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10. Arizona - $1,227 Average Annual Premium
Thinking of moving to another state and curious what insurance premiums might run you?
Insure.com has released its 2013 study that compared state-by-state annual insurance premiums based on insurance for a single, 40-year-old male who commutes 12 miles to work each day. Policy limits were set at $100,000 for injury liability for one person, $300,000 for all injuries, and $50,000 for property damage. The rates assumed the driver has a clean record and good credit and includes uninsured motorist coverage with a $500 deductible on collision and comprehensive coverage.
Kicking off the list is Arizona, with an average annual premium of $1,227. Nearly 6.5-million people live in the state, with its largest city being its capital, Phoenix. Public transportation is plentiful in the major metropolitan areas including Phoenix and Tucson while a light rail system known as the Valley Metro Light Rail connects Central Phoenix with the nearby cities of Mesa and Tempe.
10. Kentucky - $1,725 Average Annual Premium
Interested in how your state ranks in terms of car insurance premiums?
Each year, Insure.com does a state-by-state comparison of insurance costs, ranking all 50 states plus Washington D.C. by the average annual premiums. The rates are based on insurance for a single, 40-year-old male who drives 12 miles to work each day. Policy limits are $100,000 for injured liability for one person, $300,000 for all injuries, and $50,000 for property damage in an accident. The deductible is $500 on collision and comprehensive coverage. It also includes uninsured motorist coverage and assumes the driver has a clean record and good credit.
Kicking off the top 10 list of most expensive states to insure a vehicle is Kentucky with an average annual premium of $1,725. According to the most recent data from the United States Census Bureau, Kentucky has a state population of 4.38 million and is home to Louisville, Bowling Green, and Lexington.