How A lot Is Automobile Insurance coverage in California?

Though California is without doubt one of the costliest states to stay in, California drivers really pay much less for auto insurance coverage than most different states.

In line with NerdWallet’s evaluation, the typical value of full protection insurance coverage in California is $1,659 per yr, or about $138 a month, for a 35-year-old driver with a clear driving document. The typical value of a minimal protection coverage in California is $506 per yr, or about $42 per 30 days.

California is without doubt one of the most consumer-friendly states in the case of automotive insurance coverage. Insurers are banned from utilizing a driver’s gender or credit score rating to cost insurance coverage premiums. This implies drivers with poor credit score will not essentially pay extra for a coverage than these with good credit score.

Why you may belief NerdWallet: Our writers and editors comply with strict editorial tips to make sure equity and accuracy in our writing and knowledge analyses. You possibly can belief the costs we present you as a result of our knowledge analysts take rigorous measures to get rid of outliers and inaccuracies in pricing knowledge, which embody charges from each locale in California the place protection is obtainable and knowledge is offered. When evaluating charges for various protection quantities, ages and backgrounds, we modify just one variable at a time, so you may simply see how every issue impacts pricing.

NerdWallet in contrast automotive insurance coverage charges from 27 corporations in California. Mercury presents the most affordable full protection within the state, on common, with an annual fee of $1,023, or $85 per 30 days, for a 35-year-old driver with a clear driving document.

In the meantime, Geico is the most affordable possibility for minimal protection. The corporate has a mean fee of $207 per yr, which breaks right down to round $17 a month.

Listed here are the typical yearly charges for all California corporations, sorted from lowest to highest fee primarily based on common full protection value.

The price of automotive insurance coverage relies on components akin to age, driving historical past and the kind of automobile you drive. In consequence, these charges may not mirror the quotes you obtain from insurance coverage corporations. If you need the most cost-effective automotive insurance coverage in California, store round and examine quotes for a minimum of three insurers.

Your age is without doubt one of the most essential components in the case of your automotive insurance coverage premium. Insurance coverage corporations see younger drivers as extra prone to trigger an accident or get a rushing ticket. And whether or not it’s from a scarcity of expertise or the next tendency to take dangers, the truth is that youthful drivers pay extra for automotive insurance coverage in California. For instance, a 20-year-old driver pays over 75% greater than a 30-year-old with the identical protection limits.

Right here is the typical value of automotive insurance coverage in California by age for each full and minimal protection.

Your driving historical past impacts the worth of your automotive insurance coverage. And with the price to insure California drivers on the rise, working towards protected driving habits is the simplest strategy to maintain your premium from growing.

In line with our evaluation, drivers with a single at-fault accident on their document pay $1,000 extra, on common, for full protection automotive insurance coverage than somebody with a clear driving historical past. Drivers with a single DUI conviction pay over $2,000 extra, on common, than good drivers.

Right here’s our evaluation of the typical annual California automotive insurance coverage prices for each full and minimal protection primarily based on driving historical past.