Table of contents
How much is car insurance in Redwood City?
|Area||Average Monthly Car Insurance Premium|
Based on the above chart, auto insurance policies in Redwood City are about $7 a month cheaper than in the rest of California.
When stacked up against the national average, the average monthly policy payment for Redwood City is more affordable. You can expect to pay about $31 less for your policy in Redwood City than in the rest of U.S.
While these are the average costs to insure your vehicle in Redwood City, keep in mind that you could end up paying a different amount. There are a variety of factors that insurance companies consider when determining how much to charge you for insurance. Your monthly premium is calculated based on things like age, gender, vehicle make and model, driving record, and in some cases, credit score.
Don't sweat it however, we've broken down the average rate for Redwood City residents based on several different factors so that you can get a more accurate idea of what you might 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|
Generally speaking, 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 bills. As you can see, 18-24-year-olds pay $29 more than drivers 65 and older.
For every 10 years, you can expect to see a decrease in your monthly premium. That said, once you hit retirement, your rates may climb back up in Redwood City.
Average Car Insurance Rates by Gender
On average, female drivers pay slightly less for car insurance than their male counterparts. This rings true in Redwood City, where women pay around $7 less per month than men. As you can see in the table above, male drivers in the area typically pay $51 on average, while female drivers typically pay $44 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Rates can vary wildly depending on your driving record. Drivers who avoid accidents and tickets will pay significantly lower rates than those with infractions. In Redwood City, drivers with one accident on their record will experience rates around $63 a month. On a similar note, drivers with one ticket on their record will be looking at a monthly rate of about $62 on average.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$41|
|15 Years or Older||$48|
According to the first table above, trucks and vans are by and large the cheapest vehicles to insure in Redwood City, with drivers paying around $42 per month to insure their vehicle.
SUV drivers will see rates of about $46 for car insurance coverage, while car owners typically pay around $50 a month.
You may also see different rates based on how old your vehicle is. Generally, newer vehicles are going to cost the most to insure. Once your car is close to 5 years old, however, your monthly bill may start to dip back down. In Redwood City, the most expensive vehicles to insure are vehicles eleven-to-fourteen years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$51|
More often than not, married policyholders will pay slightly less to insure their vehicle. This usually boils down to owners having multiple vehicles on the same policy, something some companies will reward with discounts.
At a national level, married drivers usually pay less than single drivers for auto insurance. This holds true for Redwood City 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||$73|
One other element taken into consideration is your living situation. Renters can expect to pay around $2 a month more than drivers who own property in Redwood City. But if you live with your parents, you can expect to pay a lot more.
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 Redwood City, CA
Recent trends in car insurance for Redwood City drivers
The average rates for car insurance are constantly changing, so it's a good idea to know the recent trends in your area before shopping for coverage.
The cost of insurance in Redwood City increased from 2016-2017, before leveling out in 2018. Rates finished up in 2021, at $45 per month
How does Redwood City compare to neighboring areas?
Why are car insurance rates in Redwood City different from other areas?
When considering how much to charge for an insurance policy, car insurance companies will evaluate a number of factors. While we mentioned the factors that affect your personal policy, others are based around where you live and drive. These include things like:
- Community laws
- Regional crime rates
- Road Safety (frequency of car accidents)
- Total number of drivers in the region
- Off-street parking availability
Knowing the make-up of these factors can be helpful when deciding on purchasing a new policy or thinking about making a move. With the knowledge 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 Redwood City?
In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.
Don't worry, Compare.com can handle all of this for you. Enter your ZIP Code below, answer a few questions regarding the factors mentioned above, and you'll be quickly comparing the cheapest quotes from the many car insurance companies offering plans in Redwood City.
Redwood City Insurance FAQs
What factors affect car insurance quotes in Redwood City?
Quotes are calculated by car insurance companies who take multiple factors into consideration, including things you can't control like your age and gender, but also factors like your driving record, credit score, address, and marital status.
Why is the cost of car insurance in Redwood City different from other neighboring cities?
Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like parking situations, crime rates, and local laws -- which can vary from city to city -- can significantly affect your rate.
Which car insurance company will offer me the cheapest rate in Redwood City?
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 by using sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Redwood City?
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. 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 Redwood City 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?