The national average cost of car insurance is $1,625 per year, or about $135 per month. Average car insurance rates by state vary due to many factors, such as state laws and minimum auto insurance requirements, population density, traffic conditions, number of car accidents, healthcare costs, the percentage of uninsured or under-insured drivers, auto theft, crime rates, natural disasters, and the number of auto insurance companies operating and competing in the state.
Nevertheless, knowing the average monthly cost of coverage and the premiums others are paying can be immensely beneficial when comparing companies, policies, and quotes. After hours of research, we’ve put together this guide to help you find out how your price for full coverage insurance compares to other drivers in your state.
Check out car insurance rates by state to learn more about the cheapest and most expensive states for insurance and how your own costs look in comparison.
Average Car Insurance Rates By State 2019
The figures below represent the average cost of car insurance from 6 of the largest auto insurance companies in the United States: Allstate, Farmers, GEICO, Nationwide, Progressive and State Farm. The premiums assume the policyholder is a 40-year-old male buying full coverage and commuting 12 miles to work each day. The policy purchased is a 100/300/50 ($100,000 for individual injury liability, $300,000 total bodily injury per accident, and $50,000 for property damage), with a $500 deductible on collision and comprehensive coverage.
Here are the average car insurance rates by state, broken down into average monthly and annual premiums. Just remember that your actual car insurance payments will depend on your individual risk factors.
To learn how to compare car insurance quotes and find the best coverage with the lowest rates, check out our guide.