Michigan falls to 4th place among states with most expensive auto insurance

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The state held the most expensive spot for years and is now falling in the ranks toward affordability. Michigan has fallen to fourth place in the ranking of states with the most expensive auto insurance in the country, according to a report newly released by Insure.com. The report is released annually and provides an examination of car coverage rates. Fourth place is a considerable improvement for Michigan, which long held onto the most expensive spot in the US. This change in rank shows that there are now three states that…

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Most expensive auto insurance sold in Michigan and Louisiana

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While Michigan’s rank at the top hasn’t changed, Louisiana has climbed back up after having fallen. Expensive auto insurance has become a way of life in certain states, and for Michigan drivers that way of life is more costly than any other state. Similarly, Louisiana, which had been dropping in the ranks among the most costly to purchase coverage, is back in second place. There are many reasons that contributed to a state-wide trend of higher insurance rates than the rest of the country. In Michigan’s case, the reason remains…

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