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How much is car insurance in Waxahachie?
|Area||Average Monthly Car Insurance Premium|
According to the chart above, the rates you'll pay for coverage in Waxahachie are on par with what you would pay anywhere else in Texas.
If you're thinking of moving to Waxahachie from out of state, you may still be in luck. It's about $19 cheaper than the national average to insure your vehicle in Waxahachie.
Bear in mind that while these rates represent the expected monthly payments for residents of Waxahachie, it doesn't mean that's what you'll pay. There are a variety of factors that car insurance companies consider to determine how much to charge you to insure your vehicle. 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 payment amount.
But don't worry, we've broken down the average rates for Waxahachie residents based on several different factors so that you can get a more accurate idea of what you might pay. And if you're not certain that you're paying the lowest option, simply enter your ZIP Code below and find out in just minutes!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
|45-54||Not Enough Data|
It makes sense that the older you are, the more experience you have driving, right? That experience can lead to some serious savings when it comes to car insurance rates. In this case, 18-24-year-olds pay a lot more than drivers 65 and older.
You can expect to see your monthly premium drop every 10 years or so. You may see your rates creep back up once you hit retirement age in Waxahachie.
Average Car Insurance Rates by Gender
In general, female drivers pay less for car insurance than their male counterparts. The difference in Waxahachie is about $7 per month. As you can see in the chart above, car insurance for women in the area typically costs around $59 each month, while men pay $66 on average.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Rates can change drastically depending on your driving record. Drivers with clean records can expect to pay a lot less than those with accidents or violations. In Waxahachie, having a single accident on your record will usually get you rates around $81 a month. In addition, drivers with a single ticket on their record can expect to pay around $69 a month on average.
When it comes to your monthly bill, accidents, tickets, and other driving infractions can really take a toll. 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||$67|
|15 Years or Older||$57|
If you look at the first table above, the cheapest vehicles to insure in Waxahachie are typically SUVs, at $57 per month.
Cars, trucks, and vans, however, usually cost about $64 for insurance.
You can also expect to see slightly different rates depending on the age of your vehicle. Generally, newer vehicles are going to cost the most to insure. However, once your car is about 5 years old, you may start to see your monthly premium drop back down. In Waxahachie, vehicles four-to-five years old are the most expensive to insure.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$70|
Generally, people who are married will pay slightly less for auto insurance coverage. This usually boils down to owners having multiple vehicles on the same policy, something many companies offer special discounts for.
The cost of auto insurance in Waxahachie reflects the national trend of married couples paying less than single drivers to insure their vehicles, to the tune of about $24 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$100|
Your living situation is another factor that affects your monthly rate. Renters can expect to pay around $1 a month more than those who own their own home in Waxahachie. 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 Waxahachie, TX
Recent trends in car insurance for Waxahachie drivers
Average rates are constantly changing, so it's a good idea to know the direction your area is trending when choosing when and where to shop.
The rates for car insurance in Waxahachie had been increasing from 2017-2018, before steadying out in 2019. Rates went up again, hitting a high of $71 in 2021, and finished down at $62 in 2022.
How does Waxahachie compare to neighboring areas?
Why are car insurance rates in Waxahachie different from other areas?
Car insurance companies take in several factors when deciding how much individual insurance policies will cost. Your insurance policy will depend largely on where you call home and will be influenced by things such as:
- Road Safety (frequency of car accidents)
- Off-street parking accessibility
- Prevalence of crime
- Number of drivers in the community
- Area regulations
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 Waxahachie?
While getting familiar with what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.
Don't worry, Compare.com has you covered. Just put in your ZIP below, answer a few questions, and you'll be comparing the cheapest quotes from dozens of car insurance companies providing coverage in Waxahachie in no time.
Waxahachie Insurance FAQs
What factors affect car insurance quotes in Waxahachie?
Car insurance companies calculate quotes based on a wide array of factors. These include things like your gender and age, 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 Waxahachie different from other neighboring cities?
Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like parking situations, local laws, and crime rates -- which can vary from city to city -- can significantly affect your rate.
Which car insurance company will offer me the cheapest rate in Waxahachie?
Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible by using sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Waxahachie?
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?
Not at all, in fact you can switch companies at any point, regardless of how much time is left on your current policy. If you're thinking about moving to Waxahachie or haven't checked out the latest rates in your area for some time, it might be worth your while to take 10 minutes and see if Compare.com can save you any cash.