Michigan Tops State Rankings for Most Expensive Car Insurance Rates; Maine Is Lowest
According to data analysis by Insure.com,
On the opposite end of the spectrum is
See the full story, including the average insurance rates for every state and the top 20 best-selling vehicles, at Insure.com's Car insurance rates by state, 2017 edition.
Car insurance requirements vary by state, and that's one reason for the differences in rates. Other reasons include state legal systems, how the state is affected by natural disasters, crime rates and the frequency and severity of claims.
Top five most expensive states to insure for 2017 (average rate and how they compare with national average)
See table here (http://www.insure.com/press-room/2017-most-least-car-insurance-rates-by-state.html)
"States with cheaper car insurance rates tend to be more rural regions of the nation," Gusner says. "A higher concentration of motorists in metro areas leads to crashes, claims and thus higher auto insurance rates. Car insurance companies see rural regions with less traffic to be less of risk and, thus, charge less."
Easy-to-use tools with real data
Our interactive map offers motorists an at-a-glance look at state rate information and how each compares to the national average. We also provide a tool for consumers to research nationwide and state car insurance rates for 2017 vehicles - a must when looking to buy a new vehicle.
Methodology
Insure.com commissioned Quadrant Information Services to calculate auto insurance rates from six large carriers (Allstate, Farmers, GEICO, Nationwide,
We averaged rates in each state for the cheapest-to-insure 2017 model-year versions of America's 20 best-selling vehicles for the first quarter of 2017 and ranked each state by that average. These models represent a little over 40 percent of the
Rates are based on full coverage for a single, 40-year-old male who commutes 12 miles to work each day, with policy limits of 100/300/50 (
About Insure.com
Insure.com provides a comprehensive array of information on auto insurance, home insurance, health insurance, and life insurance. The site offers an extensive library of originally authored insurance articles and decision-making tools that are not available from any other single source, including its extensive car insurance discounts tool. For more information, please visit QuinStreet.com.
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