Saturday, April 10, 2010

New York is One of the Most Expensive Places to Insure an Automobile

If you live in North Dakota, you are paying the lowest auto insurances rates in the country.

If you live in New York, you are paying one of the highest.
Although auto insurance rates vary from year to year, a recent survey found that residents of the Great Plains states and those living in the southeast pay the least in auto insurance.

New Jersey is actually the most expensive state to insure a vehicle, followed by Washington DC, New York and Massachusetts.

One of the reasons for such high auto insurance rates on the Eastern seaboard is urbanization, according to experts. Any area with a large and dense population, has heavier vehicular traffic and is statistically more likely to have a larger number of collisions. In addition, large population centers have higher rates of auto-related crimes including car theft and vandalism, all of which contribute to higher car insurance rates.

All hope is not lost, however. The chance of anyone packing their bags and heading West (or South) just to save on car insurance is slim to none, but that doesn't mean that cheap New York car insurance is not available. When you work with the professional insurance experts at CTNY Insurance, you are guaranteed to find the best auto insurance rates in New York and Connecticut.

No comments:

Post a Comment