What Americans spend on car insurance in every state, ranked from lowest to highest

Advertisement
What Americans spend on car insurance in every state, ranked from lowest to highest

4 Idaho shutterstock_519006598

Shutterstock

Car insurance rates vary from state to state.

Advertisement
  • If you own a car, purchasing car insurance is inevitable.
  • On average, Americans spend $125 a month, or $1,503 for an annual rate, on car insurance.
  • Various factors can go into the pricing of car insurance including geographical location - making every state's average cost sightly different.
  • Drivers in Michigan spend the most on car insurance, while those in its neighboring state Ohio pay the least.

If you own and operate a vehicle, car insurance is a necessary purchase. On average, Americans spend $125 a month, or $1,503 for an annual rate, on car insurance, according to a study done by ValuePenguin.

Car insurance it not a one-size-fits all purchase. The price of car insurance can vary greatly depending on a number of factors including age, gender, marital status, driving record, years of driving experience, credit history, the type of car you drive, your claims history, and more.

ValuePenguin noted that annual car insurance premiums have been on the rise in a majority of states. In 2014, it was reported that the average annual cost of car insurance was $907.38.

Advertisement

ValuePenguin found out the latest average car insurance rates in each state for both monthly and annual payments.

Below, we've broken down the list and ranked the states from lowest to highest in terms of the average amount spent on car insurance. The ranking is based on each state's monthly average, and annual rates for each state are also listed.

