When living in these higher rate states, it's important to take extra measures to get affordable auto insurance quotes.
(PRWEB) October 07, 2013
A recent study revealed the average annual insurance rates for drivers living in every state across America, leaving many wondering what happens when they live in a high-rate state. Certainly, despite the fact that most drivers aren't willing to move just to save on car insurance, there are many ways to lower costs while staying put.
First, a look at the top ten most expensive states*:
$ 2,699 - Louisiana
$ 2,520 - Michigan
$ 2,155 - Georgia
$ 2,074 - Oklahoma
$ 2,006 - Washington, D.C.
$ 1,914 - Montana
$ 1,819 - California
$ 1,816 - West Virginia
$ 1,735 - Rhode Island
$ 1,725 - Kentucky
(* source: http://insc.org/average-car-insurance-rates - published 2013/03/24)
Keep in mind for some perspective that Louisiana pays twice as much as the 3 cheapest states, Maine, Iowa and Wisconsin. To understand why these top ten states pay so much, it's important to understand what factors are behind the the rates.
On a personal level, insurance rates are determined by:
- driving record
- personal profile (age, sex, driving experience)
- make, model and age of car driven
- annual miles driven
Whereas, state by state insurance rates are determined differently in each region:
- state specific insurance regulations
- severe weather in the past year causing a rise in claims
- a high percentage of uninsured or underinsured drivers who aren't covered and cannot pay in the event of an incident
Keeping in mind that these factors are out of an individual drivers control and the average American is an honest and safe driver, many are left wondering how they can lower rates. When living in these higher rate states it's important to take extra measures to get affordable auto insurance quotes.
In terms of what vehicle to drive, it's important to check the value of the car and insure it accordingly. If it's an older car, one must estimate how much repair costs could amount to, whether or not it's worth it to go through with them in the event of a collision and adjust the deductible paid based on the valuation. However, if it's a newer car, contrary to popular belief some of these vehicles are cheaper to insure because of the safety ratings and security features such as anti-theft devices that insurance companies favor and give special rates for. If shopping for a new car, it's important to do the proper research and verify the average rates and if the car is generally cheaper to ensure.
Another way to lower auto insurance rates is to take advantage of multiple discounts and incentives that may be available with insurance companies that include, good driver discounts, good student discounts, special senior rates, multiple drivers, multiple services with the same provider and so on. In order to find what discounts might be available in a drivers state, it is no longer necessary to check with each company individually. Thankfully, this process can be completed in three easy steps with FastQuotesDirect.com, a leading car insurance comparison site that launched last year to great fanfare.
- Fast quotes. Simply entering in a zip code will return a list of the best providers in given area.
- Privacy. No email, or phone required to see the list of insurance companies and discounts.
- No Obligations. Visitors can compare multiple quotes with no obligation to sign up to see potential rates.
With such a straight forward 'keep it simple' process, more consumers are turning to Fast Quotes Direct to connect with the best insurance companies for their needs and are learning that even when living in expensive states, it's possible to lower rates using the methods above and taking advantage of new insurance rules that may have been regulated since the last time signing up for car insurance. For drivers who haven't compared quotes in the past year, it's possible to save hundreds using Fast Quotes Direct as their listings are updated to take advantage of the most recent discounts and insurance rules in every state.