How Much Is Pickup Truck Insurance a Month?

Pickup truck insurance is a necessary expense for anyone driving a pickup truck. With the cost of repairs and medical bills often higher for pickup trucks than for smaller vehicles, it’s important to make sure you’re adequately covered in case of an accident. The amount you pay for pickup truck insurance each month can vary greatly depending on several factors, including the type of coverage you need, your age and driving history, and the make and model of your pickup truck.

Factors that Affect Pickup Truck Insurance Rates

The type of coverage you choose is one factor that will affect your monthly insurance premiums. Liability coverage is typically required by law and pays out when you are deemed at fault in an accident with another driver.

Collision coverage pays out if you’re involved in an accident with another vehicle or object and comprehensive coverage pays out if your vehicle is damaged by something other than a collision, such as vandalism or theft. The more comprehensive the coverage, the higher the premium will be each month.

Your age and driving history also play a role in determining how much you’ll pay for pickup truck insurance each month. Generally speaking, younger drivers who have less experience behind the wheel tend to be more expensive to insure than older drivers with more experience. If you have had multiple tickets or accidents on your record, this could also lead to higher premiums each month.

The make and model of your pickup truck can also influence how much you pay for insurance each month. Pickup trucks that are considered to be more powerful or luxurious may carry higher premiums than those that are mid-sized or basic models due to their greater repair costs if they are damaged in an accident. Additionally, if your truck has been modified with aftermarket parts such as custom rims or exhaust systems, this could also cause your premiums to increase due to increased repair costs if these parts become damaged in an accident.

Average Cost of Pickup Truck Insurance Per Month

The exact cost of pickup truck insurance per month will vary depending on all of these factors, but according to recent statistics from Insurify, the average cost of full-coverage auto insurance for one person with a mid-sized pickup truck was $116 per month in 2020 (this does not include any additional riders). This figure may change over time depending on factors like inflation as well as personal circumstances like age and driving history.

Conclusion
How much is pickup truck insurance a month? The cost of pickup truck insurance per month can vary greatly depending on several factors such as the type of coverage needed, age and driving history, and the make and model of the pickup truck itself. Generally speaking however, Insurify reported that full-coverage auto insurance for one person with a mid-sized pickup truck was $116 per month in 2020 though this figure may change over time due to personal circumstances or inflation rates.

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James Gardner