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Renters in Wyoming and Alaska see an average premium of about $8/month, the lowest in the U.S.

Full coverage auto insurance costs more than double the price of minimum-required coverage, according to Nerdwallet.com.

Low-mileage drivers log less than 6,000 miles a year and may qualify for auto insurance discounts.

Growing construction costs, increasing catastrophe exposure and a difficult reinsurance market led to the decision, according to the company.

Home insurance rates in the U.S. are expected to see an average increase of 9% this year.

Direct premiums written in 2022 were up nearly $80 billion from the previous year, according to the NAIC.

According to J.D. Power, these insurers have made a good impression on customers during the property claim process.

The rate increase following an accident varies depending on the location, driver's history and insurance company.