EPISODE · Jun 23, 2026 · 1 MIN
Car Insurance Costs Soar to Record Highs
from Madison News Today | 2 Min News | The Daily News Now!
Car insurance premiums just hit a record high—up $3,000 this year, averaging nearly $22,000 for full coverage—thanks to skyrocketing repair costs and a shortage of used car parts. With insurers paying more per claim, especially for totaled vehicles now averaging over $5,000 more than before, drivers are feeling the squeeze. Newer cars cost the most to insure, while older ones remain cheaper—but with supply chain woes and economic pressures, rates aren’t slowing anytime soon. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/25c64504c4dccf76
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Car Insurance Costs Soar to Record Highs
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