Average Daily Cost of Comprehensive Car Insurance

I am a British student going on a road trip tour of the U.S. and Canada from Vancouver to L.A. I expect to be on the road from August to November. My friend and I plan to buy a car for $5,000 and want to insure it with comprehensive and collision coverage. What will the average daily cost be of carrying this type of coverage?

Answer

The quotes car insurers provide are typically on a six-month or twelve-month basis, so it’s impossible to give an estimate of the average daily cost of car insurance. If you want to figure it out, though, you can by getting quotes on our site from several insurers. Because of the limited nature of your trip, you would probably want a quote on a six-month policy, which you would then divide by 180 days to get the average daily cost. Also consider adding liability to the policy you plan to buy, as it is required by most states in the U.S. Comprehensive and collision may not be necessary if the car you bought doesn’t have much cash value, which it sounds like it doesn’t.