As you can see the average car insurance rate in relation to age goes down very quickly for our example driver.

Average auto insurance rates by state and age. Annual Minimum Coverage Cost. Because they have more driving experience older drivers are likely to pay less for coverage. The average auto insurance cost in Ontario is 1634 per year.

Annual Full Coverage Cost. Insurance companies use age as a way to predict driving ability. In many states average rates declined from 2020 to 2021 but in Louisiana rates climbed 19 to an average premium of 2839.

2769 females 3195 males. 992 females 1088 males. Based on this trend one could expect that the car insurance rate is set to increase further in 2020.

New drivers not only pay more for car insurance than other drivers but a lot more. If you look at the chart below a 20-year-old male driver will pay 1129 per year for standard minimum liability coverage. Average Annual Car Insurance Premium.

Average price per car. This has to do with how insurance companies assign risk to drivers of varying ages. Car Insurance Rates By State for 2020 with Interactive Map.

How much would car insurance cost for a 22-year-old. As drivers age their car insurance rates typically change as well. Car insurance cost for a 22-year-old.