Auto insurance prices are now at their highest levels since the recession, with the average premium for a new vehicle currently set to reach $2,000 in the US, with rates rising steadily.
The latest figures from Auto Insurance Research, which tracks prices in Canada, showed the average Canadian car insurance premium is now $2.14, up from $2 on March 28.
Insurance quotes on the continent have also jumped sharply, with prices climbing for the top four cities, as well as some smaller cities.
New York is now the most expensive place to insure with a premium of $4,000, followed by Paris, which is at $2 a week, and then Chicago, which at $1.70 a week.
Average prices in New York and Paris are now well above $2 million, and Chicago has risen to $2m, according to the research.
New Jersey, where insurers are offering more generous policies, is at its lowest point in six years.
Average insurance premiums in the United Kingdom are at their lowest level in five years, with premiums up slightly in the past week.
The US average for auto insurance premiums is now at $3,849 a year.
Average car insurance quotes in the UK are now $3.40 a week higher than the US average.
Average premium prices in the Netherlands are at the lowest levels since 2011.
Car insurance premiums have risen steadily in the U.S. for the past few years, and they now average $1,700 a year for new cars and up to $4 for newer models.
But the number of new auto insurance policies in the country has plummeted since 2011, to just over 50,000 as the recession began.
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