NEW YORK (MainStreet) -- According to a Quadrant Information Services study released by Insurancequotes.com, Detroit has the distinction of having the highest automobile insurance rates in the country.
The study ranked the 25 most populated cities in the U.S. According to the study, citizens in Detroit pay a whopping 165% higher on car insurance than the national average.
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It might be just a little ironic that America’s Motor City has won that honor. “There are quite a few reasons for that,” said Laura Adams, senior insurance analyst for Insruancequotes.com. “Michigan’s rates are typically higher than average across the state.”
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Kerri Fivecoat-Campbell is an Arkansas-based journalist who writes for
on personal finance, small business and leisure/travel issues.