Home Car insurance Car insurance rates How much is car insurance a month? How much is car insurance a month? The average cost of car insurance is $140 per month for a full coverage policy based on the profile of a 40-year-old driver with a good credit score and clean driving history. Written by: Bob Haegele Bob Haegele Bob Haegele is a personal finance writer. He covers car insurance, health insurance and life insurance. While working in the corporate world he started a personal finance blog. He later left his corporate job and began freelance writing full-time. Since then, he has made it his mission to help people master their money. His work has been featured in Business Insider, Forbes Advisor, Bankrate, FinanceBuzz and others. | Reviewed by: Nupur Gambhir Nupur Gambhir Nupur Gambhir is a content editor and licensed life, health, and disability insurance expert. She has extensive experience bringing brands to life and has built award-nominated campaigns for travel and tech. Her insurance expertise has been featured in Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker, The Financial Gym, and the end-of-life planning service. | Updated on September 14, 2023 Why you should trust Insure.com Quality Verified At Insure.com, we are committed to providing honest and reliable information so that you can make the best financial decisions for you and your family. All of our content is written and reviewed by industry professionals and insurance experts. We maintain strict editorial independence from insurance companies to maintain editorial integrity, so our recommendations are unbiased and are based on a comprehensive list of criteria. When you’re shopping for car insurance, knowing how much is car insurance makes the process easier, which is why Insure.com pulled the average monthly cost of car insurance. Armed with this information, you’ll be much less likely to stumble or pick a policy that gives you buyer’s remorse. We have used a trusted data source!Insure.com commissioned Quadrant Information Services to calculate auto insurance rates for 2022 from seven large carriers (Allstate, Farmers, Geico, Nationwide, Progressive and State Farm) in 29,162 U.S. cities and 34,523 Zip codes. To help you get the most affordable car insurance possible, Insure.com has researched average auto insurance costs based on various driver profiles and rates collected from up to six major car insurance companies in every state. Summary: How much is full coverage car insurance a month Monthly car insurance cost$140 Per Month Average monthly car insurance cost for 18-year-old$179 Per Month Most expensive stateFlorida$214 Per Month Least expensive stateOhio$85 Per Month Cheapest monthly car insurance providerAmerican National Finance$857 Per Month Is 100 a month for car insurance good?Yes How much is car insurance per month? According to Insure.com research, the average cost of car insurance is $140 a month for a 40-year-old driver with good credit and driving history buying a full coverage policy. The amount you pay for car insurance per month depends on several factors. Here are some of the main factors specific to you that insurance companies will use to determine your rate: How much car insurance you buy Driving record Credit score Vehicle type Gender Number of years you’ve been driving Age Location Key Takeaways The average car insurance cost per month for a 40-year-old driver with good credit and a good driving history is $140 for full coverage, according to Insure.com’s research. American National Finance provide cheapest car insurance at $71 per month. Ohio is the least expensive state and provide car insurance rate at $85 a month. Insurance providers use your credit score to determine your insurance rates. Try to get your credit score to 650 or higher. How much is car insurance a month: Average monthly cost by state Average monthly car insurance rates by state are outlined in the chart below. Rates are from Insure.com study and based on a person with good credit and a clean driving record buying a full coverage policy. StateMonthly rateAnnual rateAlaska$113$1,359Alabama$129$1,542Arkansas$133$1,597Arizona$135$1,617California$176$2,115Colorado$162$1,940Connecticut$146$1,750Washington D.C.$155$1,858Delaware$178$2,137Florida$213$2,560Georgia$137$1,647Hawaii$109$1,306Iowa$110$1,321Idaho$93$1,121Illinois$131$1,578Indiana$105$1,256Kansas$133$1,594Kentucky$175$2,105Louisiana$212$2,546Massachusetts$128$1,538Maryland$137$1,640Maine$93$1,116Michigan$178$2,133Minnesota$124$1,493Missouri$175$2,104Mississippi$134$1,606Montana$141$1,692North Carolina$114$1,368North Dakota$118$1,419Nebraska$168$2,018New Hampshire$109$1,307New Jersey$158$1,901New Mexico$125$1,505Nevada$169$2,023New York$168$2,020Ohio$85$1,023Oklahoma$150$1,797Oregon$104$1,244Pennsylvania$120$1,445Rhode Island$154$1,845South Carolina$158$1,894South Dakota$132$1,581Tennessee$114$1,373Texas$156$1,875Utah$122$1,469Virginia$110$1,321Vermont$97$1,158Washington$114$1,371Wisconsin$125$1,499West Virginia$134$1,610Wyoming$145$1,736 Monthly car insurance calculator Select Year Select Year20222021202020192018201720162015201420132012201120102009200820072006 Vehicle Make Select Make Vehicle Model Select Model Vehicle already present. 