Anderson, IN Car Insurance

On average, drivers in Anderson pay around $50 per month for their car insurance. To learn more about what you're likely to pay in the Anderson area, read our guide below.
What can Anderson residents expect to pay for their car insurance? How does Anderson compare to the surrounding area and the rest of Indiana? You can find average cost breakdowns based on a wide array of factors in the charts and writeups below:  

How much is car insurance in Anderson?

Area Average Monthly Car Insurance Premium
Anderson$50
IN$51
United States$80

Looking at the chart above, you can see that the average monthly price in Anderson is in line with pricing for the rest of Indiana.

Similarly, car insurance rates in Anderson are more affordable than the national average. The average monthly payment in Anderson is about $30 less than the rate for the rest of the U.S.

Bear in mind that while these rates are the average costs for drivers in Anderson, it doesn't mean that's what you'll pay. There are a number of factors that determine how much insurance companies might charge you to insure your vehicle. Your bill each month is calculated off of your age, gender, vehicle make and model, driving record, and in some cases, your credit score.

We've done the heavy lifting for you and broken down the average rate for Anderson 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, simply enter your ZIP below to learn more about rates in your area!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$78
25-34$39
35-44$43
45-54$46
55-64$35
65+$40

Generally, the older you are the more experienced you are behind the wheel, right? That experience can lead to some serious savings when it comes to car insurance premiums. As you can see, 18-24-year-olds pay $38 more than drivers of retirement age.

For every 10 years, you can expect to see a drop in your monthly premium. You may see your rates climb back up once you hit retirement in Anderson.

Average Car Insurance Rates by Gender

Gender Average
Male$49
Female$50

Car insurance rates for women are generally cheaper than they are for men. While this isn't true in Anderson, the difference in monthly rates is minimal.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$59
Multiple Accidents$53
1 Ticket$68
Multiple TicketsNot Enough Data

One of the key factors in determining your car insurance rates is your driving record. Those with clean records can expect to pay significantly less than those with infractions. In Anderson, a driving record with one accident will usually get you a rate around $59 a month. Likewise, drivers with one ticket on their record will be looking at an average rate of around $68.

Regardless of where you live, accidents, tickets, and other driving infractions can greatly increase your premium. Remember, the safer you are as a driver, the cheaper your car insurance will be.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$37
2-3 Years$62
4-5 Years$52
6-7 Years$38
8-10 Years$51
11-14 Years$53
15 Years or Older$48

The cheapest vehicles to insure in Anderson are by and large cars, with each type typically costing about $48 per month.

SUVs, trucks, and vans, however, all cost about the same for auto insurance -- around $48 a month.

In addition to vehicle type, you can also expect to see slightly different rates depending on the age of your vehicle. Newer vehicles are generally going to be the most expensive to insure. However, your rates may start to drop back down once your car is about 5 years old. In Anderson, the most expensive vehicles to insure are vehicles two-to -three years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$52
Married$43
Divorced$45
Widowed$37

Generally, people who are married will pay slightly less for car insurance. This can usually be attributed to their policies having multiple vehicles, a factor some companies will reward with discounts.

The difference in rates based on relationship status in Anderson can be as much as $9 a month, so it's worth keeping that in mind.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$43
Rent$46
Live with parents$76

Your living accommodations is another factor that affects your monthly rate. Those who own their own home in Anderson can expect to pay around $3 a month less than those who rent. Those who live with their parents, however, can expect to pay a lot 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 costs.

Car Insurance Companies in Anderson, IN

Recent trends in car insurance for Anderson drivers

Car insurance rates are frequently changing, so it's in your best interest to understand which way your area is trending before shopping for coverage.

The rates for car insurance in Anderson decreased from 2016-2017, before leveling out in 2018. They finished down in 2021, at $35 per month

How does Anderson compare to neighboring areas?

Why are car insurance rates in Anderson different from other areas?

Car insurance companies will consider several factors when trying to decide how much to charge for a policy. A few of these factors affecting your personal policy have already been mentioned, but others are based around where you call home. These include things like:

  • Total number of drivers
  • Prevalence of crime
  • Area regulations
  • Amount of off-street parking
  • General road safety (how many accidents each locality has)

A decent level of familiarity with these factors can be helpful when you're ready to purchase of a new policy or thinking about making 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 Anderson?

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 does all of that work for you. Put in your ZIP Code below, answer a few questions about you and your car, and you'll be comparing the cheapest quotes from a bulk of the car insurance companies offering policies in Anderson.

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Anderson Insurance FAQs

What factors affect car insurance quotes in Anderson?

Car insurance companies calculate quotes based on a wide array of factors. These include things like your age and gender, 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 Anderson 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 local laws, crime rates, 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 Anderson?

There isn't one company that will offer the cheapest rate to everybody. What companies will charge you are based on many different factors that vary from person to person, such as your driving record, what kind of car you drive, how many drivers will be on your policy, and a number of other factors. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once. That way, you can be confident you're getting the best price.

Do I need to change my insurance if I move to Anderson?

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. You can switch companies at any time, regardless of how long is left on your current policy. So, if you've recently moved to Anderson or it's been a while since you last compared car insurance rates, you may want to take 10 minutes and see if Compare.com can save you money.

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