Auto Insurance Rates Vary Dramatically By Month

By: WOWT Email
By: WOWT Email

Auto insurance rates varied 25.3 percent in Nebraska last year, ninth most in the nation according to a new insuranceQuotes.com report. The lowest rates occurred in October/November and the highest in April.

Hawaii’s 47.9 percent variance led the nation, followed by Wyoming (39.7 percent), Washington, D.C. (35.3 percent) and Maryland (34.8 percent). The smallest differences were in South Dakota (3.7 percent), Arkansas (4.4 percent), Utah (4.9 percent) and Iowa (5.7 percent).

Nationally, auto insurance rates ranged 7.5 percent from the cheapest month (December) to the most expensive (March).

“All of this illustrates why it’s so important for consumers to regularly shop for car insurance,” said Laura Adams, senior analyst of insuranceQuotes.com. “For example, while December was the cheapest month nationally, it was actually the most expensive in 11 states. You won’t know whether you’re getting a good deal unless you compare at least three different quotes.”

Click here to view the entire list of auto insurance rate variability by state.


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