Does the Fed have a liberal bias? – Crain’s Cleveland Business

Posted: March 8, 2022 at 10:54 pm

It's getting really expensive to operate a car as gas prices soar, but Ohioans have one big advantage over residents of most states, according to this NerdWallet analysis posted on MarketWatch.

NerdWallet examined car insurance rates in all 50 states and Washington, D.C., and found that the average cost is $1,630 per year with some significant state-by-state variations.

In the most-expensive state, Louisiana, it costs $2,839 per year to insure a car. Michigan is second, at $2,112, and Florida is third, at $2,082.

By contrast, Ohio was among the five least-expensive states, at $992 per year. Ever-frugal Maine led the way, at $858.

The analysis found that in general, "states with cheaper car insurance may have lower levels of required car insurance, more insurance company competition, lower crime rates, lower rates of uninsured drivers, fewer total claims from drivers, drivers who overall drive fewer miles and/or less extreme weather."

Ohio's a little hit-or-miss on those criteria, but we'll take the lower-than-typical rates.

Continued here:

Does the Fed have a liberal bias? - Crain's Cleveland Business

Related Posts