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How much is car insurance in Waxahachie?
|Area||Average Monthly Car Insurance Premium|
As you can see in the chart above, car insurance rates in Waxahachie are slightly less expensive than the rest of Texas.
When viewed against the average rates for the rest of the U.S., auto insurance coverage in Waxahachie is rather affordable. The average monthly payment for the U.S. as a whole is about $19 more expensive than in Waxahachie.
Bear in mind that while these rates are the average costs for drivers in Waxahachie, it doesn't mean that's what you'll pay. There are a number of factors that determine how much insurance companies might charge you to insure your vehicle. Your policy's monthly price is calculated off of your age, gender, vehicle make and model, driving record, and in some cases, your credit score.
Don't sweat it however, we've broken down average rates for Waxahachie residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. To find out if you're getting the cheapest rate, just enter your ZIP below and find out in minutes!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
The more time you have behind the wheel, the more experienced of a driver you should be. It also makes sense that the more experienced of a driver you are, the safer you are. As you can see, 18-24-year-olds pay a lot more than drivers 65 and older.
For every 10 years, you can expect to see a drop in your monthly premium. That said, once you hit retirement, your rates may start to rise again in Waxahachie.
Average Car Insurance Rates by Gender
Female drivers pay, on average, slightly less than their male counterparts. The difference in average rates in Waxahachie totals about $10 a month. As you can see in the chart above, car insurance for women in the area typically costs around $56 each month, while men pay $66 on average.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Your rates can vary wildly depending on your driving record. Those with fewer accidents and tickets will pay less than those with multiple infractions. In Waxahachie, drivers with one accident on their record will experience rates around $75 a month. Likewise, drivers with one ticket will be looking at a rate of around $83 a month on average.
Wherever you live, accidents, tickets, and other driving infractions can cost you some serious cash. In order to keep your monthly bill down and get the cheapest car insurance possible, keep your record clean and drive safely.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$63|
|15 Years or Older||$56|
According to the first table above, SUVs are typically the cheapest vehicles to insure in Waxahachie, with drivers paying around $54 per month for auto insurance coverage.
Truck and van drivers will see rates of about $65 to insure their car, while SUV owners by and large pay around $54 per month.
You can also expect to see slightly different rates depending on how old your vehicle is. Generally, newer vehicles are going to cost the most to insure. However, once your car is close to 5 years old, you might start to see your rates slide back down slightly. In Waxahachie, vehicles eleven-to-fourteen years old are the most expensive to insure.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$69|
On average, married policyholders will pay slightly less for auto insurance. This usually boils down to owners having multiple vehicles on the same policy, something that will often get you a discount.
On a national scale, married drivers typically pay less than single drivers for auto insurance. Waxahachie is no exception, with the difference totaling to around $24 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$104|
Another factor that comes into play is your housing situation. The average rates for both homeowners and renters in Waxahachie are around $56 per month.
If you bundle your home or rental insurance and auto insurance policies, you can oftentimes reduce your overall costs, depending on your insurance company.
Car Insurance Companies in Waxahachie, TX
Recent trends in car insurance for Waxahachie drivers
Since car insurance rates are constantly changing, it's a good idea to know the local trends in your area before choosing an insurance policy.
Auto insurance rates in Waxahachie had been decreasing from 2016-2017, but began to increase in 2020. This trend has continued through 2021 when rates have most recently reached $64.
How does Waxahachie compare to neighboring areas?
Why are car insurance rates in Waxahachie different from other areas?
Car insurance companies will take into account numerous factors when they're figuring out how much to charge for a policy. The specifics of where you park your car will have an impact on your personal policy. This might include things like:
- Total number of drivers in the region
- Road Safety (frequency of local car accidents)
- Off-street parking availability
- Crime rates
- Community regulations
It's good to be aware of these factors (even though you may not be able to do much to influence them) as you shop for a new policy or consider relocating. Knowing 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?
Familiarizing yourself with patterns in the average costs of drivers like you will give you a leg up in conversations with insurance companies. Ultimately, the only way to know exactly what your rate will be is by requesting a quote from those car insurance companies.
Don't worry, Compare.com does all of that work for you. Enter your ZIP Code below, answer a few questions about your driving profile, and you'll be comparing the cheapest quotes from a bulk of the car insurance companies providing auto coverage in Waxahachie.
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 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, address, and marital status.
Why is the cost of car insurance in Waxahachie different from other neighboring cities?
Things like parking situations, crime rates, and local laws, which are dependent on your address and area you live in, can significantly affect the cost of insurance relative to other cities.
Which car insurance company will offer me the cheapest rate in Waxahachie?
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 Waxahachie?
Whenever you move to a new area, or experience any other major life event such as getting married or finding a new job, it's always a good idea to re-evaluate your current insurance policy. Certain companies may offer larger discounts in certain cities, so it's a smart 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 Waxahachie 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.