Is there any aspect of life for Americans that has not been negatively affected by the decisions made by Donald Trump? I doubt it. The consequences of his actions have even reached the price that citizens pay for their car insurance, which is reaching suffocating prices in some states. According to America Online (AOL), the price difference between states is enormous, with California and New Jersey bearing the worst part. The highest average car insurance premiums are found in New York, Louisiana, Florida, Nevada, Michigan, Colorado, California, New Jersey, Rhode Island, and Maryland.
On the opposite side, among the states with the lowest or most affordable premiums, we find Iowa, New Hampshire, Idaho, Vermont, Maine, Hawaii, Indiana, Wyoming, North Dakota, Ohio, and Washington. This makes sense given the results of surveys conducted by Lending Tree, which reflect that 92% of drivers compare and find cheaper offers from other companies. Do you think you are paying a fair price for your insurance, or are you going to compare with other companies?
Consequences of tariffs in the United States
Since the implementation of the tariffs imposed by the administration of Donald Trump during his second term, the North American economy is suffering more and more each day, especially for the average American. The cost of living in general is increasingly high, which has direct consequences on the population, which sees that it is becoming more and more difficult to make ends meet. This has also affected the price of car insurance, which has reached completely exorbitant average figures.
Car insurance prices
According to American Online (AOL), the problem not only lies in the astronomical prices that Americans have to pay to keep their vehicle and their integrity protected in case of an accident, but also in the huge price gap that exists between different states. This price difference depends on factors such as the size of the city, whether the state has a lot of hustle and traffic, which increases the risk on the road.
On the contrary, if you live in a more peaceful state in terms of traffic, the price you pay for your car insurance premium is likely to fall within more reasonable parameters.Take paper and pencil because these are the ones that pay the highest figures in the country:
- New York $4,031.
- Louisiana $3,953.
- Florida $3,874.
- Nevada $3,626.
- Michigan $3,236.
- Colorado $3,230.
- California $3,102.
- New Jersey $3,027.
- Rhode Island $2,960.
- Maryland $2,946.
States where the insurance premium is lower
If you do not reside in any of the states mentioned above, you are still lucky and are among the fortunate ones who pay less for their car insurance:
- Idaho $1,443.
- Vermont $1,491.
- Maine $1,631.
- Hawaii $1,650.
- Indiana $1,704.
- New Hampshire $1,716.
- Wyoming $1,760.
- North Dakota $1,799.
- Ohio $1,823.
- Washington $1,890.
What can I do to not pay so much for my car insurance?
One of the premises used by car insurance companies is loyalty. In theory, the longer you have been a customer of one of these companies, the greater the access to more benefits and advantages will be. However, many consumers are forced to look for alternatives as this advertising offer does not translate into reality.
In fact, Lending Tree has conducted a survey that revealed that more than 92% of drivers compare offers with competing insurers and find cheaper options. One of the tips that few people tend to take advantage of (and that companies usually do not advertise) is to request discounts for low mileage. This type of discount can be requested if you drive fewer miles than an average traveler, thus saving some dollars.
