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How much is a monthly payment of car insurance?
The national average cost of car insurance is $1,630 per year, according to NerdWallet's 2022 rate analysis. That works out to an average car insurance rate of about $136 per month.
The Average Cost of Car Insurance Per Month : Car Insurance
Is car insurance expensive in South Carolina?
Car insurance policies are affordable in South Carolina. The average car insurance rate in South Carolina is $1,361 per year — 4.6% less than the US average. But auto insurance prices are impacted by factors other than the state in which you live.
How much is car insurance in NC a month?
The average cost of auto insurance in North Carolina is $41 per month, or $492 per year, for a minimum coverage policy. The average cost for a full coverage policy is $108 per month, or $1,291 per year.
How much is car insurance per month in SC?
The average cost of minimum liability car insurance in South Carolina is $752 per year, or $63 per month. Minimum-coverage car insurance policies only include the amount of coverage required by your state.
Is auto insurance expensive in SC?
Rates for South Carolina are just below the average cost of car insurance in the U.S., which is $565 for state minimum liability coverage and $1,674 for full coverage per year.
Is car insurance cheaper in South Carolina?
Compared to national averages, South Carolina is just a bit cheaper at $1,512 per year for full coverage and $558 per year for minimum coverage. However, the cost of your car insurance will typically vary based on rate factors like your motor vehicle record, age or ZIP code, among other variables.
How To Estimate Car Insurance Before Buying A Car
Is car insurance cheaper in NC or SC?
Yes, car insurance in North Carolina is cheaper than in South Carolina. North Carolina car insurance rates are an average of $340 per year cheaper than South Carolina, in part because North Carolina is typically less risky for drivers due to lower rate of car accidents and weather-related vehicle damage..
What is the average car insurance payment for North Carolina?
In 2022, the average North Carolina car insurance cost is $1,392 annually for full coverage and $431 annually for state minimum coverage limits.
How much is a monthly payment of car insurance?
The national average cost of car insurance is $1,630 per year, according to NerdWallet's 2022 rate analysis. That works out to an average car insurance rate of about $136 per month.
What is the minimum car insurance in NC?
North Carolina Motor Vehicle Law requires that Automobile Liability coverage be continuously maintained. The minimum coverage requirements are $30,000 Bodily Injury for each person, $60,000 total Bodily Injury for all persons in an accident and $25,000 for Property Damage.