NEW HAVEN, Conn. - TelAve -- Plootus today released its Average Car Insurance Cost by State Rankings Report, examining rate data from the National Association of Insurance Commissioners (NAIC) and insurer rate filings. The national average full-coverage auto insurance premium has risen to $2,314 per year ($193/month), up 12% year-over-year.

Driven by climate-related claims, legal environments, and rising vehicle repair costs, state premiums range from $1,083/year in Vermont to $4,941/year in Florida—a $3,858 annual difference. Over a 20-year career, investing that $3,858 premium difference at a 7% average return generates $160,000+ in additional retirement savings.

"Car insurance has quietly become a significant budget drag for suburban and rural households," said the Plootus Research Team. "Where you live plays a larger role in your rate than your personal driving record."

More on TelAve News

• The Villari Firm, PLLC Named to the 2027 Edition of Best Law Firms
• Bacchus Wine & Spirits and Michelin Guide–Recommended Ethel's Fancy to Host Exclusive LOUIS XIII Limited Edition Diwali Decanter Celebration
• Arizona Pest Control Surpasses $200,000 in Contributions to Southern Arizona High School Sports and Education Programs
• ZenaTech (NAS DAQ: ZENA) $1 Million in New Utility Contracts- Potential $2.5 Million Follow-On Opportunity Puts Its Drone Business in the Spotlight!
• New Patient Data Show REQORSA® Activating Cellular Repair Pathways as Roche Collaboration Advances Precision Lung Cancer Strategy for Genprex, Inc

Key Findings:

• National Rates: Average full coverage premium is $2,314/year ($193/month); minimum liability-only averages $621/year.
• Most Expensive States: Florida ($4,941/yr), Louisiana ($4,572/yr), and Michigan ($4,388/yr).
• Least Expensive States: Vermont ($1,083/yr), Ohio ($1,248/yr), and New Hampshire ($1,312/yr).
• Shopping Savings: Drivers who compare quotes across 3+ carriers save an average of 26% on annual premiums.

The report outlines strategic levers for drivers, including multi-policy bundling (10–25% savings), credit score improvements, raising deductibles from $500 to $1,000, and telematics usage-based insurance programs.

"Overpaying $1,500 a year for car insurance isn't just an ongoing nuisance," concluded the Plootus Research Team. "It's $61,500 in lost retirement growth over two decades."

More on TelAve News

• Genuine Hospitality, LLC Selected to Operate Holiday Inn Express & Suites Jacksonville – Town Center
• Shiokly Launches Online Marketplace to Help Singapore Home-Based Businesses Sell More, With First Product Listed Free
• Freight Broker 911 and Milton Collier Introduce "What's The 911?"—A New Podcast Built on Real Talk, Real Freight, and Real Opportunity
• CONNECTSIM Highlights Thailand eSIM Plans as Dry Season Opens and Loy Krathong Approaches
• PropAccount.com Launches PropWallet, Turning Prop Firm Payouts Into Repeat Sales

The full report is available at https://www.plootus.com/car-insurance-costs-by-state.

ABOUT PLOOTUS

Plootus is a free, AI-powered retirement planning platform that helps Americans analyze and optimize their 401k, 403b, 457, and other workplace retirement plans.

Analyze Future LLC (dba Plootus) is a registered investment adviser with the U.S. Securities and Exchange Commission (SEC). Registration does not imply a certain level of skill or training.

Disclaimer: Analyze Future LLC (dba Plootus) may receive compensation for referrals to third-party products and services listed on its Partners page. These referrals are for informational purposes only and do not constitute an endorsement or recommendation. Plootus has not conducted due diligence on, nor assumes responsibility for, any third-party offerings. Users are encouraged to evaluate these options independently before making any decisions.