Edgewood, IA Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Edgewood, IA, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Cheapest Car Insurance in Edgewood, IA
The average cost of car insurance in Edgewood, IA, is $1,094. Edgewood, IA, is a great place to live if you're looking for cheap car insurance. The city has several insurance companies that offer competitive rates, so you can be sure to find a policy that fits your budget. It's important to shop around and compare rates from different companies. Use an online quote tool to get quotes from a number of insurers in just a few minutes, and then compare the rates to find the cheapest option. Be sure to consider the coverage levels and deductibles each policy offers to find the right balance of price and protection. The cost of auto insurance in Edgewood is influenced by several variables, including the driver's age, credit history, gender, marital status, bundling, and a host of others. By analysing this article, you can find the ideal auto insurance plan in Edgewood, Iowa, for your requirements and financial situation.
Auto Insurance Rates Based on the Age of the Driver
Younger drivers tend to pay more for their car insurance than older drivers. There are a few reasons for this. First, younger drivers are generally considered to be riskier than older drivers. This is because they are more likely to be involved in an accident. Second, younger drivers tend to have less experience behind the wheel. This can also lead to more accidents. For example, Teen drivers pay $3,550 for automobile insurance in Edgewood, Iowa, while those over the age of 40 pay $1,042.
Auto Insurance Rates Post-DUI
Car insurance rates in Edgewood, Iowa, are significantly higher for drivers with a DUI on their record. Your rates could increase by as much as 50%. If caught driving under alcohol, you will automatically lose your license for six months. Insurance companies view DUI offenders as high-risk drivers. You will likely have to pay much higher premiums for your coverage. In Edgewood, Iowa, the average cost of auto insurance is $1,094. The rate increases to $1,859 after a DUI. Stay away from drinking and driving to save money on Edgewood, Iowa, auto insurance. There are some ways to save on your car insurance after a DUI. One option is to shop around for a new policy. Many insurers offer discounts to drivers who have completed a DUI program. You may also be able to get a lower rate if you have a clean driving record.
Auto Insurance Rates Based on Credit History
Auto insurance companies use credit scores to determine rates because they are a good indicator of how likely a driver is to file a claim. Drivers with high scores are considered low-risk, and those with low scores are considered high-risk. For example, in Edgewood, Iowa, drivers with exceptional credit scores pay $939 for vehicle insurance, while those with poor credit must fork out $1784 for the same coverage.
There are a few things that drivers can do to help improve their credit scores and, in turn, their auto insurance rates:
1. Make sure to pay all of your bills on time.
2. Keep your credit card balances low.
3. Avoid opening new credit cards or taking out loans unless necessary.
If you have a good credit score, you should be able to get a great deal on auto insurance in Edgewood, IA. If your score is not as good as it could be, take some steps to improve it and shop around for a better rate.
Factors that can influence the cost of car insurance in Edgewood, IA are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Edgewood, IA Auto Insurance Rates
- Edgewood, IA Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Edgewood, IA
- Multi Vehicle Insurance Savings in Edgewood, IA
- How Credit Score Affects Car Insurance Rates in Edgewood, IA
- How DUI Affects Auto Insurance Premiums in Edgewood, IA
- How Driving Violations Affect Auto Insurance Rates in Edgewood, IA
- Edgewood, IA Auto Insurance Discounts on Anti Theft Feature
Edgewood, IA Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Edgewood, IA with that of other cities in and around Edgewood.
| Edgewood | Greeley | Dundee | Honey Creek | Elk | Lodomillo | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $1,094 | $1,262 | $1,056 | $1,033 | $1,126 | $999 |
Edgewood, IA Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Edgewood, IA based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Edgewood | $1,127 | $952 |
| Lodomillo | $1,391 | $1,175 |
| Honey Creek | $1,308 | $1,105 |
| Greeley | $2,068 | $1,747 |
| Elk | $1,305 | $1,102 |
| Strawberry Point | $1,229 | $1,038 |
| Dundee | $1,283 | $1,084 |
| Cox Creek | $1,659 | $1,402 |
Edgewood, IA Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Edgewood, IA usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $3,550 |
| 20 Years | $1,406 |
| 30 Years | $1,083 |
| 40 Years | $1,042 |
| 50 Years | $965 |
| 60 Years | $978 |
| 70 Years | $1,139 |
Edgewood, IA Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Edgewood, IA can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $1,925 | $263 |
| 3 Vehicles | $2,888 | $394 |
| 4 Vehicles | $3,851 | $525 |
Savings on 2 Vehicles bundle:$263
Savings on 3 Vehicles bundle:$394
Savings on 4 Vehicles bundle:$525
Edgewood, IA Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Edgewood, IA.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Edgewood | $1,094 | $1,859 |
| Lodomillo | $999 | $1,697 |
| Honey Creek | $1,033 | $1,755 |
| Greeley | $1,262 | $2,144 |
| Elk | $1,126 | $1,913 |
| Strawberry Point | $1,042 | $1,770 |
| Dundee | $1,056 | $1,794 |
| Cox Creek | $1,030 | $1,750 |
Edgewood, IA Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $939 |
| Excellent (740-799) | $1,071 |
| Good (670-739) | $1,140 |
| Average (580-669) | $1,487 |
| Poor (300-579) | $1,784 |
Edgewood, IA Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$48 | $1,142 |
| Driver's Failure In Showing Documents | +$106 | $1,200 |
| Driving With An Expired Registration | +$113 | $1,207 |
| Driving At A Considerably Slow Pace | +$237 | $1,331 |
| Using A Cellphone While Driving | +$251 | $1,345 |
| Running A Red Light | +$255 | $1,349 |
| Speeding | +$268 | $1,362 |
| Driving A Vehicle Without The Required Permission | +$340 | $1,434 |
| Driving With An Expired/Suspended License | +$737 | $1,831 |
Edgewood, IA Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $1,050 |
| Active Disabling Device | $1,050 |
| Tracking Device | $1,028 |
| Passive Disabling Device | $1,017 |