How Much Is Car Insurance Per Month?

Having car insurance can save you from a lot of troubles. But how much would you have to pay per month to get it? Read on to find the answers.

If you’re peculiar about the monthly cost of car insurance, you’re not lonely. Knowing the factors that influence how much you pay for car insurance each month can empower you to make clever alternatives for your coverage. Car insurance premiums can vary extensively based on many elements, and knowing what goes into deciding your rates can help you find the best deal for your requirements.

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Decoding Car Insurance Costs: Factors and Insights

According to a National Association of Insurance Commissioners report, Ordinary car insurance costs around $1,134 yearly, translating to approximately $95 monthly. This report, courting back to January 2020, provides worthwhile insights into the latest data. It breaks down the average yearly expenses, emphasizing that Americans pay roughly $611.12 per year for responsibility insurance, $363.08 for crash coverage, and $159.72 for requirements.

However, car insurance costs are not standard; they can vary considerably depending on several key factors. Your driving record, credit score, age, gender, work exchange, and state affect your monthly car insurance rates. For instance, a clean driving record can lead to a monthly premium as low as $258.51, while a single DUI confidence can cause it to skyrocket to $407.95.

Similarly, your credit score plays a role, with good credit possibly lowering your monthly cost to $258.68, while poor credit can raise it to $430.91. Age and gender also have an impact, with teenage drivers facing significantly higher premiums than more skilled drivers between the ages of 25 and 60. And let’s remember the distance of your work commute, which can also be a determining factor.

Understanding these volatiles is crucial to making informed choices about your car insurance. So, whether you’re a careful driver with a stellar credit score or a young motorist with a hurrying ticket, this blog post will supply insights to help you guide the complex world of car insurance and make the most economical options.

How much is car insurance per month?

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You are lucky if you estimate how much individuals pay for incorporation. The average cost of car insurance in the United States is around $1,134 annually, or about $95 per month, per a National Association of Insurance Commissioners report. The report from January 2020 contains the NAIC’s latest information. According to the NAIC, Americans pay around $611.12 annually for liability insurance (including bodily injury and property damage liability), $363.08 for collision inclusion, and $159.72 for comprehensive inclusion. In 2021, as per NerdWallet, the national average expense of car insurance was $1,592 per year and about $133 per month. How much is car insurance per month? Here are the average costs each month depending on:

Your Driving Record:

  • Clean driving record: $258.51 per month
  • One at-fault accident: $339.72 per month
  • One DUI: $407.95 per month
  • One speeding ticket: $303.45 per month

Credit Score:

  • Good credit: $258.68 per month
  • Fair credit: $304.10 per month
  • Poor credit: $430.91 per month

Age and Gender:

  • Teen female driver: $624.24 per month
  • Teen male driver: $734.70 per month

Your Work Commute:

  • Short work commute: $323.70 per month
  • Longer work commute: $331.11 per month

What factors affect your monthly car insurance rates?

Image Source: WalletHub

Various factors can help you figure out your rates. Most of these factors concern how risky the provider thinks it will be to insure you. The following list highlights these factors briefly.

  • Age – In many circumstances, driving comes with age, so many young drivers consider securing a match with older drivers risky.
  • Gender – According to the statistics, men who are young and single are more likely to have crashes than women who are young and unmarried.
  • Marital status – Marital status makes it less feasible for married people to get into mishaps than unmarried people.
  • Number of years licensed – Drivers who are experienced (have been driving for a long time) are usually better drivers.
  • Credit history – According to insurers, a good credit score will put a driver at less risk.
  • Homeownership – If a person owns their own home, they are more stable and thus less reckless driving.
  • Occupation – Certain occupations pose more risks than others.
  • Past driving history – If you have traffic violations, insurers think you are more likely to get into an accident.
  • Good grades – If a younger driver gets an average rate of B’s or more in school, insurers think the individual is responsible, and an auto insurance discount is also rewarded.

At the point when you round out an application, it is shipped off to a financier who analyzes it for areas that may show risk. Drivers with heightened levels of risk are bound to record claims that cost the organization cash. Insurance agencies request a copy of your driving and credit records regularly. Here and there, they will send agents out to acquire data about how you live and your standing locally. This sort of report is generally requested if the underwriter notices errors between your application and other documents that are found.

