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To legally operate your vehicle on the road in Tacoma, your insurance must meet the minimum liability requirements set for the state of Washington. These requirements include:
- $25,000 bodily injury coverage per person, per accident
- $50,000 bodily injury coverage per accident
- $10,000 property damage liability
While these minimums will allow you to register your car with the state and protect you in an accident, most insurance companies recommend that you carry more so that you don’t have to pay out of pocket to cover costs that your insurance company may not cover.
Car Insurance: Tacoma Rates vs. State + National Averages
Tacoma is an expensive city for insurance. On average, drivers can expect to pay around $1692 per year for premiums in the city, which is almost $300 more than the state average of $1368 and $150 more than the national average of $1548.
Tacoma Auto Insurance Costs by Insurer
While there are several insurance companies providing car insurance options in Tacoma, there are five primary carriers used by most of the residents. Below you will see the most popular carriers and their average annual premium rates.
- USAA: $1055
- PEMCO Insurance: $1147
- Progressive: $1545
- State Farm: $1666
- Allstate: $2252
Tacoma Auto Insurance Premiums by Driver Age
Age is a major contributing factor to your annual premium rates, according to Insurify. Younger and less-experienced drivers are considered high-risk and will have to get several years on the road to qualify for better rates. Rates for teenagers can run as high as $7500 in the city, almost five times the national average. However, by the age of 20, that rate will be more than cut in half as drivers in their 20s will pay around $2281 for their annual premiums.
You will see the best premium rates when you are in your 50s, with an average annual premium of $1496. After your 50s, rates will increase, though only slightly each year.
Tacoma Car Insurance Premiums by Gender and Marital Status
If you are married, you can also catch a small break on your insurance premiums, as married drivers will pay around $77 less per year than single drivers. As mentioned by The Zebra, widowed drivers will also pay less than single drivers. The rate difference is because both married and widowed drivers are statistically less likely to file a claim than single drivers.
Even your gender can affect the amount you pay for premiums in Tacoma, though the difference is less. Female drivers will pay almost $50 more than male drivers in the city, no matter their age.
Average Tacoma Insurance Rates After a Violation or Accident
As stated by MoneyGeek, the factor insurance companies will look at the most when determining how much to charge your for rates is your driving history. Tickets, moving violations, and accidents all can lead to major rate hikes. While the impact of these may diminish over time, you will still feel the increase for a few years.
The most costly violation to have on your record is a DUI or DWI. Just one conviction can raise your rates by more than $750 per year. This violation is closely followed by reckless driving, increasing rates by at least $720 each year. Speeding tickets usually result in a much smaller rise of around $350 but can stay on your premium for two to three years.
At-fault accidents can also cause similar rate increases, depending on the amount of damage. A minor at-fault accident can raise your rates $400 to $500 per year, while a more severe accident can cause a hike of $600 to $700.
Tacoma Auto Insurance Premiums by Credit Tier
While you may know that your credit score can affect vehicle financing, you may not realize the gravity of the impact it could have on your car insurance rates. Very poor credit scores can result in average annual premiums of $3400 or more, while exceptional credit will get you the best rates, with averages around $1345.
If exceptional seems difficult to achieve, don’t be discouraged; even baby steps can help to improve your premium rates. Moving your credit score from very poor to fair can decrease your rates by over $1300 to around $2075 per year.
Expensive Tacoma ZIP Codes
The city of Tacoma has densely populated areas as well as suburban areas. Areas with higher crime rates and more traffic congestion will typically result in higher insurance rates, though the difference is minimal, usually running between $20 to $30 per year. The most expensive ZIP code in Tacoma for car insurance is 98404.
Cheaper Tacoma ZIP Codes
The cheapest ZIP code to secure car insurance in Tacoma is 98444. The area has a lower crime rate and a smaller population, making claims less frequent.
List of Insurance Companies in Tacoma
Choosing the right company for your car insurance needs will depend on several factors. The most important factors include:
- Price
- Coverages
- Discounts
- Claims process
In Tacoma, USAA is a popular option for drivers who are military members, as well as their spouses and dependents who need cheaper insurance. PEMCO is also a low-cost option for drivers who prefer more personalized customer service from their own agent.
Two options with rates running in the middle of the road are Progressive and State Farm. Both carriers are known for their good customer service and multiple discount options. Allstate has the highest rates in the city but also provides coverage options that other carriers don’t.
No-Fault Insurance in Tacoma Information
Tacoma is in Washington, which is an at-fault state. If you are responsible for the accident, your insurance policy will be required to pay for all injuries and damages.
Check this out if you need additional information, resources, or guidance on car insurance.
Sources:
Car Insurance | caranddriver.com
Cheap Auto Insurance Quotes in Tacoma, WA | insurify.com
Tacoma, WA Car Insurance | thezebra.com
Compare the Cheapest Car Insurance Quotes in Tacoma, WA | moneygeek.com
Best Car Insurance in Washington State: Everything You Need to Know | caranddriver.com
Car Insurance Married vs. Single: Everything You Need to Know | caranddriver.com
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