Insurance Costs in Federal Way, WA
Auto insurance in Federal Way averages $1,495 per year for full coverage, which is lower than the national average. Here is a detailed breakdown of what residents pay.
Updated July 2026Auto Insurance in Federal Way, WA: What You Need to Know
Federal Way residents pay an average of $1,495 per year for full coverage auto insurance, which is 5.0% above the Washington state average and 10.7% below the national average.
With a population of 101,030, Federal Way is a mid-size city in Washington. Insurance rates here are typical for the state.
Coverage Level Comparison
| Coverage Type | Annual Cost | Monthly Cost |
|---|---|---|
| Full Coverage (100/300/100) | $1,495 | $125 |
| Standard Coverage (50/100/50) | $1,226 | $102 |
| State Minimum (25/50/10) | $628 | $52 |
Homeowners Insurance in Federal Way, WA
The average cost of homeowners insurance in Federal Way is $1,233 per year ($103/month), which is 32.3% below the national average.
Home insurance costs are influenced by local factors including weather risks (hail, wind, flooding), property values, local building costs, and proximity to fire stations.
Renters Insurance in Federal Way, WA
Renters insurance in Federal Way averages $192 per year ($16/month). Renters insurance is affordable and protects your personal belongings, provides liability coverage, and may cover temporary living expenses if your rental becomes uninhabitable.
Compare with Other Washington Cities
How to Save on Insurance in Federal Way
- Shop around. Get quotes from at least 3-5 different insurers. Rates in Federal Way can vary by $500 or more between companies for the same coverage.
- Bundle auto and home/renters. Many companies offer 10-25% off when you carry multiple policies.
- Increase your deductible. Raising your deductible from $500 to $1,000 can cut your premium by 15-30%.
- Ask about local discounts. Some insurers offer discounts for anti-theft devices, safe driving courses, or parking in a garage.
- Review coverage annually. Your needs change over time. Make sure you are not paying for coverage you do not need.
Frequently Asked Questions
How much is car insurance in Federal Way, WA?
The average cost of car insurance in Federal Way, WA is $1,495 per year for full coverage, or about $125 per month. Minimum coverage costs around $628 per year.
Is car insurance expensive in Federal Way?
Car insurance in Federal Way is relatively affordable compared to many U.S. cities.
How much is home insurance in Federal Way?
Homeowners insurance in Federal Way costs an average of $1,233 per year. Your actual cost depends on your home's value, age, construction type, and specific location.