How Much Does Auto Insurance Cost in California?

California might be known for having a high cost of living. However, California drivers tend to enjoy lower car insurance rates than people living in other states. Unfortunately, it’s nearly impossible to tell you how much your car insurance will cost without knowing your current situation, since rates are based on a wide range of different factors. Exploring these factors can help you find ways to get the lowest rates for your auto insurance and know what to expect when you request a quote for a new policy.

Know the Difference between Liability and Comprehensive Coverage

Insurance companies offer many different types of policies. For car insurance, one of the first questions you’ll need to answer is whether you prefer liability or comprehensive coverage.

Liability insurance is the type of coverage drivers in California must have to comply with state laws. This covers the costs for property damage and personal injury to the other party if you’re at fault for an accident. Comprehensive coverage is the other type that covers damages to your vehicle. Naturally, comprehensive policies can cost more than liability due to the wider level of coverage. When shopping for car insurance, Chula Vista drivers should take these differences into account.

Consider Insurance Costs for Different Types of Cars

Many lenders require you to purchase a comprehensive insurance policy to protect their investment. You’ll also find insurance companies may offer higher rates for cars deemed to be at higher risk for being involved in an accident. Classic cars and other valuable vehicles could also cost more to insure due to their higher costs for repairs and parts.

Explore Deductibles

The quote you receive for your car insurance policy may also include options for deductible amounts. The deductible is the amount of money you’ll need to pay out of your own pocket before the insurance company pays out for a claim. Generally, a higher deductible plan comes with lower rates. This is because the insurance company assumes less risk and responsibility for future claims. Meanwhile, a lower deductible plan may cost more, but this option allows you to avoid needing to come up with more money if an accident occurs.

Expect Higher Rates for New or Inexperienced Drivers

Insurance companies tend to consider new drivers to be higher risks due to their inexperience. If you have a teenage driver in your household, you might receive a higher quote than you have in the past. Fortunately, this factor tends to drop off once people age or accumulate more time on their safe driving records.

Do Your Part to Maintain a Clean Driving Record

Having frequent or major accidents on your driving record leads to higher rates. The same is also true of having citations and fines for breaking driving laws. Making sure to practice safe driving habits at all times helps you get the lowest rates for your car insurance. Depending on your current driving history, you may also be able to take special driver’s education courses to lower your rate. 

If you need reliable and affordable car insurance, reach out to Altra Insurance Services. We also offer top-quality motorcycle insurance. To receive a complimentary quote, get in touch with one of our friendly agents.