What are YOU paying for Automobile Insurance?

Average car insurance premiums by State:

1 Michigan  $   2,476
2 Montana  $   1,886
3 Washington, D.C.  $   1,799
4 Louisiana  $   1,774
5 Florida  $   1,742
6 West Virginia  $   1,716
7 Connecticut  $   1,690
8 Rhode Island  $   1,656
9 California  $   1,643
10 New Jersey  $   1,595
11 Maryland  $   1,590
12 Mississippi  $   1,584
13 Delaware  $   1,542
14 Georgia  $   1,519
15 Oklahoma  $   1,496
16 Massachusetts  $   1,460
17 Texas  $   1,449
18 Alaska  $   1,410
19 North Dakota  $   1,377
20 Wyoming  $   1,371
21 Kentucky  $   1,341
22 Alabama  $   1,320
National average  $   1,311
23 Pennsylvania  $   1,304
24 Tennessee  $   1,263
25 Nevada  $   1,248
26 Colorado  $   1,245
27 Arkansas  $   1,239
28 New Mexico  $   1,237
29 Minnesota  $   1,222
30 Oregon  $   1,211
31 South Carolina  $   1,210
32 South Dakota  $   1,180
33 Kansas  $   1,147
34 Hawaii  $   1,114
35 Missouri  $   1,112
36 Washington  $   1,110
37 Arizona  $   1,103
38 Nebraska  $   1,086
39 Illinois  $   1,079
40 Utah  $   1,059
41 Indiana  $   1,033
42 New York  $   1,013
43 Virginia  $   1,008
44 North Carolina  $      986
45 Vermont  $      957
46 Wisconsin  $      930
47 New Hampshire  $      905
48 Iowa  $      886
49 Idaho  $      877
50 Ohio  $      843
51 Maine  $      805

Earlier this month, I sent you some information about how our Massachusetts insurance rates (for all types of insurance combined) stacked up against the other 49 states, taking into consideration median income for that state.  As a result, I got several comments back asking about how we here in Massachusetts ranked for Automobile Insurance separately…..regardless of the median income in the state.

I sourced some info from one of the industry sources, and compiled the information in the block to the right.  Notice the range of Automobile Insurrance Rates swings wildly between $2476 at the highest and $805 at the lowest.

The study compiled rates from six major insurance carriers in 10 ZIP codes in every state. The rates were for the same full-coverage policy for the same driver — a 40-year-old man with a clean driving record and good credit.

The study only considered the rates for the 20 best-selling vehicles in the U.S.  Each model was rated on its cheapest-to-insure trim level. Those vehicles were:

  1. Ford F-150 Platinum 4WD Supercrew
  2. Chevrolet Silverado 1500 LS 2WD Regular Cab
  3. Dodge Ram 1500 Tradesman Regular Cab
  4. Toyota Camry LE sedan
  5. Honda Accord LX sedan manual transmission
  6. Toyota Corolla L sedan
  7. Nissan Altima 2.5 sedan
  8. Honda CR-V LX 4WD SUV
  9. Honda Civic LX sedan manual transmission
  10. Ford Fusion S sedan
  11. Ford Escape S 2WD
  12. Chevrolet Cruze LS manual transmission
  13. Toyota RAV4 LE 4WD SUV
  14. Chevrolet Equinox LS 2WD SUV
  15. Hyundai Elantra SE sedan
  16. Ford Focus S sedan
  17. Hyundai Sonata SE sedan
  18. GMC Sierra 1500 2WD Regular Cab
  19. Ford Explorer 2WD SUV
  20. Toyota Prius Five hatchback

Massachusetts Ranks 16th for car insurance

Not only does this information show that we pay far less than the most expensive states, but it also shows that the “average” Massachusetts resident pays $1460 for their auto insurance.  And that’s still $149 above the national average of $1311.
Compare that number against what you are paying.  If you are paying more, ask yourself “Why?”  There may be a legitimate reason for it, especially if you have had an ongoing situation with accidents or moving violations, or you drive an especially expensive vehicle.  But if you have a good driving history and you are paying more than $1460 per year, you should be calling us immediately. I’m confident that we probabaly can save you some money that would be better put to use elsewhere in the family budget.

Econosurance has been here serving the Massachusetts area community for over 15 years. Over that time we have saved our customers hundreds of thousands of dollars. Give us a chance to do the same for you. You can count on us now, and in the future. Saving money is great, but not at the cost of service.  We offer the best of both.

You’ve got a friend in the business, , so please give us a call and let us prove it to you. Call 800-335-0633.  You’ll speak to me personally!

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