Table of contents
How much is car insurance in Georgetown?
| Area | Average Monthly Car Insurance Premium |
|---|---|
| Georgetown | $56 |
| TX | $64 |
| United States | $80 |
Based on the chart above, you can see that coverage in Georgetown typically costs about $8 a month less than it does in the rest of Texas.
When stacked up against the national average, the average monthly policy payment for Georgetown is more affordable. Car insurance rates for the U.S. as a whole are, on average, $24 more expensive than the rates you'd pay in Georgetown.
These may be the average auto insurance rates for Georgetown, but that doesn't mean it's exactly what you'll pay. There are numerous factors taken into consideration by insurance companies when deciding the rate you'll pay for coverage. Your bill each month is calculated off of your age, gender, vehicle make and model, driving record, and in some cases, your credit score.
We've done the heavy lifting for you and broken down the average rate for Georgetown 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 |
| 18-24 | $101 |
| 25-34 | $52 |
| 35-44 | $46 |
| 45-54 | $44 |
| 55-64 | $39 |
| 65+ | $44 |
Generally, the older you are the more experienced you are behind the wheel, right? That experience can lead to some serious savings when it comes to auto insurance bills. In this case, 18-24-year-olds pay twice as much as someone who is at retirement age.
You can expect to see your monthly premium drop every 10 years or so. Once you hit retirement, however, you may see your rates climb back up a bit in Georgetown.
Average Car Insurance Rates by Gender
| Gender | Average |
|---|---|
| Male | $60 |
| Female | $51 |
On average, female drivers pay slightly less for car insurance than their male counterparts. The difference in average rates in Georgetown totals about $9 a month. As you can see in the chart above, car insurance for women in the area typically costs around $51 each month, while men pay $60 on average.
Average Auto Insurance Rates by Driving Record
| Infractions | Average Monthly Premium |
|---|---|
| 1 Accident | $67 |
| Multiple Accidents | $85 |
| 1 Ticket | $109 |
| Multiple Tickets | $138 |
Your driving record can have a tremendous impact on your car insurance rates. Those with fewer accidents and tickets will pay much less than those with multiple infractions, while those with clean driving records will obviously pay the least. Drivers in Georgetown with one accident will pay around $67 a month. Likewise, if you have one ticket, you'll be looking at an average rate of around $109.
Accidents, tickets, and other driving infractions can really hurt your wallet. So, if cheap car insurance is something you're after, drive safely and keep a clean record.
Average Insurance Rates by Vehicle
| Vehicle Age | Average Monthly Premium |
|---|---|
| Less Than 1 Year | $50 |
| 2-3 Years | $47 |
| 4-5 Years | $45 |
| 6-7 Years | $58 |
| 8-10 Years | $56 |
| 11-14 Years | $60 |
| 15 Years or Older | $55 |
The cheapest vehicles to insure in Georgetown are usually trucks and vans, with each type typically costing about $52 per month.
Car owners can expect to pay an average of around $57 a month for their policy, while SUVs usually cost around $53 a month to insure.
In addition to vehicle type, you can also expect to see slightly different rates depending on the age of your vehicle. Generally, newer vehicles are going to cost the most to insure. Once your car is a few years old, however, you may see your bill start to shrink a bit. The most expensive vehicles to insure in Georgetown are vehicles eleven-to-fourteen years old.
Average Car Insurance Rates by Relationship Status
| Relationship | Average Monthly Premium |
|---|---|
| Single (never married) | $62 |
| Married | $46 |
| Divorced | $47 |
| Widowed | $41 |
Generally speaking, those who have settled down into marriage will pay slightly less for auto insurance coverage. This usually boils down to owners having multiple vehicles on the same policy, something that will often get you a discount.
At a national level, married drivers usually pay less than single drivers for auto insurance. This holds true for Georgetown as well, where the difference is around $16 a month.
Average Car Insurance Rates by Housing Situation
| Housing Status | Average Monthly Premium |
|---|---|
| Own | $52 |
| Rent | $55 |
| Live with parents | $78 |
Another factor that comes into play is your housing situation. Renters can expect to pay around $3 a month more than homeowners in Georgetown. Those who live with their parents, however, can expect to pay a good deal more than their counterparts who rent or own.
Bundling your home or rental insurance with your auto insurance can oftentimes reduce your overall costs, depending on your insurance company.
Car Insurance Companies in Georgetown, TX
Recent trends in car insurance for Georgetown drivers
Given that average rates are often changing, it's a smart move to know the direction your area is trending when deciding when and where to shop.
Car insurance rates in Georgetown rose from 2016-2017, when they reached a high of $63. This shifted in 2018, when car insurance rates began to decrease. They hit a low of $45 in 2020, and finished up in 2021, at $50 per month.
How does Georgetown compare to neighboring areas?
Why are car insurance rates in Georgetown different from other areas?
There are a variety of factors car insurance companies take into consideration when choosing how much to charge for coverage. The price of your insurance policy will depend largely on where you live and will be influenced by things such as:
- Prevalence of crime
- Amount of drivers in the community
- Access to off-street parking
- Road Safety (frequency of local car accidents)
- Area regulations
Having an awareness of these factors is critical when thinking about buying a new policy or potentially moving to a new home. Realizing 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 corner of the world.
How can I find the cheapest car insurance in Georgetown?
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.
Don't worry, Compare.com does all of that work for you. Just punch in your ZIP Code below, answer a few questions about you and your car, and you'll be comparing the cheapest quotes from the many car insurance companies providing coverage in Georgetown.
Georgetown Insurance FAQs
What factors affect car insurance quotes in Georgetown?
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 address, credit score, driving record and marital status, as well as your vehicle's year and make and model.
Why is the cost of car insurance in Georgetown different from other neighboring cities?
Auto insurance companies consider regional factors, such as parking situations, local laws, and crime rates into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.
Which car insurance company will offer me the cheapest rate in Georgetown?
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 Georgetown?
Any time you experience a major life event, whether it's moving to a new area, getting married, finding a new job, or other notable events, it's always a good idea to re-evaluate your current insurance. Certain companies offer cheaper insurance in certain cities, so even if you were getting the cheapest rate at your old address, it doesn't mean it'll still be the cheapest at your new home. That's why it's always good 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. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to Georgetown or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?