Car Insurance in Stoneham-et-Tewkesbury

INSURANCE PREMIUM HISTORY IN STONEHAM-ET-TEWKESBURY (LAST 10 YEARS)

In Stoneham-et-Tewkesbury, auto insurance premiums have experienced significant fluctuations since 2015. After a substantial decrease in 2016, costs gradually increased until 2019, followed by a slight drop in 2020. Since 2021, there has been a steady upward trend, with a particularly sharp increase between 2023 and 2025, where premiums rise from $1229 to $1849.

Factors influencing your insurance premiums in stoneham-et-tewkesbury

Car insurance premiums in stoneham-et-tewkesbury are determined by a number of specific factors, which insurers carefully analyze to assess the risk level associated with each driver and vehicle. Understanding these factors can help you better understand the cost of your insurance.

• Your Driving Record: Your driving record history is the most important factor. A clean record with no accidents or tickets can save you hundreds of dollars a year, as it demonstrates that you are a responsible driver.
• Your vehicle: The make, model, year, and even color of your vehicle are taken into account. Newer cars, luxury models, or those with high repair costs generally cost more to insure.
• Your place of residence: In stoneham-et-tewkesbury, population density and traffic can impact your premiums.
• Your vehicle usage: If you use your vehicle daily for work, your premium will be higher than if you only use it for occasional trips. The number of kilometers driven each year also has an impact.
• Your age: Young drivers generally pay higher premiums, as statistics show they are more likely to be involved in accidents.
• Your profile: Other factors such as your credit score, your profession and your insurance product purchasing habits also influence the cost of your insurance.

Car insurance in stoneham-et-tewkesbury by age group

In Stoneham-et-Tewkesbury, drivers aged 18 to 28 face the highest insurance premiums, reaching $2628, which is more than three times the amount paid by drivers aged 60 to 70 ($802). Costs decrease progressively with age, reflecting the reduced risk perceived by insurers as driving experience increases.