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Car insurance rates up 55% in Minnesota? New report says it's the highest increase in the country [View all]
Car insurance rates up 55% in Minnesota? New report says it's the highest increase in the country
These days it seems like everything is becoming more expensive.
So, it may not come as a surprise that a new report shows car insurance rates are going up, but it may be surprising that Minnesota is seeing the highest rate increase in the country.
The report released by Insurify suggests car insurance rates in Minnesota have gone up by 55% this year, the highest increase in the nation.
Their data suggests the average comprehensive insurance plan in Minnesota costs around $2,315, up from $1,492 last June. Insurify believes the price will increase even further to an average of $2,597 by the end of the year.
Aaron Cocking with the Insurance Federation of Minnesota was shocked when he first read the report.
“We got calls from a lot of people who wondered, 'Does this look right?'” Cocking said.
https://www.kare11.com/article/news/local/breaking-the-news/car-insurance-rates-up-55-in-minnesota/89-07fd7aaf-5695-42a2-8a5a-87a5110af50f
These days it seems like everything is becoming more expensive.
So, it may not come as a surprise that a new report shows car insurance rates are going up, but it may be surprising that Minnesota is seeing the highest rate increase in the country.
The report released by Insurify suggests car insurance rates in Minnesota have gone up by 55% this year, the highest increase in the nation.
Their data suggests the average comprehensive insurance plan in Minnesota costs around $2,315, up from $1,492 last June. Insurify believes the price will increase even further to an average of $2,597 by the end of the year.
Aaron Cocking with the Insurance Federation of Minnesota was shocked when he first read the report.
“We got calls from a lot of people who wondered, 'Does this look right?'” Cocking said.
Sometimes it's not good to be #1
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