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The state with the highest auto insurance rates in the US is… – Insurance Business

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Auto insurance rates across the US continue to rise, and one state continues to pay the steepest premiums, a new report from The Zebra has found.

The insurance comparison site carried out a survey of 73 million rates in 2019, and found that the state of Michigan – already infamous in past years for its high rates – had average annual auto insurance rates of $3,096. This represented a 7.3% increase from 2018’s average, and a 39.5% increase over 2011.

Read more: Bill could bar Michigan auto insurers from using non-driving factors

By comparison, the national average annual auto insurance rate in the US is $1,548. Michigan’s rates are so high, that they are three times higher than the average in Maine or North Carolina – the two states with the lowest rates in America.

Within Michigan, Detroit pays the highest average annual auto insurance rates of any city in the state – at a staggering $6,280.

Read more: Michigan’s landmark auto insurance reform bill is signed into law

Last year, Michigan Governor Gretchen Whitmer signed into law a new system that is hoped to lower the…



Read More: https://www.insurancebusinessmag.com/us/news/breaking-news/the-state-with-the-highest-auto-insurance-rates-in-the-us-is-210821.aspx

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Source: https://www.insurancebusinessmag.com/us/news/breaking-news/the-state-with-the-highest-auto-insurance-rates-in-the-us-is-210821.aspx

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