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State Select StateNationwideAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming Reset Matching results for your car Filter Add Car Year Select Year20222021202020192018201720162015201420132012201120102009200820072006 State Select State Nationwide Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming State Minimum Coverage Select Low to High High to Low OR Liability Coverage Select Low to High High to Low OR Full Coverage Select Low to High High to Low Reset Apply Add a vehicle to Compare!!! No matches found for the selected filter options..!!! Let's start saving! To save more, tell us about yourself: What is Your Zip Code? What is Your Age? 16 - 20 21 - 24 25 - 34 35 - 44 45 - 54 55 - 64 65+ SEE IF YOU QUALIFY FOR MAJOR DISCOUNTS: I am a homeowner I am currently insured I am a good driver A good driver means: Have no accidents or violations in the last 3 years. Don't have a DUI. Don't need an SR22. Number of vehicles - + *It is recommended that you should get full coverage car insurance for vehicles 2020 or newer. Methodology Insure.com commissioned Quadrant Information Services to calculate average auto insurance rates for vehicles from 2006 to 2022. Our hypothetical driver is a 40-year-old male who commutes 12 miles to work each day, with policy limits of 100/300/50 ($100,000 for injury liability for one person, $300,000 for all injuries and $50,000 for property damage in an accident) and a $500 deductible on collision and comprehensive coverage. Rates for vehicles up until 2019 includes uninsured motorist coverage (since some states require it, we do it for all) and PIP or Medical Payments, if it is required by state law. This hypothetical driver has a clean record and good credit. For liability 100/300 is rates the same hypothetical driver but with liability limits of 100/300/50, uninsured/underinsured motorist in matching amounts and PIP or MedPay, if required by state. We recommend limits this high, even if you have only liability coverage. A state-minimum policy includes only the basic state liability limits and any other state-required coverages, such as uninsured motorist or PIP. Averages were calculated using data from six large carriers, such as Allstate, Farmers, GEICO, Nationwide, Progressive and State Farm. Rates were averaged across multiple ZIP codes and insurance companies. Average rates are for comparative purposes; your rate will depend on your personal factors. Average cost of car insurance by vehicle type The type of vehicle you drive makes a significant impact on your car insurance cost. You’ll find the average cost of full coverage car insurance for each vehicle type in the chart below, assuming good credit and a clean driving record. People are often surprised to discover that trucks and vans are, on average, cheaper to insure than cars. Vans come in with the lowest average cost to insure at $1,606 per year or $134 a month , according to Insure’s study, with trucks not far behind at $1,787 per year. Vehicle TypeAverage per month costAverage annyal costCar$193$2,316Truck$149$1,787Utility$149$1,788Van$134$1,606 QuickTake Car insurance rates by state: The most expensive and cheapest states for car insurance in 2023 Compare and shop auto insurance Determining which drivers should be listed on your car insurance policy The most and least expensive trucks to insure in 2023 Everything you need to know about car insurance Factors that affect your car insurance rates The most expensive and cheapest cars to insure in 2023 How does mileage affect car insurance rates? Why you must insure all the cars you own How to Buy the Cheapest Car Insurance for a New Car Auto insurance quotes comparison - How and why you should compare car insurance rates? Cheap thrills: 7 cars with high horsepower, reasonable insurance Average insurance rates for your 2022 How your gender affects auto insurance rates Cheapest Car Insurance Buying Guide Guide to leased car insurance Most and least expensive convertibles to insure Popular cars that are cheap to insure Most and least expensive states for car insurance - 2020 Cheapest trucks to insure, most expensive trucks to insure: 2019 models Most car insurance purchases start online 5 luxury sedans with low insurance costs Insurance sleepers: 6 unassuming cars with high premiums Insuring 