In Vancouver, the average annual car insurance cost is $1,142, which is $122 lower than the state average. MoneyGeek compared and ranked different Vancouver insurers based on the coverage level and driver profile and found that PEMCO is the cheapest widely available insurer. MoneyGeek can help you find the best insurers in Vancouver if you’re looking for a balance of affordability and top-notch service.
Compare the Cheapest Car Insurance Quotes in Vancouver, WA
The Cheapest and Best Car Insurance in Vancouver
The Cheapest Car Insurance Companies in Vancouver
For a full coverage car insurance policy in Vancouver, the following two insurance companies are the cheapest:
- USAA: $585 annually (only serving current and former military members)
- PEMCO: $705 annually
MoneyGeek used a sample driver profile to obtain these rates. In this scenario, the driver is a 40-year-old male with a full coverage policy, including liability and comprehensive collision coverage.
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Average Cost of Car Insurance in Vancouver
The typical 40-year-old Vancouver driver with a good driving record pays an average of $1,142 annually for car insurance. This is slightly lower than the $1,264 average annual rate across the state of Washington. Compared to the average yearly car insurance premium in the United States, Vancouver rates are 19.8% lower.
The Best Car Insurance Companies in Vancouver
MoneyGeek analyzed and ranked Vancouver’s insurance companies to help the city's drivers find an insurance company offering a balance of affordability and great service. The top two companies in the city for most drivers are:
- Hartford: MoneyGeek score of 93 of 100
- GEICO: MoneyGeek score of 85 of 100
USAA received the highest score in Vancouver by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.
To calculate these scores, MoneyGeek used various factors, including data from J.D. Power's affordability, financial stability and user satisfaction ratings.
Personalized Quotes to Get You the Cheapest Car Insurance in Vancouver
Car insurance rates provided on this website are average rates for the typical Vancouver driver. Actual premiums will depend on several factors that vary with each driver. One important determinant is your personal driving record. A traffic ticket or DUI may raise your premiums considerably, while your age and credit score may help you secure discounts.
You will need to request and compare personalized insurance quotes to get the best car insurance package for your budget and requirements.
Shopping around for car insurance in Vancouver could save you $437, which is enough to buy:
Cheapest Car Insurance in Vancouver by Coverage Amount
The amount of coverage you opt for will also affect your insurance costs, regardless of where you live. It costs an average annual rate of $655 to purchase a state minimum liability policy covering bodily injuries and property damages. A full coverage policy with higher liability limits costs an average of $1,142, or $487 more.
Washington Minimum Liability Requirements
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $10,000 for property damage. A more protective level is 100/300/100.
Vancouver drivers may choose from several different car insurance coverage options. In addition to the state’s minimum liability package, you can opt for 50/100/50 liability-only and full-coverage policies or 100/300/100 full-coverage plans. A 50/100/50 policy means the policyholder gets $50,000 for bodily injury per person, $100,000 for injuries per accident and $50,000 for property damage.
In Vancouver, Progressive offers the lowest annual minimum car insurance rate at $385 on average. They also have the cheapest insurance for 50/100/50 liability-only plans at $447 per year. However, PEMCO has the most affordable 50/100/50 full-coverage policy ($651 per year on average) and the cheapest 100/300/100 full-coverage plan ($705 per year on average).
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
- CompanyState Minimumper year50 / 100 / 50per year
- Company50 / 100 / 50per year100 / 300 / 100per year
Cheapest Car Insurance in Vancouver if You Have Driving Violations
For Vancouver drivers with a good driving record, securing the lowest car insurance premium will be easier than for drivers with tickets on their records. A DUI or accident may impact your premiums considerably.
If you have a PEMCO insurance policy and a clean driving record, you can expect to pay around $821 per year. However, that average rate jumps by $165 if you have a speeding ticket, by $248 on average if you have an at-fault accident and by roughly $450 for a DUI.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
Car insurance rates in the United States can vary between cities and ZIP codes. The difference depends on several key factors such as crime rates, frequency of accidents and the rate of uninsured motorists.
In Vancouver, there is minimal difference between ZIP codes. Drivers in ZIP code 98682 pay the city’s cheapest average rate of $1,136, while drivers in the 98661 neighborhood pay roughly $11 more on average.
- Zip CodeState Minimumper year
Factors That Impact Insurance Costs in Vancouver
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents also contribute to car insurance rates in Vancouver. How Vancouver ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Vancouver are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
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