Table of contents
How much is car insurance in Ridgewood?
|Area||Average Monthly Car Insurance Premium|
Looking at the chart above, you can see that it is around $6 a month more expensive to insure your vehicle in Ridgewood than it is in the rest of New York.
Likewise, Ridgewood residents should prepare to pay higher rates for coverage than the rest of the country. It's around $124 more expensive to insure your vehicle in Ridgewood compared to the average rate for the rest of the U.S.
These rates may be the average amount Ridgewood drivers pay for their insurance policy, but that doesn't mean it's exactly what you'll pay. Insurance companies take an array of factors into consideration when determining how much to charge you to insure your vehicle. Age, gender, vehicle make and model, driving record, and in some cases, your credit score, are all factored into assessing the final dollar amount you'll be asked to pay each month.
Don't sweat it however, we've broken down average rates for Ridgewood residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. If you think you might be overpaying for insurance in your area, enter your ZIP Code below and find out!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
|45-54||Not Enough Data|
It makes sense that the older you are, the more experience you have driving, right? That experience can lead to some serious savings when it comes to car insurance bills. As you can see, 18-24-year-olds pay two times the price that drivers of retirement age.
Every ten years or so you can expect to see a decline in your monthly premium. That said, once you hit retirement age, your rates may begin to go back up in Ridgewood.
Average Car Insurance Rates by Gender
Car insurance rates for female drivers are usually cheaper than those for male drivers. The difference in Ridgewood is around $46 per month. Based on the chart above, you can see that female drivers pay around $168 on average, while male drivers typically pay $214 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
|1 Ticket||Not Enough Data|
Rates can vary wildly depending on your driving record. Those with clean records will obviously pay significantly less than those with infractions. Drivers in Ridgewood with one accident will pay around $241 a month.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$199|
|15 Years or Older||$235|
If you look at the first table above, the cheapest vehicles to insure in Ridgewood are by and large trucks and vans, at $118 per month.
Car owners, on the other hand, typically pay around $223 a month, while SUV drivers can expect to pay about $187 per month for auto insurance.
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 about 5 years old, however, your monthly bill may start to dip back down. In Ridgewood, vehicles fifteen years and older are the most expensive to insure.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$213|
More often than not, married policyholders will pay slightly less for auto insurance coverage. This usually boils down to owners having multiple vehicles on the same policy, something many companies offer special discounts for.
The difference in rates based on relationship status in Ridgewood can be as much as $66 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||$104|
Another factor taken into consideration is your living accommodations. Homeowners in Ridgewood can expect to pay around $34 a month less than those who rent. 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 Ridgewood, NY
Recent trends in car insurance for Ridgewood drivers
Since average rates are constantly changing, it's a smart move to research the local trends in your area before shopping for coverage.
In Ridgewood, car insurance rates had been decreasing from 2016-2018, when they hit a low of $108. This shifted in 2019, when policy premiums started to rise. They reached a high of $227 in 2020, and finished at $176 in 2021.
How does Ridgewood compare to neighboring areas?
Why are car insurance rates in Ridgewood different from other areas?
When considering how much to charge for coverage, car insurance companies will review a variety of factors. The specifics of your home address will have an impact on your personal policy. This might include things like:
- Access to off-street parking
- Road safety
- Regional laws
- Crime levels
- Total amount of drivers in the community
Having an awareness of these factors is critical when thinking about buying a new policy or potentially moving to a new home. 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 Ridgewood?
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.
Fortunately, Compare.com has you covered. Put in your ZIP below, answer a few questions, and you'll be comparing the cheapest quotes from many of the car insurance companies that offer auto coverage in Ridgewood in no time.
Ridgewood Insurance FAQs
What factors affect car insurance quotes in Ridgewood?
The factors that car insurance companies take into account when calculating your monthly cost include things you can't control like your gender and age, 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 Ridgewood different from other neighboring cities?
Crime rates, parking situations, and local laws -- 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 Ridgewood?
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 Ridgewood?
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. 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 Ridgewood or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?