Average Car Insurance Costs per Month

Everybody has own way of dealing with payments. Normally, you should be able to find a payment method that fits your budgeting style. If you like to pay your bills on a monthly bases it helps to know how much is the average car insurance per month in your state? This information would help you plan ahead when you are considering buying a new vehicle. The average auto insurance cost per month can also be used to see if your premium is high or low in comparison.

Can You Pay Car Insurance Monthly?

Usually, you can pay auto insurance premium monthly with most insurers. Most companies do installment payment but not all of them allow monthly payment as we understand. If you must pay monthly you should check this point before you compare auto insurance companies for price.

In addition, you should check if it costs extra to divide premium per month. Companies vary widely in their practices. Some companies may charge extra for allowing policyholders spread their premiums while few others may offer this option free of charge. Usually, charges for monthly premium payment option are nominal. Also, some companies may require pre-authorized debit (PAD) while others allow you to pay manually each month by signing up to your online account or sending checks by post. Again, some companies may charge for credit card payments while others don’t. Unfortunately, there is no set answer and you need to check with the insurer before accepting a quote.

Furthermore, some insurers may offer a small discount for paying the premium in full to encourage policyholders. This may be because their quotes are already pre-loaded for instalment or they are very keen to get their money quickly. One point to watch is that you may need to ask for this discount as they may not give full payment discount unless the customer asks for it.

How Much Does Car Insurance Cost per Month?

Premiums are almost as personal as DNA. Your personal circumstances like your auto, additional drivers, zip code, age, credit score, driving record, gender, marital status and so on differentiate your rates from others. That is why it is difficult to answer this question on a per person basis. The best way of finding out is to get a few quotes. If you only get one quote you only know how much that particular insurer charges. But getting several quotes will give you a pretty good idea about how much you should pay for auto insurance.

On the other hand, it is possible to calculate average vehicle insurance per month in your state. There are enough data to give you a median figure and make an educated guess on the cost of certain types of policies. We can determine the typical monthly vehicle insurance premium cost by looking at average premium expenditure in your state.

Furthermore, we can have a good guess on how much is full coverage auto insurance for a typical driver based on several studies. Our findings are displayed on the table below. If you want to know our methodology and resources we used on reaching these figures you should check our post titled; how much does vehicle insurance cost because this post uses the same data for the table. The key difference is that this post is about average cost of car insurance per month. We haven’t added any extra cost for paying automobile insurance monthly because the costs are generally negligible and rounded the figures to the nearest full figure.

The first column displays the median premium expenditure per vehicle in each state. Unfortunately, it doesn’t tell us what is the type of policy purchased by most people. However, it is not difficult to guess by looking at the difference between the cost of average policy and full coverage vehicle insurance estimate. When the gap is wide you can assume that most people in your state buy some sort of liability auto insurance with add ons and fall short of buying full coverage. On the other hand, when the gap is narrow you can say that most people prefer full coverage. Just to give you an idea, about 72% of US auto insurance policies are for full coverage or better.

The second column displays average cost of full coverage car insurance per month based on quotes for a typical driver who is middle aged and has clean driving record. This column allows you to see how much premiums are different in each state because the figures are based on the same details. The table is great in showing median monthly car insurance costs for a typical policy and a full coverage policy. If you can afford it you should try to get full coverage with good level of liability cover.

Table: State by State Average Expenditure & Average Full Coverage Car Insurance per Month

State Average spent on
car insurance (rank)
Average cost for
full coverage (rank)
Alabama $56 (38) $112 (20)
Alaska $74 (14) $90 (37)
Arizona $68 (18) $99 (31)
Arkansas $59 (36) $112 (19)
California $65 (22) $146 (7)
Colorado $65 (23) $116 (16)
Connecticut $84 (9) $114 (17)
Delaware $91 (7) $134 (11)
District of Columbia $99 (2) $148 (6)
Florida $95 (5) $138 (8)
Georgia $67 (19) $130 (12)
Hawaii $62 (29) $87 (41)
Idaho $46 (51) $78 (48)
Illinois $62 (27) $86 (42)
Indiana $52 (45) $93 (36)
Iowa $48 (50) $82 (44)
Kansas $56 (39) $95 (35)
Kentucky $64 (24) $108 (23)
Louisiana $96 (4) $154 (4)
Maine $49 (48) $67 (51)
Maryland $82 (11) $134 (9)
Massachusetts $84 (10) $110 (21)
Michigan $94 (6) $228 (1)
Minnesota $62 (28) $105 (27)
Mississippi $64 (26) $106 (25)
Missouri $59 (34) $88 (39)
Montana $57 (37) $191 (2)
Nebraska $53 (43) $99 (30)
Nevada $78 (12) $102 (28)
New Hampshire $61 (31) $78 (47)
New Jersey $104 (1) $159 (3)
New Mexico $60 (32) $106 (24)
New York $99 (3) $88 (40)
North Carolina $52 (44) $82 (45)
North Dakota $50 (47) $100 (29)
Ohio $55 (40) $75 (50)
Oklahoma $64 (25) $148 (5)
Oregon $65 (21) $106 (26)
Pennsylvania $70 (16) $109 (22)
Rhode Island $89 (8) $134 (10)
South Carolina $66 (20) $113 (18)
South Dakota $48 (49) $97 (32)
Tennessee $59 (35) $95 (34)
Texas $75 (13) $126 (13)
Utah $62 (30) $88 (38)
Vermont $55 (41) $79 (46)
Virginia $60 (33) $85 (43)
Washington $70 (17) $97 (33)
West Virginia $72 (15) $121 (14)
Wisconsin $52 (46) $76 (49)
Wyoming $53 (42) $118 (15)
National average $70 $110

It is worth reminding again that these are only average monthly automobile insurance costs and you may pay a little bit less or more depending on your details and requirements. If you are a teenager or had a recent accident claim you will pay a lot more than the average car insurance cost per month. In the same way, you may be charged a lot less if you are a very good driver with no adverse record and perfect credit.

Also, your premium can be hugely different depending on the insurer you choose. Your premium can be 3 or 4 times higher if you choose one of the most expensive insurers, instead of spending a little time to find the most competitive one for you. You may be a perfect candidate for cheap quotes but it doesn’t mean anything if you cannot find who has the cheapest automobile insurance. So, take your time to find your ideal insurer.

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