The average annual premium is projected to increase 4% to about $3,057 this year.
PUNTA GORDA - OCTOBER 10: In this aerial view, flood waters inundate a neighborhood after Hurricane Milton came ashore on October 10, 2024, in Punta Gorda, Florida. The storm made landfall as a Category 3 hurricane in the Siesta Key area of Florida, causing damage and flooding throughout Central Florida. (Photo by Joe Raedle/Getty Images) Photographer: Joe Raedle/Getty Images
With gas prices climbing due to the Iran War, interest in electrified transportation is on the rise.
A Smart electric vehicle drives through the streets in Montevideo, Uruguay, on Tuesday, Nov. 4, 2025. Battery-powered vehicles make up about a quarter of all new car and SUV sales in Uruguay, thanks to tax exemptions and the cost of filling up at the pump.