Auto insurance coverage charges throughout the US proceed to rise, and one state continues to pay the steepest premiums, a brand new report from The Zebra has discovered.
The insurance coverage comparability web site carried out a survey of 73 million charges in 2019, and located that the state of Michigan – already notorious in previous years for its excessive charges – had common annual auto insurance coverage charges of $3,096. This represented a 7.3% enhance from 2018’s common, and a 39.5% enhance over 2011.
By comparability, the nationwide common annual auto insurance coverage charge within the US is $1,548. Michigan’s charges are so excessive, that they’re thrice increased than the typical in Maine or North Carolina – the 2 states with the bottom charges in America.
Inside Michigan, Detroit pays the best common annual auto insurance coverage charges of any metropolis within the state – at a staggering $6,280.
Final 12 months, Michigan Governor Gretchen Whitmer signed into legislation a brand new system that’s hoped to decrease the state’s astronomically excessive insurance coverage charges. That invoice, which is anticipated to come back into impact someday this July, will prohibit using non-driving elements in setting insurance coverage charges and restrict the quantity of reimbursements for well being suppliers, amongst different main adjustments.