The national average cost of an auto insurance premium in 2003 was determined by the National Association of Insurance Commissioners (NAIC) to be $939. The Insurance Information Institute (III) estimates the average cost for auto insurance nationwide for 2006 at $867 so rates are the decline in some areas of the US. In 2007, rates continued to decline. 2008 is expected to see the first start of minor rate increases around the country.

While we were unable to find a breakdown of the nationwide statistics on the average price of motor vehicle insurance by age groups, we can tell you that typically teenager drivers and drivers under 25 years of age have some of the highest auto insurance premiums. Young drivers have proven to be high-risk drivers for insurance companies due to the high rate of accidents and their inexperience to operate a vehicle.

Male drivers under the age of 25 typically have the highest premiums. Females normally cost a bit less to insure because of statistics showing they are not as aggressive behind the wheel. If you are under 25 and married t is likely that your rates would be a little lower than a single driver of the same age.

Where you live in the United States will also affect your rates. Many state insurance regulators (Departments of Insurance office) have comparison charts of rates that consumers can download. Often this data includes rates for different areas of the state as well as for different age groups. If you were interested in finding out the average cost for auto insurance for 18 to 25 year old drivers in your particular state, we would recommend contacting your state's Department of Insurance.

To see if new statistical data has been gathered that shows the average cost of auto insurance for different age groups nationwide you may want to try contacting the Insurance Information Institute (III.org) and the National Association of National Commissioners (NAIC.org).