However, our compensation is never tied to whether you purchase an insurance product. For more information, please see our NextAdvisor is not a accredited insurance company, means or broker and we do not sell, solicit or negotiate indemnity. Our message provides summaries of policy providers and/or products that may not include all terms, benefits or limitations of such provider or product. Please consult a license insurance company or producer regarding any indemnity product. Our web site may include links that take you to another web site and consequence in us earning a fee.For more data, please see our Advertising Disclosure and How We Make Money. car policy rates are hard to predict. Rates vary based not only on the policy company ’ sulfur risk appetite, what coverage you want, and the car you drive, but besides where you live and tied your recognition grade, a well as dozens of other factors. But here ’ s the bright side : drivers who have a better sympathy of how car policy works tend to pay less, experts say. “ Your prices will be unlike even though your data is the same from about every insurance company, so you should check many of them, ” says Kyle Schmitt, vice president and managing director of insurance intelligence at J.D. Power. “ It ’ s a matter of doing inquiry, reading reviews, and getting down to which ones are most likely right for you. ”

Pro Tip

Your deductible can affect your car policy rates. If you choose a higher deductible, your premium will be lower — and vice versa. however, you don ’ thymine want excessively high of a deductible, or it may be impossible to pay late on if you file a claim. Evaluate how much you can afford to pay out of pocket for car repairs before you pick your deductible. not alone can some basic cable car policy cognition save you money, but it can besides help you understand what you ’ re paying for and prepare you for the irregular. Some cognition can go a farseeing way, so here ’ s a breakdown of average cable car indemnity rates for teens, younger drivers, adults, and seniors, plus average car rates in every single state of matter. That way you can easily compare car policy rates across different categories and get the cheapest price for you .

Minimum and Full Coverage Rates for Teens and Young Drivers

Your senesce is out of your control, but it plays a significant function in what car rates you qualify for. Teenagers and new drivers, particularly those under 25, by and large pay more for insurance than older drivers. But there ’ s a coherent reason behind that : young drivers have less drive experience and are at a higher risk for accidents. Data from the U.S. Centers for Disease Control shows car crashes are the moment leading lawsuit of death among teens. An 18-year-old driver, for case, pays over $ 5,000 more per year for full coverage indemnity versus a 25-year-old driver. policy companies vary in how they price policies for young drivers, but it ’ randomness broadly less expensive for parents to add a adolescent to their car policy compared to a adolescent purchasing their own policy, according to the Insurance Information Institute. Below you can compare average annual rates for 16-year-olds, 18-year-olds, and 25-year-olds .

Average full coverage premium Average minimum coverage premium
16-year-old* $7,371 $2,770
18-year-old $5,385 $1,965
25-year-old $1,989 $666

Source: Bankrate, Average Cost of Car insurance in 2021. Note: Bankrate, like NextAdvisor, is owned by Red Ventures. The average premiums for a 16-year-old are based on a driver of this age added to their parents’ policy.*

Minimum and Full Coverage Rates for Adults and Seniors

As you get older, your indemnity rates tend to decrease — provided you have a good drive phonograph record. Older drivers can lower their rates even more in some cases by taking advantage of multi-policy and safe drive discounts. Below you can compare average annual rates for adults and seniors .

Average full coverage premium Average minimum coverage premium
30-year-old $1,737 $582
40-year-old $1,674 $565
60-year-old $1,405 $494

Source: Bankrate, Average Cost of Car insurance in 2021. Note: Bankrate, like NextAdvisor, is owned by Red Ventures. 

Minimum and Full Coverage Rates by State

If you think you can get the like car rate in two different states, think again. Rates can differ significantly across state lines, and even your ZIP code, local traffic, or the total of crime in your area can influence your costs. Below you can compare average annual rates in every department of state.

