You have surely seen all the catchy advertisements from insurers like Allstate, Progressive, and GEICO that claim dirt cheap rates, so you should just pick the one with the best commercial, right?
It’s not quite that easy, unfortunately, as there are a ton of unknown aspects like the amount of coverage you want, the deductible level you need, how old you are, and if you have ever let your policy lapse. We are going to cover the different scenarios that increase car insurance cost and will hopefully give the reader a solid foundation to find cheaper car insurance in California.
The car, truck, or SUV you are buying coverage for is a large consideration that determines if you can find the best cheap auto insurance for drivers over age 50. Vehicles with lower performance, modern passenger safety features, or low incidents of liability claims will cost significantly less to insure than higher performance models. The table below outlines car insurance rates for some of the most budget-friendly vehicles to insure.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Honda CR-V EX 4WD||$1,312|
|Ford Escape Limited 2WD||$1,317|
|Volkswagen Jetta S 2.5 Station Wagon||$1,389|
|Ford Explorer XLT 2WD||$1,440|
|Dodge Grand Caravan CV||$1,450|
|Ford F-150 XL Regular Cab 4WD||$1,440|
|Ford Edge SE AWD||$1,489|
|Chevrolet Impala LS||$1,494|
|Chevrolet Equinox LS AWD||$1,517|
|Chevrolet Malibu Hybrid||$1,522|
|Ford Fusion S 4-Dr Sedan||$1,517|
|Chevrolet Silverado LS Extended Cab 4WD||$1,525|
|Toyota RAV4 Limited 4WD||$1,517|
|Toyota Tacoma Double Cab TRD Off-Road Package 4WD||$1,548|
|Start a Quote Go|
Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Estimates do not factor in zip code location which can influence insurance rates considerably.
Looking at the data, we can infer that vehicles like the Honda CR-V, Ford Escape, Volkswagen Jetta, Toyota Prius, and Ford Explorer are most likely to be some of the cheapest vehicles to insure for older drivers.
Establishing which companies offer the lowest-priced car insurance rates for drivers over age 50 will require a tad more effort in order to find the best policy. Each insurer used slightly different criteria for determining rates, so let’s examine the overall cheapest car insurance companies in Sacramento.
It’s important that you understand Sacramento car insurance rates are impacted by many factors which can significantly increase or decrease the cost of coverage. Simply having a birthday, increasing deductibles, or getting a reckless driving citation can trigger changes in premium that may make certain companies much cheaper than others.
Cheapest Insurance Rates for Age 50+
|Rank||Company||Cost Per Year|
|Get Personalized Rates Go|
USAA offers some of the cheapest car insurance rates in Sacramento at around $1,121 per year. CSAA, Century National, Wawanesa, and Nationwide also are some of the lowest-priced Sacramento, CA auto insurance companies.
As illustrated above, if you are a customer of Wawanesa and switched to CSAA, you could realize a yearly savings of about $6. Customers with Nationwide might save as much as $64 a year, and 21st Century customers might reduce prices by as much as $180 a year.
Remember that these premiums are averages across all insureds and vehicles and do not take into consideration an exact zip code location for drivers over age 50. So the company that can offer you the best price may not even be in the top 24 companies in the list above. That emphasizes why you need to quote rates from many companies using your own specific driver information and vehicle.
Get discount Sacramento insurance
Auto insurance companies that offer cheap quotes for drivers over age 50 may additionally offer premium discounts that can lower rates by 25% or more if you meet eligibility requirements. A few popular companies and some of the premium reductions they offer can be found below.
- State Farm has savings for student away at school, multiple policy, Drive Safe & Save, Steer Clear safe driver discount, and anti-theft.
- GEICO discounts include air bags, five-year accident-free, driver training, military active duty, and defensive driver.
- Liberty Mutual may offer discounts for teen driver discount, multi-policy, newly married, new vehicle discount, good student, newly retired, and exclusive group savings.
- The Hartford offers discounts for defensive driver, driver training, vehicle fuel type, bundle, air bag, and anti-theft.