How much should I pay for auto insurance?

Looking for another car insurance scheme, even for the most experienced drivers, can be astonishing. Many people need to learn what to add to a policy’s expenses.

  • Your previous driving record is the most significant factor in deciding expense costs since all insurance agencies work from a risk model.
  • In some situations, when purchasing your insurance, you have it monthly, bi-monthly, every six months, or for the whole year.
  • Looking for car insurance can be a long and monotonous interaction; however, getting the correct inclusion is fundamental if you need to protect yourself monetarily.

While an arrangement may appear to be, it may offer a different measure of inclusion in contrast with other approaches with the same or comparative rates. That is why knowing the average expense of car insurance policies before you shop is ideal.

Car insurance cost calculator:

Image Source: Residence Style

You can find various online car insurance cost calculators to generate the amount you should generally have for car insurance. Most insurance organizations, like GEICO and Allstate, also have online calculators on their websites.

Average car insurance rates by age and gender

Several factors influence average car insurance rates by age and gender. Car insurance rates and age is one of the Key determinants. As you progress through different stages of life, your car insurance costs can change significantly. Let’s delve into how age and gender affect car insurance rates.

  • Young and immature drivers:

    Car insurance quotes are inclined to be higher for Young and inexperienced drivers, specifically those under 25. This is because they are mathematically more likely to be involved in accidents. Drivers in this age group often need more undergoes, making insurance companies consider them higher-risk drivers. Accordingly, you can expect higher premiums if you or somebody on your policy is under 25.

  • Turning 25 and beyond:

    The Good News is that car insurance rates May start to decrease after a driver turns 25, particularly if they have a clean driving record with no at-fault accidents. Insurers consider more experienced drivers in this age group safer and less likely to file claims. For those between 25 and 60, monthly car insurance expenses are the lowest, offering potential savings opportunities.

  • Age and gender disparities:

    Among drivers aged 30 or older, gender tends to have minimal impact on car insurance rates. However, there can be noticeable differences among younger drivers, particularly those under 25. Insurance companies often charge Young males 10% or more than their female counterparts. This is due to data trends indicating that Young men are more likely to engage in risky driving behavior, such as accidents, DUI convictions, and speeding tickets.

  • State-specific regulations:

    It’s significant to note that some states have laws that forbid insurance companies from using sexuality as a factor when sexuality car insurance rates. These states include California, Hawaii, Massachusetts, parts of Michigan, Montana, North Carolina, and Pennsylvania. In these states, men and women are charged equal amounts for car insurance, assuming all other relevant factors remain the same.

Understanding how age and gender affect car insurance charges can help you make informed decisions when shopping for coverage. Remember that factors like your driving history and vehicle type also play crucial roles in determining your insurance premiums.

Driver’s Age and Gender

Average, Annual Cost

% Difference Males, Pay Compared to Females

$ Difference Males Pay Per Year Compared to Females

Female Age 18 $5,657              17% more $983 more
Male Age 18 $6,640
Female Age 25 $2,385 6% more $983 more
Male Age 25 $2,537
Female Age 40 $2,117 0.61% less $13 less
Male Age 40 $2,104
Female Age 60 $1,906 1% more $18 more
Male Age 60 $1,924
Female Age 80 $2,486 7% more $175 more
Male Age 80 $2,661

What is the average car insurance cost in your state?

Car insurance costs can vary considerably from one state to another due to various factors, including local driving circumstances, accident prevalence, and even the price of parts and labor. We’ve collected average car insurance costs from quarter information services to give you an idea of what drivers can expect to pay. These estimates cover minimum and full-coverage policies for a 35-year-old driver with good credit and a clean, dynamic record.

Image Source: San Diego Union-Tribune

Car insurance costs by state


Average Annual Minimum-Liability Premium

Average Annual Full-Coverage Premium

Alabama $502 $1,775
Alaska $486 $1,685
Arizona $635 $2,008
Arkansas $451 $2,038
California $602 $2,313

Most expensive states for full coverage car insurance

  • Michigan: $3,643 (81% above the national average)
  • Florida: $3,244 (62% above the national average)
  • Louisiana: $3,040 (51% above the national average)
  • Delaware: $2,881 (43% above the national average)
  • Nevada: $2,788 (39% above the national average)

Cheapest states for full coverage car insurance

  • Vermont: $1,199 (40% below the national average)
  • Maine: $1,238 (38% below the national average)
  • New Hampshire: $1,362 (32% below the national average)
  • Idaho: $1,402 (30% below the national average)
  • Tennessee: $1,524 (24% below the national average)

Please note that your car insurance costs May vary based on your particular conditions. Factors like your age, gender, driving history, and the type of vehicle you own can all affect your premium. To precisely evaluate your situation, consider getting free quotes from insurance suppliers in your state.