State Full Coverage Premium Minimum Coverage Premium
Alabama $1,015 $479
Alaska $1,072 $561
Arizona $1,126 $608
Arkansas $1,039 $458
California $1,116 $566
Colorado $1,195 $640
Connecticut $1,276 $744
Delaware $1,322 $844
District of Columbia $1,466 $744
Florida $1,446 $964
Georgia $1,286 $735
Hawaii $918 $469
Idaho $780 $403
Illinois $977 $507
Indiana $840 $432
Iowa $795 $339
Kansas $948 $400
Kentucky $1,044 $586
Louisiana $1,638 $937
Maine $765 $370
Maryland $1,256 $700
Massachusetts $1,215 $643
Michigan $1,494 $874
Minnesota $939 $484
Mississippi $1,106 $511
Missouri $1,003 $493
Montana $969 $423
Nebraska $934 $417
Nevada $1,259 $799
New Hampshire $861 $426
New Jersey $1,465 $932
New Mexico $1,051 $548
New York $1,486 $869
North Carolina $839 $372
North Dakota $809 $304
Ohio $865 $439
Oklahoma $1,101 $503
Oregon $1,044 $677
Pennsylvania $1,065 $539
Rhode Island $1,467 $870
South Carolina $1,145 $645
South Dakota $872 $327
Tennessee $957 $456
Texas $1,296 $631
Utah $984 $568
Vermont $842 $375
Virginia $920 $469
Washington $1,078 $667
West Virginia $1,072 $513
Wisconsin $805 $412
Wyoming $936 $354

Source: National Association of Insurance Commissioners, 2020 Auto Insurance Database Report. Note: The data is accurate as of 2017.

How to Shop for Car Insurance

once you ’ ve done your research, the adjacent measure is finding the right car indemnity policy for you. here are a few steps to follow while shopping for car insurance, plus tips to ensure you find enough car coverage for the best potential pace .

Gather Your Information

While you ’ ra shopping for car coverage, it ’ randomness well to have all your information ready to go, whether you ’ re getting a quotation mark on-line or through an indemnity agent. generally, here ’ s the basic information you need to buy a car indemnity policy :

  • Names and dates of birth of all drivers on the policy
  • Address where you plan to keep the car
  • Driver’s license numbers of all drivers on the policy
  • Driving records of all drivers on the policy
  • Vehicle Identification Numbers (VIN) of all vehicles on the policy
  • Proof of prior car insurance for all drivers on the policy

Figure Out the Minimum Auto Coverage You Need

closely every state has minimal requirements that you have to meet for car coverage. In many states, this may lone be liability coverage. But in some states, you may be required to carry liability and some other coverages like personal injury protection ( PIP ) or Uninsured/underinsured motorist coverage .

Decide if You Want Extra Coverage

If you own a car, your state legally requires you to carry a certain sum of car coverage. once you ’ re past that minimal amount, it ’ mho you to decide how much supernumerary coverage you want or need. If you have an car loan, most of the clock time, your indemnity company will require you to carry full coverage ( indebtedness, comprehensive examination, and collision insurance ). The amount of car coverage that you feel comfortable with depends on a number of factors, including what you drive, where you live, and how much you drive. several experts we spoke to recommend getting adequate coverage that you can reasonably afford. It ’ south never a good idea to forsake coverage for a lower agio if it means you ’ ll put yourself financially at risk when an accident happens, says Schmitt .

Compare Quotes 

once you have a good theme of what type of car indemnity coverage you need, start comparing cable car indemnity quotes among insurers. You can get car indemnity quotes a few unlike ways — either through a “ captive ” indemnity agent who works for one party, an independent agent representing multiple policy firms, a car insurance company ’ south web site, or by using an on-line comparison tool. Whichever route you take, comparison denounce is the best way to find out if your stream insurance company is offering the cheapest rate for you. If you ’ ra not getting the best rate for the total of coverage you need, it ’ second time to switch. “ The quoting serve has become infinitely easier over the past five to 10 years, ” says Schmitt. “ today, you can go on-line and get quotes from four or five car insurance companies in about 10 minutes. ”

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