How Much Is Auto Insurance A Month
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After collecting quotes from top insurers across the country we found the average auto insurance rate to be 2 390 per year or 200 per month.
How much is auto insurance a month. The average cost of car insurance per month in these states could be in the range 75 to 84. On average drivers aged 20 to 29 pay 1 989 per year for auto insurance. On the other hand average auto insurance cost per month in the below mentioned 5 states could be the lowest in u s. The answer is that there ranges from approx.
The average cost of auto insurance in the u s. It offers the same comprehensive coverage as an annual policy but its flexible duration means you only pay for when you need it. The national average cost of car insurance is 1 427 per year according to nerdwallet s 2020 rate analysis. Young drivers in their 20s paid almost 30 more than the national average.
That s 995 for a six month policy or 166 per month. Is around 1 099 per year or about 92 per month according to a report from the national association of insurance commissioners. That works out to an average car insurance rate of about 119 per month for 40 year. The report from december 2017 comprises the naic s most recent data.
Paying for a 12 month policy can be an unnecessary expense if you only need cover for 28 days. In these states how much is car insurance per month.