What is the average price paid for car insurance? It is difficult to answer to such a question. It is based for the most part on where you reside, instead of on the type of car you own, as many believe.
City dwellers or people in urban areas need to spend more on car insurance than those who reside in the country. There will be a greater chance of an accident if there is more traffic on the road.
A lot of factors play into the amount of premium an insurance-seeker will have to pay, including age, but the most attention is given to the likelihood that the insurance company will have to pay out a claim.
For people in Washington, DC the average annual payment for car insurance is $1,164. The average in North Dakota is $530, which is less than 50%. Quite a difference!
Other things that affect the amount you pay for car insurance are your age, the amount you drive every year and of course, your good driving record. The place you park your car also affects the cost of car insurance – a locked garage is much preferable to parking in the street.