Infographic - Affordability on Auto Insurance in the United States

When we look at the cost on auto insurance, we need to look at the affordability on auto insurance. The cost on insurance premium alone is not a sufficient factor to determine the affordability on auto insurance; it is an important factor, but a hundred-dollar bill represents a different meaning to everyone.

The affordability on auto insurance is better presented when comparing the average cost on insurance premium with the average household income. We have created an infographic explaining this concept:

 

 

For a complete list of data, visit: Auto Insurance Industry in Different States

Previously on Our Insurance Blog