Additional insights:

Densely inhabited states with more vehicles on the road usually tend to have higher average car insurance rates due to higher accident risks. Severe weather conditions, such as inundation and hurricanes, can influence insurance costs in certain areas. Some states, like New York, Florida, and Louisiana, are known for their excellent car insurance rates, while states like Idaho and Vermont tend to have more low-cost coverage.

Understanding the car insurance geography in your state is essential for making informed decisions concerning your coverage. Remember that these rates are averages and can fluctuate based on various factors and individual profiles.

The following list shows the average car insurance cost for full and minimum coverage per state:


Full coverage

Minimum coverage

Annual difference

Alabama $1,501 $474 $1,027
Alaska $1,521 $417 $1,104
Arizona $1,536 $567 $968
Arkansas $1,883 $495 $1,388
California $1,911 $617 $1,294
Colorado $2,012 $528 $1,484
Connecticut $1,791 $841 $950
Delaware $1,733 $823 $910
Florida $2,321 $685 $1,636
Georgia $1,820 $757 $1,063
Hawaii $1,049 $326 $723
Idaho $998 $320 $678
Illinois $1,397 $468 $929
Indiana $1,179 $383 $796
Iowa $1,151 $255 $896
Kansas $1,600 $464 $1,136
Kentucky $2,363 $790 $1,574
Louisiana $2,762 $895 $1,867
Maine $963 $372 $591
Maryland $1,872 $860 $1,011
Massachusetts $1,100 $431 $669
Michigan $2,387 $1,128 $1,259
Minnesota $1,418 $559 $859
Mississippi $1,636 $498 $1,138
Missouri $1,526 $484 $1,043
Montana $1,726 $362 $1,364
Nebraska $1,376 $365 $1,010
Nevada $2,161 $839 $1,322
New Hampshire $1,169 $429 $740
New Jersey $1,860 $851 $1,009
New Mexico $1,418 $390 $1,028
New York $2,131 $1,070 $1,061
North Carolina $1,212 $410 $801
North Dakota $1,195 $352 $843
Ohio $989 $351 $638
Oklahoma $1,748 $451 $1,297
Oregon $1,358 $670 $688
Pennsylvania $1,406 $431 $974
Rhode Island $2,043 $842 $1,201
South Carolina $1,652 $606 $1,046
South Dakota $1,455 $301 $1,154
Tennessee $1,298 $400 $898
Texas $1,610 $560 $1,050
Utah $1,390 $577 $813
Vermont $1,123 $338 $785
Virginia $1,248 $478 $771
Washington $1,234 $457 $777
Washington, D.C. $1,880 $736 $1,144
West Virginia $1,605 $517 $1,088
Wisconsin $1,160 $361 $799
Wyoming $1,369 $335 $1,035

Average car insurance costs by company

average insurance cost by company
Image Source: Experian

Each car insurance agency sets rates dependent on many components, including your driving history, area, vehicle, and demographics. They are making an informed guess about how liable you are to record a case later and set your cost appropriately. Every insurer unexpectedly treats each factor. If you do not have good credit, one insurer may charge you 10% more for the arrangement, while another would charge 40% more. A discount for being claim-free as of late may acquire you a 20% rebate with one organization and 5% at another. As a result, you get different rates starting with one individual and then onto the next. The organization that gives your friend super-low rates may not be the least expensive for you. Here are yearly complete and minimum coverage rates for many of the country’s biggest insurers.

