The words “bargain” and “auto insurance” really don’t belong together, specifically when you are shopping around for the best coverage prices for 17 year olds. In an attempt to save some money, let’s get started by showing you some of the factors that impact insurance prices, and find some ways to lower the cost of the next policy you buy.
For teen drivers, one of the big components that are looked at to determine auto insurance rates is where your car is garaged. Areas with a lot of weather claims or more people are more likely to have higher rates, whereas areas with fewer weather claims and lower vehicle theft rates have the enjoyment of a little cheaper coverage.
The information below shows the priciest cities in California for 17 year olds to purchase auto insurance in. Chula Vista is ranked at #22 with an annual cost of $1,350 for car insurance, which is around $113 per month.
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Rates are approximated as specific Chula Vista zip code can lower or raise prices considerably.
Finding out which company quotes the cheapest car insurance rates for 17 year olds will require a bit more effort in order to find the most economical policy. Each insurer has their own guidelines for filing rates in each state, so let’s take a look at the car insurance companies that tend to be cheaper in Chula Vista.
Keep in mind that Chula Vista car insurance rates are based on many factors which can substantially decrease or increase the price of coverage. Simply improving your credit, becoming a homeowner, or having a fender bender can cause premium changes that can now make some companies cheaper than competitors.
Lowest Insurance Price Quotes for Teens
|Rank||Company||Cost Per Year|
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USAA offers some of the cheapest car insurance rates in Chula Vista at around $1,143 annually. Wawanesa, CSAA, Century National, and Nationwide also are some of the most economical Chula Vista, CA car insurance companies.
In the above example, if you are currently insured with Century National and switched to USAA, you may realize a yearly price reduction of upwards of $71. Drivers with Nationwide may save as much as $107 a year, and 21st Century insureds might see rate reductions of $223 a year.
These estimates are averages for all ages of drivers and types of vehicles and and are not figured with an exact vehicle garaging location for 17 year olds. So the car insurance company that fits you best may not even be in the list above. That helps illustrate why you need to get car insurance quotes using your own specific driver and vehicle information.
The vehicle on the policy is probably the most important factor when consumers are trying to find the most affordable car insurance for 17 year olds. Vehicles with average performance, modern passenger safety features, or a low likelihood of liability claims will cost substantially less to insure than higher performance models. The information below ranks car insurance prices for the most affordable vehicles to buy coverage for.
|Vehicle||Estimated Cost for Full Coverage|
|Honda CR-V EX-L 4WD||$3,366|
|Ford Escape Limited 4WD||$3,585|
|Honda Odyssey LX||$3,702|
|Ford F-150 XL Regular Cab 4WD||$3,737|
|Volkswagen Jetta SE 2.5 Station Wagon||$3,837|
|Toyota Tacoma 2WD||$3,921|
|Toyota RAV4 Limited 4WD||$3,956|
|Chevrolet Malibu Hybrid||$3,963|
|Chevrolet Silverado LT Extended Cab 4WD||$3,956|
|Dodge Grand Caravan Crew||$3,991|
|Ford Explorer Eddie Bauer 4WD||$3,996|
|Jeep Wrangler Unlimited Sport 4WD 4-Dr||$4,134|
|Chevrolet Impala LTZ||$4,173|
|Ford Edge Limited AWD||$4,181|
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Premium 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. Rates do not factor in specific Chula Vista, CA garaging location which can influence rates noticeably.
Based on these rates, we can conclude that cars like the Honda CR-V, Ford Escape, and Toyota Prius will be some of the most affordable vehicles to insure for teen drivers. Rates will be higher anyway just due to the fact that there is more claim exposure for 17 year olds, but generally speaking those vehicles will most likely have the least expensive rates possible.
Price comparison of only insuring for liability
Buying cheaper car insurance is important to the majority of people, and an effective way to find cheap insurance for 17 year olds is to not buy comprehensive and collision coverage. The diagram below shows the difference between insurance rates with full physical damage coverage compared to only buying liability only. The premiums are based on no violations or claims, $500 deductibles, drivers are not married, and no discounts are taken into consideration.
