Why is car insurance so expensive 2022 UK?
According to CompareTheMarket.com, the price hikes are down to increased cost pressures for insurers, including an increase in second-hand car prices and rising repair costs as cars become more complex and parts get harder to come by.
Is Florida car insurance going up?
An analysis from insure.com ranks Florida as the most expensive state in the nation for auto insurance, with the average premium at $2,560 a year, or $213 a month. That's a 23% increase in rates from 2021.
Did car insurance go up 2022 Ontario?
Ontario car insurance premiums up 14% since 2017, highest in the country: AG report. Posted Nov 30, 2022, 1:16PM EST. Last Updated Nov 30, 2022, 2:26PM EST. Average auto insurance premiums in the province increased by 14 per cent between 2017 and 2021, to $1,642, the province's auditor general said Wednesday.
Did NC raise car insurance rates?
The NC Insurance Commissioner approved an average of 7.9% increase instead. The new rates kick in on June 1, 2022.