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Full coverage insurance costs $1,997 per year or $166 per month, on average. Full coverage car insurance is more expensive than the legal minimum auto insurance coverage because full coverage usually includes collision and comprehensive insurance as well as the minimum coverage required by a state.
The cost of full coverage car insurance varies based on the state, the driver’s chosen coverage limits, the driver’s risk factors, and the vehicle’s value. Additionally, comprehensive and collision insurance are subject to a deductible, and drivers can select a higher deductible in return for a lower premium. Drivers can also minimize the cost of full coverage car insurance by comparing rates and checking for discounts.
Cheapest Full Coverage Insurance Companies
- Esurance - $1,548 per year
- GEICO - $1,675 per year
- Mercury - $1,919 per year
- USAA - $2,002 per year
- Progressive - $2,016 per year
People also ask
How much is car insurance for a 25-year-old?
Car insurance for a 25-year-old costs an average of $815 per year for minimum coverage. Twenty-five-year-old drivers pay more for car insurance than older, more experienced drivers because insurers consider them to be high-risk, meaning they're more likely to file a claim.
The exact cost of car insurance for a 25-year-old depends on a few factors, including their driving record, gender, location, vehicle, and car insurance company. Some of the best insurance companies for 25-year-old drivers...
read full answer by Candace Baker, Car Insurance WriterHow much is car insurance for a 20-year-old?
Car insurance for a 20-year-old is $1,569 per year for minimum coverage, on average. Twenty-year-old drivers pay even more for full coverage, which typically includes comprehensive and collision insurance in addition to the state's minimum requirements.
Twenty-year-olds pay more for car insurance than older, more experienced drivers because insurers consider them to be high-risk, meaning they're more likely to file a claim. Because the cost of coverage for 20-year-olds is so high, it's important to...
read full answer by Candace Baker, Car Insurance WriterDid we answer your question?
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