Determining which company has the best car insurance rates for uninsured drivers may require a tad more effort in order to find a policy that fits your budget. Each auto insurance company has a unique approach to establish rates, so let’s take a look at the lowest cost car insurance companies in Seattle.
It’s important that you understand Seattle car insurance rates are based on many factors that may substantially change the policy price. Simply improving your credit, buying a different vehicle, or getting a ticket for careless driving can cause premium changes resulting in some companies being cheaper than competitors.
Cheapest Insurance Rates in Washington
Capital offers some of the cheapest car insurance rates in Seattle at around $784 a year. Grange, Nationwide, Travelers, and PEMCO also are some of the most economical Seattle, WA insurance companies.
As illustrated above, if you are insured with Travelers and switched to Grange, you might achieve an annual premium reduction of approximately $176. Drivers with PEMCO may save as much as $182 a year, and Mutual Enumclaw insureds might cut rates by $232 a year.
To compare your rates to other Washington insurance companies, click here to get a free quote or visit any of the companies below.
Bear in mind that those policy rates are averages across all ages of drivers and types of vehicles and do not take into consideration an exact location for uninsured drivers. So the insurer that fits your situation best may not even be in the top 25 companies in the list above. That’s why you need to compare rates from as many companies as possible using your own personalized driver profile and vehicle information.
One of the more important things that aid in calculating the amount you pay each year for auto insurance is where you live. Regions with larger populations or more claims are more likely to have higher rates, whereas areas with less congestion benefit from lower rates.
The table below lists the highest-priced places in Washington for uninsured drivers in which to purchase auto insurance. Seattle is ranked at #5 having an annual price of $1,391 for the average policyholder, which is about $116 each month.
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Prices are approximated as vehicle location can impact premiums noticeably.
Discount Seattle car insurance
Insurance providers that offer coverage for uninsured drivers could also offer rate discounts that may potentially lower prices by 40% or more if you are eligible. A few of the larger companies and the discounts they provide are outlined below.
- GEICO may include discounts for seat belt use, defensive driver, air bags, five-year accident-free, and driver training.
- SAFECO offers discounts for anti-lock brakes, accident prevention training, teen safe driver, safe driver, drive less, and anti-theft.
- State Farm has savings for good driver, multiple policy, anti-theft, Steer Clear safe driver discount, and driver’s education.
- MetLife includes discounts for good student, multi-policy, good driver, defensive driver, accident-free, claim-free
- 21st Century has discounts for good student, defensive driver, anti-lock brakes, automatic seat belts, air bags, and driver training.
- Progressive offers premium reductions for homeowner, online quote discount, online signing, continuous coverage, multi-policy, and multi-vehicle.
The chart below shows the comparison of insurance premiums with and without some available policy discounts. The data assumes a male driver, no accidents, no driving violations, Washington state minimum liability limits, comprehensive and collision coverage, and $500 deductibles.
The first bar for each age group shows the price with no discounts. The lower bar shows the rates with claim-free, vehicle safety, multiple policy, multiple vehicle, defensive driving course, and homeowner discounts applied. When these discounts are applied, theaverage yearly reduction on car insurance for uninsured drivers is 28% or $420.
The example below shows how choosing a deductible can impact insurance premiums when quoting cheap insurance for uninsured drivers. The premiums are based on a married male driver, comp and collision included, and no policy discounts are applied.
A 30-year-old driver could save $306 a year by switching from a $100 deductible up to a $500 deductible, or save $462 by using a $1,000 deductible. Even younger insureds, such as the 20-year-old example, could reduce their rates $934 or more by choosing a larger deductible amount. When increasing deductibles, it will be necessary to have plenty of money set aside to enable you to cover the extra out-of-pocket expense associated with higher deductibles.
You are probably paying too much for car insurance
Washington car insurance rates are impacted by many factors which can substantially decrease or increase the price you have to pay for coverage. Getting older, buying another vehicle, or getting a reckless driving citation may prompt premium changes that may make certain companies cheaper than competitors.
Not only may your situation change, but insurance companies file new rates every year or even multiple times each year in order to offset underwriting gains or losses. Higher than normal claims can cause rate increases, while profitable underwriting can cause cheaper Seattle car insurance rates.
For instance, the bar chart below shows a variety of companies that have the cheapest car insurance in Seattle, WA for a 35-year-old male driver with no accidents, a clean driving record, and solid credit. When quoting prices based on his personal risk profile, Capital may offer the most affordable car insurance rates in Seattle at $1,062 annually. This is $350 less than the average rate paid by Washington drivers of $1,412. Grange, Nationwide, PEMCO, and Travelers round out the rest of the cheapest Seattle, WA auto insurance companies.
Now we will pretend the driver from the first example some claims, less-than-perfect credit, and a stop sign violation. Due to the fact that every insurance company has a unique approach to set their prices, comparing prices most likely will result in a significantly different list of the cheapest Seattle car insurance companies as shown below.
The Hartford now has the cheapest insurance rate in Seattle with Mutual Enumclaw, California Casualty, Allied, and Chubb also having competitive pricing. This example proves why it is important to compare rates to get the most affordable car insurance quotes for uninsured drivers.
Rates can be determined by many factors and change substantially, so the most affordable company six months ago may now be one of the higher cost companies.