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We have bad news for people who live in one of the 15 states listed below. Your insurance premiums are slated to rise during the first half of 2020, so you might want to pay close attention to your insurance policy for any changes.
Auto insurance rates are currently on the rise for a good 5.6 million drivers across the United States, especially for those who live in one of the following states:
The average rate increase will be: 6.94%
Number of policyholders affected will be: 93,903
The average rate increase will be: 6.28%
Number of policyholders affected will be: 104,210
The average rate increase will be: 4.46%
Number of policyholders affected will be: 113,799
The average rate increase will be: 6.88%
Number of policyholders affected will be: 128,399
The average rate increase will be: 3.73%
Number of policyholders affected will be: 132,601
The average rate increase will be: 8.23%
Number of policyholders affected will be: 138,063
The average rate increase will be: 5.68%
Number of policyholders affected will be: 152,962
The average rate increase will be: 4.10%
Number of policyholders affected will be: 202,389
The average rate increase will be: 5.51%
Number of policyholders affected will be: 223,368
The average rate increase will be: 3.91%
Number of policyholders affected will be: 274,771
The average rate increase will be: 5.30%
Number of policyholders affected will be: 452,741
The average rate increase will be: 5.31%
Number of policyholders affected will be: 500,857
The average rate increase will be: 3.56%
Number of policyholders affected will be: 578,994
The average rate increase will be: 4.02%
Number of policyholders affected will be: 678,278
The average rate increase will be: 6.74%
Number of policyholders affected will be: 1,284,303
This information was gathered by Business Insider from S&P Global Marketing Intelligence and the National Association of Insurance Commissioners. The information came from over 1,100 rate change filings from companies located across the United States.
The 15 states are ranked totaling the average of all proposed rate increases in each state and the number of policyholders whose rates will increase in 2020.
