A recent report from the National Association of Insurance Commissioners (NAIC) notes that Kansas residents paid an average of $542.01 for auto coverage in 1999, the seventh lowest rate in the nation.
The Kansas rate ranks less than half of what New Jersey drivers pay, sporting the highest expenditures/premiums in the nation at $1,200, and more than $100 cheaper than the median average expenditure in the country.
According to the study, the 1999 nationwide average expenditure was $643, a drop of 2.96 percent from the previous year. Twenty-one states along with the District of Columbia had an average expenditure more than the national average. Meantime, 29 states had an average expenditure less than that of the national average, with the median average expenditure coming in at $655.
Was this article valuable?
Here are more articles you may enjoy.
Binance’s $6.3 Billion Hack: How Crypto Insurance Works 
Chubb CEO Greenberg: Industry Has to ‘Put Arms Around’ AI Liability 
Florida Agency Owner and Unlicensed Agent Charged in Fake Certificates Scheme 
World’s Largest Retirement Community Set to Borrow $180 Million for More Homes 
