From CNN:

Car insurance costs in the U.S. are affected by factors like location, vehicle type and credit score. Average prices vary by state and age of drivers on the policy. Auto insurance prices in the U.S. increased almost 20% in 2023 due to various factors. Rates vary widely by location, coverage, vehicle type and more.

Different states have varying average car insurance costs and laws. Maine has the lowest average cost for full coverage, while Louisiana has the highest. Urban areas typically have higher rates, but there are exceptions. Vermont, Maine and New Hampshire have low rates despite being rural, while Florida has high rates due to no-fault laws and extreme weather.

The age of vehicle owners and drivers can greatly impact car insurance rates. Teens, considered high-risk due to inexperience, have the highest rates, while prices begin to increase again for drivers over 65. Additionally, drivers in areas with extreme weather and frequent claims may have higher rates. The type and safety features of the vehicle also affect rates.

High annual mileage can lead to higher car insurance rates, as the more time spent driving increases the likelihood of an accident. Insurers consider age, location, vehicle type, and annual mileage to calculate rates. Certain factors, such as vehicle type and safety features, can also influence insurance costs.



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