :?DFC2?46 3J J62CβD 6?5]k^Am
kAmx?DFC:7JβD C6A@CE =6G6C286D >@C6 E92? eh >:==:@? 42C :?DFC2?46 C2E6D 7C@> 42C :?DFC2?46 2AA=:42E:@?D 24C@DD E96 &?:E65 $E2E6D] %96 7:?2= :?DE2==>6?E @7 2 EH@\A2CE D6C:6D @? 42C :?DFC2?46 EC6?5D π p>6C:42[ :E 7@C642DED :?DFC2?46 AC:46D 7@C a_ab[ 56E2:=D H96C6 4@DED C@D6 E96 >@DE π a_aa[ 2?5 DFCG6JD 5C:G6CD @? 9@H E96:C C2E6D 2C6 492?8:?8 2?5 9@H E96JβC6 ECJ:?8 E@ D2G6]k^Am
kAmr@G6C286 π a_aa 4@DE E96 2G6C286 5C:G6C S`[fff A6C J62C[ 2 hT :?4C62D6 7C@> a_a` 2?5 2 H9@AA:?8 a`T :?4C62D6 7C@> a_a_] ~C68@?[ |2CJ=2?5[ 2?5 ‘:C8:?:2 D2H E96 8C62E6DE AC:46 :?4C62D6D[ H:E9 AC6>:F>D C:D:?8 3J >@C6 E92? adT π 2== E9C66 DE2E6D] r2=:7@C?:2[ >62?H9:=6[ D2H 42C :?DFC2?46 AC:46D 72== `dT π a_aa[ π A2CE 5F6 E@ 2? @?8@:?8 >@C2E@C:F> @? C2E6 :?4C62D6D D:?46 E96 DE2CE @7 E96 r~’xs\`h A2?56>:4] $@>6 :?DFC2?46 AC@G:56CD 2?5 6IA6CED[ 9@H6G6C[ 2C8F6 E92E E96 >@C2E@C:F> π 2=D@ =:>:E:?8 :?DFC2?46 2G2:=23:=:EJ π E96 DE2E6[ 244@C5:?8 E@ x?DFC2?46 y@FC?2=]k^Am
kAmβ|2?J @7 E96 724E@CD E92E 4@?EC:3FE65 E@ C2E6 :?4C62D6D π a_aa H:== 4@?E:?F6 E@ 36 π A=2J 7@C p>6C:42? 5C:G6CD π a_ab[β D2JD k6>m$?6;:?2 +2492C:2k^6>m[ x?DFC:7JβD rt~ 2?5 7@F?56C] β~FC 2??F2= 52E2 C67=64ED E96 DE2E6 @7 E96 :?DFC2?46 :?5FDECJ[ 2?5 @FC ?6H C6A@CE AC@;64ED E92E 9:896C 5C:G:?8 C2E6D[ >@C6 D6G6C6 244:56?ED[ :?7=2E:@?βD :>A24E @? G69:4=6 C6A2:CD 2?5 >65:42= 4@DED[ 2?5 E96 A@E6?E:2==J :?4C62D65 7C6BF6?4J @7 H:=57:C6D 2?5 9FCC:42?6D H:== 4@?E:?F6 E@ 36 E96 <6J 724E@CD 4@?EC:3FE:?8 E@ C2E6 :?4C62D6D ?6IE J62C]βk^Am
kAmz6J 7:?5:?8D 7C@> E96 C6A@CE :?4=F56ik^Am
kF=mk=:m%96 C:D:?8 4@DED @7 G69:4=6 C6A2:C 2?5 >65:42= 6IA6?D6D[ 9:896C 5C:G:?8 2?5 244:56?E C2E6D[ 2?5 E96 A@E6?E:2= 7@C >@C6 7C6BF6?E ?2EFC2= 5:D2DE6CD 5F6 E@ 4=:>2E6 492?86 2C6 E96 3:886DE C62D@?D 4@DED H:== C:D6 E9C@F89@FE a_ab[ 244@C5:?8 E@ x?DFC:7JβD A2?6= @7 :?DFC2?46 6IA6CED]k^=:mk=:m}62C=J 92=7 WcfTX @7 5C:G6CD C6A@CE65 2E =62DE @?6 :?4C62D6 π E96:C 2FE@ :?DFC2?46 C2E6D π a_aa[ 2?5 `hT β ?62C=J ` π d 5C:G6CD β 6G6? C6A@CE65 E96:C C2E6D :?4C62D:?8 >F=E:A=6 E:>6D E9:D J62C]k^=:mk=:msC:G6CD H6C6 92=7 2D =:<6=J E@ 4@?D:56C AFC492D:?8 2 9J3C:5 @C 6=64EC:4 G69:4=6 π }@G6>36C 2D E96J H6C6 π yF=J] w@H6G6C[ π }@G6>36C[ >@C6 5C:G6CD 4@?D:56C65 DH:E49:?8 E96:C :?DFC2?46 AC@G:56C 2?5 6G6? 5C@AA:?8 E96:C 4@G6C286 2=E@86E96C E92? π yF=J[ 56DA:E6 E96 D6C:@FD =682= 2?5 7:?2?4:2= C:D<D @7 5C:G:?8 H:E9@FE :?DFC2?46]k^=:mk^F=m
kAm(:E9 AC:46D A@E6?E:2==J C:D:?8 E9C@F89@FE a_ab[ x?DFC:7JβD A2?6= @7 :?DFC2?46 6IA6CED @776C65 25G:46 7@C 5C:G6CD =@@<:?8 E@ D2G6 @? E96:C 42C :?DFC2?46 AC6>:F>D]k^Am
