If you are thinking about purchasing or already have a car in California, it’s essential that you understand how much its insurance will cost. Car insurance premiums vary greatly based on various factors; among the most significant of which include age, driving record and coverage options which all help calculate risk and determine premium payments. Other considerations could include vehicle type driven by you (ie type and model of car), ZIP code of location where policy resides as well as whether there is an teen driver living within your household. MoneyGeek’s calculator can provide estimates by giving an average monthly quote for drivers with certain characteristics based on this calculator for average monthly premium payments for drivers with specific characteristics based on average monthly quotes provided from several characteristics of drivers with specific characteristics based on average monthly quotes given monthly quotes provided from drivers with specific characteristics of drivers with average monthly quotes tailored specifically for them based on average monthly quotes given per driver type in California for drivers of certain characteristics of drivers for different characteristics of drivers with specific characteristics of drivers with specific characteristics for drivers with specific characteristics.
Age is often the major determining factor when it comes to car insurance rates in California. Younger drivers, particularly those that recently earned their license, tend to pay more due to being seen as more likely to cause accidents or receive tickets than more experienced ones. As people get older their premiums should decrease provided that they maintain clean driving records with higher coverage limits.
Your vehicle choice can also have an enormous impact on your rates. Luxury models, like BMWs, tend to cost more in insurance due to more costly parts and higher repair bills. Other considerations, like driving it for an extended period, safety features or engine type may alter this estimate as well.
Driving record can have a major influence on your auto insurance rates in California. A DUI conviction, speeding ticket, or at-fault accident on your record can greatly increase your car insurance rate in this state; taking a defensive driving course or raising your deductible might help to decrease it.
Your coverage choices in California will have an effect on your car insurance premium. Opting for comprehensive and collision coverage usually costs more than choosing state minimum liability-only. However, these options could be necessary if there are valuables such as electronics or jewelry in the vehicle that need protection from theft or loss.
Location can have a dramatic effect on car insurance rates in California, since states vary in terms of laws and coverage requirements. Densely populated areas tend to have higher auto insurance premiums than their rural counterparts.
Many of these factors are also affected by other variables, including your credit score and claims history, while certain life events such as moving or marriage can have a large effect on car insurance rates in California. Therefore, to gain an accurate picture of your rates it’s wise to compare quotes. At GEICO we specialize in personalized car insurance quotes that take all these elements into consideration. Simply enter your information into our calculator and we will generate a list of companies offering competitive rates suited for your situation.