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As if the rent wasn’t high enough in Los Angeles, according to a report by WalletHub, L.A. county drivers pay the highest auto insurance rates in the state of California
• Among Los Angeles County residents, the city of Glendale takes home the prize for paying the highest premiums in the state, $1,824, or nearly 44% above the average.
• The second most expensive city is Los Angeles, with an average premium of $1, 790.91 or a little over 41% above the state average.
City Avg. Premium Compared to CA State Average1. Glendale $1824.93 43.99%2. Los Angeles $1790.91 41.31%3. Inglewood $1647.77 30.01%4. Santa Monica $1637.31 29.19%5. Burbank $1616.75 27.57%
Top 5 Cities with the Highest Insurance Premiums
City Ave. Premium Compared to CA State Average1. Santa Maria $997.47 -21.30%2. Chico $1093.86 -13.69%3. Santa Barbara $1097.47 -13.41%4. Livermore $1105.90 -12.74%5. Redding $1110.21 -12.40%
Top 5 Cities with the Lowest Insurance Premiums
The rates varied and were based on a variety of factors such as gender, age, geography and race. WalletHub said they
compared premiums offered by seven of the largest insurance providers. According to their report, areas with the highest
concentration of minorities usually have the highest premiums, especially those areas heavy concentrated by
African Americans, with an insurance premium average of $1,655. Areas with a high Hispanic population ranked second
with an average of $1,348.
Other interesting findings include:
• Drivers with two accidents in two years saw a 140% increase on their premium, so keep your eyes on the road!
• That old myth that men usually have higher insurance rates than women is completely false! The study found that men and women have similar car insurance rates with men paying 0.8% less.
Other interesting findings include (cont.):
•Slow down! If you’re charged driving 20 miles over the speed limit or get into a car accident while you were speeding, expect your insurance rates to double.•55 year old pay the lowest premiums, -9% below the average, while 16 year olds pay the highest, with an average rate of $3998.59 or 215% above the average.