The Top 10 Most and Least Expensive Car Insurance Rates by State

There’s good news and bad news for drivers under the age of 25. The good news first: your youth and inexperience isn’t the only factor that insurance companies look at when pricing your car insurance policy. The bad news: where you live figures heavily into your ability to obtain the lowest car insurance possible. In other words, the pain doesn’t necessarily end when you hit the ripe old age of 25. Check below to see how your current hometown ranks in the top 10 list of most and least expensive car insurance rates by state.

Most Expensive States for Used and New Car Insurance
1. Louisiana: $2510.87 per year (average)
2. Michigan: $2098.29 per year (average)
3. Oklahoma: $1869.39 per year (average)
4. Montana: $1857.96 per year (average)
5. California: $1774.41 per year (average)
6. South Dakota: $1722.83 per year (average)
7. Washington, D.C.: $1753.19 per year (average)
8. Georgia: $1751.42 per year (average)
9. Illinois: $1679.15 per year (average)
10. Connecticut: $1678.90 per year (average)

Least Expensive States for Used and New Car Insurance
1. Maine: $902.85 per year (average)
2. Vermont: $968.58 per year (average)
3. Ohio: $999.86 per year (average)
4. Wisconsin: $1010.93 per year (average)
5. New Hampshire: $1011.23 per year (average)
6. Iowa: $1039.04 per year (average)
7. Massachusetts: $1043.80 per year (average)
8. North Carolina: $1130.45 per year (average)
9. Arizona: $1152.50 per year (average)
10. Tennessee: $1170.12 per year (average)

Factors like population, traffic congestion, road conditions and medical coverage laws all factor into these rates. If you live in one of the more expensive states, try your hand at finding discount car insurance by comparing instant insurance quotes from at least four companies. Shopping around could significantly decrease the amount of money you pay out on premiums.