Car Insurance Costs Spike 42% for D.C.-Area Drivers, Outpacing National Average

Drivers in Washington D.C. and surrounding areas are facing a significant increase in the cost of car insurance, with a 42% jump in annual premiums according to a recent study by Bankrate. This rise is much higher than the national average, signaling a potential financial burden for car owners in the region. Nationally, the average annual premium for car insurance has increased by 26% in 2024 to reach $2,543, as reported by Bankrate. In the …

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