Car insurance avarage cost

Average car insurance rates by age will vary widely depending upon the age of the driver. When all other factors are the same or equal, older more experienced drivers pay much lower car insurance premium rates than younger drivers.In order to better illustrate how age affects car insurance rates, here is a sampling of rates collected from CarInsurance.com for a 2004 Honda Civic LX. For the purposes of this comparison, the vehicle has been paid off (no loan) and has a manual transmission. The vehicle is driven an average of 40 miles per day.
Coverage for our comparison includes a full comprehensive and collision policy, that offers limits which are considered to be standard coverage limits in most states.

Police Coverage Limits

• Bodily Injury Liability Coverage: $100,000 per person, $50,000 per accident
• Property Damage Liability Coverage: $50,000 per person, $50,000 per accident
• Medical Payments Coverage: $10,000 per person, no accident cap
• Uninsured Motorist Bodily Injury Coverage: $50,000 per person, $100,000 per accident
• Uninsured Property Damage Coverage: $50,000 per accident

Deductible Amounts

• Uninsured Motorist Deductible: $500
• Comprehensive Deductible: $250
• Collision Deductible: $250

Policy also includes coverage for towing and standard rental car coverage. Driver has no tickets or infractions in 5 previous years, and has average credit score.

Drivers Aged 24 Years and Younger Averages

For drivers under the age 24, rates for this automobile for a 6 month policy are as follows:

• Travelers Insurance: $1948
• Direct Insurance: $1954
• Esurance: $2339
• Safeco Insurance: $2920

Drivers Age 25 to 29

For drivers age 25 to 29, the average rates for the same 6 month coverage, for the same vehicle are:

• Travelers Insurance: $649
• Direct Insurance: $1117
• Esurance: $1200
• Safeco Insurance: $1485