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Top 5 States for Auto and Home Insurance Rate Increases

Rates for private auto and homeowners' insurance continued to rise in 2013, according to “RateWatch,” a competitive intelligence report from Perr&Knight, an insurance consulting services company.

 




Top 5 states for auto insurance hikes:

  1. Michigan, 8.6 percent
  2. Georgia, 5.2 percent
  3. New York, 4.3 percent
  4. Delaware, 4.3 percent
  5. Nevada, 4.1 percent

Top 5 states for homeowners’ insurance hikes:

  1. Oklahoma, 12.1 percent
  2. Florida, 11.0 percent
  3. Kentucky, 10.9 percent
  4. Kansas, 10.3 percent
  5. North Carolina, 10.1 percent

 

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