Car How Much Car Insurance Do I Need Reddit insurance is one of those things that we take for granted. We assume that we’ll be fine as long as we have the minimum required coverage. But what if something happens and you don’t have the right amount of coverage? In this article, we will explore the ins and outs of car insurance and help you figure out exactly how much you need. From collision to comprehensive, we will cover it all so that you can make an informed decision about your coverage.
What is the Average Cost of Car Insurance in the United States?
The average cost of car insurance in the United States ranges from a low of $1,361 per year for drivers under the age of 25 to a high of $4,609 per year for drivers over the age of 70. The cost of car insurance also varies based on your driving record, whether you have collision and comprehensive coverage, and where you live. To find out how much car insurance you need, use our free online tool.
How Much Does Each State Cost on Average?
Each state costs a different amount on average when it comes to car insurance. In order to figure out how much you need, you’ll first need to find the value of your vehicle and add that number to your state’s average cost. Then, subtract your personal deductible and any other excesses you may have on your policy. Keep in mind that rates can vary significantly from one state to the next, so make sure to compare quotes before settling on a plan.
Here are the average annual costs for car insurance in each state:
Hawaii: $1,915
Alaska: $2,646
Arizona: $2,564
New Mexico: $2,518
Oklahoma: $2,391
Oregon: $2,355
Are There Any Special Requirements for Car Insurance in Certain States?
There are a few specific things to keep in mind when shopping for car insurance in certain states. In some cases, you’ll need to be sure your policy covers property damage, while others may require you to carry collision and comprehensive coverage. Some states also have their own minimum requirements, so it’s important to do your research before buying a policy.
Here are the most common minimums for car insurance in various states:
Alabama – $25,000 per person/$50,000 per accident
Arizona – $10,000 per person/$20,000 per accident
Arkansas – $25,000 per person/$50,000 per accident
California – $20,000 per person/$40,000 per accident
Colorado – $15,000 per person/$30,000 per accident
Connecticut – $30,000 per event ($10 million liability limit) Idaho – No minimums Nebraska – $25,000 per occurrence Oklahoma- No minimums Texas- No minimums Utah- No minimums Vermont- No minimums Virginia- $50K for single injury; $100K for multiple injuries Washington- No minimums West Virginia- $25k for single injury;$50k for multiple injuries
Conclusion
There is no one-size-fits-all answer to this question, as How Much Car Insurance Do I Need Reddit the amount of car insurance you need will depend on a number of factors, including your driving record and the type of vehicle you drive. However, our guide should provide you with an idea of how much car insurance you might need in order to cover your How Much Car Insurance Do I Need Reddit specific needs. If you are still unsure about whether or not car insurance is right for you, consider speaking to a representative from an insurer that can help assess your situation and give you a personalized quote.
