The Car Insurance Average Cost varies by Age and Gender

The car insurance average cost varies by age and gender. Drivers under 25 years of age often pay more than the average. Young drivers, who have not yet received a driving license, can expect to pay an additional 10% or more than the average. Cars with higher horsepower and a lower center of gravity are likely to cost less than the average. Drivers who drive more safely are likely to receive discounts as well. The table below shows average costs based on a variety of factors. home auto insurance quotes

Insurify’s internal database reveals that the average cost of car insurance in the U.S. is $121 a month. However, rates will vary widely, primarily because of the type of car and location. Luckily, there are online tools that help consumers compare quotes and obtain personalized rates. If you have a car that isn’t included in the average car insurance cost, there are many reasons for the high monthly premium.

As an example, a male teenager in Michigan will pay a high premium for car insurance compared to a woman in Ohio. But the average car insurance cost will be lower for a middle-aged woman in Ohio. Similarly, insurance rates will differ by age, gender, and driving history. If you are in doubt as to the average cost of car insurance, try the Jupiter Auto quote system. It will give you several hypothetical rates based on your information.

Regardless of the age or gender of the driver, a number of factors will affect the cost of car insurance. Drivers in Louisiana and Michigan will pay more than the average nationwide, while drivers in Maine will pay the least. Insurers try to determine what areas are most at risk, and base rates on that information. For example, North Dakota drivers are the least likely to experience a car accident, but they are also the states with the lowest average liability premium.

While age is a factor in some states, age also affects the cost of car insurance. Drivers over the age of thirty have less risk of getting into a car accident, so older drivers pay lower premiums. Insurance companies also base rates based on gender. Women are more likely than men to drive safely, so their rates are usually lower than men. You can save money and still get a good deal on auto insurance by shopping around.

Depending on where you live and what state you live in, the average car insurance price can vary widely. For instance, New York City drivers may pay more than those living in Wyoming, while motorists in Rhode Island pay less than those in Connecticut. The differences between states are due to traffic laws and crime rates. Some drivers in certain areas are required to carry higher coverage amounts. Also, drivers in certain states may have a cleaner driving history than those in other states.

Some factors that may affect the costs of car insurance include the make and model of the vehicle. A high-end sports car may cost more than a conventional vehicle. A sports car’s maximum speed may be higher than the average car, so an insurance company will consider the sporty vehicle as a higher risk to insure. Larger vehicles, such as trucks, SUVs, and pickup trucks can also increase the cost of insurance. Aside from the cost of repairs, larger vehicles may also be more likely to be stolen or damaged.