Preheader Preheader
Call Us Today!
FT Wayne Area

Auto Insurance

Auto Insurance


The average auto insurance expenditure rose from $798 in 2011 to $815 in 2012, according to a December 2014 report from the National Association of Insurance Commissioners. In 2012 (the latest data available), the average expenditure was highest in New Jersey ($1,219.93), followed by the District of Columbia ($1,154.91), and New York ($1,152.45). The 2012 average expenditure was up 2.1 percent from $798 in 2011.

To calculate average expenditures the National Association of Insurance Commissioners (NAIC) assumes that all insured vehicles carry liability coverage but not necessarily collision or comprehensive coverage. The average expenditure measures what consumers actually spend for insurance on each vehicle. It does not equal the sum of liability, collision and comprehensive expenditures because not all policyholders purchase all three coverages.

AAA’s 2015 Your Driving Costs study found that the average cost to own and operate an average sedan was $8,698 in 2014, down almost 2 percent from  $8,876 in 2013. The decline reflects reduced gasoline and finance costs offsetting increases in other areas. Average insurance costs for sedans rose 9 percent, or $92, to $1,115 in 2014 from $1,023 in 2013. AAA insurance cost estimates are based on a full coverage policy for a 47-year old male with a clean driving record for a policy with $100,000/$300,000 bodily injury liability coverage with a $500 deductible for collision and a $100 deductible for comprehensive coverage. Figures are not comparable with the National Association of Insurance Commissioners’ 

Posted 6:40 PM

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2016
  • 2015
  • 2012
  • 2011

View Mobile Version
We service our clients

Our Customers

Home  |  Auto Trader  |  Blog  |  Make a Payment  |  Employees  |  About Us  |   Location Map  |  Indiana BMV  |  Contact Us
Auto Express Insurance 1614 Saint Joe Center Rd | Fort Wayne, IN 46825
M-F 9-6pm Sat 9-12pm
In Indiana: 888-933-6288 | In Ft Wayne Area: 260-486-4434

Powered by Insurance Website Builder