The words “low-cost” and “insurance” really shouldn’t be used in the same sentence, especially when you are shopping around for the best car insurance for used cars. Because it’s not cheap, let’s introduce you to a few of the factors the can have a considerable influence on car insurance premiums, and come up with some ideas to take the sting out of the next policy you buy.
Trying to buy affordable car insurance is not always easy, and figuring out which companies quote the cheapest insurance rates for used cars will require more quotes for comparison. Each auto insurer has a unique formula for determining rates, so let’s begin by taking a look at the insurance companies with the overall cheapest rates in Seattle, WA.
It’s important that readers know that Seattle, WA insurance rates are impacted by many factors that may substantially change the cost of your policy. Improving your financial situation, buying another vehicle, or getting a couple of tickets may generate price changes that may make certain companies cheaper than before.
Best Auto Insurance Prices for Used Cars
|Rank||Company||Cost Per Year|
|Quote Your Rates Go|
Capital generally has some of the best car insurance rates in Seattle at around $761 per year. This is $651 less than the average premium paid by Washington drivers of $1,412. Grange, Nationwide, Travelers, and PEMCO also rank well as some of the cheaper Seattle, WA car insurance companies.
As illustrated above, if you currently have coverage with PEMCO and switched to Grange, you could realize an annual premium reduction of about $182. Customers with Mutual Enumclaw may save as much as $243 a year, and The Hartford customers might see rate reductions of $258 a year.
It’s important to note that these prices are averaged across all drivers and vehicles in Washington and do not take into consideration a specific location for used cars. So the auto insurance company that can offer you the best rate may not even be in the top 25 companies shown above. That underscores the importance of why you need to get auto insurance quotes using your own driver and vehicle profiles.
One of the more important factors that are looked at to determine the cost of insurance is your zip code. Cities with more crime and/or more people will most likely have higher rates, whereas less populated areas have the gratification of cheaper auto insurance rates.
The information below shows the priciest cities in Washington for used cars to purchase a policy in. Seattle comes in at #5 with an annual premium of $1,363 for coverage, which is around $114 per month.
|Rank||City||Premium Per Year|
|Find Cheaper Rates Go|
Prices are approximated as the specific geographic location can modify coverage prices significantly.
The vehicle that needs insurance is one of the biggest factors that determines the availability of the best cheap insurance for used cars. Vehicles with higher performance, poor passenger safety features, or a high likelihood of having liability claims will cost substantially more to insure than safer, lower-performance models. The next list ranks car insurance premiums for a selection of the most budget-friendly automobiles to buy coverage for.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V LX 4WD||$1,554|
|Ford Escape Limited 4WD||$1,684|
|Ford Focus SE 4-Dr Sedan||$1,806|
|Chevrolet Impala LS||$1,815|
|Jeep Grand Cherokee Laredo 2WD||$1,840|
|Honda Accord LX-P 4-Dr Sedan||$1,905|
|Nissan Altima 2.5 S 4-Dr Sedan||$1,936|
|Kia Optima LX||$1,973|
|Ford Explorer Eddie Bauer 2WD||$1,995|
|Chevrolet Silverado 3500HD LTZ Crew Cab 2WD||$2,043|
|GMC Sierra 2500HD SLT Extended Cab 4WD||$2,066|
|Ford F-150 STX Regular Cab 2WD||$2,091|
|Volkswagen Jetta LE 4-Dr Sedan||$2,106|
|Toyota RAV4 4WD||$2,115|
|Compare Rates Now Go|
Cost estimates assume single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Washington minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Rates do not factor in garaging location in Seattle, WA which can decrease or increase auto insurance rates considerably.
Based on these rates, we can presume that models like the Honda CR-V, Ford Escape, Ford Focus, Chevrolet Impala, and Jeep Grand Cherokee are some of the cheaper vehicles to insure for pre-owned vehicles.
Selecting a highly-rated company is hard considering how many choices drivers have in Seattle. The ranking information shown below may help you decide which coverage providers you want to consider when comparing rate quotes. These rankings include companies that insure vehicles nationwide, so companies with more of a regional focus are not included in the list.
Top 10 Major Auto Insurance Companies in Seattle Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA Insurance – 91%
- Nationwide – 90%
- State Farm – 90%
- The Hartford – 89%
- GEICO – 89%
- Allstate – 88%
- 21st Century – 88%
- The General – 88%
Top 10 Major Auto Insurance Companies in Seattle Ranked by Value
- American Family
- The Hartford
- Titan Insurance
- The General
- AAA Insurance
- State Farm
The chart below highlights how deductible choice can increase or decrease insurance prices when searching for cheap insurance for used cars. The data is based on a married male driver, full physical damage coverage, and no discounts are factored in.
The data above shows that a 50-year-old driver could cut expenses by $278 a year by changing from a $100 deductible up to a $500 deductible, or save $418 by selecting a $1,000 deductible. Younger drivers, like the Age 20 category, can save up to $934 annually just by choosing higher deductibles. When insureds make the decision to increase the deductibles on their policy, it will be necessary to have plenty of discretionary funds to cover the extra out-of-pocket expense that is associated with using high deductibles.
Safe drivers Seattle pay cheaper rates
The easiest way to snag the best insurance rates in Washington for pre-owned vehicles is to drive cautiously and not have accidents or get tickets. The illustration below illustrates how traffic citations and at-fault collisions influence yearly insurance costs for each different age category. The information is based on a single male driver, full coverage, $1,000 deductibles, and no policy discounts are applied.
In the prior example, the average cost of auto insurance per year with no accidents and a clean driving record is $1,242. Get one speeding ticket and the average cost rises to $1,401, an increase of $160 each year. Then add in one accident along with the one speeding ticket and the yearly cost of insurance for used cars increases to an average of $1,839. That’s an increase of $597, or $50 per month, just for not being attentive to the road!
If you have questions and prefer to get some guidance when trying to find the best insurance rates for pre-owned vehicles, the agents listed below are willing to help you decide which policy fits your needs best. To locate an agency by location nearest to you, click the link after the list.
Secord Agency Insurance
265 NE 45th St – Seattle, WA 98105 – (206) 783-4024
Allstate Insurance: Barry V. Hasson
7721 Aurora Ave N – Seattle, WA 98103 – (206) 782-5191
Youkie Chambers – State Farm Insurance Agent
2505 3rd Ave #120 – Seattle, WA 98121 – (206) 441-5630
Johnson Insurance Agency
9200 Holman Rd NW – Seattle, WA 98117 – (206) 789-5940
State Farm – Catherine Budbill
929 N 130th St #5 – Seattle, WA 98133 – (206) 361-3770