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How much is car insurance in Roanoke?
|Area||Average Monthly Car Insurance Premium|
Based on the chart above, you can see that auto insurance rates in Roanoke are in line with rates across the rest of Texas.
When compared to the national average, the cost for auto insurance in Roanoke is lower. The average monthly payment in Roanoke is about $15 cheaper than the rate for the rest of the United States.
These may be the average auto insurance rates for Roanoke, but that doesn't mean it's exactly what you'll pay. There are a variety of factors that insurance companies consider when determining how much to charge you for insurance. Things like gender, vehicle make and model, driving record, age and, in some areas, credit score can all affect your policy's monthly price.
Don't sweat it however, we've broken down average rates for Roanoke residents based on several different factors so that you can get a more accurate idea of your policy's monthly premium. To find out if you're getting the cheapest rate, just enter your ZIP Code below and find out in minutes!
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Roanoke Car Insurance Rates by Age
|Age Range||Average Premium|
|45-54||Not Enough Data|
The more time you've spent on the road, the more experience you have. 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 someone who is retirement aged.
For every 10 years, you can expect to see a drop in your monthly premium. Once you hit retirement age, however, your rates may start to rise again in Roanoke.
Roanoke Car Insurance Rates by Gender
In general, female drivers pay less for car insurance than their male counterparts. This rings true in Roanoke, where women pay around $4 less per month than men. As you can see in the table above, male drivers in the area typically pay $67 on average, while female drivers typically pay $63 each month.
Roanoke Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Your rates can change quite drastically depending on your driving record. Those with fewer accidents and tickets will pay significantly less than those with multiple infractions, while those with clean driving records will obviously pay the least. In Roanoke, drivers with one accident on their record will experience rates around $79 a month. In addition, drivers with a single ticket on their record can expect to pay around $63 a month on average.
Accidents, tickets, and other driving infractions can really hurt your wallet. In order to minimize your monthly rate, practice safe driving habits and keep your record clean.
Roanoke Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$79|
|15 Years or Older||$75|
As you can see in the first table above, the cheapest vehicles to insure in Roanoke are by and large SUVs, trucks, and vans, which run about $60 per month.
Car owners, meanwhile, pay on average $68 per month for auto insurance.
In addition to vehicle type, you can also expect to see slightly different rates based on your vehicle's age. Generally, the most expensive vehicles to insure are going to be newer ones. However, once your car is a few years old, you may start to see your monthly premium decrease. In Roanoke, the most expensive vehicles to insure are vehicles less than one year old.
Roanoke Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$73|
On average, those who are currently married will pay slightly less for auto insurance. This usually happens because companies will offer special discounts to policyholders with multiple vehicles that are on the same policy.
Married couples, on average, pay less than single drivers do to insure their vehicles. This holds true in Roanoke, with married couples paying about $23 less per month.
Roanoke Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$95|
Your housing situation is another component of how insurance companies calculate your monthly rate. Drivers who own property in Roanoke can expect to pay around $4 a month less than those who rent. But those who live at home with their parents can expect to pay significantly more.
Bundling your home or rental insurance and auto insurance policies can oftentimes reduce your car insurance premiums, depending on your insurance company.
Car Insurance Companies in Roanoke, TX
Recent trends in car insurance for Roanoke drivers
Since average rates are constantly changing, it's a smart move to research the local trends in your area before choosing when and where to shop.
Auto insurance rates in Roanoke rose from 2017-2018, when they hit a high of $70. This changed in 2019, when they began to turn downward again. They finished down in 2022, at $57 a month
How does Roanoke compare to neighboring areas?
Why are car insurance rates in Roanoke different from other areas?
When considering how much to charge for coverage, car insurance companies will review numerous factors. While we mentioned the factors that affect your personal policy, others are based around your home address. These include things like:
- Regional laws
- Number of drivers in the community
- Off-street parking accessibility
- General road safety (how many accidents each locality has)
- Local crime rates
You can't change these factors yourself, but they're something to take into consideration when shopping for a new policy or looking to move into an area. Different cities and towns will each have different rates, so guides like these are a handy way to learn more.
How can I find the cheapest car insurance in Roanoke?
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.
Luckily, Compare.com does all of that work for you. Just put in your ZIP below, answer a few questions regarding the factors mentioned above, and you'll be comparing the cheapest quotes from the many car insurance companies providing plans in Roanoke.
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Roanoke Auto Insurance FAQs
What factors affect car insurance quotes in Roanoke?
Auto insurance companies take a wide array of factors into consideration when calculating your monthly payment. These include things like your vehicle's year, make and model, your gender and age, as well as your driving record, credit score, marital status, and address.
Why is the cost of car insurance in Roanoke different from other neighboring cities?
Local laws, parking situations, and crime rates -- 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 Roanoke?
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 Roanoke?
Whenever you relocate or experience another major life event, such as getting married or finding a new job, you should consider re-evaluating your current insurance policy. By using services like Compare.com to compare quotes from multiple companies at once, you can be sure to capture any new savings brought about by your new situation.
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 point, no matter how much time is left on your current policy. If you're thinking about moving to Roanoke or are wondering if you're paying the best rate for your current area, take 10 minutes and visit Compare.com to find out for sure.
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