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.
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide...
Find the most up-to-date statistics and facts on car insurance in Canada
Editor’s Picks ; Largest car insurance companies in the United Kingdom 2021-2023, by market share ; Average car insurance cost in the UK 2024, by age ; Average cost of motor insurance premiums in the UK 2017-2023
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...
When it comes to buying car insurance, age and gender can impact rates. See average auto insurance rates broken down across gender and multiple ages.
Find the minimum car insurance requirements for every state, how to understand coverage requirements and liability limits.
Key takeaways ; Average car insurance rates are $2,314 for full coverage and $644 for minimum coverage. ; Experts recommend comparing quotes with the same coverage limits from at least three carriers to find the best fit for your risk profile. ; Drivers under 25 or over 70 and those with violations or accidents tend to pay higher premiums based on insurer risk calculations.
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.
Learn what comprehensive car insurance covers, how claim payouts work and why it can be beneficial to have comprehensive auto insurance coverage.