Figuring out which company has the lowest-priced insurance rates for good drivers involves a tad more effort than just picking a company at random. Each auto insurance company has a proprietary formula to set their prices, so let’s examine the overall cheapest insurance companies in California.
Lowest Insurance Price Quotes for Good Drivers
|Rank||Company||Cost Per Year|
|Find Your Rate Go|
USAA normally has some of the best car insurance rates in Sacramento at around $1,143 a year. This is $508 less than the average premium paid by California drivers of $1,651. Wawanesa, Century National, Nationwide, and CSAA also qualify as some of the more affordable Sacramento, CA car insurance companies.
As the example above demonstrates, if you currently buy coverage from CSAA and switched to Wawanesa, you might realize an annual premium reduction of in the vicinity of $65. Policyholders with 21st Century could save as much as $222 a year, and Grange customers might reduce rates by $290 a year.
Be aware that those premiums are averaged across all ages of drivers and types of vehicles and do not factor in a specific vehicle garaging location for good drivers. So the auto insurance company that is most affordable for your situation may not even be in the top 24 companies shown above. That underscores the importance of why you need to quote rates from many companies using your own specific driver information and vehicle.
The vehicle you are buying coverage for is probably the most important factor when comparing quotes for the best coverage for good drivers. Vehicles with lots of speed or power, poor safety features, or high incidents of liability claims will cost more to insure than more economical and safe models. The information below outlines car insurance rates for the cheapest automobiles to buy coverage for.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Ford Escape XLS 2WD||$1,215|
|Hyundai Elantra GLS Touring Station Wagon||$1,222|
|Ford Explorer XLT 2WD||$1,362|
|Honda CR-V EX-L 4WD||$1,365|
|Toyota Camry LE||$1,439|
|Honda Odyssey LX||$1,509|
|Ford Edge Sport AWD||$1,516|
|Chevrolet Silverado LT Regular Cab||$1,541|
|Chevrolet Equinox LTZ AWD||$1,543|
|Nissan Altima Hybrid 4-Dr Sedan||$1,552|
|Ford F-150 FX2 Super Cab 2WD||$1,546|
|Volkswagen Jetta LE 4-Dr Sedan||$1,576|
|Ford Focus SES 2-Dr Coupe||$1,618|
|Jeep Grand Cherokee Laredo 2WD||$1,621|
|Chevrolet Impala LT||$1,628|
|Chevrolet Malibu Hybrid||$1,621|
|Toyota RAV4 Limited 4WD||$1,631|
|Honda Civic VP 4-Dr Sedan||$1,630|
|Toyota Camry Hybrid||$1,645|
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Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Prices do not factor in the specific area where the vehicle is garaged which can revise premiums significantly.
Based on these rates, makes and models like the Ford Escape, Hyundai Elantra, Ford Explorer, and Honda CR-V should be a few of the more affordable vehicles to insure for safe drivers.
Difference between liability only and full coverage rates
Finding the cheapest insurance is the goal of the majority of vehicle owners, and a great way to pay less for insurance for good drivers is to buy only liability coverage. The information below shows the difference between insurance premiums with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data assumes no accidents or driving violations, $1,000 deductibles, single status, and no discounts are applied.
If we average all the age groups together, full coverage costs $2,467 per year more than just insuring for liability. That proposes the question if you should buy full coverage. There is no written rule for excluding full coverage, but there is a general school of thought. If the yearly cost of comp and collision coverage is about 10% or more of the replacement cost minus the deductible, then you may need to consider dropping full coverage.
There are a few situations where dropping full coverage is not a good plan. If you haven’t satisfied your loan, you have to keep 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 damaged, you should not drop full coverage.
The example below demonstrates how choosing different deductibles can raise or lower insurance costs when researching cheap insurance for good drivers. The information is based on a married male driver, full physical damage coverage, and no additional discounts are factored in.
As shown above, a 40-year-old driver could lower their policy premium by $416 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $626 by changing to a $1,000 deductible. Even younger insureds, such as the 20-year-old chart data, could save as much as $1,398 or more just by choosing higher deductibles when buying full coverage. When using a larger deductible, it is a good idea to have enough spare savings to cover the extra out-of-pocket expense that comes with higher deductibles.
Reckless driving habits raise Sacramento insurance rates
The recommended way to receive good insurance prices in Sacramento for safe drivers is to drive safely and avoid at-fault accidents and violations. The chart below illustrates how speeding tickets and at-fault fender-benders increase annual premium costs for different age groups of insureds. The rate quotes are based on a single male driver, comprehensive and collision coverage, $100 deductibles, and no discounts are applied.
In the previous example, the average cost of a car insurance policy in California per year with no violations or accidents is $2,525. Factor in two speeding tickets and the average cost jumps to $3,354, an increase of $829 each year. Now throw in two accidents along with the two speeding tickets and the 12-month cost of insurance for good drivers jumps again to an average of $6,291. That’s an increase of $3,766, or $314 per month, just for not driving attentively!
Here’s why you should shop around
Sacramento insurance rates are influenced by many factors that control the policy price. Simply getting older, buying a different vehicle, or getting a DUI can trigger rate changes that may make certain companies more affordable than competitors. And not only may your rating factors change, but companies change the rates they charge in California as often as every quarter as an adjustment for underwriting gains or losses. Significantly higher claims may cause increased policy costs, while profitable underwriting can result in cheaper Sacramento car insurance rates.
For example, the chart below shows the companies that have the cheapest car insurance in Sacramento, CA for a 40-year-old female driver with no violations or accidents, and a decent credit rating. If we estimate rates based on her personal risk profile, USAA might offer the best car insurance rates in Sacramento at $1,421 per year. This is $230 less than the average rate paid by California drivers of $1,651. Wawanesa, Nationwide, Century National, and CSAA round out the rest of the best Sacramento, CA auto insurance companies.
Now we will pretend the driver in the first example a couple of claims, a little lower credit rating, and a couple of points charged on her driving record. Since every insurance provider has their own unique process for filing rates in each state, analyzing rates will most likely result in a significantly different list of companies as shown below.
Grange now has the best insurance rate in Sacramento with Mercury, Allstate, Allied, and Progressive also being competitive. This shows why Sacramento drivers need to compare rates when trying to get affordable insurance quotes for good drivers.
Auto insurance prices can be altered by many different factors and change substantially, so the cheapest company when you bought your policy may now be one of the higher cost companies.
If you have questions and prefer to have a professional recommendation when buying car insurance for good drivers, the insurance agencies below are a good start to help you make a decision which insurance coverage will be best for you. To locate a Sacramento auto insurance agent close to where you live, click the button below the list or click here to compare price quotes now.
Peter S Schiro Ins Agcy Inc
1515 30th St #200 – Sacramento, CA 95816 – (916) 444-9787
Nationwide Insurance: Rielli Insurance and Financial Services LLC
7 Parkcenter Dr #125 – Sacramento, CA 95825 – (916) 234-1490
Brian Clark – State Farm Insurance Agent
2331 El Camino Ave – Sacramento, CA 95821 – (916) 488-2212
Nationwide Insurance: Welcome Financial Inc
1102 Jefferson Blvd c – West Sacramento, CA 95691 – (916) 231-3558
Foster and Parker Insurance Agency
2020 Hurley Way – Sacramento, CA 95825 – (916) 481-0689