Little Elm, TX Car Insurance

On average, drivers in Little Elm pay around $73 per month for their car insurance. To learn more about policy rates and coverage in the Little Elm area, continue reading our guide below.
What should residents of Little Elm expect to pay for their car insurance? How does Little Elm compare to the surrounding area and the rest of Texas? You can see the cost breakdowns and contributing factors in the charts and writeups below:  

How much is car insurance in Little Elm?

Area Average Monthly Car Insurance Premium
Little Elm$73
TX$64
United States$80

Auto insurance policies in Little Elm are about $9 a month more expensive than the rest of Texas.

If you're thinking of moving to Little Elm from out of state, you may still be in luck. The average monthly payment for the United States as a whole is about $7 more expensive than in Little Elm.

While these are the average car insurance rates for Little Elm, keep in mind that you could end up paying a different amount. The amount that insurance companies end up charging you is determined by a number of factors. 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.

But don't worry, we've broken down the average rate for Little Elm residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. If you think you might be overpaying for insurance in your area, enter your ZIP Code below and find out!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$115
25-34$62
35-44$55
45-54Not Enough Data
55-64$49
65+$47

It's pretty safe to assume that the older you are, the more experience you have as a driver. That experience can really work in your favor when factored into your car insurance rates. According to the table above, you can see that 18-24-year-olds pay two times the price that someone who is at retirement age.

Every ten years or so you can expect to see a decline in your monthly premium. You may see your rates climb back up a bit once you hit retirement age in Little Elm.

Average Car Insurance Rates by Gender

Gender Average
Male$75
Female$70

Car insurance rates for men are usually slightly more expensive than they are for women. In Little Elm, the difference comes out to about $5 per month. Based on the chart above, you can see that female drivers pay around $70 on average, while male drivers typically pay $75 each month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$92
Multiple Accidents$106
1 Ticket$113
Multiple TicketsNot Enough Data

Depending on your driving record, your rates can vary wildly. Drivers with clean records will pay significantly lower rates than those with accidents or violations. Drivers in Little Elm with one accident will pay around $92 a month. On a similar note, drivers with one ticket on their record will be looking at a monthly rate of about $113 on average.

When it comes to your monthly bill, accidents, tickets, and other driving infractions can really take a toll. So, if you want the cheapest rates, drive carefully and try to maintain a clean driving record.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$53
2-3 Years$65
4-5 Years$67
6-7 Years$75
8-10 Years$72
11-14 Years$76
15 Years or Older$77

If you look at the first table above, you'll see that SUVs are typically the cheapest vehicles to insure in Little Elm, with drivers paying around $67 per month for insurance coverage.

Truck and van drivers will see rates of about $72, while the rates for car owners average out to about $75 a month.

In addition to vehicle type, you can also expect to see slightly different rates based on how old your vehicle is. Newer vehicles are generally going to be the most expensive to insure. Once your car is a few years old however, your rates may start to dip back down a bit. In Little Elm, vehicles fifteen years and older are the most expensive to insure.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$83
Married$55
Divorced$53
Widowed$48

On average, car insurance is slightly cheaper for married policyholders. This usually boils down to owners having multiple vehicles on the same policy, something that will often get you a discount.

On a national scale, married drivers typically pay less than single drivers for auto insurance. Little Elm is no exception, with the difference totaling to around $28 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$63
Rent$70
Live with parents$117

Your living accommodations is another factor that affects your monthly rate. Renters can expect to pay around $7 a month more than drivers who own property in Little Elm. Those who live with their parents, however, can expect to pay a lot more.

If you bundle your home or rental insurance and auto insurance policies, you can oftentimes reduce your average costs, depending on your insurance company.

Car Insurance Companies in Little Elm, TX

Recent trends in car insurance for Little Elm drivers

Since average rates are constantly changing, it's a smart move to research the local trends in your area before shopping for coverage.

In Little Elm, the rates for auto insurance had been decreasing from 2016-2017, before steadying out in 2018. Insurance rates finished down in 2021, at $62 per month

How does Little Elm compare to neighboring areas?

Why are car insurance rates in Little Elm different from other areas?

When considering how much to charge for an insurance policy, car insurance companies will evaluate several factors. While we've discussed the ones that affect your personal policy, others are based around where you park your car. These include things like:

  • Area laws
  • Access to off-street parking
  • Frequency of car accidents
  • Number of drivers in the community
  • Crime levels

It's good to be aware of these factors (even though you may not be able to do much to influence them) as you shop for a new policy or consider relocating. 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 Little Elm?

Equipping 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.

Don't worry, Compare.com does all of that work for you. Enter your ZIP below, answer a few questions related to the factors we outlined above, and you'll be comparing the cheapest quotes from a number of the car insurance companies that offer auto coverage in Little Elm.

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Little Elm Insurance FAQs

What factors affect car insurance quotes in Little Elm?

Car insurance companies calculate quotes based on a wide array of factors. These include things you can't control like your gender and age but also factors like your vehicle's year, make and model, plus your address, credit score, marital status, and driving record.

Why is the cost of car insurance in Little Elm different from other neighboring cities?

Things like crime rates, parking situations, and local laws, 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 Little Elm?

There isn't one company that can guarantee the cheapest rate to everybody, since the rates they charge for coverage are calculated based off of factors that can vary from person to person, such as vehicle make and model, driving record, and number of drivers on the policy. By using sites like Compare.com to compare multiple quotes simultaneously, you can rest assured that you're getting the best price available.

Do I need to change my insurance if I move to Little Elm?

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 Little Elm 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.

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