Average Car Insurance Cost in California

What is the Average Cost of Car Insurance in California?

In the state of California, the average cost of car insurance is around $1,800 per year. That number is based on a 2018 analysis of data from the National Association of Insurance Commissioners and the Insurance Information Institute. However, the actual cost of car insurance in California will vary depending on several factors, such as the type of vehicle, driving record, and the type of coverage.

Why Insurance Rates Vary in California

Insurance rates in California vary from one driver to the next because of several factors. The most important factor is the type of vehicle the driver is insuring. Sports cars and luxury vehicles tend to cost more to insure than sedans or minivans, for example. Additionally, drivers with a poor driving record or credit score will often pay more for car insurance than those with a clean driving record and good credit. Finally, the type of coverage that is purchased can also affect the cost of insurance. Higher levels of coverage tend to cost more than basic coverage.

How Much Car Insurance is Required in California?

In California, drivers are required to have a minimum amount of liability insurance in order to legally operate a motor vehicle on public roads. This minimum amount is $15,000 per person and $30,000 per accident for bodily injury liability and $5,000 for property damage. Additionally, California requires drivers to carry uninsured/underinsured motorist coverage in the amount of $15,000 per person and $30,000 per accident for bodily injury and $5,000 for property damage.

How to Find the Best Car Insurance Rates in California

The best way to find the best car insurance rates in California is to shop around and compare quotes from multiple insurance companies. It is important to get quotes from multiple companies to ensure that the driver is getting the best deal possible. Additionally, it is important to consider the various discounts that are available. Some of the most common discounts include good driver discounts, multi-car discounts, and multi-policy discounts.

How to Save Money on Car Insurance in California

In addition to shopping around and comparing quotes, there are several other ways to save money on car insurance in California. One of the best ways is to increase the deductible. Increasing the deductible means that the driver will pay more out of pocket in the event of an accident, but will result in lower premiums. Additionally, drivers can save money by taking advantage of discounts for good drivers, multi-car discounts, multi-policy discounts, and more. Finally, drivers can save money by bundling their car insurance with other policies, such as homeowners or renters insurance.

Conclusion

The average cost of car insurance in California is around $1,800 per year. However, the actual cost of car insurance will vary depending on several factors, such as the type of vehicle, driving record, and the type of coverage. Drivers in California are required to have a minimum amount of liability insurance in order to legally operate a motor vehicle on public roads. The best way to find the best car insurance rates in California is to shop around and compare quotes from multiple insurance companies. Additionally, drivers can save money on car insurance by increasing the deductible, taking advantage of discounts, and bundling policies.