Average Car Insurance Cost By Age And State

State car insurance rates change dramatically by state and between cities.

Average car insurance cost by age and state. Compare rates to find savings and learn how much car insurance costs for you. The insurance prices are the lowest for drivers in their fifties. Average car insurance rates range from 1 424 per year for drivers who are 65 years old to a high of 7 001 per year for drivers who are 16 years old. At age 53 the average premium is more than double the base rate and by 55 the average premium is 446.

You see the average prices for car insurance in australia vary depending on where you come from. Average car insurance rates by age and state. Basically 50s could be the peak of your car insurance rate life. If a person is 64 years old the average health.

For a middle of the road full coverage policy you ll pay around 420 per month if you re a teen and 170 if you re in your 20s according to the. At age 60 the average premium is 543. The rates vary significantly based on a driver s age. Each state has specific requirements for the type and amount of car insurance coverage that drivers must carry.

A 16 year old will likely pay four times more than an experienced driver in their thirties. Average cost of car insurance by age. The averages slowly decline from teens to 20s 30s 40s and 50s. Call us toll free.

See car insurance rates by zip code plus state laws. State age average annual rate. Average car insurance rates by age can vary widely. Car insurance rates vary so much by age group because some groups are statistically more risky to insure than others due to a higher likelihood of accidents and expensive claims.

Enter your state in the search box to see what you can expect to pay. For example some states require drivers to purchase 100 000 worth of liability coverage per accident while others require just 20 000 or 30 000 of liability coverage. For instance car insurance in new south wales tends to be the highest while queensland. Once a person hits their late seventies the rates will start increasing again.

The average cost of a car insurance policy is 937 per year or 78 per month for a policy that meets the minimum requirements of each state. But the price of your policy will be unique to your situation.