Average cost of insurance in the US (2026)

Insurance costs vary widely by type: full-coverage car insurance averages about $1,484 a year, homeowners around $2,852, renters just $152, a healthy 35-year-old's $500k term life policy about $47.00 a month, and an unsubsidized benchmark ACA plan roughly $625 a month. Here's the 2026 breakdown — with a free calculator for each.

Car insurance (full coverage)

$713/yr for state-minimum

$1,484

per year

Homeowners insurance

at $400,000 dwelling coverage

$2,852

per year

Renters insurance

at $30,000 personal property

$152

per year

Term life ($500k, 20-yr)

$47.00/mo, healthy 35-yr-old

$564

per year

ACA benchmark health plan

$625/mo before subsidy, age 40

$7,500

per year

These are national averages — your actual cost depends on your state, age, property, health and coverage choices. Use the linked calculators for a personalized estimate, then compare a real quote.

How this estimate is calculated

National averages computed from 2026 published average-rate data: car and home/renters premiums averaged across all 50 states + DC, term life from average $500k/20-year rates for a healthy 35-year-old, and the ACA figure from the national-average benchmark Silver plan for a 40-year-old before subsidies. Your own costs vary by state, age, property, health and coverage.

See our full methodology for assumptions, limits and the 2026 data used.

Sources

Written by: Colson — Founder & insurance-data researcher, ColsonSuperApps LLC
Verified: Every figure checked against its cited primary source
Last updated: June 13, 2026
Standards: Editorial policy

This is an estimate based on published average-rate data for informational purposes only — not a quote, and not insurance, legal or financial advice. Your actual price depends on the carrier and underwriting. Get a real quote for exact pricing.