What is the average auto insurance cost per month?

What is the average auto insurance cost per month? The average car insurance payment is between $40 and $120 monthly. Factors that affect auto insurance rates include personal variables like age, gender, marital status, and where you live.

Age has one of the biggest impacts on the average car insurance cost per month. Men also pay more than women, and single drivers have higher rates than married couples.

This guide offers car insurance cost calculators by age, gender, state, and driving history. Keep reading to compare rates from the top companies in the country. Explore the additional factors influencing the average car insurance quotes and easy ways to lower your car insurance payment per month average car insurance payment per month. Enter your ZIP code to get started.

Comparing Average Auto Insurance Costs Per Month

How much is car insurance a month? That depends on the kind of policy you need. Liability-only policies average around $45 per month, while full coverage auto insurance costs around $119.

Is $100 a month expensive for car insurance? Not really. Most drivers generally pay between $40 and $140 monthly for auto insurance coverage.

Here is a quick breakdown of the average car insurance costs for different coverage levels and drivers:

• Minimum liability coverage: $45 per month
• Full coverage: $119 per month
• Drivers with an accident: $172 per month
• Young drivers: $592 per month
• Senior drivers: $116 per month

Who pays the most for auto insurance? Young drivers under 25 and drivers with accidents or multiple traffic violations will pay much higher rates.

Auto insurance for young adults and teens costs the most, with average car insurance rates for first-time drivers costing between $500 and $600. Older drivers often pay less than average due to having more experience behind the wheel.

If you have an accident on your record, don’t worry. Insurance rates drop three to five years after a collision, depending on your auto insurance company.

Since so many variables impact your average monthly auto insurance rates, always compare quotes from at least three different companies. Start now with the auto insurance rate charts below and compare monthly costs by age, gender, coverage level, state, and driving history.

Average Auto Insurance Rates by Age and Gender

How much does the average car insurance cost for a 30-year-old male? Compare average car insurance rates by age and gender in the table below.

How much does auto insurance cost for an 18-year-old? The average car insurance cost for 18-year-old males is around $503 per month for coverage, while female drivers pay $417 monthly. These rates start to decrease when drivers turn 25, but men still pay more for car insurance than women.

Why do men pay more than women for auto insurance? Male drivers — especially those under 25 — present a higher risk of fatal accidents, DUIs, and reckless driving than females. This leads to increased auto insurance costs for men in every state except Montana, Hawaii, Massachusetts, California, Pennsylvania, and North Carolina, where gender-based auto insurance rates are banned.

Average Auto Insurance Cost for a New Driver

New and inexperienced drivers pay the highest monthly rates. Sixteen-year-old male drivers pay an average of $618 per month on car insurance, while 16-year-old females pay $566 per month.

Fortunately, you can often lower new driver insurance rates by adding teens to an existing policy. Of course, your insurance company will raise rates due to the increased risk of taking on a new driver, but your monthly costs won’t be as high as they would be if you bought a new policy.

This table compares new driver auto insurance rates on a parent’s policy vs. a new policy:

On average, new drivers can save around $125 per month ($1,500 per year) when added to a parent’s, guardian’s, or roommate’s policy. Read more about the best auto insurance companies for teens.

However, Geico and USAA each list lower quotes on new policies for teen drivers, while most national companies offer cheaper rates on an existing policy. So if you’re a new driver looking for affordable coverage, compare quotes from these and more local companies to see which insurer can save you the most money.

Average Auto Insurance Rates by Coverage Level

Average monthly car insurance payments are between $45 and $123 per month, depending on your chosen coverage level.

Nearly every state requires a minimum auto insurance policy with liability coverage. Liability insurance is the lowest level of coverage you can carry and only pays for damages to another party in an at-fault accident.

Liability insurance comes with the lowest rates, but your monthly auto insurance rates will increase if you add collision and comprehensive coverage — this kind of policy is known as full coverage auto insurance.

The table below shows how much full coverage vs. liability-only car insurance costs with five top companies. The average annual auto insurance prices are at the bottom.

Full coverage auto insurance costs more per month, but you’ll pay less out of pocket if you’re involved in an accident or other incident involving your car. States don’t require full coverage insurance, so some drivers can save money by carrying liability-only policies.

