How much is full coverage insurance?

The average full coverage car insurance cost is $1,895 per year, or about $158 per month, according to's most recent data. That’s based on coverage of 100/300/100 ($100,000 per person, $300,000 per incident for injuries, and $100,000 for property damage.) The average cost of state minimum coverage, which offers much less coverage, is $502 annually.

Car insurance rates are very specific to the driver: Your age, driving record, credit history and location count, and the kind of car you are driving. Rates vary by hundreds or even thousands of dollars from company to company. That's why we always suggest comparing quotes as your first step to saving money.

How much does full coverage insurance cost in your state?

The average cost of full coverage car insurance in the U.S. is $1,895 a year, or $158 a month. That’s based on 100/300/100 liability limits with $500 deductibles. These are averages, and many factors affect auto insurance rates, so your rates will differ.

Maine is the cheapest state for full coverage car insurance, with premiums that cost $1,175 annually. The three cheapest states for this level of coverage and their annual premiums are: 

  • Maine: $1,175
  • New Hampshire: $1,265
  • Vermont: $1,319

At the other extreme, Louisiana is the most expensive state for full coverage car insurance, with premiums that cost $2,883 annually. The three most expensive states for full coverage are: 

  • Louisiana: $2,883
  • Florida: $2,694
  • California: $2,416

Below you’ll find how much full coverage costs in each state.

State State minimum coverage Full coverage (100/300/100), $500 deductible Difference
Alaska$398 $1,676 $1,278 
Alabama$433 $1,860 $1,427 
Arkansas$397 $1,957 $1,560 
Arizona$516 $1,812 $1,296 
California$551 $2,416 $1,865 
Colorado$437 $2,337 $1,900 
Connecticut$704 $1,725 $1,021 
Washington D.C.$558 $2,157 $1,599 
Delaware$788 $2,063 $1,275 
Florida$993 $2,694 $1,701 
Georgia$577 $1,970 $1,393 
Hawaii$396 $1,517 $1,121 
Iowa$260 $1,630 $1,370 
Idaho$357 $1,428 $1,071 
Illinois$421 $1,532 $1,111 
Indiana$417 $1,515 $1,098 
Kansas$434 $1,900 $1,466 
Kentucky$606 $2,228 $1,622 
Louisiana$722 $2,883 $2,161 
Massachusetts$511 $1,726 $1,215 
Maryland$727 $1,746 $1,019 
Maine$335 $1,175 $840 
Michigan$604 $2,266 $1,662 
Minnesota$475 $1,911 $1,436 
Missouri$488 $1,982 $1,494 
Mississippi$463 $2,008 $1,545 
Montana$350 $2,193 $1,843 
North Carolina$476 $1,741 $1,265 
North Dakota$349 $1,665 $1,316 
Nebraska$331 $1,902 $1,571 
New Hampshire*$397 $1,265 $868 
New Jersey$853 $1,902 $1,049 
New Mexico$421 $2,049 $1,628 
Nevada$720 $2,060 $1,340 
New York$731 $1,870 $1,139 
Ohio$362 $1,417 $1,055 
Oklahoma$408 $2,138 $1,730 
Oregon$641 $1,678 $1,037 
Pennslyvania$375 $1,872 $1,497 
Rhode Island$646 $2,061 $1,415 
South Carolina$720 $2,009 $1,289 
South Dakota$307 $2,280 $1,973 
Tennessee$442 $1,677 $1,235 
Texas$572 $2,043 $1,471 
Utah$582 $1,825 $1,243 
Virginia$428 $1,469 $1,041 
Vermont$306 $1,319 $1,013 
Washington$438 $1,608 $1,170 
Wisconsin$365 $1,664 $1,299 
West Virginia$510 $2,005 $1,495 
Wyoming$288 $1,758 $1,470 

Data updated in 2024
Read our full methodology

*New Hampshire doesn’t require drivers to have car insurance, but most drivers do, and we’ve listed what is mandated if you choose to carry coverage.

Full coverage car insurance cost by company

Nationwide offers the best deal on full coverage car insurance. Premiums average $129 per month, or $1,548 annually. USAA offers cheaper coverage to people who are eligible. 

