MENU
SEARCHAverage rates varied by area, though, with some spots rising.
New York experienced the highest auto insurance rates for the month at $282 for overall coverage.
Pexels/Jonathan Cooper
The cost to insure a vehicle was flat in December nationally, but some states experienced increases, at least for some coverage aspects.
Rates stayed relatively steady in the last six months of 2024 after rising in 2023 and the first half of last year, according to Massachusetts-based insurance comparison-shopping website Insurify.
At the end of last year, full coverage cost an average of $193 per month on a nationwide basis, unchanged month-over-month. Liability-only policies averaged $105 per month, also unchanged.
But there were outliers in both directions. Full coverage in Washington, D.C., rose a painful 12% to $283, while in Louisiana the average full-coverage cost fell about 3% to $235.
Insurance rates vary by area based on factors such as weather, traffic patterns and crash rates.
New York experienced the highest auto insurance rates for the month at $282 for overall coverage, followed by Maryland, South Carolina, Nevada and Washington, D.C.
Originally posted on Auto Dealer Today
Wholesale auto conversion rates dropped slightly as auction buyers proved picky last week, analysts observed.
Read More →
Fast charging of electric vehicles provides a solution for range anxiety, but it also poses a risk to battery cycle life due to increased temperatures, according to an EV supply chain data provider.
Read More →
Expanding Midwest automotive group picks up three stores as part of the robust transaction activity early this year.
Read More →
Stellantis is adding a third end-of-life vehicle dismantling facility to feed its growing reuse business sparked in large part by autos’ growing lifespans.
Read More →
Cox Automotive data shows Americans doubled down on big-is-better despite price increases. Slightly higher incentives helped fuel the demand.
Read More →
The automaker says its movement of some electric-vehicle work to the S.C. factory is part of a more tailored product focus. It also plans to add a new hybrid model to the plant’s itinerary.
Read More →
Last week's wholesale automotive auction activity continued in a healthy mode, though buyers practiced selectivity.
Read More →
CarGurus’ first quarterly review of 2026 shows that affordability concerns are continuing to drive consumer purchases with a shift to more fuel-efficient options.
Read More →
JD Power analysts see auto retail faring this year’s storms well through various means, though it acknowledges conditions are challenging to accurately predict.
Read More →
Car insurance premiums have continued to decline so far this year, the overall national average settling at $138 per month in March, according to Insurify data.
Read More →