If you’ve ever felt that you are paying too much for car insurance, then this information can help.
Check on state averages, as well as the national average, to find out what the going rate should be in your area.
Anyone paying more than $2,500 a year for car insurance should be aware: the national average is only $1,567, with much lower rates in more than half of the United States. The next time you hear a commercial that prompts you to switch insurance brands, maybe you should really consider changing states.
The lowest annual insurance rate average is in Hawaii, whereas the most expensive states, predictably,
are in New England. But before you pack your bags and sail away to Hawaii, consider the state-by-state minimum requirements that are shown above: Hawaii has a 20/40/10 ratio, while Oklahoma and Louisiana are both 10/20/10.
More importantly, the information about pedestrian fatalities reveals that Washington, DC is the most dangerous place to live concerning fatal car crashes, with 3.2 deaths per 100,000 people, and Hawaii is the safest, with just 1.9 fatalities per year.
Before you fall for one of those cute car insurance advertisements with geckos, ducks, and Flo, make sure you do your homework, and know the averages for your state. It could save you a lot of money!
Written by guest contributor Stephen Cline.