Average Car Insurance Cost Per Month Ohio
Maine with 1 080 per year or 90 monthly.
Average car insurance cost per month ohio. For instance in our study on auto insurance for new drivers the average premium for a 16 year old was 1 072 per month for an 18 year old it was 789 and for a 21 year old it was 430. The amount you pay for car insurance per month depends on several factors. Teens and young drivers are inexperienced behind the wheel and statistics show they as a class in whole are more likely to be in accident than other age groups which makes them a high. The average auto insurance price in ohio is 1 037 per year 27 3 less than the national average.
Car insurance for people under 25 years of age is typically quite high. However auto reform laws that went into effect in july are designed to mitigate these high. Your cost may be higher lower or somewhere right around that average. Who has the most affordable car insurance.
Companies charge between 100 to 200 usd per month for this service. The average monthly car insurance cost for a 16 year old is 618 per month or 7 421 per year for full coverage car insurance. With age comes wisdom and lower car insurance rates up to a point. The average cost of car insurance is 147 a month or 1 758 per year for a full coverage policy.
Ohioans pay about 1 090 per year for full coverage car insurance compared to the national average of 1 500. New hampshire with 1 086 per year or 91 per month. Average car insurance rates for medium coverage the national average car insurance sample rate for driver profiles with medium coverage is 1 416 according to our survey data. Michigan is notorious for leading the nation in car insurance costs due to its unique no fault car insurance laws that provided unlimited benefits.
But auto insurance premiums are affected by factors other than the state in which you live. 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 cheapest car insurance companies in ohio are geico usaa and erie because they tend to offer premiums that are cheaper than the state average. Best cheap car insurance in ohio geico.
The average car insurance cost for a 16 year old female is 533 per month or 6 400 a year.