Auto insurance rates are still highest in Michigan

August 3, 2012April 30, 2013

Drivers in some states are paying far more than those in others. Motorists living in Michigan are still having to pay the largest auto insurance premiums in the country when compared to the average rates seen among the rest of the states. This amount was calculated in terms of the percentage of the driver’s annual income. Michigan residents were the people who pay the largest amount of their income toward covering their auto insurance payments. In fact, the average household pours 8 percent of their annual income into their premiums.…

Research ranks auto insurance premiums by state and finds uninsured increase costs

January 7, 2012 Julie Campbell

An online survey conducted by Insure.com, has shown that drivers in Louisiana, Michigan, and Oklahoma pay highest premiums for auto insurance in the country. On the flip side, Vermont had the lowest car insurance rates, according to the same survey. The findings were based on the rates paid every year by single males who are 40 years old and who commute 12 miles every day to work. This profile would generate a rate of $995 in Vermont, but was much higher in some other states. For example, the same person…