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America’s car insurance price gap: The most expensive and cheapest US cities for car insurance
Drivers in urban centers like Brooklyn and Hamtramck pay up to $7,000 annually, while small Vermont towns average around $1,370, reflecting location-driven risk and laws.
- CarInsurance.com found annual premiums vary by thousands between U.S. cities, with Hamtramck, Michigan at $7,022 and South Burlington, Vermont at $1,370.
- Local factors including traffic density, crime statistics, and litigation raise insurer payouts, while Michigan's no-fault insurance system and regulatory differences push premiums higher.
- Comparisons show Brooklyn, New York's annual premium is $6,426 versus Jersey City, New Jersey's $3,414, producing a $3,012 gap between neighboring cities.
- Insurers are withdrawing or hiking rates in disaster-prone and high-claim regions, creating insurance 'deserts' that limit market choices for drivers in expensive cities.
- Methodology shows CarInsurance.com combined Quadrant Information Services data with internal research to calculate premiums, urging drivers seeking to compare insurance quotes as national rates rise.
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21 Articles
21 Articles
The Daily Progress+20 Reposted by 20 other sources
America’s car insurance price gap: The most expensive and cheapest US cities for car insurance
CarInsurance.com reports that car insurance rates vary significantly across U.S. cities, influenced by factors like traffic density, crime rates, and local laws. Urban areas face higher premiums while smaller towns often enjoy lower rates.
Coverage Details
Total News Sources21
Leaning Left1Leaning Right0Center16Last UpdatedBias Distribution94% Center
Bias Distribution
- 94% of the sources are Center
94% Center
C 94%
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