The Zebra’s annual report explores rates across all 34,000 U.S. zip codes and over the past 8 years to identify trends and critical factors impacting rate changes, and what that means for the 250 million U.S. drivers in 2019.
Car insurance rates are higher than they’ve ever been. The national average annual premium is $1,470
— 23% higher than in 2011.
The most expensive cars to insure
1 Audi R8 $4,102
2 BMW i8 $4,032
3 Dodge Viper $3,921
4 Nissan GT-R $3,865
5 Porsche 911 $3,403
Today, getting caught texting or otherwise using your phone while driving will raise your insurance premium 20% ($289) – and in some states more than 50%. This marks a notable increase in the penalty for distracted driving as just three years ago, the penalty for a DUI was more than 40 times what itwas for distracted driving, despite the evidence that the behaviors were similarly dangerous.
Rideshare coverage raises car insurance rates by 13%.
More populated cities with higher instances of traffic congestion, crime, and uninsured drivers often have
·· The U.S. population is up more than 5% since 2011, with populations in the top metro areas growing even faster.
·· Vehicle theft has risen steadily in the past five years — up more than 7% since 2013.
·· Even though drivers are legally required to have auto insurance virtually everywhere in the U.S., more than 12%
of Americans are driving uninsured.
Some U.S. cities have average rates of more than $6,000 per year.
Over these years, some states’ rates increased nearly 80%, and others as little as 1%.
In the same time, 10 states saw a net rate decrease by as much as 20%.
Rate changes from year to year were as high as 45% in certain states.
In 2019, more insurance companies are adopting technologies to monitor driver behavior, which has the potential to benefit safe drivers and provide extensive data about driving trends.
Distracted drivers are starting to pay the price for their dangerous behaviors on their insurance premiums.
Newer car models with modern anti-theft and safety technology may reduce theft and collisions, but insurance companies offer few, if any, discounts for having these features in your car.
The Zebra’s 2019 State of Auto Insurance Report comprises analysis of more than 61 million unique auto insurance rates from The Zebra’s proprietary quote engine. The Zebra research team explored auto insurance pricing data from 2011 to 2018 across all United States zip codes for a base driver profile representative of an average insured: a 30-year-old single male driving a 2014 Honda Accord EX. For more details on methodology, download The Zebra’s 2019 State of Auto Insurance Report.
Read full report.