Bankrate gathered average car insurance rates by state to help you shop smarter.
State, Minimum Coverage Required, Average Annual Minimum-Liability Premium, Average Annual Full-Coverage Premium ; Alabama, 25/50/25, $572, $2,048 ; Alaska, 50/100/25, $506, $2,116 ; Arizona, 25/50/15, $956, $3,127 ; Arkansas, 25/50/25, $589, $2,398 ; California, 15/30/5, $736, $3,040
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.
To ensure you’re getting the right coverage and best price, shop for car insurance with a quote tool to compare rates from multiple companies side by side.
Optional car insurance coverages: Comprehensive coverage: Helps pay to repair damage to your car that wasn't caused by a collision. Coverage may include theft, vandalism or animal damage. If you're leasing or paying off a loan on your car, your lender may require you to have comprehensive coverage. Collision coverage: This coverage helps pay for repairs if your car is damaged or totaled in a collision with another vehicle or object (such as a fence). If you're leasing or financing your car, your...
Florida city, Average annual premium for $300K dwelling coverage ; Fort Lauderdale, $11,368 ; Hollywood, $11,671 ; Miramar Beach, $5,570 ; Pompano Beach, $11,106 ; West Palm Beach, $10,337
Compare car insurance quotes from the largest auto insurance companies to find the best deals for you, selected by Forbes Advisor's experts.
direct auto insurance again on Feb. 7 in California after receiving approval in December for a rate hike, but rates are up... What should I pay?Compare car insurance quotes in February 2024...
We evaluate car insurance rates by state to reveal the most expensive and cheapest states for auto insurance. Find out the car insurance costs in your state.
Key takeaways ; 18-year-old drivers on their own policy pay the highest car insurance premiums out of the age groups Bankrate analyzed. ; The most significant difference in premiums by gender occurs at age 18. On average, 18-year-old males cost 5 percent less to insure than their female counterparts. ; As drivers age, the difference in premium between genders narrows. At age 50, for instance, males only pay 5 percent more more on average per year for full coverage than 50-year-old females.