Table of contents
How much is car insurance in Salyersville?
|Area||Average Monthly Car Insurance Premium|
Looking at the chart above, you can see that the average monthly price in Salyersville is in line with pricing for the rest of Kentucky.
Compared to the national average cost of auto coverage, Salyersville has higher rates. The cost of auto coverage in Salyersville is about $50 more expensive than the national average.
Keep in mind that these are the average auto insurance rates for Salyersville, and that the rate you get could end up being something different. There are a number of factors that determine how much insurance companies might charge you for your insurance policy. Variables like age, gender, vehicle make and model, driving record, and even credit score (depending on your area) can all be taken into consideration when determining the bill you'll see each month.
Don't sweat it however, we've broken down average rates for Salyersville residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. And if you're not sure if you're getting the cheapest rate, simply enter your ZIP Code below and find out in just minutes!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
|45-54||Not Enough Data|
It's pretty safe to assume that the older you are, the longer you've been driving, right? That experience can lead to some serious savings when it comes to auto insurance premiums. As you can see, 18-24-year-olds pay $63 more than drivers 65 and older.
For every ten years older you get, you can expect to see a drop in your monthly premium. Once you hit retirement age, however, you may see your rates start to rise again in Salyersville.
Average Car Insurance Rates by Gender
In general, female drivers pay less for car insurance than their male counterparts. The difference in Salyersville is around $9 per month. As you can see in the chart above, car insurance for women in the area typically costs around $124 each month, while men pay $133 on average.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
|Multiple Accidents||Not Enough Data|
|Multiple Tickets||Not Enough Data|
Your rates can change quite drastically depending on your driving record. Those with clean records will see the most affordable rates, whereas even a single accident or infraction can cost you. In Salyersville, a driving record with one accident will usually get you a rate around $195 a month. Likewise, drivers with one ticket will be looking at a rate of around $240 a month on average.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$94|
|15 Years or Older||$126|
As you can see in the first table above, the cheapest vehicles to insure in Salyersville are typically SUVs, which run about $122 per month.
Truck and van drivers will see rates of about $127 for car insurance, while car owners usually pay around $136 a month.
You may also see different rates based on the age of your vehicle. Generally, newer vehicles are going to cost the most to insure. Once your car is a few years old, however, you may see your bill start to shrink a bit. In Salyersville, 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)||$133|
According to the table above, the difference in rates based on relationship status in Salyersville can be as much as $17 a month, so it's worth taking into consideration.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$209|
Another factor taken into consideration is your housing situation. If you rent your home or apartment, expect to pay around $6 a month more than drivers who own property in Salyersville. 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 Salyersville, KY
Recent trends in car insurance for Salyersville 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 Salyersville rose from 2017-2018, when they hit a high of $161. This leveled out in 2019, when car insurance rates started to decrease. They reached a low of $116 in 2020, and finished up in 2021, at $125 per month.
How does Salyersville compare to neighboring areas?
Why are car insurance rates in Salyersville different from other areas?
Car insurance companies take in many factors when figuring out how much individual insurance policies will cost. While we've discussed the ones that affect your personal policy, others are based around where you live. These include things like:
- Total number of drivers in the area
- Regional laws
- Road Safety (how many accidents each locality has)
- Amount of off-street parking
- Crime rates
While you won't have the ability to change these factors yourself, they can be handy to keep in mind when seeking a new policy or considering 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 Salyersville?
While understanding what the average costs are for drivers like you can be helpful as you get an idea of what you might end up paying, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.
But wait! Compare.com can handle all of this for you. Just punch in your ZIP below, answer a few questions related to the factors we outlined above, and you'll be quickly comparing the cheapest quotes from many of the car insurance companies offering plans in Salyersville.
Salyersville Insurance FAQs
What factors affect car insurance quotes in Salyersville?
Car insurance companies calculate quotes based on a wide array of factors. These include things like your gender and age, but also factors like your address, credit score, driving record and marital status, as well as your vehicle's year and make and model.
Why is the cost of car insurance in Salyersville different from other neighboring cities?
Parking situations, local laws, and crime rates -- 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 Salyersville?
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 Salyersville?
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?
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 Salyersville 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.