Oak Ridge, TN Car Insurance

The average monthly cost for car insurance in Oak Ridge is about $48. For more information refer to our guide below.
How much can residents of Oak Ridge expect to pay for their car insurance? Compared to their surrounding area, how do rates in Oak Ridge stack up? What about against the rest of Tennessee? See what factors contribute to determining the average cost in our detailed charts and breakdowns below:  

How much is car insurance in Oak Ridge?

Area Average Monthly Car Insurance Premium
Oak Ridge$48
TN$52
United States$80

According to the chart above, the average cost of auto insurance in Tennessee is about $4 a month more expensive than it is in Oak Ridge.

When stacked up against the national average, the average monthly policy payment for Oak Ridge is more affordable. Auto insurance coverage in Oak Ridge is about $32 cheaper than it is for the rest of the U.S.

Bear in mind that while these are the average car insurance rates for Oak Ridge, you could end up paying something different. Insurance companies take in a variety of factors when determining how much to charge you for your car insurance. Things like gender, vehicle make and model, driving record, age and, in some areas, credit score can all affect the bill you'll see each month.

But don't worry, we've broken down average rates for Oak Ridge residents 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, simply enter your ZIP below to learn more about rates in your area!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$68
25-34$45
35-44$40
45-54$39
55-64$40
65+$37

The longer you've been on the road, the more experienced of a driver you are. That experience can lead to some serious savings when it comes to car insurance premiums. As you can see, 18-24-year-olds pay a lot more than someone who is retirement aged.

Every ten years or so you can expect to see a decline in your monthly premium. You may see your rates begin to go back up once you hit retirement in Oak Ridge.

Average Car Insurance Rates by Gender

Gender Average
Male$50
Female$47

Male drivers pay, on average. slightly more than female drivers for auto insurance. In Oak Ridge, however, the difference in the monthly cost of coverage is minimal.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$43
Multiple Accidents$86
1 Ticket$43
Multiple Tickets$51

Your rates can vary wildly depending on your driving record. Those with fewer accidents and tickets will pay less than those with multiple infractions, while those with clean driving records will obviously pay the least. Drivers in Oak Ridge with a single accident will pay around $43 a month. Similarly, if you have one ticket on your record, you will be looking at an average rate of around $43.

Accidents, tickets, and other driving infractions can cost you some serious cash. That's why it's important to drive safely and keep your record clean so you can keep your rates as low as possible.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$60
2-3 Years$37
4-5 Years$37
6-7 Years$70
8-10 Years$51
11-14 Years$49
15 Years or Older$44

If you look at the first table above, the cheapest vehicles to insure in Oak Ridge are typically SUVs, at $46 per month.

SUV owners, on the other hand, usually pay around $46 a month, while truck and van drivers can expect to pay about $50 per month for auto insurance coverage.

Your vehicle's age has an impact on the cost of your policy as well. Newer vehicles are generally going to be the most expensive to insure. However, once your car is around 5 years old, you might start to see your rates slide back down slightly. In Oak Ridge, vehicles six-to-seven years old are the most expensive to insure.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$51
Married$34
Divorced$44
Widowed$38

Generally speaking, those who are currently married will pay slightly less for car insurance. This occurs because insurance companies commonly extend special discounts to policyholders with multiple vehicles that are on the same policy.

At a national level, single drivers usually pay more than married couples do for auto insurance. Oak Ridge follows that pattern, with the difference totaling to around $17 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$50
Rent$47
Live with parents$56

Another factor taken into consideration is your living accommodations. Renters can expect to pay around $3 a month less than those who own their own home in Oak Ridge. Those who live with their parents, however, can expect to pay a good deal more than their counterparts who rent or own.

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 car insurance premiums.

Car Insurance Companies in Oak Ridge, TN

Recent trends in car insurance for Oak Ridge drivers

Since car insurance rates are constantly changing, it's a good idea to know the local trends in your area before choosing an insurance policy.

In Oak Ridge, car insurance rates had been increasing from 2016-2017, before leveling out in 2018. Rates finished up in 2021, at $62 a month

How does Oak Ridge compare to neighboring areas?

Why are car insurance rates in Oak Ridge different from other areas?

There are a number of factors car insurance companies will consider when deciding how much to charge for a monthly rate. Your insurance policy will depend largely on where you park your car and will be influenced by things such as:

  • General road safety (how many accidents each locality has)
  • Total amount of drivers in the area
  • Off-street parking accessibility
  • Crime
  • Regional laws

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 Oak Ridge?

Arming yourself with information about the average costs for drivers in your area will better prepare you for the real deal. The only way to know for sure what your rate will be is by asking for a quote from car insurance companies.

Fortunately, Compare.com will handle the heavy lifting for you. Put in your ZIP Code below, respond to a few questions, and you'll be comparing the cheapest quotes from a bulk of the car insurance companies providing auto coverage in Oak Ridge.

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Oak Ridge Insurance FAQs

What factors affect car insurance quotes in Oak Ridge?

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 year, make and model, plus your marital status, address, credit score, and driving record.

Why is the cost of car insurance in Oak Ridge different from other neighboring cities?

Things like crime rates, local laws, and parking situations, 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 Oak Ridge?

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 Oak Ridge?

Any major life event, whether it be moving to a new area, finding a new job, getting married, or any other notable event always presents a good opportunity to re-evaluate your current insurance policy. Regardless of your previous rate, there may be cheaper options in your new location, so it's a good 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 Oak Ridge 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.

Find your best rate in just a few minutes