Car-insurance rates depend on a litany of factors: driving record and claim history, gender, age, marital status and more. Then there's the elephant in the room — location, location, location. That alone can multiply your rates by nearly eightfold, according to a new study by CarInsurance.com. The Foster City, Calif., insurance comparison site compared rates across six major auto-insurance carriers for a 2014 Honda Accord with a 40-year-old male owner who commutes 12 miles per day and has a clean record and good credit, with typical policy and deductible terms.
Related: Detroit Tops U.S. In Car Insurance Costs
The result? Detroit's 48227 ZIP code has the highest annual rate by a lot, averaging annual premiums of $5,109. That's 130 percent more than Michigan's average, according to CarInsurance.com. But just 102 miles south, Green Springs, Ohio's 44836 is the cheapest ZIP code in America, averaging just $647 for the same coverage.
New York City's Brooklyn borough's 11226 ZIP code and Philadelphia's 19132 ZIP code round out the priciest locales, while Arden, N.C., and Saco, Maine, join Green Springs in discount territory. Want to know the priciest and cheapest ZIP codes, according to CarInsurance.com? Read on.