What’s going on here? Why are country folk paying higher car insurance rates? The answer comes in the way that insurance rates are set. Some of the criteria that insurers use to calculate rates are stacked against rural residents.
It can be a little hard to believe, but Michigan residents pay the second highest car insurance rates in the nation. The average Michigan inhabitant pays $2,500 a year for car insurance; that’s $1,000 more than the national average for auto insurance premiums, which is $1,500. So what’s to blame for Michigan’s high car insurance […]
Louisiana is known for many things, including hurricanes, jazz, political corruption, Cajun food, and the nation’s most expensive car insurance. The average Louisianan pays $2,700 a year in car insurance premiums in contrast to the average resident of New York State that pays $1,369 a year. So why is car insurance so expensive down on […]