Leif Olson, Car Insurance Writer
@leif_olson_1
Yes, $200 a month for car insurance is expensive, especially for minimum coverage. Minimum coverage costs about $60 per month on average, while full coverage costs an average of $166 per month, so paying $200 monthly would be a lot.
Average Cost of Car Insurance by Company
| Company | Cost for Minimum Coverage | Cost for Full Coverage |
| $39 per month | $163 per month | |
| $41 per month | $152 per month | |
| $44 per month | $235 per month | |
| $46 per month | $189 per month | |
| $53 per month | $211 per month | |
| $60 per month | $219 per month | |
| $91 per month | $285 per month |
Average monthly premiums reflect nationwide quotes for a 45-year-old driver with a clean driving record.
Keep in mind that individual car insurance rates can vary based on factors such as your driving record, age, and location. To learn more, check out WalletHub’s guide to the cheapest car insurance companies.
People also ask
How much is car insurance monthly?
Car insurance costs $60 per month, on average, for a minimum coverage policy, although individual rates might vary. Full coverage car insurance is more expensive because it also pays to repair or replace your car after it is damaged by a crash or something other than an accident, like vandalism.
Average Price of Car Insurance per Month
| Driver’s Age | Average Monthly Premium |
| ... | $278 |
Can I get classic car insurance without a garage?
Yes, you can get classic car insurance without a garage, though finding an insurance company to cover your vehicle may be difficult, and you’ll still need a safe place to store the car. Instead of a garage, some companies may allow you to store your vehicle in a driveway, carport, barn, trailer, or storage unit, for example.
Storage Requirements by Classic Car Insurance Company
Even though a garage is a common requirement for classic...
read full answer by Milvionne Chery Copeland, WriterHow much should I pay for full coverage auto insurance?
You should pay between $1,100 and $4,500 per year for full coverage auto insurance, depending on your state. The average cost of full coverage insurance is about $1,997 per year, though the exact price depends on how much coverage you purchase, your characteristics as a driver, and your insurance provider. Since the cost of full coverage insurance varies between drivers and insurers, it’s best to get quotes from at least three different companies before purchasing a policy.
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