Average American Spends More than $80,000 on Car Insurance in Their Lifetime
FREE Car Insurance Comparison
Compare quotes from the top car insurance companies and save!
Secured with SHA-256 Encryption
UPDATED: Mar 13, 2020
It’s all about you. We want to help you make the right coverage choices.
We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn't influence our content. Our opinions are our own.
The average American spends a staggering $84,388 on car insurance in their lifetime.
No, that’s not a typo. That’s your bill, according to the latest analysis of car insurance quotes by Insurance.com.
The company arrived at this figure using the assumption that people buy their first car at 21, get married at 27, and then add two teen children to their auto insurance policy between the ages of 46 and 50.
The real rise in insurance rates happens when teen drivers hit the road, as we all know the cost of teen car insurance can be astronomical.
This figure also takes into account a variety of drivers with all types of insurance claims and driving records.
The good news, I guess, is that you may pay substantially less than this if you are a good driver and force your 2.5 kids to pay for their own insurance (like I did, thanks to McDonalds and various pizza delivery companies).
Related: How can I lower my car insurance rate?