2015's cheapest cars The least expensive small SUVs to insure Baby you're much too fast: Speedy cars with the cheapest insurance The least expensive 2011 hybrids to insure See more > Average cost of car insurance by gender Although insurance companies using gender as a factor in determining car insurance rates is an ongoing controversial issue, only seven states have banned it. In all other states, gender is a determining factor for car insurance rates. The data insurers use shows that men are a higher risk to insure and are involved in more accidents, speeding and DUI convictions than women. However, our analysis shows that the average annual rate is nearly identical when comparing a 40-year-old male to a 40-year-old female. In fact, it only shows a difference of $1 between the two groups. GenderAverage annual rate for full coverageMonthly rate40-year-old female$1,681$14040-year-old male$1,682$140 Average cost of car insurance by age As you’ll see in the table below, the younger you are, the more you’ll pay for car insurance, but rates go up after age 60. This is because insurers consider teens and young drivers higher risk drivers due to inexperience. For instance, average car insurance costs for a 20-year-old have been found to be double what they are for a 60-year-old. Rates decrease with each year of age. But after age 60, rates begin to increase as senior drivers also are considered higher risk by insurance companies. Below are average rates for people at various ages, based on Insure’s analysis. AgeMonthly premium for male driverMonthly premium for female drivers20$313$27530$150$14840$140$14050$132$13260$126$12570$140$137 How much is car insurance for an 18-year-old? Based on Insure.com data, car insurance for an 18-year-old will average at $179 per month or $2,149 annually for a standard liability policy with limits of 50/100/50. That stands for bodily injury of $50,000 per person and $100,000 per accident plus property damage of $50,000. A state minimum policy is cheaper at $1,786 but not recommended as novice drivers are more likely to crash and thus carry higher limits. A full-coverage policy comes in at $5,565 – pricey, but worth it if you need collision and comprehensive on your vehicle. How much is car insurance a month after a speeding ticket State Company Average monthly premium New monthly rate after incident % increase $ increase Alaska Allstate $ 163 $ 193 18% $ 30 Alaska Geico $ 93 $ 155 66% $ 62 Alaska Progressive $ 90 $ 114 27% $ 24 Alaska State Farm $ 105 $ 114 9% $ 9 Alaska USAA $ 84 $ 109 29% $ 25 Alabama Allstate $ 129 $ 144 11% $ 15 Alabama Auto-Owners $ 137 $ 157 15% $ 20 Alabama Farmers $ 182 $ 249 37% $ 67 Alabama Geico $ 96 $ 159 66% $ 63 Alabama Nationwide $ 83 $ 104 25% $ 21 Alabama Progressive $ 161 $ 211 31% $ 50 Alabama State Farm $ 142 $ 154 8% $ 12 Alabama Travelers $ 110 $ 148 35% $ 38 Alabama USAA $ 96 $ 110 15% $ 14 Arkansas Allstate $ 185 $ 215 16% $ 30 Arkansas Auto Club Entreprises $ 133 $ 194 46% $ 61 Arkansas Auto-Owners $ 143 $ 194 36% $ 51 Arkansas Farmers $ 204 $ 382 87% $ 178 Arkansas Geico $ 82 $ 100 22% $ 18 Arkansas Nationwide $ 114 $ 123 8% $ 9 Arkansas Progressive $ 141 $ 195 39% $ 54 Arkansas State Farm $ 110 $ 119 8% $ 9 Arkansas Travelers $ 109 $ 167 52% $ 58 Arkansas USAA $ 89 $ 106 19% $ 17 Arizona Allstate $ 190 $ 292 53% $ 102 Arizona Auto-Owners $ 103 $ 142 37% $ 39 Arizona CSAA $ 194 $ 238 22% $ 44 Arizona Farmers $ 210 $ 273 30% $ 63 Arizona Geico $ 85 $ 138 63% $ 53 Arizona Hartford $ 135 $ 176 31% $ 41 Arizona Mercury $ 125 $ 194 56% $ 69 Arizona Nationwide $ 103 $ 122 19% $ 19 Arizona Progressive $ 146 $ 196 34% $ 50 Arizona State Farm $ 134 $ 145 9% $ 11 Arizona Travelers $ 114 $ 164 45% $ 50 Arizona USAA $ 115 $ 148 29% $ 33 California Allstate $ 190 $ 279 46% $ 89 California Auto Club Entreprises $ 188 $ 262 39% $ 74 California Auto-Owners $ 185 $ 215 16% $ 30 California CSAA $ 227 $ 288 27% $ 61 California Farmers $ 207 $ 287 38% $ 80 California Geico $ 133 $ 208 56% $ 75 California Hartford $ 216 $ 354 64% $ 138 California Kemper $ 200 $ 264 32% $ 64 California Mercury $ 147 $ 195 32% $ 48 California Nationwide $ 206 $ 314 52% $ 108 California Progressive $ 124 $ 237 92% $ 113 California State Farm $ 203 $ 308 52% $ 105 California Travelers $ 190 $ 283 49% $ 93 California USAA $ 135 $ 148 10% $ 13 Colorado Allstate $ 185 $ 204 10% $ 19 Colorado American Family $ 282 $ 315 12% $ 33 Colorado Auto-Owners $ 183 $ 206 13% $ 23 Colorado Farmers $ 256 $ 318 24% $ 62 Colorado Geico $ 107 $ 170 59% $ 63 Colorado Kemper $ 158 $ 209 33% $ 51 Colorado Nationwide $ 118 $ 141 20% $ 23 Colorado Progressive $ 160 $ 204 28% $ 44 Colorado State Farm $ 136 $ 146 7% $ 10 Colorado USAA $ 108 $ 134 24% $ 26 Connecticut Allstate $ 179 $ 179 0% $ 0 Connecticut Farmers $ 167 $ 210 25% $ 43 Connecticut Geico $ 85 $ 94 11% $ 9 Connecticut Kemper $ 104 $ 154 48% $ 50 Connecticut Nationwide $ 140 $ 140 0% $ 0 Connecticut Progressive $ 120 $ 151 25% $ 31 Connecticut State Farm $ 119 $ 130 9% $ 11 Connecticut USAA $ 105 $ 121 15% $ 16 Washington D.C. Allstate $ 323 $ 375 16% $ 52 Washington D.C. Chubb $ 212 $ 229 8% $ 17 Washington D.C. Erie $ 125 $ 131 5% $ 6 Washington D.C. Geico $ 73 $ 132 81% $ 59 Washington D.C. Nationwide $ 202 $ 231 14% $ 29 Washington D.C. Progressive $ 102 $ 146 43% $ 44 Washington D.C. State Farm $ 149 $ 163 9% $ 14 Washington D.C. USAA $ 100 $ 124 23% $ 24 Delaware Allstate $ 262 $ 294 12% $ 32 Delaware American Family $ 215 $ 215 0% $ 0 Delaware Farmers $ 190 $ 213 13% $ 23 Delaware Geico $ 89 $ 190 113% $ 101 Delaware Nationwide $ 122 $ 145 18% $ 23 Delaware Progressive $ 124 $ 169 37% $ 45 Delaware State Farm $ 112 $ 123 9% $ 11 Delaware Travelers $ 126 $ 173 37% $ 47 Delaware USAA $ 103 $ 133 28% $ 30 Florida Allstate $ 268 $ 268 0% $ 0 Florida Farmers $ 317 $ 398 25% $ 81 Florida Geico $ 140 $ 195 39% $ 55 Florida Mercury $ 244 $ 321 32% $ 77 Florida National General $ 314 $ 348 11% $ 34 Florida Nationwide $ 215 $ 265 23% $ 50 Florida Progressive $ 276 $ 391 41% $ 115 Florida State Farm $ 182 $ 196 8% $ 14 Florida Travelers $ 216 $ 309 43% $ 93 Georgia Allstate $ 165 $ 187 13% $ 22 Georgia Auto-Owners $ 108 $ 124 15% $ 16 Georgia Farmers $ 218 $ 321 47% $ 103 Georgia Geico $ 125 $ 193 54% $ 68 Georgia Mercury $ 169 $ 241 43% $ 72 Georgia Nationwide $ 113 $ 134 18% $ 21 Georgia Progressive $ 138 $ 188 36% $ 50 Georgia State Farm $ 146 $ 159 9% $ 13 Georgia USAA $ 100 $ 124 23% $ 24 Hawaii Allstate $ 134 $ 186 39% $ 52 Hawaii Farmers $ 120 $ 132 10% $ 12 Hawaii Geico $ 80 $ 80 0% $ 0 Hawaii Island $ 143 $ 600 320% $ 457 Hawaii Progressive $ 116 $ 150 30% $ 34 Hawaii State Farm $ 93 $ 102 9% $ 9 Hawaii USAA $ 92 $ 97 5% $ 5 Iowa Allstate $ 131 $ 145 10% $ 14 Iowa American Family $ 115 $ 144 25% $ 29 Iowa Auto-Owners $ 101 $ 111 11% $ 10 Iowa Farmers $ 118 $ 156 32% $ 38 Iowa Geico $ 88 $ 132 50% $ 44 Iowa Nationwide $ 70 $ 95 36% $ 25 Iowa Progressive $ 161 $ 201 24% $ 40 Iowa State Farm $ 75 $ 80 7% $ 5 Iowa Travelers $ 89 $ 128 43% $ 39 Iowa USAA $ 86 $ 97 12% $ 11 Idaho Allstate $ 141 $ 163 16% $ 22 Idaho American Family $ 97 $ 101 4% $ 4 Idaho Auto-Owners $ 58 $ 73 25% $ 15 Idaho Farmers $ 125 $ 153 22% $ 28 Idaho Geico $ 67 $ 74 11% $ 7 Idaho Nationwide $ 75 $ 103 37% $ 28 Idaho State Farm $ 78 $ 85 9% $ 7 Idaho Travelers $ 77 $ 109 41% $ 32 Idaho USAA $ 59 $ 74 26% $ 15 Illinois Allstate $ 194 $ 260 34% $ 66 Illinois American Family $ 100 $ 133 33% $ 33 Illinois Auto Club Entreprises $ 151 $ 210 40% $ 59 Illinois Auto-Owners $ 88 $ 102 15% $ 14 Illinois Automobile Club of MI $ 215 $ 336 56% $ 121 Illinois Erie $ 99 $ 110 11% $ 11 Illinois Farmers $ 237 $ 274 16% $ 37 Illinois Geico $ 62 $ 98 59% $ 36 Illinois Mercury $ 95 $ 134 40% $ 39 Illinois Nationwide $ 82 $ 107 30% $ 25 Illinois Progressive $ 113 $ 157 39% $ 44 Illinois State Farm $ 94 $ 103 9% $ 9 Illinois Travelers $ 95 $ 130 37% $ 35 Illinois USAA $ 107 $ 134 26% $ 27 Indiana Allstate $ 183 $ 240 31% $ 57 Indiana American Family $ 106 $ 145 37% $ 39 Indiana Auto-Owners $ 111 $ 147 33% $ 36 Indiana Farmers $ 154 $ 201 30% $ 47 Indiana Geico $ 57 $ 120 112% $ 63 Indiana Nationwide $ 92 $ 121 32% $ 29 Indiana Progressive $ 136 $ 219 61% $ 83 Indiana State Farm $ 89 $ 97 8% $ 8 Indiana Travelers $ 100 $ 144 45% $ 44 Indiana USAA $ 68 $ 85 25% $ 17 Kansas Allstate $ 198 $ 219 11% $ 21 Kansas American Family $ 111 $ 141 27% $ 30 Kansas Auto-Owners $ 143 $ 203 42% $ 60 Kansas Farmers $ 170 $ 210 24% $ 40 Kansas Geico $ 107 $ 125 17% $ 18 Kansas Nationwide $ 85 $ 103 22% $ 18 Kansas Progressive $ 125 $ 159 27% $ 34 Kansas State Farm $ 116 $ 124 7% $ 8 Kansas Travelers $ 120 $ 162 34% $ 42 Kansas USAA $ 83 $ 101 22% $ 18 Kentucky Allstate $ 199 $ 235 18% $ 36 Kentucky Auto-Owners $ 140 $ 163 16% $ 23 Kentucky Farmers $ 341 $ 493 45% $ 152 Kentucky Geico $ 133 $ 186 40% $ 53 Kentucky Kentucky Farm Bureau $ 194 $ 194 0% $ 0 Kentucky Nationwide $ 145 $ 188 30% $ 43 Kentucky Progressive $ 196 $ 257 32% $ 61 Kentucky State Farm $ 121 $ 130 7% $ 9 Kentucky Travelers $ 140 $ 209 49% $ 69 Kentucky USAA $ 134 $ 173 29% $ 39 Louisiana Auto Club Entreprises $ 341 $ 460 35% $ 119 Louisiana Farmers $ 262 $ 494 88% $ 232 Louisiana Geico $ 374 $ 616 64% $ 242 Louisiana Progressive $ 252 $ 339 35% $ 87 Louisiana State Farm $ 189 $ 202 7% $ 13 Louisiana USAA $ 144 $ 183 27% $ 39 Massachusetts Allstate $ 211 $ 211 0% $ 0 Massachusetts American Family $ 174 $ 260 49% $ 86 Massachusetts Farmers $ 157 $ 195 24% $ 38 Massachusetts Geico $ 113 $ 126 12% $ 13 Massachusetts Progressive $ 152 $ 197 30% $ 45 Massachusetts State