In New York State, the average annual cost for full coverage car insurance is $2,996. This is more expensive than any other state in the United States, and it makes New York one of only three states in the country where the annual cost exceeds $2,500, along with Louisiana ($2,864 annually) and Florida ($2,762 annually). From the team at Alan’s Factory Outlet comes this infographic that ranks all 50 U.S. states based on their average cars of car insurance. It also includes information on monthly and annual costs for both full coverage and minimum coverage car insurance.
On an annual basis for full coverage, car insurance is the most expensive in New York ($2,996 annually), Louisiana ($2,864 annually), Florida ($2,762 annually), Nevada ($2,426 annually), Michigan ($2,345 annually), California ($2,190 annually), Colorado ($2,019 annually), Pennsylvania ($2,002 annually), Georgia ($1,985 annually) and Delaware ($1,963 annually). While car insurance rates are the most expensive across these ten states, Maine can take claim for having the cheapest average rates.
In Maine, the average annual cost for full coverage car insurance is $876.00, making Maine the only state to have this cost be below $1,000 on average. For minimum coverage car insurance in Maine, drivers can expect to pay an average of $227 on an annual basis. Other states with cheaper car insurance rates than others (on an annual basis for full coverage) include Vermont ($1,000 annually), Idaho ($1,065 annually), New Hampshire ($1,182 annually) and Ohio ($1,200 annually).
With annual costs aside, some of the monthly rates for full coverage car insurance across the United States can be alarming as well, including New York ($249.67 monthly), Louisiana ($238.67 monthly), Florida ($230.17 monthly) and Nevada ($202.17).
According to the research and data from the team at Alan’s Factory Outlet, these were the only four states within their rankings where the average monthly full coverage car insurance cost exceeded $200.
