Average Car Insurance Rates By Age And Gender Per Month
For drivers in most age brackets male and female car insurance rates are similar.
Average car insurance rates by age and gender per month. For young drivers however gender and car insurance tell a different story. The average cost of a car insurance policy with full coverage is 2390 per year or 200 per month. The rates vary significantly based on a drivers age. The average cost of car insurance is 146 a month or 1758 per year for a full coverage policy.
Auto insurance quotes vary widely based on individual rating factors. On average women pay 740 per six month policy while men pay 735. The insurance prices are the lowest for drivers in their fifties. Therefore they are deemed higher risk to insurers which results in more expensive rates.
The average cost of a car insurance policy is 937 per year or 78 per month when averaged across states for our sample driver with a policy that meets the minimum requirements of each state. Average cost of car insurance by age. Once a person hits their late seventies the rates will start increasing again. Average car insurance rates by gender in ontario.
Compare average car insurance rates by zip code age gender and coverage level to see what you can expect to pay for coverage in your neighborhood. The zebras team of licensed insurance experts crunched the numbers using a composite user profile and gathered rates from the top auto insurance companies to develop. Young drivers pay more for insurance because they are more likely to get into an auto accident. We researched average auto insurance costs based on various driver profiles and rates fielded from up to six major car insurance companies in every state.
The average cost of car insurance is 1548 per year. Men younger than 20 pay an average of 14 more per year for car insurance than do women in the same age bracket. Compare auto insurance quotes in your area. Thats 774 per six month policy or 129 per month.
Average car insurance rates by age and gender the average insurance premium for a 19 year old male in 2016 was 2154. Drivers in the 18 25 age range pay higher average car insurance rates in ontario. Call us toll free.