Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Car insurance report 2021
The most interesting stats drivers should know about car insurance
Over 270 million vehicles are registered in the US. According to the Federal Highway Administration, drivers of private passenger vehicles — including cars, trucks, SUVs and minivans — put an average of 3 trillion miles on the roads each year. In fact, the average driver racks up about 13,500 miles behind the wheel each year, a figure that continues to rise.
Take a look at what it’s like to insure a car for the average driver and compare telling statistics about the state of driving in the US.
How much do drivers pay for car insurance?
The national average cost of auto insurance is about $1,300 a year. Rates can vary depending on your location and many other factors, including:
Car insurance costs by state
Each state has different laws and regulations that can influence rates, coverage, payouts and other factors. How does your state’s car insurance rates stack up?
|State||Average annual car insurance rate|
How often do drivers switch car insurance?
Most drivers don’t shop for car insurance as often as they should. While as many as 75% of drivers shop around for quotes, the average person only shops every few years. Those who do switch car insurance end up saving over $500 on average.
But when you do switch car insurance companies, make sure you don’t fall in to the third of Americans who lie on their car insurance application, hoping to get a better deal.
What’s the most dangerous driving behavior?
You’ve seen drivers who engage in dangerous behavior behind the wheel. Not using turn signals, texting while driving, forgetting basic road safety — these rage-inducing actions might seem to happen to you every time you get behind the wheel. Almost 6 million car accidents occur in the US every year, leading to over 40,000 vehicle-related fatalities.
Take a look at which drivers are most likely to commit these acts of dangerous driving and how often reckless driving really happens.
- Teen drivers are three times more likely to get speeding tickets.
- Around 16% of people don’t wear seat belts.
- About 481,000 drivers use cell phones while driving, while an estimated 25% of accidents involve phone use.
- Around 16% of drivers are uninsured.
- Drunk driving causes up to 30% of all road fatalities every year.
- A DUI costs thousands in fees, penalties and alternate transportation.
- Watch out for high drivers on the weekend: almost 20% of nighttime and weekend drivers test positive for drugs.
What’s the most dangerous time of year?
Surprisingly, you’re more likely to wreck in the summer due to the increased traffic and cars on the road. And although the icy, snowy road conditions in winter can be dangerous, cloudy weather causes more crashes than any other weather condition, especially on dark, rainy winter days with low visibility.
Which days are the most dangerous to be on the road?
Nighttime and weekends are the most dangerous times to drive. And holidays are even worse, with July 4th topping the list of holidays with the most road fatalities every year.
Deadliest holidays to drive
What are the most common car insurance claims?
- Fender bender
- Neck or back injury
- Windshield damage
- Animal collision
How often do drivers make claims?
Car insurance claims totaled over $170 million in the US each year. To put that into perspective for any single driver, the average loss per claim was $4,100. That’s roughly the cost of a used 10-year-old sedan.
The good news is that the average driver makes an accident claim once every 18 years. Although your car might break down or face a few dings or bumps over the years, you probably won’t have to worry about making a big claim in the next decade or two.
In a car-loving country like the US, it can be hard to ditch your ride in favor of other transportation. While insurance can be expensive, it protects you and your vehicle with the peace of mind that you’ll be covered in the event of an accident. With that said, getting the right coverage for the car you’ve always wanted is easier than you might think.
Consider your coverage, deductible and discounts when comparing your car insurance options to get the best policy for your needs.
How we got these stats
For media inquiries
More guides on Finder
Lemonade car insurance review for 2021
Safe drivers and electric car owners could see cheap rates, but its claims process isn’t perfect.
How much does umbrella insurance cost?
Get a low-cost policy for liability expenses that exceed your car or home insurance coverage.
Most dangerous roads in the USA
Do you drive on one of the 30 most dangerous interstates, highways and state routes?
Compare full coverage vs. liability car insurance
Which type of car insurance policy fits your car and driving needs?
Heacock Classic car insurance review May 2021
Insure your classic car or race car at agreed value with Heacock Classic, but you’ll have to look elsewhere if you have recent claims or major violations.
Say car insurance review May 2021
Offers a transparent look at your premiums and rewards renewal with a better insurance score.
Compare Auto Insurance
Get cheap car insurance rates.
Acceptance car insurance review May 2021
Consider Acceptance if you’re a high-risk driver, but prepare for the possibility of a negative customer service experience.
Compare Auto Insurance
Get cheap car insurance rates.
GoAuto car insurance review May 2021
Pocket an option for SR-22 coverage, but you might be compromising on service.
Ask an Expert