Cheapest Car Insurance in California, Check All Details Here
by Kowsalya
Updated May 11, 2023
Cheapest Car Insurance
Cheapest car insurance refers to a type of car insurance policy that provides the minimum required coverage at the lowest possible premium cost. This type of insurance may include liability coverage, which covers the cost of damages and injuries caused to others in an accident that is deemed to be the policyholder's fault.
Cheapest car insurance may also offer additional coverage options such as collision and comprehensive coverage, which protect the policyholder's own vehicle against damage or theft.
The exact coverage options and premium costs will vary depending on the insurance company, the policyholder's location, and driving history, and other factors.
Cheapest Car Insurance in California
State Farm is the most affordable option for liability-only car insurance, as well as for high-risk drivers. Teenagers can find the cheapest car insurance rates with State Farm.
On the other hand, GEICO provides the most affordable average annual rates for young drivers and seniors. For drivers with poor credit, Nationwide is the least expensive insurer. It's always advisable to compare various options in your state to obtain a more accurate estimate of the costs.
Some sources compared average car insurance rates across the country and found that the cheapest providers for a liability-only policy are:
The cheapest liability-only car insurance is typically the cheapest option available as it only covers the cost of damages or injuries other parties incur when you’re at fault.
Generally, this type of policy will only meet the state minimum coverage requirements and can leave you on the hook for major losses. Depending on how much car insurance you need, you may choose higher limits. Use the table below to view the cheapest companies and rates based on your age range and coverage limits.
State Farm
$409
$34
GEICO
$424
$35
Nationwide
$462
$38
Travelers
$504
$42
Progressive
$514
$43
Farmers
$572
$48
Allstate
$604
$50
COMPANY
ANNUAL PREMIUM
MONTHLY PREMIUM
Cheapest Car Insurance in California By Age
When it comes to car insurance rates in California, age is one of the biggest factors that can affect the amount you pay for coverage. Insurance companies take into account several factors when determining your rates, including your age, driving record, location, and the type of car you drive.
Based on data, it has been found that State Farm or CSAA offers the cheapest options on average, depending on what age group you and your family belong to. These companies may offer discounts or other incentives based on the age of the driver or the number of drivers on the policy.
For example, young drivers, who are typically considered higher-risk drivers, may benefit from choosing an insurance company that offers a good student discount or a safe driver discount.
CSAA
$367
$31
AAA California
$818
$68
GEICO
$1,146
$96
National General
$1,238
$103
Mercury
$1,259
$105
Capital Insurance Group
$1,329
$111
Hartford
$1,358
$113
State National
$1,399
$117
COMPANY
ANNUAL PREMIUM
MONTHLY PREMIUM
Cheapest Car Insurance in California for Young Adults
According to actuarial data, drivers in their 20s are more likely to file insurance claims, so they tend to pay higher car insurance rates than middle-aged drivers.
Among the options available in California, CSAA and AAA California offer the most affordable rates for this age group, with CSAA being the cheaper option at $408 per year for a full coverage policy.
On the other hand, Nationwide has the highest annual premium at $3,781 for the same type of policy. It's worth noting that CSAA charges $39 more per year for full coverage to drivers in their 20s than to middle-aged drivers.
State Farm
$2,943
$3,327
GEICO
$2,978
$3,678
Farmers
$3,285
$4,606
Capital Insurance Group
$3,395
$3,280
Allstate
$3,436
$3,782
Progressive
$3,621
$3,845
Travelers
$4,022
$3,678
Nationwide
$5,231
$7,477
COMPANY
FAMILY PLAN ANNUAL PREMIUM
INDIVIDUAL PLAN ANNUAL PREMIUM
Cheapest Car Insurance in California for Seniors
In California, senior citizens can find the most affordable full-coverage car insurance from CSAA and AAA California, with an annual premium of $367 and $818, respectively.
On the other hand, Nationwide charges the highest premium for seniors, amounting to $2,683 annually. Compared to middle-aged drivers, seniors in California pay slightly less for car insurance. However, as drivers reach their 70s and 80s, the cost of car insurance tends to increase.
CSAA
$367
$31
AAA California
$818
$68
GEICO
$1,146
$96
National General
$1,238
$103
Mercury
$1,259
$105
Capital Insurance Group
$1,329
$111
Hartford
$1,358
$113
State National
$1,399
$117
COMPANY
ANNUAL PREMIUM
MONTHLY PREMIUM
Cheapest Car Insurance in California - FAQs
State Farm is the Cheapest Car Insurance in California.
The cheapest car insurance company can vary depending on factors such as location, age, driving history, and coverage needs. However, some of the cheapest car insurance companies in the United States include State Farm, GEICO, Nationwide, and Progressive.
Yes, liability-only car insurance is generally cheaper than full coverage because it only covers damages or injuries you cause to other people or their property. Full coverage includes liability insurance as well as collision and comprehensive coverage, which can be more expensive.
Yes, high-risk drivers can still find affordable car insurance options. Some companies specialize in providing coverage for high-risk drivers, while others may offer discounts for taking defensive driving courses or improving your driving record.