The national average cost of car insurance is $1,340 per year for women and $1,391 per year for men for full coverage. ; Six states ban insurers from using gender to help set rates. ; The biggest discrepancy is in Wyoming, where male drivers pay 13% more than women on average.
State · Age · Gender · Company and coverage amount · Driving history · Vehicle type · Usage
The average cost of full coverage car insurance for a 20-year-old is $329 per month. The cheapest car insurance company for 20-year-olds is Farm Bureau, at $198 per month.
Key Takeaways ; The average annual cost of a car insurance policy is $2,068, according to our study. ; Traffic offenses like speeding tickets and DUIs can significantly increase average costs. ; Teens are among the costliest drivers to insure, while seniors enjoy relatively low rates.
Discover where you can find cheap car insurance for 18-year-old drivers, whether they will be on a parent's policy or have their own.
The best car insurance companies for 20 year olds are Travelers, State Farm, Erie Insurance, USAA, and Nationwide. Learn how to save with our guide.
Discover the average car insurance rates for 21 year olds and learn how to find affordable car insurance when choosing a new policy.
Travelers, Geico, State Farm, Erie Insurance and USAA are our top-rated cheap car insurance providers for 18-year-old drivers.
While 20-year-olds generally pay less than teens for car insurance, they may still struggle to find cheap policies. Learn how to get the best car insurance.
Key Takeaways ; The national average annual car insurance rates for young adults are $2,387 for female drivers and $2,526 for male drivers. ; On average, young adult drivers pay lower car insurance rates than teenage drivers because they have more experience behind the wheel. ; Young adults seeking cheap car insurance may be able to save on coverage by comparing quotes, maintaining a clean driving record, and exploring discounts.