Table of contents
How much is car insurance in Richmond Hill?
|Area||Average Monthly Car Insurance Premium|
Compared to the rest of the Georgia, coverage in Richmond Hill is about $16 a month cheaper.
That being said Richmond Hill residents will likely pay higher rates to insure their vehicle than in the rest of the country. The cost of auto coverage in Richmond Hill is about $8 more expensive than the national average.
Although these are the average monthly costs for an auto insurance policy in Richmond Hill, that doesn't mean it's exactly what you'll pay. There are numerous factors taken into consideration by insurance companies when deciding the rate you'll pay for coverage. Things like age, gender, vehicle make and model, driving record and, in some areas, credit score can all play a part in your policy's monthly price.
We've done the heavy lifting for you and broken down the average rate for Richmond Hill 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!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
The older you are, the more experience you're likely to have on the roads, right? That experience can turn into some real savings when it comes to auto insurance rates. As you can see, 18-24-year-olds pay a lot more than drivers 65 and older.
You can expect to see your monthly premium drop every 10 years or so. That said, once you hit retirement, your rates may begin to go back up in Richmond Hill.
Average Car Insurance Rates by Gender
In general, women pay slightly less for car insurance than men. In Richmond Hill, the difference comes out to about $18 a month. As illustrated in the table above, female drivers in the area pay about $79 on average, while male drivers pay around $97 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Your rates can change quite drastically depending on your driving record. Drivers who avoid accidents and tickets will pay much lower rates than those with infractions. In Richmond Hill, a driving record with a single accident will usually get you a rate around $101 a month. Likewise, drivers with one ticket on their record will be looking at an average rate of around $100.
Regardless of where you live, accidents, tickets, and other driving infractions can drive your monthly bill way up. In order to keep your monthly bill down and get the cheapest car insurance possible, keep your record clean and drive safely.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$84|
|15 Years or Older||$83|
As you can see in the first table above, the cheapest vehicles to insure in Richmond Hill are by and large trucks and vans, which run about $75 per month.
Car owners will see a monthly rate of about $87, while SUV owners typically pay around $96 per 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 around 5 years old, however, your monthly bill may start to dip back down. In Richmond Hill, 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)||$93|
Generally speaking, car insurance is slightly cheaper for married policyholders. This usually boils down to owners having multiple vehicles on the same policy, something that will often get you a discount.
Married couples, on average, pay less than single drivers do to insure their vehicles. This holds true in Richmond Hill, with married couples paying about $15 less per month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$126|
Another factor taken into consideration is your housing situation. If you rent your home or apartment in Richmond Hill, expect to pay around $8 a month more than if you own property. But those who live at home with their parents can expect to pay significantly more.
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 Richmond Hill, GA
Recent trends in car insurance for Richmond Hill 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.
Auto insurance rates in Richmond Hill had been decreasing from 2016-2017, before leveling out in 2018. They finished down in 2021, at $92 a month
How does Richmond Hill compare to neighboring areas?
Why are car insurance rates in Richmond Hill different from other areas?
When considering how much to charge for coverage, car insurance companies will review a lot of factors. While we mentioned the factors that affect your personal policy, others are based around where you live. These include things like:
- Off-street parking accessibility
- Amount of drivers in the region
- General road safety (how many accidents each locality has)
- Regional regulations
Having an awareness of these factors is critical when thinking about buying a new policy or potentially moving to a new home. 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 Richmond Hill?
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.
Good news! Compare.com does all of that work for you. Enter your ZIP Code below, answer a few questions about you and your car, and you'll be comparing the cheapest quotes from several of the car insurance companies providing policies in Richmond Hill.
Richmond Hill Insurance FAQs
What factors affect car insurance quotes in Richmond Hill?
Auto insurance companies take a wide array of factors into consideration when calculating your monthly payment. These include things like your vehicle's year, make and model, your age and gender, as well as your driving record, address, credit score, and marital status.
Why is the cost of car insurance in Richmond Hill different from other neighboring cities?
Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like crime rates, local laws, 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 Richmond Hill?
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 Richmond Hill?
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?
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 Richmond Hill or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?