Auto Insurance Getting Cheaper, but Hazards Still Out There
The cost of auto insurance has been going down across the nation, with the average national rate reported by the Insurance Information Institute hitting $785 to 2009. That doesn’t mean every state gets off cheap, however. The top three areas for auto insurance expenditures average more than $1,000 per year. These include Washington, D.C., with an annual average of $1,128; New Jersey, with an annual average of $1,101; and Louisiana with its average yearly auto insurance bill clocking in at $1,099.
The top 10 most expensive places to buy auto insurance each feature annual rates above $900. Numbers four through 10 on the most expensive list are New York with an annual $1,057; Delaware with $1,021; Florida with $1,006; Rhode Island with $969; Connecticut with $952; Nevada with $944 and Maryland with $929.
High-Risk Deer Collision States
Auto insurance rates always depend on the type of coverage you receive, and certain states should look into specialized coverage for specific hazards. One of these hazards is hitting a deer. While the national average of hitting a deer is 1 in 929.65, the odds increase to as low as 1 in 52.8 in West Virginia. The other 16 high-risk states are Arkansas, Iowa, Maryland, Michigan, Minnesota, Montana, Nebraska, North Carolina, North Dakota, Ohio, Pennsylvania, South Carolina, South Dakota, Virginia, Wisconsin and Wyoming.