Find out if you're paying too much for car insurance.
The average cost of car insurance is $1,426 per year, or $118.63 per month. Auto insurance costs vary widely based on individual rating factors, but we created an "average" user profile and gathered rates from major insurers to develop these figures. Dive into the data below to see how age, gender, location, and vehicle type can impact insurance premiums.
As part of our car insurance rate analysis, we compared premiums from some of America's most popular insurers. Check out average car insurance rates from the best car insurance companies below — but keep in mind your rates will vary, depending on your driving history.
6-Month Average Car Insurance Rates — Major Companies
As you can see, amongst the car insurance companies we surveyed Nationwide was the cheapest for our average profile. Consider, our individual profile might not be reflective of you. Meaning, you should use our auto insurance premiums as a jumping off point and explore as many car insurance companies as possible.
Age is a big component of auto insurance premiums. Age is a reliable indicator of how risky a driver you will be to your insurance company. In fact, every year you celebrate a birthday, you should consider it an opportunity to shop around for cheaper car insurance rates. The below data shows the strong correlation between age and car insurance rates.
Looking at the data above, you can see that those between the ages of 50-59 pay the least amount for car insurance for a 6-month policy - all other variables constant. However, aside very young and very old drivers, your age isn't that impactful on the average cost of car insurance. Between the ages of 30-60, the average difference in premium is only $20. Given this, it's important to consider other rating factors that might be more impactful on your premium.
In states like Hawaii, Massachusetts, and Montana, there is no difference in car insurance premiums for men and women. In other states, the difference between car insurance rates for men and women is small — less than a 1% difference in car insurance premiums, nationwide.
6 Month Average Car insurance Premiums by Gender
Although many people assume car insurance costs vary greatly between men and women, it's a minor factor when you look at the bigger picture. However, gender does play a factor in premiums for young drivers. On average, male drivers between the ages of 16-19 pay almost $600 more per year than do female teens.
Anytime you move, you'll need to update your car insurance. Car insurance is regulated at the state level and priced by zip code. Your exact location can have a major impact on your premium. Compare your rates against your state's average to see whether you're paying too much for auto insurance.
|State||Average Annual Premium|
|District of Columbia||$1,464|
Auto insurance is state-regulated and zip code-specific, so your location contributes to your premium. The difference between the cheapest car insurance state (North Carolina — $865) and the most expensive (Michigan — $2,610) is $1,745 per year. This means drivers in Michigan pay $145 per month more for car insurance than do North Carolinian drivers! Learn more about auto insurance rates by state.
Car insurance costs vary by region, as well. For example, in the Midwest, Michigan is expensive, but the cheaper car insurance offered in Ohio, Indiana ($1,133), Illinois ($1,120), and Wisconsin ($1,040), help lower the overall average.
Average Annual Insurance Premium by Region
|Region||Average Annual Premium|
It goes without saying: your vehicle contributes to the cost of your car insurance. Every single vehicle will generate a unique premium based on its vehicle identification number (VIN). Insurance companies use the VIN to assess your vehicle’s mileage, accident history, and other characteristics that are factored into your premium. It’s difficult to give an average cost of car insurance by vehicle — below are some national averages.
Average cost of car insurance by vehicle type
An “average rate” is hard to calculate when you combine the myriad rating factors that comprise the cost of car insurance. In addition to these major factors, a prospective insurer will look at your credit score and driving history when assigning rates.
Car insurance is designed to be the opposite of average. It’s designed to mirror you and the risk you will represent to an insurer. While car insurance quote pricing will vary from person to person, it will also vary by car insurance company. Between the cheapest company (Nationwide — $677) and the most expensive (Allstate — $855), there is a $178 gap in average rates.
Take the idea of an average cost of car insurance with a grain of salt. You should be as specific as possible when it comes to getting car insurance quotes and look at as many car insurance companies as possible. The Zebra's car insurance comparison engine allows you to view car insurance quotes generated specifically for you in one quick online process.
