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LendingTree Inc | NASDAQ:TREE | NASDAQ | Common Stock |
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SEATTLE, Sept. 23, 2019 /PRNewswire/ -- On top of taxpayer dollars, it's estimated that driving on roads in need of repair costs motorists $120 billion in vehicle repairs and operating costs - $533 per driver, according to a recent report by QuoteWizard.
QuoteWizard®, a LendingTree company, and one of the nation's leading online insurance marketplaces released its report on States with the Worst Road Infrastructure finding that 61% of highways nationwide are in fair to poor condition. Transportation for America estimates a cost of $231 billion a year to keep our existing road network in acceptable repair.
While analyzing FHA data, QuoteWizard found a correlation between states that use funds to maintain roads and states that rank well overall for road infrastructure. States with poor road infrastructure had higher costs per driver and typically poor road conditions across the board.
Key Findings:
To view the full report, visit
https://quotewizard.com/news/posts/states-with-worst-infrastructure
Methodology
QuoteWizard analyzed Federal Highway Administration data to rank states on the overall quality of road infrastructure. Rankings are a composite score based on a state's rating in the percentage of poor condition roads, the annual cost per motorist from roads in need of repair and percentage of structurally deficient bridges. Rankings 1 to 50 are from 1st as worst overall road infrastructure and 50th as best overall road infrastructure.
Rank Overall | State | % of roads in | Cost per | Bridges (% | Road repair as |
1 | Rhode Island | 53% | $823 | 23.26% | 20% |
2 | Oklahoma | 33% | $900 | 14.01% | 27% |
3 | West Virginia | 31% | $723 | 18.98% | 19% |
4 | Mississippi | 30% | $820 | 11.76% | 4% |
5 | Pennsylvania | 30% | $610 | 18.31% | 22% |
6 | New Jersey | 34% | $703 | 8.84% | 57% |
7 | California | 45% | $862 | 6.24% | 35% |
8 | Missouri | 23% | $699 | 12.6% | 20% |
9 | Louisiana | 25% | $624 | 14.1% | 22% |
10 | New Mexico | 31% | $768 | 6.27% | 39% |
11 | Wisconsin | 29% | $736 | 8.73% | 33% |
12 | Connecticut | 34% | $676 | 7.83% | 21% |
13 | Hawaii | 42% | $764 | 5.81% | 31% |
14 | Michigan | 24% | $645 | 10.5% | 54% |
15 | Massachusetts | 30% | $627 | 9.28% | 23% |
16 | Maine | 22% | $529 | 13.26% | 65% |
17 | New Hampshire | 25% | $525 | 10.89% | 45% |
18 | South Dakota | 14% | $563 | 18.58% | 69% |
19 | South Carolina | 18% | $557 | 9.91% | 32% |
20 | Washington | 29% | $643 | 4.84% | 21% |
21 | New York | 19% | $509 | 10.52% | 43% |
22 | Illinois | 19% | $586 | 8.6% | 40% |
23 | Colorado | 22% | $637 | 5.59% | 30% |
24 | Alaska | 20% | $450 | 10.51% | 39% |
25 | Utah | 22% | $694 | 2.85% | 26% |
26 | North Dakota | 10% | $479 | 14.02% | 68% |
27 | Kansas | 10% | $591 | 8.45% | 33% |
28 | Ohio | 18% | $544 | 6.04% | 40% |
29 | Iowa | 9% | $362 | 20.92% | 40% |
30 | Nebraska | 7% | $466 | 14.72% | 53% |
31 | Alabama | 14% | $506 | 7.44% | 41% |
32 | Arizona | 19% | $576 | 2.47% | 15% |
33 | Montana | 11% | $472 | 9.71% | 45% |
34 | Minnesota | 15% | $542 | 5.31% | 31% |
35 | Indiana | 13% | $480 | 7.43% | 20% |
36 | North Carolina | 13% | $336 | 10.19% | 11% |
37 | Texas | 11% | $682 | 1.57% | 15% |
38 | Delaware | 19% | $486 | 4.43% | 19% |
39 | Arkansas | 9% | $543 | 5.94% | 19% |
40 | Kentucky | 10% | $434 | 7.77% | 30% |
41 | Nevada | 14% | $536 | 1.59% | 21% |
42 | Wyoming | 8% | $356 | 9.91% | 54% |
43 | Vermont | 17% | $418 | 5.23% | 46% |
44 | Idaho | 5% | $427 | 8.74% | 36% |
45 | Virginia | 10% | $430 | 5.92% | 19% |
46 | Maryland | 11% | $356 | 5.62% | 20% |
47 | Oregon | 7% | $268 | 5.44% | 25% |
48 | Florida | 8% | $351 | 2.14% | 37% |
49 | Georgia | 5% | $275 | 4.65% | 34% |
50 | Tennessee | 5% | $194 | 4.72% | 16% |
About QuoteWizard QuoteWizard (quotewizard.com) is an insurance comparison marketplace for consumers looking to save on insurance. QuoteWizard provides consumers with direct access to thousands of qualified agents in all 50 states, as well as major carriers, who offer personalized quotes and the opportunity to save up to 40% on auto, home, health, and life insurance. Agents and carriers, in turn, benefit from millions of highly qualified leads, calls, and traffic to their site. Based in Seattle, QuoteWizard was founded in 2006.
For more information, go to www.quotewizard.com, like our Facebook page and/or follow us on Twitter @quotewizard.
About LendingTree LendingTree (NASDAQ: TREE) is the nation's leading online marketplace that connects consumers with the choices they need to be confident in their financial decisions. LendingTree empowers consumers to shop for financial services the same way they would shop for airline tickets or hotel stays, comparing multiple offers from a nationwide network of over 500 partners in one simple search, and can choose the option that best fits their financial needs. Services include mortgage loans, mortgage refinances, auto loans, personal loans, business loans, student refinances, credit cards and more. Through the My LendingTree platform, consumers receive free credit scores, credit monitoring, and recommendations to improve credit health. My LendingTree proactively compares consumers' credit accounts against offers on our network and notifies consumers when there is an opportunity to save money. In short, LendingTree's purpose is to help simplify financial decisions for life's meaningful moments through choice, education, and support. LendingTree, LLC is a subsidiary of LendingTree, Inc.
Media Contacts:
Jericka - jericka@lendingtreenews.com
Nathan - nathan@lendingtreenews.com
Related Links
https://quotewizard.com/
https://quotewizard.com/news/posts/states-with-worst-infrastructure
View original content to download multimedia:http://www.prnewswire.com/news-releases/rhode-island-oklahoma-and-west-virginia-top-the-nation-for-worst-road-infrastructure-300923387.html
SOURCE QuoteWizard
Copyright 2019 PR Newswire
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