Car insurance rates have soared 36% since 2020. Here’s why.
The "useful story" behind recent price hikes isn't just inflation—it's technology and environment: prices for car insurance
: Companies increasingly use "Big Data" like your credit history and even your TV provider to determine your rate, sometimes weighing these more than your actual driving habits. How to Lower Your Bill Car insurance rates have soared 36% since 2020
The average cost of full-coverage car insurance in the U.S. is approximately (about $225 per month ) as of April 2026. Rates have surged by roughly 36% since 2020 , primarily driven by rising vehicle prices, expensive high-tech repairs, and more severe accident claims. Current Average Costs primarily driven by rising vehicle prices