How Do Car Insurance Rates Differ by City
By: Ishan Mukhopadhyay Jan. 30, 2019
The city you live in decides much of the car insurance you pay. For instance, New Orleans is highly vulnerable to hurricanes, and therefore drivers in the city have to bear a surcharge on their insurance rates. Cities that enjoy better weather are more likely to see lower insurance rates. Other factors that affect your premium include the crime rate in the city, the state of its roads, and its population.A highly populated city may have a higher rate of accidents but if the city has well-built roads, then that will bring down the risk of accidents.
Zimlon analyzed the average premium in populous cities across states with the highest difference between the median and cheapest premiums. The following tables show the city-wise variation in insurance premiums and are arranged in order of high to low population.
In the state of Alabama, average premiums vary between $1,507 and $1,788. Mobile city with a population of 190,000 pays the highest average. Florence, with a population of about 40,000, has the lowest average.
In the state of Colorado, the average premium varies between $1,351 to $1,534. The city of Colorado Springs with the highest population of 465,000, pays the highest average premium of $1,534.
Kansas has relatively smaller population than the above two states. Garden City with about 27,000 people returns the highest average premium of $904. The most populous city in the state - Lawrence - return an average value of $847.
The most populous city in Kentucky is Louisville with 616,000 people living in it. The average premium in this city is the highest in the state at $4,289.
In Louisiana, Chalmette returns the highest average premium of $4,103. Monroe residents pay the lowest average premium of $2,999.
Manchester in New Hampshire is the most expensive city, with an average premium of $1,849. Keene has the lowest average premium of $1,310.
Clarksburg, with a premium of $866 is the city with the least expensive average for car insurance. Huntington with an average premium of $997 is the city with the most expensive rates.
Find a comprehensive analysis of all the ways to you can save on your car insurance, here.
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