- MetLife has discounts for defensive driver, good driver, accident-free, good student, and claim-free.
- Progressive offers premium reductions for online signing, continuous coverage, online quote discount, multi-policy, and good student.
The illustration below shows the comparison of car insurance rates with and without discounts applied to the premium. The data assumes a female driver, no claims or driving violations, California state minimum liability limits, comp and collision included, and $100 deductibles.
The first bar for each age group shows premium with no discounts. The second bar shows the rates with claim-free, homeowner, multiple policy, accident-free, marriage, and anti-theft discounts applied. With discounts applied, the average savings per year on car insurance for drivers over age 50 is 29% or $944.
Choosing the best insurer is difficult considering how many different insurance companies sell coverage in California. The company rank data listed below could help you select which coverage providers you want to consider when trying find the best insurance for drivers over age 50.
The rankings below only include the largest companies in the United States, so companies that may only write in California are not factored into the list. To compare rates and find cheaper insurance for drivers over age 50, click this link.
Top 10 Major Auto 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%
Here’s why you should compare rates often
Sacramento, CA car insurance rates are influenced by many factors which can substantially change the price you pay for coverage. Simply having a birthday, filing a claim, or having a fender bender can cause premium changes that can now make some companies cheaper than competitors.
Not only that, but companies change rates as needed as an adjustment for underwriting gains or losses. Higher than normal claim frequency or severity may cause increased rates, while lower claim levels can cause lower-priced Sacramento car insurance rates.
For example, the chart below analyzes the cheapest car insurance in Sacramento, CA for a 40-year-old male driver with a good driving record, no prior claims, and good financial standing. If we look at prices based on his current situation, USAA quotes the best car insurance rates in Sacramento at $1,441 annually. This is $210 less than the average premium paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide are the remaining most affordable Sacramento, CA auto insurance companies.
The example below compares rates after we give the driver from the first example a claim surcharge, a lower credit rating, and a blemish on his driving record. Due to the fact that every insurance company has a different formula for setting rates, analyzing rates could result in a slightly different list of the cheapest companies as shown below.
Grange now has the best price on car insurance in Sacramento, CA with Progressive, Mercury, Allied, and Allstate completing the list. This demonstrates why California drivers need to shop around when trying to get cheap auto insurance quotes for drivers over age 50. Auto insurance prices are determined by many things and can change substantially, so the cheapest company the last time you shopped your coverage around may now be wasting a lot of money.
How to find economical car insurance for drivers over age 50
It’s not impossible to find cheaper rates, and here are some of the better money-saving ideas that can help drivers buy cheaper car insurance.
- Raise deductibles
- Buying home and auto together can help save money
- Try to not file small claims
- Do not get traffic citations
- Drivers with good credit often pay less
- Prevent price hikes by avoiding at-fault accidents
- Check for cheaper rates once a year
The last suggestion is very necessary, as was noted in the prior information. Prices charged by car insurance companies can be changed at any time, so drivers shouldn’t be reluctant to switch companies if a better deal can be had. Brand loyalty is great, but it isn’t a good idea if that loyalty ends up costing a considerable chunk of change every month. Take a few minutes and shop around and find cheaper insurance for drivers over age 50 in Sacramento.
The agents shown below can help you make a decision which auto insurance policy fits you best, since some drivers aren’t sure which coverage they need and prefer to get some professional input when shopping for the best coverage for drivers over age 50. It can be challenging to find the cheapest auto insurance company, so professional agents can provide you peace of mind knowing you have suitable coverage if you ever need to use it. To find a Sacramento insurance agent by location nearest to you, click the link after the list.
Rich Williams – State Farm Insurance Agent
1001 26th St – Sacramento, CA 95816 – (916) 447-8560
McGee and Thielen Insurance Brokers
3840 Rosin Ct #245 – Sacramento, CA 95834 – (800) 901-9636
Cliff Cottam Insurance Services
1111 Howe Ave #535 – Sacramento, CA 95825 – (800) 807-6871