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Geico offers the cheapest average car insurance rates for 20-year-old drivers at about $89 per month or around $1,078 per year. Skip to article. Comprehensive auto insurance is supplementary, meaning it’s an optional coverage which can be added. 45), and Michigan ($1,418. The longer a claim not made against your own policy, the higher discount you will. Follow these. Step 3 - Make, Model, and Variant (MMV): Input the make, model, and variant. Key Things to Know About Insurance Increases After an Accident. Step 3: Get your quote. The average car insurance cost is £851 for a 20-year-old versus £486 for a 55-year-old – that’s 75% more! The average car insurance cost in Greater London is £1,006. So the monthly payment would be $608. 4. Progressive - Best for Customizable Premiums. The 80/20 coinsurance percentage means that you pay 20 percent of your medical costs up to a maximum amount, and your insurance. For example, the best cheap. 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