Average auto insurance premium and expenditure rates rose by less than 1 percent in 2010 from the previous two years, with Louisiana and Washington D.C. holding the top spots for the most expensive states to insure a car, according to the National Association of Insurance Commissioners' latest figures.
The NAIC released its 254 page "Auto Insurance Data Base Report 2009/2010" this week, its latest report on the auto insurance market, which shows average premiums and expenditures rose close to $6 nationally to $907.38.
Insurance Information Institute President and Chief Economist Robert Hartwig says that the figures underscore a general pattern in auto-insurance pricing.
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