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How much is car insurance in Altamonte Springs?
|Area||Average Monthly Car Insurance Premium|
Based on the chart above, you can see that coverage in Altamonte Springs typically costs about $14 a month less than it does in the rest of Florida.
Compared to the national average cost of auto coverage, Altamonte Springs has higher rates. The average monthly payment for the rest of the U.S. is about is about $29 cheaper than it is in Altamonte Springs.
Bear in mind that while these rates are the average costs for Altamonte Springs residents, it doesn't mean that's what you'll pay. There are numerous factors taken into consideration by insurance companies when deciding the rate you'll pay for coverage. The bill you'll see each month is calculated based on things like age, gender, vehicle make and model, driving record, and in some cases, credit score.
We've done the heavy lifting for you and broken down the average rate for Altamonte Springs so that you can get a more accurate idea of what your policy will cost you. And if you're not sure if you're getting the cheapest rate for your area, simply enter your ZIP below and find out!
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Altamonte Springs Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
It would make sense that older drivers have more driving experience, right? When it comes to auto insurance rates, that experience can help put some change back into your pocket. As you can see, 18-24-year-olds pay $93 more than drivers of retirement age.
You can expect to see your monthly premium drop every 10 years or so. That said, once you hit retirement, your rates may creep back up a bit in Altamonte Springs.
Altamonte Springs Car Insurance Rates by Gender
Female drivers pay, on average, slightly less than their male counterparts. This rings true in Altamonte Springs, where women pay around $10 less per month than men. Based on the chart above, you can see that male drivers pay $113 on average, while female drivers typically pay $103 each month.
Altamonte Springs 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. Drivers in Altamonte Springs with one accident will pay around $144 a month. Similarly, if you have one ticket on your record, you will be looking at an average rate of around $112.
Wherever you live, accidents, tickets, and other driving infractions will almost certainly drive up your monthly bill. In order to keep your monthly bill down and get the cheapest car insurance possible, keep your record clean and drive safely.
Altamonte Springs Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$104|
|15 Years or Older||$104|
According to the first table above, the cheapest vehicles to insure in Altamonte Springs are typically SUVs, at $93 per month.
Truck and van drivers will see rates of about $96 for car insurance coverage, while car owners by and large pay around $116 a month.
Your rates can also vary depending on how old your vehicle is. Generally, the most expensive vehicles to insure are going to be newer ones. Once your car is a few years old however, your rates may start to dip back down a bit. The most expensive vehicles to insure in Altamonte Springs are vehicles eight-to-ten years old.
Altamonte Springs Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$105|
More often than not, married policyholders will pay slightly less for insurance coverage. This oftentimes is a result of owning multiple vehicles that are on the same policy, something that will often get you a discount.
At a national level, single drivers usually pay more than married couples do for auto insurance. Altamonte Springs follows that pattern, with the difference totaling to around $30 a month.
Altamonte Springs Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$159|
Your housing status is another component of how insurance companies calculate your monthly rate. If you rent your home or apartment, expect to pay around $29 a month more than those who own their own home in Altamonte Springs. But those who live at home with their parents can expect to pay significantly more.
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 Altamonte Springs, FL
Recent trends in car insurance for Altamonte Springs drivers
Given that average rates are often changing, it's a smart move to know the direction your area is trending when deciding when and where to shop.
Car insurance rates in Altamonte Springs decreased from 2017-2020, but began to increase in 2021. This trend has continued through 2022 when rates have most recently reached $93.
How does Altamonte Springs compare to neighboring areas?
Why are car insurance rates in Altamonte Springs different from other areas?
There are several factors car insurance companies take into consideration when figuring out how much to charge for a monthly rate. Where you live will also have a significant impact on your personal policy. This may include things like:
- Access to off-street parking
- Road Safety (frequency of car accidents)
- Regional regulations
- Total number of drivers in the community
- Crime rates
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. Each area will have different rates. Guides like these are a wonderful place to get started.
How can I find the cheapest car insurance in Altamonte Springs?
Equipping 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.
Fortunately, Compare.com does all of that work for you. Just punch in your ZIP Code below, answer a few questions regarding the factors mentioned above, and you'll be comparing the cheapest quotes from the many car insurance companies offering coverage in Altamonte Springs.
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Altamonte Springs Auto Insurance FAQs
What factors affect car insurance quotes in Altamonte Springs?
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, address, credit score, and marital status.
Why is the cost of car insurance in Altamonte Springs different from other neighboring cities?
Crime rates, parking situations, 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 Altamonte Springs?
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 Altamonte Springs?
Whenever you relocate or experience another major life event, such as finding a new job or getting married, you should consider revisiting your current insurance policy. Using services like Compare.com to compare quotes from multiple companies at once is a great way to make sure you're getting the cheapest rate for your new location.
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 Altamonte Springs 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?
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