Deleted member 4581
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2023 Auto Insurance Rate Predictions:
--Auto insurance is expected to increase by 8.4% in 2023 with 45 states seeing their rates increase by at least 1%.
--The average cost of full coverage car insurance in 2023 is $1,780/year, with Michigan, Florida, and Rhode Island residents paying the highest premiums.
--Have the need for speed? Drivers with traffic violations in 2023 will see their premiums jump 52% on average.
--Car insurance for new Electric Vehicles will be 28% higher than new gasoline-powered cars. The Porsche Taycan ($3.576) and Tesla Model Y ($3,110) will have the highest insurance premiums in 2023 with the Honda CR-V as the cheapest car to insure in 2023.
https://www.prnewswire.com/news-rel...surance-costs-increase-in-2023-301714884.html
--Auto insurance is expected to increase by 8.4% in 2023 with 45 states seeing their rates increase by at least 1%.
--The average cost of full coverage car insurance in 2023 is $1,780/year, with Michigan, Florida, and Rhode Island residents paying the highest premiums.
--Have the need for speed? Drivers with traffic violations in 2023 will see their premiums jump 52% on average.
--Car insurance for new Electric Vehicles will be 28% higher than new gasoline-powered cars. The Porsche Taycan ($3.576) and Tesla Model Y ($3,110) will have the highest insurance premiums in 2023 with the Honda CR-V as the cheapest car to insure in 2023.
https://www.prnewswire.com/news-rel...surance-costs-increase-in-2023-301714884.html