- Car insurance rates are on the rise for over 5.6 million Americans, but over the same period, 7.7 million will see their rates fall.
- Over 1 million drivers in Kentucky, Louisiana, and Kansas will see their car insurance rates drop. Rates in Kentucky will fall the most, dropping premiums by about 5%.
- The cost of car insurance depends a lot on state laws and varies greatly between states. Additionally, car insurance companies are always changing the way they price their policies, leading to premium changes.
- See Business Insider’s picks for the best cheap car insurance companies »