However, 14 states require drivers to carry personal injury protection or medical payments coverage to cover the costs of medical bills after an accident.

These additional minimums will raise your monthly insurance rates. So, research your state auto insurance laws and car insurance requirements before you buy coverage to ensure you’re carrying the right amount. Comparing average car insurance rates by state and age is the quickest way to find the cheapest insurance company near you.

Average Auto Insurance Rates by State

Once you know how much car insurance you need in your state, compare rates with local companies.

How much is car insurance in New York per month? In the table below, you’ll find auto insurance rates by state to get an idea of how much other drivers in your area are paying monthly for coverage.

The national average car insurance monthly payment costs $119 for full coverage. The above auto insurance average by state is based on state minimums and a hypothetical driver with a good record. For example, the average cost of car insurance per month in Virginia for safe drivers is cheaper $103/mo.

Some states have the same requirements but different rates, such as Georgia and Ohio. Each requires 25/50/25 in minimum liability, but the average cost of car insurance in Georgia per month is $165 — over $40 more expensive than the average cost of car insurance in Ohio.

Why is the average car insurance cost in Texas per month higher than in other states? Texas drivers experience more fatal accidents than other states, so insurance companies consider Texas a high-risk state for auto insurance. That’s also why the average auto insurance cost per month in California is higher than the average cost of car insurance in Iowa or Kansas.

Read More:

• Texas Auto Insurance
• California Auto Insurance
• Auto Insurance Companies Pulling Out of California

Auto insurance rates will also vary by city. For example, the average car insurance cost in Washington is $114/mo, but the average car insurance cost in Seattle is more expensive based on population size, coastal weather risks, and theft rates. Compare Washington auto insurance rates.

Your rates will be higher if you decide to carry more coverage or if you’ve been in an accident. DUIs and speeding tickets will also raise your rates, and your state insurance laws might dictate how much your rates can increase. That’s why comparing the average car insurance cost per month by age, state, and driving record is crucial to finding cheaper rates.

Average Auto Insurance Rates by Driving History

Insurance companies use your driving history to assess your risk level. The more traffic violations and insurance claims on your record, the higher your monthly rates will be.

How do auto insurance companies check driving records? Risk-assessment companies like LexisNexis research driver records across states to gather information like accident history and speeding violations.

Your average cost of car insurance per month will vary by violation, with some insurers charging much higher rates than others. This table shows how each insurance company charges different rates for different offenses:

Farmers Full Coverage Auto Insurance Monthly Rates by Provider & Driving Record

Insurance Company	Clean Record	One DUI	One Accident	One Ticket
	$160	$270	$225	$188
	$116	$194	$176	$136
	$139	$193	$198	$173
	$105	$250	$133	$106
	$174	$313	$234	$212
	$115	$237	$161	$137
	$105	$140	$186	$140
	$86	$112	$102	$96
	$99	$206	$139	$134
	$59	$108	$78	$67
U.S. Average	$119	$146	$173	$147

If you have offenses on your driving record, take a closer look at the average auto insurance cost per month for high-risk drivers in the sections below.

Auto Insurance Rates After a Speeding Ticket

Most companies will increase your rates by 12%-15% after a speeding ticket.

Full Coverage Auto Insurance Monthly Rates by Provider: One Ticket vs. Clean Record

Insurance Company	One Ticket	Clean Record
	$108	$86
	$188	$160
	$136	$117
	$105	$87
	$119	$97
	$58	$70
	$173	$139
	$106	$80
	$212	$174
	$137	$115
	$140	$105
	$96	$86
	$277	$232
	$136	$112
	$134	$99
U.S. Average	$147	$119

Some companies raise rates more than others for speeding violations. For example, Geico charges $20 more per month after a speeding ticket, while Liberty Mutual increases monthly rates by $40.

Auto Insurance Rates After an Accident

Most drivers pay around $172 a month after an accident, but some insurers can increase rates to $240 per month or more. However, car insurance rates after an accident can vary significantly from company to company.

