Average Car Insurance Costs By State

The long answer is that the average cost depends on a variety of key factors many of which we ve outlined in the sections below. The average annual cost of car insurance in the united states is 1 416 according to the data in our study. We examined the average cost of car insurance by state to help drivers estimate how much they should be paying for coverage.

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But auto insurance premiums are affected by more than just the state in which you live.

Average car insurance costs by state. Why is nj car insurance so expensive. Car insurance in michigan costs three times more than it does in our cheapest state maine where the average premium is a mere 912 a year. For one it s an urban state with lots of traffic. The average car insurance rate in washington is 1 160 per year 18 7 less than the national average.

Topping our list is new jersey which has the highest average car insurance rates. 4 486 7 9 of income. If you re shopping for car insurance knowing the average cost in your state is a good way to determine how much you can expect to spend. If l ow liability limits are a big part of louisiana s pricy insurance costs michigan has the opposite problem.

More drivers means more accident claims which spikes costs. Car insurance isn t cheap but most states do require drivers to carry a minimum amount of coverage. What is the average car insurance cost by state. The main culprits for high prices in any state are the presence of a no fault insurance system a high population density and frequent car accidents.

In the united states the average cost of full coverage car insurance is 1 555 per year. Generally states that are more urban or have large populations tend to have higher average car insurance costs than rural states. That s the short answer. But other factors come into play too such as car insurance laws.

Michigan is the most expensive with an average yearly premium of 3 466 while maine is the cheapest at 1 062. The most expensive states for car insurance coverage. That s more than 105 every month. Car insurance is affordable in washington.

The top three most expensive states stayed the same compared to last year. After collecting quotes from top insurers across the country we found the average auto insurance rate to be 2 390 per year or 200 per month. However you might pay more or less than the national average depending on your location. Is 1 555 which breaks down to 130 per month.

The state requires drivers to carry. One of the most significant determinants of car insurance prices is your home state. The average cost of full coverage car insurance in the u s.