California auto insurance set to rise by 54%, new report says

By the end of the year, the typical auto insurance policy in California will reportedly be 54% more expensive than last year.

According to a new report published by insurance tracker Insurify , the cost of full coverage across the U.S. increased by 28% between June 2023 and June 2024 - but some states, including California, are seeing year-over-year rate hikes of more than 50%.

Here are some key details:

Avg. annual cost of full coverage (June 2023): $1,666

The jump is due to increasing claims, storm damages, and costly repairs.

To read the full report, click here .