Happy Wednesday!

In this week's Big I Buzz, we're sharing the priciest places to own a car and why you'll want to join InsurCon's Kickoff Presentation on May 16th. 

Forbes Advisor: Priciest Places in the U.S. to Own a Car

Forbes Advisor recently tabulated the various expenses associated with vehicle ownership to determine the most and least expensive states in the U.S. to own a vehicle. Here are their findings: 

10. Wyoming (tie) - "Drivers in the Equality State have the second highest average monthly auto loan payment ($636) and pay the 13th highest amount for check engine light-related car repairs ($397.79) on average. "

10. Washington (tie) - "Gas prices in Washington are the fourth highest in the nation. ($4.21 per gallon of regular gasoline)."

9. Louisiana - "Louisiana ranked third highest in the nation for two of the metrics that we considered: average annual cost of full coverage car insurance ($3,629), and average monthly auto loan payment ($627)."

8. New Mexico - "Drivers in the Land of Enchantment have the fourth highest average monthly auto loan payment in the nation ($616)."

7. Georgia - "Georgia's drivers pay the fourth highest amount for car repairs ($407.71 on average), and have the eighth highest average monthly auto loan payment ($590)."

6. Maryland - "Maryland is the fifth most expensive state to buy full coverage car insurance ($3,349 per year) and the 11th most expensive state for check engine light-related car repairs ($399.07)."

5. Alaska - "Alaska drivers pay the seventh highest gas prices ($3.84 per gallon of regular gasoline) and have the ninth highest monthly auto loan payment ($583 on average)."

4. Florida - "Florida drivers pay the second highest amount, on average, for full coverage car insurance ($4,326 per year)."

3. Colorado - "Centennial State drivers pay the second highest amount for check engine light-related car repairs ($417.14). 

1. Nevada (tie) - "Gas prices in Nevada are the third highest in the nation ($4.24 per gallon of regular gasoline."

1. California (tie) - "With the second highest gas prices ($4.76 per gallon of regular gasoline) and the third highest average car repair cost (415.66), California tied with Nevada as the most expensive state to own a car in the country."

Read more from PropertyCasualty360 here. 

InsurCon2023's Kickoff Presentation

Gain valuable insights from Brent Kelly, President of Sitkins Group, the leading firm for empowering independent insurance agencies. With his deep expertise and extensive hands-on experience in the insurance industry, Brent has worked with several of the top 100 agencies in the country to help them gain clarity, build consistency and maximize their performance. As a sought-after expert in the industry, Brent has partnered with the Cincinnati Insurance Company and Reagan Consulting as an integral part of the Agency Leadership Institute. 

In our kickoff presentation for this year's event, Brent will share his knowledge and expertise to help you gain influence, maximize your potential and grow your book of business. Don't miss out on this opportunity to learn from one of the best in the business. 

Register now for InsurCon2023 and don't miss this year's kickoff presentation from Brent Kelly. 

Don't forget if you haven't already updated your information to head back to this week's Big I Buzz email so you can receive our monthly email curated for you and your role. For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to add your email to our emailing list.