Average Cost of Car Insurance (January 2023) – Automoblog

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According to our data, the average cost of auto insurance in the U.S. is $144 per month, though your own rates will vary based on your driving profile.
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The average cost of car insurance varies widely by state and provider, so drivers may struggle to figure out whether their rates are fair. Our team has looked at standard costs for auto coverage across multiple factors, and we’ll reveal our findings below.
The easiest way to find the average cost of car insurance for your vehicle is to compare car insurance quotes from providers. That way, you’ll be able to see exactly how much each company plans to charge for the best car insurance protection.
Americans pay an average of $1,730 per year for full-coverage car insurance, which comes out to just over $144 per month. If this rate seems a bit high, know that drivers can take advantage of car insurance discounts to reduce their rates.
Because each state sets its own minimum coverage requirements, where you live strongly influences how much you’ll spend for auto insurance coverage.
Below, you’ll find average car insurance prices by state. Note that these numbers are for a 35-year-old driver with a clean driving record and good credit seeking full coverage car insurance.
The following states tend to have the nation’s lowest average cost of full-coverage car insurance policies:
The states below often have the highest average cost of full-coverage car insurance in the U.S.:
The cost of car insurance varies by state, which is why it’s important to shop around for coverage. Below, you’ll find the cheapest auto insurance providers for each state and their average rates.
Keep in mind that USAA is only available for military members, veterans, and their families. Those who don’t qualify for the provider’s coverage will likely find competitive rates from other leading car insurance companies, such as State Farm, GEICO, and Progressive.
Auto insurance companies don’t all have the same premiums for full-coverage policies, either. Drivers looking for cheap car insurance should consider the providers below, which all have annual rates below the national average of $1,730 per year:
Generally, the cheapest auto insurance providers available across the entire country are USAA, GEICO, State Farm, and Progressive. Drivers who live in regions with Erie Insurance and Auto-Owners Insurance may want to consider car insurance quotes from them as well.
One of the most significant factors impacting car insurance premiums is age. In fact, teen drivers and those in their early 20s can pay hundreds of dollars more for car insurance than older, experienced drivers. Here’s a closer look at how age impacts full coverage car insurance rates.
As mentioned above, most young motorists and teen drivers generally spend more than the national average for full coverage car insurance. Our rate estimates from USAA and GEICO still come out as less than $1,730 per year, though.
Your car insurance rates will vary considerably based on your driving history and credit score. We’ll cover average rates for different types of drivers to give you a better idea of what your costs could be.
With most of the popular providers, the average cost of car insurance for good drivers is well below the national average of $1,730 per year. The one exception is Allstate, which offers rate estimates of $2,429 per year for full-coverage car insurance.
A recent accident typically increases a driver’s average cost of car insurance, though USAA and State Farm offer estimates lower than the average national rate of $1,730 per year.
It’s very difficult to find an affordable average cost of car insurance if you have a DUI on your recent driving record. None of the providers in our research offer rate estimates below the national average, though State Farm, Erie, and Progressive have competitive options.
Having a poor credit score limits the availability of low auto insurance prices, with the average cost of car insurance for bad credit sitting well above $1,730 per year. USAA and GEICO still offer rates that aren’t extremely far above the national average, though.
Auto insurance premiums vary significantly based on several factors. How much each factor impacts your final costs depends on the provider you choose, which is why it’s important to compare average car insurance rates from multiple providers.
Here are the main factors that impact car insurance rates:
Car insurance that offers more extensive protection than the state minimums for bodily injury liability and property damage liability coverage is more expensive. However, drivers are highly encouraged to add the following types of coverage to reduce costs and stress after an accident:
Since car insurance companies calculate rates based on many variables, it’s difficult to determine your potential costs without comparing quotes from providers. Using online quote calculators can help you figure out how much you might spend.
Our in-depth industry research shows that the average full coverage car insurance policy costs $144 per month or $1,730 per year on average. However, your final car insurance costs will depend on various factors, such as the provider you choose, your deductible, location, age, and driving history. 
The easiest way to find your average price for auto coverage is to compare car insurance quotes online. Doing so lets you consider each provider’s offerings to determine which policies best suit your needs.
Many drivers find competitive rates from USAA, State Farm, and GEICO. All three car insurance providers are available across the country and offer quality auto insurance policies with relatively affordable rates.

Average car insurance cost: $1,054 per year
Better Business Bureau (BBB) rating: A+
AM Best financial strength rating: A++
Turn to USAA if you’re in the military, a veteran, or in the family of a service member. The company offers the lowest average cost of car insurance among all providers and is known for outstanding service. Motorists with DUIs may be better served by a different company though, as USAA only ranks average for costs with those drivers.
For more about the company, read our USAA auto insurance review.
Average car insurance cost: $1,481 per year
BBB rating: A
AM Best financial strength rating: A++
Drivers often turn to State Farm for relatively cost-effective car insurance policies that come with many discount opportunities. Our research shows that high-risk drivers with recent DUIs and accidents can find reasonable rates from State Farm. The company’s local presence makes it easy to build strong relationships with agents as well.
Check out our State Farm car insurance review for more details.
Average car insurance cost: $1,308 per year
BBB rating: A+
AM Best financial strength rating: A++
GEICO is known for its affordable rates and impressive range of coverage. The company’s sterling financial strength rating means it won’t have issues covering your claim if you get in an accident. GEICO doesn’t have the strongest claims process though, as seen by its near-average score in the J.D. Power 2021 U.S. Auto Claims Satisfaction StudySM.
Read our full GEICO auto insurance review for more information.
The average rate for full-coverage car insurance is $1,730 per year among American drivers. This number varies based on age, driving record, location, chosen coverage amounts, and other factors.
The quickest way to estimate the cost of car insurance is by comparing car insurance quotes from providers. This way, you can look at your coverage options side by side to figure out which ones best suit your needs.
Maine is the state with the lowest auto insurance rates on average, at around $964 per year. Other states with a low average cost of car insurance are Ohio, Vermont, Idaho, and Virginia.
The cheapest auto insurance company is often USAA, with average annual rates of around $1,054 per year. Other affordable coverage options typically come from Erie Insurance, Nationwide, GEICO, and Auto-Owners Insurance.
Yes, $200 a month can be considered expensive for car insurance. Our research shows that the average 35-year-old driver with a good credit history and clean driving record pays an average of $144 per month for a full coverage policy.
Based on our research, the average rate for full coverage car insurance per month is $144. However, your own car insurance costs will vary based on your location, driving record, and credit history.
Yes, rates continuously drop as you get older. Teen drivers and those who lack driving experience usually pay hundreds of dollars more for car insurance than experienced drivers. Keep in mind that if you have an accident on your record or a speeding ticket you may not see premium deductions for several years.
Based on our data, most drivers pay an average of $144 per month or $1,730 per year for a full coverage car insurance policy. However, there are several factors that will affect the final price you pay for an insurance premium.
Our expert review team takes satisfaction in providing accurate and unbiased information. We identified the following rating categories based on consumer survey data and conducted extensive research to formulate rankings of the best car insurance providers.

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