Auto insurance premiums depend on many different factors, such as your driving history, the type of vehicle you have, your age and even your credit. Insurance premiums also vary depending on where you live, as certain areas have higher levels of risk and higher costs of living.
Insurance coverage in the state of Louisiana is extremely expensive, averaging $2,699 a year. Those seeking insurance in the state can game the system by purchasing a particularly inexpensive car to insure, such as the Jeep Patriot Sport. Michigan is similarly very expensive, as is Georgia, Oklahoma and Washington, D.C.
The least expensive states in which to insure a car are New Hampshire, Ohio, North Carolina, Iowa and Maine, with Maine being the cheapest at a mere $934 a year. With variation of almost 300%, geography seems to matter with automobile insurance more than many other factors. Most of the variation is due to the habits of the drivers within the state: Louisiana drivers are more likely to file bodily injury claims than residents of many other states.
For more information about the price of auto insurance, and to get a quote, contact the insurance experts at Mike Leonard Insurance Agency in Carrollton, Texas.