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Survey Shows the Average Car Insurance Costs in the 50 States

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Survey Shows the Average Car Insurance Costs in the 50 States

Monday, April 12, 2010

The folks over from Kicking Tires have posted an interesting survey said to be commissioned by an insurance-related website called "Insure" that shows the average cost of rates in the 50 states from the country's top six insurers.

According to the website, data was collected from drivers of 2,400 vehicles and sourced from 10 ZIP codes per state. Of course, different states have different standards and policies, meaning that some of the information positively and negatively skewed (hey, nothing's perfect).

Interesting fact of the day: "One of the reasons Louisiana's rates are higher on average is because only cases with claims exceeding $50,000 receive a jury trial. This means more cases are settled out of court, which leads to higher accident settlements and higher insurance costs."

That explains Louisiana's average cost being highest nationwide, at a whopping $2,510.87. Living in South Carolina (with an average cost of $1,182.18) doesn't sound too shabby anymore.

For reference, the national average is $1,429.26.

By Phil Alex

Via: Kicking Tires

The Most and Least Expensive States for Car Insurance in 2010

Rank, State, Average Premium

1 Louisiana $2,510.87

2 Michigan $2,098.29

3 Oklahoma $1,869.39

4 Montana $1,857.96

5 California $1,774.41

6 South Dakota $1,772.83

7 Washington, D.C. $1,753.19

8 Georgia $1,751.42

9 Illinois $1,679.15

10 Connecticut $1,678.90

11 Arkansas $1,648.80

12 New Mexico $1,603.65

13 Rhode Island $1,595.97

14 West Virginia $1,589.69

15 Alaska $1,572.21

16 Wyoming $1,552.98

17 Maryland $1,550.13

18 Kansas $1,524.51

19 Kentucky $1,515.30

20 Colorado $1,480.97

21 Mississippi $1,474.94

22 New Jersey $1,473.73

23 New York $1,463.21

24 Texas $1,462.65

25 Florida $1,453.20

National $1,429.26

26 Pennsylvania $1,420.78

27 Delaware $1,405.80

28 Missouri $1,390.59

29 Minnesota $1,381.09

30 Alabama $1,380.38

31 North Dakota $1,365.22

32 Hawaii $1,306.97

33 Indiana $1,302.51

34 Nevada $1,282.50

35 Washington $1,279.84

36 Utah $1,234.30

37 Virginia $1,233.36

38 Nebraska $1,210.74

39 Oregon $1,194.69

40 Idaho $1,183.47

41 South Carolina $1,182.18

42 Tennessee $1,170.12

43 Arizona $1,152.50

44 North Carolina $1,130.45

45 Massachusetts $1,043.80

46 Iowa $1,039.04

47 New Hampshire $1,011.23

48 Wisconsin $1,010.93

49 Ohio $999.86

50 Vermont $968.58

51 Maine $902.85

link:

http://carscoop.blogspot.com/2010/04/survey-shows-average-car-insurance.html

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I'd like to see how Canada compares. I'm a 26-year-old with no accidents or tickets on my record (anymore), a 5-year-old car that's probably only worth $3k, and I'm somewhere between Louisiana and Michigan.

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This is very interesting.

No surprises in that California is in the top 5 and that OR/WA are in the lower 1/3.

However, Montana is a big surprise. So is Georgia...does the ATL metro area pull it up for the whole state? If so, then why is TX not higher, with Houston being a hectic place to drive on their crowded freeways and 45 mph arterials?

The oddities must lie in the sample with 10 zip codes. I don't think that's very reliable. But, nevertheless, the patterns are as expected.

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Massachusetts is 45th? :confused0071:

I second that thought. Funny, I lived in MA for years and my monthly payment for basic liability was around $250. Then I moved to New Hampshire and it immediately dropped to $96 for the same coverage with the same carrier on the same vehicle with the same driving record.

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So is Georgia...does the ATL metro area pull it up for the whole state? If so, then why is TX not higher, with Houston being a hectic place to drive on their crowded freeways and 45 mph arterials?

Atlanta's metro is over half the population of the state. Houston, although being the largest Texas city, isn't the largest metro (Dallas-Fort Worth is).

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Soucre: CITY TV

It may be a little old but not much has changed

2005 average earned premium by province:

British Columbia: $1,404

Ontario: $1,347

Saskatchewan: $1,197

Manitoba: $1,152

New Brunswick: $1,044

Alberta: $1,036

Quebec: $988

Newfoundland: $947

Nova Scotia: $871

Prince Edward Island; $825

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Mine is less then that "43 Arizona $1,152.50" by more then 3 hundred

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2005 average earned premium by province:

British Columbia: $1,404

Ontario: $1,347

Saskatchewan: $1,197

Manitoba: $1,152

New Brunswick: $1,044

Alberta: $1,036

Quebec: $988

Newfoundland: $947

Nova Scotia: $871

Prince Edward Island; $825

BC insurance is altogether more expensive than I figured it would be with the ICBC they have there... but to put things in perspective I pay a premium of 4200$ for full coverage on my Impala.

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>>"22 New Jersey $1,473.73"<<

As the most densely-populated state, I'm amazed NJ is not in the top 5.

We had some degree of insurance 'reform' a few years ago, brought things down some.

My Co is privately-owned- my truck is over $600 less than the average...

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Atlanta's metro is over half the population of the state. Houston, although being the largest Texas city, isn't the largest metro (Dallas-Fort Worth is).

Just by coincidence, I was looking at metro area populations with a coworker who also likes these statistics toward the end of last week. I looked up US metro area populations on wiki. It was an eye-opener to find out that the DFW metro area is the FOURTH largest in the U.S., with over 6 million people. Houston metro is about 5+ million, right at about the size of ATL's.

ATL metro (very generously defined by a ridiculous number of counties) has over 5 million. I think most practical people define metro ATL as the 5 counties that "pie slice" out from the Perimeter (I-285), which would be Fulton, Cobb, Dekalb, Gwinnett and Clayton, and which amount to 3.5 million. Incidentally, ATL just overtook Boston metro and is now the 9th largest in America.

I remember auto insurance in ATL as being cheaper than LA's, but not necessarily cheap.

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Just by coincidence, I was looking at metro area populations with a coworker who also likes these statistics toward the end of last week. I looked up US metro area populations on wiki. It was an eye-opener to find out that the DFW metro area is the FOURTH largest in the U.S., with over 6 million people. Houston metro is about 5+ million, right at about the size of ATL's.

ATL metro (very generously defined by a ridiculous number of counties) has over 5 million. I think most practical people define metro ATL as the 5 counties that "pie slice" out from the Perimeter (I-285), which would be Fulton, Cobb, Dekalb, Gwinnett and Clayton, and which amount to 3.5 million. Incidentally, ATL just overtook Boston metro and is now the 9th largest in America.

I remember auto insurance in ATL as being cheaper than LA's, but not necessarily cheap.

Hey, another population geek. :)

I'd say that those five counties in GA (Fulton, Cobb, Gwinnett, DeKalb, and Clayton) are definitely the core of metro Atlanta. But these days I'd include Rockdale, Douglas, Coweta, and Henry as they're taking on the sprawl as well. All the other counties are defined as part of the metro mainly because they play home to a multitude of people who commute to Atlanta (or the other four counties you mentioned).

I'm getting ready to move to Athens, and its car insurance is MUCH lower than it is for metro Baltimore, where I live now.

Just like Washington, DC's metro includes locales in West Virginia. Probably due to the MARC service all the way out to Martinsburg, which is nowhere remotely near DC itself...

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