The below study was based on quotes issued from the largest insurers in the United States - State Farm, GEICO, Allstate, Farmers, and Progressive. Why safe drivers driving safe vehicles aren't always charged the lowest car insurance rates? The short answer: Safety features in newer cars can reduce the number and severity of body injuries, but they also make these modern vehicles more expensive to repair when traffic accidents happen. There are many factors that affect your auto insurance rates, including your age, gender, your location, your credit and driving history...
The least expensive cars aren't always the cheapest to insure. Why...?
Ways to reduce your premiums and buy cheaper...
There are many good reasons to drive safely, but saving money and family budget is an especially good one. Good new is, there are some modern vehicles, which are safer and - at the same time - cost less to repair than others. State regulators should ask insurance companies to offer more safe drivers basic minimum liability coverage for about $250 - $350 a year! Learn which discounts lower your car insurance rates. Follow the studies and actual statistics and find other ways high-risk drivers can find affordable auto insurance rates.
- How you drive: your driving history, skills and driving activity
- Your vehicle: safety rating, vehicle size, anti-theft devices, modern safety features
- Your policy choices: coverage options, deductibles, insurance discounts
- Discounts: drive safe & save, steer clear, multiple line discount, accident-free discount, good student discount, multiple auto discount
Many independent studies have shown that poor (less educated) people tend to pay more for car insurance. How does your job affect your auto insurance rates and final coverage?
"We work to price each driver’s policy"
You can read many articles offering secret ways to slash the cost of your car insurance or how younger drivers in your state can get cheaper car insurance. Tips and tricks for cutting the cost of your policy are well known! For example, Allstate’s yearly premiums quoted for the “good” driver ranged from $850 in St. Louis to $3,292 for the same person living in a similar area of Baltimore. Progressive’s annual rates for good drivers likewise fluctuated from $864 for a Cleveland resident to $1,928 for her equivalent residing in Baltimore. Whether you pay your credit card bills on time is one of the main factors can affect your car insurance rates.
It's really amazing how auto insurance rates can vary for the same person with the same vehicle between different companies...
Why my extra-safe car costs more to insure?
Not always, but high-tech auto safety = high-priced insurance rates! New cars loaded with high-tech crash-prevention gear are having a huge effect on auto insurance costs. These features help prevent automobile crashes and are building transitional-blocks to self-driving cars. In short, these high-tech collision-prevention systems cost a lot to repair! But we need this new features! Why? New data from the National Safety Council found approximately 19,000 people were killed in crashes on U.S. roads during the first six months of the year...
- Dave Jones, Commissioner
- (Chair, Western Zone)
- California Department of Insurance
- 300 Capitol Mall, Suite 1700
- Sacramento, California 95814
- Phone: 916.492.3500
- Fax: 916.445.5280
- 45 Fremont Street, 23rd Floor
- San Francisco, California 94105
- Phone: 415.538.4010
- Fax: 415.904.5889
- 300 South Spring Street
- South Tower
- Los Angeles, California 90013
- Phone: 213.346.6464
- Fax: 213.897.9051
Department of InsuranceTo request professional legal assistance with an insurance question or file an insurance-related complaint online, please visit website of licensed in your State.
Ask for better quotes - onlineThe states with the cheapest car insurance has average rates for this vehicle around $135 dollars, and the states with the most expensive rates are around $990 a month/year. The right discount can save you hundreds of dollars off your car insurance bill. Auto insurance companies in California, Florida, Miami, Georgia use rating factors, to determine how much to charge you for coverage. These rating factors include: the make, model and year of your Ford, Focus, Fusion, Toyota, Camry and similar vehicles.
Myths about car insuranceHow much do you pay to insure your Ford, Focus, Fusion, Toyota, Camry? Car insurance rates among states vary widely and insurance companies need to figure out if the applicant is too risky for them to insure. Auto insurance is very expensive, probably one of the most costly part of driving. How much do you pay for your policy in California, Florida, Miami, Georgia? 450$? More or less?
Minimum insurance requirements
The minimum amount of liability insurance you must have on your policy is:
- $15,000 for injury/death to one person.
- $30,000 for injury/death to more than one person.
- $5,000 for damage to property.