The car, truck, or SUV needing coverage is probably the largest consideration that determines the availability of low-cost coverage for good students. Vehicles with lower acceleration and performance, advanced safety features, or a low likelihood of liability claims will cost quite a bit less to insure than adrenaline junky models.
The list below illustrates insurance prices for a number of the most affordable vehicles to insure in California.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord EX 4-Dr Sedan | $8,181 |
| Ford Escape XLT 4WD | $8,268 |
| Honda CR-V EX-L 4WD | $8,273 |
| Jeep Wrangler Sport 4WD 2-Dr | $8,550 |
| Toyota Prius | $8,887 |
| Ford Edge SE 2WD | $9,083 |
| Ford F-150 STX Regular Cab 4WD | $9,170 |
| Honda Odyssey EX W/Rear Entertainment | $9,619 |
| Chevrolet Impala LS | $9,625 |
| Toyota Camry LE | $9,706 |
| Dodge Grand Caravan Hero | $9,711 |
| Toyota Tacoma Double Cab 4WD | $9,706 |
| Chevrolet Equinox LS 2WD | $9,714 |
| Start Your Quote Go | |
Table data assumes single male driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include safe-driver, and claim-free. Rate information does not factor in specific zip code location which can modify prices noticeably.
By looking at the data, you can infer that models like the Honda Accord, Ford Escape, Honda CR-V, and Jeep Wrangler will definitely be some of the most budget-friendly vehicles to insure for student drivers.
Finding out which company quotes the cheapest insurance rates for good students involves a little more effort in order to find the best price.
Each auto insurer uses their own method for determining prices, so we will examine the insurance companies with the overall best prices in California. It’s a good idea to know that Los Angeles, CA insurance rates are influenced by many factors which can substantially change the cost of a policy. Improving your credit rating, marrying your spouse, or having an accident can cause premium changes that may make certain companies more affordable than before.
Best Car Insurance Prices for Students
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,121 |
| 2 | Wawanesa | $1,157 |
| 3 | Century National | $1,226 |
| 4 | CSAA | $1,234 |
| 5 | Nationwide | $1,263 |
| 6 | 21st Century | $1,366 |
| 7 | Grange | $1,491 |
| 8 | Progressive | $1,512 |
| 9 | Allstate | $1,543 |
| 10 | Mercury | $1,548 |
| 11 | Allied | $1,556 |
| 12 | GEICO | $1,575 |
| 13 | The Hartford | $1,591 |
| 14 | MetLife | $1,606 |
| 15 | Unitrin | $1,699 |
| 16 | State Farm | $1,733 |
| 17 | Esurance | $1,739 |
| 18 | Bristol West | $1,849 |
| 19 | Travelers | $1,860 |
| 20 | Farmers | $2,026 |
| Get a Custom Quote Go | ||
USAA may offer some of the most affordable car insurance rates in Los Angeles at around $1,121 annually. This is $530 less than the average premium paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide would also make the list of some of the cheapest Los Angeles, CA car insurance companies.
As depicted above, if you currently have coverage with CSAA and switched to Wawanesa, you could see savings of in the neighborhood of $77. Insureds with Nationwide might save as much as $106 a year, and 21st Century insureds might realize rate reductions of up to $209 a year.
Remember that these prices are averaged for all types of drivers and the different vehicles they drive and and are not calculated with an exact vehicle garaging location for good students. So the company that can offer you the best rate may not even be in the top 24 companies shown above. That is why you need to get car insurance quotes using your own specific driver and vehicle information.
One of the more important factors that aid in calculating auto insurance rates is where you live in Los Angeles. Areas with more people or more claims tend to have higher auto insurance costs, whereas areas with less congestion tend to receive cheaper rates.
The information below rates the most expensive places in California for good students in which to purchase auto insurance. Los Angeles comes in at #1 with a yearly cost of $2,168 for the average insured, which is about $181 monthly.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Los Angeles | $2,168 |
| 2 | Glendale | $2,079 |
| 3 | Oakland | $1,755 |
| 4 | San Francisco | $1,745 |
| 5 | Sacramento | $1,652 |
| 6 | San Bernardino | $1,596 |
| 7 | Stockton | $1,588 |
| 8 | Santa Clarita | $1,580 |
| 9 | Fontana | $1,566 |
| 10 | Long Beach | $1,562 |
| 11 | Garden Grove | $1,554 |
| 12 | Moreno Valley | $1,551 |
| 13 | Riverside | $1,542 |
| 14 | Modesto | $1,502 |
| 15 | Anaheim | $1,488 |
| 16 | Santa Ana | $1,483 |
| 17 | Fresno | $1,472 |
| 18 | Fremont | $1,403 |
| 19 | Huntington Beach | $1,402 |
| 20 | Bakersfield | $1,394 |
| Quote Best Rates Go | ||
Rate information is approximated as the vehicle garaging location can influence auto insurance rates considerably.
