For most people, the average cost of disability insurance is between $250 and $500 per year. However, the cost of disability insurance varies depending on a number of factors, including your age, occupation, and health.
While this may seem like a lot of money, it is important to remember that the cost of living does not decrease when someone becomes disabled.
In fact, the costs of medical care and other necessary expenses often increase. As a result, buying disability insurance can be an invaluable financial safety net for people who are unable to work.
Average Disability Insurance Rates By State
|
STATE |
AVERAGE ANNUAL PREMIUM |
STATE |
AVERAGE ANNUAL PREMIUM |
|---|---|---|---|
|
Alabama |
$0 |
Montana |
$0 |
|
Alaska |
$0 |
Nebraska |
$0 |
|
Arizona |
$0 |
Nevada |
$0 |
|
Arkansas |
$0 |
New Hampshire |
$0 |
|
California |
$0 |
New Jersey |
$0 |
|
Colorado |
$0 |
New Mexico |
$0 |
|
Connecticut |
$0 |
New York |
$0 |
|
Delaware |
$0 |
North Carolina |
$0 |
|
District Of Columbia |
$0 |
North Dakota |
$0 |
|
Florida |
$0 |
Ohio |
$0 |
|
Georgia |
$0 |
Oklahoma |
$0 |
|
Hawaii |
$0 |
Oregon |
$0 |
|
Idaho |
$0 |
Pennsylvania |
$0 |
|
Illinois |
$0 |
Rhode Island |
$0 |
|
Indiana |
$0 |
South Carolina |
$0 |
|
Iowa |
$0 |
South Dakota |
$0 |
|
Kansas |
$0 |
Tennessee |
$0 |
|
Kentucky |
$0 |
Texas |
$0 |
|
Louisiana |
$0 |
Utah |
$0 |
|
Maine |
$0 |
Vermont |
$0 |
|
Maryland |
$0 |
Virginia |
$0 |
|
Massachusetts |
$0 |
Washington |
$0 |
|
Michigan |
$0 |
West Virginia |
$0 |
|
Minnesota |
$0 |
Wisconsin |
$0 |
|
Mississippi |
$0 |
Wyoming |
$0 |
|
Missouri |
$0 |
|
|