Florida now tops the list for the most expensive auto insurance rates in the country

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According to a new Coverage.com study, Floridian drivers pay the most in the US for policies. Florida motorists are now the drivers who pay the most for their auto insurance policies every year, according to a recent study. Residents in the state pay an average of $2,600 per year for a year of coverage, more than any other state. Comparatively, the state with the most affordable auto insurance was Maine, where the average driver paid $831 per year. Based on data from The Zebra, an independent comparison website for insurers…

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Auto insurance in Maine is among the most affordable in the US

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A recent NAIC report has shown that the state has some of the lowest rates in the country. Eric Cioppa, the Insurance Superintendant for Maine, has announced that two reports released by the National Association of Insurance Commissioners (NAIC) have shown that the state’s auto insurance affordability has improved when compared to other states in the country. It indicated that drivers in Maine are now in one of the top ten most affordable states. This means that the auto insurance costs within Maine are considered to be within the top…

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Ranking the states by the cost of auto insurance coverage

According to the Insure.com study results, which have only just been released, Louisiana is the state in which it is most expensive to insure a vehicle in the entire country, whereas Maine enjoys the lowest insurance rates in the U.S. The average annual cost of insuring a car in Louisiana is $2,536, whereas in Maine the average cost is only $889. The issues that have been driving the rates higher in many states includes the insurance laws within those states, larger numbers of drivers without insurance, the number of different…

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