Auto Insurance

How much on average will a new person pay for car and health insurance?


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Wiki User
2012-06-26 21:46:59
2012-06-26 21:46:59

There is no average cost for any age groups auto insurance. There are far too many factors that go into the calculation of auto insurance premiums to randomly come up with the numbers. In addition to the age of the driver, you have marital status, good student discounts, driver education discounts, make, model, year, of vehicle, discounts and surcharges for type of vehicle, coverage limits, multi-car discount, use of the vehicle, distance driven daily, physical damage deductibles, and many other factors that have to do with the price.

And that is just the car insurance.

Read more: What_is_the_average_cost_for_a_17_year_olds_car_insurance


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Health insurance rates are based on many variables, but the average cost of health insurance for a single person is roughly $3000 per year.

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On average Americans will spend $94,000 on insurance during their life. The types of insurance Americans will spend this money on are health, auto, home and life.

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