The state that enjoyed the largest decrease in average insurance rates over the past year was Michigan at 18.

Auto insurance rates by state 2020. Average Cost Of Car Insurance Rates By State Insurantly Car Insurance Rates by State 2020 The state with the cheapest car insurance rate is Maine with average car insurance rates of 7416mo. 52 rows There are many different factors that impact your car insurance rate. Original visualization Data set on dataworld Viz Review Webinar.

The states with the most affordable car insurance rates are Ohio New Hampshire and North Carolina. State average premiums range from 2878 in the most expensive state to 912 in the cheapest state. For a middle-of-the-road full coverage policy youll pay around 420 per month if youre a teen and 170 if.

Drivers there pay the highest car insurance rates in the country. Car insurance in High Point costs an average of 434 per year for minimum coverage and 1271 for complete coverage. Published by Statista Research Department Jul 1 2021.

The 2020 study found a nationwide annual average premium of 1517 up 4 from 2019. Car insurance is required to protect your financial obligations in the event that you are involved in a car accident. On the other end of the scale residents of Florida can expect to pay more than 2500 for full coverage.

Auto Insurance Rates by State in 2020. Car insurance costs have steadily increased in the US. In 2020 there were 8878 car accidents in High Point North Carolina.

It averaged rates in each state for the cheapest-to-insure 2020 model-year versions of Americas 20 best-selling vehicles as of Jan. Average car insurance rates by age can vary widely. State required minimum coverage ticked up just 4 while standard liability limits rose 16.