The words “bargain” and “auto insurance” really shouldn’t be used in the same sentence, specifically when trying to find the lowest insurance prices for real estate agents. Because it’s so expensive, let’s introduce you to some things the can have a considerable influence on car insurance premiums, and see how we can help you take a little off the next policy you buy.
For realtors, one of the big considerations that are looked at to determine the price you pay for insurance is where you keep your vehicle in Sacramento. Cities with larger populations or higher claim trends will most likely have higher rates, whereas more rural areas have the benefit of cheaper car insurance.
The next table ranks the most expensive cities in California for real estate agents to purchase a policy in. Sacramento is listed at #5 with the yearly price of $1,703 for car insurance, which is approximately $142 each month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Los Angeles | $2,168 |
| 2 | Glendale | $2,058 |
| 3 | Oakland | $1,738 |
| 4 | San Francisco | $1,711 |
| 5 | Sacramento | $1,703 |
| 6 | San Bernardino | $1,596 |
| 7 | Santa Clarita | $1,580 |
| 8 | Long Beach | $1,562 |
| 9 | Riverside | $1,542 |
| 10 | Stockton | $1,541 |
| 11 | Fontana | $1,535 |
| 12 | Garden Grove | $1,508 |
| 13 | Moreno Valley | $1,506 |
| 14 | Modesto | $1,502 |
| 15 | Santa Ana | $1,497 |
| 16 | Fresno | $1,472 |
| 17 | Anaheim | $1,444 |
| 18 | San Jose | $1,423 |
| 19 | Irvine | $1,384 |
| 20 | Bakersfield | $1,381 |
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Rate information is comparative as the specific Sacramento residence address can raise or lower auto insurance rates greatly.
The car, truck, or SUV you are seeking coverage for is probably the biggest factor that determines if you can find low-cost insurance for real estate agents. Vehicles with higher performance, poor safety features, or an increased likelihood of liability claims will cost much more to insure than more modest models.
The next table estimates insurance rates for some of the most economical vehicles to insure.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 4WD | $1,211 |
| Honda Odyssey LX | $1,302 |
| Toyota Prius | $1,312 |
| Ford Escape XLS 2WD | $1,357 |
| Ford Focus S 4-Dr Sedan | $1,376 |
| Toyota RAV4 Limited 2WD | $1,404 |
| Chevrolet Impala LTZ | $1,475 |
| Jeep Grand Cherokee Limited 2WD | $1,502 |
| Chevrolet Equinox LTZ AWD | $1,508 |
| Honda Civic Hybrid 4-Dr Sedan | $1,502 |
| GMC Sierra 2500HD SLT Extended Cab 4WD | $1,577 |
| Chevrolet Silverado Crew Cab Hybrid 2WD | $1,584 |
| GMC Sierra Denali Crew Cab 2WD | $1,604 |
| Nissan Altima 2.5 4-Dr Sedan | $1,606 |
| Jeep Wrangler Unlimited Sport 2WD 4-Dr | $1,633 |
| Toyota Tacoma Double Cab 4WD | $1,636 |
| Ford Edge Limited AWD | $1,690 |
| Chevrolet Malibu Hybrid | $1,717 |
| Volkswagen Jetta S 4-Dr Sedan | $1,726 |
| Chevrolet Silverado 2500HD LT Crew Cab 4WD | $1,720 |
| Nissan Rogue S 2WD | $1,725 |
| Dodge Ram 2500 Mega Cab Laramie 4WD | $1,735 |
| Ford Explorer Limited 4WD | $1,752 |
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Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Premium costs do not factor in garaging location in Sacramento, CA which can change rates substantially.
Based upon the rates shown, models like the Honda CR-V, Honda Odyssey, Toyota Prius, and Ford Escape will definitely be a few of the more affordable vehicles to insure for realtors.
Finding reasonably-priced insurance is hard enough, and finding out which companies offer the best insurance rates for real estate agents involves even more perseverance. Each insurance company has a proprietary method to establish rates, so first we will examine the most budget-friendly insurance companies in Sacramento.
