When it comes to car insurance, the cost can vary greatly depending on a variety of factors. From your driving and car history to the state you live in, there are many elements that can affect the price of your policy. News surveyed more than 10,000 drivers to learn about their experience with auto insurance, including topics such as customer service, claims management and customer loyalty. In this article, we'll explore the average cost of car insurance, what factors influence it, and how you can save money on your policy.When it comes to full-coverage insurance, the cost is typically more than twice that of exclusive liability coverage.
Drivers with a history of driving under the influence of alcohol or while intoxicated should consider getting free car insurance quotes from several companies. North Carolina has the largest relative increase in insurance rates, as premiums increase by more than 255% for a driver with a DUI.A friend with a similar demographic in your local area might receive a lower car insurance rate from a certain company than yours. Superior safety features and a lower chance of total loss may be factors that contribute to larger, more expensive cars being cheaper to insure. The table below shows the average car insurance rates with full coverage for each state and the District of Columbia.
The average cost of car insurance is 42% lower for drivers with good credit compared to drivers with bad credit.Young drivers will pay more for car insurance, since car insurance quotes are based on the driver's age and years of experience. When broken down into a monthly payment, the average cost of a car insurance premium with full coverage only exceeds $200 in three states. However, once you've paid for your car, you can cancel comprehensive and collision coverage, which will lower your rates but also mean that you'll have less coverage after an accident.Car insurance costs vary greatly by location due to the minimum insurance requirements and laws of each state, local risk factors, and more. You can also provide protection for passengers in your car, as they could receive medical payment coverage and protection against personal injury to help them pay their expenses in the event of an accident.As you can see, age doesn't seem to have much of an impact on car insurance rates, with the exception of teenage drivers.
Ultimately, it's important to shop around for quotes from different companies to find the best deal for you.