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This Article is From Apr 02, 2021

Are You Paying Too Much for U.S. Car Insurance? Try Moving

Are You Paying Too Much for U.S. Car Insurance? Try Moving

If you're searching for a place to lower your car insurance premium, consider Hawaii. Drivers in the Aloha State pay on average as little as 1.28% of their household income on full coverage auto insurance -- the lowest in the nation -- while Louisiana ranks last at 5.27%, according to a study from Bankrate.com. That compares with the national average of 2.44%, or $1,674 per year.

©2021 Bloomberg L.P.

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