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New Yorkers, Floridians pay most – and Mainers least – for auto insurance

New Yorkers, Floridians pay most – and Mainers least – for auto insurance
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New Yorkers, Floridians pay most – and Mainers least – for auto insurance

New Yorkers, Floridians pay most – and Mainers least – for auto insurance
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Auto Insurance Costs Floridians More Than Nearly Everywhere Else In The U S , Study Finds [South Florida Sun-Sentinel] – InsuranceNewsNet

The tally, based on the website’ s True Cost of Auto Insurance in 2022 annual report, compared what 40- year-old drivers with clean driving records and good credit pay across all 50 U.S. states and Washington D.C.. In Florida, the average driver spends 4.42% of their income on auto insurance. In a dollar-for-dollar comparison, Florida drivers pay an average $2,762 a.

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Auto insurance costs Floridians more than nearly everywhere else in the U S , study finds

Florida drivers pay the second-highest share of their incomes on auto insurance in the nation, behind only Louisiana. Why? Basically because we're lousy drivers who get in lots of crashes, we stage crashes with injuries to drive up medical bills, we let windshield installers give us gift cards so they can cheat insurers, and about one in five of us cheat everyone else by driving without insurance at all.

United statesNew yorkPalm beachMark friedlanderProperty casualty insurers association of americaInsurance information instituteTrue costAuto insuranceSouth floridaProperty casualty insurers associationCate deventerFlorida divisionHighway safety

Know Your Coverage – InsuranceNewsNet

Will your home insurance cover it? The answer is yes, because the industry classifies tornadoes as every-day windstorms, rather than singular catastrophic events like earthquakes or floods. Your basic homeowner policy should cover costs to repair damage from a tornado, according to the Property Casualty Insurers Association of America.

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