Louisiana once again is experiencing the highest median auto insurance costs throughout the entire nation. Coming in at $1,111 on average according to the InsWeb survey, Louisiana feels the weight of these high rates especially when compared to other states which are significantly lower.
According to the article “Louisiana Auto, Property Insurance Rates Highest in US” by Christopher Tidmore on BayouBuzz, North Carolina’s average cost is $495 and Virgina comes in at $521. Both of these rates are less than half the cost of Louisiana auto insurance. Florida auto insurance quotes have jumped and are on the higher side as well, coming in at about $750, which is worse than last year.
InsWeb’s 2011 Car Insurance Rate Report comes in handy when people are shopping around to compare auto insurance. It gives consumers an idea of what to expect and what might be considered “high” in their state. The annual report ranks all 50 states and Washinging DC and bases their rankings on the median household car insurance rate for a 6 month policy. InsWeb gets their rates from a system that tracks rates from the largest auto insurance companies in every state in addition to actual profiles of their customers.