Establishing which companies offer the cheapest insurance rates for veterans requires a little more effort than just comparing a company or two. Each insurer uses a different method for determining prices, so we will examine the most budget-friendly insurance companies in California.
It’s important to understand that Los Angeles, CA insurance rates are calculated based on many things that will increase or decrease the price you have to pay. Getting older, becoming a homeowner, or having an at-fault accident may cause policy rate changes that can make some companies much cheaper than others.
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| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,121 |
| 2 | Wawanesa | $1,146 |
| 3 | CSAA | $1,186 |
| 4 | Nationwide | $1,226 |
| 5 | Century National | $1,226 |
| 6 | 21st Century | $1,338 |
| 7 | Grange | $1,447 |
| 8 | Progressive | $1,496 |
| 9 | Mercury | $1,503 |
| 10 | Allied | $1,541 |
| 11 | Allstate | $1,543 |
| 12 | GEICO | $1,559 |
| 13 | The Hartford | $1,575 |
| 14 | MetLife | $1,638 |
| 15 | State Farm | $1,699 |
| 16 | Unitrin | $1,699 |
| 17 | Esurance | $1,739 |
| 18 | Bristol West | $1,795 |
| 19 | Travelers | $1,842 |
| 20 | Farmers | $1,946 |
| View More Rates Go | ||
USAA quotes some of the lowest car insurance rates in Los Angeles at around $1,121 annually. This is $530 less than the average price paid by California drivers of $1,651. Wawanesa, CSAA, Nationwide, and Century National also make the cut as some of the best Los Angeles, CA car insurance companies.
As the rates illustrate above, if you have coverage with Century National and switched to Wawanesa, you could earn annual savings of in the vicinity of $80. California drivers with 21st Century may save as much as $192 a year, and Grange insureds might lower prices by $301 a year.
To compare your rates to other California insurance companies, click here to get a free quote or click through to the companies below.
Be aware that those policy rates are averages across all types of drivers and the different vehicles they drive and do not factor in an exact vehicle garaging location for veterans. So the company that is most affordable for your situation may not even be in the list above. That helps illustrate why you need to compare as many prices as possible using your own driver and vehicle profiles.
One of the more important components that are looked at to help calculate the annual cost of car insurance is where you live. Areas with more people or more claims tend to have more expensive car insurance rates, whereas areas with less people or fewer weather incidents can boast about having cheaper rates.
The information below sorts the highest-priced places in California for veterans in which to buy car insurance. Los Angeles ranks #1 with a yearly cost of $2,083 on average, which is about $174 monthly.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Los Angeles | $2,083 |
| 2 | Glendale | $2,058 |
| 3 | Sacramento | $1,720 |
| 4 | San Francisco | $1,711 |
| 5 | Oakland | $1,687 |
| 6 | Santa Clarita | $1,595 |
| 7 | San Bernardino | $1,580 |
| 8 | Long Beach | $1,578 |
| 9 | Garden Grove | $1,570 |
| 10 | Stockton | $1,541 |
| 11 | Fontana | $1,535 |
| 12 | Riverside | $1,527 |
| 13 | Fresno | $1,517 |
| 14 | Moreno Valley | $1,506 |
| 15 | Modesto | $1,487 |
| 16 | Santa Ana | $1,483 |
| 17 | Anaheim | $1,474 |
| 18 | San Jose | $1,423 |
| 19 | Huntington Beach | $1,416 |
| 20 | Bakersfield | $1,381 |
| 21 | San Diego | $1,381 |
| 22 | Fremont | $1,348 |
| 23 | Irvine | $1,343 |
| 24 | Chula Vista | $1,337 |
| 25 | Oxnard | $1,304 |
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Annual rates are approximated as the specific area where the vehicle is garaged can impact coverage prices significantly.
Buying coverage from a high-quality car insurance provider is hard considering how many companies sell insurance in Los Angeles. The ranking information displayed below may help you pick which car insurance companies you want to consider when comparing rates.
These ratings only include large, nationwide insurance companies, so companies that focus mainly on California business are not included in these rankings. If you’d like to compare prices from many more California auto insurance companies, just click here.
