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The National Average Cost of Auto Insurance

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Flo Delacruz
March 3, 2022

If you're anything like us, you might have noticed that insurance rates are rising. Auto insurance prices have increased by 5% just in the last year. Ranking #1 again with the highest auto insurance is Michigan, with New York, Louisiana, Florida, Massachusetts, and California following suit. You may be asking yourself how do they come up with these prices? Your driving record, age, gender, location, to name a few, may impact your insurance price.

The national average cost of auto ins...

State Average (most to least cost per year) Michigan $4,430 New York $4,048 Louisiana $3,867 Florida $2,927 Massachusetts $2,632 California $2,519 Nevada $2,354 Montana $2,243 New Jersey $2,132 Texas $2,094 Maryland $1,970 Rhode Island $1,947 Delaware $1,943 Connecticut $1,900 Kentucky $1,843 District of Columbia $1,812 Missouri $1,763 Colorado $1,688 Arizona $1,658 Oklahoma $1,652 South Carolina $1,610 Georgia $1,587 Wyoming $1,542 Minnesota $1,515 Illinois $1,494 Alabama $1,478 Utah $1,463 Arkansas $1,462 Pennsylvania $1,447 West Virginia $1,418 Kansas $1,398 Nebraska $1,394 New Mexico $1,385 Mississippi $1,379 South Dakota $1,348 North Dakota $1,341 Alaska $1,315 Oregon $1,302 Washington $1,286 North Carolina $1,278 Hawaii $1,255 Tennessee $1,237 New Hampshire $1,190 Iowa $1,121 Idaho $1,113 Virginia $1,109 Indiana $1,106 Vermont $1,029 Maine $1,013 Wisconsin $970 Ohio $939

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*Information sourced from MarketWatch