Topic:- How much does insurance cost for a smart car USA 2021?
According to a report from the National association of Insurance Commissioners Car insurance will cost you approx $1134 per year but it depends on the number of the factors like zip code, credit score, age, marital status, driving record, How much coverage you decided to buy and many other things. specific kinds of insurance make up your policy and also will help you to determine the cost of your insurance more about How much does insurance cost for a smart car USA 2021 ?
Types of smart car insurance according to their coverage type-
It is a part of general insurance most state required to have liability insurance. Liability insurance protect you from the cost incurred due to damage caused to their property and injury cause to them with your car.
Comprehensive and collision insurance–
Collision insurance are always bought in combination with comprehensive insurance and a third party liability insurance
Comprehensive insurance provides protection to your care caused due to the outside forces that are not in your control storm, vandalism, theft etc. It also provides protection to your car against act of terrorism or damage caused by the impacts with animal.
Uninsured/underinsured motorist insurance-
Uninsured/underinsured motorist insurance provide protection to your car when the damage caused to your car due to fault of the other party
Gap insurance pay you when your car is stolen, or wrecked beyond repair
Here is the list of most state for expensive car-
These are the most expensive car cities Louisiana, Michigan, New York, Rhode Island, and Washington D.C. Check out the below bar graph representing the average cost of car insurance in these cities.
Here is the list of cheapest state for car insurance-
These are the cheapest state for car insurance Maine, Idaho, Iowa, Wisconsin, and North Dakota etc.Check out the below bar graph representing the average cost of car insurance in these cities.
Annual cost of car insurance according to type of car-
Cost of the car insurance also depend upon the type of the vehicle your drive. Check out the below chart to find out the annual cost of car insurance premium that you have to pay according to the vehicle type.