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| How Much Does Car Insurance Cost? |
Car insurance is essential for legal driving in most states. Here’s what you can expect to pay:
Full Coverage Car Insurance:
- The national average cost for full coverage car insurance is $2,150 per year. Full coverage includes liability insurance, comprehensive coverage (for theft and damage to your own vehicle), and collision coverage.
- The cheapest car insurance companies for full coverage are USAA, Auto-Owners, and Geico. Note that USAA is available only to drivers with a military affiliation.
- The cheapest states for full coverage are Idaho, Vermont, and Ohio.
Minimum Coverage Car Insurance:
- Minimum coverage provides the state-mandated amount of liability insurance required to drive legally. It’s usually the cheapest type of car insurance.
- Drivers with minimum liability coverage pay an average of $467 per year. Keep in mind that this type of policy doesn’t cover damage to your own vehicle.
- Depending on your state, minimum coverage might also include uninsured motorist coverage, personal injury protection, or medical payments insurance.
State Variations:
- The cost of car insurance varies significantly by state. The most expensive states are New York, Florida, and Louisiana.
- To find specific rates for your state, consider using tools like Bankrate’s analysisor ValuePenguin’s car insurance calculator.
Remember that individual factors like age, driving history, gender, and vehicle type also influence your car insurance rates. Always compare quotes from different insurers to find the best deal! 🌟
https://www.a2znews24.in/2024/07/navigating-insurance-with-allianz.html
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