Auto Insurance Rates Are Soaring in 2025: Slash Your Bill
Advertorial • Auto Insurance
Your City Drivers: Tariffs & Inflation Are Driving Up Insurance Costs
Author: Taylor Clark
By: Taylor Clark
Savings Analyst

Special Report: Auto Insurance Rates Surge in Your State

Auto insurance premiums are skyrocketing across Your State. The U.S. Bureau of Labor Statistics (BLS) reports a 16.5% increase in rates in 2024 alone, with a 53.7% jump since early 2020 nationwide. New tariffs and inflation could push costs even higher—but you can fight back. Save up to $610 a year by comparing quotes.

Rates Are Out of Control

The BLS says auto insurance spiked 20.3% from December 2022 to December 2023—the steepest annual rise since the 1970s. In 2024, rates rose on average 16.5%. Repair costs are up 7.4% in the last year (*BLS, CPI, Feb 2025), driven by pricier parts and labor shortages. In 2025, some drivers are already seeing a 12% increase. However, rates as low as $38 a month are still possible—don’t miss out.

Tariffs: The Next Big Hit

As of March 10, 2025, 25% tariffs on Canadian steel are live, with more tariffs on Canada and Mexico imports coming. Our analysts warn vehicle production costs could rise by $4,000 to $10,000, hiking repair costs and premiums. Lock in rates starting from $9.50/week before it’s too late.

Inflation’s Making It Worse

Inflation’s up 3.4% year-over-year (*BLS, CPI, Dec 2024*), with auto insurance driving 15% of late 2023 price hikes. Our analysts estimate tariffs could add 0.4% more, and those costs can add up over time.

Take Control

Industry experts say comparing quotes can cut costs by up to $610/year. With rates climbing, act fast to secure rates as low as $38/month or rates starting from $9.50/week with Get Affordable Insurance's simple quiz.

*Rates as low as $38/month. Save up to $610 annually. Rates may vary based on driving history, location, coverage selection, and other factors.