Recently, the National Association of Insurance Commissioners did a study on the best and worst places in the country for auto insurance.  The study showed that drivers living in the Northeast pay the highest premiums.

The most costly state was New Jersey.  Its average premiums are more that $1,300 per year.  Our nations capital, Washington D.C. came in second with the average premiums over $1,185.  New York came in third with average premiums being over $1,110.

The study showed that elevated insurance costs in those areas are due to urban driving matters, high salaries, and dense traffic.  Also, costs for the liability insurance premiums that are average are elevated in the Northeast.

Northern and Midwestern states ranked as the lowest costs for insurance premiums.  Iowa has the lowest overall insurance at $530 per year.  Maine comes in second with $560 per year, and North Dakota is next at $570 per year.

This study shows that your location plays a key role in your auto insurance costs.  Consumers are paying more than ever for their automobiles with the costs of insurance, new car warranties, and maintenance.