US car insurance costs are set to hit another record:
Average annual premiums are expected to rise +4% by the end of 2025 to a record $2,402.
The national average cost of full-coverage car insurance could climb as much as +7%, to $2,472.
Premiums are projected to surge at least +12% in Rhode Island, Michigan, Maine, Washington, D.C., and Delaware.
Meanwhile, Maryland holds the highest average premium at $4,093, up +20% YoY.
Nationwide, car insurance costs have already risen +$759, or +49%, since 2021.
Car ownership costs have never been higher.
US car insurance costs are set to hit another record:
Average annual premiums are expected to rise +4% by the end of 2025 to a record $2,402.
The national average cost of full-coverage car insurance could climb as much as +7%, to $2,472.
Premiums are projected to surge at… pic.twitter.com/OwbGDwh3EZ
— The Kobeissi Letter (@KobeissiLetter) November 8, 2025
How long before people simply can’t afford to drive to work.