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Michigan Car Insurance Most Expensive In Nation

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UPDATED: Mar 13, 2020

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cost

A new survey from Insure.com found that car insurance is most expensive in the state of Michigan, and cheapest in Vermont.

In the Wolverine State, the average annual car insurance premium is a staggering $2,541, while it’s just $995 in Vermont.

Interestingly, car insurance rates had more to do with surrounding environment, and less to do with the actual driver.

For example, the percentage of uninsured motorists in a state, coupled with state insurance laws and weather, can drive rates higher.

Michigan is the only state that guarantees unlimited personal injury protection payments by law, making it quite costly for car insurance companies.

In Louisiana, their judicial system generally favors consumers, driving up costs for insurance companies and related premiums.

Vermont drivers get a break because of the low level of traffic congestion in the state and the large number of insurers competing for drivers’ business.

The national average annual car insurance premium was $1,561.

Here are the complete nationwide rankings:

1.  Michigan, $2,541
2.  Louisiana, $2,453
3.  Oklahoma, $2,197
4.  Montana, $2,190
5.  Washington, D.C., $2,146
6.  California, $1,991
7.  Mississippi, $1,896
8.  New Mexico, $1,896
9.  Arkansas, $1,836
10.   Maryland, $1,807
11.   North Dakota, $1,794
12.   Connecticut, $1,786
13.   Rhode Island, $1,747
14.   Wyoming, $1,714
15.   Hawaii, $1,707
16.   South Dakota, $1,707
17.   Georgia, $1,670
18.   New Jersey, $1,663
19.   West Virginia, $1,633
20.   Kentucky, $1,629
21.   New York, $1,627
22.   Minnesota, $1,614
23.   Washington, $1,584
24.   Missouri, $1,563
25.   Indiana, $1,518
26.   Colorado, $1,508
27.   Texas, $1,492
28.   Delaware, $1,489
29.   Florida, $1,476
30.   Nebraska, $1,470
31.   Pennsylvania, $1,468
32.   Kansas, $1,461
33.   Alaska, $1,454
34.   New Hampshire, $1,334
35.   Massachusetts, $1,328
36.   Idaho, $1,325
37.   Alabama, $1,306
38.   Oregon, $1,306
39.   Nevada, $1,300
40.   Illinois, $1,290
41.   Arizona, $1,280
42.   Utah, $1,272
43.   Virginia, $1,237
44.   Iowa, $1,179
45.   North Carolina, $1,154
46.   Ohio, $1,152
47.   Tennessee, $1,146
48.   Wisconsin, $1,128
49.   Maine, $1,126
50.   South Carolina, $1,095
51.   Vermont, $995

Rates are based on a 40-year-old single male driver who commutes 12 miles to work. The sample policy had liability limits of 100/300/50 ($100,000 for injury liability for one person, $300,000 for all injuries and $50,000 for property damage in an accident) and a $500 deductible on collision and comprehensive coverage. The policy included uninsured motorist coverage.

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