(NEXSTAR) – If you like your car insurance company right now, consider yourself lucky.
A combination of multiple factors, including climate-driven natural disasters, inflation and the soaring prices of new cars, among others, is projected to send premiums rocketing higher in 2024, according to a study by online insurance marketplace Insurify.
After rates climbed 15% nationwide in the first half of the year, Insurify projects coverage to spike 22% during 2024, but some states will be hit especially hard…