How Much Is Auto Insurance In California?

By Taaza Facts

Updated on:

How Much Is Auto Insurance In California

How Much Is Auto Insurance In California: SAW TRAFFIC FATALITIES ON THE RISE ABOVE THE 15-YEAR HIGH. AAA BLAMES MORE SPEEDING AGGRESSIVE AND DISTRACTED DRIVING AND MORE DRINKING AND DRIVING. ALL OF THE CRASHES LEAD TO HIGHER COSTS FOR AUTO INSURERS, AND NATIONWIDE, RATES ARE RISING. IN NOVEMBER, CAR INSURANCE WAS UP 13% OVER LAST YEAR ACCORDING TO THE BUREAU OF LABOR STATS WHICH IS MORE THAN THE SECTOR IN THE CPI.

In California, the average yearly cost for complete car insurance is $2,291, while the basic coverage costs around $636 annually. Nationally, full coverage usually costs $2,014 per year, and minimum coverage averages $622 per year. This makes insurance more expensive in California. Our insurance editorial team found these averages by looking at rates from Quadrant Information Services for various types of drivers.

  • In California, the average monthly premium for minimal coverage is $53. In California, the average monthly premium for full coverage is $191.
  • Geico has the lowest average minimum coverage vehicle insurance cost on our list, at $415 a year, according to Bankrate’s data. Capital, on the other hand, has the most affordable full coverage rates, at $1,548 annually.
  • Our analysis shows that drivers in Los Angeles pay the highest rates for auto insurance, by far, with an average premium for full coverage insurance of $2,545, which is 11% higher than the state average.
  • The average annual rate for California parents adding a 16-year-old driver to their full-coverage vehicle insurance policy is $5,360.
  • Every year, drivers with a DUI on their record pay $5,506 on average.

California car insurance rates by city

Car insurance prices in California change depending on the city. In busy areas, people usually pay more. For instance, drivers in Los Angeles pay 11% above the state average for full coverage, and in San Francisco, the average cost is $197 more per year than the state average. More cars on the road can lead to more accidents. Other things like repair costs, parts, and medical expenses can also affect how much drivers pay for insurance in a city.

California cityAvg. monthly full coverage premiumAvg. annual full coverage premiumPercentage change from California average annual full coverage premium
Anaheim$187$2,249-2%
Bakersfield$179$2,144-6%
Fresno$182$2,187-5%
Long Beach$199$2,3824%
Los Angelos$212$2,54511%
Oakland$206$2,4718%
Sacramento$194$2,3282%
San Diego$194$2,3282%
San Francisco$207$2,4889%
San Jose$187$2,239-2%

Average car insurance costs by age and gender in California

The cost of car insurance each year is often influenced by the driver’s age, which can show how risky they might be statistically. Young drivers, especially teens who just got their licenses, usually have to pay higher premiums. For instance, 16-year-old drivers in California can increase their parents’ premiums by almost $3,000 per year. Luckily, in California, car insurance rates typically go down as drivers get older, starting at age 20, as long as they don’t have accidents or get traffic citations.

Unlike many other states, California doesn’t let car insurance companies consider gender when setting rates. So, your gender shouldn’t affect how much you pay for car insurance in California.

AgeAvg. monthly full coverage premium in CaliforniaAvg. annual full coverage premium in California
Age 16*$447$5,360
Age 18$542$6,502
Age 20$353$4,236
Age 25$240$2,884
Age 30$206$2,468
Age 40$191$2,291
Age 50$183$2,197
Age 60$180$2,155
Age 70$195$2,338
Renters 18 and 20 years old are on their own insurance, with no discounts applied. The rate for 16-year-olds is the entire rate on their parents’ policy, with discounts applied.

Bankrate’s view: In many states, your insurance cost is influenced by your gender. This is because guys usually have more accidents than girls, leading to higher rates for male drivers. However, in California, insurers can’t consider gender, so both male and female drivers in similar situations are likely to pay the same rates. Nevertheless, age still matters in California, especially for younger drivers, who usually pay more, so it’s essential for them to find affordable coverage.

Cost considerations for young drivers in California

Young drivers usually have to pay higher car insurance prices because they don’t have much driving experience. Typically, until a person turns 18 and becomes a legal adult, they have to be included in a car insurance policy with an adult. The rates mentioned below are for a married couple who are adding one child to their car insurance policy.

