{"id":5395,"date":"2021-04-14T07:54:00","date_gmt":"2021-04-14T07:54:00","guid":{"rendered":"https:\/\/www.freeway.com\/knowledge-center\/?p=5395"},"modified":"2023-10-17T20:37:18","modified_gmt":"2023-10-17T20:37:18","slug":"how-much-is-car-insurance","status":"publish","type":"post","link":"https:\/\/www.freeway.com\/knowledge-center\/auto\/how-much-is-car-insurance\/","title":{"rendered":"How Much is Car Insurance"},"content":{"rendered":"\n
Although there is no one answer to how much car insurance is, “it depends” is an often-cited response. That’s because insurance providers factor many pieces of information<\/a> into a calculation that determines how much risk they’ll take to insure you. Each person is different with different needs and circumstances and so will pay different rates.<\/p>\n\n\n\n The premiums you pay are directly related to your risk. Simply put, the more risk factors you check off, the more you will pay in premiums, and if you are deemed too risky<\/a>, insurance companies may not want to insure you at all.<\/p>\n\n\n\n Below, we’ll look at how some of the most common factors<\/a> impact your car insurance premiums. Some of those factors will be out of your control, like your age or the area you live in. However, some are entirely within your control, like getting arrested while driving under the influence (DUI).<\/p>\n\n\n\n Here are some of the most common factors used by insurance companies<\/a> to calculate your insurance premiums:<\/p>\n\n\n\n <\/p>\n At the state level<\/a>, state laws play a significant factor in how insurance is regulated. Ultimately, the required state minimum car insurance<\/a> coverage creates a base from which insurance providers can begin to calculate risk.<\/p>\n <\/p>\n To illustrate, the minimum coverages in California<\/a> and Texas<\/a> are wildly different. The minimums in California are 15\/30\/5, and Texas is 30\/60\/25. For the state minimums, both have similar average annual premiums, $655 and $670, respectively, which means you’re paying more per point of coverage in California than in Texas. This could be for many reasons. Maybe in California, cars are more expensive on average, or people file more claims.<\/p>\n <\/p>\n But insurance companies don’t stop there. They also use a set of factors about your zip code, such as population density, crime rate, housing values, traffic statistics, and others, to calculate your premium. We won’t dive into those differences here, but rest assured that you should shop for new car insurance quotes if you move to a new zip code.<\/p>\n <\/p>\n <\/div>\n \n
Average Car Insurance Rates by State<\/h2>\n
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\n \n State<\/th>\n Full Coverage*<\/th>\n Required State Minimum Coverage*<\/th>\n Difference<\/th>\n <\/tr>\n \n Alabama<\/a><\/td>\n $1,665<\/td>\n $537<\/td>\n $1,127<\/td>\n <\/tr>\n \n Alaska<\/td>\n $1,552<\/td>\n $427<\/td>\n $1,125<\/td>\n <\/tr>\n \n Arizona<\/a><\/td>\n $2,051<\/td>\n $785<\/td>\n $1,266<\/td>\n <\/tr>\n \n Arkansas<\/td>\n $1,954<\/td>\n $506<\/td>\n $1,448<\/td>\n <\/tr>\n \n California<\/a><\/td>\n $1,931<\/td>\n $655<\/td>\n $1,276<\/td>\n <\/tr>\n \n Colorado<\/a><\/td>\n $2,383<\/td>\n $637<\/td>\n $1,746<\/td>\n <\/tr>\n \n Connecticut<\/td>\n $2,130<\/td>\n $933<\/td>\n $1,196<\/td>\n <\/tr>\n \n Delaware<\/td>\n $2,130<\/td>\n $937<\/td>\n $1,194<\/td>\n <\/tr>\n \n Florida<\/a><\/td>\n $2,638<\/td>\n $1,382<\/td>\n $1,256<\/td>\n <\/tr>\n \n Georgia<\/td>\n $2,063<\/td>\n $732<\/td>\n $1,331<\/td>\n <\/tr>\n \n Hawaii<\/td>\n $1,313<\/td>\n $438<\/td>\n $875<\/td>\n <\/tr>\n \n Idaho<\/a><\/td>\n $1,250<\/td>\n $395<\/td>\n $855<\/td>\n <\/tr>\n \n Illinois<\/a><\/td>\n $1,700<\/td>\n $588<\/td>\n $1,112<\/td>\n <\/tr>\n \n Indiana<\/a><\/td>\n $1,306<\/td>\n $413<\/td>\n $893<\/td>\n <\/tr>\n \n Iowa<\/td>\n $1,357<\/td>\n $305<\/td>\n $1,052<\/td>\n <\/tr>\n \n Kansas<\/td>\n $1,780<\/td>\n $486<\/td>\n $1,295<\/td>\n <\/tr>\n \n Kentucky<\/td>\n $2,466<\/td>\n $1,029<\/td>\n $1,437<\/td>\n <\/tr>\n \n Louisiana<\/a><\/td>\n $3,011<\/td>\n $999<\/td>\n $2,011<\/td>\n <\/tr>\n \n Maine<\/td>\n $1,071<\/td>\n $370<\/td>\n $701<\/td>\n <\/tr>\n \n Maryland<\/td>\n $2,045<\/td>\n $903<\/td>\n $1,142<\/td>\n <\/tr>\n \n Massachusetts<\/td>\n $1,494<\/td>\n $554<\/td>\n $940<\/td>\n <\/tr>\n \n Michigan<\/td>\n $4,589<\/td>\n $2,605<\/td>\n $1,984<\/td>\n <\/tr>\n \n Minnesota<\/td>\n $1,723<\/td>\n $713<\/td>\n $1,010<\/td>\n <\/tr>\n \n Mississippi<\/td>\n $1,862<\/td>\n $575<\/td>\n $1,287<\/td>\n <\/tr>\n \n Missouri\t<\/a><\/td>\n $1,906<\/td>\n $541<\/td>\n $1,365<\/td>\n <\/tr>\n \n Montana<\/td>\n $1,920<\/td>\n $390<\/td>\n $1,530<\/td>\n <\/tr>\n \n Nebraska<\/td>\n $1,718<\/td>\n $396<\/td>\n $1,323<\/td>\n <\/tr>\n \n Nevada<\/a><\/td>\n $2,489<\/td>\n $911<\/td>\n $1,579<\/td>\n <\/tr>\n \n New Hampshire<\/td>\n $1,487<\/td>\n $521<\/td>\n $966<\/td>\n <\/tr>\n \n New Jersey<\/a><\/td>\n $2,142<\/td>\n $837<\/td>\n $1,305<\/td>\n <\/tr>\n \n New Mexico<\/td>\n $1,625<\/td>\n $448<\/td>\n $1,177<\/td>\n <\/tr>\n \n New York<\/a><\/td>\n $2,410<\/td>\n $1,168<\/td>\n $1,241<\/td>\n <\/tr>\n \n North Carolina<\/td>\n $1,348<\/td>\n $423<\/td>\n $925<\/td>\n <\/tr>\n \n North Dakota<\/td>\n $1,582<\/td>\n $383<\/td>\n $1,199<\/td>\n <\/tr>\n \n Ohio<\/td>\n $1,193<\/td>\n $402<\/td>\n $791<\/td>\n <\/tr>\n \n Oklahoma<\/td>\n $2,027<\/td>\n $495<\/td>\n $1,532<\/td>\n <\/tr>\n \n Oregon<\/td>\n $1,679<\/td>\n $777<\/td>\n $902<\/td>\n <\/tr>\n \n Pennsylvania<\/td>\n $1,561<\/td>\n $482<\/td>\n $1,080<\/td>\n <\/tr>\n \n Rhode Island<\/td>\n $2,550<\/td>\n $989<\/td>\n $1,561<\/td>\n <\/tr>\n \n South Carolina<\/a><\/td>\n $1,745<\/td>\n $701<\/td>\n $1,044<\/td>\n <\/tr>\n \n South Dakota<\/td>\n $1,842<\/td>\n $333<\/td>\n $1,509<\/td>\n <\/tr>\n \n Tennessee<\/td>\n $1,504<\/td>\n $427<\/td>\n $1,077<\/td>\n <\/tr>\n \n Texas<\/a><\/td>\n $2,029<\/td>\n $670<\/td>\n $1,359<\/td>\n <\/tr>\n \n Utah<\/td>\n $1,700<\/td>\n $671<\/td>\n $1,028<\/td>\n <\/tr>\n \n Vermont<\/td>\n $1,355<\/td>\n $388<\/td>\n $967<\/td>\n <\/tr>\n \n Virginia<\/td>\n $1,398<\/td>\n $512<\/td>\n $886<\/td>\n <\/tr>\n \n Washington<\/a><\/td>\n $1,386<\/td>\n $496<\/td>\n $890<\/td>\n <\/tr>\n \n Washington, D.C.<\/td>\n $1,868<\/td>\n $720<\/td>\n $1,148<\/td>\n <\/tr>\n \n West Virginia<\/td>\n $1,737<\/td>\n $534<\/td>\n $1,203<\/td>\n <\/tr>\n \n Wisconsin<\/td>\n $1,302<\/td>\n $403<\/td>\n $899<\/td>\n <\/tr>\n \n Wyoming<\/td>\n $1,662<\/td>\n $339<\/td>\n $1,324<\/td>\n <\/tr>\n <\/table>\n <\/div>\n <\/div>\n <\/div>\n