Washington has more than 5,000,000 licensed drivers. A minimum amount of insurance is required for any resident who owns a vehicle in Washington state.
more than 21% of the over 5.7 million licensed drivers within Washington state are considered to be uninsured. Washington is home to the fifth highest number of uninsured drivers. The Evergreen State’s drivers still pay less for car insurance than the national average. Washington ‘s average cost for car insurance is $463 per annum for minimum coverage, and $1,176 for full coverage.
Bankrate has analysed the average annual premiums of the largest car insurance companies in Washington by market share. This information may help you to find affordable car insurance in Washington.
Washington’s cheapest car insurance
Washington is like many states. Car insurance is required in Washington. But, you don’t have to spend a lot on it just because it’s a requirement. You might be able to find the right coverage for you and your finances by comparing rates from different insurance companies and learning about what companies have low average rates.
These companies may be a good starting point if you’re looking for the cheapest automobile insurance in Washington.
USAA
USAA is the only insurance company that sells insurance to military personnel, active duty, and retired, as well as their eligible families. USAA is highly regarded for its customer service, claims processing, coverage options and pricing. It also consistently offers low average prices. You may be eligible for coverage and want to get a quote from USAA.
USAA claims that switching from another provider can save drivers an average of $725. You may be able lower your rate by taking advantage of several discounts such as garaging a vehicle at a military base or being smart enough to insure a new vehicle, and not having to file claims for at least five consecutive years.
Pemco
Pemco, a regional insurance provider, sells insurance in the Pacific Northwest. Pemco may be the right company for you if you’re looking for an insurance provider that caters to the needs of local drivers. Pemco has local agents that may be able help with your car insurance search.
The company offers many discounts that are geared towards Washington drivers. You might be eligible for discounts such as savings on your home and auto insurance, certain safety features, and being a good student. If you pay in full, or if a University of Washington alum, you may also get discounts.
Geico
Geico is a popular choice for drivers looking for basic, affordable coverage that doesn’t include any endorsements. The company offers standard auto insurance coverages such as liability, collision, and comprehensive, but there aren’t many customization options.
Although Geico has limited options for car insurance endorsements, the company offers a wide range of discounts that could be of interest to you if money is your main concern. Federal employees, military personnel, member/member groups, good students, and safe drivers all qualify for discounts.
Progressive
Another popular Washington insurance company is Progressive. It is well-known for offering a wide variety of coverage options, discounts, and online tools. Although Progressive’s full coverage premium average is the highest, it is still lower than Washington’s.
Progressive offers attractive discounts to help offset the high cost of car insurance. Progressive offers impressive discounts through its Snapshot safe driver program. This could allow you to get a personalised discount based upon your driving habits. Progressive allows you to use the Name Your Price Tool for coverage options that fit your price range.
State Farm
State Farm is the biggest car insurance company in America, accounting for more than 16%. State Farm may be the right fit for you with its low average rates, great coverage options, and many discounts. State Farm may be a good choice if you prefer to meet with an agent in person rather than dealing with your insurance needs online or over the phone. State Farm has agents located throughout Washington.
State Farm offers two discount programs for drivers: Drive Safe & Save to adults and Steer Clear to drivers under 25. You can also get discounts for being a good student or being away from school, having certain safety features, and being an accident-free driver.
Washington drivers must have minimum coverage
Washington law requires that drivers have minimum liability coverage in order to be able to drive legally. The following minimum coverage requirements are required for Washington drivers:
- $25,000 per person for bodily injury
- $50k bodily injury per accident
- $10,000 damage to property
Washington also requires that the following be offered. However, policyholders have the right to reject them in writing if they so choose.
- $25,000/$50,000 bodily injury to an underinsured motorist
- $10,000 property damage by an underinsured motorist
- $10,000 Basic Injury Protection
Minimum coverage drivers pay the lowest rates. Most insurance companies recommend you buy coverage above the minimum amount required if you have the financial ability. You are responsible for any damages or injuries that exceed the coverage limits of your policy.
Full coverage is required if your vehicle is under a loan or lease. These options offer coverage for vehicle damage from a variety scenarios.
Washington: How to Get Cheap Car Insurance
Washington drivers have many other options than choosing the cheapest car insurance company.
- Compare multiple quotes: Get quotes from several companies when researching providers. This will allow you to compare quotes and determine which provider offers the best rate for you.
- Find insurance companies that offer discounts. Signing up for automatic payments, or enrolling in paperless billing statements can help you save money.
- Select coverage wisely: While it can be tempting to add on coverages like OEM and accident forgiveness, these options come at a higher price. You should choose the coverages you value most if you plan to purchase endorsements.
- You can save money if you pay your premium in full
Talking to a licensed agent can help you determine the best coverages, discounts, or policy features for you.
Questions frequently asked
What is the best Washington car insurance?
There are many factors that determine the best Washington car insurance company. Every driver will have a different choice of best provider. Every driver has different needs and wants. Drivers who seek the lowest price might choose a company that does not offer a specific coverage. Getting quotes from multiple companies can help you to find the best insurance company for you.
What is the average cost for car insurance in the United States?
An average driver in the United States pays $1,674 annually for full coverage and $565 for minimal coverage. Washington’s average driver pays $1176 annually for full coverage, and $463 per year for minimum coverage.
How does an insurance company calculate its policy rates?
Car insurance rates can be personalized. When determining your rate, insurance companies consider factors such as your age, ZIP code and claims history. Your rating factors can affect how much you pay. Washington car insurance companies are prohibited from using your credit score to calculate your premium.