Average Yearly Car Insurance Cost 2018

After collecting quotes from top insurers across the country we found the average auto insurance rate to be 2 390 per year or 200 per month. We examined the average cost of car insurance by state to help drivers estimate how much they should be paying for coverage. Car insurance for a 19 year old.

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Average yearly car insurance cost 2018.

The average cost of car insurance in the united states is 1 348 per year or 112 per month according to data business insider obtained from s p global market intelligence. Car insurance for a 16 year old. Car insurance for an 18 year old. The average annual cost of car insurance in the united states is 1 416 according to the data in our study.

That s the short answer. Average car insurance rates by age and state. But there are conflicting figures with statista which collates statistics and studies saying that the average cost is a larger 692 and confused saying that drivers are paying a whopping 827 on. Car insurance for a 17 year old.

To see more details on average car insurance rates for teens see the following articles featuring rates by age state and gender. The long answer is that the average cost depends on a variety of key factors many of which we ve outlined in the sections below. Retrieved october 02 2020 from. According to the association of british insurers abi the average cost of car insurance in the uk for comprehensive cover costs 485 a year.