Full Coverage Auto Insurance Monthly Rates: One Accident vs. Clean Record

Insurance Company	Clean Record	One Accident
	$180	$220
	$166	$225
	$116	$176
	$119	$97
	$140	$198
	$95	$132
	$177	$234
	$140	$161
	$120	$186
	$105	$150
	$175	$230
	$160	$200
U.S. Average	$123	$172

How much is Progressive car insurance per month after an accident? USAA charges thousands less than Progressive, but coverage is limited to military members and their families. If you don’t qualify, you can compare rates with State Farm, Geico, Travelers, and Nationwide to find cheap auto insurance after an accident.

Read more about auto insurance for drivers with accidents.

Auto Insurance Rates After a DUI

If an insurer is harsh with one offense, don’t assume it will be with another. Consider Progressive again in this car insurance rate chart for DUI offenses:

DUI Full Coverage Auto Insurance Monthly Rates vs. Clean Record by Provider

Insurance Company	Clean Record	One DUI
	$86	$240
	$160	$225
	$117	$176
	$97	$166
	$139	$198
	$80	$132
	$174	$234
	$115	$161
	$105	$186
	$86	$202
	$112	$250
	$99	$239
U.S. Average	$119	$173

DUIs will increase your rates by 19% on average, but Progressive won’t raise your rates by nearly as much. In fact, Progressive raises monthly rates higher after an accident than a DUI.

If you have DUIs on your record or otherwise require high-risk auto insurance, take advantage of our comparison tool above to compare free auto insurance quotes. Keep reading to compare average auto insurance rates by company.

Average Auto Insurance Rates by Company

Since every company assesses drivers differently, comparing them side by side is vital to lock in the best monthly auto insurance rates possible.

Get started with this car insurance rate chart for different drivers from the top 10 auto insurance companies in the country:

Top 10 Companies Average Annual Auto Insurance Rates by Driver Type

Is $120 a month for car insurance good? That’s a good price, but USAA, Geico, and State Farm are the top three cheapest auto insurance companies for the average driver with a good record.

The average State Farm car insurance cost per month is very cheap, around $105/mo. However, Geico and USAA consistently offer the best rates to drivers of all ages.

If you’re paying over $180 a month for car insurance, you’ll want to compare national and local companies to see which offers the most affordable policy in your state.

While Geico, State Farm, and USAA are available in all 50 states, remember that coverage with USAA is limited to military service members and their families. Other insurance companies aren’t available everywhere.

Additional Factors That Affect Monthly Auto Insurance Quotes

Many variables impact your auto insurance quotes. Most of them have to do with your risk as a driver and how many vehicles and drivers you list on the policy. The average auto insurance cost per month for two cars or multiple drivers will be more expensive than the monthly rates for one driver and one vehicle.

Other factors aren’t related to driving experience or skill at all. Personal factors like credit score, gender, marital status, and even your occupation can increase your insurance rates. These factors can also impact your eligibility for certain discounts, which could lower your monthly insurance payments if you qualify.

Mileage, coverage options, and insurance history also significantly affect your rates. For example, according to the Insurance Information Institute, a 2021 study showed that the average cost to own and operate a 2021 model vehicle was $9,666 when the vehicle was driven 15,000 miles per year.

Why Credit Scores and Marital Status Affect Auto Insurance Costs

Credit score and marital status may not be related to your driving skills, but these variables are associated with your risk of filing a claim. Insurance companies consider drivers with low credit scores more likely to get into an accident or file a claim and will charge them higher rates accordingly.

Full Coverage Auto Insurance Monthly Rates by Provider & Credit Score

Insurance Company	Good Credit	Fair Credit	Bad Credit
	$135	$165	$245
	$166	$197	$296
	$116	$136	$203
	$95	$115	$175
	$140	$161	$269
	$82	$100	$148
	$177	$226	$355
	$120	$133	$166
	$109	$138	$206
	$91	$118	$200
	$120	$155	$230
	$107	$128	$194
U.S. Average	$123	$148	$226

Drivers with good credit pay around $123 per month, while those with fair credit scores pay around $150. Drivers with poor credit pay an average of $226 per month. If you have poor credit, you can earn lower insurance rates by paying your monthly bills on time and maintaining a good driving record.

