From the beginning of 2024 to the end of the year, the national average of car insurance is expected to increase by 22%. Here is how projected auto insurance rates vary at the state level...
Bankrate gathered average car insurance rates by state to help you shop smarter.
Annual average car insurance costs by state can vary from as little as $303 to as much as $4,357 depending on your chosen coverage and where you live.
Newsweek has created this map to show the states with the highest auto insurance levels, using data gathered by Bankrate.
Insured a teenage driver ; Credit score decreased ; Received a speeding ticket ; Caused an accident ; Lapse in coverage ; Convicted of a DUI
We evaluate car insurance rates by state to reveal the most expensive and cheapest states for auto insurance. Find out the car insurance costs in your state.
Key insights from Bankrate's 2024 car insurance cost analysis: Full coverage car insurance costs an average of $2,458 per year, while minimum coverage is $678 per year. On a monthly basis, full coverage averages $205, with minimum coverage averaging $56 per month. USAA, Auto-Owners and Geico offer some of the cheapest full coverage car insurance but are not all available to all drivers. Men tend to pay more than women for car insurance, on average, since data show they are more likely to engage ...
Key takeaways ; 18-year-old drivers on their own policy pay the highest car insurance premiums out of the age groups Bankrate analyzed. ; The most significant difference in premiums by gender occurs at age 18. On average, 18-year-old males cost 5 percent less to insure than their female counterparts. ; As drivers age, the difference in premium between genders narrows. At age 50, for instance, males only pay 5 percent more more on average per year for full coverage than 50-year-old females.
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate auto insurance products to write unbiased product reviews. Car insurance provides financial protection after a car accident. Driving uninsured can lead to tens of thousands of dollars in damages and injuries. A crucial component of your policy is your car insurance rates. Understanding how rates work can help you get the most competitive ...
lower-cost state. Some lower-cost car insurance states are expected to... Georgia’s car insurance rates fell by 24% between December 2013 ($2,155) and 2023 ($1,647) Beginning July 1, auto...