Affordable Auto Insurance for the Family

Auto Insurance

How big is your family?

Today, parents can expect to spend $233,610 to raise a child. If you have more than 1 kid, that number can quickly go into the millions! To make matters worse, that price tag doesn’t even include the cost of auto insurance when your kids become teens.

To help you get the best deal on your car insurance, we created this short but complete guide. We’ll show you what states have the most expensive insurance, as well as what you can do to drastically lower your rates. So before you sign up for a policy that costs too much, read the rest of this article!

Factors That Affect Your Premium

Let’s start by reviewing the different factors auto insurance companies use to rate your policy.

Here’s a list of things that will impact your rates:

  • Auto claims history
  • Accident history of all drivers
  • Years of experience for all drivers
  • The vehicle makes and models
  • Where you live
  • Whether vehicles are leased or owned
  • Annual mileage
  • Vehicle usage

Next to having an accident history, where you live is one of the biggest factors that can raise your rates.

The Cheapest States for Car Insurance

What locations offer the cheapest or most expensive car rates insurance? For starters, residents of Maine enjoy having some of the lowest rates available, averaging about $875 every year. Next, Idaho, Ohio, Wisconsin, and New Hampshire come in among the cheapest 5 states for car insurance.

Most Expensive States for Coverages

What are the 5 states with the most expensive for car insurance? Florida, Louisiana, New York, Michigan, and Missouri, are the most expensive states for insuring a car.

Zipcode Matters

In addition to the state you’re in, your exact zip code also plays a large role in what your rates will be. For instance, in Florida, annual car insurance premiums range from $921 to $2,955 depending on the county you live in.

Tips for Getting Auto Insurance Discounts

Your goal should be to get cheap auto insurance with good coverages. Instead of simply price shopping, make sure you pay attention to your coverage limits. Once you have coverage limits in place that will protect your family, you can work towards finding discounts.

Here are a few great ways to discount your auto policy rates:

  • Pay in full
  • Set up auto-pay
  • Take self-defense driving course
  • Pick the right type of vehicles
  • Ask about safe driver discounts

If you’re about to buy a new vehicle, wait. When you’re getting auto insurance quotes, find out exactly how much it’ll cost to insure the car you’re considering. It’s surprising how much you can lower your rates if you pick the right type of vehicle.

Drive Safe and Covered

Now you know the best tips for getting affordable auto insurance for the entire family. What’s 1 new thing you were able to learn about car insurance today?

Was it that setup auto-pay can help you get a discount? Or how about finding out that Florida has some of the highest insurance rates!

We hope you’ll use everything you learned today to help you find good coverages, at a fair price. For more ways to save, explore our other articles.