Car Insurance Rates By State 2020
Car insurance rates by state are often different by hundreds if not thousands of dollars.
Car insurance rates by state 2020 - For instance drivers in no fault states such as michigan and florida often pay more for insurance than do drivers in. The best massachusetts car insurance companies 2020. This is now the seventh year in a row and ninth time in the past 11 years that the wolverine state has won this dubious honor.
4 486 7 9 of income. Remember that this rate will vary. Visualizing car insurance rate by state in 2020 if you own a car then your insurance bill is no doubt part of your budget.
The state s average premium is nearly 3 000. To help you get a better sense of what to expect moneygeek collected approximate costs from some of the best known insurance agencies in the state. Your state s car insurance minimum requirements and laws will have a major affect on your rates.
By mark vallet updated on april 13 2020. If l ow liability limits are a big part of louisiana s pricy insurance costs michigan has the opposite problem. Michigan 2 484 louisiana 2 190 florida 1 823 connecticut 1 771 new york 1 759 kentucky 1 752 nevada 1 746 rhode island 1 688 delaware 1 646 oklahoma 1 643 car insurance rates by state 2020.
State car insurance rates id has the cheapest car insurance rates at 56 66 mo or 680 yr. Rates can vary by several hundred dollars depending on where you live and it turns out the difference between full and minimal coverage makes a big difference too. Connecticut drivers pay an average of 891 for the minimum required state insurance and 2 036 for full coverage.
Car insurance rates are on the rise for about 5 6 million drivers across the united states in the first half of 2020 according to data gathered by s p financial services. How where you live impacts auto insurance rates one of the primary factors used in car insurance pricing is location. La has the most expensive car insurance rates at 117 08 mo or 1 405 yr.
Car insurance rates by state 2020. Car insurance rates by state 2020 edition. Michigan once again topped the list for expensive car insurance.
The state most widely. Average car insurance rates by state may vary based on legal regulations and insurance companies efforts to price accurately based on these differences. The state requires drivers to carry.
Here are the 10 states with the highest car insurance rates.