Question

How much does car insurance cost?

The national average car insurance cost is $2,252 annually.

How much car insurance will cost you differs for each person based on different factors, ranging from your driving record, age, the model of your car, the coverage you opt for, and where you are from. 

However, when you look at the car insurance rates for a driver with a clean driving record opting for full coverage, it can range from $2,827 annually, which means you can expect to pay $235 every month. If you are opting for minimum coverage, then it’ll cost you $123 per month. 

Here is how much you can expect to pay for car insurance based on different factors insurance companies consider.  

Coverage Type

• Full coverage: $2,827 
• Minimum coverage: $1,476 

Driving Record

• Clean record: $2,827 
• Record with a speeding ticket: $3,200 

Age 

• Teens: $3,200 
• 30s: $2,200 
• 40s: $2,089 
• 60s: $1,649 

Gender 

• Male: $2,259 
• Female: $2,246 

The rates mentioned are average rates, and in addition, credit scores also play a crucial role in your insurance costs. The higher the credit score, the lower the insurance costs. The insurance company you choose will consider multiple factors to provide you with the final cost of your car insurance.