Which State Has The Cheapest Car Insurance?
The Cost of Car Insurance
When it comes to car insurance, there’s no one-size-fits-all answer. The cost of car insurance varies from state to state, and even from zip code to zip code. Factors like your age, driving record, credit score, and the make and model of your car all play a role in determining the cost of your car insurance. That’s why it’s important to shop around and compare rates.
State-by-State Comparison
When looking for the cheapest car insurance, you should compare rates from different companies in your state. The average cost of car insurance in the United States is $1,555 per year, but rates can range from as low as $500 to more than $2,500. Here’s a state-by-state comparison of the average cost of car insurance in 2023:
1. Ohio: $1,070
Ohio has the cheapest car insurance in the country with an average annual rate of $1,070. Low population density and a lack of catastrophic weather events contribute to the low rates.
2. Idaho: $1,168
Idaho is the second cheapest state for car insurance with an average annual rate of $1,168. Low population density, low crime rates, and a lack of catastrophic weather events are all factors that contribute to the low rates.
3. Iowa: $1,211
Iowa is the third cheapest state for car insurance with an average annual rate of $1,211. Low population density, low crime rates, and a lack of catastrophic weather events are all factors that contribute to the low rates.
4. Utah: $1,308
Utah is the fourth cheapest state for car insurance with an average annual rate of $1,308. Low population density, low crime rates, and a lack of catastrophic weather events are all factors that contribute to the low rates.
Finding the Best Deal
No matter which state you live in, shopping around and comparing rates is the best way to find the cheapest car insurance. Comparing rates from multiple companies can help you find the best deal. You should also consider raising your deductible, which can help you save money on your monthly premiums. And remember, don’t forget to factor in any discounts you may be eligible for, such as a good driver discount or a multi-policy discount.