Average Car Insurance Rates by Coverage Level
When it comes to protecting your car, we understand that everyone’s needs are different. That’s why we offer various
types of car insurance coverage. Having
full coverage helps you stay safe on the road. This is also one of the reasons why the average cost of car insurance varies between customers.
Generally, the higher your coverage limits are, the more your car insurance premiums will be. For instance, a policy that will pay for property damages up to $50,000 will have a higher premium than one that only pays for repairs up to $25,000.
Average Car Insurance Rates by Age
Your auto insurance rates will also vary based on your age group. For instance,
car insurance companies often consider young drivers, like teens, to be more of a risk behind the wheel. This is partly because they have less driving experience.
On top of this, car insurance is typically more expensive for men than women.3 The longer you’ve been driving and the older you get, the cheaper auto insurance rates tend to be.
Average Car Insurance Rates by State
The average car insurance rate by state varies. According to the Insurance Information Institute (III), Iowa has some of the cheapest auto insurance in the nation at $674, while Louisiana had some of the most expensive at $1,443.4 This means that your monthly premium will likely be somewhere in between, but it will depend on factors like your:
- State’s required insurance
- Zip code
- Frequency on the road
Additional Factors
Your insurance score and driving history also impact your average car insurance cost. For instance, if you have a clean driving record, you’ll likely pay lower monthly costs for insurance coverage.
To learn more about the AARP
® Auto Insurance Program from The Hartford,
1 speak with The Hartford’s experts at
888-413-8970. We can help guide you through the factors that determine your car insurance rate. You can also get a
car insurance quote online today. Getting started is easy, all you’ll need to enter is your zip code.
Frequently Asked Questions About Average Car Insurance Rates
At What Age Is Car Insurance Cheapest?
Generally,
car insurance premiums cost more for drivers who are younger than 25.
5 That means as a driver gets older and gains more experience on the road, their rates will likely decrease.
6 For some,
senior car insurance rates can begin to increase again after the age of 70. However, this depends on your insurance company.
Which Age Group Pays the Most for Car Insurance?
Insurance companies typically charge more for drivers that are under the age of 25.
7 If you are 50 years or older, you meet the
AARP member age requirement and can apply for coverage with The Hartford. Since 1984, The Hartford has helped nearly 40 million AARP members get the auto coverage they need through special benefits and discounts
What State Has the Lowest average car insurance rates?
According to III, in 2017, these states had some of the lowest car insurance rates:8
To learn more, get a quote from us today. You can also speak with our specialists at
888-413-8970. They’ll help you get the auto policies you need, whether it’s to help pay for damages after an accident or to protect you from collisions with
uninsured motorists.
Last Updated: September 21, 2023
2,4,8 Insurance Information Institute (III), “Average Expenditures for Auto Insurance by State.”
5,7 “Insurance Information Institute (III), What Determines the Price of an Auto Insurance Policy?”
6 Insurance Information Institute (III), “Auto Insurance for Teen Drivers.”
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