You’re casually talking about life with your buddy who lives in another state. The topic of car insurance somehow pops up, and you discuss your rates. You notice that he has significantly higher premiums than you. Why? It could be that he lives in one of the states with the highest car insurance rates.
Many people don’t realize that car insurance rates vary by state and city. If you’re considering relocating to a new place for school or your job, be sure to keep the following information in mind.
States With the Highest Car Insurance Rates
Michigan and Montana are the states with the highest car insurance rates, followed by Georgia, Wyoming and Oklahoma.
Not interested in paying more than you have to? You may want to head to Hawaii, New York, Vermont, New Hampshire or Ohio. Each of those five states has the lowest insurance rates, although the cost of living in some parts of New York and all of Hawaii is notoriously high.
Cities With the Highest Car Insurance Rates
Want to pinpoint your location a little more and be a bit exacting when comparing apples-to-apples? Some cities across the United States have extremely high car insurance rates, even if their state average is lower.
For instance, New York City is one of the biggies on charts. Not only is insurance going to be high, but the general cost of owning a vehicle in Manhattan can be cost-prohibitive. Other major cities follow suit, including Boston, San Francisco and Chicago.
In Pennsylvania, cities in and around the Philadelphia suburbs are the most expensive in terms of car insurance rates. The least expensive rates can be found in smaller boroughs and locations, such as Lebanon, York and —perhaps surprisingly because of the bustling Pennsylvania State University – University Park Campus — State College.
Do Any States Not Require Car Insurance?
Most of the contiguous states require car insurance, but there are exceptions. In New Hampshire, you can go legally without auto insurance. The same holds true for Wisconsin drivers. With that being said, it’s terribly risky to go without any kind of vehicular insurance. If you get into any kind of accident, you’ll be on your own without any liability coverage.
For more information on the best car insurance rates for you and your family, stop by a local, independent insurance agent for a confidential discussion about the best rates possible. Even if you already have car insurance, it never hurts to get a second opinion. You may be surprised to learn that your current car insurance coverage isn’t as comprehensive as you thought.
