Insurance Commissioner Adam Hamm reports that North Dakotans are paying the second lowest auto insurance premiums in the nation.
The ranking was indicated in the “Auto Insurance Database Report 2008/2009,” recently released by the National Association of Insurance Commissioners.
North Dakota’s 2009 combined average auto insurance premium of $650 is significantly lower than the national average of $901. According to the report, Iowa is the least expensive state, followed by North Dakota and South Dakota.
Louisiana, the District of Columbia and New Jersey rank as the most expensive locations for auto insurance. Combined coverage is the total cost of liability, collision and comprehensive coverage for a vehicle.
Average combined auto insurance expenditures-2009
Least expensive
- 51. Iowa ($631)
- 50. North Dakota ($650)
- 49. South Dakota ($651)
Most expensive
- Louisiana ($1,270)
- District of Columbia ($1,265)
- New Jersey ($1,218)
Neighboring states
- 24. Montana ($818)
- 16. Minnesota ($777)
Source: North Dakota Department of Insurance
Topics Auto
Was this article valuable?
Here are more articles you may enjoy.
Florida Class Action Targets Litigation Funding Firm Over Data Breach 
South Florida Insurance Broker Pleads Guilty to Fraud in $133M ACA Enrollment Scheme 
Allstate Q1 Income Drops 52% on Record $3.3B Gross Catastrophe Losses 
The Good and Bad About Being an Independent Insurance Agent 