kAmu:?5:?8 2 G69:4=6 E92E >2E496D J@FC 3F586E π <6J 7@C k6>ms2? #@442E@[ |qpk^6>m[ r=:?:42= !C@76DD@C @7 u:?2?46 2E E96 &?:G6CD:EJ @7 $2? s:68@ $49@@= @7 qFD:?6DD] βq@C:?8 π 36EE6C H96? :E 4@>6D E@ D2G:?8 >@?6J @? 2FE@ :?DFC2?46[β #@442E@ D2JD] β*@FC 962CE H2?ED 2 ?6H 4@?G6CE:3=6[ 3FE J@FC H2==6E π 92AA:6C H:E9 2? @=56C D652?]βk^Am
kAm$66 k2 9C67lQ9EEADi^^4ED]3FD:?6DDH:C6]4@>^4E^r%n:5lD>2CE=:?<U2>AjFC=l9EEADTbpTauTau:?DFC:7J]4@>TauC6A@CETau2FE@\:?DFC2?46Tau5646>36C\a_aaTauU2>Aj6D966Eldb_`cadhU2>Aj?6HD:E6>:5la_aa`a_f__d`h`U2>Aj=2?l6?\&$U2>Aj2?49@Clx?DFC:7JTaeTabga`fTbqDZa_aaZpFE@Zx?DFC2?46Z%C6?5DZ#6A@CETbpZa_aaZ:?Z#6G:6HZ2?5Z(92ETaeTabga`fTbqDZp9625Z7@CZa_abU2>Aj:?56IlaU2>Aj>5dlah2`3b7`6ch“5`hb2ab`4c22g_dbd52Q C6=lQ?@7@==@HQ D92A6lQC64EQmk6>mx?DFC:7JβD a_aa pFE@ x?DFC2?46 %C6?5D #6A@CEi a_aa π #6G:6H 2?5 (92EβD p9625 7@C a_abk^6>mk^2m 7@C >@C6 :?D:89ED @? 2FE@ :?DFC2?46 2?5 5C:G6C 3692G:@C EC6?5D π a_aa 2?5 36J@?5Pk^Am
kAmk6>mp3@FE x?DFC:7Jk^6>mk^Am
kAmq2D65 π r2>3C:586[ |p[ x?DFC:7J[ p>6C:42VD E@A\C2E65 G:CEF2= :?DFC2?46 286?E[ AC@G:56D 6IA6CE 25G:46 2?5 6>A@H6CD 4FDE@>6CD E@ D64FC6=J 4@>A2C6[ 3FJ[ 2?5 >2?286 E96:C 2FE@[ 9@>6[ 2?5 =:76 :?DFC2?46 A@=:4:6D 7C@> E96 =2C86DE D6=64E:@? @7 244FC2E6 BF@E6D] (:E9 >@C6 E92? eh >:==:@? BF@E6D D6CG65[ x?DFC:7J 92D H@? D6G6C2= :?DFC2?46 :?5FDECJ 2H2C5D[ :?4=F5:?8 u@C36D }6IE q:==:@? s@==2C $E2CEFAD @7 a_aa[ (!~βD d_ u2DE6DE vC@H:?8 (@>6?\~H?65 2?5 \{65 r@>A2?:6D a_aa[ x?4]βD d[___ 72DE6DE\8C@H:?8 AC:G2E6 4@>A2?:6D π p>6C:42 @7 a_aa 2?5 a_a`[ u@C36D u:?E649 d_ {:DE 7@C a_a`[ $E6G:6Dβ v@=5 x?E6C?2E:@?2= qFD:?6DD pH2C5 7@C 2 |65:F>\$:K65 x?DFC2?46 r@>A2?J a_a`[ t*βD a_a` }6H t?8=2?5 t?EC6AC6?6FC @7 E96 *62C[ 2?5 x?DFCE649 x?D:89EDβ uFEFC6 d_ a_a`]k^Am
kAm’:6H D@FC46 G6CD:@? @? k2 9C67lQ9EEAi^^3FD:?6DDH:C6]4@>Qm3FD:?6DDH:C6]4@>k^2mik2 9C67lQ9EEADi^^HHH]3FD:?6DDH:C6]4@>^?6HD^9@>6^a_aa`a_f__d`h`^6?^Q C6=lQ?@7@==@HQm9EEADi^^HHH]3FD:?6DDH:C6]4@>^?6HD^9@>6^a_aa`a_f__d`h`^6?^k^2mk^Am
kAmr~}%pr%i k2 9C67lQ>2:=E@iAC6DDo:?DFC:7J]4@>QmAC6DDo:?DFC:7J]4@>k^2mk^Am
kAmx?DFC:7J[ x?4]k^Am
kAmzt*(~#si &}x%ts $%p%t$ }~#%w p|t#xrp |p$$prw&$t%%$k^Am
kAmx}s&$%#* zt*(~#si vt}t#p{ p&%~|~%x’t !#~ut$$x~}p{ $t#’xrt$ x}$&#p}rt p&%~|~%x’tk^Am
kAm$~&#rti x?DFC:7J[ x?4]k^Am
kAmr@AJC:89E qFD:?6DD (:C6 a_aa]k^Am
kAm!&qi `a^_f^a_aa _hi__ p|^sx$ri `a^_f^a_aa _hi_a p|k^Am
kAmk2 9C67lQ9EEAi^^HHH]3FD:?6DDH:C6]4@>^?6HD^9@>6^a_aa`a_f__d`h`^6?Qm9EEAi^^HHH]3FD:?6DDH:C6]4@>^?6HD^9@>6^a_aa`a_f__d`h`^6?k^2mk^Am