Marital status affects auto insurance rates in much the same way — insurance companies consider married couples to be less reckless behind the wheel and more financially stable than single drivers. Read on to learn more about the best auto insurance companies for married couples.

Auto Insurance Monthly Rates by Marital Status

Rates don’t vary as dramatically between married and single drivers, but this variable can make a difference, depending on your driving record and claims history.

Hawaii and Massachusetts are the only states that don’t allow insurance companies to use marital status or credit scores when determining rates. Michigan insurance companies don’t use marital status but still consider credit score. On the other hand, California doesn’t consider credit score but uses marital status.

Read More:

• Hawaii Auto Insurance
• Michigan Auto Insurance
• Massachusetts Auto Insurance

Auto Insurance Cost by Vehicle Type

Additional factors that affect auto quotes include your vehicle and how you use it. For example, leasing a car or using your personal vehicle for business deliveries can affect your insurance coverage.

Your auto insurance rates could be higher or lower depending on how you answer the following questions:

• Do you lease your vehicle? The lessor may require you to carry more than liability coverage, increasing your monthly auto quotes.
• Do you have an auto loan? Most lenders require drivers to carry full coverage insurance for the length of the loan. You may also add gap insurance to cover your loan if you total the vehicle before paying it off. Both will raise your monthly insurance costs.
• Are other drivers listed on your policy? Companies assess the risk of all drivers listed on a policy, which can raise or lower rates depending on your driving records.
• Do you use your vehicle for work? Personal policies don’t cover work-related accidents, so you’ll need to add commercial auto insurance or shop for business add-ons. Both will raise your monthly insurance rates.

Driving a luxury or classic car will also affect your insurance quotes. These vehicles appreciate in value and often require more expensive repairs and maintenance. Premium car insurance policies for luxury autos and classic cars will provide the right coverage amount for these valuable vehicles but come with higher monthly rates.

Auto insurance quotes will vary among standard vehicles since insurance companies charge different rates for different vehicles based on the average cost of the car and its repairs. For example, most companies charge drivers more for truck and SUV insurance, while sedan insurance rates remain the most affordable.

Insurance companies also consider the national safety ratings and accident statistics of your vehicle’s make and model. The cars that get into the most fatal crashes will have much higher rates than the top safety picks, so research your vehicle before you buy auto insurance to secure the lowest rates.

How to Get the Cheapest Auto Insurance Rates Per Month

How much is car insurance per month? The average monthly cost of auto insurance in the U.S. is $119.

Research insurance companies and double-check your state insurance laws to find the cheapest auto insurance company near you. Once you know how much auto insurance per month you need on average, you can compare quotes from different local companies with our free tool below.

USAA, Geico, and State Farm are the cheapest auto insurance companies, but a local insurer may offer you better rates than the competition. You should always compare the average cost of auto insurance per month from three or more insurers to estimate what drivers in your area pay for coverage.

What is the average auto insurance cost per month? Drivers over 25 with good records pay the lowest rates — around $45 per month for liability-only insurance. However, the average cost for full coverage car insurance is around $119 per month.

Follow these tips to lower your auto insurance monthly costs:

• Reduce your coverage. You’ll pay the lowest possible rates if you can only afford to carry the state minimum liability. However, you’ll be responsible for your own damages and medical costs if you’re involved in an accident or other incident.
• Increase your deductibles. The deductible is the upfront amount you pay before the insurance policy covers costs. Increasing this amount reduces the risk to the insurance company and lowers your average car payment per month.
• Ask about discounts. Insurance companies offer auto insurance discounts for paperless billing, good grades, low mileage, and more. Ask about all the discounts you qualify for before buying to save money.
• Bundle your insurance policies. Compare auto quotes from your home or renters insurance company for cheaper rates. Most companies offer a discount of 10% or more when you bundle home and auto insurance.
• Add yourself to an existing policy. With most companies, adding a high-risk driver to a parent’s or roommate’s policy is cheaper than buying a new one for a single young driver.

Always reassess your driving profile and compare insurance quotes every few months. Insurance companies treat driver risk differently, and you’ll find the cheapest average cost for car insurance when you regularly compare quotes from three or more companies. Enter your ZIP code below to start comparing quotes from local companies for free.