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The average annual car insurance rate in the U.S. is $2,014 for full coverage, which includes optional collision and comprehensive coverage. In Texas, the average annual 12-month rate is slightly ...
For context, the average car insurance rate in the U.S. is $251 per month as of 2023. Here are the cheapest states for car insurance, based on the lowest rates for minimum liability:
The average annual cost of car insurance in Texas for a driver with a clean record is $2,613. After a DUI, however, the average cost of full coverage increases to $3,901 per year.
Car Insurance Costs Surpassed $2,300 in the First Half of 2024. The average annual cost of full coverage hit $2,329 in June 2024, a 15% increase from $2,018 at the end of 2023.
5 states with the highest car insurance rates as of Sept. 1, 2024. In August, Maryland had the highest overall average insurance costs, at $258 per month — a $10 increase from the July average.
According to Quadrant Information Services, the average annual rate for a full coverage policy went up 26 percent from 2023 to 2024, with the current average cost of car insurance sitting at ...
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