Folsom, CA Car Insurance

Are rates in Folsom higher or lower than those in neighboring areas? How do they compare to the rest of California? What rates should residents of Folsom expect to pay for their car insurance? See what factors contribute to determining the average cost in our detailed charts and breakdowns below:

---

---

How much is car insurance in Folsom?

Based on the chart above, it costs about the same to insure your vehicle in Folsom as it does in the rest of California.

Compared to the national average cost of auto insurance coverage, Folsom has lower rates. Auto insurance coverage in Folsom is about $26 cheaper than it is for the rest of the U.S.

While these are the average monthly costs for auto insurance coverage in Folsom, you could end up paying something different. There are a variety of factors that insurance companies consider when determining how much to charge you for insurance. Your monthly premium is calculated off of your age, gender, vehicle make and model, driving record, and even your credit score depending on the circumstances.

We've analyzed the average rate for Folsom and broken down the different factors to help you understand what your policy's monthly premium will be. And if you're not sure if you're getting the cheapest rate, simply enter your ZIP below and find out in just minutes!

---

---

Average Car Insurance Rates by Age

It's pretty safe to assume that the older you are, the longer you've been driving, right? When it comes to car insurance premiums, that experience can really pay off. According to the table above, you can see that 18-24-year-olds pay $28 more than drivers 65 and older.

For every ten years older you get, you can expect to see a drop in your monthly premium. That said, once you hit retirement, your rates may rise again in Folsom.

Average Car Insurance Rates by Gender

In general, car insurance rates for women are usually cheaper than they are for men. Male and female drivers in Folsom, however, both pay around $55 a month to insure their vehicle.

Average Auto Insurance Rates by Driving Record

Rates can vary wildly depending on your driving record. Those with clean records will obviously pay a lot less than those with infractions. In Folsom, a driving record with one accident will usually get you a rate around $69 a month. Likewise, drivers with one ticket will be looking at a rate of around $61 a month on average.

Regardless of where you live, accidents, tickets, and other driving infractions can drive your monthly bill way up. That's why it's important to drive safely and keep your record clean so you can keep your rates as low as possible.

Average Insurance Rates by Vehicle

The most affordable vehicles to insure in Folsom are usually SUVs, which run about $52 per month.

Car owners will see rates of about $55, while truck and van owners by and large pay around $53 per month.

You may also see different rates based on the age of your vehicle. Generally, newer vehicles are going to cost the most to insure. However, once your car is about 5 years old, you might start to see your rates slide back down slightly. In Folsom, vehicles less than one year old are the most expensive to insure.

Average Car Insurance Rates by Relationship Status

Generally, those who have settled down into marriage will pay slightly less for auto insurance coverage. This occurs because insurance companies commonly extend special discounts to policyholders with multiple vehicles that are on the same policy.

Married couples, on average, pay less than single drivers do to insure their vehicles. This holds true in Folsom, with married couples paying about $10 less per month.

Average Car Insurance Rates by Housing Situation

Your housing status is another component of how insurance companies calculate your monthly rate. Renters can expect to pay around $3 a month more than homeowners in Folsom. But if you live with your parents, your rates will be significantly higher.

That being said, many companies will offer you a discount if you bundle your homeowners or rental insurance policy with your auto insurance.

Car Insurance Companies in Folsom, CA

Recent trends in car insurance for Folsom drivers

Car insurance rates are frequently changing, so it's in your best interest to understand which way your area is trending before choosing when and where to shop.

In Folsom, the rates for car insurance had been decreasing from 2017-2018, but began to increase in 2021. This trend has continued through 2022 when rates have most recently reached $60 a month.

How does Folsom compare to neighboring areas?

Why are car insurance rates in Folsom different from other areas?

Car insurance companies take in several factors when deciding how much individual insurance policies will cost. The specifics of your home address will have an impact on your personal policy. This might include things like:

• Total number of drivers in the region
• Road Safety (frequency of local car accidents)
• Off-street parking availability
• Regional regulations
• Prevalence of crime

You can't change these factors yourself, but they're something to take into consideration when shopping for a new policy or looking to move into an area. Different cities and towns will each have different rates, so guides like these are a handy way to learn more.

How can I find the cheapest car insurance in Folsom?

Familiarizing yourself with patterns in the average costs of drivers like you will give you a leg up in conversations with insurance companies. Ultimately, the only way to know exactly what your rate will be is by requesting a quote from those car insurance companies.

Good news! Compare.com will handle the heavy lifting for you. Just enter your ZIP Code below, respond to a few questions, and you'll be comparing the cheapest quotes from a bulk of the car insurance companies that offer auto coverage in Folsom.

---

---

Folsom Insurance FAQs

What factors affect car insurance quotes in Folsom?

Auto insurance companies take a wide array of factors into consideration when calculating your monthly payment. These include things like your vehicle's year, make and model, your age and gender, as well as your address, credit score, driving record, and marital status.

Why is the cost of car insurance in Folsom different from other neighboring cities?

Crime rates, parking situations, and local laws -- all of which can change from city to city -- play a large role in the rates that car insurance companies may charge for coverage.

Which car insurance company will offer me the cheapest rate in Folsom?

There isn't one company that can guarantee the cheapest rate to everybody, since the rates they charge for coverage are calculated based off of factors that can vary from person to person, such as vehicle make and model, driving record, and number of drivers on the policy. By using sites like Compare.com to compare multiple quotes simultaneously, you can rest assured that you're getting the best price available.

Do I need to change my insurance if I move to Folsom?

Whenever you relocate or experience another major life event, such as getting married or finding a new job, you should consider re-evaluating your current insurance policy. By using services like Compare.com to compare quotes from multiple companies at once, you can be sure to capture any new savings brought about by your new situation.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No, you can switch companies at any point, no matter how much time is left on your current policy. If you're thinking about moving to Folsom or are wondering if you're paying the best rate for your current area, take 10 minutes and visit Compare.com to find out for sure.