Arvada Car Insurance

The Zebra
May 30, 2018

Car Insurance in Arvada

Colorado has premiums that are fairly similar to the national average, as they are within 0.6% of one another. Who doesn't like to save money? Check out some methods to save on car insurance in Arvada.

  • City Average: $1,407
  • State Average: $1,435
  • National Average: $1,427

Arvada Car Insurance by Accident or Violation History

Having a clean driving record is important if you want to keep the cost of insurance premiums low. A DUI will increase your car insurance premiums more than other driving violations. In Arvada, drivers with a DUI need to spend $735 more than the city average to insure their vehicle. Reckless driving will also push your premiums up, with average rates of $2,126! Car insurance is an average of $665 more per year in Arvada if you have an at-fault accident on your driving record.

  • DUI: $2,142
  • Reckless Driving: $2,126
  • At-fault Accident (damages less than $1000): $2,072
  • At-fault Accident (damages greater than $2000): $2,072
  • Speeding Ticket (16-20 mph over speed limit): $1,706

Arvada Car Insurance by Age

With average car insurance payments of $5,551, teenage drivers have the most expensive rates of any age group. The greatest fall in premiums between any age group is from the teenage age bracket to the 20s, as drivers in Arvada start paying 66% less in premiums. The first time drivers can anticipate their age to trigger an increase in premiums is when they turn 60. Among all age groups, drivers in their 50s have the lowest car insurance premiums, with rates of $1,290 per year. Those in their 60s ($1,318) have premiums that aren't much higher.

  • Teenagers: $5,551
  • 20s: $1,902
  • 30s: $1,382
  • 40s: $1,358
  • 50s: $1,290
  • 60s: $1,318
  • 70s: $1,611

Arvada Car Insurance by Credit Rating

Improving your credit can save you a sizable sum of money. Those in the bottom credit tier (300-579) pay an average of more than twice as much for car insurance than those in the top credit tier (800-850). The biggest benefit of better credit comes from rising from Very Poor (300-579) to Fair (580-669), by which drivers can save an average of $355 per year.

  • Very Poor: $2,725
  • Fair: $2,278
  • Good: $1,850
  • Very Good: $1,495
  • Exceptional: $1,226

Arvada Car Insurance by Gender and Marital Status

There are a variety of factors, including marital status and gender, that can play a role in car insurance premiums in Arvada. 3% is the amount by which men's and women's car insurance premiums vary. Rates for those who are widowed are moderately cheaper than rates for those who are single. Married individuals save roughly $80 per year on car insurance compared to those who are single.

  • Female: $1,446
  • Male: $1,407
  • Single: $1,407
  • Married: $1,330
  • Divorced: $1,407
  • Widowed: $1,350

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