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In 2023, personal auto insurance costs will increase the most they have in six years, ValuePenguin projects.

The beginning of the year is a great time to review your homeowners coverage so you aren't left underinsured if you encounter one of these common claims.

The figures are from the NAIC's 35th annual State Insurance Department Resources Report.

Among policyholders that filed a claim in the past five years, 40% had an event where the policy did not respond as they had expected.

Looking at demographic data, baby boomers and Gen Xers accounted for the most moves in 2022.

When broken down by vehicle type, Forbes found minivans were the least expensive to insure on average and coupes were the most expensive.