How Much Does Insurance For A Car Cost Per Month

How Much Does Insurance For A Car Cost

If we are to know how  much a car insurance cost per month, then i believe we should first know how to calculate the average cost of car insurance. this is something someone can do by themselves or using the help of insurance companies around them.

Things To Consider In Calculating Average Car Insurance  For A Month.

Before checking how much you will need to insure a car, certain things should be considered.

  1. How many cars are you insuring?
  2. For how long are you insuring these cars?
  3. Are you currently insured?
  4. Are you a home owner?
  5. Car Make or Model
  6. Your Location
  7. Insurance Plan You Want
  8. Driving History

They all seems to be a question because you need those answers if you ever want to get an answer on how much you will need for car insurance.

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Then here comes the real question to solve the puzzle.

How Much Does Insurance For A Car Cost In A Month.

The average cost of car insurance for a month is $140 depending on the profile of an individual. this is calculated based on how long you have been driving a car, the insurance coverage you have selected.

According to Nerdwallet, the National average car insurance for a good driver with a good credit is $1,630 per year. While a driver with poor credit can pay up to $2,800 per year.

How Much Does Insurance For A Car Cost

Car Insurance Cost In Different States

  • New York: $2,996 per year
  • Louisiana: $2,864 per year
  • Florida: $2,762 per year
  • Nevada: $2,426 per year
  • Michigan: $2,345 per year
  • Alabama: $1,701
  • Vermont: $1,000 per year
  • Idaho: $1,065 per year
  • New Hampshire: $1,182 per year

Best Car Insurance Companies In USA

  1. Allstate 4
  2. American Family
  3. Amica
  4. Auto-Owners
  5. Erie
  6. Farmers
  7. Geico
  8. Mercury
  9. Nationwide
  10. Progressive
  11. State Farm
  12. The Hartford
  13. USAA

Now that we have gotten how much an insurance for a car costs, we have also seen the various factors that determines these costs. i can tell you that you really need to be prepared before going to a car insurance company.

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