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Compare average car insurance costs
Find out how much car insurance costs and how you can save.
What's in this guide?
- Average car insurance costs by state
- Average monthly insurance rate for Top 20 Best Selling Vehicles of 2019
- Get car insurance quotes from top companies
- What type of insurance policy is cheapest?
- How much does a car accident cost?
- How can I save on car insurance?
- Common questions about car insurance costs
Average car insurance costs by state
|State||Average car insurance cost|
Discover coverage that’s broader than competitors, valuable discounts up to 30% off and perks like shrinking deductibles that reward no claims.
- Broad coverage, including for custom car parts or ridesharing
- Transparent pricing tools that help you buy within budget
- Accident forgiveness on small claims or for staying claim-free
- Stack a variety of discounts for multiple cars, autopay or homeownership
Average monthly insurance rate for Top 20 Best Selling Vehicles of 2019
|Rank||Car model||Monthly insurance rate|
|1||Ford F-Series (F-150)||$157|
|2||Ram Pickup (1500)||$148|
|13||Jeep Grand Cherokee||$220|
Get car insurance quotes from top companies
What type of insurance policy is cheapest?
Every driver needs basic liability coverage, and just getting the state-required minimums is going to be the absolute cheapest policy. But your prices will vary depending on other coverages you’re adding, along with any policy features.
To get the cheapest insurance policy while balancing your protection needs, consider these three factors:
- Type of coverage. Comprehensive car insurance naturally costs more than basic coverage types. If you’re financing your car, you’ll likely be required by your lender to have collision and comprehensive coverage.
- Deductible. The deductible is an amount you will need to pay before making a claim on car insurance. A higher deductible means lower premiums, while a lower deductible means higher premiums. You will often be able to choose your own deductible.
- Additional options. Two similar-seeming policies might be very different side by side when you look at extras like roadside assistance, rental car replacement, emergency accommodation and vehicle storage, all of which can add to the cost of policies.
How can I save on car insurance?
You have little control over most of these factors, but there are still some steps you can take to reduce your premiums.
- Bump your credit up. Drivers in California, Hawaii and Massachusetts don’t have to worry about this one, but everyone else can save hundreds of dollars by maintaining a good or excellent credit score.
- Don’t make small claims. It might be cheaper in the long run to pay out of pocket for smaller expenses rather than claiming them on insurance. Maintaining a no-claims history, or reputation as a safe driver, can make a substantial difference.
- Be careful listing other drivers. Spend less by only naming other drivers on the policy if they’re at least as safe behind the wheel as you are.
- Avoid traffic violations. It’s easier said than done, but a trail of traffic violations will follow you around and keep bumping up your car insurance costs.
- Match policy to use. Try finding a policy that suits your typical car use. For example, if you only drive six months a year, as may be the case with collectors of vintage cars, you can get a considerable discount by looking for usage-based insurance.
- Try aftermarket security. Even if your car was missing important security features when you bought it, you can still install aftermarket systems. VIN etching, for example, is relatively cheap but can make a big difference. Remember that not all insurers will recognize all security systems, so check in advance.
- Consider a big car. Larger vehicles are often safer for their drivers, mostly because they just tend to come out on top in accidents with smaller cars. This can translate into reduced premiums, but might not always be worth the cost.
- Buy a popular model. The more popular your car is, the lower the prices you can expect. Cheap and popular cars make for cheaper car insurance.
Common questions about car insurance costs
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