The State of Auto Insurance Rates in 2026
After two years of double-digit annual increases, U.S. auto insurance rates have begun to stabilize in 2026 — but the picture varies dramatically by state. This report analyzes monthly rate data covering 40 states from 2021 to today.
National trend, 2021–2026
The average annual full-coverage premium climbed from $1,580/yr in January 2021 to a peak of $2,389/yr in August 2024 — a 51% increase over four years. As of April 2026, rates have eased to $2,238/yr.
The 10 most expensive states for auto insurance
Premiums vary by more than 2.5x across the country. Drivers in Rhode Island pay roughly $3,638/yr on average — the highest of any state we have data for.
The 10 cheapest states for auto insurance
On the opposite end, drivers in Wyoming pay just $1,103/yr on average — roughly 3x less than the most expensive state.
Where rates rose fastest over the past 12 months
Year-over-year increases were concentrated in a handful of states with high catastrophe exposure, urban density, or recent rate-filing approvals.
Where rates dropped fastest over the past 12 months
Several states saw premiums fall meaningfully year-over-year, often following large prior-year increases that pushed customer churn and forced insurers to refile lower base rates.
About this data
The data behind this report is the monthly average annual premium for full-coverage auto insurance, published by Insurify Insights. We reproduce it here under their public-attribution policy. Coverage includes liability, collision, and comprehensive at common policy limits.
The dataset covers 40 U.S. states; the following are not currently included: AK, DC, ME, MA, MI, MT, NE, NH, NJ, ND, VT.
Caveat: the most recent 1–2 months in any monthly rate dataset are typically preliminary and revised in subsequent updates. Treat the latest data point as directional rather than final.