Like everything else these days, car insurance rates are on the rise.
According to the United States Department of Labor, rates are up 20.6% over last year. When compared to 2021, they're up over 50%.
In California, a Forbes Advisor's analysis revealed drivers pay an average of $2,061 per year for full coverage.
“Our latest data says that Californians pay about 20.7% more than the national average, said David Straughan, the senior automotive journalist for consumer site, Market Watch Guides.
Straughan says the hike is linked to various factors.
Among them, cars are more expensive, that includes for repairs on those that have advanced technology and intricate parts.
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