How much does auto insurance cost in Arvada?
Car insurance coverage costs an average of $1,742 each year in Arvada. That's less expensive than the average across Colorado ($1,757) and more costly than the national average of $1,548. Read on to learn more about how much you can expect to pay based on your credit score, gender, marital status, and other common factors in Arvada.
CAR INSURANCE: ARVADA RATES VS. STATE + NATIONAL AVERAGES
|Arvada Average (annual)||Colorado Average||National Average|
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Arvada auto insurance premiums by company
One of the most important determinants of your car insurance rates is the insurance company you work with. For a typical driver, USAA offers Arvada's cheapest rates. See below the best companies for cheap auto insurance in Arvada — but don't forget to get personalized car insurance quotes to match your driving profile.
ARVADA CAR INSURANCE RATES BY COMPANY
|Company||Average Annual Rate|
Arvada auto insurance premiums by age
Arvada drivers in their age_50s enjoy relatively affordable auto insurance rates, paying just $1,553per year, on average. Rates for Arvada drivers in their age_60s are also relatively affordable, at just $1,571 per year.
Teenage drivers pay Arvada's most expensive insurance rates. When Arvada drivers hit their 20s, their insurance rates drop substantially. The difference in rates paid by teenage drivers and drivers in their 20s in Arvada is $3,966, the largest such difference between any two age groups.
ARVADA CAR INSURANCE RATES BY DRIVER AGE
|Age||Average Yearly Rate|
Arvada car insurance rates by gender and marital status
In some cases, a driver's marital status and gender may affect their car insurance rates. In Arvada, married drivers pay $118 less than single drivers for car insurance. Married drivers enjoy less expensive rates than their single counterparts in most locations, based on data showing they file fewer insurance claims. Rates for those who are widowed are also much cheaper than rates for those who are single. Interestingly enough, in Arvada, widowed drivers pay less than those who are single.
Gender is yet another factor that can affect auto insurance premiums. In Arvada, female drivers pay $11 per year more than do male drivers.
ARVADA CAR INSURANCE PREMIUMS BY GENDER AND MARITAL STATUS
|Marital Status/Gender||Average Annual Rate|
Arvada auto insurance premiums by driving history
No matter where you live, steering clear of accidents and citations is the best way to keep your auto insurance rates low. Speeding tickets, reckless driving citations, DUIs and DWIs, and at-fault accidents all can trigger insurance rate hikes.
Two of the most expensive driving violations from an insurance perspective are reckless driving and DUI. In Arvada, a reckless driving citation results in an average insurance rate increase of $636 per year, compared to the citywide average. For comparison's sake, a DUI offense results in a $605 increase and a speeding ticket triggers a $307 rate hike.
AVERAGE ARVADA INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
|Incident||Average Yearly Rate|
|At-fault Accident (damages less than $1,000)||$2,173|
|At-fault Accident (damages greater than $2,000)||$2,461|
|Speeding Ticket (16-20 mph over speed limit)||$2,048|
Arvada auto insurance rates by credit level
In many cases, a driver's credit level is closely correlated with their auto insurance rates. Arvada drivers who improve their credit score from "Very Poor" (300-579) to "Exceptional" (800-850) can save as much as 57% on their car insurance premiums. Moving from "Very Poor" to "Fair" credit is a great way to save money on car insurance. In Arvada, improving your credit to "Fair" could help you earn $1,234 in savings on insurance premiums each year.
ARVADA AUTO INSURANCE RATES BY CREDIT SCORE
|Credit Level||Average Annual Rate|