fbpx
Thursday, 18 November 2021 10:18

Report: 12% Increase in Car Insurance Rates from 2020 to 2021

Index

...their experience on the roads in 2021, with 38% reporting driving more frequently and 44% witnessing more aggressive driving.”

 

It’s not out of the question that these elevated levels of reckless driving behavior and fatality rates may be contributing to the surge in auto insurance rates. On average, aggressive drivers pay 25% more for car insurance compared to a policyholder with a clean record.

 

Insurify’s 2021 "Insuring the American Driver" report also shows insights into self-reported driver behavior from a survey of more than 1,000 drivers:

 

  • 44% of drivers witnessed more aggressive driving on the roads in 2021
  • 38% of drivers reported they are driving more in 2021 than in 2020
  • 41% report an increase in their car insurance premiums year over year

 

See Insurify’s "Insuring the American Driver Report" for more insights on the elements driving pricing trends in 2021 as well as a look ahead to car insurance costs in 2022.

 

Source: Insurify

 

Share This:


« Previous Page Continue reading