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How much is car insurance in Saratoga Springs?
|Area||Average Monthly Car Insurance Premium|
Based on the chart above, you can see that coverage in Saratoga Springs typically costs about $124 a month less than it does in the rest of New York.
When stacked up against the national average, the average monthly policy payment for Saratoga Springs is more affordable. It's about $6 cheaper than the national average to insure your vehicle in Saratoga Springs.
While these are the average costs to insure your vehicle in Saratoga Springs, keep in mind that you could end up paying a different amount. There are a variety of factors that insurance companies consider when determining how much to charge you for insurance. Your policy's monthly price is calculated off of your age, gender, vehicle make and model, driving record, and in some cases, your credit score.
But don't worry, we've broken down the average rates for Saratoga Springs 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 longer you've been on the road, the more experienced of a driver you are. When it comes to car insurance bills, that experience can help put some change back into your pocket. As you can see, 18-24-year-olds pay two times the price that someone who is retirement aged.
As you get older, you can expect to see a drop in your monthly premium every 10 years. Saratoga Springs drivers may see their rates start to rise again once they hit retirement.
Average Car Insurance Rates by Gender
In general, women pay slightly less for car insurance than men. This rings true in Saratoga Springs, where women pay around $38 less per month than men. As you can see in the table above, male drivers in the area typically pay $92 on average, while female drivers typically pay $54 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
|Multiple Accidents||Not Enough Data|
|1 Ticket||Not Enough Data|
|Multiple Tickets||Not Enough Data|
Your rates can change quite drastically depending on your driving record. A clean driving record will get you a lower rate than one with even just a single accident or infraction. Drivers in Saratoga Springs with one accident will pay around $72 a month.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||Not Enough Data|
|2-3 Years||Not Enough Data|
|15 Years or Older||$89|
The cheapest vehicles to insure in Saratoga Springs are usually trucks and vans, with each type typically costing about $41 per month.
Car owners can expect to pay an average of around $76 a month for their policy, while SUVs usually cost around $72 a month to insure.
You can also expect to see slightly different rates depending on how old your vehicle is. Generally, newer vehicles are going to be the most expensive to insure. Once your car is about 5 years old, however, you may see your bill start to shrink a bit. In Saratoga Springs, the most expensive vehicles to insure are vehicles four-to-five years old and fifteen years and older.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$75|
Generally, those who have settled down into marriage will pay slightly less for car insurance. This oftentimes is a result of owning multiple vehicles that are on the same policy, something some companies will reward with discounts.
In Saratoga Springs, the difference in rates based on relationship status can be as much as $23 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$33|
Your living accommodations is another component of how insurance companies calculate your monthly rate. Homeowners and renters alike can expect to pay about $75 per month for coverage in Saratoga Springs.
That said, if you bundle your homeowners or rental insurance policy with your auto insurance, many companies will offer you a discount to make up for it and reduce your average premiums.
Car Insurance Companies in Saratoga Springs, NY
Recent trends in car insurance for Saratoga Springs 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 choosing your car insurance policy.
In Saratoga Springs, the rates for car insurance had been decreasing from 2017-2018, when they reached a low of $29. This trend leveled out in 2019, when they began to increase, and have continued to do so through 2021, when rates hit a high of $99 a month.
How does Saratoga Springs compare to neighboring areas?
Why are car insurance rates in Saratoga Springs different from other areas?
There are a lot of factors car insurance companies take into consideration when deciding how much to charge for a monthly rate. While we already talked about the ones that affect your personal policy, others are based around where you live. These include things like:
- Community regulations
- Off-street parking access
- Crime levels
- Total number of drivers in the community
- Road Safety (frequency of local car accidents)
It's good to be aware of these factors (even though you may not be able to do much to influence them) as you shop for a new policy or consider relocating. 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 Saratoga Springs?
Familiarizing yourself with patterns in the average costs of drivers like you will give you a leg up in conversations with insurance companies. Ultimately, the only way to know exactly what your rate will be is by requesting a quote from those car insurance companies.
Luckily, Compare.com has you covered. Put in your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from several of the car insurance companies that offer coverage in Saratoga Springs in no time.
Saratoga Springs Insurance FAQs
What factors affect car insurance quotes in Saratoga Springs?
Car insurance companies calculate quotes based on a wide array of factors. These include things you can't control like your age and gender but also factors like your vehicle's year, make and model, plus your address, credit score, marital status, and driving record.
Why is the cost of car insurance in Saratoga Springs 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, parking situations, and crime rates when calculating your quote -- all of which can change from city to city.
Which car insurance company will offer me the cheapest rate in Saratoga Springs?
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 Saratoga Springs?
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?
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 Saratoga Springs 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.