Car insurance costs an average of $155 each month in Edmond. Learn more about how rates are calculated or enter your ZIP to compare quotes.
The average car insurance rate in Edmond is $1,860 per year. That's more expensive than the average in Oklahoma ($1,787) and pricier than the national average of $1,548. Keep reading to learn more about how much you can expect to pay based on your marital status, age, credit score, and other common factors in Edmond.
|Edmond Average (annual)||Oklahoma Average||National Average|
The best way to save on auto insurance is to compare rates from as many companies as possible, selecting the provider from which you receive the most affordable quote. In Edmond, State Farm offers the cheapest rates for the average insurance customer. See below the best companies for cheap auto insurance in Edmond.
|Insurance Company||Average Yearly Rate|
The age group that enjoys the lowest auto insurance rates in Edmond are drivers in their 60s, who pay an average of $1,589 per year. Drivers in their 50s pay marginally higher rates — $1,603 per year.
Teenage drivers pay Edmond's most expensive car insurance rates. One of the easiest ways to lower your car insurance rates as a driver in Edmond is to age out of your teenage years. The cost differential between the auto insurance rates paid by teenage drivers and drivers in their 20s in Edmond is $3,845, the largest such difference between any two age groups.
|Age||Average Annual Rate|
In some cases, a driver's marital status and gender may affect their car insurance premiums. In most places, single drivers pay more than married drivers based on data that says they're more likely to file claims. Married drivers in Edmond pay $149 less than single drivers for auto insurance.
Gender is another factor that can influence auto insurance rates. In Edmond, female drivers pay $17 per year more than do male drivers.
|Marital Status/Gender||Average Yearly Rate|
No matter where you live, steering clear of accidents and violations is the best way to keep your auto insurance rates affordable. At-fault accidents, DUIs, reckless driving citations, and speeding tickets all contribute to a hike in your insurance rates, as insurance companies reward low-risk drivers with the gift of affordable rates.
Edmond drivers found guilty of reckless driving pay the price when it comes to auto insurance, facing a rate increase of $1,045 per year when compared to the city average. A ticket for speeding results in a $436 rate hike, on average, while a DUI violation costs $850per year in insurance premiums.
|Violation||Average Yearly Rate|
|At-fault Accident (damages less than $1,000)||$2,604|
|At-fault Accident (damages greater than $2,000)||$2,871|
|Speeding Ticket (16-20 mph over speed limit)||$2,296|
An important insurance rating factor in most states is credit. Drivers with checkered credit histories typically face higher car insurance rates than do drivers with good credit. In Edmond, an improvement in credit score from the "Very Poor" tier (300-579) to the "Exceptional" tier (800-850) corresponds to a 49% drop in car insurance costs. Moving from "Very Poor" to "Fair" credit is a great way to save money on car insurance. In Edmond, improving your credit to "Fair" could help you earn $524 in savings on insurance premiums each year.
|Credit Level||Average Rate (annual)|