We’ve assembled a treasure trove of data and car insurance statistics, including how people are using their auto insurance and how much they’re paying.
The average auto insurance premium is $1,771 per year, or about $148 per month. ; About 2.57% of the average household income is spent on auto insurance. ; Nearly 215 million drivers carry car insurance in the U.S., according to Review42. ; 6% of drivers on the road are uninsured, according to the Insurance Research Council.
The best car insurance companies include Amica and GEICO. Save money without sacrificing critical coverage by exploring our top picks and get insured today.
Considering working with a car insurance broker? Learn about the services car insurance brokers provide, the difference between a broker and an agent, and more.
Get to know the basic car insurance facts and keep informed on top ways to save money. We'll also tell you about ins and outs of insurance.
Average expenditure, Percent change ; $812.40, 2.2% ; 841.06, 3.5 ; 869.47, 3.4 ; 896.66, 3.1 ; 945.22, 5.4 ; 1,008.35, 6.7 ; 1,058.10, 4.9 ; 1,071.74, 1.3 ; 1,046.37, -2.4 ; 1,061.54, 1.4
What is car insurance? Car insurance protects you against financial loss if your car is involved in an incident. There are three main types of car insurance: comprehensive car insurance...
Find the most up-to-date statistics and facts on car insurance in Canada
Car insurance helps protect you from costs related to auto accidents and other losses, such as theft. Get a free car insurance quote with Travelers insurance.
The cost of car insurance has jumped more than 19% in the last year, far outpacing overall inflation. There are several reasons why that's happening.