Car insurance is a requirement for anyone on the road. But, it’s often a large expense. According to Bankrate, the average cost of full-coverage car insurance across the U.S. is $2,014 per year.
There are a handful of factors that influence the amount you’ll pay for coverage, also called your premium: things like your driving record, the number of miles you drive per year, where you live and even your credit score. When pricing your policy, insurance companies weigh these factors differently — sometimes resulting in one insurance company offering you a very different price than another insurance company.
