Car insurance feels like gambling, but you always lose.

I feel funny about all types of insurance, really. You dump thousands of dollars of your hard-earned money into the hope that nothing bad ever happens. Health insurance, dental insurance, etc. Big bucks, that feel like you hardly ever use. And when you do, all the insurance companies do is try to get out of paying you. Such a racket...

Insurance Claim Form
kevin mayer
loading...

Of course, the more you use any form of insurance, the more it'll end up costing you. It's almost like taxes, all that money going to someone who it feels like never really does anything to benefit you in return. But taxes are a whole different bone I have to pick with society.

Get our free mobile app

Oddly enough though, Mainers are paying less for car insurance than everyone.

According to a recent study from MarketWatch.com, Mainers are paying the lowest in the country for car insurance. I know it feels like you could start quoting about 50 different commercials right now, but it seems true. Mainers pay a little over $1200 a year on average. Believe it or not, that's 38% below the national average.

Piggy Bank Savings - Male
ryasick
loading...

Many factors can come into play, as far as lowering your bill from year to year. Your age, how many tickets you've had, number if accidents... all these things can make it higher or lower. There are certainly plenty of people in Maine who are paying less than $1200 annually, but that's the average.

Michigan and Florida are both the worst, with rates exceeding $3000 a year. I'm guessing this is because of crime rates, amount of coverage, etc. Still, with all the inconveniences that can come with living in Maine, it's nice to know there's at least one aspect of living where we don't get the short end of the stick.

Thank god car insurance is cheap here, because everything else is expensive...

LOOK: The 25 least expensive states to live in

Here are the top 25 states with the lowest cost of living in 2022, using data Stacker culled from the Council for Community and Economic Research.

Gallery Credit: Aubrey Jane McClaine

LOOK: See how much gasoline cost the year you started driving

To find out more about how has the price of gas changed throughout the years, Stacker ran the numbers on the cost of a gallon of gasoline for each of the last 84 years. Using data from the Bureau of Labor Statistics (released in April 2020), we analyzed the average price for a gallon of unleaded regular gasoline from 1976 to 2020 along with the Consumer Price Index (CPI) for unleaded regular gasoline from 1937 to 1976, including the absolute and inflation-adjusted prices for each year.

Read on to explore the cost of gas over time and rediscover just how much a gallon was when you first started driving.

Gallery Credit: Sophia Crisafulli

LOOK: Here is the richest town in each state

Just saying the names of these towns immediately conjures up images of grand mansions, luxury cars, and ritzy restaurants. Read on to see which town in your home state took the title of the richest location and which place had the highest median income in the country. Who knows—your hometown might even be on this list.

Gallery Credit: Meagan Drillinger

More From WWMJ Ellsworth Maine