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How much is car insurance in Stone Mountain?
|Area||Average Monthly Car Insurance Premium|
Auto insurance policies in Stone Mountain are about $28 a month more expensive than the rest of Georgia.
The average cost of insuring your vehicle in Stone Mountain is above the national rate. It's around $51 more expensive for coverage in Stone Mountain than the average rates seen in the rest of the U.S.
While these are the average monthly costs for auto insurance coverage in Stone Mountain, you could end up paying something different. 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 the bill you'll see each month.
But don't worry, we've broken down the average rate for Stone Mountain residents based on several different factors so that you can get a more accurate idea of your policy's monthly premium. If you're not certain that you're getting the cheapest rate for your area, just enter your ZIP below to find out!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
The older you are, the more experienced you are on the roads. When it comes to car insurance premiums, that experience can really pay off. As you can see, 18-24-year-olds pay a lot more than drivers of retirement age.
For every 10 years, you can expect to see a decrease in your monthly premium. You may see your rates creep back up once you hit retirement in Stone Mountain.
Average Car Insurance Rates by Gender
In general, women pay slightly less for car insurance than men. In Stone Mountain, the difference is around $4 a month. Based on the chart above, you can see that female drivers pay around $129 on average, while male drivers typically pay $133 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Your driving record can have a tremendous impact on your car insurance rates. Those with fewer accidents and tickets will pay much less than those with multiple infractions. In Stone Mountain, having a single accident on your record will usually get you rates around $169 a month. Likewise, drivers with one ticket will be looking at a rate of around $176 a month on average.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$131|
|15 Years or Older||$122|
If you look at the first table above, you'll see that trucks and vans are usually the cheapest vehicles to insure in Stone Mountain, with drivers paying around $115 per month to insure their vehicle.
Car owners can expect to pay an average of around $134 a month for their policy, while SUVs usually cost around $129 a month to insure.
You can also expect to see slightly different rates depending on your vehicle's age. Newer vehicles are generally going to be the most expensive to insure. However, your rates may start to decrease if your car is a few years old. In Stone Mountain, vehicles six-to-seven years old are the most expensive to insure.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$139|
Overall, 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 many companies award special discounts for.
On a national scale, single drivers typically pay more than married couples do for auto insurance. Stone Mountain is no exception, with the difference totaling to around $29 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$164|
Your living situation is another factor that affects your monthly rate. If you rent your home or apartment, expect to pay around $10 a month more than if you own your own home in Stone Mountain. 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 car insurance premiums.
Car Insurance Companies in Stone Mountain, GA
Recent trends in car insurance for Stone Mountain drivers
Average rates are constantly changing, so it's a good idea to know the direction your area is trending before shopping for coverage.
In Stone Mountain, the rates for auto insurance had been increasing steadily from 2016-2020. They finished down in 2021, at $158.
How does Stone Mountain compare to neighboring areas?
Why are car insurance rates in Stone Mountain different from other areas?
There are a variety of factors car insurance companies take into consideration when deciding how much to charge for a monthly rate. While we've discussed the ones that affect your personal policy, others are based around where you live. These include things like:
- Road Safety (total number of local car accidents)
- Crime levels
- Access to off-street parking
- Area regulations
- Total number of drivers in the region
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. 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 Stone Mountain?
While getting familiar with 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.
Luckily, Compare.com will handle the heavy lifting for you. Simply enter your ZIP Code below, respond to a few questions, and you'll be comparing the cheapest quotes from several of the car insurance companies offering auto coverage in Stone Mountain.
Stone Mountain Insurance FAQs
What factors affect car insurance quotes in Stone Mountain?
Car insurance companies calculate quotes based on a wide array of factors. These include things you can't control like your age and gender but also factors like your vehicle's year, make and model, plus your marital status, address, credit score, and driving record.
Why is the cost of car insurance in Stone Mountain different from other neighboring cities?
Your address and the city you live in have a significant impact on how much a car insurance company might charge for your policy. Companies take into consideration things like crime rates, local laws, and parking situations when calculating your quote -- all of which can change from city to city.
Which car insurance company will offer me the cheapest rate in Stone Mountain?
There isn't one company that can guarantee the cheapest rate to everybody, since the rates they charge for coverage are calculated based off of factors that can vary from person to person, such as vehicle make and model, driving record, and number of drivers on the policy. By using sites like Compare.com to compare multiple quotes simultaneously, you can rest assured that you're getting the best price available.
Do I need to change my insurance if I move to Stone Mountain?
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. 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 Stone Mountain 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?