Florida ranks No. 4 in the country in car insurance costs in a survey announced Wednesday, providing more fuel for debate on whether the state should kill its no-fault Personal Injury Protection insurance system or continue trying to cut benefits in a bid to curb fraud.
Car insurance costs of $1,042 annually put Florida behind only New Jersey ($1,119), Louisiana ($1,103) and New York ($1,062) and nearly double least expensive South Dakota ($524), Bankrate.com of North Palm Beach calculated.
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Car insurance costs
Rank State Insurance cost
1. New Jersey $1,119
3. New York $1,062
4. Florida $1,042
50. South Dakota $524
Source: Bankrate.com using median annual insurance premiums provided by the National Association of Insurance Commissioners, for 2006 to 2010.