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Average Car Insurance Cost 2026: Latest NAIC 2024 Data (Updated From the 2022 Report)

By AutoInsuranceBundle.pro · Published November 5, 2026 · Reviewed November 5, 2026

Short answer: The average U.S. auto insurance expenditure was $1,431.63 per insured vehicle in 2024, up 11.71% from $1,281.61 in 2023, according to the NAIC 2024 Auto Insurance Database Average Premium Supplement (published September 2026). 2024 is the latest year in NAIC data. The median state spent $1,231.

⬇ Download the free PDF (average car insurance cost by state) 3-page PDF with all 50 states and DC, 2022-2024, and how to cite

What changed vs the NAIC 2022 report

Old column: NAIC 2022 supplement, Table 4. Latest column: NAIC 2024 supplement, Table 4. Changes are our arithmetic. Every state is in our free PDF.

The newer report also revises earlier years: it lists the 2022 U.S. average as $1,124.61 and 2023 as $1,281.61.

Key statistics

• The average U.S. driver spent $1,431.63 per insured vehicle in 2024 (NAIC 2024 supplement).
• That is 11.71% more than $1,281.61 in 2023.
• The combined average premium for liability, collision and comprehensive rose 12.12% to $1,612.81.
• The median state average expenditure was $1,231.
• The five most expensive in 2024 were Florida ($2,017.97), New York ($1,980.93), Louisiana ($1,880.42), Washington, DC ($1,840.36) and Georgia ($1,757.98).
• The cheapest were North Dakota ($907.25), Maine ($934.54), Hawaii ($934.69), Vermont ($941.63) and Idaho ($955.98).
• Texas averaged $1,578.45, up from $1,428.94 in 2023.
• Average expenditure rose in every state and DC from 2023 to 2024.
• From 2020 to 2024, the U.S. average rose from $1,047.75 to $1,431.63.

What the NAIC numbers mean, and what they do not

Average expenditure is total written premium for liability, collision and comprehensive divided by liability written car-years. It is not a quote. Drivers who carry only liability pay less, and drivers with full coverage on newer cars often pay more.

The NAIC cautions that state results reflect different laws, traffic conditions, coverage choices and demographics, so direct state comparisons need care. Its data also lags, so 2024 is the latest year available. Prices for 2026 policies are likely different.

For your own policy, the useful comparison is your premium against current quotes for the same coverage.

FAQ

What is the average cost of car insurance in the U.S.?

According to the NAIC, the average expenditure was $1,431.63 per insured vehicle in 2024, the latest year available.

Where does the $1,126 figure come from?

It is the 2022 average from an older NAIC report. The NAIC has since published 2023 ($1,281.61) and 2024 ($1,431.63) figures.

Which state has the most expensive car insurance?

Florida, at $2,017.97 average expenditure in 2024.

Which state has the cheapest car insurance?

North Dakota, at $907.25 in 2024.

How much is car insurance in Texas?

The NAIC puts the Texas average expenditure at $1,578.45 in 2024, about 10% above the national average.

Why is NAIC data two years old?

The NAIC compiles premium and exposure data reported by insurers after each year closes, so the report for a given year comes out much later.

Is the average expenditure what I should expect to pay?

No. It is an average across all policies and coverage levels. Your price depends on your car, driving record, location, coverage and insurer.

Does a state with more crash deaths always cost more?

No. Accident rates are one factor among many. Mississippi had the highest crash death rate per person in 2024, but its 2024 average expenditure ($1,314.59) was below the national average.

Where can I download these numbers?

Download our average car insurance cost by state PDF, or the US Car Accident Statistics 2026 PDF report.

Important: This article is general information, not legal, tax, or insurance advice, and coverage rules vary by state, insurer, and policy. AutoInsuranceBundle.pro is a free, independent insurance comparison and referral service. We are not an insurance company, we do not issue policies, and we do not provide insurance advice. Calls to the number on this site are routed to licensed insurance agents or agencies in our partner network, who may receive compensation. Calling is completely voluntary and there is no obligation to buy. Rates, discounts, and availability vary by carrier, state, and individual eligibility; not all carriers, products, or discounts are available in all states. Calls may be recorded for quality and compliance purposes.