Cambridge Mobile’s purchase means the combined company will provide telematics services to 21 of the U.S.’s 25 largest auto insurers. Photo: Lane Turner/Boston Globe/Getty Images ...

Car insurance prices have jumped nearly 15%, with premiums exceeding an average of roughly $2,000 annually, a recent analysis shows. Florida motorists reportedly saw the steepest increase.

Car insurance rates are expected to increase by 8.4% across the U.S. in 2023, ... you have more accidents and a higher volume of claims and that raises insurance rates," Sangam told ABC News.