Which cities have the highest car insurance rates?
Detroit has the most-expensive ZIP code for auto insurance in the U.S. in 2022, followed by New York, NY and New Orleans, LA. For the cheapest car insurance, consumers in Put In Bay, Ohio can get the best rates in the country, followed by Boise City, Idaho, and Presque Isle, Maine.
Which state has the highest car insurance rates?
Florida is the most expensive state for car insurance with average auto premiums of $2,560 per year – which is about 23% increase in rates from 2021, according to an Insure.com 2022 analysis. Notably, drivers in no-fault states such as Florida and Michigan pay more for auto insurance than drivers in other states.
Why is Michigan highest car insurance?
Because Michigan is a no-fault state, drivers must have personal injury protection (PIP) coverage, which covers financial losses regardless of who is at fault in an accident. This additional required coverage is one of the main reasons insurance premiums in the state are so high.
Is car insurance more in NYC?
The average cost of car insurance in New York is $2,996 per year for full coverage, making New York one of the most expensive states to purchase car insurance.