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Anonymous
Anonymous asked in Cars & TransportationInsurance & Registration · 2 weeks ago

How much does it cost to insure your new car?

I want to buy a new car. I currently drive an old beater that pretty much on it's last legs. One thing i liked about driving the beater was the cheap insurance i am only paying $230 every 6 months. If i do decide to get a new car with full coverage how much would i pay more?

13 Answers

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  • Rita
    Lv 6
    1 week ago

    But if you're just trying to get a ballpark figure about how much people pay for coverage, you're in luck. The average cost of auto insurance in the U.S. is around $1,134 per year (or about $95 per month), according to a report from the National Association of Insurance Commissioners.

  • Anonymous
    2 weeks ago

    Collision insurance is based on the VALUE of the vehicle.  Care to share that, or shall I guess?

  • F
    Lv 7
    2 weeks ago

    I don’t know how US car insurance works, but in the U.K. , most of what you pay is to cover a major accident and someone getting killed and the liability for that which could run into 1000s. 

    To that end the type of car and your driving record has a much bigger effect on your premium than the value of the car.

  • Scott
    Lv 7
    2 weeks ago

    What it costs to insure MY new car has nothing to do with what it might cost YOU to insure YOUR new car. Insurance premiums are based on personal information, it is not one price for everyone.

  • 2 weeks ago

    All of your previous answers are correct.  I have a vehicle valued at about $21,000.  I pay $560 per year for collision and comprehensive coverage, with a $1,000 deductible on both.

  • ?
    Lv 6
    2 weeks ago

    No one here can possibly tell you what some insurance company will charge you.  You need to ask some insurance companies.  First though, you need to tell them the make, model and year of the car that you want to insure.

  • Jay P
    Lv 7
    2 weeks ago

    That's a question you need to ask your insurance agent or broker.

  • Anonymous
    2 weeks ago

    Expect to pay over $400 a month for car payment and insurance if you are buying a car over $20k. 

  • Anonymous
    2 weeks ago

    We cannot tell you, but this is not rocket science. Call your insurance company, tell them what you want to buy, and they'll give you a quote. You might also check with a broker than handles multiple companies and see if you can get a better rate. Quotes are free. 

  • ?
    Lv 7
    2 weeks ago

    i would ask whoever youre buying the car from

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