The insurance aggregator ValuePenguin.com is forecasting a 12.6% rise in US motor insurance [4] rates in 2024, compared with an 11.2% increase in 2023.
American motorists would now have to pay 1 984 USD per year to insure their vehicles.
This price hike can be attributed to a number of factors, including rising repair costs, the growing number of motor claims and car thefts.
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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-207-january-2024
[4] https://www.atlas-mag.net/en/category/pays/etats-unis/best-car-insurance-companies-us