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U.S. CAR INSURANCE STATISTICS

COSTS AND EXPENDITURES

The average auto insurance expenditure rose from $798 in 2011 to $815 in 2012, according to a December 2014 report from the National Association of Insurance Commissioners. In 2012 (the latest data available), the average expenditure was highest in New Jersey ($1,219.93), followed by the District of Columbia ($1,154.91), and New York ($1,152.45). The 2012 average expenditure was up 2.1 percent from $798 in 2011.

To calculate average expenditures the National Association of Insurance Commissioners (NAIC) assumes that all insured vehicles carry liability coverage but not necessarily collision or comprehensive coverage. The average expenditure measures what consumers actually spend for insurance on each vehicle. It does not equal the sum of liability, collision and comprehensive expenditures because not all policyholders purchase all three coverages.
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AAA’s 2015 Your Driving Costs study found that the average cost to own and operate an average sedan was $8,698 in 2014, down almost 2 percent from $8,876 in 2013. The decline reflects reduced gasoline and finance costs offsetting increases in other areas. Average insurance costs for sedans rose 9 percent, or $92, to $1,115 in 2014 from $1,023 in 2013. AAA insurance cost estimates are based on a full coverage policy for a 47-year old male with a clean driving record for a policy with $100,000/$300,000 bodily injury liability coverage with a $500 deductible for collision and a $100 deductible for comprehensive coverage.
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Most Expensive

1.   New Jersey -  $1,219.93
2.   D.C. - 1,154.91
3.   New York - 1,152.45
4.   Florida - 1,127.93
5.   Louisiana - 1,112.53
6.   Delaware - 1,065.37
7.   Michigan - 1,048.87
8.   Rhode Island - 1,034.50
9.   Connecticut - 986.73
10.  Massachusetts - 976.65
Least Expensive

1.   Idaho - $534.56 
2.   South Dakota - 556.51 
3.   Iowa -  561.26
​4.   North Dakota - 576.08 
5.   Maine - 582.43 
6.   Wisconsin - 598.84 
7.   North Carolina - 611.48 
8.   Nebraska - 616.78
9.   Wyoming - 618.81 
10. Kansas - 632.07 
TOP 10 MOST AND LEAST EXPENSIVE STATES 
FOR VEHICLE INSURANCE, 2012 STATISTICS 
You can utilize the service of websites like this one that offer car insurance quotes from multiple source. Anyone with an internet connection can not only get several quotes, but also manipulate factors according to their preference. Before you buy your next vehicle, try to reduce your costs by entering your state and comparing online car insurance rates and companies now!     
Used with permission of iii.org
TOP 10 MOST AND LEAST EXPENSIVE CITIES 
FOR VEHICLE INSURANCE, 2014 STATISTICS
Based on a 26-year-old male without any history of accidents, insuring a 2012 Toyota Camry. Assumes $100,000/$300,000/$50,000 liability limits with a $500 deductible. To calculate city averages, NerdWallet used only ZIP codes within city limits and not in the city's metro area.  Source: NerdWallet.
Most Expensive

1. Detroit, MI - $10,723
2. New Orleans, LA - 4,310
3..Grand Rapids, MI - 4,042
4. Newark, NJ - 3,525
5. Baton Rouge, LA - 3,364
6. Hialeah, FL - 3,272
7. Jersey City, NJ - 3,267
8. Louisville, KY - 3,256
9. Miami, FL - 3,169
10. Philadelphia, PA - 2,931
Least Expensive

1. Winston-Salem, NC - $969
2. Greensboro, NC - 1,090
3. Raleigh, NC - 1,098
4. Durham, NC - 1,101
5. Charlotte, NC - 1,123
6. Boise, ID - 1,222
7. Rochester, NY - 1,249
8. Fayetteville, NC - 1,295
9. Spokane, WA -  1,308
10. Montgomery, AL - 1,376

Statistics