Average insurance costs
Auto insurance
| Coverage level | Typical monthly cost (US average) |
|---|---|
| State-minimum liability | $50 – $90 |
| Full coverage (100/300/100, $500 deductible) | $150 – $210 |
| Full coverage, young driver (under 25) | $250 – $400+ |
Paying well above $200/month for full coverage with a clean record? The crowd would probably call that overpaying.
Homeowners insurance
| Coverage level | Typical monthly cost (US average) |
|---|---|
| $200k dwelling coverage | $100 – $140 |
| $300k dwelling coverage | $140 – $190 |
| High-risk states (FL, TX, LA, CA) | $200 – $400+ |
Coastal and wildfire-prone states run much higher. If you're inland and paying $250+/month, shop around.
Renters insurance
| Coverage level | Typical monthly cost (US average) |
|---|---|
| $20k personal property | $12 – $18 |
| $30k personal property | $15 – $25 |
The best deal in insurance. If you're paying more than $25/month, you're almost certainly overpaying.
Life insurance (term, healthy non-smoker)
| Policy | Typical monthly cost (US average) |
|---|---|
| $250k, 20-year term, age 30 | $15 – $25 |
| $500k, 20-year term, age 30 | $22 – $35 |
| $500k, 20-year term, age 45 | $55 – $90 |
| Whole life, $250k, age 30 | $200 – $350+ |
Term life is cheap when you're young and healthy — that's the whole point of buying early. Whole life costs roughly 10x more; make sure you know why you're buying it.
Average car insurance cost by state
Car insurance varies more by state than almost anything else. Pick your state for the 2026 estimated average, national ranking, and real quotes from drivers there:
Average car insurance cost by company
The company you pick matters almost as much as the state you live in. Pick one of the six largest US auto insurers for its 2026 average premium, how it compares to the others, and real quotes from its customers:
What moves your rate most
- State & ZIP code — the single biggest factor for auto and home.
- Driving record — one at-fault accident can raise auto premiums 40%+.
- Credit-based insurance score — used in most states; big impact.
- Deductible — raising it from $500 to $1,000 often cuts 10–20%.
- Discounts — bundling, paperless, good student, homeowner, telematics.