On the other hand, states where most of the drivers are properly insured and reside in rural areas saw some of the lowest car insurance rates. Maine climbed to the top of the heap this year with an average annual premium of $845, which is 42 percent below the national average. Wisconsin moved into the second place and Idaho stays in third place for the second year in a row. Iowa and Virginia filled out the top five.
Products underwritten by Nationwide Mutual Insurance Company and Affiliated Companies. Not all Nationwide affiliated companies are mutual companies, and not all Nationwide members are insured by a mutual company. Subject to underwriting guidelines, review and approval. Products and discounts not available to all persons in all states. Nationwide Investment Services Corporation, member FINRA. Home Office: One Nationwide Plaza, Columbus, OH. Nationwide, the Nationwide N and Eagle and other marks displayed on this page are service marks of Nationwide Mutual Insurance Company, unless otherwise disclosed. ©2019. Nationwide Mutual Insurance Company.
While you might want to finish shopping for car insurance as quickly as possible, it’s important to do your due diligence and find the right company. At the end of the day, car insurance is designed to protect and benefit you. If you were to be injured or have your car totaled in an accident, your insurer’s customer service and claims satisfaction would be vital.

Here we breakdown 10 year term life insurance policies and show you the average annual premiums depending on your level of health and the amount of coverage you're interested in purchasing. Ten year policies are popular for those people who are on a very tight budget as they offer some of the cheapest rates on the market, or those who won't require insurance after their ten years of coverage expires. If you need a reminder on what each 'Rate Class' entails you can click here and see our description at the bottom of the page.
Gender and age: Young (newly licensed drivers) will be the most expensive to insure and statistics show that young males are the worst of the young drivers. Once they have a few years of experience under their belts, rates should start to drop. Statistics show that women overall tend to be involved in fewer accidents so premiums are usually lower for female drivers until they hit middle age, then males and females are basically on par for the cost of car insurance
Thirty year term life insurance policies will provide you more flexibility but come at a much higher price. However, one of the advantages to a longer policy, such as a 30 year term, is that your premiums remain unchanged even if your health changes over the time period. So if you're underwritten as a healthy 25 year old and find yourself overweight and out of shape at 50, your premiums will remain the same. Your rates will have been locked in based on your physical health when you purchased the policy. You can see below how much more expensive 30 year life insurance policies are than your shorter term policy options:

Car sales stayed pretty flat last year with 17,274,250 vehicles driving off of dealer lots. This is a measly 0.3 percent increase over last year. The pain (for automakers) will continue in 2019, according to National Automobile Dealers Association (NADA). The NADA is forecasting vehicle sales of 16.8 million, which would represent about a 1.1 percent decline.


Vehicles loaded with safety features that tend to be driven by parents or other fairly responsible drivers make up the majority of our least expensive list. “Safety features such as airbags, lane departure, back-up cameras and automatic restraint systems all factor into insurance rates. If these technologies are found to reduce the risk of an accident, it may result in lower premiums for policyholders whose vehicles are equipped with these safety features.” says Michael Barry, spokesperson for the media and public affairs division of the Insurance Information Institute.
Looking at a 20-year term life insurance policy (the most popular option) worth $500,000, we've determined what the average annual rates are for individuals between the ages of 25 and 65. One of the clear takeaways from the table: it's expensive to smoke. Smokers on average will pay an average of 260% higher premiums for their life insurance policies than non-smokers. This disparity is greatest for those between the ages of 40 and 55, with 40-year-old smokers paying over three times as much for their life insurance as non-smokers, while 25-year-old smokers pay only twice as much.

Unfortunately, the cost of claims has been rising in recent years for cars on both sides of the list, mainly due to technology. “All of the sensors and other technology in today's cars have pushed up the cost of insurance claims,” says Walker. What was once a minor repair has become much more complex and costly. Complicated repairs also add to the time a car spends in the repair shop and usually requires the use of a rental car.”
If you have very poor credit, the cheapest car insurance company is Nationwide. Here, your premium will be more than $435 less than the group average. Compared to the highest credit level, drivers with bad credit pay nearly $1,450 more per year for auto insurance. If you pay off a loan or otherwise improve your credit score, you should shop around for car insurance as your premium should change. Just another reason to keep your score up!
Looking for an auto insurance agency near you? We’re here to help! If you’re the victim of a car accident, vandalism, or a vehicle break in; it’s vital that you have the right insurance policy to protect your finances. In fact, if you’re caught driving without auto insurance you can face severe fines and legal consequences. Our mission is to provide our customers with our best auto insurance that perfectly fits with their lifestyle, budget and car model.
×