If you think your auto insurance is expensive, try living in Florida

Floridians have a lot to deal with. The weather, wildlife and other Floridians seem to be lurking around every corner, and auto insurance companies are taking notice. Due to the state’s hurricane risk and other factors, Florida drivers are seeing steep hikes in their car insurance rates, and the shift is showing no signs of letting up. Jalopnik highlighted a report from the Tampa Bay Times that shows how big of a problem there really is.

Some drivers reported auto insurance rates that have nearly doubled in the past few years, and many claim that their insurance payments now exceed their monthly car payments. Nearly all major insurers in the state have followed suit, with some increasing rates multiple times. The insurance industry cites inflation, high labor costs, and a shortage of materials as driving factors for the increases, but Florida also has a high risk of hurricane damage and a large number of uninsured motorists that add to the pile.