Below you’ll find the cheapest companies for full coverage car insurance.

Full coverage car insurance cost by company
CompanyAverage annual premiumAverage monthly premium
State Farm$1,975$165

*USAA only provides coverage to military members, veterans and their families.

Best car insurance for full coverage 

The best full coverage car insurance policies are offered by Erie, according to’s data. The insurer earned a 4.67 overall score. Auto-Owners and Travelers followed, receiving scores of 4.65 and 4.62, respectively. 

Below is a full list of the top insurance companies for full coverage based on price, NAIC complaint ratio, customer satisfaction and AM Best financial ratings. The total score is calculated out of five using these factors.

Best car insurance for full coverage
Company Overall rating Average premium Customer Satisfaction AM Best NAIC
Auto Club Group (AAA)4.294.513.75A+0.77
State Farm4.273.234.24A++0.7
American Family4.014.224.32A1.1
CSAA Insurance Group (AAA)3.501.004.05A0.75
Auto Club of Southern California (AAA)3.302.074.15A-2.21

In the rankings, full coverage includes liability limits of 100/300/100 and $500 deductibles.

Choose the right coverage using our car insurance coverage calculator

Use's online car insurance calculator to get a personal recommendation for what kind of car insurance coverage you should buy and what deductibles to consider.

How to get cheap full coverage car insurance

The best way to find the cheapest full-coverage car insurance is to shop around and compare quotes. Insurance companies rate risk differently, which can result in dramatic differences in premium quotes. In addition to shopping around, here are a few tips for getting cheaper full coverage car insurance:

  • Raise your deductible. A higher deductible is the easiest way to get lower rates, but make sure you can afford it if you need to pay it.
  • Bundle your coverage. You can save on your car and home or renters insurance when you buy from the same company.
  • Ask about discounts. There are dozens of possible car insurance discounts available, so make sure you’re getting everything you qualify for.

When should you drop full coverage on your car?

While there is no specific time at which you can or should drop full coverage, there are a few ways to decide.

First, if your loan is paid off and you feel comfortable covering the cost of repairs or replacement after an accident, you may want to drop your comprehensive and collision coverages.

A car's value drops with each passing year, and so do the insurance premiums. At a certain point, most drivers would choose to accept the risk and bank the collision and comprehensive premiums because they would be unlikely to find a reliable replacement with the insurance payout.

Consider how much you are paying for the additional coverage and how much your car is worth. Putting that extra money aside may be the wiser choice. If you don’t have an accident, it stays in your pocket. If you do, hopefully, you’ve saved enough to cover it.

Full coverage car insurance: Our recommendation

Full coverage car insurance is more expensive than liability-only, but it's the right choice for a lot of people.

You should pay extra for full coverage if:

  • You have a loan or lease on your car (it will be required)
  • You can't afford to repair or replace your car out of pocket
  • You have a newer car that would be expensive to repair or replace
  • You simply want peace of mind

You can save the money and buy liability-only if:

  • You own your car outright
  • You have an older, low-value car
  • You have the savings to replace or repair your car

Methodology commissioned 2023 full coverage insurance rates from Quadrant Data Services for coverage of 100/300/100 with $500 deductibles. Rates were fielded from multiple companies in ZIP codes across the country. Rates are based on a 40-year-old male driver with a clean record, driving a 2023 Honda Accord LX. The content is updated for 2024.

Auto insurance FAQs

How much is full coverage insurance on a new car?

There is no difference in the cost of full coverage car insurance between a new and a used car. That is to say, the answer to the question “How much is full coverage on a used car?” is the same: it depends.

The average cost of full coverage car insurance in 2023 is $1,895, according to data. That will vary based on a wide variety of factors. The car's value is more important than whether it’s new or used.

How much is full coverage insurance a month?

The monthly cost of a full coverage policy varies, but based on the annual national average, the monthly cost would be $158.

Do you have to have full coverage insurance when financing a car?

In almost all cases, the answer to this question is yes. If you are financing your vehicle, your lender will require that you carry minimum full coverage to protect its investment in your vehicle.