Percentage of Annual Income Paid Toward Auto Insurance Around the World Ranks the U.S. as Fifth

Perrysburg, OH, April 26, 2013 --(PR.com)-- A growing concern for many consumers is the auto insurance rates they pay annually compared with their annual income; however, the U.S. ranks lower than many other countries. The AutoInsuranceCenter.com recently released an infographic comparing insurance rates around the world, and also among U.S. states, to educate consumers while providing interesting statistics.

The infographic, “Car Insurance Rates Around the World,” lists Japan as the country with the lowest percentage of income going to auto insurance at only 1%, while Grand Manchester and Liverpool citizens pay 6.9% annually. Additionally, AutoInsuranceCenter.com ranks domestic U.S. states with Maine at the lowest percentage at 2.3% and increasing to 6.6% for Louisiana residents.

“Car insurance is a necessity for vehicle owners, and many variables determine the rate that consumers will pay,” said Pete Schilling, Vice President of Marketing for AutoInsuranceCenter.com. “The population density, crime rate, probability of natural disasters, and cost of living are all factored in. The infographic showing the highest rates domestically reflect those considerations.”

To see where your state ranks, and how the U.S. compares with other countries, visit: http://www.autoinsurancecenter.com/car-insurance-rates-around-the-world.htm.