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Kiplinger
Kiplinger
Business
Erin Bendig

Car Insurance Costs Skyrocket in 2025

Insurance Bankrate Kiplinger
Image of a red car and a stack of coins on a white background.

This year, expect to pay more for your car insurance. Even though inflation has been slowing down, car insurance costs have gone up.

Since 2024, car insurance rates have surged 12%, according to Bankrate. The report determined the annual cost for full coverage car insurance in 2025 to be $2,678, compared to $2,543 in 2024

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