Car Insurance Rates Hold Steady at $187 Monthly
Insurify reports the national average full-coverage rate stayed flat in October 2026 while 32 states are projected to see increases.
Updated on Nov. 5, 2026 in Insurance
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The national average full-coverage car insurance rate held at $187 per month through October 2026, according to Insurify. Liability-only coverage averaged $99 per month over the same period.
Why it matters
Stable averages follow a first half of 2026 that saw rates hold or slightly decline, but Insurify projects increases in 32 states by year's end. Drivers in states with rising premiums face higher monthly costs even as the national figure remains unchanged.
Full-coverage premiums averaged $187 monthly and liability-only premiums averaged $99 monthly nationally through October 2026, with Connecticut up 10% and Kentucky up 7% so far this year. Insurify's averages reflect two-year rolling medians for most states and one-year medians for liability-only figures in nine named states.
The players
Insurify
Insurify is a car insurance comparison platform whose proprietary database of more than 250 million rates underpins the state and national premium averages reported here.
The details
Insurify calculated the averages from more than 250 million rates in its database, using quotes from 50-plus partner insurers in all 50 states and Washington, D.C. Maryland and Rhode Island rank as the most expensive states for car insurance, while New Hampshire is the most affordable and the only state without a mandatory minimum liability requirement.
Timeline
First half of 2026: Car insurance rates held steady or slightly decreased nationally.
October 2026: The national full-coverage average held at $187 per month.
Nov. 1, 2026: Monthly national averages were measured.
Final months of 2026: Insurify projects rate increases in 32 states.
End of 2026: Insurify projects decreases in New Mexico, Arkansas, Minnesota and Colorado.
Market Dynamics
Insurify's data shows rates holding steady nationally in the first half of 2026 and then projected to rise in 32 states before year's end. Insurers have sought substantial rate-increase approvals and deprioritized writing new policies amid rapidly rising costs, which helps explain the shift from flat averages to projected state increases.
Drivers in Connecticut and Kentucky, where rates have already risen 10% and 7%, face higher monthly premiums this year. Drivers in New Mexico may see a projected 3% decrease, and those comparing quotes should check their state's trend before renewing.
The takeaway
Compare quotes before renewing, since state-level rates are moving in different directions even as the national average holds steady. Check your state's projected trend and review your coverage levels to avoid paying for more protection than you need.
What happens next
Insurify projects rate increases in 32 states during the final months of 2026, with Connecticut expected to rise 4% and New Mexico to fall 3% by year's end.
Further reading
Explore more on Insurance for context on how premiums are set and what drives state-level differences.
Source note: This article includes information reported by Daily Journal.
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