How Much Does the Average American Spend on Car Insurance and HOW Much Did this Ferrari Cost!?

Imagine this: you're driving a Ferrari 250 GTO in a historic race and finish without a scratch on car, but when you drive off the raceway and onto the streets, the car in front of you stops short. In other words, you messed up big time. This wreck happened last year and was the most expensive car crash in history at an estimated cost of $30,000,000-$35,000,000 USD. A big oops that came at a price higher than most countries' GDP.

Given you're much more likely to drive a Honda "who-gives-a-crap" Accord, and rear-end a Toyota "get-out-of-my-fcking-way" Prius, car accidents are expensive, and likewise so is auto insurance. But it's easy to find good coverage at the best price for you.

The average price for car insurance in America is currently around $150/month, and insurance costs depend on a number of factors including your age, state, and amount of coverage you require. So, how do you know if you're spending too much or if you're already locked into a sweet deal?

Trying these insurance rate quote comparisons every once in a while is a good idea. Especially when some of us should really consider getting better coverage. A good one I tried recently to find a better rate on car insurance for me and my husband, is called Solid Quote.

It took me all of 20 seconds to fill out some non-invasive, yet relevant information on a form, and I immediately got insurance quotes from a number of providers in my area. Turns out there are better deals out there from some well known brands, and we're just going to switch at the end of our term. It's nice to stay informed. I figured I'd share the tip with our readers. Follow this link to get your latest auto insurance quotes from several providers in your area.