These States Have the Lowest Car Insurance Rates in the Country
Owning a car is a significant expense, but did you know that where you live can greatly impact how much you pay for car insurance? Some states in the US have comparatively low car insurance costs, making them a perfect place to be a car enthusiast, especially if you have an addiction of purchasing cars on a monthly basis (We know, those Facebook marketplace deals are irresistible sometimes).
Let’s take a look at some of the best states in the US to own a car, based solely on the cost of insurance.
1. Vermont: The Green Mountain State
Vermont tops the list with its impressively low average annual insurance rates of around $400 for minimal coverage. With cheap used cars and low sales tax rates, this state is a haven for budget-conscious car owners.
2. Ohio: The Buckeye State
Ohio is another fantastic state for car owners, with affordable insurance rates and reasonable gas prices. The average insurance cost here is quite low compared to many other states, making it a great choice for drivers looking to save money.
3. Minnesota: Land of 10,000 Lakes
In Minnesota, you can expect to pay less than $720 annually for car insurance. This state’s low documentation fees and affordable insurance rates make it a top contender for car ownership.
4. Indiana: The Hoosier State
Indiana boasts low documentation fees and affordable insurance rates, which are among the lowest in the country. This makes Indiana a budget-friendly state for car owners, with insurance costs that won’t break the bank.
5. Wisconsin: The Badger State
Wisconsin offers some of the most affordable insurance rates in the US, coupled with low documentation fees. This combination makes it an ideal place for car owners who want to keep their expenses in check.
Why These States Stand Out
These states offer some of the lowest car insurance rates in the country. Lower insurance costs can significantly reduce your overall car ownership expenses, making it easier to manage your budget.
If you’re looking to save money on car insurance, consider living in one of these states. Not only will you benefit from lower insurance rates, but you’ll also enjoy other perks like low documentation fees and reasonable gas prices.
