Saturday, 16 March 2013

The Average Cost of Car Insurance in California

When it comes to the average cost of car insurance coverage in California, there is both good news and bad. Trends in 2009 and 2010 indicate a downward trend, but California is still in the top 10 most expensive states for car insurance.

State Ranking

  • According to an April 2010 study by Insure.com, California ranked 5th highest in the nation in car insurance premiums after Louisiana, Michigan, Oklahoma and Montana. Californians paid an average of $1,774.41 per vehicle in the first four months of 2010, or approximately $345 more than the national average.

Twelve-Month Trends

  • In August 2010, California's auto insurance rates dropped to their lowest level since September 2009, or $1,261 compared to the previous year's $1,544, according to CarInsurance.com. The 2009 to 2010 average decrease was reported at 20 percent by the website, and if these trends continue, Californians may see lower car insurance premiums.

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