Ohio is ranked as the 4th least expensive state for car insurance in the U.S with a yearly average of $1,106. This is according to a state-by-state comparison of 2013 rates by insure.com.
What state has the most expensive car insurance rates? Louisiana at $2,699. (Followed by Michigan, Georgia, Oklahoma and Washington D.C.)
What state has the least expensive car insurance rates? Maine at $934.
Kentucky ranked #10 at $1,725 and Indiana ranked #44 at $1,183.
Why is there variance in insurance premiums state by state?
- Each state has different numbers of insurers competing for the business
- Driving conditions
- Number of drivers who are uninsured
- State insurance systems and laws
Article courtesy of Sibcy Cline Insurance Services.