25 Cities with Highest Car Insurance Rates

mirror

Mon, May 14 2018, 7:51 pm

Quote:

While New York ranks No. 2 among the most expensive car-insurance cities, the nation's next-largest cities, Los Angeles and Chicago, check in at Nos. 4 and 21, respectively. L.A. motorists pay 25% more than the national average, while Windy City-area drivers pay 16% less. Dead-center on the list at Nos. 12, 13 and 14 are Boston, Dallas and Portland, Ore., where residents pay 2% more, 1% more and 1% less. States with metro areas appearing most frequently on the list include California (five times), Pennsylvania (four times) and Florida (three times).

Researchers say population density is naturally a major contributor to insurance rates: more people, more cars, more potential for crashes. Other factors include theft rates, state regulations and %age of uninsured motorists.

Does your area rank among places with the nation's costliest insurance? Below are the top 25 metropolitan areas in order of most- to least-expensive, followed by the percentage paid compared with the national average:

1. Detroit-Warren-Ann Arbor, Mich., 165%

2. New York-Newark, N.Y.- N.J.-Conn.-Pa., 36%

3. Miami-Fort Lauderdale-Port St. Lucie, Fla., 34%

4. Los Angeles-Long Beach, Calif., 25%

5. Atlanta-Athens-Clarke County-Sandy Springs, Ga., 17%

6. Sacramento-Roseville, Calif., 16%

7. San Jose-San Francisco-Oakland, Calif., 10%

8. Philadelphia-Reading-Camden, Pa.-N.J.-Del.-Md., 10%

9. Houston-The Woodlands, Texas, 10%

10. Tampa-St. Peterseburg-Clearwater, Fla., 9%

11. San Diego-Carlsbad, Calif., 2%

12. Boston-Worcester-Providence, Ma.-R.I.-N.H.-Conn., 2%

13. Dallas-Fort Worth, Texas-Okla., 1%

14. Portland-Vancouver-Salem, Ore., -1%

15. Minneapolis-St. Paul, Minn.-Wis., -5%

16. District of Columbia-Baltimore-Arlington, Md.-Va.-W.V.-Pa., -6%

17. Seattle-Tacoma, Wash., -10 %

18. Orlando-Deltona-Daytona Beach, Fla., -10%

19. Phoenix-Mesa-Scottsdale, Ariz., -10%

20. Denver-Aurora, Colo., -12 %

21. Chicago-Naperville, Ill.-Ind.-Wis., -16%

22. St. Louis-St. Charles-Farmington, Mo.-Ill., -18%

23. Pittsburgh-New Castle-Weirton, Pa.-Ohio-W.V., -24%

24. Cleveland-Akron-Canton, Ohio, -31%