Insurance company

Full coverage

Minimum coverage

Erie $1,191 $466
NJM $1,221 $458
GEICO $1,268 $380
Auto-Owners $1,277 $378
Texas Farm Bureau Insurance $1,361 $514
American National $1,432 $495
Amica $1,447 $615
Travelers $1,464 $526
State Farm $1,491 $489
Progressive $1,562 $550
Shelter $1,718 $771
Chubb $1,769 $577
Farmers $1,830 $477
Auto Club of So-Cal AAA $1,888 $670
Allstate $2,381 $656
USAA* $1,169 $759

Remember that state guidelines intensely influence costs, and a few of these organizations are accessible in “inexpensive” or “costly” states for car insurance. We can get rates from many of the biggest carriers in shape; many smaller insurers are excluded because of an absence of pricing information.

Average car insurance rates after an at-fault accident

Average auto insurance expenses for an at-fault driver after an accident are:

  • $2,439 per year for full coverage.
  • $884 per year for minimum coverage.

Keeping all factors in mind, the car insurance rates are 50% higher for a driver who has caused an accident than the one who hasn’t. The rate increases after a mishap, usually within the 30% – 60% range. However, exemptions exist, such as California, Massachusetts, and North Carolina. The rates here rise by more than 70% after a mishap, on average. That converts to an extra $1,049 yearly in car insurance bounties in California.

The rise in your rates also relies upon how severe the harm is and whether you have accident forgiveness on your approach or any “good driver” discounts you might lose. The hypothetical accident in our investigation was generally minor, resulting in $10,000 worth of property harm and no wounds. Accidents bringing about clinical expenses can be pricey and result in significantly more extreme rate increments.

It is critical to search for the cheapest insurer after an accident because each organization views factors like an accident in a different light when it comes to setting costs. Our investigation tracked that American Family builds car insurance rates by about 11% on average after a disaster, while Hartford and 21st Century rates increase twice. Causing a mishap can raise your car insurance costs for three to five years after that, contingent upon the carrier. It is the reason it is astute to look for car insurance quotes soon after the third and fifth anniversary of your disaster to check whether you can get a better deal.

Average car insurance costs for good and bad credit

In many states, having poor credit can significantly impact car insurance rates. Usually, car insurance rates for drivers with bad credit are greater than 75% than for drivers with good credit. Let us look at the average car insurance rates for a person with bad credit:

  • $2,812 per year for full coverage.
  • $984 per year for minimum coverage.

Insurers use a credit-based insurance score to set up the rates in most states. This score is quite similar to a regular credit score. Factors like violations/crimes or on-time payments are the same in insurance and average credit scores. The only difference is that an insurance score weights these factors differently. Insurance organizations cover the expensive costs by pointing to information that links bad credit to more frequent insurance claims.

The area you live in and the car insurance organization you use significantly affect your premium. In California, Hawaii, Massachusetts, and Michigan, car insurance pricing, dependent on credit history, is banned by law. On the other hand, average rates rise more than twofold in Arizona, Connecticut, Maine, Michigan, New Hampshire, New Jersey, New York, South Carolina, and Utah.

A few organizations are more forgiving of poor credit than others, so it is advantageous to search for quotes while attempting to assemble your credit. For instance, this is what we found for a 40-year-old purchasing full coverage:

  • Hanover’s rates for a driver with awful credit in Connecticut, Maine, Michigan, and New Hampshire are more than triple its rates for somebody with excellent credit.
  • Conversely, National General’s rates in North Carolina are just $1 a month higher for a driver with bad credit than for one with excellent credit.

Average car insurance rates after a DUI

Image Source: Forbes

Car insurance will cost a lot more than ordinary if you have a past of being caught drinking and driving. As per a study made by NerdWallet, for a driver who lately received a DUI, car insurance rates go up about 87% on average for a driver who recently obtained a DUI. The average car insurance rate after a DUI for a 40-year-old driver is

  • $3,114 per year for full coverage.
  • $1,152 per year for minimum coverage.

After broad research, it was found that there is an average increase of, at any rate, $500 per year for full-cover car insurance after a DUI in each state. In California and Michigan, the average increase is more than $3,000 per year. Looking for the least expensive car insurance after a DUI can reduce the blow. Among the most prominent organizations, average yearly rates for full coverage car insurance after a DUI went from $809 at American National to $8,589 at Encompass, a difference of more than $7,780 per year between organizations.

Changing to your state’s minimum required insurance coverage is another way to reduce expenses. For minimum coverage, It found the average yearly rate to range from $292 at American National to $4,248 at Auto Club Group, an AAA insurance carrier. Nonetheless, if you have credit on your car or it is rented, you might need to keep collision and comprehensive coverage.

