Insure.com Ranks States According to Cheapest Car Insurance : Car insurance price comparison company Insure.com ranks Vermont as the State with the cheapest auto insurance in the US, leading all other states on one of their recent studies. According to the study Insure.com has conducted, Vermont has a cheap motor car insurance value worth $995.
Moreover, Insure.com’s study claimed that the factors behind the low cost were that Vermont had little traffic congestion and that there are plenty of insurance companies competing for insurance in that area. On the other hand, Michigan got the highest rate for car insurance that amounts to $2, 541, for it’s the only US state that allows unlimited personal injury coverage. The national average for auto insurance according to the study fell at $1,561.
The study was based on 40-year old males driving more or exactly twelve miles to work from their homes. Besides these, other factors being studied includes the existing legal systems governing insurance at a specific state and the weather in a certain area.
Other factors like traffic congestion and the likelihood of accidents are also taken in consideration. The study was concluded by Senior Managing Editor of Insure.com Amy Danise that judicial and weather factors play a lot in moving the rates of cheap motor car insurance higher or even lower.