Farm $ 64 $ 73 14% $ 9 Massachusetts Travelers $ 201 $ 285 41% $ 84 Massachusetts USAA $ 112 $ 131 17% $ 19 Maryland Allstate $ 312 $ 419 34% $ 107 Maryland Erie $ 167 $ 175 5% $ 8 Maryland Farmers $ 319 $ 400 25% $ 81 Maryland Geico $ 123 $ 159 30% $ 36 Maryland Kemper $ 179 $ 277 55% $ 98 Maryland Nationwide $ 155 $ 225 45% $ 70 Maryland Progressive $ 172 $ 216 26% $ 44 Maryland State Farm $ 201 $ 220 10% $ 19 Maryland Travelers $ 128 $ 190 48% $ 62 Maryland USAA $ 92 $ 110 19% $ 18 Maine Allstate $ 127 $ 141 11% $ 14 Maine Auto-Owners $ 57 $ 65 15% $ 8 Maine Farmers $ 134 $ 194 44% $ 60 Maine Geico $ 62 $ 77 23% $ 15 Maine Progressive $ 83 $ 113 36% $ 30 Maine State Farm $ 74 $ 81 9% $ 7 Maine Travelers $ 66 $ 100 50% $ 34 Maine USAA $ 64 $ 72 13% $ 8 Michigan Allstate $ 395 $ 500 27% $ 105 Michigan Auto Club Entreprises $ 342 $ 545 59% $ 203 Michigan Auto-Owners $ 235 $ 311 32% $ 76 Michigan Automobile Club of MI $ 154 $ 245 59% $ 91 Michigan Farmers $ 573 $ 760 33% $ 187 Michigan Geico $ 162 $ 293 82% $ 131 Michigan Progressive $ 163 $ 199 22% $ 36 Michigan State Farm $ 374 $ 542 45% $ 168 Michigan Travelers $ 350 $ 375 7% $ 25 Michigan USAA $ 135 $ 185 36% $ 50 Minnesota Allstate $ 223 $ 312 40% $ 89 Minnesota American Family $ 131 $ 170 30% $ 39 Minnesota Auto Club Entreprises $ 183 $ 229 25% $ 46 Minnesota Auto-Owners $ 142 $ 162 14% $ 20 Minnesota Automobile Club of MI $ 190 $ 237 25% $ 47 Minnesota Farmers $ 199 $ 242 22% $ 43 Minnesota Geico $ 140 $ 201 44% $ 61 Minnesota Nationwide $ 97 $ 113 17% $ 16 Minnesota State Farm $ 109 $ 120 10% $ 11 Minnesota Travelers $ 140 $ 208 49% $ 68 Minnesota USAA $ 109 $ 133 23% $ 24 Missouri Allstate $ 157 $ 177 13% $ 20 Missouri American Family $ 150 $ 188 26% $ 38 Missouri Auto Club Entreprises $ 210 $ 302 44% $ 92 Missouri Auto-Owners $ 178 $ 233 30% $ 55 Missouri Farmers $ 466 $ 579 24% $ 113 Missouri Geico $ 213 $ 247 16% $ 34 Missouri Kemper $ 593 $ 717 21% $ 124 Missouri Nationwide $ 114 $ 141 24% $ 27 Missouri Progressive $ 253 $ 312 23% $ 59 Missouri State Farm $ 136 $ 147 8% $ 11 Missouri Travelers $ 127 $ 172 35% $ 45 Missouri USAA $ 73 $ 86 18% $ 13 Mississippi Allstate $ 163 $ 180 11% $ 17 Mississippi Farmers $ 202 $ 295 46% $ 93 Mississippi Geico $ 124 $ 160 29% $ 36 Mississippi Nationwide $ 95 $ 111 17% $ 16 Mississippi Progressive $ 125 $ 159 27% $ 34 Mississippi State Farm $ 113 $ 122 8% $ 9 Mississippi Travelers $ 122 $ 172 41% $ 50 Mississippi USAA $ 79 $ 101 28% $ 22 Montana Allstate $ 205 $ 230 12% $ 25 Montana Farmers $ 147 $ 195 33% $ 48 Montana Geico $ 162 $ 179 11% $ 17 Montana Kemper $ 215 $ 259 20% $ 44 Montana Nationwide $ 118 $ 163 39% $ 45 Montana Progressive $ 102 $ 138 35% $ 36 Montana State Farm $ 111 $ 118 6% $ 7 Montana USAA $ 75 $ 86 15% $ 11 North Carolina Allstate $ 195 $ 277 42% $ 82 North Carolina Erie $ 90 $ 137 53% $ 47 North Carolina Farmers $ 153 $ 153 0% $ 0 North Carolina Geico $ 86 $ 162 88% $ 76 North Carolina Kemper $ 89 $ 152 70% $ 63 North Carolina National General $ 128 $ 163 27% $ 35 North Carolina Nationwide $ 95 $ 130 37% $ 35 North Carolina North Carolina Farm Bureau $ 105 $ 146 38% $ 41 North Carolina Progressive $ 155 $ 217 40% $ 62 North Carolina State Farm $ 104 $ 150 44% $ 46 North Dakota Allstate $ 156 $ 175 12% $ 19 North Dakota American Family $ 98 $ 125 27% $ 27 North Dakota Auto-Owners $ 102 $ 114 12% $ 12 North Dakota Farmers $ 161 $ 212 31% $ 51 North Dakota Geico $ 107 $ 132 23% $ 25 North Dakota Nationwide $ 81 $ 98 22% $ 17 North Dakota Progressive $ 99 $ 120 21% $ 21 North Dakota State Farm $ 107 $ 114 7% $ 7 North Dakota USAA $ 57 $ 68 19% $ 11 Nebraska Allstate $ 146 $ 159 9% $ 13 Nebraska Auto Club Entreprises $ 342 $ 422 23% $ 80 Nebraska Auto-Owners $ 102 $ 126 24% $ 24 Nebraska Automobile Club of MI $ 382 $ 457 20% $ 75 Nebraska Farmers $ 181 $ 224 24% $ 43 Nebraska Geico $ 124 $ 131 5% $ 7 Nebraska Nationwide $ 89 $ 109 22% $ 20 Nebraska Progressive $ 181 $ 222 23% $ 41 Nebraska State Farm $ 151 $ 162 8% $ 11 Nebraska USAA $ 98 $ 122 24% $ 24 New Hampshire Allstate $ 136 $ 157 15% $ 21 New Hampshire Auto Club Entreprises $ 96 $ 131 37% $ 35 New Hampshire Auto-Owners $ 65 $ 74 15% $ 9 New Hampshire Farmers $ 135 $ 172 28% $ 37 New Hampshire Geico $ 62 $ 108 74% $ 46 New Hampshire Nationwide $ 73 $ 96 33% $ 23 New Hampshire Progressive $ 70 $ 93 32% $ 23 New Hampshire State Farm $ 70 $ 70 0% $ 0 New Hampshire USAA $ 61 $ 70 15% $ 9 New Jersey Allstate $ 185 $ 222 20% $ 37 New Jersey Farmers $ 253 $ 414 64% $ 161 New Jersey Geico $ 112 $ 112 0% $ 0 New Jersey Mercury $ 208 $ 264 27% $ 56 New Jersey New Jersey Manufacturers $ 118 $ 142 20% $ 24 New Jersey Palisades $ 112 $ 171 53% $ 59 New Jersey Progressive $ 192 $ 234 21% $ 42 New Jersey State Farm $ 172 $ 235 37% $ 63 New Jersey Travelers $ 172 $ 