Jackie LoVerme Vice President of Strategic Partnerships | Insurify
Car insurance rates in the United States have shown stability as of December 2024, with national averages for full coverage and liability-only policies remaining unchanged from November. According to Insurify data, the average cost for full coverage stood at $193 per month, while liability-only policies averaged $105 per month.
In the latter half of 2024, national average car insurance rates experienced minor fluctuations. However, certain states saw significant changes in December. Washington reported a $49 increase in its full-coverage average monthly rate, and Washington D.C.'s liability-only average rose by $15.
The cost of car insurance varies significantly across states due to factors such as exposure to extreme weather, traffic congestion, accident rates, and vehicle crime rates. For instance, Washington D.C. saw the most substantial increase in full-coverage policy costs, rising to $283 from $252. Conversely, Louisiana experienced the largest decrease in full-coverage rates by $7 per month.
New York had the highest overall car insurance costs as of January 2025, with an average of $282 per month. The state also led in liability-only coverage rates at $247 per month. Maryland followed closely with a full-coverage cost of $338 per month.
On the other hand, North Carolina recorded the lowest overall average car insurance rate at $81 per month in December 2024. Its full-coverage rate was $106 on average, while liability-only averaged at $56.
Factors influencing car insurance rates include driving history, age, gender, location, credit history, vehicle make and model, usage patterns, equipment features like safety systems, coverage type and limits, and deductible amounts.
To reduce car insurance costs, drivers are advised to maintain safe driving habits and seek discounts offered by insurers. Increasing deductibles can also lead to lower premiums. Additionally, comparison shopping is recommended when renewing policies.
Insurify's analysis involved over 97 million rates from applications within its database to determine premium averages across all states and Washington D.C., reflecting real quotes from over 50 partner companies for drivers aged between 20 and 70 with clean records and good credit scores.