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New Study Ranks Auto Premiums by State

by Precise Leads

January 28, 2019

A recent study by Insure.com listed the average auto insurance premiums by state. Once again Michigan tops the list at an average premium of $2239, 64% more than the national average. Rounding out the most expensive states are Louisiana, Florida, Rhode Island and Connecticut. The least expensive state is Vermont followed by Ohio, Idaho, Virginia and Iowa.

The study was conducted using a 40 year old male with good credit and a clean driving record searching for full coverage. Six carriers (GEICO, State Farm, Farmers, Allstate, Progressive and Nationwide) were sampled in 10 zip codes per state. The study used average rates from the 20 top selling vehicles in the first half of 2018.

Many factors affect auto insurance premiums. Location makes a big difference, as carriers have data to back up which locations are more accident prone. Some locations are affected by weather, be it blizzards or hurricanes. Some states have laws that require more coverage. For instance Michigan has a no-fault insurance system that drives rates up. Other factors affecting rates include gender (women are safer drivers), type of car, and obviously credit and driving history.

Here is the full list starting with the most expensive states.

Ranking   State  Average Premium
1 Michigan  $2,239
2 Louisiana  $2,126
3 Florida  $2,050
4 Rhode Island  $1,852
5 Connecticut  $1,831
6 DC  $1,827
7 California  $1,731
8 Georgia  $1,668
9 Delaware  $1,646
10  Texas  $1,589
11  Colorado  $1,547
12  Wyoming  $1,544
13  Oklahoma  $1,531
14  Kentucky  $1,525
15  Arkansas  $1,503
16  Nevada  $1,485
17  Montana  $1,446
18  Maryland  $1,439
19  Mississippi  $1,410
20  West Virginia  $1,408
21  New Jersey  $1,383
22  New York  $1,361
23  Arizona  $1,355
24  New Mexico  $1,352
25  Kansas  $1,332
26  South Carolina  $1,327
27  Washington  $1,309
28  Missouri  $1,256
29  Oregon  $1,250
30  Alabama  $1,235
31  Hawaii  $1,229
32  Illinois  $1,223
33  Minnesota  $1,215
34  Nebraska  $1,214
35  South Dakota  $1,213
36  Tennessee  $1,211
37  Alaska  $1,200
38  Maine  $1,176
39  Massachusetts  $1,176
40  Utah  $1,131
41  Pennsylvania  $1,130
42  North Carolina  $1,104
43  Indiana  $1,091
44  North Dakota  $1,086
45  Wisconsin  $1,084
46  New Hampshire  $1,039
47  Iowa  $1,025
48  Virginia  $1,013
49  Idaho  $989
50  Ohio  $944
51  Vermont  $932
   National Average  $1,365

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