Average U.S. car insurance rates remain steady amid market volatility

Car insurance rates in the United States remained stable in April, despite ongoing market fluctuations and concerns about tariffs. According to Insurify data, the national average rate for full-coverage car insurance saw a slight decrease from $196 per month to $195 per month. Meanwhile, the national average liability rate stayed consistent at $105 per month by the end of April.

In Washington, D.C., full-coverage rates continued to rise, reaching $345 per month, up from $338 the previous month.

Insurance rates vary significantly based on location due to factors such as exposure to extreme weather, repair costs, traffic congestion, and vehicle crime rates. While most states experienced minor changes of only a few dollars or less in their rates, some areas like Washington, D.C., New York, Connecticut, and Nevada saw more substantial increases. Conversely, Delaware and Arkansas experienced notable decreases in their insurance rates.

Insurify provided a breakdown of monthly averages for full and liability coverage across different states. For instance:

- National: Full Coverage - $195; Liability - $105

- Alabama: Full Coverage - $142; Liability - $61

- Arizona: Full Coverage - $171; Liability - $93

New York maintained its position as the most expensive area for car insurance in April. Washington, D.C., Maryland, Connecticut, and Nevada also ranked among the highest-cost locations.

Conversely, North Carolina was identified as having the lowest car insurance rates with both liability and full-coverage premiums well below national averages. Other states with low rates included New Hampshire and Wyoming.

Several factors influence car insurance premiums including driving history, age, gender, location of residence or driving activity, credit history, vehicle make/model/usage/equipment features like safety aids (e.g., lane keeping assist), type/limits/deductibles chosen under policies affecting overall costs incurred annually by insured parties respectively.

To save on car insurance costs drivers can adopt various strategies such as maintaining safe driving habits (avoiding speeding/hard braking), seeking available discounts offered by insurers (e.g., good student/multi-car), opting for higher deductibles reducing collision/comprehensive components within policies adjusted accordingly whilst ensuring adequate protection remains intact financially via appropriate coverage levels obtained through comparative shopping across multiple companies during renewal periods undertaken regularly thereafter too.