240 40% $ 68 New Mexico Allstate $ 179 $ 200 11% $ 21 New Mexico Farmers $ 130 $ 168 30% $ 38 New Mexico Geico $ 89 $ 146 65% $ 57 New Mexico Iowa Farm Bureau $ 235 $ 256 9% $ 21 New Mexico Kemper $ 203 $ 239 17% $ 36 New Mexico Nationwide $ 102 $ 119 17% $ 17 New Mexico Progressive $ 144 $ 177 23% $ 33 New Mexico State Farm $ 112 $ 120 7% $ 8 New Mexico USAA $ 91 $ 113 24% $ 22 Nevada Allstate $ 248 $ 277 11% $ 29 Nevada American Family $ 232 $ 305 31% $ 73 Nevada Auto-Owners $ 122 $ 159 30% $ 37 Nevada CSAA $ 386 $ 498 29% $ 112 Nevada Farmers $ 244 $ 324 33% $ 80 Nevada Geico $ 78 $ 169 117% $ 91 Nevada Kemper $ 305 $ 359 18% $ 54 Nevada Mercury $ 200 $ 280 40% $ 80 Nevada Nationwide $ 147 $ 170 15% $ 23 Nevada Progressive $ 161 $ 210 31% $ 49 Nevada State Farm $ 145 $ 156 8% $ 11 Nevada Travelers $ 189 $ 278 47% $ 89 Nevada USAA $ 130 $ 151 17% $ 21 New York Allstate $ 134 $ 164 23% $ 30 New York American Family $ 93 $ 106 14% $ 13 New York Erie $ 120 $ 150 26% $ 30 New York Geico $ 103 $ 135 32% $ 32 New York Kemper $ 215 $ 254 18% $ 39 New York Mercury $ 346 $ 428 23% $ 82 New York Progressive $ 61 $ 67 11% $ 6 New York State Farm $ 137 $ 150 10% $ 13 New York Travelers $ 196 $ 226 15% $ 30 New York USAA $ 115 $ 127 11% $ 12 Ohio Allstate $ 146 $ 182 25% $ 36 Ohio American Family $ 95 $ 121 27% $ 26 Ohio Auto-Owners $ 85 $ 98 16% $ 13 Ohio Erie $ 86 $ 93 9% $ 7 Ohio Farmers $ 119 $ 172 45% $ 53 Ohio Geico $ 64 $ 114 78% $ 50 Ohio Nationwide $ 64 $ 83 29% $ 19 Ohio Progressive $ 107 $ 135 26% $ 28 Ohio State Farm $ 89 $ 97 9% $ 8 Ohio Travelers $ 88 $ 130 48% $ 42 Ohio USAA $ 75 $ 94 26% $ 19 Oklahoma Allstate $ 169 $ 185 10% $ 16 Oklahoma Farmers $ 199 $ 251 26% $ 52 Oklahoma Geico $ 90 $ 146 63% $ 56 Oklahoma Mercury $ 142 $ 196 38% $ 54 Oklahoma Oklahoma Farm Bureau $ 239 $ 257 7% $ 18 Oklahoma Progressive $ 226 $ 309 37% $ 83 Oklahoma Shelter $ 166 $ 226 36% $ 60 Oklahoma State Farm $ 119 $ 127 7% $ 8 Oklahoma USAA $ 100 $ 125 26% $ 25 Oregon Allstate $ 157 $ 187 19% $ 30 Oregon American Family $ 139 $ 181 31% $ 42 Oregon Auto-Owners $ 114 $ 141 24% $ 27 Oregon Farmers $ 149 $ 192 28% $ 43 Oregon Geico $ 84 $ 154 83% $ 70 Oregon Kemper $ 150 $ 195 30% $ 45 Oregon Nationwide $ 100 $ 133 32% $ 33 Oregon Progressive $ 127 $ 175 37% $ 48 Oregon State Farm $ 103 $ 113 10% $ 10 Oregon Travelers $ 118 $ 173 47% $ 55 Oregon USAA $ 95 $ 121 28% $ 26 Pennsylvania Allstate $ 121 $ 121 0% $ 0 Pennsylvania Auto-Owners $ 111 $ 117 5% $ 6 Pennsylvania Erie $ 104 $ 112 7% $ 8 Pennsylvania Farmers $ 284 $ 340 20% $ 56 Pennsylvania Geico $ 111 $ 152 37% $ 41 Pennsylvania Nationwide $ 74 $ 109 46% $ 35 Pennsylvania Progressive $ 133 $ 138 4% $ 5 Pennsylvania State Farm $ 108 $ 118 9% $ 10 Pennsylvania Travelers $ 84 $ 106 26% $ 22 Pennsylvania USAA $ 125 $ 140 12% $ 15 Rhode Island Allstate $ 245 $ 302 23% $ 57 Rhode Island American Family $ 157 $ 224 43% $ 67 Rhode Island Farmers $ 247 $ 292 18% $ 45 Rhode Island Geico $ 144 $ 241 67% $ 97 Rhode Island Nationwide $ 159 $ 189 19% $ 30 Rhode Island Progressive $ 165 $ 234 42% $ 69 Rhode Island State Farm $ 96 $ 96 0% $ 0 Rhode Island Travelers $ 137 $ 174 27% $ 37 Rhode Island USAA $ 92 $ 105 14% $ 13 South Carolina Allstate $ 170 $ 221 30% $ 51 South Carolina American Family $ 189 $ 228 21% $ 39 South Carolina Auto-Owners $ 108 $ 133 23% $ 25 South Carolina Farmers $ 347 $ 455 31% $ 108 South Carolina Geico $ 111 $ 111 0% $ 0 South Carolina Nationwide $ 96 $ 115 20% $ 19 South Carolina Progressive $ 134 $ 169 27% $ 35 South Carolina State Farm $ 121 $ 130 7% $ 9 South Carolina Travelers $ 119 $ 161 35% $ 42 South Carolina USAA $ 108 $ 133 23% $ 25 South Dakota Allstate $ 162 $ 174 8% $ 12 South Dakota American Family $ 107 $ 135 26% $ 28 South Dakota Auto-Owners $ 154 $ 184 19% $ 30 South Dakota Farmers $ 144 $ 187 30% $ 43 South Dakota Geico $ 145 $ 161 11% $ 16 South Dakota Kemper $ 97 $ 266 174% $ 169 South Dakota Nationwide $ 86 $ 109 27% $ 23 South Dakota Progressive $ 178 $ 216 22% $ 38 South Dakota State Farm $ 126 $ 132 5% $ 6 South Dakota USAA $ 123 $ 142 16% $ 19 Tennessee Allstate $ 159 $ 179 13% $ 20 Tennessee Auto-Owners $ 92 $ 147 60% $ 55 Tennessee Erie $ 121 $ 125 3% $ 4 Tennessee Farmers $ 131 $ 185 41% $ 54 Tennessee Geico $ 85 $ 140 64% $ 55 Tennessee Nationwide $ 90 $ 105 18% $ 15 Tennessee Progressive $ 162 $ 214 32% $ 52 Tennessee State Farm $ 92 $ 101 9% $ 9 Tennessee Travelers $ 106 $ 154 45% $ 48 Tennessee USAA $ 77 $ 92 19% $ 15 Texas Allstate $ 298 $ 298 0% $ 0 Texas Auto Club Entreprises $ 135 $ 188 40% $ 53 Texas Farmers $ 218 $ 262 20% $ 44 Texas Geico $ 127 $ 187 47% $ 60 Texas Mercury $ 173 $ 238 37% $ 65 Texas Nationwide $ 108 $ 138 29% $ 30 Texas Progressive $ 163 $ 217 33% $ 54 Texas State Farm $ 114 $ 114 0% $ 0 Texas USAA $ 143 $ 162 13% $ 19 