Average Auto Insurance Cost Per Month
The average car insurance cost per month is 140 or 1 690 a year.
Average auto insurance cost per month. The most expensive places for car insurance are new york washington d c and louisiana. The average cost of car insurance is 1 548 per year. Generally car insurance is issued for periods ranging from 6 months to a year and the most common payments are made monthly to make your purchase more bearable. The average car insurance cost for a 16 year old female is 533 per month or 6 400 a year.
7 2019 by amy danise. Everquote analyzed premiums reported by our users to calculate the average car insurance cost per month nationally and by state. How to keep your car insurance costs low. What s the average cost of car insurance in the us.
Auto insurance quotes vary widely based on individual rating factors. Average vehicle costs in june 2017. 1 502 annually and 751 per six months that was the average price in the united states as of december 2019 up from 1 469 annually and 735 per six months during march of the same year. Your cost may be higher lower or somewhere right around that average.
While the average car insurance cost per month in the us is about 79 58 your full coverage auto insurance payments can vary depending on many factors. That s the short answer. The average cost of car insurance is 147 a month or 1 758 per year for a full coverage policy. The amount you pay for car insurance per month depends on several factors.
That s 774 per six month policy or 129 per month. What about the average monthly fuel cost per motorist. Companies charge between 100 to 200 usd per month for this service. The average annual cost of car insurance in the united states is 1 416 according to the data in our study.
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.