In some states, the average yearly cost of full coverage car insurance can be very high. Vermont, Ohio, and Maine, on the other hand, are places where it is much cheaper.
If your car is properly registered and you drive on public roads, you have to have car insurance. You will need to get the minimum liability coverage required by your state in this case. To make things easier, it might be better to get full service if you can.
Which 3 States have the highest average car insurance premium for full coverage?
Here are the 3 U.S. States with the most expensive average annual premium for full coverage according to the latest Bankrate report:
- New York: $3,807
- Louisiana: $3,696
- Florida: $3,594
Not everyone in these states can pay this price. If you are poor, you might not be able to. After that, it’s best to choose the least amount of coverage needed in Florida, New York, or Louisiana.
What is the average car insurance annual cost of minimum coverage in these 3 States?
People who can’t pay for full coverage can look at the minimum treatment. Such as, in New York, it’s about $1,632 a year. That means this price is $2,175 less than the full service.
Also, Louisiana has really high car insurance costs, but the average cost of the bare minimum coverage each year is pretty good. It costs about $976. More low-income users will be able to pay for it that way.
The average cost of basic coverage in Florida is higher each year. This means that if you have a car and only need the bare minimum of coverage, it could cost around $1,111. California, Nevada, Michigan, and Colorado are some of the other states with high prices.
This is the United States. If you want to buy a new or used car, you should start saving money for good car insurance that fits your needs.
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