Best Insurance Companies for Realtors
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,143 |
| 2 | Century National | $1,178 |
| 3 | Wawanesa | $1,192 |
| 4 | Nationwide | $1,213 |
| 5 | CSAA | $1,222 |
| 6 | 21st Century | $1,338 |
| 7 | Grange | $1,477 |
| 8 | Progressive | $1,512 |
| 9 | Mercury | $1,533 |
| 10 | Allstate | $1,559 |
| 11 | GEICO | $1,575 |
| 12 | Allied | $1,603 |
| 13 | MetLife | $1,606 |
| 14 | The Hartford | $1,623 |
| 15 | State Farm | $1,682 |
| 16 | Unitrin | $1,733 |
| 17 | Esurance | $1,756 |
| 18 | Bristol West | $1,777 |
| 19 | Travelers | $1,860 |
| 20 | Farmers | $2,006 |
| Get a Custom Quote Go | ||
USAA normally has some of the lowest car insurance rates in Sacramento at around $1,143 each year. Century National, Wawanesa, Nationwide, and CSAA are also some of the best Sacramento, CA insurance companies.
In the above example, if you are currently insured with Nationwide and switched to Century National, you could realize an annual premium reduction of about $35. Customers with CSAA may save as much as $44 a year, and 21st Century policyholders might reduce prices by as much as $160 a year.
Bear in mind that those rates are averaged across all types of insureds and vehicles and do not factor in a vehicle location for real estate agents. So the auto insurance company that is best for you may not even be in the list above. That affirms the importance of why you need to quote rates from as many companies as possible using your own driver and vehicle profiles.
Selecting the right insurer can be difficult considering how many choices drivers have in Sacramento. The company information displayed below can help you decide which providers you want to consider purchasing coverage from.
The rankings below include the largest companies in America, so companies with more of a regional focus are not factored into these rankings. To check prices from these top-rated insurers and more, click this link.
Top 10 Large Car Insurance Companies in Sacramento 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%
The chart below shows how choosing a deductible can raise or lower annual premium costs when quoting cheap insurance for real estate agents. The information is based on a married male driver, comp and collision included, and no additional discounts are factored in.
In the chart above, a 40-year-old driver could save $370 a year by increasing from a $100 deductible up to a $500 deductible, or save $556 by choosing a $1,000 deductible. Youthful drivers, such as the Age 20 example, can save up to $1,230 every year just by using higher deductibles. When insureds make the decision to increase the deductibles on their policy, it is a good idea to have enough spare savings to enable you to pay the extra out-of-pocket expense, which is the one shortcoming of high deductibles.
Careless driving habits raise insurance rates
In a perfect world, the best way to snag low insurance prices for realtors is to drive carefully and avoid accidents and violations. The diagram below demonstrates how speeding tickets and at-fault claims drive up insurance costs for different age groups of insureds. The information is based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no discounts are taken into consideration.
The data in the chart shows the average cost of auto insurance in Sacramento per year with no accidents and a clean driving record is $2,882. Add in one speeding ticket and the average cost hikes up to $3,312, an increase of $430 each year. Now add one accident along with the one speeding ticket and the 12-month cost of insurance for real estate agents increases to an average of $4,540. That’s an increase of $1,658, or $138 per month, just for not maintaining a clean driving record!
The importance of shopping around
Sacramento, CA insurance rates are based on many factors which can substantially change the cost of a policy. Getting older, moving to a new city, or getting a couple of tickets may generate price changes that can now make some companies cheaper in comparison to the competition.
Not only may your situation change, but companies amend pricing every year as an adjustment for underwriting gains or losses. Heavier than normal losses can cause higher prices, while a profitable period can cause cheaper Sacramento car insurance rates.
As an example, the data below analyzes the cheapest car insurance in Sacramento, CA for a 30-year-old female driver with no prior claims, no tickets, and a high credit rating. If we estimate prices based on her personal risk profile, USAA may offer the lowest car insurance rates in Sacramento at $1,371 each year. This is $280 less than the average price paid by California drivers of $1,651. Wawanesa, CSAA, Century National, and Nationwide also make the list of the cheapest Sacramento, CA auto insurance companies.
Now let’s give the driver from the first set of rates a claim, a lower credit score, and a speeding citation. Due to the fact that every insurance company has a proprietary method for filing rates in each state, comparing insurance quotes will most likely result in a different ranking of companies as shown below.
Grange now has the cheapest price in Sacramento, CA with Progressive, GEICO, Mercury, and Allied also having competitive pricing. This illustrates why it is crucial to compare lots of rates when trying to find the cheapest auto insurance quotes for real estate agents.
Car insurance prices can be altered by many factors and can increase or decrease at any time, so the most affordable company the last time you checked may now be wasting a lot of money.