According to data from the National Association of Insurance.
Commissioners (NAIC), drivers in the United States paid an average of $370.73 per year for collision insurance in 2020.
Costs, on the other hand, can vary by location. For instance, in the same year, drivers in California paid the highest annual premium, at $501.64, while drivers in Wisconsin paid the lowest, at $244.82.
Costs may be affected by:
The car has value: Insurance costs for luxury or higher-priced vehicles are typically higher, as are repair costs.
Cost of repair: The general, verifiable expense to fix the vehicle
Crash harms: the kind of damage that your particular car typically suffers from in a crash.
Even if you were at fault for an accident, this kind of insurance will pay for your car’s repairs if any of the aforementioned things happen.
In any case, ask your back up plan for subtleties. Most of the time, animal collisions, like hitting a deer, are covered by comprehensive coverage.
Damage to another person’s property or injuries to you or your passengers that you cause are not covered by collision insurance for automobiles.
