After three years of relentless rate hikes, drivers are catching a break. Jerry’s data show that car insurance quotes are falling year-over-year for many of the 50 most-quoted vehicle models, including the Toyota Camry, Tesla Model Y and Jeep Grand Cherokee. The model-by-model breakdown is below.
Jerry pulls up to 20 quotes from top rated carriers.
How much car insurance dropped for the 50 most-quoted models
The following table shows the changes in full coverage quotes and many cars are cheaper to insure in 2026 than over the same period last year. The biggest year-over-year drops are at the top of the table.
Full coverage quotes for 50 models
Jerry compared full-coverage quotes issued January 1 through today against the same window in 2025, filtered to a single driver profile for apples-to-apples comparison: ages 35–44, clean record, Standard-tier full coverage (50/100 bodily injury, comprehensive, collision, UM/UIM, rental, roadside), model year 2016+. Figures reflect Jerry’s most recent snapshot and refresh multiple times a week. The 50 vehicles shown are the most-quoted models in the current YTD window.
State minimum coverage trends for 50 models
State minimum coverage tells a more mixed story. Some models still post meaningful year-over-year decreases, while others have actually risen. The table below applies the same comparison — current YTD vs prior-year YTD — to the most-quoted models for drivers buying state minimum coverage only.
Jerry compared state minimum quotes issued January 1 through today against the same window in 2025, filtered to a single driver profile for apples-to-apples comparison: ages 35–44, clean record, model year 2016+. Figures reflect Jerry’s most recent snapshot and refresh multiple times a week. The 50 vehicles shown are the most-quoted models in the current YTD window.
What this means for your renewal
The premium decreases visible in the tables above don’t automatically mean your renewal bill will drop. Insurance companies set rates based on dozens of factors specific to you; your ZIP code, age, vehicle, claims history, credit-based insurance score (where allowed) and the carrier itself all matter, and any one of them can move your rate in either direction.
But the broader trend points to one clear takeaway: now is a great time to compare quotes through Jerry. If your insurer hiked your rate during the 2022 to 2024 hard market and has not lowered it since, the average car insurance cost data suggests you may find a better price somewhere else. The same goes for drivers who have moved, switched cars or added a driver since their last shop.
Softening base rates also create room to upgrade coverage without raising your bill. It’s worth reviewing how much car insurance you actually need; raising your liability limits from 50/100 to 100/300 is often cheaper than drivers expect, especially when the market is easing.
Key takeaway: Market-wide rates are easing, but your renewal may not reflect it. Comparing quotes at renewal is the most reliable way to capture broader rate drops.
FAQ
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Will my insurance bill actually go down because of this trend?
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Are Teslas still more expensive to insure than gas cars?
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Which cars have seen the biggest changes?
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Which car is the cheapest to insure?
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How often should I reshop my car insurance?
Xuyun Zeng is a writer and editor with a wide-ranging content background including tech, journalism, cars and health care. After graduating with highest honors in journalism, Xuyun led a newspaper to win eight awards, helped start an award-winning film industry podcast and has written over a hundred articles about cars repair, state laws and insurance. Prior to joining Jerry, Xuyun worked as a freelance SEO consultant with a mission to create the best content that will help readers and grow organic traffic.
Stephanie Colestock is a professional writer, CFEI®, and licensed insurance agent specializing in personal finance. With over 14 years of experience, she crafts insightful and accessible content on a wide range of financial topics, including insurance, loans, credit/debt, investing, retirement planning, and banking.
Her bylines appear in top-tier publications such as TIME, Fortune, MSN, Business Insider, USA Today, Money, Fox Business, and CBS. Stephanie’s deep understanding of complex financial concepts and her ability to communicate them clearly have made her a trusted voice in the industry.
When she’s not writing, Stephanie enjoys SCUBA diving, reading a good book, and traveling the world with her family.
