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Average auto insurance rates vary greatly based on a number of factors, like age, vehicle, driving record, amount of auto insurance coverage, credit score, and location. Studies indicate average car insurance rates nationwide for a 26 year old are roughly $1,500 - $1,600 per year. Typical car insurance rates for young drivers are much higher, around $3,000+ per year for an 18 year old. More experienced drivers with good driving records, solid credit scores, and bundled policies receive the best auto insurance rates.
When shopping for the cheapest auto insurance rate, there are several factors to consider. You can call one or multiple car insurance providers to receive an instant auto insurance quote, or you can compare several carriers by requesting auto insurance rates online.