{{}}

51. Ohio: $77 a month

51. Ohio: $77 a month

Average monthly rate: $77

Average annual rate: $926

50. Maine: $80 a month

50. Maine: $80 a month

Average monthly rate: $80

Average annual rate: $964

Advertisement

49. New Hampshire: $82 a month

49. New Hampshire: $82 a month

Average monthly rate: $82

Average annual rate: $983

46. (TIE) Idaho: $88 a month

46. (TIE) Idaho: $88 a month

Average monthly rate: $88

Average annual rate: $1,053

Advertisement

46. (TIE) Iowa: $88 a month

46. (TIE) Iowa: $88 a month

Average monthly rate: $88

Average annual rate: $1,058

46. (TIE) North Carolina: $88 a month

46. (TIE) North Carolina: $88 a month

Average monthly rate: $88

Average annual rate: $1,060

Advertisement

45. Wisconsin: $91 a month

45. Wisconsin: $91 a month

Average monthly rate: $91

Average annual rate: $1,087

44. Virginia: $93 a month

44. Virginia: $93 a month

Average monthly rate: $93

Average annual rate: $1,114

Advertisement

43. Vermont: $96 a month

43. Vermont: $96 a month

Average monthly rate: $96

Average annual rate: $1,149

42. New York: $98 a month

42. New York: $98 a month

Average monthly rate: $98

Average annual rate: $1,173

Advertisement

41. Utah: $99 a month

41. Utah: $99 a month

Average monthly rate: $99

Average annual rate: $1,192

40. Indiana: $100 a month

40. Indiana: $100 a month

Average monthly rate: $100

Average annual rate: $1,202

Advertisement

39. Missouri: $101 a month

39. Missouri: $101 a month

Average monthly rate: $101

Average annual rate: $1,207

38. Arizona: $102 a month

38. Arizona: $102 a month

Average monthly rate: $102

Average annual rate: $1,222

Advertisement

36. (TIE) Nebraska: $110 a month

36. (TIE) Nebraska: $110 a month

Average monthly rate: $110

Average annual rate: $1,317

36. (TIE) South Carolina: $110 a month

36. (TIE) South Carolina: $110 a month

Average monthly rate: $110

Average annual rate: $1,316

Advertisement

35. Oregon: $111 a month

35. Oregon: $111 a month

Average monthly rate: $111

Average annual rate: $1,333

33. (TIE) Kansas: $113 a month

33. (TIE) Kansas: $113 a month

Average monthly rate: $113

Average annual rate: $1,358

Advertisement

33. (TIE) Minnesota: $113 a month

33. (TIE) Minnesota: $113 a month

Average monthly rate: $113

Average annual rate: $1,360

31. (TIE) Illinois: $114 a month

31. (TIE) Illinois: $114 a month

Average monthly rate: $114

Average annual rate: $1,370

Advertisement

31. (TIE) New Mexico: $114 a month

31. (TIE) New Mexico: $114 a month

Average monthly rate: $114

Average annual rate: $1,371

30. Mississippi: $115 a month

30. Mississippi: $115 a month

Average monthly rate: $115

Average annual rate: $1,385

Advertisement

28. (TIE) Nevada: $116 a month

28. (TIE) Nevada: $116 a month

Average monthly rate: $116

Average annual rate: $1,388

28. (TIE) Tennessee: $116 a month

28. (TIE) Tennessee: $116 a month

Average monthly rate: $116

Average annual rate: $1,397

Advertisement

26. (TIE) Arkansas: $117 a month

26. (TIE) Arkansas: $117 a month

Average monthly rate: $117

Average annual rate: $1,399

26. (TIE) Hawaii: $117 a month

26. (TIE) Hawaii: $117 a month

Average monthly rate: $117

Average annual rate: $1,400

Advertisement

25. Pennsylvania: $120 a month

25. Pennsylvania: $120 a month

Average monthly rate: $120

Average annual rate: $1,440

23. (TIE) Kentucky: $125 a month

23. (TIE) Kentucky: $125 a month

Average monthly rate: $125

Average annual rate: $1,503

Advertisement

23. (TIE) Washington: $125 a month

23. (TIE) Washington: $125 a month

Average monthly rate: $125

Average annual rate: $1,499

22. Alabama: $127 a month

22. Alabama: $127 a month

Average monthly rate: $127

Average annual rate: $1,529

Advertisement

21. Wyoming: $128 a month

21. Wyoming: $128 a month

Average monthly rate: $128

Average annual rate: $1,541

19. (TIE) Colorado: $130 a month

19. (TIE) Colorado: $130 a month

Average monthly rate: $130

Average annual rate: $1,558

Advertisement

19. (TIE) South Dakota: $130 a month

19. (TIE) South Dakota: $130 a month

Average monthly rate: $130

Average annual rate: $1,557

18. Oklahoma: $131 a month

18. Oklahoma: $131 a month

Average monthly rate: $131

Average annual rate: $1,568

Advertisement

17. Delaware: $132 a month

17. Delaware: $132 a month

Average monthly rate: $132

Average annual rate: $1,580

15. (TIE) Alaska: $134 a month

15. (TIE) Alaska: $134 a month

Average monthly rate: $134

Average annual rate: $1,605

Advertisement

15. (TIE) Massachusetts: $134 a month

15. (TIE) Massachusetts: $134 a month

Average monthly rate: $134

Average annual rate: $1,604

14. Texas: $135 a month

14. Texas: $135 a month

Average monthly rate: $135

Average annual rate: $1,620

Advertisement

13. Connecticut: $137 a month

13. Connecticut: $137 a month

Average monthly rate: $137

Average annual rate: $1,638

12. North Dakota: $143 a month

12. North Dakota: $143 a month

Average monthly rate: $143

Average annual rate: $1,710

Advertisement

11. Maryland: $151 a month

11. Maryland: $151 a month

Average monthly rate: $151

Average annual rate: $1,810

10. Florida: $153 a month

10. Florida: $153 a month

Average monthly rate: $153

Average annual rate: $1,830

Advertisement

9. New Jersey: $159 a month

9. New Jersey: $159 a month

Average monthly rate: $159

Average annual rate: $1,905

7. (TIE) California: $164 a month

7. (TIE) California: $164 a month

Average monthly rate: $164

Average annual rate: $1,962

Advertisement

7. (TIE) Louisiana: $164 a month

7. (TIE) Louisiana: $164 a month

Average monthly rate: $164

Average annual rate: $1,971

5. (TIE) Montana: $168 a month

5. (TIE) Montana: $168 a month

Average monthly rate: $168

Average annual rate: $2,013

Advertisement

5. (TIE) Rhode Island: $168 a month

5. (TIE) Rhode Island: $168 a month

Average monthly rate: $168

Average annual rate: $2,020

4. Washington DC: $177 a month

4. Washington DC: $177 a month

Average monthly rate: $177

Average annual rate: $2,127

Advertisement

3. Georgia: $183 a month

3. Georgia: $183 a month

Average monthly rate: $183

Average annual rate: $2,201

2. West Virginia: $210 a month

2. West Virginia: $210 a month

Average monthly rate: $210

Average annual rate: $2,518

Advertisement

1. Michigan: $213 a month

1. Michigan: $213 a month

Average monthly rate: $213

Average annual rate: $2,551