Average Auto Insurance

Average car insurance rate by coverage level.

Average auto insurance. It s worth mentioning that this annual study rate is just 75 higher than the rate for sample drivers with low coverage. What is the average car insurance cost by state. That gap narrows for 30 year olds where men pay 100 44 per month for auto insurance while a 30 year old woman on average 102 11. The national average car insurance sample rate for driver profiles with medium coverage is 1 416 according to our survey data.

Michigan is the most expensive with an average yearly premium of 3 466 while maine is the cheapest at 1 062. Moving up to 45 years of age men pay 95 78 per month while. The main culprits for high prices in any state are the presence of a no fault insurance system a high population density and frequent car accidents. After collecting quotes from top insurers across the country we found the average auto insurance rate to be 2 390 per year or 200 per month.

Below you ll find average car insurance cost by age for several common coverage sets for the time when your teen years are in the rear view mirror but much cheaper rates are still a bit further down the road. We examined the average cost of car insurance by state to help drivers estimate how much they should be paying for coverage. Depending on your level of coverage your premium will vary.