26. states with high liability car insurance coverage

When we first get our driver’s license, we aren’t thinking about the cost of gas, vehicle maintenance, or insurance premiums. All we can picture is driving down the road and towards our freedom. Once we become adults, we learn that freedom isn’t really free. No longer on mom and dad’s insurance plan, finding liability car insurance coverage that is both comprehensible and affordable can be a struggle. At CoverHound, we help you find the auto insurance plan that works with you and your budget.

Not all Liability Insurance Costs the Same

In the United States, 49 of our 50 states require some form of liability car insurance coverage. (New Hampshire’s the rebel). According to the Insurance Information Institute (III), there are five states as of 2013 that charge a substantial amount of money for liability car insurance. These states include: New Jersey, New York, Louisiana, Florida, and Michigan – in addition to the District of Columbia. Where in the country can you find the cheapest liability coverage? Idaho, Iowa, South Dakota, Maine, and North Dakota.

No Two States are the Same

Now let’s look at the numbers between vastly different states. New Jersey, comes in at a grand total of $1,254.10 annually, while Idaho comes in at a cool $553.38. That is a difference of $700! What is the explanation for this significant difference in auto insurance costs? Now in part, your monthly premiums are based on your personal driving record, age, make, and model of your vehicle, your credit history, and your age and gender. But insurance premiums are also based on traffic highway safety statistics.

According to the State of New Jersey Department of Transportation, in 2013 alone, New Jersey had a total of 289,304 vehicle-related accidents, while Idaho had 22,347, as found by the Idaho Transportation Department. A number of factors account for number of vehicle collisions, including: population, road conditions, and the number of licensed drivers in the state. If you live in a densely populated area (such as the city) insurance agencies list you as part of the urban population, where insurance rates are higher. Why are they higher? Urban areas have higher rates of auto theft and vandalism. For instance, if you park your vehicle on the city street versus in a parking garage, insurance providers consider this a risk, as there is a higher chance your car will be stolen or tagged. This inflates your liability car insurance premium. Though this is the case in every state, we at CoverHound provide you with a large sample of auto insurance quotes so you can get the best and most budget friendly insurance plan.

Numbers and Human Lives

According to the National Highway Traffic Safety Administration (NHTSA), 32,719 people died in traffic collisions nationwide in 2013. Liability auto insurance coverage rates vary by state based on the number of bodily injuries or deaths sustained as the direct result of an accident.

Liability auto insurance covers property damage, medical costs and the funerary costs of the person not at fault in the accident. People are of course, more than numbers. Those that have been hurt or killed in traffic accidents were someone’s spouse, parent, child and friend. Liability insurance helps to remove the financial burden from the family and helps them get back to their new normal. When you have liability auto insurance coverage, you are ensuring that if you are at fault in a traffic accident, you can cover the financial costs of the person you hit. All responsible drivers have liability auto insurance coverage.

Auto insurance was created to serve and protect you. At CoverHound, we find you excellent coverage so you feel good on the road. Learn how to save using our online shopping and comparison tool today!

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