Dropping comprehensive and collision coverage can cut costs — but is it an option for you? And should you do it?

KEY TAKEAWAYS Motor vehicle insurance increased by more than 2% in January and is more than double what it cost before the COVID-19 pandemic.Most American drivers say these prices are unaffordable, and many are going without insurance or reducing their coverage.

Car insurance rates are rising again in 2025 and some states are worse off.The yearly cost for full-coverage auto insurance is expected to rise an aver

Costlier cars or auto parts can increase claims costs, which take time to filter through to car-insurance rates.