Average cost of car insurance by vehicle

The make and model of your vehicle will unquestionably influence rates. Insurers charge more to cover certain cars, including.

  • Sports cars with higher maximum speeds. Individuals will generally drive them quicker, improving the probability of a crash or an infringement of traffic laws. If you get a speeding ticket, insurers think you will be bound to cause an accident again, which further increases rates.
  • Luxury cars will generally have costly parts and details that are very expensive to replace when harmed in an accident.
  • Electric vehicles have more costly engine parts to supplant, particularly the batteries, which can cost thousands each.
  • Regularly stolen cars will generally have higher rates for comprehensive insurance, which pays out when your vehicle is stolen or harmed by something non-traffic-related, like floods, fire, and vandalism. Comprehensive insurance is ordinarily your choice, except if you have a loan or the car is rented.

Understanding Auto Insurance Pricing Factors

Auto insurance prices vary based on several key factors, which can significantly impact the premiums you pay. To ensure you’re getting the best value for your coverage, comparing rates from different insurers is crucial.

Insurers analyze multiple aspects of your profile to determine your insurance costs. These factors include age, gender, location, driving history, credit score, and coverage needs. Each insurer weighs these variables differently, leading to varying premium rates.

Your age plays a significant role in your insurance expenses. Young drivers under 25 typically face higher premiums due to their higher accident risk. As drivers mature between 25 and 60, insurance costs generally decrease, reflecting their improved safety records.

Gender can also affect insurance rates in many states. Young males often start with higher premiums because they statistically engage in riskier driving behaviors. However, rates tend to balance as they reach age 25 and gain more driving experience.

Location is another critical factor influencing insurance costs. Rates can vary widely between states due to differences in driving conditions, accident frequencies, and local regulations. Urban areas with higher population densities generally have higher insurance rates compared to rural areas.

Your driving history, including accidents, tickets, and DUIs, directly impacts your premiums. Drivers with clean records typically enjoy lower rates. Additionally, insurers often use credit scores as a risk indicator, potentially leading to higher premiums for those with lower scores.

In conclusion, auto insurance pricing is complex, with rates determined by a combination of age, gender, location, driving history, credit score, and coverage needs. Comparing quotes from different insurers is essential to find the best coverage and rates tailored to your individual circumstances.

How does a driving record impact the cost of car insurance?

Your driving record wields a considerable influence on the cost of your car insurance. It reflects your past behavior on the road, and insurance companies use it as a Key factor in determining your premiums. Let’s explore how different your driving record can be from your auto insurance cost.

  • At-fault accidents:

    If you have an accident on your record, you can expect to pay approximately 42% more for your car insurance than drivers with clean records. This substantial increase demonstrates the financial consequences of being deemed a higher-risk driver. It’s crucial to drive safely to avoid accidents that can lead to such surcharges.

  • Dui convictions:

    Being convicted of a DUI (Driving under the influence) Offense is a severe matter regarding car insurance. A DUI causes your monthly bonus for complete reporting to soar to over $300, and it can remain on your dynamic record for a decade or more. Additionally, the surcharge for a DUI differs by state, with some states offering much higher costs. For example, the annual cost of car insurance after a DUI is considerably higher in Louisiana compared to Kentucky, showcasing the state-by-state differences in premium increases.

  • Speeding tickets:

    Speeding tickets are among the most common driving infractions and can impact car insurance rates. On average, speeding access increases your total coverage premiums by around 21%. However, it’s important to note that each car insurance company has its own formula for determining rate adjustments after a speeding ticket. Some insurers May be more lenient than others, potentially resulting in lower premium increases. For instance, companies like erie and auto-owners tend to offer rates more favorable to drivers even after a speeding ticket.

Your driving record is a dynamic factor that can significantly affect your car insurance costs. Safe driving habits, adherence to traffic laws, and avoiding accidents and convictions are essential for your safety and for keeping your insurance premiums manageable. So, staying on the right side of the law and practicing defensive driving can help you maintain affordable car insurance rates.

How to save money on your monthly car insurance payment?

