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How much is car insurance in Cape Girardeau?
|Area||Average Monthly Car Insurance Premium|
Auto insurance coverage in Cape Girardeau is about $8 cheaper than it is in the rest of Missouri.
Similarly, car insurance rates in Cape Girardeau are more affordable than the national average. Car insurance rates for the U.S. as a whole are, on average, $11 more expensive than the rates you'd pay in Cape Girardeau.
Keep in mind that while these are the average car insurance rates for Cape Girardeau, it isn't guaranteed that it's what you'll pay. Insurance companies take an array of factors into consideration when determining how much to charge you to insure your vehicle. Things like age, gender, vehicle make and model, driving record and, in some areas, credit score can all get factored into calculating the amount you'll be asked to pay each month.
But don't worry, we've broken down the average rates for Cape Girardeau residents based on several different factors so that you can get a more accurate idea of what you might pay. 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 more time you've spent on the road, the more experience you have. That experience can turn into some real savings when it comes to car insurance bills. In this case, 18-24-year-olds pay significantly more than drivers 65 and older.
For every 10 years, you can expect to see a decrease in your monthly premium. Cape Girardeau drivers may see their rates start to rise again once they hit retirement.
Average Car Insurance Rates by Gender
While women typically pay less than men do for auto insurance, Cape Girardeau bucks this trend. Female drivers typically pay around $4 more a month for car insurance coverage than their male counterparts.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
|Multiple Tickets||Not Enough Data|
Your rates can vary wildly depending on your driving record. Those with clean records can expect to pay less than those with infractions. In Cape Girardeau, a driving record with one accident will usually get you a rate around $70 a month. In addition, drivers with one ticket can expect to pay around $71 a month on average.
Accidents, tickets, and other driving infractions can really cost you when it comes to your monthly rate. In order to reduce your monthly bill and get the cheapest car insurance possible, keep your record clean and drive carefully.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$26|
|15 Years or Older||$62|
In Cape Girardeau, the cheapest vehicles to insure are by and large SUVs, with drivers paying around $57 per month for insurance coverage.
Truck and van drivers will see rates of about $58, while the rates for car owners average out to about $75 per month.
You can also expect to see slightly different rates depending on the age of your vehicle. Generally, newer vehicles are going to be the most expensive to insure. Once your car is a few years old, however, your monthly bill may start to dip back down. In Cape Girardeau, 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)||$73|
On a national scale, married drivers typically pay less than single drivers for auto insurance. Cape Girardeau is no exception, with the difference totaling to around $16 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$119|
One other element taken into consideration is your living accommodations. Renters can expect to pay around $14 a month less than drivers who own property in Cape Girardeau. But those who live at home with their parents can expect to pay significantly more.
That being said, many companies will offer you a discount if you bundle your homeowners or rental insurance policy with your auto insurance.
Car Insurance Companies in Cape Girardeau, MO
Recent trends in car insurance for Cape Girardeau drivers
The average rates for car insurance are constantly changing, so it's a good idea to know the recent trends in your area when selecting an auto insurance policy.
The rates for auto insurance in Cape Girardeau went up from 2016-2017, before leveling out in 2018. Insurance rates increased again, reaching a high of $78 in 2020, and finished down at $61 in 2021.
How does Cape Girardeau compare to neighboring areas?
Why are car insurance rates in Cape Girardeau different from other areas?
When considering how much to charge for a monthly rate, car insurance companies will consider several factors. Your insurance policy will depend largely on your home address and will be influenced by things such as:
- Road safety
- Prevalence of crime
- Total number of drivers in the area
- Regional regulations
- Off-street parking accessibility
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. Realizing 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 corner of the world.
How can I find the cheapest car insurance in Cape Girardeau?
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.
Good news! Compare.com does all of that work for you. Just put in your ZIP Code below, answer a few questions about your driving profile, and you'll be comparing the cheapest quotes from a bulk of the car insurance companies that offer plans in Cape Girardeau.
Cape Girardeau Insurance FAQs
What factors affect car insurance quotes in Cape Girardeau?
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 driving record, credit score, address and marital status, as well as your vehicle's year and make and model.
Why is the cost of car insurance in Cape Girardeau different from other neighboring cities?
Auto insurance companies consider regional factors, such as crime rates, local laws, and parking situations 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 Cape Girardeau?
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 Cape Girardeau?
Any time you experience a major life event, whether it's moving to a new area, getting married, finding a new job, or other notable events, it's always a good idea to re-evaluate your current insurance. Certain companies offer cheaper insurance in certain cities, so even if you were getting the cheapest rate at your old address, it doesn't mean it'll still be the cheapest at your new home. That's why it's always good 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. 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 Cape Girardeau or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?