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Five most expensive states for car insurance rates. The average American paid $251 per month for car insurance in 2023. But if you live in one of the most expensive states for car insurance, you ...
Premium estimates were based on full-coverage car insurance for a 35-year-old driver with good credit and a clean driving record. Data accurate as of February 2024. Cheap Insurance
Right now, there are 20 states with average annual premiums over $3,000 -- and drivers in one state pay close to double that. This isn't always due to factors that residents can control.
A motor vehicle owner typically pays insurers a monthly or yearly fee, often called an insurance premium. The insurance premium a motor vehicle owner pays is usually determined by a variety of factors including the type of covered vehicle, marital status, credit score, whether the driver rents or owns a home, the age and gender of any covered ...
Drivers could continue to see higher car insurance rates in 2024, ... Their rates are projected to jump 41% to $3,748 by year-end compared with the state's 2023 rates, it noted. The second most ...
In California, the state's largest auto insurance company, State Farm, has the smallest market share compared to any top insurer in other states, holding only 12.06% of the market in the Golden State.
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