How much is auto insurance in California? This question is difficult to answer directly, because the price of automobile insurance varies greatly depending on the insurer, driver, and the vehicle to be insured. We will, however, give you some examples and provide you with the average auto insurance price in the state of CA.
The most important thing to remember is that auto insurance companies set their own individual rates using their own formulas and algorithms. If you compare a driver (age, gender, driving record, years licensed, etc.) and the car of that driver (safe car, alarms, etc.), with 10 different insurance companies, you’ll probably get 10 different rate quotes. Some quotes may be only several dollars apart, and others hundreds, if not thousands in some cases. You will see this in the example below.
The following information is based on approximations using California’s DOI calculator. These are rough estimates without all of the information that you would need to provide if this was an actual rate quote. However, this is enough information to show how much rates vary by insurer in California. The best way for you to obtain accurate information, custom-tailored for you, is by using the services of an insurance quote website. We will address this more at the conclusion of this article.
Our example driver:
-Male
-Single
-Drives under 10,000 miles annually
-Has one traffic ticket
-Has been licensed for 1-2 years
-Lives in the Orange County-Anaheim area in CA
-Basic liability coverage only ($15,000/$30,000/$5,000)
Here are 10 rate quotes that this driver may receive from auto insurance companies for an annual policy:
Southern – $8689
Pacific Specialty – $3998
QBE – $2853
Metropolitan Direct – $2836
Infinity – $2362
GEICO – $1924
AAA -$1667 (you need to be a member or join when purchasing auto insurance)
Commerce West – $1612
Amica – $1388
Horace Mann – $919 (educators only)
As you can see, the rate variations are enormous. The information that we provided for these quotes did not include any information about the vehicle, or any discounts that this driver could be eligible for. As we mentioned, no two drivers are going to receive the same rate quotes from the same company. This goes to show, though, the importance of comparing California auto insurance quotes, which are specifically tailored to you and your vehicle.
The average annual automobile insurance policy in CA is around $1,325. Every driver needs to have at least the minimum amounts of liability here to drive legally. As stated before, the easiest way for you to receive your customized quotes is at online auto insurance quote websites. The results are usually without obligation and you most likely will have them instantly on your screen or sent to you via email.
Remember to also find an insurer that will provide you with all of the discounts that you are entitled to. Compare quotes and insurers and you will find the lowest rates possible for car insurance in California.