If you want to learn more about how much you should be paying for car insurance, see our additional articles:
Between September and December 2017, The Zebra conducted comprehensive auto insurance pricing analysis using its proprietary quote engine, comprising data from insurance rating platforms and public rate filings. The Zebra examined nearly 53 million rates to explore trends for specific auto insurance rating factors across all United States zip codes, averaged by state, including Washington, DC.
Analysis used a consistent base profile for the insured driver: a 30-year-old single male driving a 2013 Honda Accord EX with a good driving history and coverage limits of $50,000 bodily injury liability per person/$100,000 bodily injury liability per accident/$50,000 property damage liability per accident with a $500 deductible for comprehensive and collision. For coverage level data, optional coverage (that must be rejected in writing) is included where applicable, including uninsured motorist coverage and personal injury protection.
National property and casualty losses information is from the Insurance Information Institute and the NOAA National Centers for Environmental Information U.S. Billion-Dollar Weather and Climate Disasters report.
For vehicle make and model data, analysis referenced the most popular vehicles in the U.S. by 2016 year-end sales according to Goodcarbadcar.net’s automakers’ data.
Finally, some rate data may vary slightly throughout report based on rounding.
It is illegal to pay for someone else’s car insurance
Is it illegal to pay for your daughter’s insurance if she doesn’t live with you and lives else where in ...
Are car insurance quotes free?
I am 16 and will be getting a vehicle soon. I am having to pay for the vehicle myself and ...
Does the color of your car affect your insurance cost?
I’ve been told that driving a red car is more expensive than driving a white or grey colored car. Does ...
Can I get car insurance without a home address?
I am between homes right now and living in a hotel. My insurance canceled and I need to get a ...
Whether you’re the forgetful type or the unlucky type, your smartphone can now come to your rescue with the law...
“What you don’t know can’t hurt you…” … is an entirely false statement in the world of auto insurance. Car...
Today, The Zebra debuted the Insurability Score™, a personalized calculation which reveals to drivers what is affecting their insurance risk,...
It’s a fact of life that might elicit a groan or two: Everyone must purchase car insurance to drive legally....
Drumroll please… Today, The Zebra introduces to you, fine readers, our first annual State of Auto Insurance Report! Did you...
First, let’s start with the basics: a car insurance deductible is the amount of money the policyholder must pony up...
Howdy, folks! This week marks the one-year anniversary of The Zebra’s resource for all of your insurance questions: Ask an...
You just got into an accident, but it is not your fault. So whose insurance do you call? Or, a...
Looking for car insurance? Compare 200+ insurance companies in seconds & save way more than 15% → GEICO vs...
Some traffic incidents cause heart pounding reactions, like stolen cars, car accidents, and near-misses, but unsurprisingly, hit-and-runs can be one...
Car insurance is meant to provide protection from a large financial burden in the event of a crash, but how...
Trying to shop for car insurance can be stressful enough, let alone if your driving record is looking spotty. We’ve...
If you drive in the U.S., you simply have to have car insurance. It’s the law. (Even residents of New...
You buy a new mattress every seven years and a new toothbrush every three months. You shop for new running...
For every single driver, car insurance is a legally-obligated necessity. Yet just exactly what you’re paying for and how you...
Hi, I’m Neil, a licensed insurance agent and the resident insurance advisor here at The Zebra! I’ve worked in insurance...
If you don’t live in a flood plain, making sure your car insurance covers flood damage might be low on...
Nothing can make even the savviest of consumers’ eyes glaze over quite like the phrase “insurance bundling.” And we get...
At Quoted, we talk a lot about the importance of shopping around for your auto insurance policy—whether you’re combating possible...
Many pet owners frequently drive with their animals, and while we might know the safest ways for pets to travel...
Do you know when you should switch car insurance companies? The New Year prompts reflection and, for many of us,...
Labor Day is over, your pencils are sharpened, and lying poolside is just a memory: That’s right, it’s officially back-to-school...
Renters insurance comes in handy when the unexpected happens. From a house fire to a break-in, it’s important to know...
It’s a Friday night and your friend who got into a fender bender is out a ride while her wheels...
Even if you’re not a car expert, you’ve probably heard of a VIN—a Vehicle Identification Number. You know it’s something...