NEW JERSEY – Insurance.com, an online resource to educate consumers on auto, home, health, and life insurance, Tuesday revealed the 10 states that experienced the most significant increases in car insurance premiums.
Rates are going up for most drivers. The average cost of car insurance premiums nationwide rose from $1,355 in 2016 to $1,585 in 2022, jumping nearly 17 percent.
South Carolina, New Jersey, Missouri and several other states suffered even greater increases in premium costs, according to Insurance.com’s research. In some states, residents saw their premiums escalate by more than 50% since 2016.
There are several reasons why car insurance premiums rise faster in some states than others. For example, population size, the number of claims in an area, and state laws affect insurance rates, said John McCormick, editorial director for Insurance.com.
“Insurers often use localized information to set rates,” McCormick said. “They even consider if a particular area is prone to severe weather damage.”
The 10 States Seeing the Biggest Car Insurance Premium Hikes:
| State | 2016 Average Rate | 2022 Average Rate | % Increase |
| South Carolina | $1,263 | $2,068 | 63.74% |
| New Jersey | $1,353 | $2,214 | 63.64% |
| Missouri | $1,158 | $1,807 | 56.04% |
| South Dakota | $1,052 | $1,631 | 55.04% |
| North Carolina | $963 | $1,451 | 50.67% |
| Nebraska | $1,117 | $1,654 | 48.08% |
| Texas | $1,308 | $1,884 | 44.04% |
| Montana | $1,224 | $1,731 | 41.42% |
| California | $1,527 | $2,119 | 38.77% |
| Maine | $920 | $1,264 | 37.39% |
While the price of car insurance is heading up in many states, Insurance.com’s research finds there are also a handful of states, including Connecticut and Pennsylvania, where residents saw their premiums decrease.
