{"id":122,"date":"2010-03-24T20:56:17","date_gmt":"2010-03-25T04:56:17","guid":{"rendered":"http:\/\/www.carinsurancelist.com\/blog\/?p=122"},"modified":"2010-03-24T20:56:17","modified_gmt":"2010-03-25T04:56:17","slug":"colorado-median-insurance-rate-decreases-while-national-median-increases","status":"publish","type":"post","link":"https:\/\/www.carinsurancelist.com\/blog\/2010\/03\/colorado-median-insurance-rate-decreases-while-national-median-increases\/","title":{"rendered":"Colorado Median Insurance Rate Decreases while National Median Increases"},"content":{"rendered":"<p><a href=\"http:\/\/www.insweb.com\">InsuranceWeb<\/a> is reporting a favorable change to auto insurance premiums in Colorado: according to their sources, the medium six month car insurance rate in the that state has decreased to $816, which represents a three percent drop over the last six months. <\/p>\n<p>As with most states, there are different insurance trends for different segments of the Colorado population. These include:<\/p>\n<ul>\n<li>Colorado men pay roughly 8% more than Colorado women.<\/li>\n<li>Colorado drivers under the age of 19 pay rates over 100% higher than those between the ages of 60 and 74.<\/li>\n<\/ul>\n<p>The rate decrease in Colorado is especially significant in light of the national median rate <em>increase<\/em> of roughly the same amount &#8211; 3% &#8211; over the same six-month period. <\/p>\n<p>Colorado is currently #24 in the &#8220;affordability factor&#8221; ranking of state insurance premium averages. In other words, a household in that state where earned income is the median annual income of $47,158, and the insurance premium paid is also the median $816 is paying roughly 3.5% of it&#8217;s gross income for auto insurance. Using this formula, Massachusetts is the most affordable, with a factor of 2.0%, while Louisiana, where the median amount of gross income spent on car insurance is 7.6 percent, is the most expensive. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>InsuranceWeb is reporting a favorable change to auto insurance premiums in Colorado: according to their sources, the medium six month car insurance rate in the that state has decreased to<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,51,11],"tags":[381,369],"class_list":["post-122","post","type-post","status-publish","format-standard","hentry","category-car-insurance","category-colorado-car-insurance","category-rate-watch","tag-colorado-car-insurance","tag-rate-watch","cat-1-id","cat-51-id","cat-11-id"],"_links":{"self":[{"href":"https:\/\/www.carinsurancelist.com\/blog\/wp-json\/wp\/v2\/posts\/122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.carinsurancelist.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.carinsurancelist.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.carinsurancelist.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.carinsurancelist.com\/blog\/wp-json\/wp\/v2\/comments?post=122"}],"version-history":[{"count":1,"href":"https:\/\/www.carinsurancelist.com\/blog\/wp-json\/wp\/v2\/posts\/122\/revisions"}],"predecessor-version":[{"id":123,"href":"https:\/\/www.carinsurancelist.com\/blog\/wp-json\/wp\/v2\/posts\/122\/revisions\/123"}],"wp:attachment":[{"href":"https:\/\/www.carinsurancelist.com\/blog\/wp-json\/wp\/v2\/media?parent=122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.carinsurancelist.com\/blog\/wp-json\/wp\/v2\/categories?post=122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.carinsurancelist.com\/blog\/wp-json\/wp\/v2\/tags?post=122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}