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: New cars feature expensive modern technology that makes repairs costlier, directly impacting insurance rates.
: Includes collision and comprehensive; often required for financed or leased vehicles. new car insurance quotes
New Car Insurance Market Report (April 2026) The average monthly quote for a brand-new vehicle is approximately for full coverage. This is significantly higher than the average cost for used vehicles, which typically range from $146 to $163 per month for similar coverage. Current Market Drivers : New cars feature expensive modern technology that