For a middle-of-the-road full coverage policy youll pay around 420 per month if youre a teen and 170 if.
Auto insurance statistics by state. Comparison of the average cost of auto insurance by state Michigan has the highest rates for auto insurance with drivers paying an average of 5282 a year for minimum coverage. Hover or Click to View National Insurance Data AK AL AR AS AZ CA CO CT DC. 52 rows Florida is the most expensive state for car insurance for two primary reasons.
Maine has the cheapest car insurance at 1062. The least expensive state for full coverage auto insurance is Maine at roughly 589 534 below the national average. 52 rows Car Insurance Rates By State for 2020 with Interactive Map.
Louisiana is now the king of expensive car insurance moving into first place this year as Michigan the most expensive state for seven years in a row slips into second although there is a bit of a technicality. The most expensive state for full coverage auto insurance is Michigan at roughly 4003 over three times the national average of 1265. British Columbia has Canadas most expensive car insurance at more than 1800 on average annually.
Overall in 2019 Michigan remained the state where car insurance is most expensive with an average cost of 3096. Michigans nearly 3000 average car insurance rate leads the nation. Average car insurance rates by age can vary widely.
285 billion The amount the auto industry. Car insurance is required in 49 states. Car Insurance Demographic Statistics According to research demographic characteristics can have an impact on insurance premiums.
For instance the most expensive state for auto insurance in the United States was Michigan. In Michigan the average cost of auto insurance was 5282 US. Auto insurance rates by.