If you're shopping for car insurance on a new vehicle, it's a good idea to get quotes from at least three insurance companies, according to the III. Make sure you set the same coverages, limits and deductibles for each quote so get a like-for-like comparison.

Drivers in most states are required to have auto liability coverage on their car insurance policies. A standard car insurance policy may also include these coverages, depending on where you live and your circumstances:

You may also want to consider additional insurance coverages to help protect your investment of a brand-new car. All of these factors directly affect how much car insurance is monthly for a new car.