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How much is car insurance in Balch Springs?
|Area||Average Monthly Car Insurance Premium|
Car insurance policies in Balch Springs are about $6 a month more expensive than the rest of Texas.
Compared to the national average cost of auto insurance coverage, Balch Springs has lower rates. You can expect to pay about $10 below the national average for auto insurance in Balch Springs.
These rates provide a great starting point for understanding what to expect for your monthly payment, but there's no guarantee that this is what you will end up paying. Insurance companies weigh a variety of factors when determining how much to charge you for car insurance. Variables like age, gender, vehicle make and model, driving record, and even credit score (depending on your area) can all be taken into consideration when determining your monthly policy payment.
We've analyzed the average rate for Balch Springs and broken down the different factors to help you understand what your monthly bill might look like. If you're not certain that you're getting the cheapest rate for your area, just enter your ZIP below to find out!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
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 premiums. As you can see, 18-24-year-olds pay two times the price that someone who is retirement aged.
Every ten years or so you can expect to see a decline in your monthly premium. Balch Springs drivers may see their rates creep back up once they hit retirement.
Average Car Insurance Rates by Gender
Car insurance rates for men are usually slightly more expensive than they are for women. In Balch Springs, this difference shakes out to about $4 a month. Based on the chart above, you can see that female drivers pay around $68 on average, while male drivers typically pay $72 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
|1 Ticket||Not Enough Data|
Depending on your driving record, your rates can vary quite a lot. Those with clean records can expect to pay less than those with infractions. In Balch Springs, a driving record with a single accident will usually get you a rate around $91 a month.
When it comes to your monthly premium, accidents, tickets, and other driving infractions can really take a toll. Remember, cheap car insurance rates are dependent on driving safely and keeping your record clean.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$119|
|15 Years or Older||$59|
According to the first table above, trucks and vans are usually the cheapest vehicles to insure in Balch Springs, with drivers paying around $54 per month for insurance.
Car owners, on the other hand, typically pay around $74 per month, while SUV drivers can expect to pay about $61 a month for insurance coverage.
You may also see different rates based on the age of your vehicle. Newer vehicles are generally going to be the most expensive to insure. However, once your car is a few years old, you might start to see your rates slide back down slightly. In Balch Springs, the most expensive vehicles to insure are vehicles less than one year old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$76|
On average, car insurance is slightly cheaper for married policyholders. This oftentimes is a result of owning multiple vehicles that are on the same policy, something that will often get you a discount.
The difference in rates based on relationship status in Balch Springs can be as much as $22 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||$95|
Another factor taken into consideration is your living accommodations. If you rent your home or apartment, expect to pay around $2 a month more than if you own your own home in Balch Springs. But if you live with your parents, your rates will be significantly higher.
Many companies, however, will offer you a discount to bundle your home or rental insurance with your auto insurance policy, which can help reduce your overall costs.
Car Insurance Companies in Balch Springs, TX
Recent trends in car insurance for Balch Springs drivers
Since car insurance rates are constantly changing, it's a good idea to know the local trends in your area before selecting an insurance provider.
In Balch Springs, the rates for auto insurance had been decreasing from 2016-2017, before leveling out in 2018. Insurance rates decreased again, reaching a low of $54 in 2020, and finishing up at $71.
How does Balch Springs compare to neighboring areas?
Why are car insurance rates in Balch Springs different from other areas?
When considering how much to charge for a monthly rate, car insurance companies will consider a number of factors. Many factors affecting your policy are based around where you live and drive. These factors include things like:
- Local crime rates
- Amount of drivers in the area
- Off-street parking availability
- Road Safety (total number of local car accidents)
- Local regulations
A decent level of familiarity with these factors can be helpful when you're ready to purchase of a new policy or thinking about making a move. Different cities and towns will each have different rates, so guides like these are a handy way to get started.
How can I find the cheapest car insurance in Balch Springs?
While knowing what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.
Don't worry, Compare.com does all of that work for you. Just type in your ZIP Code below, answer a few questions about your driving profile, and you'll be comparing the cheapest quotes from many of the car insurance companies that offer policies in Balch Springs.
Balch Springs Insurance FAQs
What factors affect car insurance quotes in Balch Springs?
Car insurance companies calculate quotes based on a wide array of factors. These include things like your age and gender, but also factors like your driving record, credit score, address and marital status, as well as your vehicle's year and make and model.
Why is the cost of car insurance in Balch Springs different from other neighboring cities?
Crime rates, local laws, and parking situations -- 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 Balch Springs?
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 Balch Springs?
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?
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 Balch Springs 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.