How Much is Car Insurance per Month - Cost State by State Here!

How Much is Car Insurance per Month

When you plan to ensure the financial security for your car, per month car insurance premium, comes first. Per month cost for car insurance varies day to day and state by state.

The exact cost of a car insurance policy will depend on a wide range of factors including car type, manufacturer, driver age, state, and much more.

It is likely possible to find a good policy for $100 per month. Depending on your coverage, you may also find a policy that costs only $50 per month. If you are looking for strong coverage, it may cost more than $350 per month. Such a policy gives complete protection even if the worst accident happens.

How Much is Car Insurance Per Month by Age?

How Much is Car Insurance Per Month

Depending on the age of the applicant the monthly cost of car insurance can increase. Young drivers are considered as high-risk drivers, that’s why the cost becomes higher.

Most of the insurance companies are charger higher for covering young drivers. As young drivers don’t have a complete maturity, they cannot control the vehicle as needed and it causes a high risk of an accident.

To find the rates for car insurance per month, big research is needed. We are going to explain to you what we have found. According to the data of different insurance companies, we have found the average cost.

Here is the detail you can check

State Cost per Month
Alabama $61.20
Alaska $88.40
Arizona $79.14
California $70.42
Colorado $68.32
Connecticut $85.21
Delaware $85.21
Washington D.C. $98.23
Florida $88.59
Georgia $65.21
Hawaii $70.42
Idaho $48.40
Illinois $61.91
Indiana $54.82
Iowa $46.35
Kansas $49.52
Kentucky $62.54
Louisiana $89.42
Maine $53.42
Maryland $78.54
Massachusetts $93.41
Michigan $78.12
Michigan $77.58
Minnesota $65.83
Mississippi $62.04
Missouri $57.32
Montana $57.09
Nebraska $51.23
Nevada $81.32
New Hampshire $66.03
New Jersey $98.13
New Mexico $60.42
New York $93.42
North Carolina $50.31
North Dakota $46.32
Ohio $55.12
Oklahoma $56.50
Oregon $61.31
Pennsylvania $70.42
Rhode Island $88.42
South Carolina $62.42
South Dakota $47.31
Tennessee $54.12
Texas $70.44
Utah $59.39
Vermont $59.11
Virginia $59.12
Washington $70.01
West Virginia $72.21
Wisconsin $52.11
Wyoming $52.98

The above chart shows quite details the monthly cost of car insurance in different states. A general insurance cost around $150 per month. Depending on different matters you may get a cheap one as well.

How Car Insurance Premiums are Calculated

Each of the insurance companies has their own different way to calculate car insurance premium rates. Most of the top rated companies follow a base rate which is approved by the Department of Insurance of the state.

They get a base rate of car insurance premiums from the department. Insurance companies finalize the premium rate by considering the age of the driver, experience and driving history.

So, now you can easily understand that young and inexperienced drivers have to pay higher premiums than experienced drivers. Having a clean driving history is also very important to get a cheap policy.

Car insurance under 25 years (Like, car insurance for 18) costs much higher as an 18 years old teen can’t drive the car as an experienced person.

You have read all about the monthly cost of car insurance and now, you know how much you have to pay as monthly premiums. Compare free quotes to find the best rate in your state.

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