The average cost of full coverage car insurance in the U.S. is 12% higher in 2025, according to a report by Bankrate.
At $2,638 per year or roughly $220 each month, the data showed U.S. consumers will spend an extra $289 in 2025 or $24 more every month when compared to 2024.
Meanwhile, the typical U.S. household now spends 3.39% of their annual income on auto coverage, with the U.S. Census Bureau reporting a national median household income of $77,719.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
Joe Toppe
Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.
