Is Auto Insurance Rates By State
Auto insurance fraud is also a persistent problem in new york.
Is auto insurance rates by state. See car insurance rates by zip code plus state laws. The reasons for this is tricky to answer. Auto insurance rates by state. Call us toll free.
It s another heavily urban state and rates are particularly high in brooklyn and the bronx. However for the fifth year in a row michigan has ranked as the most expensive. Colorado has seen the highest year over year rate increase at 19 and montana saw the greatest decrease of 21. The findings laid out in detail in the company s state of auto insurance report reveal that auto insurance premiums have reached an all time high and are up a whopping 20 from 2011.
In the past year car insurance rates have risen across 41 states including washington dc and fallen in just ten states. How where you live impacts auto insurance rates one of the primary factors used in car insurance pricing is location. Yes in las vegas there is a higher amount of accidents and. Average car insurance rates by state may vary based on legal regulations and insurance companies efforts to price accurately based on these differences.
State required insurance minimums can also raise or lower insurance costs. State car insurance rates change dramatically by state and between cities. As an example michigan uses a unique no fault insurance system that in many ways is responsible for its high premiums. States set car insurance regulations and minimum insurance requirements which can have a major impact on the rates paid by residents.
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