What is the average cost of car insurance in Orem?

 

The average cost of auto insurance in Orem is $1,437 per year. That's greater than than the average in Utah ($1,306) and less expensive than the U.S. average of $1,548. Read on to learn more about how much you can expect to pay based on your credit score, gender, marital status and other factors in Orem.

 

CAR INSURANCE RATES: OREM VS. UTAH AND U.S. AVERAGES
Orem Average (per year) Utah Average National Average
$1,437 $1,306 $1,548

 

Contents:
  • Insurance company
  • Age group
  • Gender and marital status
  • Driving history
  • Credit score

 

Orem car insurance costs by company

 

Getting quotes from many different companies is the best way to find good coverage at a price that fits your budget. In Orem, Bear River offers the cheapest rates for the average insurance customer. See below the best companies for cheap auto insurance in Orem.

 

OREM CAR INSURANCE RATES BY COMPANY
Company Average Annual Rate
Bear River $625
GEICO $1,147
Iowa Farm Bureau $1,208
AAA $1,260
Progressive $1,498

 

Consult our expert guide to finding the best cheap car insurance.

 

 

Orem auto insurance premiums by age

The age group that enjoys the lowest auto insurance rates in Orem are drivers in their 50s, who pay an average of $1,380 per year. Rates for Orem drivers in their 60s are also relatively affordable, at just $1,418 per year.

Teenage drivers pay Orem's most expensive car insurance rates. One of the most effective ways to lower your car insurance rates as a driver in Orem is to age out of your teens. The cost differential between the car insurance premiums paid by teenage drivers and drivers in their 20s in Orem is $3,444, the largest such difference between any two age brackets.

 

CAR INSURANCE RATES BY AGE TIER IN OREM
Age Average Annual Rate
Teens $5,401
20s $1,957
30s $1,475
40s $1,456
50s $1,380
60s $1,418
70s $1,742

 

Learn more about the impact of age on car insurance premiums.

 

 

Orem car insurance rates by gender and marital status

 

In some cases, a driver's marital status and gender may affect the auto insurance rates they pay. In most locations in the US, single drivers pay more than married drivers based on data that says they're more likely to file claims. Married drivers in Orem pay $96 less than single drivers for auto insurance.

Gender is another factor that can affect car insurance rates. In Orem, female drivers pay $74 per year more than do male drivers.

 

OREM CAR INSURANCE RATES: BY MARITAL STATUS AND GENDER
Gender/Marital Status Average Yearly Rate
Female $1,511
Male $1,437
Single $1,437
Married $1,341
Divorced $1,403
Widowed $1,375

 

Learn more about the impact gender and marital status have on insurance rates.

 

 

Orem auto insurance rates by accident and violation history

 

Regardless of where you live, steering clear of accidents and citations is the best way to keep your auto insurance rates affordable. At-fault accidents, DUIs, reckless driving citations, and speeding tickets all contribute to expensive auto insurance rates, as insurance companies reward low-risk drivers with the gift of affordable rates.

Orem drivers found guilty of reckless driving pay a heavy toll when it comes to auto insurance, facing a rate increase of $624 per year when compared to the city average. A ticket for speeding results in a $211 rate hike while a DWI or DUI violation costs $474per year in extra insurance expenditures.

 

AVERAGE OREM INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
Violation/Incident Average Yearly Rate
DUI/DWI $1,911
Reckless Driving $2,061
At-fault Accident (damages less than $1,000) $1,890
At-fault Accident (damages greater than $2,000) $1,964
Speeding Ticket (16-20 mph over speed limit) $1,648

 

Learn more about citations' impact on your auto insurance rates.

 

 

Orem auto insurance rates by credit tier

 

It's no secret that credit score is closely correlated with car insurance rates. In Orem, an improvement in credit score from the "Very Poor" tier (300-579) to the "Exceptional" tier (800-850) corresponds to a 59% drop in car insurance costs. Moving from "Very Poor" to "Fair" credit can have a big impact in leading you toward lower car insurance rates. In Orem, improving your credit to "Fair" could help you earn a $654 decrease in yearly insurance premiums.

 

OREM AUTO INSURANCE RATES BY CREDIT SCORE
Credit Score Average Yearly Rate
Very Poor $2,942
Fair $2,288
Good $1,842
Very Good $1,515
Exceptional $1,214

 

Learn more about the relationship between credit scores and car insurance rates.

 

 

 

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About The Zebra

The Zebra is not an insurance company. We publish data-backed, expert-reviewed resources to help consumers make more informed insurance decisions.

  • The Zebra’s insurance content is written and reviewed for accuracy by licensed insurance agents.
  • The Zebra’s insurance content is not subject to review or alteration by insurance companies or partners.
  • The Zebra’s editorial team operates independently of the company’s partnerships and commercialization interests, publishing unbiased information for consumer benefit.
  • The auto insurance rates published on The Zebra’s pages are based on a comprehensive analysis of car insurance pricing data, evaluating more than 83 million insurance rates from across the United States.