Shopping for car insurance and comparing quotes can be overpowering if you don ’ t have a approximate range idea of how a lot car insurance should cost. To equip you with that cognition, researched median car insurance costs based on diverse driver profiles and rates collected from up to six major car indemnity companies in every state .

How much is car insurance per month?

The average cost of car indemnity is $ 147 a calendar month, or $ 1,758 per class, for a full moon coverage policy.

Your cost may be higher, lower or somewhere right around that average .
The sum you pay for car policy per calendar month depends on several factors. here are some of the main factors specific to you that insurance companies will use to determine your rate :

  • How much car insurance you buy
  • Driving record
  • Credit score
  • Vehicle type
  • Gender
  • Number of years you’ve been driving
  • Age
  • Location

Key Takeaways

  • You can purchase a full coverage policy to insure your car, that costs $147 a month, or $1,758 per year, on average.
  • It is cheap to insure trucks and vans than cars. You can get insurance coverage for vans with the lowest average cost of $1,515 per year.
  • Compare quotes from at least three different insurance companies before you renew your plan. Choose the company that offers the best price.
  • Make sure you have a credit score of 650 or higher because insurance providers use your credit score to determine your insurance rates.

Average car insurance cost per state

average monthly car policy rates by state are outlined in the chart below. Rates are based on buying a full coverage policy, assuming good credit rating and a fairly drive record .
enroll your department of state in the search plain below to see the average car indemnity pace for your express .


Full Coverage Annually

Monthly Rate

Alaska $1,560 $130
Alabama $1,713 $143
Arkansas $1,763 $147
Arizona $1,783 $149
California $2,125 $177
Colorado $1,948 $162
Connecticut $2,036 $170
DC $2,188 $182
Delaware $1,921 $160
Florida $2,162 $180
Georgia $1,865 $155
Hawaii $1,589 $132
Iowa $1,352 $113
Idaho $1,285 $107
Illinois $1,538 $128
Indiana $1,266 $106
Kansas $1,689 $141
Kentucky $2,368 $197
Louisiana $2,601 $217
Massachusetts $1,466 $122
Maryland $1,816 $151
Maine $1,080 $90
Michigan $3,151 $263
Minnesota $1,619 $135
Missouri $1,798 $150
Mississippi $1,684 $140
Montana $1,963 $164
North Carolina $1,425 $119
North Dakota $1,577 $131
Nebraska $1,500 $125
New Hampshire $1,086 $91
New Jersey $1,993 $166
New Mexico $1,604 $134
Nevada $2,402 $200
New York $2,062 $172
Ohio $1,191 $99
Oklahoma $1,815 $151
Oregon $1,496 $125
Pennsylvania $1,700 $142
Rhode Island $2,040 $170
South Carolina $1,653 $138
South Dakota $1,643 $137
Tennessee $1,493 $124
Texas $1,823 $152
Utah $1,492 $124
Virginia $1,196 $100
Vermont $1,410 $118
Washington $1,620 $135
Wisconsin $1,335 $111
West Virginia $1,654 $138
Wyoming $1,782 $149

Average cost of car insurance by vehicle type

The type of fomite you drive can make a significant dispute in your cable car insurance cost. You ’ ll find the median cost of entire coverage car insurance for each vehicle type in the chart below, assuming thoroughly citation and a clean drive record .
People are frequently surprised to discover that trucks and vans are, on average, cheaper to insure than cars. Vans come in with the lowest median cost to insure at $ 1,515 per year, with trucks not far behind at $ 1,750 per year. Tesla ’ s top the price to insure list at $ 3,110 per year .

Vehicle Type Average Annual Rate for Full Coverage
Trucks $1,750
SUVS $1,801
Vans $1,515
Cars $2,209
Convertibles $2,475
Electric cars $2,575
Teslas $3,110

Average cost of car insurance by gender

Although policy companies using gender as a agent in determining car insurance rates is an ongoing controversial issue, only seven states have banned it .
In all other states, gender is a determining factor for car insurance rates. Statistics support the theory that men are a higher gamble to insure and are involved in more accidents, speeding and DUI convictions than women .
As long time increases, the sex insurance opening decreases for respective decades. In quotes collected by and Quadrant Information Services in 2018, a 20-year-old serviceman was quoted at $ 523 higher than a 20-year-old womanhood. By old age 55, there was entirely a $ 36 dispute, but the gap started to widen again after age 55 .

