Average Auto Insurance Cost Per Month For One Person

The average cost of a car insurance policy is 876 per year or 73 per month for a policy that meets the minimum requirements of each state.

Average auto insurance cost per month for one person. 4 who really has the cheapest car insurance. What is the average cost of car insurance. Auto insurance quotes vary widely based on individual rating factors. This estimate is based on a household and may include multi car families.

What is the average cost of car insurance in america. However the cost varies significantly based on location and personal factors like your age and credit. What s the average cost of car insurance in the us. The zebra s team of licensed insurance experts crunched the numbers using a composite user profile and gathered rates from the top auto insurance companies to develop these figures.

Compare rates to find savings and learn how much car insurance costs. The average annual cost of car insurance in the united states is 1 416 according to the data in our study. The amount you pay for car insurance per month depends on several factors. Based on this trend one could expect that the car insurance rate is set to increase further in 2020.

The most expensive places for car insurance are new york washington d c and louisiana. But the price of your policy will be unique to your situation. 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. As of may 2009 the average cost for auto insurance was 1837 per year per car.

The average auto insurance cost for a 16 year old driver is 6 930 per year 578 per month for full coverage and 2 593 per year 216 per month for minimum coverage. That s 774 per six month policy or 129 per month. 7 2019 by amy danise the average car insurance cost per month is 140 or 1 690 a year. How much is car insurance per month.

The average cost of car insurance is 147 a month or 1 758 per year for a full coverage policy. This breaks down to about 153 per month. However if we assume that was based on the national average of 3 drivers per household that breaks down further to approximately 50 per person per month. Auto insurance on average costs about 135 per month though that number is included in the transportation figures from the department of labor mentioned earlier.

The average cost of car insurance is 1 548 per year. That s the short answer. The long answer is. Your cost may be higher lower or somewhere right around that average.