Why is car insurance so expensive in Los Angeles?
I consider myself a pretty safe driver. I’ve never been in an accident and the last time I got a ticket was more than 10 years ago. But I moved to Los Angeles recently and my car insurance rate spiked. What gives? Why is car insurance so expensive in Los Angeles?
Answer provided by
- Traffic: Los Angeles has some of the worst traffic in the country, which leads to a higher rate of car accidents.
- Crime: L.A.’s high crime rate can lead to more car theft and vandalism.
- Natural disasters: Natural disasters like earthquakes and wildfires are more common in Los Angeles than they are in many other parts of the country.