Car Insurance Cost Per Month
What is the average cost of car insurance.
Car insurance cost per month. How much is car insurance per month. 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. Some of the elements that determine indemnity rates for automobiles include. Companies charge between 100 to 200 usd per month for this service.
Drivers in the united states spend an average of 1 251 per year 2 on auto insurance making the average car insurance cost per month 104. Your cost may be higher lower or somewhere right around that average. Compare quotes to find the best month to month car insurance policy for your needs. 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. Based on this range the average cost of car insurance per month before discounts is 135 for a 40 year old driver with no at fault accidents and good credit. 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. The amount you pay for car insurance per month depends on several factors.
Auto insurance premiums vary widely across the united states. Policyholders in the cheapest states pay as little as 50 per month for full coverage car insurance while policyholders in more expensive states may be unable to find policies below 200 per month. 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 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.
The average cost of car insurance is 147 a month or 1 758 per year for a full coverage policy. Your credit rating where you live your driving history gender and age the type of vehicle you drive and your state insurance regulations among others.