According to multiple sources, the average cost of car insurance in the United States varies depending on several factors, including the type of coverage, location, age, and driving record. Here are the average costs of car insurance based on the sources:
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NerdWallet: The national average cost of car insurance is $2,148 per year, which works out to an average car insurance cost of about $179 per month for full coverage insurance, including liability, comprehensive, collision, and additional insurance a state requires drivers to carry.
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MarketWatch: The average cost of full-coverage insurance is $2,008 per year or $167 per month, while minimum-liability coverage averages $627 per year or $52 per month. However, what you pay for auto insurance coverage varies based on your personal rating factors.
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Bankrate: The monthly average cost of car insurance for drivers in the U.S. is $168 for full coverage and $52 for minimum coverage. The average cost of car insurance in the U.S. is $2,014 per year for full coverage and $622 per year for minimum coverage.
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USNews: In the United States, the average cost of car insurance is $1,553 per year. However, car insurance rates fluctuate due to several factors, including where you live, your credit score, and your age.
Based on the above sources, the average cost of car insurance in the United States ranges from $1,553 to $2,148 per year for full coverage insurance, and from $52 to $627 per year for minimum coverage insurance. However, its important to note that these are just averages, and the actual cost of car insurance can vary widely depending on individual factors.
