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States where insurance premiums have exploded

Looking at insurance premium data reveals a lot. If a location is seeing an increase in insurance premium volume, it could be a sign of economic development as new homeowners and businesses require policies.

It could also be an indication of underlying issues. For example, a place prone to flooding, like Louisiana, may see more expensive premiums.

 Another example would be Georgia, where the most accident-prone highways have led to a spike in auto insurance costs.

That’s why we’ve decided to analyze state-by-state insurance premium data sourced from the Insurance Information Institute (III) to tell you which states and their residents have seen the biggest increases in insurance premium costs over the last decade.