When you turn 18, you can decide to buy your own car insurance, but it’s usually more expensive than staying on your parents’ policy. By the time you’re 25, most people have their own place and their own insurance. The rates listed here are for California drivers of different ages who have their own car insurance after turning 17.

AgeAvg. annual premium for drivers on their parents’ policy in CaliforniaAvg. annual premium for drivers on their own policy in CaliforniaPercent difference
Age 16$5,360N/A*N/A*
Age 17$5,001N/A*N/A*
Age 18$4,768$6,50236%
Age 19$3,758$4,53821%
Age 20$3,539$4,23620%
Drivers who are 16 or 17 years old must be covered by their parents’ policy.

How does a driving record impact the cost of car insurance in California?

Your driving history is a big factor in how much you pay for car insurance. In California, getting just one speeding ticket could make your insurance costs go up by 36 percent. The table below shows how much your insurance might increase if you get a speeding ticket, cause an accident, or get a DUI. Any of these things could make insurance companies see you as a risky driver. If you have more than one of these incidents on your record in the past three to five years, your rates will probably be even higher. The rates shown here are for full coverage, and if you’re considered a riskier driver, you might want to think about getting more coverage for better financial protection.

Driving incidentAvg. annual full coverage premium in CaliforniaPercentage increase from California average annual full coverage premium
Clean driving record$2,2910%
Speeding ticket$3,11136%
Accident$3,78965%
DUI$5,506140%

Estimate your car insurance cost in California 

When you are looking for the best car insurance for your needs, it can be helpful to have a benchmark figure to start with. That’s why Bankrate created this handy calculator. By inputting a few simple data points, you will be given an average monthly payment for someone in your situation. This is only an estimate, since each insurer assesses you differently when determining your premium rate, but it gives you a good starting point to keep in mind while searching.

How to save on car insurance in California

In California, people usually pay more for car insurance compared to drivers in many other states. But California has strict rules about how insurance companies can give discounts. For instance, drivers in California can’t get discounts for using telematics or for having accident forgiveness. If you want to reduce your car insurance costs in California, here are some tips:

Know how much coverage you need. Having more coverage protects you better, but it usually costs more. While experts suggest getting more than the minimum coverage, not everyone needs an expensive policy. Understanding your needs helps you pick the right coverage.

Keep your driving record clean. Accidents, tickets, and DUIs make your insurance rates go up a lot. Driving safely can help you keep a lower premium.

Compare prices: Various car insurance companies use different criteria to determine rates, so the cost of the same coverage can differ. Obtaining quotes from multiple insurers might help you discover the cheapest rate.

Take advantage of discounts: Although certain discounts are limited in California, such as telematics programs, there are other ways to save money. Combining your car and home insurance, being a good student, and staying loyal to a company are all effective ways to reduce your California car insurance costs.

Taaza Facts

I am a multifaceted content creator with expertise in blogging, Finance, and Cryptocurrency reviews. My creative journey involves weaving captivating stories in blogs, designing aesthetically pleasing and functional websites, and dissecting the nuances of cinema. We are dedicated to sharing our passion and insights with a global audience.

Related Post

French aviation insurance broker joins Brokerslink network

Global broking business, Brokerslink, has added a new specialist affiliate, Air Courtage Assurances, to its network. Air Courtage Assurances is a French brokerage firm that manages ...

Holistic approach needed for rising natural catastrophe risks: Brahin, Swiss Re

Philippe Brahin, Head Americas for Public Sector Solutions at Swiss Re, emphasises the need for a holistic approach to managing increasing natural catastrophe risks in order ...

World Insurance Associates hires Woosley as EVP, Head of National Practice Groups

Insurance brokerage, World Insurance Associates, has hired 20-year industry veteran Thaddeus Woosley as its new executive vice president, head of national practice groups. In his new ...

Peter Scott becomes Broker Insights new CEO, Fraser Edmond named President

Broker Insights announces the appointment of Peter Scott as Chief Executive Officer(CEO), taking over the role of Fraser Edmond who has been named President, as the ...

Leave a Comment

Actor John Abraham Purchases Bungalow In Mumbai For Rs 75.83 Crore Ankita Lokhande: From TV Stardom to Bollywood Dreams | Inspiring Journey Ayesha Khan Lifestyle, Bigg Boss 17 Wild Card, Boyfriend, Family, Munawar faruqui, Age, Biography Kalki 2898 AD – 100 Times Bigger Than Salaar Prabhas Film Bigg Boss 17: Salman Khan scolded Ayesha badly, got angry on Munawar-Ayesha matter