Utah Allstate $ 166 $ 186 11% $ 20 Utah American Family $ 143 $ 184 29% $ 41 Utah Auto-Owners $ 110 $ 126 14% $ 16 Utah Farmers $ 169 $ 234 38% $ 65 Utah Geico $ 65 $ 113 74% $ 48 Utah Kemper $ 235 $ 289 23% $ 54 Utah Nationwide $ 97 $ 117 20% $ 20 Utah Progressive $ 116 $ 152 32% $ 36 Utah State Farm $ 142 $ 155 9% $ 13 Utah USAA $ 80 $ 102 28% $ 22 Virginia Allstate $ 150 $ 195 30% $ 45 Virginia American Family $ 77 $ 137 79% $ 60 Virginia Auto-Owners $ 119 $ 135 13% $ 16 Virginia Erie $ 86 $ 97 14% $ 11 Virginia Farmers $ 200 $ 244 22% $ 44 Virginia Geico $ 80 $ 138 74% $ 58 Virginia Kemper $ 219 $ 288 31% $ 69 Virginia Mercury $ 112 $ 152 36% $ 40 Virginia Nationwide $ 68 $ 87 29% $ 19 Virginia Progressive $ 77 $ 104 35% $ 27 Virginia State Farm $ 87 $ 95 9% $ 8 Virginia Travelers $ 87 $ 130 49% $ 43 Virginia USAA $ 70 $ 85 21% $ 15 Vermont Allstate $ 141 $ 163 16% $ 22 Vermont American Family $ 75 $ 130 73% $ 55 Vermont Auto-Owners $ 80 $ 91 14% $ 11 Vermont Farmers $ 176 $ 182 4% $ 6 Vermont Geico $ 79 $ 87 11% $ 8 Vermont Nationwide $ 69 $ 85 23% $ 16 Vermont Progressive $ 149 $ 178 20% $ 29 Vermont State Farm $ 65 $ 71 8% $ 6 Vermont USAA $ 64 $ 73 14% $ 9 Washington Allstate $ 137 $ 150 9% $ 13 Washington American Family $ 149 $ 184 24% $ 35 Washington Auto-Owners $ 96 $ 131 36% $ 35 Washington Farmers $ 208 $ 226 9% $ 18 Washington Geico $ 85 $ 138 62% $ 53 Washington Kemper $ 105 $ 336 221% $ 231 Washington Nationwide $ 101 $ 120 19% $ 19 Washington Progressive $ 113 $ 151 34% $ 38 Washington State Farm $ 113 $ 124 9% $ 11 Washington Travelers $ 111 $ 158 42% $ 47 Washington USAA $ 75 $ 88 17% $ 13 Wisconsin Allstate $ 172 $ 212 23% $ 40 Wisconsin American Family $ 101 $ 131 30% $ 30 Wisconsin Auto Club Entreprises $ 181 $ 387 114% $ 206 Wisconsin Auto-Owners $ 112 $ 201 80% $ 89 Wisconsin Automobile Club of MI $ 115 $ 242 111% $ 127 Wisconsin Erie $ 128 $ 128 0% $ 0 Wisconsin Farmers $ 274 $ 352 28% $ 78 Wisconsin Geico $ 71 $ 127 78% $ 56 Wisconsin Kemper $ 295 $ 359 22% $ 64 Wisconsin Nationwide $ 90 $ 122 35% $ 32 Wisconsin Progressive $ 182 $ 252 38% $ 70 Wisconsin State Farm $ 104 $ 113 9% $ 9 Wisconsin Travelers $ 93 $ 138 48% $ 45 Wisconsin USAA $ 66 $ 78 17% $ 12 West Virginia Allstate $ 194 $ 216 11% $ 22 West Virginia Automobile Club of MI $ 163 $ 207 27% $ 44 West Virginia Erie $ 104 $ 113 9% $ 9 West Virginia Farmers $ 164 $ 233 42% $ 69 West Virginia Geico $ 91 $ 188 107% $ 97 West Virginia Nationwide $ 82 $ 99 21% $ 17 West Virginia Progressive $ 132 $ 168 27% $ 36 West Virginia State Farm $ 99 $ 106 8% $ 7 West Virginia USAA $ 78 $ 90 15% $ 12 Wyoming Allstate $ 216 $ 243 13% $ 27 Wyoming Farmers $ 162 $ 192 19% $ 30 Wyoming Geico $ 191 $ 365 92% $ 174 Wyoming State Farm $ 117 $ 127 8% $ 10 Wyoming USAA $ 93 $ 106 13% $ 13 Compounding the higher cost is the fact that younger people generally do not have experience with shopping for financial products such as insurance. “In my studies of financial literacy among college students, we have found many of them lacking. This general finding most likely can be extended to understanding car insurance among college students as well. Anecdotal evidence from when I teach this topic in class suggests over half of my students do not fully understand auto insurance,” says James Brau, the Joel C. Peterson professor of finance and editor-in-chief of the Journal of Entrepreneurial Finance at Brigham Young University’s Marriott School of Business. Even so, Dr. Brau points out that greater familiarity with computers and the internet can be a way younger people can make up for being new to shopping for financial products. “Computer literacy seems to compensate to some degree for lack of financial literacy,” he says. “Motivated students can scour the internet to compare insurance products. They can also Google around to learn terms and concepts they have never been taught. Of course, it isn’t a problem for only college students. In general, Dr. Brau says, consumers tend to make a lot of mistakes when shopping for car insurance. He says the most common error is “probably that they don’t fully understand minimum state requirements and the options for collision and comprehensive insurance,” he says. “I encourage everyone to use online insurance calculators and tools to determine the optimal types and limits of their insurance packages.” Dr. James BrauJoel C. Peterson Professor of Finance, Brigham Young University, Provo, UTComputer literacy seems to compensate to some degree for lack of financial literacy. How to get affordable car insurance Here are some tips to help you get affordable car insurance: Shop around. Get comparable quotes from at least three different insurance providers before every renewal period and go with the best value. We’ve included the top