According to the U.S. Bureau of Labor Statistics, prices for motor vehicle insurance are 121.25% higher in 2026 versus 2012 (a $606.24 difference in value).
Between 2012 and 2026:Car insurance experienced an average inflation rate of 5.84% per year. This rate of change indicates significant inflation. In other words, car insurance costing $500 in the year 2012 would cost $1,106.24 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for car insurance was significantly higher.
In the year 2012: Pricing changed by 3.56%, which is below the average yearly change for car insurance during the 2012-2026 time period. Compared to inflation for all items in 2012 (2.07%), inflation for car insurance was higher.
Below are calculations of equivalent buying power for Car insurance, over time, for $500 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2012 | $500.00 | 3.56% |
| 2013 | $521.02 | 4.20% |
| 2014 | $543.16 | 4.25% |
| 2015 | $572.22 | 5.35% |
| 2016 | $607.68 | 6.20% |
| 2017 | $654.59 | 7.72% |
| 2018 | $703.09 | 7.41% |
| 2019 | $709.40 | 0.90% |
| 2020 | $676.60 | -4.62% |
| 2021 | $702.29 | 3.80% |
| 2022 | $757.61 | 7.88% |
| 2023 | $889.50 | 17.41% |
| 2024 | $1,047.39 | 17.75% |
| 2025 | $1,109.47 | 5.93% |
| 2026 | $1,106.24 | -0.29%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Motor vehicle insurance:
| Year | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 11.710 | 13.592 | 15.717 | 14.883 | 14.942 | 17.800 | 20.517 | 20.383 | 19.625 | 19.017 | 20.408 | 23.342 | 24.892 | 25.683 | 25.933 | 25.800 | 26.067 | 26.958 | 29.258 | 32.158 | 33.108 | 33.842 | 36.950 | 42.017 | 46.775 | 46.592 | 45.775 | 45.800 | 48.367 | 62.317 | 69.808 | 71.850 | 75.817 | 82.025 | 85.908 | 91.433 | 100.358 | 108.192 | 119.208 | 135.042 | 146.233 | 156.592 | 166.550 | 177.867 | 191.517 | 205.475 | 216.683 | 224.808 | 234.292 | 243.850 | 251.600 | 254.283 | 253.833 | 256.725 | 268.142 | 291.583 | 314.442 | 323.192 | 329.850 | 331.775 | 333.143 | 341.519 | 356.998 | 375.180 | 388.655 | 402.476 | 419.400 | 437.219 | 460.611 | 489.149 | 526.911 | 565.957 | 571.032 | 544.633 | 565.313 | 609.840 | 716.004 | 843.098 | 893.071 | 890.473 |