Do you want to save some cash by diminishing your car insurance rate? Here are a few hints on the most proficient method to save money on car insurance:

  • Compare different car insurance quotes (from various companies) to ensure you are sure that they all meet your state’s minimum coverage necessities. You might need to consider adding discretionary coverage so that you are completely covered.
  • Ask for a safe driver discount on the off chance that you have a spotless driving record.
  • Bundle car and homeowners insurance. You could save up to 5% on your car coverage and 20% on your home arrangement with The Hartford.
  • Consider classic car insurance if you have a classic car that is not your essential vehicle.


frequently asked questions
Image Source: FutureSoft India

What factors influence how much I pay for magazine car insurance?

Several factors come into play when deciding your monthly car security premiums. These include your age, gender, location, driving history, credit score, the type of report you need, and even the make and model of your vehicle. Insurers examine these factors to assess the risk connected with ensuring you.

What’s the average cost of car security per month in the United States?

Americans pay about $95 per month for car insurance. However, this cost can vary considerably depending on your conditions and where you live. It’s essential to get personalized quotes to understand your unique monthly premium.

How does my driving record impact my car insurance costs?

Your driving record plays a vital role in determining your car insurance rates. A clean record usually results in lower premiums, while at-fault accidents, DUI philosophy, and hurrying tickets can raise your monthly installments.

Can I save money on my monthly car insurance payments?

Yes, there are various ways to save on car insurance. Comparing quotes from different insurance suppliers can help you find the best rates. Maintaining a clean, dynamic record and bundling car and owner insurance can also lead to discounts. Additionally, some insurers offer safe driver deductions and special rates for classic cars.

How does my age affect my car insurance premiums?

Age is a significant factor in deciding car insurance costs. Young and inexperienced drivers, particularly those under 25, tend to pay higher premiums because they are mathematically more likely to be involved in accidents. Rates often start to reduce after the age of 25 for skilled drivers with clean records.

Does my location impact my car insurance rates?

Yes, your location can affect your car insurance rates. Densely populated urban areas generally have higher average car insurance rates due to increased accident risks and other factors. State-specific regulations and local driving conditions also play a role in pricing.

What should I do if my car insurance rates increase after an accident or traffic violation?

If your rates increase after an accident or violation, shopping around for quotes from different insurers is a good idea. Each company assesses these incidents differently so that you might find more affordable options elsewhere. Maintaining a clean, dynamic record can also help lower your charges over time.

How can I get an accurate monthly estimate of my car insurance costs per month?

To get a precise estimate of your monthly car insurance costs, consider obtaining free quotes from insurance providers in your state. These quotes think about your specific conditions, helping you comprehend what you can expect to pay periodically for coverage.


To make informed decisions about safeguarding your vehicle and finances, it’s crucial to understand how car insurance rates are determined. Several factors influence these rates, including age, gender, location, driving history, credit score, and car type. Comparing quotes from multiple insurers is essential to find the best coverage tailored to your needs.

Your driving record significantly impacts insurance premiums. Accidents, DUI incidents, and speeding tickets can all raise costs substantially. Maintaining safe driving habits and a clean record is essential for managing premiums. The type of vehicle you drive also affects rates; sports cars, luxury models, and frequently stolen vehicles tend to have higher premiums.

To save on insurance costs, consider comparing quotes, maintaining a clean driving record, bundling car and homeowners insurance, and exploring available discounts. Making these choices can help you secure the best coverage at a competitive price. Remember, car insurance is vital for financial protection in case of accidents or unforeseen events on the road.

By understanding the factors that influence insurance costs and following these tips, you can make informed decisions to protect your investment and ensure you’re getting the best value for your coverage. Stay safe on the road with the right car insurance strategy tailored to your unique circumstances.

Sandra Johnson

Sandra Johnson

Sandra Johnson was a few years out of school and took a job as a life insurance agent in California, selling coverage door-to-door for Prudential. The experience taught her about the technical components of insurance and its benefits for individuals and society, as well as the misunderstandings people often have about insurance. She has over ten years’ experience in the insurance industry, having worked as both a Broker and Underwriter, assisting clients across a broad range of industries. At Insurance Noon, Sarah diligently gathers all the required information and curates up pieces to provide meaningful insurance solutions. Her personal value proposition is to demonstrate a genuine interest in always adding value for clients.Her determined approach to guiding clients has turned her into a platinum adviser to multiple insurers.