2016 Car Insurance Rates Rankings by State

2016 Car Insurance Rates Rankings by State

2016 Car Insurance Rates Rankings by State car insurance Vehicle insurance

The state with the most expensive car insurance premiums in 2016 goes to Michigan, they bag the top spot for third year in a row in the Insure.com’s 2016 state-by-state comparison of auto insurance premiums. Michigan average car insurance premiums is at $2738.
The 2nd spot goes to Montana at $2297, while New Jersey is in third with $1905.

Florida is the 8th spot they are paying an average of $1,654 annually for insurance, $329 higher than the nationwide average of $1,325.

Maine grabbed the No. 1 spot for the cheapest car insurance at $808 annually.

The rates are based on the average for the 20 best-selling vehicles in the U.S. in order to present more accurate rates for the average driver, without high-end sports or luxury cars skewing the data.


National average     $1325
1     Michigan     $2738
2     Montana     $2297
3     New Jersey     $1905
4     Louisiana     $1842
5     Oklahoma     $1778
6     DC             $1773
7     California     $1752
8     Florida     $1654
9     Maryland     $1610
10     Rhode Island     $1608
11     Delaware     $1607
12     Georgia     $1559
13     Texas             $1510
14     West Virginia     $1456
15     Wyoming     $1421
16     Colorado     $1393
17     Connecticut     $1367
18     South Carolina     $1353
19     Arkansas     $1345
20     Alabama     $1337
21     Massachusetts     $1325
22     Pennsylvania     $1305
23     Kentucky     $1295
24     New Mexico     $1277
25     Mississippi     $1277
26     Oregon             $1267
27     Minnesota     $1257
28     Nevada             $1221
29     North Dakota     $1200
30     Nebraska     $1188
31     Arizona     $1188
32     South Dakota     $1168
33     Washington     $1168
34     Tennessee     $1145
35     Kansas             $1135
36     Indiana     $1113
37     Alaska             $1078
38     Utah             $1061
39     Missouri     $1056
40     New York     $1050
41     Hawaii       $1049
42     Illinois     $1035
43     Virginia     $1020
44     Iowa        $989
45     North Carolina     $987
46     Vermont     $942
47     New Hampshire     $941
48     Idaho       $935
49     Wisconsin     $912
50     Ohio        $900
51     Maine       $808

Vehicle insurance

Vehicle insurance

auto insurance quotes instant auto insurance Vehicle insurance

Vehicle insurance (GAP insurance / motor insurance / auto insurance / GAP insurance / car insurance) - are insurance for cars, motorcycles, trucks, bus, and other vehicles used for roads. Insurance are purchased to provide financial protection against damages and bodily injuries resulting from traffic accidents and collisions.

It is a form of risk management primarily used to hedge against the risk of a contingent, uncertainty loss.

Terms of vehicle insurance differ from every region depending on legal regulations. Vehicle insurance may also include theft of the vehicle, and other damages sustained from things other than traffic collisions like floods, storm surges water damage, etc.

Vehicle insurance can cover some or all of the following items:

•     The insured party (medical payments)
•     The insured vehicle (physical damage)
•     Third parties (car and people, property damage and bodily injury)
•     Third party, fire and theft
•     In some jurisdictions coverage for injuries to persons riding in the insured vehicle is available   without regard to fault in the auto accident (No Fault Auto Insurance)
•     The cost to rent a vehicle if yours is damaged.
•     The cost to tow your vehicle to a repair facility.

Policies should specify each item that is covered. For instance, car insurance can be insured against fire damage, accident damage, theft, or flood damages independently.

You can check online for insurance quotes depending on the car and place of residence it can go from $450 to $1000 per year.

Insurance quotes for vehicles in the U.S. are determined by the insurance companies like
GEICO, Progressive, Allstate, State Farm etc. The sum of annual payment is calculated according to complex scheme of points and bonuses, discounting the car cost and insurance driver's history for the past year.

The lowest insurance package will cover only a part of damage in a claim, the rest of the expenses will be covered by the driver.

The minimum insurance package does not cover a lot of things like legal defense and court costs and haulage of crashed cars.