If you’re looking to save money on auto insurance, you may want to move.
Although auto insurance rates are based on a variety of risk factors, your location is normally a big factor for auto insurance companies.
Each year, Insure.com publishes a study that compares car insurance rates by state and this year’s study has been released.
The average annual insurance premiums were calculated based on rates from six large carriers:
Allstate, Farmers, GEICO, Nationwide, Progressive, and State Farm.
Rates were compiled in May and include 10 zip codes per state.
Rates are based on full coverage for a single, 40-year-old male who commutes 12 miles to work each day, with policy limits of $100,000 for injury liability for one person, $300,000 for all injuries, $50,000 for property damage in an accident, and a $500 deductible on collision and comprehensive coverage.
The hypothetical driver has a clean record and good credit, and the rate includes uninsured motorist coverage.
Here are the top 10 cheapest states for car insurance now.
Make sure you through this list very well, it will help you understand better.
Kicking off the top 10 cheapest states for auto insurance list is Utah, with an average annual premium of $1,068.