Unlucky you: Do you live in one of the top 25 cities for high auto insurance rates?
The weather is lovely, the schools fantastic, and the sports teams are elite. But there may be one little storm cloud on the horizon: Astronomical auto insurance rates.
Are you one of the unlucky few who live in one of the top 25 cities for high auto insurance rates?
Well, since you really want to know (even if you don’t really want to know), here’s USA Today’s rundown of the Top 25 most expensive cities in which to insure a car:
Detroit isn’t just the car manufacturing capital of the U.S. — it’s also tops when it come to high car-insurance costs.
The Motor City and its metropolitan area lay claim to the dubious distinction of having the most expensive auto insurance in the nation, according to an analysis by finance-info provider Bankrate Insurance.
Detroit-area drivers on average pay 165% more than the national average for car insurance, followed by New York, where motorists pay 36% more, and Miami, 34% more. The least expensive premiums, the website stated, are enjoyed by Charlotte, N.C., where area residents pay 43% less than the national average; Cleveland, 31% less; and Pittsburgh, 24% less.