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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.
Compared to the rest of the country, auto insurance in Roanoke is more affordable. It's about $16 cheaper to insure your vehicle in Roanoke compared to the average rate for the U.S. as a whole.
Keep in mind that these are the average auto insurance rates for Roanoke, and that the rate you get could end up being something different. Insurance companies take an array of factors into consideration when determining how much to charge you for your car insurance. Age, gender, vehicle make and model, driving record, and in some cases, your credit score, are all factored into assessing the final dollar amount you'll be asked to pay each month.
We've analyzed the average rate for Roanoke and broken down the different factors to help you understand what exactly you might be asked to pay. To find out if you're getting the cheapest rate, just enter your ZIP below and find out in minutes!
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Average Car Insurance Rates by Age
|Age Range||Average Premium|
The older you are, the more experience you're likely to have behind the wheel, right? When it comes to auto insurance premiums, that experience pays off. As you can see, 18-24-year-olds pay $38 more than drivers of retirement age.
As you get older, you can expect to see a drop in your monthly premium every 10 years. That said, once you hit retirement, your rates may begin to go back up in Roanoke.
Average Car Insurance Rates by Gender
Male drivers pay, on average. slightly more than female drivers for auto insurance. The difference in Roanoke is around $6 a month. As you can see in the table above, male drivers in the area typically pay $68 on average, while female drivers typically pay $62 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Depending on your driving record, your rates can vary quite a lot. Drivers who avoid accidents and tickets will pay significantly lower rates than those with infractions. In Roanoke, a driving record with one accident will usually get you a rate around $79 a month. Likewise, drivers with one ticket on their record will be looking at an average rate of around $63.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$79|
|15 Years or Older||$76|
According to the first table above, the cheapest vehicles to insure in Roanoke are typically SUVs, at $60 per month.
Car owners, on the other hand, by and large pay around $68 per month, while truck and van drivers can expect to pay about $61 a month for car insurance.
Depending on your vehicle's age, you can also expect to see slightly different rates. Generally, the most expensive vehicles to insure are going to be newer ones. However, your rates may start to decrease if your car is close to 5 years old. 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)||$73|
On average, married policyholders will pay slightly less for insurance coverage. This occurs because insurance companies commonly extend special discounts to policyholders with multiple vehicles that are on the same policy.
At a national level, married drivers usually pay less than single drivers for auto insurance. This holds true for Roanoke as well, where the difference is around $23 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$95|
Another factor that comes into play is your housing status. In Roanoke, homeowners can expect to pay around $5 a month less than those who rent. Those who live with their parents, however, can expect to pay a lot more.
Bundling your home or rental insurance with your auto insurance 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, the rates for car insurance went up from 2017-2018, when they reached a high of $70. This leveled out in 2019, when they began to decrease again. They finished down in 2022, at $50 per month
How does Roanoke compare to neighboring areas?
Why are car insurance rates in Roanoke different from other areas?
There are a variety of factors car insurance companies take into consideration when choosing how much to charge for a monthly rate. While we mentioned the factors that affect your personal policy, others are based around where you live and drive. These include things like:
- Prevalence of crime
- Total amount of drivers in the community
- Frequency of car accidents
- Off-street parking availability
- Regional laws
A decent level of familiarity with these factors can be helpful when you're ready to purchase of a new policy or thinking about making a move. Different towns and cities will all have different average rates, so guides like these are a great place to get started.
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.
Good news! Compare.com does all of that work for you. Just punch in your ZIP Code below, answer a few questions regarding the factors mentioned above, and you'll be comparing the cheapest quotes from dozens of car insurance companies that offer plans in Roanoke.
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Roanoke Insurance FAQs
What factors affect car insurance quotes in Roanoke?
Car insurance companies calculate quotes based on a wide array of factors. These include things like your age and gender, but also factors like your driving record, address, credit score, marital status, as well as your vehicle's year and make and model.
Why is the cost of car insurance in Roanoke different from other neighboring cities?
Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like crime rates, local laws, and parking situations -- which can vary from city to city -- can significantly affect your rate.
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?
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 Roanoke 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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