For college grads, one of the big factors that insurance companies use when figuring a rate quote is your address in Washington. Cities with larger populations like Tacoma, Kent, and Auburn are more likely to have higher rates, whereas areas with fewer weather claims and lower vehicle theft rates benefit from lower coverage costs.
The next table illustrates the priciest cities in Washington for college graduates in which to purchase auto insurance.
Rank | City | Premium Per Year |
---|---|---|
1 | Tacoma | $1,427 |
2 | Lakewood | $1,420 |
3 | Kent | $1,391 |
4 | Federal Way | $1,379 |
5 | Auburn | $1,366 |
6 | Seattle | $1,363 |
7 | Renton | $1,361 |
8 | Shoreline | $1,326 |
9 | South Hill | $1,300 |
10 | Marysville | $1,258 |
11 | Kirkland | $1,243 |
12 | Everett | $1,238 |
13 | Sammamish | $1,220 |
14 | Bellevue | $1,219 |
15 | Redmond | $1,214 |
16 | Vancouver | $1,157 |
17 | Lacey | $1,111 |
18 | Spokane Valley | $1,087 |
19 | Olympia | $1,072 |
20 | Spokane | $1,060 |
21 | Yakima | $1,057 |
22 | Kennewick | $1,031 |
23 | Pasco | $1,018 |
24 | Richland | $993 |
25 | Bellingham | $977 |
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Rates are approximated as the specific Washington residence address can decrease or increase coverage rates noticeably.
Finding good, budget insurance is confusing at best, and determining which company has the cheapest car insurance rates for college graduates will take a bit more work. Each auto insurer has a proprietary formula for determining prices, so let’s take a look at the car insurance companies that tend to be cheaper in Washington.
Best Car Insurance Prices for Grads
Rank | Company | Cost Per Year |
---|---|---|
1 | Capital | $761 |
2 | Grange | $813 |
3 | Nationwide | $961 |
4 | PEMCO | $1,004 |
5 | Travelers | $1,038 |
6 | The Hartford | $1,048 |
7 | Mutual Enumclaw | $1,054 |
8 | USAA | $1,082 |
9 | California Casualty | $1,116 |
10 | Chubb | $1,116 |
11 | Allied | $1,142 |
12 | State Farm | $1,165 |
13 | Safeco | $1,180 |
14 | Amica | $1,206 |
15 | American Family | $1,208 |
16 | Liberty Mutual | $1,309 |
17 | Farmers | $1,329 |
18 | Progressive | $1,510 |
19 | National General | $1,525 |
20 | MetLife | $1,647 |
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Capital quotes some of the cheapest car insurance rates in Washington at around $761 per year. Grange, Nationwide, PEMCO, and Travelers would also make the list of some of the best Washington auto insurance companies.
As shown above, if you currently buy coverage from Grange and switched to Capital, you could realize yearly savings of upwards of $52. Drivers with Nationwide could save as much as $200 a year, and PEMCO customers might see rate reductions of $243 a year.
Remember that these premium estimates are averages across all types of drivers and the different vehicles they drive and do not take into consideration a price decrease for college graduates. So the insurer that fits your needs best may not even be included in the list above. That point stresses why you need to get rate quotes using your own driver data and vehicle information.
The type of vehicle needing coverage is one of the largest factors when comparison shopping for cheap car insurance for college graduates in Washington. Vehicles with more horsepower, a lack of advanced safety features, or an increased likelihood of liability claims will cost more to insure than safer, lower-performance models.
The data below presents auto insurance prices for the most economical automobiles to buy coverage for.
Make and Model | Estimated Cost for Full Coverage |
---|---|
Ford Escape XLS 4WD | $603 |
Jeep Wrangler Sport 4WD 2-Dr | $628 |
Ford F-150 XL Regular Cab 2WD | $636 |
Toyota Tacoma 4WD | $679 |
Honda Odyssey EX | $702 |
Honda CR-V EX-L 4WD | $709 |
Hyundai Santa Fe SE 2WD | $716 |
Subaru Outback 3.6R | $729 |
Toyota Camry SE | $753 |
Chevrolet Traverse LTZ AWD | $766 |
Toyota Prius | $773 |
Ford Fusion SE 4-Dr Sedan | $766 |
GMC Sierra SLE Regular Cab 2WD | $818 |
Toyota RAV4 4WD | $823 |
Hyundai Tucson Limited 2WD | $818 |
Chevrolet Equinox LS AWD | $823 |
Subaru Forester X Premium AWD | $822 |
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Prices based on 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, claim-free, multi-vehicle, and safe-driver. Estimates do not factor in specific location which can lower or raise coverage rates noticeably.
Looking at the rates, you can expect cars like the Ford Escape, Jeep Wrangler, Ford F-150, Toyota Tacoma, and Honda Odyssey are going to be a few of the most budget-friendly vehicles to insure for college grads.
<img class="shadow floatright" src="http://www.quoteclickinsure.com/blog/wp-content/uploads/car-insurance-college-graduates-wa.jpg" alt="Cheaper Washington car insurance for college grads”/>Car insurance companies that sell cheap car insurance for college graduates in Washington may also provide policy discounts that may potentially lower prices by as much as 25% or more if you qualify. The best car insurance companies and some of the discounts are detailed below.
The chart below shows the comparison of auto insurance costs with and without discounts applied to the policy rates. The rate quotes are based on a female driver, no claims, a clean driving record, Washington state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with homeowner, anti-theft, marriage, defensive driving course, safe-driver, and passive restraint discounts applied. When discounts are applied, the the amount saved on car insurance for college graduates is 28% or $604.
google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Female Driver No Discounts’, ‘Female Driver with Discounts’],[‘Age 20’, 3219,2317],[‘Age 30’, 2227,1617],[‘Age 40’, 2067,1499],[‘Age 50’, 1807,1311],[‘Age 60’, 1747,1267],[‘Age 70’, 2037,1469]]);var options = {title: ‘Insurance Premium Comparison for College Graduates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#c096ca’, ‘#e1b7ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Washington’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}
Buying coverage from a highly-rated auto insurance provider is difficult considering how many companies provide coverage in Washington. The information shown below could help you pick which auto insurers you want to consider shopping your coverage with.
These ratings only include insurance companies that insure vehicles in the majority of U.S. states, so companies that focus mainly on Washington business are not factored into this list. To check prices and find cheaper insurance for college graduates, click this link.
Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
---|---|---|---|---|---|---|
USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
American Family | 98 | 89 | 100 | 86% | A | 95.4 |
State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
The General | 89 | 91 | 89 | 88% | A- | 90 |
Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
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Data Source: Insure.com Best Car Insurance Companies
Here are some of the better thrifty ideas that can help drivers find cheap coverage.
That final tip is very necessary, as was emphasized in the article above. Auto insurance rates in Washington can change significantly in a year, so drivers shouldn’t hesitate to switch companies if a cheaper rate is available. Staying with the same car insurance company is fine, but we do not recommend it if it’s costing you thousands of dollars over several years. In just a couple of minutes you could compare prices and find cheaper car insurance for college graduates.