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How much is car insurance in Roanoke?
|Area||Average Monthly Car Insurance Premium|
Based on the chart above, it costs about the same to insure your vehicle in Roanoke as it does in the rest of Texas.
On the flip side, car insurance rates in Roanoke are often favorable when viewed against the rest of the country. You can expect to pay about $14 below the national average for auto insurance in Roanoke.
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 number of factors that determine how much insurance companies might charge you to insure your vehicle. Things like age, gender, vehicle make and model, driving record and, in some areas, credit score can all play a part in the final dollar amount you'll be asked to pay each month.
We've broken down the average rates for Roanoke to help you understand what exactly you might be asked to pay. And if you're not certain that you're paying the lowest option, simply enter your ZIP below and find out in just minutes!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
It makes sense that older drivers would have more experience behind the wheel. When it comes to auto insurance premiums, that experience pays off. According to the table above, you can see that 18-24-year-olds pay $40 more than someone who is at retirement age.
You can expect to see your monthly premium drop every 10 years or so. Roanoke drivers may see their rates climb 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 Roanoke, male drivers pay about $8 more a month. As you can see in the table above, female drivers in the area typically pay $62 on average, while female drivers typically pay $70 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
|Multiple Tickets||Not Enough Data|
One of the biggest factors in determining your car insurance rates is your driving record. A clean driving record will obviously get you a lower rate than one with accidents or infractions. In Roanoke, a driving record with a single accident will usually get you a rate around $79 a month. Similarly, if you have one ticket on your record, you will be looking at an average rate of around $78.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$81|
|15 Years or Older||$78|
According to the first table above, SUVs are typically the cheapest vehicles to insure in Roanoke, with drivers paying around $59 per month for auto insurance.
Car owners, on the other hand, by and large pay around $69 per month, while truck and van drivers can expect to pay about $62 a month for car insurance coverage.
Your rates can also vary depending on your vehicle's age. Generally, newer vehicles are going to be the most expensive to insure. However, once your car is about 5 years old, you might start to see your rates slide back down slightly. In Roanoke, 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)||$74|
More often than not, car insurance is slightly cheaper for married policyholders. This usually boils down to owners having multiple vehicles on the same policy, something many companies extend special discounts for.
At a national level, single drivers usually pay more than married couples do for auto insurance. Roanoke follows that pattern, with the difference totaling to around $24 a month.
Average 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. If you rent your home or apartment in Roanoke, expect to pay around $4 a month more than if you own property. 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 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 shopping for coverage.
In Roanoke, car insurance rates declined from 2016-2017 -- where they reached a low of $56 -- before leveling out in 2018. Car insurance rates decreased again in 2019, and finished up at $75 in 2021.
How does Roanoke compare to neighboring areas?
Why are car insurance rates in Roanoke different from other areas?
There are many factors car insurance companies take into consideration when figuring out how much to charge for coverage. Many factors affecting your policy are based around where you park your car. These factors include things like:
- Amount of off-street parking
- Area regulations
- Road Safety (frequency of local car accidents)
- Amount of drivers in the area
- Regional crime rates
It's good to be aware of these factors (even though you may not be able to do much to change them) as you shop for a new policy or consider making a move. With the knowledge 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 particular neighborhood.
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.
But hold on! Compare.com does all of that work for you. Simply enter your ZIP Code below, answer a few questions related to the factors we outlined above, and you'll be comparing the cheapest quotes from several of the car insurance companies offering policies in Roanoke.
Roanoke Insurance FAQs
What factors affect car insurance quotes in Roanoke?
The factors that car insurance companies take into account when calculating your monthly cost include things you can't control like your age and gender, but also factors like your vehicle's year, make and model, 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?
Auto insurance companies consider regional factors, such as parking situations, crime rates, and local laws 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 Roanoke?
Since the factors that car insurance companies take into consideration when calculating the rate you might pay differ from person to person, there is no one insurance company that will offer the cheapest rate to everybody. Things like your driving record, the number of drivers on the policy, and vehicle make and model, plus a number of others, are all taken into account. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Roanoke?
Whenever you relocate or experience another major life event, such as finding a new job or getting married, you should consider revisiting your current insurance policy. Using services like Compare.com to compare quotes from multiple companies at once is a great way to make sure you're getting the cheapest rate for your new location.
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 Roanoke or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?