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How much is car insurance in Princeton?
|Area||Average Monthly Car Insurance Premium|
As you can see in the chart above, car insurance rates in Princeton are slightly more expensive than the rest of Texas.
That being said, car insurance rates in Princeton are more affordable than the national average. It's about $14 cheaper than the national average to insure your vehicle in Princeton.
While these are the average car insurance rates for Princeton, you could end up paying something different. The monthly rate that insurance companies end up charging you is determined by a variety 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 premium.
We've done the heavy lifting for you and broken down the average rate for Princeton so that you can get a more accurate idea of what your policy will cost you. And if you're not sure that you're paying the lowest option, simply enter your ZIP Code below and find out!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
|45-54||Not Enough Data|
More time behind the wheel makes you a more experienced driver. When it comes to car insurance rates, that experience can really pay off. As you can see, 18-24-year-olds pay a lot more than drivers 65 and older.
Every ten years or so you can expect to see a decline in your monthly premium. You may see your rates creep back up once you hit retirement age in Princeton.
Average Car Insurance Rates by Gender
Although women typically pay less than men do to insure their vehicle, this is not the case in Princeton, where female drivers pay around $69 per month while male drivers pay about $64.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
One of the biggest factors in determining your car insurance rates is your driving record. Drivers with clean records will pay much lower rates than those with accidents or violations. Drivers in Princeton with a single accident on their record will usually see rates around $81 a month. Likewise, drivers with one ticket on their record will be looking at an average rate of around $95.
Wherever you live, accidents, tickets, and other driving infractions will almost certainly drive up your monthly bill. In order to reduce your monthly bill and get the cheapest car insurance possible, keep your record clean and drive carefully.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$70|
|15 Years or Older||$59|
If you look at the first table above, you'll see that trucks and vans are typically the cheapest vehicles to insure in Princeton, with drivers paying around $61 per month for auto insurance.
Car owners can expect to pay an average of around $69 a month for their policy, while SUVs usually cost around $64 a month to insure.
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 may start to see your monthly premium decrease. The most expensive vehicles to insure in Princeton are vehicles eleven-to-fourteen years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$75|
Generally speaking, people who are married will pay slightly less for auto insurance. This oftentimes is a result of owning multiple vehicles that are on the same policy, something many companies extend special discounts for.
On a national scale, married drivers typically pay less than single drivers for auto insurance. Princeton is no exception, with the difference totaling to around $23 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$115|
One other element taken into consideration is your housing situation. Renters can expect to pay around $9 a month more than homeowners in Princeton. 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 and auto insurance policies can oftentimes reduce your car insurance costs, depending on your insurance company.
Car Insurance Companies in Princeton, TX
Recent trends in car insurance for Princeton 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 Princeton, the rates for car insurance have been mixed over the past few years. They rose in 2016, decreased in 2018, and increased again in 2020, before finishing at $93 in 2021.
How does Princeton compare to neighboring areas?
Why are car insurance rates in Princeton different from other areas?
When considering how much to charge for coverage, car insurance companies will review a variety of factors. While we already mentioned the ones that affect your personal policy, others are influenced by where you live. These include things like:
- Total number of drivers
- Road Safety (frequency of car accidents)
- Area regulations
- Area crime rates
- Off-street parking access
While you won't have the ability to change these factors yourself, they can be handy to keep in mind when seeking a new policy or considering a move. Get started with a guide like this to get familiar with the average rates of your area.
How can I find the cheapest car insurance in Princeton?
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 can handle all of this for you. Just put in your ZIP below, answer a few questions on you and your vehicle, and you'll be quickly comparing the cheapest quotes from a bulk of the car insurance companies offering coverage in Princeton.
Princeton Insurance FAQs
What factors affect car insurance quotes in Princeton?
The factors that car insurance companies take into account when calculating your monthly cost include things you can't control like your gender and age, 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 Princeton different from other neighboring cities?
Your address and the city you live in have a significant impact on how much a car insurance company might charge for your policy. Companies take into consideration things like parking situations, crime rates, and local laws when calculating your quote -- all of which can change from city to city.
Which car insurance company will offer me the cheapest rate in Princeton?
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 Princeton?
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 Princeton 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.