The statistic shows the expenditure of affluent households, or the so-called highest quintile, in the United States on vehicle insurance from 2013 to 2018. In 2018, affluent Americans spent some 1,497 U.S. dollars on vehicle insurance.
Average annual expenditure of affluent households in the United States on vehicle insurance from 2013 to 2018
*Comprises only the "highest 20 percent" of consumers in the United States, based on their income before taxes. Lower income limit, according to the source: 2013: 95,336 U.S. dollars; 2014: 99,620 U.S. dollars; 2015: 103,057 U.S. dollars; 2016: 108,040 U.S. dollars; 2017: 109,743 U.S. dollars; 2018: 116,625 U.S. dollars.
Number of consumer units (in thousands):
2013: 25,101
2014: 25,410
2015: 25,773
2016: 25,842
2017: 25,921
2018: 26,374.
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Bureau of Labor Statistics. (September 10, 2019). Average annual expenditure of affluent households in the United States on vehicle insurance from 2013 to 2018 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/242047/expenditure-of-affluent-us-households-on-auto-vehicle-insurance/
Bureau of Labor Statistics. "Average annual expenditure of affluent households in the United States on vehicle insurance from 2013 to 2018." Chart. September 10, 2019. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/242047/expenditure-of-affluent-us-households-on-auto-vehicle-insurance/
Bureau of Labor Statistics. (2019). Average annual expenditure of affluent households in the United States on vehicle insurance from 2013 to 2018. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/242047/expenditure-of-affluent-us-households-on-auto-vehicle-insurance/
Bureau of Labor Statistics. "Average Annual Expenditure of Affluent Households in The United States on Vehicle Insurance from 2013 to 2018." Statista, Statista Inc., 10 Sep 2019, https://www.statista.com/statistics/242047/expenditure-of-affluent-us-households-on-auto-vehicle-insurance/
Bureau of Labor Statistics, Average annual expenditure of affluent households in the United States on vehicle insurance from 2013 to 2018 Statista, https://www.statista.com/statistics/242047/expenditure-of-affluent-us-households-on-auto-vehicle-insurance/ (last visited November 22, 2024)
Average annual expenditure of affluent households in the United States on vehicle insurance from 2013 to 2018 [Graph], Bureau of Labor Statistics, September 10, 2019. [Online]. Available: https://www.statista.com/statistics/242047/expenditure-of-affluent-us-households-on-auto-vehicle-insurance/
