:max_bytes(150000):strip_icc()/GettyImages-1252669860-a38c6ca9213a4b139700976e321744f2.jpg?w=1920&resize=1920,1267&ssl=1 "Are Personal Injury Attorneys To Blame?")
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According to the April 2025 Consumer Price Index (CPI), in the last one year, car insurance price has increased by 6.4%. This growth is a continuity of increase in the price seen in the last several years. Personal injury is one of an upper rapidly expensive premium -related factors in litigation.
key takeaways
- Car insurance rates are expected to increase by 7.5% in 2025.
- The litigation can increase the cost of insurers and the premium of the drivers.
- Other factors, such as risky driving behavior, claim severity and inflation, are also affecting auto insurance premiums.
- Consumers can navigate the current environment in search of ways to cut their auto insurance costs.
Growing car insurance rates
Car insurance rates are increasing every month since December 2021. The increase in pricing in recent years has slowed down to some extent, but it has not stopped. According to the price penguin, in 2023, they increased 12%, and in 2024, they increased 16.5%.
The upward trend is expected to continue with an anticipated increase of 7.5%in 2025. The rising car insurance premium can make the cost of owning a car, especially if funded with auto loan, all more expensive.
Trial and insurance premium
A study commissioned by Lexyxis Risk Solutions found that 85% of the contenders were contacted by a lawyer after involving the car accident. More than half of those who decide to hire a lawyer ended with a high settlement amount.
Marketing strategy, including hoardings and television advertisements, has been linked to increase in matters of product liability and personal injury.
Third-party litigation can increase costs for insurers who have to pay for legal expenses and potentially high settlements. And these costs turn into high premiums for consumers.
Other factors behind Udaya
While litigation is a role to play a role in premium prices, it is part of a large convergence of factors. Car insurance prices are also being increased:
- Risky driving behavior: Risk driving behavior is a frequent concern. Violations of driving under distracted driving and effects are increasing, leading to insurers to increase their pricing.
- Increase in severity of claim: The severity of auto insurance claims has increased since the Kovid epidemic, adding the costs of the insurers.
- Repair cost increase: Material and labor are becoming more expensive, which in turn affects premiums.
Bottom line
Most factors, including litigation activity, are out of the control of individual driver leading to increase car insurance rates. Consumers can ask for discounts for insurance policies and their responsible driving habits. And they can shop around to get the best possible rate.
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