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Get Cheap Car Insurance in Madrid, VA
We monitor insurance prices, helping the average driver in Madrid save up to 38.8% on car insurance.
The Cheapest Minimum Coverage in Madrid
The chart below shows the cheapest car insurance company in Madrid 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 Metromile, followed by Geico, Farm Bureau, and Safeco Insurance.
| Madrid Insurer | Monthly Cost |
|---|---|
| Metromile | $42 |
| Geico | $47 |
| Farm Bureau | $50 |
| Safeco Insurance | $53 |
Savings for Every Kind of Madrid Driver
Based on our extensive insurance data, we know the average Madrid driver will save about 38% 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, credit score, marital status, and age. The average driver will find themselves saving $438 per year by choosing the right vehicle insurance company. Some Madrid residents are paying out over $1,162 extra every year for auto insurance in Madrid. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Madrid, VA Savings / Yr. |
|---|---|
$438 |
|
$748 |
|
$640 |
|
$625 |
|
$1,023 |
|
$234 |
|
$422 |
Madrid Car Insurance vs. Virginia
People living in Madrid pay an average of 4.40% less than the typical driver in the state. The average driver in Madrid can expect to pay about $804 per year, or $1,162 for full coverage.
Based on our analysis, Metromile will be the cheapest provider in Madrid for most people.
Car Insurance Prices by Madrid Neighborhood
Insurance Prices
Where is insurance cheapest within Madrid?
The map shows insurance prices in and around Madrid, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $0 per year within the city boundaries, with insurance premiums ranging from a high of $1,162 to a low of $1,162. Insurance prices tend to be higher for those living in the Central area, and lower for those with homes in the Central parts of Madrid.Pick the Best Car Insurance Company for You in Madrid
The best car insurance provider for most drivers in Madrid
For drivers with clean driving records and no major strikes, Metromile is the best option, with annual savings of $438 over the average Madrid car insurance company.
The best car insurance provider for Madrid drivers with accidents on their records
In our analysis, Metromile saved the average person who had been in an accident the most, with annual savings averaging $748 over the competition.
The best car insurance company for Madrid drivers with speeding tickets
>Metromile gave the average person with a speeding ticket the most savings, averaging $640 better than other car insurance companies.
The best auto insurance for Madrid drivers with a DUI conviction
Getting a quote from Farm Bureau may cost the average person with a DUI about $625 less each year.
The least expensive car insurance company for new and young drivers in Madrid
In Madrid, Erie Insurance costs young drivers $1,023 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Madrid
Farm Bureau gave the largest car insurance discounts to married couples, averaging $234 saved each year compared to an average Madrid couple's premiums.
The cheapest car insurance in Madrid for drivers with bad credit
The best Madrid car insurance company for customer service
Recent price drops
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The cheapest large national provider in Madrid
For customers who prefer to work with large national providers, we recommend Geico for pricing. The average Madrid driver can expect to pay about $89 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 Madrid, USAA has the best prices for young drivers, drivers with accidents, drivers with bad credit, married couples, drivers with speeding tickets, drivers with a DUI conviction, and good drivers.Auto Insurance Prices in and Around Madrid
What Influences the Cost of Car Insurance in Madrid?
On average, car insurance in Madrid is actually less expensive than the rest of the state. These low 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 city are influenced by the following factors:
- The average commute time in Madrid is 29 minutes, which is far less than average for a driver in the state.
- Virginia state insurance regulations may allow for lower prices.
- An average of 0 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in Madrid are among the lowest in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are very low, with a Vehicle Theft Crime Grade of B- according to CrimeGrade.org.
- Madrid is one of the least populated areas in the state. The city’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 Madrid is $67 per month for minimum coverage and $97 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 Cities
- Crimora: Insurance costs 0.34% more
- New Hope: Insurance costs 1.55% less
- Waynesboro: Insurance costs 1.20% more
- Piedmont: Insurance costs 1.46% less
- Fort Defiance: Insurance costs 1.72% less
- Fishersville: Insurance costs the same
- Greenwood: Insurance costs 0.60% more
- Knightly: Insurance costs 2.32% less
- Grottoes: Insurance costs 1.89% less
- Verona: Insurance costs 0.34% less
Cities with Similar Populations
- Hillside: Insurance costs 82.53% more
- Spirit: Insurance costs 14.89% more
- Spinks Corners: Insurance costs 128.74% more
- Spencer: Insurance costs 3.27% less
- Spaulding: Insurance costs 0.09% more
- Sparks: Insurance costs 32.96% more
- Spadra: Insurance costs 41.31% more
- Southside: Insurance costs 44.15% more
- Southport: Insurance costs 21.60% more
- South Shore: Insurance costs 53.61% more