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Average Pet Insurance Rates as of February 2025 | Insurify

Securing pet insurance for a cat remains the more affordable option, as the average rate for cat insurance is nearly half the rate for canines, according to Insurify data. In February 2025, the average monthly rate for cats was $24 per month nationwide, while dogs came in at $45. Average

Does Car Insurance in No-Fault States Cost More? | Insurify

Lawmakers in the 1970s designed no-fault insurance laws to lower car insurance premiums by reducing the number of expensive lawsuits to decide fault. But that hasn’t exactly worked, and consumers are paying for it. No-fault systems suffer from patchy insurance laws and low “tort” thresholds, which describe

State Farm’s 22% Emergency Rate Hike Request Gets Pushback from California Regulator | Insurify

State Farm won’t get approval to hike home insurance rates in California by 22% unless it does a better job of demonstrating why it needs the increase. State Farm “has not met its burden” to show why it needs the emergency increase now, California Insurance Commissioner Ricardo Lara said

Could Floridians Vote Their Way to Lower Insurance Rates? | Insurify

Floridians pay the highest home insurance rates in the nation — $10,996 per year, according to Insurify data. And car insurance rates aren’t much better, with the state’s average full-coverage rate amounting to $3,166 per year. That’s the fifth-highest rate in the nation. But

Nevada, Washington, and New York OK’d the Most Auto Insurance Rate Hikes Since 2023 | Insurify

Car insurance rates don’t just rise on their own. Insurers have to ask states for permission to increase rates. And some states approve those requests more frequently than others. Regulators in Nevada, Washington, and New York approved the largest total amount of auto insurance rate increases over the last

10 States Where Tornadoes Increased the Most Over the Past 3 Years | Insurify

Spring 2024 was one of the most active tornado seasons on record, with four tornado outbreaks each causing more than $1 billion in damage.[1] Unusually warm temperatures have fueled more storm systems, which frequently develop into tornadoes.[2] Homeowners in high-risk states have seen premiums rise in response,

Why ‘Social Inflation’ Is Boosting Bodily Injury Claims and What Insurers Must Do Next | Insurify

The number of car accidents and basic insurance claims has been falling in recent years. But one type of car insurance claim is moving in the opposite direction: bodily injury. Government regulators and insurance industry groups say the number of property damage, collision, and personal injury protection (PIP) claims has