The cheapest states are: The average cost of car insurance is $6,045 a year for an 18-year-old driver. It’s $2,204 a year for a 30-year-old and $1,847 a year for a 60-year-old for full coverage ...

It differs for a 40-year-old and a 25-year-old individual paying premiums for the same insurance policy, availing similar coverage. Healthcare costs are projected to soar higher in the coming years.

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