Do you need full coverage?
Reducing the cost of insurance is probably important to most vehicle owners, and one of the fastest ways to pay less for insurance for good students is to buy only liability coverage. The example below shows the comparison of insurance rates with full coverage compared to only the California minimum liability coverage. The costs are based on no accidents or driving violations, $1,000 deductibles, single marital status, and no policy discounts are applied.
If we average all the age groups together, full coverage on your policy costs $2,003 per year more than just insuring for liability. That touches on the question if buying full coverage is worth the expense. There is no set rule to stop paying for full coverage, but there is a general guideline. If the annual cost of coverage is more than around 10% of the vehicle’s replacement cost less your deductible, then it could be time to drop full coverage.
There are some conditions where eliminating full coverage is not a good idea. If you have an outstanding loan on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not eliminate full coverage.
The example below shows how choosing a deductible can raise or lower yearly insurance costs when quoting cheap insurance for good students. The data assumes a single female driver, full physical damage coverage, and no discounts are applied.
As shown above, a 50-year-old driver could reduce rates by $490 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $736 by using a $1,000 deductible. Younger drivers, like the 20-year-old, could reduce their rates $1,246 annually by choosing larger deductibles on their policy. When increasing deductibles, it is essential to have additional savings on hand to enable you to pay the extra out-of-pocket expense that is associated with using high deductibles.
Driving violations and accidents
In a perfect world, the best way to enjoy the most affordable insurance premiums for student drivers is to be an attentive driver and not receive tickets or have accidents. The information below demonstrates how citations and at-fault fender-benders impact annual premium costs for different age groups. The rate quotes are based on a married male driver, comp and collision included, $500 deductibles, and no other discounts are factored in.
The data charted above shows the average cost of a car insurance policy in Los Angeles per year with no accidents and a clean driving record is $2,396. Get one speeding ticket and the average cost increases to $2,757, an increase of $361 each year. Then add in two accidents along with the one speeding ticket and the yearly cost of insurance for good students jumps again to an average of $5,980. That’s an increase of $3,584, or $299 per month, just for being a little careless behind the wheel!
How to find more affordable car insurance for good students
It’s not impossible to find cheaper rates, and here are some of the better thrifty suggestions that can help you quote more affordable coverage.
- Remove physical damage coverage on older vehicles
- Lower rates by purchasing a safer vehicle
- Increase deductibles to save money
- Clean up your credit
- Bundle home and auto and save
- Earn discounts for being claim-free
- Compare rates and switch if you can find a better deal
The last suggestion is extremely critical, as was stressed in the article above. Prices charged by auto insurers can change significantly in a year, so don’t hesitate to change insurance companies if a cheaper price is available. Having a favorite company is fine, but is isn’t recommended if that faithfulness ends up costing you potentially thousands of dollars a year. Spend a few minutes and compare prices to find cheaper car insurance for good students in Los Angeles.
The auto insurance agents in Los Angeles shown below can probably provide answers to your questions and help you determine which coverages and limits you need, as some people prefer to have a little guidance when trying to find the best insurance rates for student drivers. It can be difficult to find the best policy on your own, so professional agents can give you satisfaction knowing your policy gives you suitable coverage if you ever need to use it.
To find a Los Angeles insurance agent in your neighborhood, click the button below the list.
- Oleg Avanesov – State Farm Insurance Agent
12245 California Route 2 – Los Angeles, CA 90025 – (310) 826-8700 - Anthony Elliot Insurance Agency, Inc.
3349 Cahuenga Blvd W #2 – Los Angeles, CA 90068 – (323) 876-1980 - Starco Insurance
1905 S Western Ave #19 – Los Angeles, CA 90018 – (310) 215-9991 - Patricia Aleman – State Farm Insurance Agent
3222 Glendale Blvd b – Los Angeles, CA 90039 – (323) 644-0900 - Bob Little – State Farm Insurance Agent
11654 W Pico Blvd – Los Angeles, CA 90064 – (310) 478-2001