Premiums for full coverage auto insurance averaged $2,543, a 26% increase from the same time in 2023. Nationwide, drivers spent an average of 3.41% of their income on car insurance premiums. In some states, though, it was a lot more: Insurance at up 4.91% in Nevada, 5.01% in Michigan and 5.69% in Florida, Louisiana motorists with full coverage spent 6.53% of their paycheck on insurance, the largest chunk of any state. ...
Forbes Advisor analyzed car insurance rates to find the average cost of car insurance by age, coverage level, driver history, gender and state.
Learn from Bankrate about the current average cost of car insurance and ensure that you're not overpaying for this necessary financial protection.
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.
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.
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.
While the average car insurance cost in the UK is now £561 a year, see how your age, car and location can affect premiums by up to 500% or more.
The average cost of auto insurance in Florida is $134 per month for minimum-coverage and $316 per month for full-coverage.
Average cost of car insurance for different driver profiles Here’s a snapshot of national median car insurance rates based on credit history, driving history, and breadth of insurance...
Drivers can now expect to pay £995 for their car insurance, on average – the highest price... The staggering rise in the cost of car insurance was been one of the big drivers of...