May 22, 2018. Source: kieferpix / iStock Car insurance premiums have risen sharply in recent years, increasing by 33% between 2010 and 2016.
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Car insurance premiums have risen sharply in recent years, increasing by 33% between 2010 and 2016. And if owners are also paying off a car loan, insurance premiums, which well exceed $1,000 annually in most states, can be a substantial burden. The amount a typical American pays for car insurance.
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