How Much Is Monthly Insurance 2024. The average cost of life insurance nearly doubles every decade you age, so those who put off getting coverage because they think it costs too much might end up paying too. In 2024, the average cost of a full coverage car insurance policy is $158 a month.
Monthly car insurance costs vary so widely based on a driver’s age. Full coverage car insurance costs an average of $2,458 per year, while minimum coverage is $678 per year.