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  2. Up almost 21%
    Car insurance rates are up almost 21% for the 12 months ended in February, according to new Consumer Price Index data released Tuesday. The last time car insurance rates rose that much on an annual basis was 1976, not counting January, which saw the same annual rate increases.

    What’s behind the rapid increase in car insurance rates

    www.cnn.com/2024/03/13/business/car-insurance-rates-are-surging/index.html
    www.cnn.com/2024/03/13/business/car-insurance-rates-are-surging/index.html
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  3. People also ask
    How much does car insurance cost?
    According to CarInsurance.com, Nationwide’s average annual rate for full coverage for a driver with good credit is $1,548. But that same policy costs $2,259 on average for a driver with poor credit. By comparison, Allstate charges an average of $2,509 per year to drivers with good credit but $4,177 for those with poor credit.

    How does your credit score affect your car insurance rate?

    foxbusiness.com
    How much does car insurance cost if you have bad credit?
    Drivers with poor credit can pay hundreds if not thousands more for car insurance than people with good credit. According to CarInsurance.com, Nationwide’s average annual rate for full coverage for a driver with good credit is $1,548. But that same policy costs $2,259 on average for a driver with poor credit.

    How does your credit score affect your car insurance rate?

    foxbusiness.com
    How much do insurance rates go up after a DUI?
    insurance companies will classify you as a high-risk driver after a DUI, but the amount your rates will go up depends on the provider, where you live and whether its your first violation or a repeat offense. According to an analysis of Quadrant Information data by Bankrate, a DUI conviction raises premiums by an average of $190 a month.

    The best cheap car insurance after a DUI

    cnbc.com
    Can a person's credit be used to determine auto insurance rates?
    A handful of states – California, Hawaii, Massachusetts, and Michigan – prohibit insurance companies from using a person’s credit to determine rates. Others, including Nevada, Oregon and Utah have enacted limits on but don’t completely ban the use of credit when making auto insurance decisions. Key highlights

    How does your credit score affect your car insurance rate?

    foxbusiness.com
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  4. CBC
    https://www.cbc.ca/news/canada/toront…

    Car insurance costs to rise in 2024 thanks to inflation, …

    WEBFeb 3, 2024 · Car insurance premiums are expected to keep climbing in 2024, with inflation and rampant auto theft driving the charge, according to a new report. Rates could rise by as much as 25%, says ...

     
  5. Global News
    https://globalnews.ca/news/10257334/auto-insurance-premium-outl…

    Canadians are expected to pay even more for car insurance this …