Top 10 Large Car Insurance Companies in Los Angeles Ranked by Customer Service
- AAA of Southern California
- GEICO
- State Farm
- The Hartford
- Mercury Insurance
- The General
- Progressive
- Allstate
- AAA Insurance
- American Family
Top 10 Large Car Insurance Companies in Los Angeles Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA of Southern California – 92%
- AAA Insurance – 91%
- Nationwide – 90%
- State Farm – 90%
- The Hartford – 89%
- GEICO – 89%
- The General – 88%
- 21st Century – 88%
Does full coverage make sense?
Reducing the cost of insurance is important to most drivers, and one of the quickest ways to find cheaper insurance for veterans is to only buy liability coverage. The chart below visualizes the comparison of insurance rates with and without full coverage. The rates are based on no claims or violations, $1,000 deductibles, marital status is single, and no discounts are applied to the premium.
If averaged for all ages, full coverage on your policy costs $1,849 per year over and above liability coverage. That amount may make you wonder if buying full coverage is worth the expense. There is no clear-cut formula to stop paying for physical damage insurance, but there is a general guideline. If the annual cost of coverage is more than about 10% of replacement cost minus your deductible, the it may be a good time to stop paying for full coverage.
For example, let’s assume your vehicle’s claim settlement value is $4,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would get paid by your company is $3,000 after you pay the deductible. If you are paying over $300 a year for full coverage, then you might want to consider buying only liability coverage.
Here’s why you should compare rates often
California insurance rates are calculated based on many things that may substantially change the price you pay. Simply having a birthday, marrying your spouse, or getting into an accident may prompt premium changes that may make certain companies more affordable than the competition. Additionally, car insurance companies modify rates as needed to help ensure profitability. Higher than normal claims may result in additional price hikes, while a better claims history can result in more affordable Los Angeles car insurance rates.
The bar chart below shows the companies that have the cheapest car insurance in Los Angeles, CA for a 35-year-old female driver with no prior accidents, a clean driving record, and a high credit rating. When quoting prices based on her current rating profile, USAA quotes the lowest car insurance rates in Los Angeles at $1,843 a year. This is $192 more than the average rate paid by California drivers of $1,651. Wawanesa, CSAA, Nationwide, and Century National are also included in the cheapest Los Angeles, CA auto insurance companies.
In the next rate comparison, we’ll give the driver in the first example an accident claim, a lower credit rating, and an imperfect driving record. Because each insurer has a different formula for establishing rates, comparing quotes may now show a significantly different list of the cheapest car insurance companies in Los Angeles as shown below.
Grange now has the cheapest auto insurance in Los Angeles with Allstate, Mercury, GEICO, and Progressive completing the list. This demonstrates why drivers need to spend some time comparing rates to find the cheapest auto insurance quotes for veterans. Auto insurance prices can be altered by many things and can change substantially, so the best price the last time you compared rates may now be priced much higher than other options.
How to find the cheapest auto insurance for veterans
Here are some of the better penny-pinching suggestions that can help California drivers buy cheaper car insurance.
- If possible, do not file small claims
- Buying home and auto insurance together can earn discounts
- Improve your credit
- Full coverage is expensive so only insure older vehicles for liability only
- Safer vehicles cost less to insure
- Increase your physical damage deductibles
- Shop your coverage around for the best deal
The last idea is remarkably crucial, as we stressed in this write-up. Prices charged by car insurance companies in Los Angeles change a lot, so you should be ready to switch companies if a cheaper price is available. Sticking with a specific company is fine, but we do not recommend it if that faithfulness ends up costing you money that could be spent on other things. In just a few minutes you could shop around and find cheaper car insurance for veterans.
The insurance agencies listed below are a good start to help you determine which auto insurance policy fits you best, since lots of drivers aren’t clear which coverage they need and would like to have some professional guidance when shopping around for cheaper insurance for veterans. It can be hard to find the best rates on your own, and a professional agent can bring satisfaction knowing you have enough protection. To locate a Los Angeles auto insurance agent using an interactive map, click the link at the bottom or click here to compare price quotes.
Lisa Brown – State Farm Insurance Agent
1247 S La Brea Ave – Los Angeles, CA 90019 – (323) 954-9763
Derek Ennis – State Farm Insurance Agent
3717 S La Brea Ave #202 – Los Angeles, CA 90016 – (323) 294-9400
Sean Kim – State Farm Insurance Agent
2727 W Olympic Blvd #102 – Los Angeles, CA 90006 – (213) 480-3377
Helen Lee – State Farm Insurance Agent
2535 W Olympic Blvd – Los Angeles, CA 90006 – (213) 738-0700