Car insurance premiums rose rapidly last year – and they will go up another 7 per cent this year, a new report reveals.
New Yorkers were hit the hardest. The average yearly premium for full-coverage car in the Empire State was a $3,374 in 2023, according to Insurify.
This is 67 percent higher than the US average of $2,019 and more than triple the typical $1,010 premium in New Hampshire – the cheapest state.
Car insurance rates sky-rocketed 24 percent in 2023 as the rising cost…
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