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How much is car insurance in Columbia?
|Area||Average Monthly Car Insurance Premium|
Car insurance coverage in Columbia is about $22 cheaper than it is in the rest of Maryland.
On the other hand, the expected monthly payments for an auto insurance policy in Columbia are above the national average. You can expect to pay about $18 more for your policy in Columbia.
While these numbers represent the average monthly payments for coverage in Columbia, that doesn't mean it's what you'll pay. There are numerous factors taken into consideration by insurance companies when deciding the rate you'll pay for coverage. 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 the average rate for Columbia residents based on several different factors so that you can get a more accurate idea of what you might pay. If you think you might be overpaying for insurance in your area, enter your ZIP below and find out!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
It makes sense that older drivers would have more experience behind the wheel, right? When it comes to auto insurance premiums, that experience pays off. In this case, 18-24-year-olds pay $76 more than someone who is at retirement age.
For every 10 years, you can expect to see a drop in your monthly premium. Columbia drivers may see their rates begin to increase again once they hit retirement.
Average Car Insurance Rates by Gender
Car insurance rates for men are usually slightly more expensive than they are for women. This is true in Columbia, where women pay around $12 less a month. As illustrated in the table above, male drivers in the area pay about $103 on average, while female drivers pay around $91 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Rates can vary wildly depending on your driving record. Those with fewer accidents and tickets will pay less than those with multiple infractions. The rate for drivers in Columbia with a single accident on their record is about $115 a month. On a similar note, drivers with one ticket on their record will be looking at a monthly rate of about $155 on average.
Regardless of where you live, accidents, tickets, and other driving infractions can greatly increase your premium. So, if you're looking for cheap car insurance, drive carefully and keep a clean record.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$96|
|15 Years or Older||$85|
As you can see in the first table above, the cheapest vehicles to insure in Columbia are typically trucks and vans, which run about $63 per month.
Car owners will see a monthly premium of about $101, while SUV owners by and large pay around $95 per month.
You can also expect to see slightly different rates depending on your vehicle's age. Generally, newer vehicles are going to cost the most to insure. However, your rates may start to decrease if your car is a few years old. In Columbia, the most expensive vehicles to insure are vehicles four-to-five years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$106|
Generally, car insurance is slightly cheaper for married policyholders. This occurs because insurance companies commonly extend special discounts to policyholders with multiple vehicles that are on the same policy.
The difference in rates based on relationship status in Columbia can be as much as $24 a month, so it's worth keeping that in mind.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$126|
Your housing situation is another component of how insurance companies calculate your monthly rate. If you rent your home or apartment in Columbia, expect to pay around $20 a month more than if you own property. But if you live with your parents, your rates will be significantly higher.
Depending on your insurance company, they may offer you a discount if you bundle your home or renters insurance with your auto policy.
Car Insurance Companies in Columbia, MD
Recent trends in car insurance for Columbia drivers
Car insurance rates are frequently changing, so it's in your best interest to understand which way your area is trending before picking an insurance policy.
Auto insurance rates in Columbia rose from 2016-2017 -- where they reached a high of $94 -- before leveling out in 2018. Car insurance rates had been increasing again in 2019, and finished down at $85 in 2021.
How does Columbia compare to neighboring areas?
Why are car insurance rates in Columbia different from other areas?
There are a lot of factors car insurance companies take into consideration when figuring out how much to charge for a monthly rate. Your insurance policy will depend largely on where you live and will be influenced by things such as:
- Total number of drivers in the region
- Road Safety (frequency of local car accidents)
- Amount of off-street parking
- Community laws
- Area crime rates
It's good to be aware of these factors (even though you may not be able to do much to change them) as you shop for a new policy or consider making a move. Knowing 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 Columbia?
In the end, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies. Understanding what the average costs are for drivers prior to seeking out a quote can help you understand how closely the quote reflects local trends.
Good news! Compare.com has you covered. Just type in your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from a bulk of the car insurance companies offering auto coverage in Columbia in no time.
Columbia Insurance FAQs
What factors affect car insurance quotes in Columbia?
The factors that car insurance companies take into account when calculating your monthly cost include things you can't control like your age and gender, but also factors like your vehicle's make and model, year, driving record, credit score, as well as your marital status and address.
Why is the cost of car insurance in Columbia different from other neighboring cities?
Auto insurance companies consider regional factors, such as local laws, parking situations, and crime rates into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.
Which car insurance company will offer me the cheapest rate in Columbia?
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 however, by using sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Columbia?
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 point, no matter how much time is left on your current policy. If you're thinking about moving to Columbia or are wondering if you're paying the best rate for your current area, take 10 minutes and visit Compare.com to find out for sure.