What are the cheapest states for car insurance?

FREE Car Insurance Comparison

 Secured with SHA-256 Encryption

Compare quotes from the top car insurance companies and save!

In a nutshell...
  • Many industry reports are commissioned and used solely to forecast the risk of drivers
  • To avoid a trial by jury, many settlements are reported just under $50,000
  • Car insurance premiums are based on risk calculation

The car insurance industry is full of data, and there is little wonder why almost all actuary jobs are in the insurance industry.

Whether its statistics about why women drivers are lower risk than males or why texting while driving positively increases the risk of a car accident, mathematicians earn big bucks for compiling and analyzing data all year around.

Enter your zip code above to get FREE car insurance quotes today!

The Cheapest States for Car Insurance

Many industry reports are commissioned and used solely to forecast the risk of drivers filing a future claim for calculating car insurance premiums.

Some of the results offer a great insight to consumers searching for cheap car insurance rates. One of the most popular reasonable car insurance reports is published annually by Insure.com.

The company ranks States in order of the average cost of car insurance premiums to come up with a ranking of the most expensive state to insure a vehicle.

The Cheapest States for Car Insurance

StateAverage Car Insurance Rates
Maine$902.85
Vermont$968.58
Ohio$999.86
Wisconsin$1,010.93
New Hampshire$1,011.23
Iowa$1,039.04
Massachusetts$1,043.80
North Carolina$1,130.45
Arizona$1,152.50
Tennessee$1,170.12

 

Louisiana and Michigan topped the list as the most expensive States for car insurance with average premiums exceeding $2,000 while more big states such as Florida, New York, and New Jersey came close to the national average car insurance rates of $1,429.26.

Drivers can save $859/yr* by comparing car insurance

*based on a survey of 1,000 car insurance customers

 Secured with SHA-256 Encryption

Why is car insurance cheap in some states than others?

Car insurance premiums are based on risk calculation, and while no single factor will provide a reason why some states are more expensive to insure a vehicle than others, it’s essential to understand average car insurance rates.

For example, in Louisiana car insurance companies settle more than almost any state since any claims exceeding $50,000 are sent to a jury trial.

To avoid a trial by jury, many settlements are reported just under $50,000, and lawyers know this action seeking damages from all car insurance companies whenever a car accident happens.

How do I get cheap car insurance quotes?

As mentioned above its extremely important to understand the average cost of car insurance in your state and armed with this knowledge you will be able to determine whether or not you are getting cheap car insurance quotes.

However, the idea behind car insurance coverage is to have sufficient coverage so premiums should only play one part of your decision-making process.

Learn about the types of coverage, policy limits and all the details of any policy before engaging in a relationship with a car insurance company.

Enter your zip code below to get FREE car insurance quotes today!

Start Saving on Car Insurance!

Enter your zip code below to compare rates from the top companies in your area

 Secured with SHA-256 Encryption

[0-9]
[0-9]