Most and Least Expensive States to Insure a Car

Posted & filed under Car Insurance, Rate Watch.

Well, the numbers are in for 2010 and it looks like the most expensive place to insure a car is Louisiana and the least expensive is Maine. According to a story by Stephen Markley in the Miami Herald, here’s how it stacks up in descending order by average premium:

1. Louisiana $2,510.87
2. Michigan $2,098.29
3. Oklahoma $1,869.39
4. Montana $1,857.96
5. California $1,774.41
6. South Dakota $1,772.83
7. Washington, D.C. $1,753.19
8. Georgia $1,751.42
9. Illinois $1,679.15
10. Connecticut $1,678.90
11. Arkansas $1,648.80
12. New Mexico $1,603.65
13. Rhode Island $1,595.97
14. West Virginia $1,589.69
15. Alaska $1,572.21
16. Wyoming $1,552.98
17. Maryland $1,550.13
18. Kansas $1,524.51
19. Kentucky $1,515.30
20. Colorado $1,480.97
21. Mississippi $1,474.94
22. New Jersey $1,473.73
23. New York $1,463.21
24. Texas $1,462.65
25. Florida $1,453.20
26. Pennsylvania $1,420.78
27. Delaware $1,405.80
28. Missouri $1,390.59
29. Minnesota $1,381.09
30. Alabama $1,380.38
31. North Dakota $1,365.22
32. Hawaii $1,306.97
33. Indiana $1,302.51
34. Nevada $1,282.50
35. Washington $1,279.84
36. Utah $1,234.30
37. Virginia $1,233.36
38. Nebraska $1,210.74
39. Oregon $1,194.69
40. Idaho $1,183.47
41. South Carolina $1,182.18
42. Tennessee $1,170.12
43. Arizona $1,152.50
44. North Carolina $1,130.45
45. Massachusetts $1,043.80
46. Iowa $1,039.04
47. New Hampshire $1,011.23
48. Wisconsin $1,010.93
49. Ohio $999.86
50. Vermont $968.58
51. Maine $902.85

Drivers in all these states would be well advised to get a better understanding of how their premiums are calculated — a better option than moving! Even in the states toward the end of the list there are many options other than raising your deductible to lower your payments. Maybe just seeing where your state falls in comparison to the rest of the nation will motivate you to do the most important thing — pay attention to your car insurance! Don’t just let it sit there wasting your hard-earned dough.

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