Kids & Family
Here's How To Save On Car Insurance, As Rates Continue To Rise
Aaron Sorenson said that the number of claims, whether they involve car thefts or hail, can affect certain policies state-by-state.
January 9, 2025
ANOKA, Minn. — The cost of car insurance increased substantially in 2024, and premiums are set to rise for the seventh straight year.
Find out what's happening in Across Minnesotafor free with the latest updates from Patch.
"The last year has been the craziest year we've ever seen, just because of the rise in both auto and home insurance," said Aaron Sorenson, executive vice president at Insurance Brokers of Minnesota, a brokerage that helps Minnesotans shop for carriers.
He says the state's 55% year-over-year rise in rates goes beyond inflation. Auto thefts, an increase in the severity of crashes and severe weather were among the factors.
Find out what's happening in Across Minnesotafor free with the latest updates from Patch.
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