In over 15 years car insurance rates in the state of Nebraska have jumped well over 110%. Although this may seem gradual, the reality is rates aren’t slowing down any time soon.
In other Midwestern states like South Dakota a jump of over 100% in the same time-frame was seen, and with 101% – same with Wyoming.
Is it just that the Midwest is catching up to the East and the West Coast with car insurance prices? Maybe cities are getting bigger, cars are getting more expensive and drivers aren’t driving any better? Probably a good mix of the three.¬¨‚Ć Even though during the same 15 year time-span states like California didn’t have car insurance rates rising at the same rate – it’s more to do with managing the rate increases in insurance companies that do business in that state to stop already high rates from becoming even higher.
