As per recent studies conducted by online auto insurance quote it has been found that the New York City Metropolitan area’s auto insurance rates are the highest in the US.
According to the study New York is the most expensive state to purchase auto insurance in 2011. The Tri-State members that are New York, Connecticut, and New Jersey have the highest average insurance cost throughout the nation. There are a number of contributing factors such as high crime rates, high population density, as well as poor traffic conditions. These have caused the auto insurance rates to shoot up. New Jersey has ranked No. 1 in the US for the 3rd consecutive year. Connecticut and New York have are also ranked among the top five expensive states to purchase auto insurance.
The high insurance rates seem to be concentrated more around the New York metropolitan area. Auto insurance quote owner James Shaffer has stated that the difference in auto insurance rates in rural Connecticut and Brooklyn are staggering. The insurance rates in New York have always been high, while it is relatively inexpensive in rural areas. For instance, in North Dakota, the average motorist has to pay only $554 per annum to purchase auto insurance but for New Jersey the state average is $1,184 per annum.
Shaffer also added that if people look to save costs on auto insurance they should probably not live in New York City area. He feels it would be cheaper to take the public transportation. He has been an insurance agent all along and it does mean a lot if it is coming from him.
But all is not lost and there are ways and means that residents of New York can make a saving by visiting the company’s website. Here visitors will know some of the best ways to cut down their auto insurance costs even if they live in areas that have exorbitant insurance rates.
Some of the ways to cut the costs are by maintaining a high credit score, good driving record, driving a safe vehicle, and bundling up insurance policies along with the other members of the household.
Some of the other studies that have been done recently include the ‘ten best insurance companies,’ ‘most and least expensive cars to insure’ and the ‘ten most stolen automobiles.’
In this technology-driven age, everything is available at your fingertips including how-to guides, tools, and tips that can help consumers find cheaper auto insurance with the help of these websites.
