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Which ZIP code is more expensive for car insurance?

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Which ZIP code is more expensive for car insurance?

The least expensive ZIP code in America is 24450 in Lexington, Virginia. Folks pay an average of $2,018.13 annually for auto insurance. The most expensive ZIP code in America is 48201 in Detroit, Michigan.

Is car insurance more expensive in a city?

California car insurance rates are typically more expensive because of a few factors such as high crime urban areas and multiple densely populated cities which are factors that affect a state’s average car insurance cost.

Why does ZIP code matter when buying a car?

“They are very strategic with incentives – putting money where they feel it is necessary to move inventory. The ZIP code helps determine any local or regional incentives that may be available to consumers.”

Does Location Affect Car Insurance?

Location, location, location – Due to higher rates of vandalism, theft and accidents, urban drivers pay a higher auto insurance price than those in small towns or rural areas. Where you park your car (on the street or in a secure garage) and anti-theft features may impact the bottom line as well.

Is Michigan the highest state for car insurance?

MICHIGAN — A new car insurance industry report shows that Michigan is no longer the most expensive state in the country to insure a car. The average premium in Michigan dropped 27 percent this year to a still high $2,112, 48 percent more expensive than the national average.

What city pays the most for car insurance?

10 U.S. Cities Where Car Insurance Is Most Costly in 2019

  • Detroit — $5,464 average annual premium.
  • New Orleans — $3,686.
  • Hialeah, Florida — $2,997.
  • Miami — $2,913.
  • New York City — $2,814.
  • Tampa, Florida — $2,786.
  • Baton Rouge, Louisiana — $2,766.
  • Las Vegas — $2,609.

Can you compare auto insurance rates by city?

It most definitely does. In fact, comparing auto insurance rates by ZIP code can produce some surprising results. When you do an auto insurance ZIP code comparison, you will find changes in auto insurance rates by city, but they can also change within a city.

Which is the least expensive ZIP code for auto insurance?

Free Auto Insurance Comparison State Least Expensive City in State Least Expensive ZIP Code in State Lowest Average Annual Auto Insurance Rat Virginia Lexington 24450 $2,018.13 Hawaii Anahola 96703 $2,198.62 Ohio Tiffin 44883 $2,325.38 Alaska Angoon 99820 $2,335.97

Why are car insurance rates so high in Michigan?

But in Michigan, companies can also consider your age, gender, credit history, marital status, and more when setting premiums. The car you drive, your annual mileage, and even some factors beyond your control all impact the price of insurance. 3. Maintain coverage You’ll see higher rates if you let your insurance lapse, even if you don’t own a car.

What’s the average auto insurance rate in Ohio?

The 44883 ZIP code in Tiffin, Ohio pays an average of $2,325.38 per year for auto insurance. In Anahola, Hawaii, folks living in the 96703 ZIP code pay a low annual rate of $2,189.62. For the lucky drivers in the 24450 ZIP code in Lexington, Virginia, your average annual rates are only $2,018.13.