Learn from Bankrate about the current average cost of car insurance and ensure that you're not overpaying for this necessary financial protection.
The overall average monthly cost of car insurance edged down in August, ending the month at $150, Insurify data shows.
Car insurance costs in Texas are slightly higher than the national average, with drivers paying $960 per year for a liability policy or $3,156 for full coverage.
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.
On a monthly basis, car insurance prices as part of the consumer price index (CPI) rose by an unadjusted 2.7%, pushing the year-over-year increase to 22.2%.
Julia Taliesin ; Evelyn Pimplaskar ; Daniel Roccato
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 ...
their car insurance. The consumer group used data from comparison website Go.Compare to find the average difference between prices paid by annual and monthly customers between December 2018...
Forbes Advisor analyzed car insurance rates to find the average cost of car insurance by age, coverage level, driver history, gender and state.
In 2024, the average cost of car insurance is $1,759/year which comes to $880 per six-month policy or $147/month. Use The Zebra to compare prices.