How much does a $1,000,000 insurance policy cost?
Term life insurance with $1 million in coverage and a 10-year term length costs an average of $62 per month for men and $59 per month for women. Longer terms cost more because insurers face higher risk over time. A 30-year term policy costs an average of $173 per month for men and $146 per month for women. Car insurance on average is $79. Note that it’s often cheaper to pay for your policy in full rather than monthly.
How much does supercar insurance cost?
Exotic car insurance premiums are notably higher than those for regular vehicles. On average, you might expect to pay anywhere from $5,000 to $20,000 annually. A $500 monthly car insurance premium is more than double the 2025 national average of $209 for full coverage. Drivers most likely to pay $500 or more include teens, those with poor driving records, owners of luxury vehicles, and residents of high-cost states like louisiana and florida.
Why is my car insurance $4000 a year?
Insurers consider many factors when setting prices, including population density (more people means more crashes); weather (hurricanes and hail are costly); local medical and car repair rates; and location, down to the Zip code. Car accidents and traffic violations are common explanations for an insurance rate increase, but other reasons why your car insurance rate can go up include changing your address, adding a new vehicle or driver, increases to claims in your ZIP code, and increases to car repair/replacement cost.