Folsom, CA Car Insurance

Residents of Folsom pay around $55 monthly for their car insurance coverage. To learn more about car insurance rates in the Folsom area, read our guide below.
How do rates in Folsom measure up compared to neighboring areas, including California as a whole? What can Folsom residents expect to pay for their car insurance? You can see the cost breakdowns and contributing factors in the charts and writeups below:  

How much is car insurance in Folsom?

Area Average Monthly Car Insurance Premium
Folsom$55
CA$56
United States$80

According to the chart above, the rates you'll pay for coverage in Folsom are on par with what you would pay anywhere else in California.

When stacked up against the national average, the average monthly policy payment for Folsom is more affordable. The average monthly payment in Folsom is about $25 cheaper than the rate for the rest of the United States.

Bear in mind that while these are the average car insurance rates for Folsom, you could end up paying something different. There are a number of factors that determine how much insurance companies might charge you to insure your vehicle. The final dollar amount you'll be asked to pay each month is calculated off of your age, gender, vehicle make and model, driving record, and in some cases, your credit score.

Don't sweat it however, we've broken down average rates for Folsom residents based on several different factors so that you can get a more accurate idea of your policy's monthly premium. And if you're not sure if you're getting the cheapest rate for your area, simply enter your ZIP Code below and find out!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$77
25-34$47
35-44$45
45-54Not Enough Data
55-64$43
65+$46

The more time you have behind the wheel, the more experienced of a driver you should be. That experience can lead to some serious savings when it comes to car insurance bills. According to the table above, you can see that 18-24-year-olds pay a lot more than drivers 65 and older.

Every ten years or so you can expect to see a decline in your monthly premium. Once you hit retirement age, however, your rates may climb back up a bit in Folsom.

Average Car Insurance Rates by Gender

Gender Average
Male$55
Female$55

Female drivers pay, on average, slightly less than their male counterparts. In Folsom, however, male and female drivers both pay about the same rate for car insurance coverage.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$67
Multiple Accidents$96
1 Ticket$80
Multiple Tickets$122

Your driving record can have a tremendous impact on your car insurance rates. Drivers who avoid accidents and tickets will pay much lower rates than those with infractions. Drivers in Folsom with a single accident on their record will usually see rates around $67 a month. In addition, drivers with a single ticket on their record can expect to pay around $80 a month on average.

Accidents, tickets, and other driving infractions can cost you some serious cash. So, if cheaper car insurance is important to you, keep your record clean and drive safe.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$67
2-3 Years$52
4-5 Years$47
6-7 Years$50
8-10 Years$57
11-14 Years$54
15 Years or Older$57

According to the first table above, SUVs are typically the cheapest vehicles to insure in Folsom, with drivers paying around $51 per month for auto insurance.

Truck and van drivers will see rates of about $53 for insurance coverage, while car owners usually pay around $56 per month.

Depending on your vehicle's age, you can also expect to see slightly different rates. Generally, newer vehicles are going to be the most expensive to insure. However, if your car is around 5 years old, you can expect to see your rates start dropping back down. The most expensive vehicles to insure in Folsom are vehicles less than one year old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$59
Married$47
Divorced$45
Widowed$50

Generally, car insurance is slightly cheaper for married policyholders. This usually boils down to owners having multiple vehicles on the same policy, something many companies offer special discounts for.

According to the table above, the difference in rates based on relationship status in Folsom can be as much as $12 a month, so it's worth taking into consideration.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$49
Rent$53
Live with parents$74

One other element taken into consideration is your living situation. If you rent your home or apartment in Folsom, expect to pay around $4 a month more than if you own property. But if you live with your parents, your rates will be significantly higher.

Depending on your insurance company, they may offer you a discount if you bundle your home or renters insurance with your auto policy.

Car Insurance Companies in Folsom, CA

Recent trends in car insurance for Folsom 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.

The rates for car insurance in Folsom went up from 2016-2017, before steadying out in 2018. They finished up in 2021, at $56 a month

How does Folsom compare to neighboring areas?

Why are car insurance rates in Folsom different from other areas?

There are many factors car insurance companies take into consideration when choosing how much to charge for coverage. The price of your insurance policy will depend largely on your home address and will be influenced by things such as:

  • Off-street parking access
  • Total amount of drivers in the community
  • Local laws
  • Road Safety (how many accidents each locality has)
  • Area crime rates

While you won't have the ability to change these factors yourself, they can be handy to keep in mind when seeking a new policy or considering a move. Different cities and towns will each have different rates, so guides like these are a handy way to learn more.

How can I find the cheapest car insurance in Folsom?

Arming yourself with information about the average costs for drivers in your area will better prepare you for the real deal. The only way to know for sure what your rate will be is by asking for a quote from car insurance companies.

Luckily, Compare.com will handle the heavy lifting for you. Simply enter your ZIP below, respond to a few questions, and you'll be comparing the cheapest quotes from a bulk of the car insurance companies offering coverage in Folsom.

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Folsom Insurance FAQs

What factors affect car insurance quotes in Folsom?

Quotes are calculated by car insurance companies who take multiple factors into consideration, including things you can't control like your gender and age, but also factors like your driving record, address, credit score, and marital status.

Why is the cost of car insurance in Folsom different from other neighboring cities?

Your address and the city you live in have a significant impact on how much a car insurance company might charge for your policy. Companies take into consideration things like local laws, crime rates, and parking situations when calculating your quote -- all of which can change from city to city.

Which car insurance company will offer me the cheapest rate in Folsom?

There isn't one company that will offer the cheapest rate to everybody. What companies will charge you are based on many different factors that vary from person to person, such as your driving record, what kind of car you drive, how many drivers will be on your policy, and a number of other factors. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once. That way, you can be confident you're getting the best price.

Do I need to change my insurance if I move to Folsom?

Any major life event, whether it be moving to a new area, finding a new job, getting married, or any other notable event always presents a good opportunity to re-evaluate your current insurance policy. Regardless of your previous rate, there may be cheaper options in your new location, so it's a good idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to Folsom or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?

Find your best rate in just a few minutes