What Is the Average Cost of Car Insurance?

Our study shows the average annual rate of car insurance in the United States is $1,321, based on data from nine of the country’s largest auto insurance companies. How much you can expect to pay, though, will vary.

USAA has the lowest nationwide average of the insurance companies in our study, at $875, but coverage through this insurer is available only to members of the military and their families. Geico comes in next, with average nationwide car insurance premiums of $1,100. State Farm, Travelers, and Nationwide also have insurance rates that are cheaper than the national average, according to our study.

That said, there are a lot of variables that affect how much you’ll pay for car insurance, and we’ll look at some of them below. These auto insurance pricing factors include your age and other demographic information, your credit history and credit score, your driving record, and whether you buy minimum coverage or full coverage.

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