Insurance Premium Rate Changes for 2023

The final unsubsidized 2023 insurance premiums are in. The average increase across the country is 6.2%; all but two states have increases coming into 2023. For a full breakdown of what these premiums mean, read, “10 States With the Highest Premium Rate Changes for 2023.” See below for the complete list of rate increases, organized alphabetically by state.

Alabama - 0.42%Alaska - 19.05%Arizona - 4.31%Arkansas - 5.91%California - 5.60%Colorado - 10.40%Connecticut - 12.88%Delaware - 5.50%District of Columbia - 13.56%Florida - 7.20%Georgia - 10.06%Hawaii - 2.00%Idaho - -3.59%Illinois - 7.14%Indiana - 5.70%Iowa - 2.30%Kansas - 7.20%Kentucky - 5.77%

Louisiana - 2.51%Maine - 11.35%Maryland - 6.59%Massachusetts - 9.26%Michigan - 5.50%Minnesota - 1.48%Mississippi - 5.26%Missouri - 10.95%Montana - 9.57%Nebraska - 0.40%Nevada - 9.20%New Hampshire - 4.80%New Jersey - 8.80%New Mexico - 11.26%New York - 9.70%North Carolina - 7.93%North Dakota - 4.41%Ohio - 6.85%Oklahoma - 9.47%Oregon - 6.71%Pennsylvania - 5.53%Rhode Island - 6.13%South Carolina - 7.32%South Dakota - 11.37%Tennessee - 8.50%Texas - 3.83%Utah - 5.97%Vermont - 15.16%Virginia - -12.88%Washington - 8.18%West Virginia - 5.01%Wisconsin - 7.65%Wyoming - 18.49%

Interested in more exclusive content? Check out the Mployer Advisor blog or read, "$100B of Inflation-Driven Insurance Premiums Have Not Hit-Yet."