How Much Is Car Insurance per Month?
Drivers in the United States spend an average of $1,251 per year2
on auto insurance, making the average car insurance cost per month $104. This average rate is based on a full coverage policy for a driver under 65 years old who has more than six years of driving experience and a clean driving record.
While this is an average car insurance cost per month, insurance prices are different for everyone and many factors will contribute to your individual auto insurance rate. You will need to get quotes for car insurance premiums
based on your information to find the right policy for you.
El documento AARP® Auto Insurance
Program from The Hartford1
is here to help keep you protected on the road. If you’re looking for rates, we can help get you car insurance quotes
. The Hartford has been protecting AARP members and their families since 1984. We’ve earned a reputation for integrity and trust, and we’re proud to have a record of high customer ratings for claims services.
Factors Affecting Average Car Insurance Cost per Month
Not all drivers are the same, so the average car insurance cost
varies. If you live in an area where your risk of being in an accident is higher, your insurance prices may be higher. If you opt for minimum coverage, you may save money, but may not have the best liability coverage. Here are a few factors that will affect your insurance quotes:
- Historial de manejo
- Credit scores
- Código Postal
- Car Insurance Company
Average Monthly Cost of Car Insurance by Vehicle Type
The type of car you drive can also affect your car insurance rate. In some cases, car insurance companies may charge more for coverage on certain types of vehicles, including:
- Cars that are more prone to theft. Owning a car that is commonly stolen can mean that your comprehensive insurance rates are higher. However, comprehensive insurance may not be required if you don’t have a loan or lease for the car.
- Luxury cars and electric vehicles. These types of cars are often more expensive to fix if they are damaged. In the case of luxury vehicles, they’re usually more expensive to replace if they’re totaled from a car accident.
- Sports cars. Because these cars can travel at higher speeds, people may drive them faster and be more likely to get in an accident or receive a traffic violation.
Average Monthly Cost of Car Insurance by Age
Your car insurance cost per month is also related to your age. Drivers under 25 have less experience on the road and studies show they cause more accidents.3 So, if you or someone on your policy is under 25 years old, your car insurance premiums may be higher. Auto insurance rates may decrease after a driver turns 25, especially if they haven’t had any at-fault accidents.
As you age, you may see an increase in your average car insurance cost per month. Typically, if you’re over 25 but below 60 years old, your car insurance cost per month will be the lowest. If you’re not within that age range, you can still find ways to save. In fact, we offer many special rates and discounts with the AARP Auto Insurance Program from The Hartford. El documento minimum AARP age requirement
to enroll in this program is 50. If you have an AARP membership, get a car insurance quote today and save.
How Much Is the Average Car Insurance per Month in My State?
Auto insurance rates vary based on which of the 50 states you live in. It can be difficult to compare all state auto insurance
rates. This is because each state has its own minimum required amount of auto insurance coverage. One state’s average car insurance cost per month may be higher than another’s because it requires drivers to have more liability coverage. On the other hand, another state may average the cheapest car insurance per month because it requires a lower minimum coverage.
Tips to Save Money on Your Monthly Car Insurance Payment
- Compare car insurance quotes to ensure you’re getting the best rate. When gathering quotes, be sure they all meet your state’s minimum coverage requirements. You may want to consider adding optional coverage so that you’re fully covered.
- Ask for a safe driver discount if you have a clean driving record.
- Bundle auto and seguro de viviendas. You could save up to 5% on your car coverage and 20% on your home policy with The Hartford.
- Contemple seguro para autos clásicos if you have a classic car that isn't your primary vehicle.
Frequently Asked Questions About Car Insurance Cost
How Much is Car Insurance for a 25-Year-Old?
Depending on your car insurance company and the liability coverage you choose, a 25-year-old may pay more or less than their state’s average car insurance cost per month. When you turn 25, you should contact your car insurance company to see if you can save money on your auto insurance rate if you have a good driving history.
How Much Should I Pay for Car Insurance?
How much you pay for auto insurance will depend on the minimum coverage requirements in your state. You will need to hold at least the minimum required coverage in case of an accident. You may also opt for additional coverage that will increase your rate, but also increase your protection in the event of an accident.
How Much Is Full Coverage Insurance per Month?
Full coverage car insurance
is not the same for each of the 50 states. Because of this, the rates will be different depending on where you live. Your state will have a minimum required amount of auto insurance coverage that you’ll need to purchase to register your car. You also have the option of adding additional coverage to ensure you’re fully covered. Once you know how much coverage you need, you can use our car insurance calculator
to find the cost of the auto insurance for your specific needs. Learn about how much car insurance is
What Cars Have the Lowest Insurance Rates?
When it comes to the average car insurance cost per month for different types of vehicles, vans typically have the least expensive insurance premiums. Sedans usually have the highest car insurance cost per month, while sports utility vehicles and trucks are priced in between. Sports cars, luxury cars and cars that are prone to theft usually have a more expensive auto insurance rate.
At What Age Is Car Insurance the Cheapest?
Car insurance premiums vary based on many factors, including age. Drivers who are under 25 and over 60 years old usually pay the most for auto insurance. No matter your age, if you want to lower your car insurance rates, you need to find a car insurance company that can offer you discounts and benefits. To learn more about how The Hartford can help you save money, get a get a car insurance quote
today or speak with a Hartford representative at 888-413-8970
Última actualización: 21 de septiembre de 2023
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