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Over 2x Difference In Auto Insurance Rates From Highest To Lowest State
Old 03-23-2011, 03:14 PM   #1
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Over 2x Difference In Auto Insurance Rates From Highest To Lowest State

Ranking the Highest and Lowest Auto Insurance Rates by State

Michigan most expensive, while Vermont is least.

Ha
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Old 03-23-2011, 03:23 PM   #2
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When I moved here from South Carolina, my motorcycle insurance quadrupled.
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Old 03-23-2011, 03:48 PM   #3
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Makes me happy to live in Ohio - the 46th most expensive state. Strange that I could move 3 miles north into Michigan and multiply my insurance rates by 2.5 times

Actually my car insurance for all 4 of our cars is around $1,100 for a year, so I'm very happy with that deal. Of course they are all older cars (LBYM FTW!) so that's a lot of the reason they are so cheap to insure.

By the way, the math in the article is way off - Vermont is not 87% cheaper than MI like it states - more like 60%.
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Old 03-23-2011, 04:51 PM   #4
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I think the Michigan number is skewed by Detroit city rates. I pay about $500/ year for full coverage here on the prairie.
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Old 03-23-2011, 05:09 PM   #5
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I wonder just how accurate it is as MN #22 is rated more expensive than AZ #41. I have vehicles in both states and MN is cheaper by far.
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Old 03-24-2011, 12:44 PM   #6
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Michigan resident here,,,

For my 20 year old daughter; liability insurance only will cost her about $100 bucks a month on a 15 year old POS.

for me and DW we pay about $120 a month for 2 newer cars with full coverage and 1 "kid' car with liability only.
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Old 03-24-2011, 02:46 PM   #7
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I'm astounded NY was ranked # 21. Ever drive in Noo Yawk City ?
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Old 03-24-2011, 03:03 PM   #8
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Often the difference is based on the urbanization of some states on average. For example, my auto premiums went down by nearly 40% when we moved out of Houston and into the semi-rural Hill Country in the central part of the state (with no changes in coverage). States that are mostly urban would tend to have higher rates, among other factors.
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Old 03-24-2011, 03:27 PM   #9
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Where you live in Minnesota makes a huge difference in rates.

If you are in a Minneapolis zip code, car insurance is extremely high, while it is much lower if you live in a suburb or outstate.

I was quoted a price of roughly $200/month for minimum liability on an 84 Honda Civic when I graduated from college in 1995 (under 25 male, but no accidents). It was about $75/month in Wisconsin, and ended up being about $100/month when I later moved to the suburbs.

Everyone I knew who had a car in college left it registered at their parents' homes.

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Originally Posted by check6 View Post
I wonder just how accurate it is as MN #22 is rated more expensive than AZ #41. I have vehicles in both states and MN is cheaper by far.
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