After collecting quotes from top insurers across the country we found the average auto insurance rate to be 2390 per year or 200 per month. The average cost of car insurance per month in these states could be in the range 75 to 84.
How Much Is Car Insurance Per Month
The average cost of auto insurance in the us.
How much is car insurance per month. The national average cost of cost car insurance is estimated to be around 1430. More time driving can increase your risk of being in an accident so you may want to carry more coverage. We examined the average cost of car insurance by state to help drivers estimate how much they should be paying for coverage.
However this statistic has almost no relevance to you because your car insurance is based on the average cost of auto insurance in the state you live. Is around 1099 per year or about 92 per month according to a report from the national association of insurance commissioners. On the other hand average auto insurance cost per month in the below mentioned 5 states could be the lowest in us.
Car insurance how much cost per month on average protecting the vehicular heritage of the family will always be necessary it is important to know the variants to obtain an insurance policy. Unless you plan on moving the only purpose of a national average to most drivers is to gauge whether or not you live in a cheap or expensive state for car insurance. Car insurance premiums suffered from the knock on effect of increased car prices growing by 386 from 2012 2017.
The average cost of car insurance is 147 a month or 1758 per year for a full coverage policy. Your driving record and credit score will also impact how much you pay for car insurance. Find cheap car insurance rates with our free.
Average vehicle costs in june 2017. The answer can be complex but on average you should pay around 1502 annually which breaks down to 751 over six months the term of most car insurance policies and an average cost around. The amount you pay for car insurance per month depends on several factors.
The amount of time you spend on the road matters when determining how much coverage you may want to carry. In june 2017 new vehicles financed by a credit provider cost an average of r300 181 whereas used vehicles averaged at a cost of r202 796. In these states how much is car insurance per month.
Our car insurance calculator takes these things into account when estimating your coverage needs. The report from december 2017 comprises the naics most recent data. The average cost of car insurance is 100 per month but how much you pay for car insurance per month will depend on the type of insurance coverage you need the kind of vehicle you drive and where you live.
The answer is that there ranges from approx. How much is car insurance per month. Your cost may be higher lower or somewhere right around that average.
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