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How much is car insurance in Redmond?
|Area||Average Monthly Car Insurance Premium|
The cost of coverage in Redmond is about $7 a month cheaper than it is for the rest of Washington.
Drivers relocating from out of state may enjoy some cost savings in Redmond. The average monthly payment for the U.S. as a whole is about $12 more expensive than in Redmond.
These may be the average auto insurance rates for Redmond, but that doesn't mean it's exactly what you'll pay. There are numerous factors taken into consideration by insurance companies when deciding the rate you'll pay for coverage. 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 rate for Redmond residents based on several different factors so that you can get a more accurate idea of your policy's monthly premium. And if you're not sure if you're getting the cheapest rate for your area, simply enter your ZIP below and find out!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
It makes sense that the older you are, the more experience you have driving, right? When it comes to your monthly premium, that experience can really pay off. As you can see, 18-24-year-olds pay significantly more than drivers 65 and older.
For every 10 years, you can expect to see a decrease in your monthly premium. That said, once you hit retirement, your rates may start to rise again in Redmond.
Average Car Insurance Rates by Gender
In general, car insurance rates for women are usually cheaper than they are for men. In Redmond, although men do pay a bit less on their monthly auto insurance coverage, the price is about the same for either group.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
|Multiple Tickets||Not Enough Data|
Your rates can change quite drastically depending on your driving record. Those with clean records can expect to pay significantly less than those with infractions. In Redmond, having a single accident on your record will usually get you rates around $87 a month. In addition, drivers with a single ticket on their record can expect to pay around $97 a month on average.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$65|
|15 Years or Older||$72|
In terms of affordable coverage, the cheapest vehicles to insure in Redmond are typically trucks and vans, at $58 per month.
Car owners will see a monthly bill of about $68, while SUV owners usually pay around $72 a month.
In addition to vehicle type, you can also expect to see slightly different rates based on the age of your vehicle. Generally, newer vehicles are going to cost the most to insure. Once your car is a few years old, however, you may see your rates begin to drop back down. In Redmond, the most expensive vehicles to insure are vehicles two-to -three years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$71|
Generally speaking, people who are married will pay slightly less to insure their car. This can usually be attributed to their policies having multiple vehicles, a factor some companies will reward with discounts.
The cost of auto insurance in Redmond reflects the national trend of married couples paying less than single drivers to insure their vehicles, to the tune of about $16 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$90|
One other element taken into consideration is your housing situation. If you rent your home or apartment, expect to pay around $11 a month more than if you own your own home in Redmond. Those who live with their parents, however, can expect to pay a lot more.
Bundling your home or rental insurance and auto insurance policies can oftentimes reduce your overall costs, depending on your insurance company.
Car Insurance Companies in Redmond, WA
Recent trends in car insurance for Redmond drivers
The average rates for car insurance are constantly changing, so it's a good idea to know the recent trends in your area when choosing your car insurance policy.
The cost of car insurance in Redmond had been increasing from 2016-2017, before leveling out in 2018. Rates finished down in 2021, at $55 per month
How does Redmond compare to neighboring areas?
Why are car insurance rates in Redmond different from other areas?
When considering how much to charge for a monthly rate, car insurance companies will consider a lot of factors. Where you live will also have a significant impact on your personal policy. This may include things like:
- Crime rates
- Amount of off-street parking
- Road Safety (frequency of car accidents)
- Total number of drivers in the region
- Community laws
Knowing the make-up of these factors can be helpful when deciding on purchasing 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 Redmond?
While knowing 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.
Luckily, Compare.com can handle all of this for you. Enter your ZIP Code below, answer a few questions about you and your car, and you'll be quickly comparing the cheapest quotes from the many car insurance companies providing policies in Redmond.
Redmond Insurance FAQs
What factors affect car insurance quotes in Redmond?
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 driving record, credit score, address and marital status, as well as your vehicle's year and make and model.
Why is the cost of car insurance in Redmond different from other neighboring cities?
Things like crime rates, local laws, and parking situations, 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 Redmond?
No one insurance company is guaranteed to offer the cheapest rate across the board. Since companies base their rates on factors that differ from person to person, such as driving record, number of drivers on the policy, vehicle make and model, and many more, 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 Redmond?
Any time you experience a major life event, whether it's moving to a new area, getting married, finding a new job, or other notable events, it's always a good idea to re-evaluate your current insurance. Certain companies offer cheaper insurance in certain cities, so even if you were getting the cheapest rate at your old address, it doesn't mean it'll still be the cheapest at your new home. That's why it's always good 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 Redmond 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.