Gender Average Annual Rate for Full Coverage
35-year-old female $1,099
35-year-old male $1,148

As you ’ ll go steady in the table below, the younger the historic period, the higher the policy. That is until you reach historic period 65. In addition to teens and young drivers being considered a higher risk ascribable to inexperience, there are statistics behind why policy companies consider younger long time to equal higher risk .
Compounding the higher monetary value is the fact that younger people by and large do not have experience with shop for fiscal products such as policy. Dr. James Brau, the Joel C. Peterson professor of finance and editor-in-chief of the Journal of Entrepreneurial Finance at Brigham Young University ’ s Marriott School of Business points out that based on his experience as a teacher, “ Off the acme of their heads, most students do not know of particular websites or services to compare indemnity providers. ”
even thus, Dr. Brau points out that greater casualness with computers and the internet can be a way younger people can make up for being newfangled to shopping for fiscal products. “ Computer literacy seems to compensate to some degree for miss of fiscal literacy, ” he says. “ Motivated students can scour the internet to compare indemnity products. They can besides Google around to learn terms and concepts they have never been taught .
average car policy costs for a 20-year-old are 129 % higher than they are for a 60-year-old. Rates decrease with each year of age. But after old age 65, rates begin to increase as senior drivers are besides considered higher risk by insurance companies .

Age Average Annual Rate for Full Coverage
20 $3,454
30 $1,763
40 $1,720
50 $1,569
60 $1,507
70 $1,626

How to get affordable car insurance

here are some tips to help you get low-cost car insurance :

  • Shop around. Get comparable quotes from at least three different insurance providers before every renewal period and go with the best value. We’ve included the top cheapest car insurance companies below to give you a head start.
  • If you lack experience with insurance shopping, benefit from the experience of others. Dr. Brau suggests: “Talk with people older than you, who you respect. Ask your parents, aunts, uncles, professors, etc.” 
  • Don’t drop your coverage. Even if you go a period without a car, consider a non-owners policy to avoid gaps in coverage. Insurers frown upon coverage gaps and it could affect your future rates.
  • Increase your deductible. Selecting a higher deductible can result in a lower premium. However, this is only a good option if you can afford to pay the deductible if needed.
  • Look for discounts. Most insurance companies offer a variety of discounts for which you may qualify.
  • Have a credit score of 650 or higher. In most states (Hawaii, California and Massachusetts are the exceptions), auto insurers can use your credit score in pricing your policy. Drivers with lousy credit pay 71% more, on average than those with good credit, found in a rate analysis.

Top cheapest car insurance companies

Company Name Average Annual Rate for Full Coverage
Geico $ 1,200
Nationwide $ 1,619
State Farm $ 1,505
Farmers $ 1,343
Progressive $ 895
Allstate $ 2,164

Frequently asked questions about the cost of car insurance

How much is car insurance for a 20-year-old?

The national annual average rate for a standard liability car policy policy for a 20-year-old is $ 1,329. This policy comes with indebtedness limits of 50/100/50, which stands for $ 50,000 for bodily injury per person, $ 100,000 for all injuries in one accident and $ 50,000 for property damage. A state minimal policy costs less, an average of $ 1,175. A premier recommended policy with limits of 100/300/100 plus collision and comprehensive coverage has an average rate of $ 3,454 .

How much is car insurance for a 25-year-old?

Hitting 25 years of age helps bring down the monetary value of car indemnity. The annual average nationally for a 25-year-old is $ 737. That is for a standard indebtedness policy that includes $ 50,000 for bodily injury per person, $ 100,000 soap for all injuries and $ 50,000 of place damage ( 50/100/50 ). A bare-bones state minimum policy price is a morsel less at $ 657. You need a full-coverage policy for certain if your car is leased or financed has an average annual pace of $ 1,957 .

How much is car insurance for an 18-year-old?

car indemnity for an 18-year-old will average at $ 2,172 annually for a standard indebtedness policy with limits of 50/100/50. That stands for bodily injury of $ 50,000 per person and $ 100,000 per accident plus property damage of $ 50,000. A submit minimum policy is cheaper at $ 1,910 but not recommended as novice drivers are more likely to crash and thus carry higher limits. A full-coverage policy comes in at $ 5,399 – costly but worth it if you need collision and comprehensive examination on your vehicle .

How can comparison shopping lead to low insurance rates?

You can check all the boxes of being a low-risk driver, but it is hush essential to find an insurance company with competitive price. monthly car insurance costs can vary greatly, tied for the most low-risk drivers .
If you know you have the advantage of being a low-risk driver, you know you deserve a bang-up price, and you can likely find it by getting quotes from multiple policy companies.

On the contrary, are your traits as a driver preventing you from getting the lowest rates ? here are some early ways to save money on car policy .

How can I find average car insurance prices for my vehicle?

To get an mind of car insurance prices for a especial vehicle, practice ’ s Car Insurance Estimator, which shows rates for more than 3,000 2021 models. cable car policy prices should always be considered as part of the budget when denounce for a cable car. insurance costs can promptly push an low-cost vehicle out of achieve. The comparison tool, located at the bottom of this page, makes comparing policy costs easy. It lets you compare the monetary value of insurance on up to 10 unlike vehicles at one time so you can narrow down your choices. Our tool makes it easily to go onto the future dance step and patronize for a capital cable car insurance policy at a monetary value you can afford .

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