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U.S. household expenditure on vehicle insurance 2007-2019

In 2019, the average expenditure on vehicle insurance in the United States amounted to 1,545.28 U.S. dollars per consumer unit.

Average annual expenditure on vehicle insurance per consumer unit in the United States from 2007 to 2019

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Source

Release date

September 2020

Region

United States

Survey time period

2007 to 2019

Supplementary notes

A consumer unit consists of any of the following: (1) All members of a particular household who are related by blood, marriage, adoption, or other legal arrangements; (2) a person living alone or sharing a household with others or living as a roomer in a private home or lodging house or in permanent living quarters in a hotel or motel, but who is financially independent; or (3) two or more persons living together who use their incomes to make joint expenditure decisions. Financial independence is determined by spending behavior with regard to the three major expense categories: Housing, food, and other living expenses. To be considered financially independent, the respondent must provide at least two of the three major expenditure categories, either entirely or in part.
Data are diary-based.
Figures prior to 2018 have been taken from previous publications.

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Statistics on "Car insurance in the United States"

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