If the expense is averaged for all age categories, comprehensive and collision coverage on your policy costs $2,075 per year more than just buying liability insurance. That is a large expense which might make you wonder if physical damage coverage is worth the money. There is no clear-cut formula to eliminate physical damage coverage, but there is a general convention. If the annual cost of comprehensive and collision coverage is about 10% or more of replacement cost minus your deductible, then you might want to consider buying only liability coverage.
For example, let’s pretend your vehicle’s book value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $4,000 after the policy deductible has been paid. If premium cost is more than $400 a year for your policy with full coverage, then it might be time to buy liability only.
There are a few cases where only buying liability is not a good plan. If you haven’t satisfied your loan, you are required to maintain full coverage to protect the lienholder’s interest. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should not eliminate full coverage.
Poor driving habits will raise your car insurance rates
In a perfect world, the best way to obtain low car insurance rates in California for teen drivers is to drive safely and avoid accidents and violations. The diagram below illustrates how violations and at-fault collisions impact insurance costs for each age group. The data assumes a single male driver, full physical damage coverage, $500 deductibles, and no discounts are taken into consideration.
The chart shows that the average cost of car insurance in California per year with no accidents or violations is $2,075. Get written up for two speeding tickets and the average cost hikes up to $2,743, an increase of $668 each year. Now include one accident along with the two speeding tickets and the annual cost of car insurance for 17 year olds increases to an average of $3,413. That’s an increase of $1,338, or $111 per month, just for not keeping your driving record clean!
You may be paying too much for car insurance
Chula Vista, CA car insurance rates are determined by lots of factors which can substantially decrease or increase the cost of coverage. Simply getting older, buying a home instead of renting, or getting a ticket for careless driving can trigger price changes that can cause some rates to be affordable when they were higher priced. Not only that, but auto insurance companies change premium rates every year in order to offset underwriting gains or losses. Higher than normal claim frequency or severity can cause increased rates, while long-term profits can produce more affordable Chula Vista car insurance rates.
To illustrate this point, the graph below shows the companies that have the cheapest car insurance in Chula Vista, CA for a 30-year-old female driver with no prior claims, no tickets, and solid credit. When quoting prices based on her current rating profile, USAA has the cheapest car insurance rates in Chula Vista at $1,148 each year. This is $503 less than the average premium paid by California drivers of $1,651. CSAA, Wawanesa, Century National, and Nationwide are also on the list of the best Chula Vista, CA auto insurance companies.
Let’s now give the driver from the first example an accident claim, bad credit, and a few blemishes on her driving record. Since each auto insurer has a unique approach for determining rates, comparing rates most likely will result in a different ranking of cheap Chula Vista auto insurance companies as shown below.
Grange now has the best insurance rate in Chula Vista, CA with Mercury, Progressive, Allied, and Allstate completing the list. This illustrates why consumers need to perform an extensive rate comparison when trying to find cheap insurance quotes for 17 year olds.
Rates are impacted by many things and can increase or decrease at any time, so the cheapest company two years ago may now be one of the more expensive options.
The professional agents shown below can aid you in deciding which policy is best, since some people have coverage questions and would like to get some professional advice when shopping for cheaper insurance for 17 year olds. It can be challenging to find coverage yourself, and insurance agents licensed in the state of California can provide comfort knowing your coverage gives you adequate protection in case of an accident or claim. To find a Chula Vista insurance agent near you, click the link at the bottom or click here to compare price quotes now.
- Hugo Aguilera – State Farm Insurance Agent
629 3rd Ave L – Chula Vista, CA 91910 – (619) 420-3227
- Farmers Insurance: Vega Julio V
799 Third Ave – Chula Vista, CA 91911 – (619) 426-0554
- L A Insurance
202 Broadway – Chula Vista, CA 91910 – (619) 476-1800