Midland Car Insurance

The Zebra
May 30, 2018

Car Insurance in Midland

It is known that Texas has costly premiums, as its mean rate is $383 higher than the national average. Premiums run high in the city as well, so if you are insuring a vehicle in Midland, being knowledgeable about premiums is especially critical. Keep some money in your pocket by following the tips below about how to save on car insurance in Midland.

  • City Average: $1,603
  • State Average: $1,810
  • National Average: $1,427

Midland Car Insurance by Gender and Marital Status

Pricing for car insurance premiums in Midland is determined by many things, including marital status and gender. Believe it or not, marital status has a substantial impact on premiums. You can save close to $170 per year if you're married as opposed to single. Rates for those who are widowed are also strikingly cheaper than rates for those who are single. $29 is the amount by which men's and women's car insurance premiums vary.

  • Female: $1,574
  • Male: $1,603
  • Single: $1,603
  • Married: $1,435
  • Divorced: $1,603
  • Widowed: $1,441

Midland Car Insurance by Credit Rating

For individuals with Very Poor credit (300-579), as opposed to Exceptional credit (800-850), car insurance premiums are $1,471 more a year. Drivers will see the greatest percent reduction in premiums when they boost their credit from Very Good (740-799) to Exceptional (800-850). That change can save them 20% per year.

  • Very Poor: $2,800
  • Fair: $2,369
  • Good: $1,966
  • Very Good: $1,656
  • Exceptional: $1,329

Midland Car Insurance by Accident or Violation History

Do you realize the impact an accident or violation can have on your car insurance premiums? An at-fault accident with greater than $2000 of damages will increase your car insurance premiums more than other driving violations. Nobody plans on getting into an accident, but things happen, so be aware of how your rates can change following one. Being at-fault in an accident costs drivers an additional 48% per year in premiums compared to the city average. Typically, a DUI in Midland will cost you 40% more in car insurance premiums versus the city average of $1,603. Reckless driving will bump your rates up as well, with average rates of $2,192, which are 37% higher than the city average.

  • DUI: $2,241
  • Reckless Driving: $2,192
  • At-fault Accident (damages less than $1000): $2,367
  • At-fault Accident (damages greater than $2000): $2,367
  • Speeding Ticket (16-20 mph over speed limit): $1,666

Midland Car Insurance by Age

With average rates of $5,036, teenage drivers are the ones who pay the most in car insurance premiums. Everybody loves to save money, and luckily for drivers in their 50s, they do just that! They have the lowest rates among any age group, with rates of $1,347 per year. Those in their 60s ($1,401) have premiums that aren't much higher. The largest drop in premiums between any age group is from the teenage age bracket to the 20s, as drivers in Midland start saving an average of 61%. Car insurance premiums continue to trend downward up until drivers turn 60.

  • Teenagers: $5,036
  • 20s: $1,939
  • 30s: $1,578
  • 40s: $1,526
  • 50s: $1,347
  • 60s: $1,401
  • 70s: $1,721

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