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Get Cheap Car Insurance in Waterford, MI
We monitor insurance prices, helping the average driver in Waterford save up to 41.9% on car insurance.
The Cheapest Minimum Coverage in Waterford
The chart below shows the cheapest car insurance company in Waterford 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 Auto-Owners Insurance, followed by Progressive, State Farm, and Safeco Insurance.
| Waterford Insurer | Monthly Cost |
|---|---|
| Auto-Owners Insurance | $115 |
| Progressive | $131 |
| State Farm | $132 |
| Safeco Insurance | $139 |
Savings for Every Kind of Waterford Driver
Based on our extensive insurance data, we know the average Waterford driver will save about 40% 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 $1,243 per year by choosing the right vehicle insurance company. Some Waterford residents are paying out over $3,093 extra every year for auto insurance in Waterford. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Waterford, MI Savings / Yr. |
|---|---|
$1,243 |
|
$2,029 |
|
$1,795 |
|
$2,729 |
|
$3,220 |
|
$0 |
|
$0 |
Waterford Car Insurance vs. Michigan
People living in Waterford pay an average of 6.68% more than the typical driver in the state. The average driver in Waterford can expect to pay about $2,349 per year, or $3,093 for full coverage.
Based on our analysis, Safeco Insurance will be the cheapest provider in Waterford for most people.
Car Insurance Prices by Waterford Neighborhood
Insurance Prices
Where is insurance cheapest within Waterford?
The map shows insurance prices in and around Waterford, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $429 per year within the city boundaries, with insurance premiums ranging from a high of $3,322 to a low of $2,893. Insurance prices tend to be higher for those living in the Southeast area, and lower for those with homes in the Southwest parts of Waterford.Pick the Best Car Insurance Company for You in Waterford
The best car insurance provider for most drivers in Waterford
For drivers with clean driving records and no major strikes, Safeco Insurance is the best option, with annual savings of $1,243 over the average Waterford car insurance company.
The best car insurance provider for Waterford drivers with accidents on their records
In our analysis, Auto-Owners Insurance saved the average person who had been in an accident the most, with annual savings averaging $2,029 over the competition.
The best car insurance company for Waterford drivers with speeding tickets
>Auto-Owners Insurance gave the average person with a speeding ticket the most savings, averaging $1,795 better than other car insurance companies.
The best auto insurance for Waterford drivers with a DUI conviction
Getting a quote from Progressive may cost the average person with a DUI about $2,729 less each year.
The least expensive car insurance company for new and young drivers in Waterford
In Waterford, Geico costs young drivers $3,220 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Waterford
The cheapest car insurance in Waterford for drivers with bad credit
The best Waterford car insurance company for customer service
Recent price drops
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The cheapest large national provider in Waterford
For customers who prefer to work with large national providers, we recommend Geico for pricing. The average Waterford driver can expect to pay about $163 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 Waterford, USAA has the best prices for drivers with bad credit, drivers with speeding tickets, good drivers, young drivers, drivers with accidents, and drivers with a DUI conviction.Auto Insurance Prices in and Around Waterford
What Influences the Cost of Car Insurance in Waterford?
On average, car insurance in Waterford 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 city are influenced by the following factors:
- The average commute time in Waterford is 34 minutes, which is a little more than average for a driver in the state.
- Michigan state insurance regulations may require higher prices.
- An average of 0 weeks with snow on the ground, which impacts accident rates.
- Vehicle theft rates in the area are very high, with a Vehicle Theft Crime Grade of C- according to CrimeGrade.org.
- Waterford is a lightly populated area 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 Waterford is $196 per month for minimum coverage and $258 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
- Lake Angelus: Insurance costs 1.52% less
- Sylvan Lake: Insurance costs 1.49% more
- Keego Harbor: Insurance costs 0.26% less
- Pontiac: Insurance costs 12.58% more
- Orchard Lake Village: Insurance costs 7.60% more
- Village of Clarkston: Insurance costs 4.24% less
- White Lake: Insurance costs 2.52% less
- Clarkston: Insurance costs 3.85% less
- West Bloomfield: Insurance costs 3.59% more
- Commerce Township: Insurance costs 2.59% less
Cities with Similar Populations
- Great Falls: Insurance costs 48.21% less
- Puyallup: Insurance costs 49.53% less
- Kingsport: Insurance costs 56.81% less
- Huntington: Insurance costs 51.60% less
- Huntersville: Insurance costs 58.65% less
- Fayetteville: Insurance costs 38.47% less
- Ewa Beach: Insurance costs 52.63% less
- Eastvale: Insurance costs 29.55% less
- East Orange: Insurance costs 19.46% less
- Dundalk: Insurance costs 35.11% less