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How much is car insurance in Warwick?
|Area||Average Monthly Car Insurance Premium|
As you can tell from the chart above, the cost of coverage in Warwick is about $8 a month more expensive than the rest of Rhode Island.
Likewise, Warwick residents should prepare to pay higher rates for coverage than the rest of the country. It's about $143 more expensive than the national average to insure your vehicle in Warwick.
Bear in mind that while these are the average car insurance rates for Warwick, you could end up paying something different. The monthly rate that insurance companies end up charging you is determined by a variety of factors. 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 Warwick residents based on several different factors so that you can get a more accurate idea of what it might cost to insure your vehicle. And if you think you might be overpaying for insurance, simply enter your ZIP Code below to learn more about rates in your area!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
|45-54||Not Enough Data|
The older you are, the more experience you're likely to have behind the wheel, right? When it comes to car insurance bills, that experience can help put some change back into your pocket. In this case, 18-24-year-olds pay $265 more than someone who is at retirement age.
You can expect to see your monthly premium drop about once a decade or so. You may see your rates rise again once you hit retirement age in Warwick.
Average Car Insurance Rates by Gender
While women typically pay less than men do for auto insurance, Warwick goes against the grain. Female drivers typically pay around $24 more per month for auto insurance than their male counterparts.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
|1 Ticket||Not Enough Data|
|Multiple Tickets||Not Enough Data|
Depending on your driving record, your rates can vary quite a lot. Drivers with clean records will pay significantly lower rates than those with accidents or violations. Drivers in Warwick with one accident will pay around $318 a month.
Regardless of where you live, accidents, tickets, and other driving infractions can greatly increase your premium. 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||Not Enough Data|
|15 Years or Older||$221|
According to the first table above, the cheapest vehicles to insure in Warwick are typically trucks and vans, at $171 per month.
Car owners can expect to pay an average of around $222 a month for their policy, while SUVs usually cost around $265 a month to insure.
In addition to vehicle type, 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. Once your car is around 5 years old, however, you may see your rates begin to drop back down. In Warwick, the most expensive vehicles to insure are vehicles six-to-seven years old and eleven-to-fourteen years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$248|
On average, those who have settled down into marriage will pay slightly less to insure their car. This usually happens because companies will award special discounts to policyholders with multiple vehicles that are on the same policy.
The cost of auto insurance in Warwick reflects the national trend of married couples paying less than single drivers to insure their vehicles, to the tune of about $105 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$194|
Your living accommodations is another factor that affects your monthly rate. In Warwick, homeowners can expect to pay around $8 a month less than those who rent. But if you live with your parents, your rates will be significantly higher.
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 costs.
Car Insurance Companies in Warwick, RI
Recent trends in car insurance for Warwick drivers
Given that average rates are often changing, it's a smart move to know the direction your area is trending when choosing your car insurance policy.
The rates for car insurance in Warwick had been increasing from 2016-2018, when they hit a high of $273. This shifted in 2019, when they began to turn downward again. They finished up in 2021, at $209 a month
How does Warwick compare to neighboring areas?
Why are car insurance rates in Warwick different from other areas?
When considering how much to charge for a monthly rate, car insurance companies will consider a lot of factors. While we already mentioned the ones that affect your personal policy, others are influenced by where you call home. These include things like:
- Area crime rates
- Access to off-street parking
- Road Safety (frequency of local car accidents)
- Community regulations
- Amount of drivers in the community
An awareness of these factors is important when thinking about buying a new policy or potentially moving to a new home. Get started with a guide like this to get familiar with the average rates of your area.
How can I find the cheapest car insurance in Warwick?
In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.
Luckily, Compare.com does all of that work for you. Simply enter your ZIP below, answer a few questions on you and your vehicle, and you'll be comparing the cheapest quotes from numerous car insurance companies offering plans in Warwick.
Warwick Insurance FAQs
What factors affect car insurance quotes in Warwick?
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 vehicle's year, make and model, plus your marital status, address, credit score, and driving record.
Why is the cost of car insurance in Warwick different from other neighboring cities?
Things like parking situations, local laws, and crime rates, which are dependent on your address and area you live in, can significantly affect the cost of insurance relative to other cities.
Which car insurance company will offer me the cheapest rate in Warwick?
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 Warwick?
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. You can switch companies at any time, regardless of how long is left on your current policy. So, if you've recently moved to Warwick or it's been a while since you last compared car insurance rates, you may want to take 10 minutes and see if Compare.com can save you money.