cheapest car insurance companies below to give you a head start. If you lack experience with insurance shopping, benefit from the experience of others. Dr. Brau suggests: “Talk with people older than you, who you respect. Ask your parents, aunts, uncles, professors, etc.” Don’t drop your coverage. Even if you go a period without a car, consider a non-owners policy to avoid gaps in coverage. Insurers frown upon coverage gaps and it could affect how much you pay in the future. Increase your deductible. Selecting a higher deductible can result in a lower premium. However, this is only a good option if you can afford to pay the deductible. Look for discounts. Most insurance companies offer a variety of car insurance discounts for which you may qualify. Have a credit score of 650 or higher. In most states (Hawaii, California and Massachusetts are the exceptions), auto insurers can use your credit score in pricing your policy. Drivers with lousy credit pay 70% more, on average, than those with good credit, Insure.com found in a rate analysis. A look at the companies offering the cheapest policies, based on Insure’s study, are below. Top cheapest car insurance companies Company Average annual premium American National Finance$857Palisades$1,073Mapfre$1,091Vermont$1,172Nationwide$1,190USAA$1,192 The bottom line The typical driver spends about $140 per month on car insurance per month. However, those costs can vary widely depending on where you live, your age, the kind of car your drive, and your gender. If you’re unsure where you are getting the best rate, be sure to shop around before buying a policy. Also, ask for discounts to ensure the best possible monthly car insurance cost. Methodology Insure.com commissioned Quadrant Information Services to calculate average auto insurance rates for 2022. Averages are calculated based on males drivers aged 40 purchasing full coverage car insurance. Sample driver has a Good insurance score and no violations on their driving record. Averages are rounded to the nearest sum. Read more: Monthly car insurance Calculator Full coverage car insurance Calculator Car insurance rates by state Average used car insurance rates by vehicle The most expensive and cheapest cars to insure for 2022 Frequently asked questions about the cost of car insurance Is $100 a month for car insurance good? Yes. The average cost of a monthly car insurance premium, based on a Insure.com report, is $140 a month. $100 a month for car insurance is below average and cheaper than most people are paying. That said, keep in mind that the cheapest insurance often isn’t the best insurance. All policies are different, and you may want to study the fine print to make sure you’re well covered in case your car is damaged or stolen. Is $150 a month too much for car insurance? It arguably isn’t too much, but you may be able to do better. The average cost of a monthly car insurance premium, based on a Insure.com report, is $140 a month. If you’re paying $150, you’re about average. You may be able to find cheaper insurance, but just remember that cheaper isn’t always better. The last thing you probably want is to pay for insurance that is extremely cheap – and then get into an accident with your brand-new car and discover that you were only protecting the damage on the other driver’s vehicle. How much is car insurance for a 20-year-old? Based on an Insure.com study, the national annual average rate for a standard liability car insurance policy for a 20-year-old is $1,390. This policy comes with liability limits of 50/100/50, which stands for $50,000 for bodily injury per person, $100,000 for all injuries in one accident and $50,000 for property damage. A state minimum policy costs less, an average of $1,159. A premier recommended policy with limits of 100/300/100 plus collision and comprehensive coverage has an average rate of $3,759. How much does liability car insurance cost? The cost of liability car insurance for a 40-year-old male is $637 a year for the coverage limit 50/100/50, based on a Insure.com study. –Michelle Megna contributed to this article. Bob HaegeleContributing Researcher | . .Bob Haegele is a personal finance writer. He covers car insurance, health insurance and life insurance. While working in the corporate world he started a personal finance blog. He later left his corporate job and began freelance writing full-time. Since then, he has made it his mission to help people master their money. His work has been featured in Business Insider, Forbes Advisor, Bankrate, FinanceBuzz and others. In case you missed it Best Car Insurance Companies of 2023 Car insurance rates by state: The most expensive and cheapest states for car ins... What is Full Coverage Car Insurance? 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