Table of contents
How much is car insurance in Lula?
|Area||Average Monthly Car Insurance Premium|
The cost of coverage in Lula is about $17 a month cheaper than it is for the rest of Georgia.
If you're considering relocating to Lula from out of state, you may want to budget a little extra for your insurance. It's around $7 more expensive to insure your vehicle in Lula compared to the average rate for the rest of the U.S.
Although these are the average car insurance rates in Lula, you could end up paying something different. Insurance companies take an array of factors into consideration when determining how much to 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 even your credit score depending on the circumstances.
But don't worry, we've broken down the average rate for Lula residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. To find out if you're getting the cheapest rate, just enter your ZIP Code below and find out in minutes!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
|45-54||Not Enough Data|
The more time you've spent on the road, the more experience you have. When it comes to car insurance premiums, that experience can really pay off. As you can see, 18-24-year-olds pay twice as much as someone who is retirement aged.
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 begin to go back up in Lula.
Average Car Insurance Rates by Gender
Car insurance rates for men are usually slightly more expensive than they are for women. In Lula, the difference is around $25 per month. As you can see in the chart above, car insurance for women in the area typically costs around $75 each month, while men pay $100 on average.
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. Those with fewer accidents and tickets will pay less than those with multiple infractions, while those with clean driving records will obviously pay the least. In Lula, a driving record with a single accident will usually get you a rate around $111 a month. Similarly, if you have one ticket on your record, you will be looking at an average rate of around $86.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$202|
|2-3 Years||Not Enough Data|
|15 Years or Older||$81|
In Lula, the cheapest vehicles to insure are by and large SUVs, with drivers paying around $76 per month for insurance coverage.
Truck and van drivers will see rates of about $102, while the rates for car owners average out to about $87 a month.
In addition to vehicle type, you can also expect to see slightly different rates depending on the age of your vehicle. Generally, the most expensive vehicles to insure are going to be newer ones. However, your rates may start to drop back down once your car is around 5 years old. In Lula, the most expensive vehicles to insure are vehicles less than or equal to one-year-old and eight-to-ten years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$94|
Generally, people who are married will pay slightly less for car insurance coverage. This oftentimes is a result of owning multiple vehicles that are on the same policy, something some companies will reward with discounts.
At a national level, single drivers usually pay more than married couples do for auto insurance. Lula follows that pattern, with the difference totaling to around $31 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$125|
One other element taken into consideration is your living situation. If you rent your home or apartment, expect to pay around $14 less than those who own their own home in Lula. But if you live with your parents, your rates will be significantly higher.
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 overall costs.
Car Insurance Companies in Lula, GA
Recent trends in car insurance for Lula drivers
The average rates for car insurance are constantly changing, so it's a good idea to know the recent trends in your area when selecting an auto insurance policy.
The rates for auto insurance in Lula rose from 2016-2017, where they hit a high of $86, before steadying out in 2018. Car insurance rates went up once again in 2019, and have continued rising through 2021, where they reached $136 per month.
How does Lula compare to neighboring areas?
Why are car insurance rates in Lula different from other areas?
When considering how much to charge for an insurance policy, car insurance companies will evaluate several factors. While we've discussed the ones that affect your personal policy, others are based around where you live and drive. These include things like:
- Prevalence of crime
- Number of drivers in the area
- Area laws
- Frequency of car accidents
- Off-street parking availability
It's good to be aware of these factors (even though you may not be able to do much to influence them) as you shop for a new policy or consider relocating. Different cities and towns will each have different rates, so guides like these are a handy way to get started.
How can I find the cheapest car insurance in Lula?
While knowing 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 does all of that work for you. Enter your ZIP below, answer a few questions, and you'll be comparing the cheapest quotes from a number of the car insurance companies offering auto coverage in Lula.
Lula Insurance FAQs
What factors affect car insurance quotes in Lula?
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, address, and marital status.
Why is the cost of car insurance in Lula different from other neighboring cities?
Things like crime rates, parking situations, and local laws, which are dependent on your address and area you live in, can significantly affect the cost of insurance relative to other cities.
Which car insurance company will offer me the cheapest rate in Lula?
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 Lula?
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?
Not at all, in fact you can switch companies at any point, regardless of how much time is left on your current policy. If you're thinking about moving to Lula or haven't checked out the latest rates in your area for some time, it might be worth your while to take 10 minutes and see if Compare.com can save you any cash.