Table of contents
How much is car insurance in Hanford?
|Area||Average Monthly Car Insurance Premium|
Based on the above chart, auto insurance policies in Hanford are about $14 a month cheaper than in the rest of California.
Compared to the national average cost of auto insurance coverage, Hanford has lower rates. It's about $38 cheaper than the national average to insure your vehicle in Hanford.
While these are the average car insurance rates for Hanford, you could end up paying something different. The monthly rate that insurance companies end up charging you is determined by a variety of factors. Your bill 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 the average rate for Hanford residents based on several different factors so that you can get a more accurate idea of what you might pay. And if you think you might be overpaying for insurance, simply enter your ZIP Code below to learn more about rates in your area!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
|45-54||Not Enough Data|
It makes sense that the older you are, the more experience you have driving, right? That experience can lead to some serious savings when it comes to car insurance premiums. In this case, 18-24-year-olds pay $38 more than drivers 65 and older.
You can expect to see your monthly premium drop about once a decade or so. That said, once you hit retirement age, your rates may climb back up in Hanford.
Average Car Insurance Rates by Gender
In general, women pay slightly less for car insurance than men. In Hanford, this difference shakes out to about $5 per month. As illustrated in the table above, male drivers in the area pay about $44 on average, while female drivers pay around $39 each month.
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 who avoid accidents and tickets will pay lower rates than those with infractions. In Hanford, a driving record with one accident will usually get you a rate around $58 a month. Likewise, if you have one ticket, you'll be looking at an average rate of around $63.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$38|
|15 Years or Older||$38|
According to the first table above, trucks and vans are by and large the cheapest vehicles to insure in Hanford, with drivers paying around $38 per month for insurance coverage.
Car owners can expect to pay an average of around $43 a month for their policy, while SUVs usually cost around $39 a month to insure.
In addition to vehicle type, you can also expect to see slightly different rates based on your vehicle's age. Generally, newer vehicles are going to cost the most to insure. However, if your car is a few years old, you can expect to see your rates start dropping back down. In Hanford, the most expensive vehicles to insure are vehicles eight-to-ten years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$45|
Generally, those who have settled down into marriage will pay slightly less for car insurance coverage. This usually happens because companies will offer special discounts to policyholders with multiple vehicles that are on the same policy.
At a national level, married drivers usually pay less than single drivers for auto insurance. This holds true for Hanford as well, where the difference is around $7 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$65|
Another factor that comes into play is your housing situation. Homeowners and renters alike can expect to pay about $40 per month for coverage in Hanford.
Many companies, however, will offer you a discount to bundle your home or rental insurance with your auto insurance policy, which can help reduce your average premiums.
Car Insurance Companies in Hanford, CA
Recent trends in car insurance for Hanford drivers
Car insurance rates are frequently changing, so it's in your best interest to understand which way your area is trending before choosing when and where to shop.
The rates for car insurance in Hanford went up from 2016-2017, but shifted in 2018. They decreased until 2020, when they hit a low of $35, and finished at $57 in 2021.
How does Hanford compare to neighboring areas?
Why are car insurance rates in Hanford different from other areas?
Car insurance companies will consider several factors when trying to decide how much to charge for a policy. While we've discussed the ones that affect your personal policy, others are based around where you live. These include things like:
- Local regulations
- Off-street parking accessibility
- Amount of drivers in the community
- Area crime rates
- Rate of car accidents
You can't change these factors yourself, but they're something to take into consideration when shopping for a new policy or looking to move into an area. 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 Hanford?
In the end, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies. Understanding what the average costs are for drivers prior to seeking out a quote can help you understand how closely the quote reflects local trends.
But wait! Compare.com will handle the heavy lifting for you. Just type in your ZIP below, respond to a few questions, and you'll be comparing the cheapest quotes from dozens of car insurance companies offering auto coverage in Hanford.
Hanford Insurance FAQs
What factors affect car insurance quotes in Hanford?
Car insurance companies calculate quotes based on a wide array of factors. These include things you can't control like your gender and age but also factors like your vehicle's year, make and model, as well as your driving record, credit score, marital status, and address.
Why is the cost of car insurance in Hanford different from other neighboring cities?
Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like local laws, crime rates, and parking situations -- which can vary from city to city -- can significantly affect your rate.
Which car insurance company will offer me the cheapest rate in Hanford?
Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible however, by using sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Hanford?
Whenever you move to a new area, or experience any other major life event such as getting married or finding a new job, it's always a good idea to re-evaluate your current insurance policy. Certain companies may offer larger discounts in certain cities, so it's a smart 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, you can switch companies at any point, no matter how much time is left on your current policy. If you're thinking about moving to Hanford or are wondering if you're paying the best rate for your current area, take 10 minutes and visit Compare.com to find out for sure.