One year car insurance premium paid to one of the most expensive companies can be equal to 3 year worth of coverage with one of the lowest priced ones. That is why you should get a few quotes to ensure you don’t end up with one that doesn’t even want you and pay truckload of money. Underwriters try to discourage particular type of applicants by applying excessive surcharges. You should get the hint and look for keener ones. This post will try to equip you with enough information to find the policy you need at a reasonable price in the Evergreen State.
Cost of Automobile Insurance in Washington
As mentioned above, you can spend three times more than what it should normally cost if you are not careful. Also, the rates vary depending on applicants’ driving record, claim history, credit score, age, gender, zip code and even education. You can see that half of those factors affecting premiums have nothing to do with motoring. That is why a not so good driver can get much cheaper auto insurance quotes in WA in comparison with a good one. You should always keep this in mind and don’t give up on your quest to find the best deals.
Being aware of policy expenditure figures give a pretty good idea as to how much you should spend. The average cost of car insurance in Washington is $838, which is pretty close to the US average. This is the figure that is reached by dividing total premiums collected to total number of cars. So, it is the average of all purchases including basic liability, full policy and anything in between.
If you want to buy full coverage vehicle insurance you need to look at the average of $1168, which is around $250 cheaper than the US average. When you look at the median expenditure and full coverage you can see that the difference is just $330. If you can spend $838 dollar for a typical policy you might as well cough up another $300 and get a decent protection. Seeing the narrow gap, it is fair to assume that most people in WA buys full coverage anyway to keep the average expenditure pretty close to it. Generally, motorists in well off states choose better protection due to owning expensive cars.
Uninsured Drivers in Washington are 16% and a little over the national figure of 14%. You should consider buying Uninsured Drivers coverage to protect yourself just in case one of them hits your car or you fall victim of hit and run accidents. Intoxicated drivers cause more deaths here than in many other states. Despite the influence of these negative factors automobile insurance rates appear to be reasonable. When there are too many of them and other accidents in a zip code it affects the premiums for everyone.
Washington State Liability Requirements
The basic limits imposed in this jurisdiction are;
- $25,000 for bodily injury or death per person.
- $50,000 total for bodily injury or death per accident.
- $10,000 for property damage.
Here is the official website to check updates on these figures, licenses and vehicle registrations. You can also check the penalties and other charges for driving without a policy. Usually each jurisdiction has highly useful site for consumers.
And independent broker can be instrumental in helping you find better-priced policies in Washington. Remember minimum requirements don’t mean that it is enough to buy just that. Many people increase limits a lot more than basic required. At least, you should consider Collision and Comprehensive Coverage to make sure your automobile is protected, especially if it is fairly new and worth some money. As mentioned above you should consider UMC as well.
You will appreciate the benefits of arranging a decent policy when you have a claim. When you take care of most losses you can suffer you will be a lot more comfortable with driving and leaving the car on the street at night. Not having any issues for years can make motorists too comfortable with their coverage. However, having one big claim will be enough to put you in a serious financial trouble. You should try to avoid them by sparing a few minutes at the start.
Of course costs are important part of a decision. Most people have limited budget for household expenses. Therefore, it is essential to save money wherever you can in order to make it go a bit further. So, it is important to try a bit harder to get what you want at affordable prices. This is possible by shopping around and finding the one company that offer the optimum balance between coverage and premium. You can take comfort from the fact that there are plenty alternatives in the market in any given zip code.
Cheapest Auto Insurance Companies in Washington
Usually you can get the lowest quotes from the below names throughout cities of WA including Seattle, Spokane, Tacoma and Vancouver. Normally, rates are a bit more expensive in cities, as expected.
- Amica, $347
- Grange Mutual, $360
- State Farm, $389
Naturally, you are expected to check with these companies first but you should get a few more quotes. Rates are regularly altered that can change the price dynamic pretty quickly. And there is no guarantee that the most competitive ones will offer you their best rates. Each has a preference as to who deserve to get the highest discounts. You may just not make the cut for one and have a better change with another.
You may be nervous to move away from a carrier you have been with for some time. However you should remember that at least 30 – 40 of them are highly reputable and well establish. You can pick any one of them and you are probably likely to be as happy as the current one. When you stay with the same company for some time you have a much better chance of saving money by switching. At least you can call and ask them if they could move you to a better package. Car insurers will not switch existing policyholders to better rates unless they are asked. These tips on how to get discounts can help you make better decisions.