If you live in Louisiana and drive a Mercedes Benz, you're likely paying among the highest insurance rates in the country today, according to numbers assembled by Insure.com.

According to a recent report by Insure.com, Louisiana took the cake as the state with the highest insurance costs, thanks to a high rate of bodily injury claims and comprehensive claims. The average yearly policy in Louisiana was $2,699, compared to $2,520 in second place Michigan, the only state in the country that guarantees unlimited lifetime benefits for those injured in a car accident.

Motorists in Michigan are hit with a $175 per vehicle yearly assessment that goes directly to the non-profit that administers lifetime unlimited benefits to accident victims, also called the Michigan Catastrophic Claims Association. In recent years, politicians have tried to help curb the high cost of insurance there, but several bills aimed at limiting payouts haven't yet hit the desk of Gov. Snyder.

Georgia comes in third for car insurance, thanks to an abundance of competition in the market, according to Victor Hamby, president of the Professional Insurance Agents of Georgia. He said the market was "ultra competitive" from 2003-2010, and now high claims have insurance companies scrambling to raise rates.

On the flip side, Iowa has the second cheapest insurance rates in the country, thanks to lower populations throughout the state. The most populous city in Iowa, Des Moines, has just 200,000 people. In addition, there aren't as many lawsuits surrounding accidents, according to Terry McDonald, president-elect of the Independent Insurance Agents of Iowa.

Taking the cake with the cheapest insurance rates in the nation is Maine, with its rural nature likely helping keep rates low. "I do think Maine being so rural is a factor in low rates," says Sheila Sawyer, president of the Maine Insurance Agents Association and an agent with Carl M.P. Larrabee Agency Inc. in Wiscasset. "We just don't have much city driving, and people learn to drive in all types of weather." Maine's tight restrictions on young drivers and its graduated licensing program for new drivers also likely help keep accidents (and rates) down, Sawyer says.

According to Insure.com, who assembled the information, the rates are based on the following: rates are based on insurance for a single, 40-year-old male who commutes 12 miles to work each day, with policy limits of 100/300/50 ($100,000 for injury liability for one person, $300,000 for all injuries and $50,000 for property damage in an accident) and a $500 deductible on collision and comprehensive coverage. The hypothetical driver has a clean record and good credit. The rate includes uninsured motorist coverage. Actual rates will depend on individual driver factors.