Coverage Watch does not have a financial relationship with any car insurance companies and quote providers. Everything displayed on the site is completely free from bias and based on legitimate data.
Get Cheap Car Insurance in Bank Square, Waltham, MA
We monitor insurance prices, helping the average driver in Bank Square save up to 35.5% on car insurance.
The Cheapest Minimum Coverage in Bank Square
The chart below shows the cheapest car insurance company in Bank Square for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through Safety Insurance, followed by Geico, Midvale Home & Auto, and Travelers.
| Bank Square Insurer | Monthly Cost |
|---|---|
| Safety Insurance | $45 |
| Geico | $49 |
| Midvale Home & Auto | $57 |
| Travelers | $72 |
Savings for Every Kind of Bank Square Driver
Based on our extensive insurance data, we know the average Bank Square driver will save about 34% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, and age. The average driver will find themselves saving $616 per year by choosing the right vehicle insurance company. Some Bank Square residents are paying out over $1,801 extra every year for auto insurance in Bank Square. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Bank Square, Waltham, MA Savings / Yr. |
|---|---|
$616 |
|
$916 |
|
$762 |
|
$1,011 |
|
$2,230 |
|
$0 |
|
$0 |
Bank Square Car Insurance vs. Waltham
People living in Bank Square pay an average of 15.95% more than the typical driver in the state. The average driver in Bank Square can expect to pay about $773 per year, or $1,801 for full coverage.
Based on our analysis, State Farm will be the cheapest provider in Bank Square for most people.
Car Insurance Prices by Bank Square Neighborhood
Insurance Prices
Where is insurance cheapest within Bank Square?
The map shows insurance prices in and around Bank Square, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $399 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $1,945 to a low of $1,546. Insurance prices tend to be higher for those living in the South area, and lower for those with homes in the North parts of Bank Square.Pick the Best Car Insurance Company for You in Bank Square
The best car insurance provider for most drivers in Bank Square
For drivers with clean driving records and no major strikes, State Farm is the best option, with annual savings of $616 over the average Bank Square car insurance company.
The best car insurance provider for Bank Square drivers with accidents on their records
In our analysis, State Farm saved the average person who had been in an accident the most, with annual savings averaging $916 over the competition.
The best car insurance company for Bank Square drivers with speeding tickets
>State Farm gave the average person with a speeding ticket the most savings, averaging $762 better than other car insurance companies.
The best auto insurance for Bank Square drivers with a DUI conviction
Getting a quote from State Farm may cost the average person with a DUI about $1,011 less each year.
The least expensive car insurance company for new and young drivers in Bank Square
In Bank Square, State Farm costs young drivers $2,230 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Bank Square
The cheapest car insurance in Bank Square for drivers with bad credit
The best Bank Square car insurance company for customer service
Nationwide was the best company for customer service in Bank Square according to the NAIC.
Recent price drops
In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Bank Square, which was better than other insurers.
The cheapest large national provider in Bank Square
For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Bank Square driver can expect to pay about $85 per month.
What About USAA?
JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Bank Square, USAA has the best prices for drivers with speeding tickets, drivers with a DUI conviction, good drivers, young drivers, and drivers with accidents.Auto Insurance Prices in and Around Bank Square
What Influences the Cost of Car Insurance in Bank Square?
On average, car insurance in Bank Square is more expensive than the rest of the state. These high prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the neighborhood are influenced by the following factors:
- The average commute time in Bank Square is 36 minutes, which is a little more than average for a driver in the city.
- Massachusetts state insurance regulations may allow for lower prices.
- An average of 0 weeks with snow on the ground, which impacts accident rates.
- Vehicle theft rates in the area are moderate, with a Vehicle Theft Crime Grade of A according to CrimeGrade.org.
- Bank Square is a lightly populated area in the state. The neighborhood’s density could result in a price decrease for drivers.
As a result of these and other factors, the average cost of car insurance in Bank Square is $64 per month for minimum coverage and $150 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.
Car Insurance in Nearby Neighborhoods
- Waltham Highlands: Insurance costs 7.33% less
- South Side: Insurance costs 0.78% more
- Bleachery: Insurance costs 0.83% more
- Piety Corner: Insurance costs 6.94% less
- The Lanes: Insurance costs 9.72% less
- West Newton: Insurance costs 10.22% less
- Warrendale: Insurance costs 7.00% less
- Lasell Village: Insurance costs 9.55% less
- Lakeview: Insurance costs 6.27% less
- North Waltham: Insurance costs 10.44% less
Neighborhoods with Similar Populations
- Ardmore: Insurance costs 31.20% less
- Whitehouse: Insurance costs 46.31% more
- Atlantic City Inlet: Insurance costs 17.82% more
- Burlingame Gate: Insurance costs 15.38% more
- Valencia: Insurance costs 6.89% more
- Rancho El Dorado: Insurance costs 5.05% more
- Belmont-Charlottesville: Insurance costs 33.15% less
- Eldorado Heights: Insurance costs 1.72% less
- Cripple Creek: Insurance costs 23.26% less
- Eastwood Hills: Insurance costs 16.10% more