North Carolina the Place for Auto Insurance

 
Auto insurance premiums have a lot to do with where you live. If you live in a small suburb, or out in the country, you will pay less for auto insurance than if you live in the city itself. If you live in a high crime area you will pay more for auto insurance. Heck, even the state as a whole determines how much you pay. If you live somewhere like New Jersey or New York, you are going to pay more for auto insurance than any other state in the union. But if you live other, more rural states, you will find that your auto insurance is not all that bad at all.
 
North Carolina is priding itself on the fact that they are the eighth lowest in the country as far as auto insurance goes. Drivers there will pay an average of $591.11 each year for their insurance. As someone who pays $900+ a year for their auto insurance, it makes one want to move to North Carolina! And they are not even the lowest – that would be North Dakota who’s residents pay an average of $511.79 a year. Iowa comes in behind them with $517.62 per year.
 
North Carolina is also one of the only states to ensure that standard across the board rates are set by the auto insurance companies for their residents. The auto insurance has a cap that can be charged that is set by the state insurance commissioner. Those companies that want to deviate from that rate that is set can do so if they offer discounts, but only then.

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