Texas Auto Insurance Rates Decline 14.2 Percent in 2009
A Texas driver who pays the six-month median rate of $744.00 and earns the Texas median annual income of $41,290 pays approximately 3.60 percent of his or her gross income for auto insurance. By this "affordability factor," Texas is the 18th most expensive state to insure a vehicle. Currently, Massachusetts is the most affordable with a factor of 2.00 percent, while Louisiana is the most expensive with a factor of 6.64 percent...
