Maine has the lowest average car insurance rates in the nation. That's according to Insure
's annual state by state comparison of insurance premiums. Our Kristin Hosfelt explains.
Buying a new car can be daunting, but rest assured, insuring those new wheels will cost you a lot less in the pine tree state.
According to Insure, Maine has the lowest average rates on coverage of new cars, coming in at $934 annually.
Iowa followed with just over a thousand.
And Louisiana and Michigan came in on top with annual premiums at $2,699 and 2,520 respectively.
Insurance agent, Faouzi Tlili, says he's not surprised, based on the state's ruralness and tight restrictions on young drivers.
Tlili says the more restrictions, the better the drivers, and in turn, fewer insurance claims are filed.
In addition, Mainers are used to inclimate weather.
Other factors include the type of car you drive, your age, your marital status, and your driving record.
If you'd like to see how all 50 states ranked, visit Insure.com
Kristin Hosfelt joined WVII ABC 7 and WFVX FOX Bangor News team in September of 2012. Pursuing a career in TV news has been a dream of hers since she first stepped foot in a news studio at 12-years-old. She has a true passion for storytelling and loves knowing each day working in the field, will be different than the day before.
She's a California native and a graduate of San Jose State University with a BS in broadcast journalism. She previously worked as a reporter, anchor, and producer for SJSU's student-run newscast, and interned at KCRA News in Sacramento, CA and NBC Bay Area in San Jose, CA.
When she's not in the newsroom she enjoys cooking, reading, and traveling. She's a Packers Shareholder, a cross fit junkie and she's always looking for the best place to get Mexican food.
She's thrilled to be here on the east coast and if you see her around be sure to say hello!