Study Claims Auto Insurance Becoming More Affordable

A new study claims that personal auto insurance has become more affordable across all income groups in several states. The study, issued by the Insurance Research Council (IRC), found that all but four states have improved in auto insurance affordability between the 2000s to present. Auto insurance was least affordable in Louisiana, Florida, New York, Delaware, and Michigan. On the other end of the spectrum, auto insurance was most affordable in North Dakota, Iowa, New Hampshire, Virginia, and Wyoming.

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