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Highest Auto Insurance Rates by State

Car insurance rates are higher than they've ever been. According to the 2019 State of Auto Insurance Report conducted by The Zebra, the national average annual premium Americans pay for car insurance is $1,470, which is 23% higher than in 2011.

Car insurance rates are rising for 184 million U.S. drivers. That means 83% or about four in every five, drivers will see a spike in their insurance rates.

So why are rates changing? In short, when risks change, rates change. The insurance industry is all about risk. The prices you pay for your car insurance takes into account risks that have to do not only with the driver and the vehicle but also the national and local environmental risks and regulations.

Here we will break down car insurance by states and see which states currently charge the highest premiums to insure your vehicle, as well as the state that offers the lowest insurance rates for its residents.
 

Auto Insurance Rates by State

In the past year, car insurance rates have risen across 41 states (including Washington, DC) and fallen in just ten states. Colorado has seen the highest year-over-year rate increase at 19% and Montana saw the greatest decrease of 21%. However, for the fifth year in a row, Michigan has ranked as the most expensive state for car insurance.

According to a study conducted by Insure.com, the average car insurance premium in the state of Michigan hit $2,239 in 2018, which is $769 or 52% higher than the national average premium of $1,470.

Louisiana followed closely behind Michigan with an average car insurance premium that is 56% higher than the national average premium. Rhode Island, Florida, and Nevada ranked as the third, fourth, and fifth states with highest car insurance.

On the opposite end of the spectrum, Maine came in as the least expensive state for car insurance, with an average insurance premium that is $574 less than the national average premium. In Maine, the average policy costs just $896.
 

Most Expensive States for Car Insurance

The state with the highest rates is Michigan, the nation’s auto capital. The state with the lowest average rates? Maine. 

Here is the full breakdown of the eight highest auto insurance rates by state:

Rank

State

Average Premium

 

National Average

$1,470

1

Michigan

$2,693

2

Louisiana

$2,339

3

Rhode Island

$2,110

4

Florida

$2,059

5

Nevada

$1,915

6

Kentucky

$1,898

7

Delaware

$1,828

8

Texas

$1,827

 

The states with the most affordable car insurance rates are Maine, Virginia, and North Carolina. Each of these East Coast states boast average annual auto insurance rates of less than $1,000.
Least Expensive States for Car Insurance.

Here is a breakdown of the least expensive states for car insurance:
 

Rank

State

Average premiums

 

National Average

$1,470

1

Maine

$896

2

Virginia

$918

3

North Carolina

$947

4

Iowa

$988

5

Idaho

$1,018

 

Factors That Affect Your Car Insurance Rates

Regardless of where you live, car insurance companies take a look at many factors to determine how much risk they'll face when insuring you. A “risk” in the car insurance industry refers to the likelihood of your provider paying out a claim on your behalf.

Here are a few risk factors that can affect your car insurance rates:

Age and gender. Generally, females get lower premiums than males due to statistics that suggest that females have fewer auto accidents. Experience also pays off: Older drivers are more likely have lower premiums than younger drivers. Teens are statistically more likely to get in accidents and file claims than any other age group due to their lack of driving experience and because of this, they pay the highest car insurance rates of anyone.

Location of your car. Aside from the state you live in, the details of where your car is located is taken into account; including area crime rates, if your car is kept in a garage, and claim rates for your city all have an impact on your premium.

Driving record. A history of auto accidents and driving violations could take a big toll on how much you’re required to pay for car insurance. The best thing you can do is to keep a clean driving record.

Your car type. If you’re driving a minivan, your insurance rates will likely be lower than a sports car, for example. Below you will find a compiled list of the top five most and least expensive cars to insure. 

 

Rank

Most Expensive

Average Premium

1

Audi R8

$4,102

2

BMW i8

$4,032

3

Dodge Viper

3,921

4

Nissan GT-R

$3,865

5

Porsche 911

$3,403

 

Rank

Least Expensive

Average Premium

1

Subaru Outback

$1,392

2

Chevy Colorado

$1,414

3

Ford Escape

$1,438

4

Fiat 500X

$1,441

5

Subaru Crosstreck

$1,446

We all know that being out on the road has its risks, and it is impossible to prepare for the many unexpected hazards that may arise. That’s why Illinois Vehicle Auto Insurance offers a variety of options to our customers when it comes to insurance coverage. We want to make sure that you not only understand what you are paying for, but why you are paying for it.

If you need help with insuring your vehicle at the best prices available in your state, you can get a free online quote at any time! 

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