In Depth Car Insurance News & Research

Ways to Lower The Cost of Car Insurance in Sacramento, CA

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By: Gokul Menon October, 11, 2019

Sacramento is the capital and the sixth-largest city in California. Sacramento has a population of 505,000. Car owners in Sacramento pay $1,662 on  average in car insurance payments. The lowest they pay is $1,122. The average car insurance rates in the state of California jumped from $750 in 2010 to over $1,750 by 2013. When a person applies for an auto insurance policy in the state of California, car owners are asked to give more importance to their previous driving record, miles driven, and years of driving experience over ZIP codes and other factors.

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Average Rate of Car Insurance in San Antonio, TX is $1,500

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By: Gokul Menon October, 11, 2019

The average rate of car insurance in the state of Texas is $1,500. Residents of San Antonio can breathe a sigh of relief as the average is slightly lower than the state average. The population in San Antonio though, is rapidly rising. It adds almost 60 people in a day. Gavop’s research found the average cost of insurance in San Antonio is $1,375. The lowest that a car owner in San Antonio has to pay is $1,165 and the highest that one would have to pay is $1,696. The state capital of Texas,  Austin has an average car insurance rate of $1,284, while the city of Houston, pays a massive $1,512 on the same. This clearly indicates that the cost of insurance changes depending on one’s area of residence.

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Top 5 Car Insurance Companies by Market Share in Los Angeles, CA

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By: Gokul Menon October, 11, 2019

Home to over 4 million Americans, Los Angeles is the largest city in California and the second-largest city in the U.S in terms of population.The average rate of car insurance in California is $1,800. With auto insurance priced at an average of $2,076 per annum in Los Angeles, it is clear that insuring your automobile is quite expensive in Los Angeles. This is largely because a bigger population translates to a higher number of motorists on the road, which ultimately makes insurance rates more expensive. However, by comparing rates and reviews, car owners in Los Angeles can save $830 annually in car insurance costs. Using market share data gathered for Los Angeles, Gavop rounds up the top five insurance companies in Los Angeles. 

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Manchester, NH, Average Car insurance Rate Is $1383

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By: Shravya Reddy October, 09, 2019

Car insurance rates in Manchester is $271 more expensive than the state average of $1112 in New Hampshire. Research done by Gavop found that the average car insurance premium in Manchester is $1383 per year. In comparison, drivers in New Boston, NH, pay a yearly average car insurance premium of $690. Residents in Bow, NH, will find car insurance rates lower by $563 in comparison to Manchester. Moreover, a short distance away, in Raymond, NH, the prices are slightly lower than Manchester at $1290.

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Top 5 Car Insurance Companies In Portland, Maine

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By: Shravya Reddy October, 09, 2019

Drivers in Portland, Maine, pay an average of $788 per year in car insurance rates. According to the U.S. Census Bureau, commuters in the city with a population of 66,417, spend a median travel time of 19.1 minutes behind the wheel. The more time drivers spend on roads, the higher the likelihood of being in an accident. Most insurers offer discounts to drivers with low mileage. Apart from that, factors that could impact insurance costs include driver history, age, car model, claims history, and location. By comparing rates and reviews, drivers in the city can save $320 on annual car insurance payments. Using NAIC's market share data gathered for Maine, Gavop rounds up five of the most popular insurance companies in Portland.

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Top 5 Car Insurance Companies In Miami, Florida

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By: Shravya Reddy October, 08, 2019

With a population of 2,761,581, Miami is one of the most densely populated cities in Florida and the United States. Popularly known for its sprawling sandy beaches and a diverse population of ethnicities, Miami is also notorious for traffic congestion. In a survey done by NRIX, Miami ranked 10th out of 1,360 on the Global Traffic Scorecard rank for the world's most congested cities. For insurers increased traffic means more collisions, more claims, and higher insurance premiums for drivers in Miami. The average annual cost of car insurance in Miami is $2453 and could go as high as $3732, among the highest in the country. According to data gathered by the Insurance Research Council, another reason for high insurance rates in Miami is that 26% of Florida's drivers are uninsured and considered high-risk. However, by comparing prices and quotes, drivers in the Magic City can save $980 on car insurance.

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Dover, DE, Car insurance Rate Is As Cheap As $1144

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By: Shravya Reddy October, 08, 2019

Dover, the capital city of Denver, is home to Delaware State University and Wesley College. Delaware has mandatory car insurance minimums like most states. It is a state law that all at-fault drivers pay for the damages, and that all drivers with insurance carry uninsured motorist coverage. Zimlon's research estimates the annual average car insurance premium in Dover is $1462. Dover drivers can also pay as high as $1820 and as low as $1144 in premiums. By comparing multiple quotes and reviews, drivers in Dover could save $580 on car insurance. Location, driving record, age, gender, marital status, and car model play a considerable role for insurers in calculating the cost of insurance.

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Virginia Beach, VA, Car Owners Can Save $440 Per Annum

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By: Shravya Reddy October, 09, 2019

Virginia Beach drivers pay an average of $1099 in car insurance rates per year. The most populous city in the state of Virginia, Virginia Beach has a population of 450,189. In research done by Gavop, Virginia Beach drivers can save $440 per annum by comparing car insurance quotes and reviews. Although not as expensive as the state average of $1323, Virginia Beach drivers can pay as high as $1736. Based on various factors including but not limited to, age, gender, driving history, zip code, marital status, and car model, insurers determine the cost of car insurance.

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Durham, NC, Car Insurance Rates Range From $713 to $1353

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By: Shravya Reddy October, 08, 2019

The average rate of car insurance in Durham, North Carolina, is $989 annually. According to the US Census Bureau, Durham has a population of 316,739, making it one of the fastest-growing cities in North Carolina. To create safer roads for drivers in Durham, residents can enroll in Durham's Pace Car Program, to help raise awareness around travel speed in the community. Zimlon found the average car insurance premium in Durham can vary from a low of $713 to a high of $1353 per annum depending on (not limited to) age, gender, marital status, driver history, and car model. In Durham, married men pay $426 more than married women. By comparing quotes and reviews, Durham drivers can save $400 in annual car insurance rates.

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El Paso, TX, Car Owners Can Save $500 Per Annum

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By: Shravya Reddy October, 07, 2019

Located in western Texas, El Paso is considered to be one of the safest cities in the state. In research done by Gavop, El Paso is reported to have an average car insurance premium of $1254. By comparing car insurance quotes and reviews, residents in El Paso can save $500 per annum. Although not as expensive as neighboring Canutillo, TX, where drivers pay $2120 in premiums per year, El Paso drivers can pay as high as $1573. Based on various factors including but not limited to, age, gender, driving history, zip code, marital status and car model, insurers determine the cost of car insurance.

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