Looking for car insurance in California? Wondering what type of rates you might be looking at in your area? Here are sample car insurance quotes from various cities around the state:
- (Beverly Hills) 90210: $160-$185/month
- (Los Angeles) 90011: $160-$185/month
- (W. Los Angeles) 90025: $140-$165/month
- (Fresno) 93725: $140-$165/month
- (San Francisco) 94102: $130-$150/month
- (San Jose) 95148: $120-$145/month
- (Bakersfield) 93263: $110-$130/month
- (Costa Mesa) 92626: $110-$130/month
- (San Diego) 92137: $105-$125/month
- (Redding) 96003: $100-$120/month
- (Yreka) 96097: $90-$105/month
- (San Luis Obispo) 93402: $85-$100/month
The highest monthly payment (Beverly Hills) is almost twice as much as the lowest monthly payment (San Luis Obispo) – clearly illustrating that where you decide to live in [State] can end up costing (or saving you) almost $1,000 a year on your car insurance coverage.
While premiums are determined by many different factors, here are some reasons why geography plays an important role in shaping insurance costs:
- Crime Rates: Logically, cars that are driven (and parked overnight) in areas with high crime rates have a higher chance of getting broken into, damaged or stolen.
- Uninsured Motorists: Some areas have much higher rates of drivers who don’t have insurance. Since the likelihood of having an accident with someone who can’t pay for damages is increased, so do the premiums.
- Teen Drivers: Rural areas without much public transportation tend to have a higher percentage of teen drivers. Since teen drivers statistically have a higher accident rate, all drivers in the area are at greater risk of an accident.
- Credit Scores: Whether we like it or not, our credit scores are increasingly being used to help determine the price we pay for car insurance. People in areas with low median incomes tend to have lower credit scores overall – meaning higher premiums.
- State Laws and Regulations: Some states have much higher limits on the amount of benefits that accident victims can receive, while other states have laws that determine which cases are settled by a jury trial and which are settled by an expensive out of court settlement. These laws can often mean much higher payouts from insurance companies – causing them to raise rates.
While you might not go so far as to as to pick a city to live in California based on car insurance costs alone, it can be helpful to get a picture of which areas (even within the same city) have higher average rates and why.
(Note: All of the sample quotes in the above examples were calculated using the following general criteria: Single Male, 30 years of age, no tickets - trying to insure a 2009 Dodge Challenger with$50,000/$100,000 Bodily Insurance Coverage, $50,000 Property Damage Coverage and a $500 deductible)