Car Insurance Per Month Average
The national average cost of car insurance is 1 427 per year according to nerdwallet s 2020 rate analysis.
Car insurance per month average. Because quotes vary for every individual comparing rates is often the best way to find savings on car insurance. The average car insurance cost per month is 140 or 1 690 a year. The average cost of car insurance per month is around 43 25 a month in the uk. Average cost of car insurance by age.
The average cost of a car insurance policy is 937 per year or 78 per month for a policy that meets the minimum requirements of each state. The average car insurance cost per month and annual rates among the largest insurers after a dui can range between 116 monthly or 1 397 annually at american family and 455 a month or 5 454 a year at the auto club group. But the price of your policy will be unique to your situation. This assumes you pay an 22 9 apr on a policy costing 460 per year which is the average annual cost of car insurance.
Based on this trend one could expect that the car insurance rate is set to increase further in 2020. The lowest average age group for car insurance in the uk was for those in their fifties with the average cost of 600. There s a difference of over 4 000 annually between the two carriers. The most expensive places for car insurance are new york washington d c and louisiana.