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How much is car insurance in Prescott Valley?
|Area||Average Monthly Car Insurance Premium|
Auto insurance coverage in Prescott Valley is about $18 cheaper than it is in the rest of Arizona.
When viewed against the average rates for the rest of the U.S., auto insurance coverage in Prescott Valley is rather affordable. You can expect to pay about $37 below the national average for auto insurance in Prescott Valley.
These rates provide a great starting point for understanding what to expect for your monthly payment, but there's no guarantee that this is what you will end up paying. Insurance companies weigh a variety of factors when determining how much to charge you for car insurance. Things like gender, vehicle make and model, driving record, age and, in some areas, credit score can all affect the bill you'll see each month.
We've broken down the average rates for Prescott Valley to help you understand what exactly you might be asked to pay. To find out if you're overpaying for your area, just enter your ZIP below and find out in minutes!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
The more time you've spent on the road, the more experience you have. When it comes to your monthly premium, that experience can really pay off. According to the table above, you can see that 18-24-year-olds pay $53 more than drivers 65 and older.
Every ten years or so you can expect to see a decline in your monthly premium. You may see your rates begin to increase again once you hit retirement in Prescott Valley.
Average Car Insurance Rates by Gender
Car insurance rates for women are generally cheaper than they are for men. In Prescott Valley, however, the difference in the monthly cost of coverage is minimal.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
One of the key factors in determining your car insurance rates is your driving record. Drivers with clean records will pay much lower rates than those with accidents or violations. In Prescott Valley, a driving record with one accident will usually get you a rate around $52 a month. In addition, drivers with a single ticket on their record can expect to pay around $50 a month on average.
Regardless of where you live, accidents, tickets, and other driving infractions can greatly increase your premium. So, if cheap car insurance is something you're after, drive safely and keep a clean record.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$67|
|15 Years or Older||$41|
The most affordable vehicles to insure in Prescott Valley are usually trucks and vans, which run about $38 per month.
SUV drivers will see rates of about $45 for auto insurance coverage, while car owners typically pay around $46 a month.
In addition to vehicle type, you can also expect to see slightly different rates based on how old your vehicle is. Generally, the most expensive vehicles to insure are going to be newer ones. Once your car is close to 5 years old, however, your monthly bill may start to dip back down. The most expensive vehicles to insure in Prescott Valley are vehicles less than one year old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$49|
More often than not, married policyholders will pay slightly less to insure their car. This occurs because insurance companies commonly extend special discounts to policyholders with multiple vehicles that are on the same policy.
The difference in rates based on relationship status in Prescott Valley is about $17 a month, with married couples paying less for coverage than single drivers.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$77|
Another factor taken into consideration is your housing status. Renters can expect to pay around $3 a month more than drivers who own property in Prescott Valley. But if you live with your parents, your rates will be significantly higher.
That being said, many companies will offer you a discount if you bundle your homeowners or rental insurance policy with your auto insurance.
Car Insurance Companies in Prescott Valley, AZ
Recent trends in car insurance for Prescott Valley drivers
Average rates are constantly changing, so it's a good idea to know the direction your area is trending when choosing when and where to shop.
Car insurance rates in Prescott Valley declined from 2017-2019, before leveling out in 2020. They finished up in 2022, at $43 per month
How does Prescott Valley compare to neighboring areas?
Why are car insurance rates in Prescott Valley different from other areas?
When considering how much to charge for coverage, car insurance companies will review many factors. The price of your insurance policy will depend largely on where you park your car and will be influenced by things such as:
- Regional regulations
- Off-street parking availability
- Road Safety (frequency of car accidents)
- Total number of drivers in the region
- Prevalence of crime
You'll be hard pressed to change any of these factors yourself, but they're worth considering when thinking about the purchase of a new policy or a move. Knowing that different towns and cities will all have different rates, guides like these can be a good way to get a lay of the land of your particular neighborhood.
How can I find the cheapest car insurance in Prescott Valley?
While getting familiar with what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.
Don't worry, Compare.com will handle the heavy lifting for you. Just enter your ZIP Code below, respond to a few questions, and you'll be comparing the cheapest quotes from a number of the car insurance companies offering auto coverage in Prescott Valley.
Prescott Valley Insurance FAQs
What factors affect car insurance quotes in Prescott Valley?
Auto insurance companies take a wide array of factors into consideration when calculating your monthly payment. These include things like your vehicle's year, make and model, your age and gender, as well as your address, credit score, driving record, and marital status.
Why is the cost of car insurance in Prescott Valley different from other neighboring cities?
Parking situations, crime rates, and local laws -- all of which can change from city to city -- play a large role in the rates that car insurance companies may charge for coverage.
Which car insurance company will offer me the cheapest rate in Prescott Valley?
Since the factors that car insurance companies take into consideration when calculating the rate you might pay differ from person to person, there is no one insurance company that will offer the cheapest rate to everybody. Things like your driving record, the number of drivers on the policy, and vehicle make and model, plus a number of others, are all taken into account. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Prescott Valley?
Whenever you relocate or experience another major life event, such as getting married or finding a new job, you should consider re-evaluating your current insurance policy. By using services like Compare.com to compare quotes from multiple companies at once, you can be sure to capture any new savings brought about by your new situation.
Do I need to wait for my policy to expire to switch to a different car insurance company?
No. Regardless of how much time is left on your current policy, you can switch companies at any time. So, whether you're considering moving to Prescott Valley or just curious if you're getting the best rates, why not take 10 minutes and see if Compare.com can save you some extra cash?