Full coverage car insurance rose more than 40% in some states. Here's how to lower your rates.
Forbes Advisor analyzed car insurance rates to find the average cost of car insurance by age, coverage level, driver history, gender and state.
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.
On average, you can expect car insurance in the United States to cost $223 per month for full coverage and $72 per month for minimum coverage.
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.
Car insurance pricing takes numerous factors into account. We'll show you the average cost of car insurance in the United States so you know what to expect.
Florida car insurance rates are rising. Bankrate explains why and what you can do.
Learn from Bankrate about the current average cost of car insurance and ensure that you're not overpaying for this necessary financial protection.
Bankrate gathered average car insurance rates by state to help you shop smarter.
Discover what influences car insurance rates, how to get the best rates, and answers to common questions. Learn about car insurance rates now.