What is a normal rate for car insurance?

I think I'm paying too much for car insurance. Most of my friends pay $50 to $100 less than me a month. Is there a normal rate that most people pay?

“When it comes to car insurance, there isn’t a normal rate that most people pay. This is because car insurance rates are unique to each insured’s situation. As a general guideline, the average cost of car insurance is $1,674, although this varies.
Car insurance carriers look at a multitude of factors when determining a rate. This includes:
  • Age
  • Driving record
  • Location
  • Type of car
  • Type of coverage
  • Credit history
The type of coverage your friends have on their policy, how long they’ve been driving, and their driving record could all be reasons why they are paying less than you.
If you feel like you’re overpaying for insurance, shop around. Download the Jerry app to see rates from over 50 different insurers. Maybe next time you see your friends, you can boast about how your insurance is $100 less than theirs.”
Emily Maracle
Answered on Aug 20, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.

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