Table of contents
How much is car insurance in Austin?
|Area||Average Monthly Car Insurance Premium|
Based on the above chart, auto insurance policies in Austin are about $5 a month cheaper than in the rest of Texas.
Drivers relocating from out of state may enjoy some cost savings in Austin. Car insurance rates for the U.S. as a whole are, on average, $21 more expensive than the rates you'd pay in Austin.
Although these are the average monthly costs for an auto insurance policy in Austin, that doesn't mean it's exactly what you'll pay. 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 final amount you'll be charged for coverage each month.
Don't worry, we've done the work for you and broken down average rates for Austin to help you get a more accurate idea of what you'll be charged for your policy. If you think you might be overpaying for insurance in your area, enter your ZIP below and find out!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
Generally, the older you are the more experienced you are behind the wheel, right? It also makes sense that the more experienced of a driver you are, the safer you are. As you can see, 18-24-year-olds pay significantly more than drivers of retirement age.
For every 10 years, you can expect to see a decrease in your monthly premium. That said, once you hit retirement, your rates may climb back up a bit in Austin.
Average Car Insurance Rates by Gender
On average, female drivers pay slightly less than male drivers for car insurance. In Austin, however, male and female drivers both pay, on average, $60 for their monthly policy premium.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Depending on your driving record, your rates can vary quite a lot. A clean driving record will get you a lower rate than one with even just a single accident or infraction. In Austin, drivers with one accident on their record will experience rates around $70 a month. Likewise, drivers with one ticket on their record will be looking at an average rate of around $70.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$56|
|15 Years or Older||$58|
In Austin, the cheapest vehicles to insure are by and large trucks and vans, with drivers paying around $58 per month for insurance.
SUV drivers will see rates of about $59 for auto insurance coverage, while car owners usually pay around $60 a month.
The age of your vehicle also plays a role in your monthly payment. Generally, the most expensive vehicles to insure are going to be newer ones. However, if your car is a few years old, you can expect to see your rates start dropping back down. The most expensive vehicles to insure in Austin are vehicles eleven-to-fourteen years old and eight-to-ten years old.
The age of your vehicle can also affect your monthly bill. Overall, newer vehicles are going to cost the most to insure. However, once your car is about 5 years old, you might start to see your rates slide back down slightly. The most expensive vehicles to insure in Austin, however, are vehicles eleven-to-fourteen years old and eight-to-ten years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$63|
More often than not, married policyholders will pay slightly less to insure their car. This can usually be attributed to their policies having multiple vehicles, a factor many companies extend special discounts for.
According to the table above, the difference in rates based on relationship status in Austin can be as much as $13 a month, so it's worth taking into consideration.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$99|
Your housing situation is another factor that affects your monthly rate. Renters can expect to pay around $11 a month more than homeowners in Austin. 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 Austin, TX
Recent trends in car insurance for Austin drivers
Given that average rates are often changing, it's a smart move to know the direction your area is trending before shopping for coverage.
In Austin, auto insurance rates declined from 2017-2018, but began to increase in 2020. This trend has continued and car insurance rates reached a high of $66 per month in 2022.
How does Austin compare to neighboring areas?
Why are car insurance rates in Austin different from other areas?
Car insurance companies will take into account a number of factors when they're choosing how much to charge for a policy. The price of your insurance policy will depend largely on your home address and will be influenced by things such as:
- Regional crime rates
- Road Safety (frequency of local car accidents)
- Total number of drivers in the area
- Off-street parking access
- Community regulations
You'll be hard pressed to change any of these factors yourself, but they're worth considering when thinking about the purchase of a new policy or a move. Knowing 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 particular neighborhood.
How can I find the cheapest car insurance in Austin?
In the end, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies. Understanding what the average costs are for drivers prior to seeking out a quote can help you understand how closely the quote reflects local trends.
Fortunately, Compare.com does all of that work for you. Just type in your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from a bulk of the car insurance companies that offer policies in Austin.
Austin Insurance FAQs
What factors affect car insurance quotes in Austin?
Quotes are calculated by car insurance companies who take multiple factors into consideration, including things you can't control like your age and gender, but also factors like your credit score, address, marital status and driving record.
Why is the cost of car insurance in Austin different from other neighboring cities?
Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like local laws, parking situations, and crime rates -- which can vary from city to city -- can significantly affect your rate.
Which car insurance company will offer me the cheapest rate in Austin?
No one insurance company is guaranteed to offer the cheapest rate across the board. Since companies base their rates on factors that differ from person to person, such as driving record, number of drivers on the policy, vehicle make and model, and many more, it's a good idea to use sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Austin?
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?
No. Regardless of how much time is left on your current policy, you can switch companies at any time. So, whether you're considering moving to Austin or just curious if you're getting the best rates, why not take 10 minutes and see if Compare.com can save you some extra cash?