State of Auto Insurance: Reports by Year
Every year, ValuePenguin analyzes millions of quotes to track how auto insurance rates are changing across the U.S. Explore the research or browse past years below.
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State of Auto Insurance in 2026
ValuePenguin's 2026 report found that price increases were slowing down significantly.
Rate hikes peaked in 2024 and have been trending down since. In 2026, rates went up by less than 1%, on average.
Reports from previous years
Report | Avg. increase |
|---|---|
| State of Auto Insurance in 2025 | 7.5% |
| State of Auto Insurance in 2024 | 12.6% |
| State of Auto Insurance in 2023 | 8.4% |
| State of Auto Insurance in 2022 | 0.6% |
| State of Auto Insurance in 2021 | -1.7% |
About the Author
Senior Writer
Licensed Insurance Agent
Cate Deventer is a Senior Writer who specializes in health insurance, Medicare, auto and home insurance. She's been a licensed insurance agent since 2011.
She started her insurance career working as a customer service agent for State Farm. She later moved to an independent agency, where she worked with several insurance companies and hundreds of clients. She quoted policies, filed claims and answered insurance questions. In 2021, she pivoted her career and began writing about insurance for Bankrate. She moved to ValuePenguin in 2023 and began writing about health insurance and Medicare.
Cate has a passion for helping readers choose insurance to fit their needs. She enjoys knowing that her research and knowledge help people choose insurance products that make a positive difference in their lives.
How insurance helped Cate
Cate used her health insurance knowledge to navigate a surgery in 2023. Understanding how her policy worked let her focus on recovery instead of worrying about bills.
Expertise
- Health insurance
- Medicare & Medicaid
- Auto insurance
- Home insurance
- Life insurance
Credentials
- Licensed Life, Accident & Health Insurance Agent
- Licensed Property & Casualty Insurance Agent
Referenced by
- CBS
- NBC
- Wall Street Journal
Education
- BA, Theatre, Purdue University
- BA, English, Indiana University
Editorial Note: The content of this article is based on the author's opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.
