Establishing which company offers the cheapest auto insurance rates with multiple speeding tickets may require a bit more work than just getting one or two price quotes. Each insurance company used slightly different criteria for filing rates in each state, so let’s take a look at the most competitive auto insurance companies in California.
Cheapest Insurance Rates with License Points
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USAA offers some of the cheapest car insurance rates in Chula Vista at around $1,121 annually. Wawanesa, Century National, CSAA, and Nationwide also make the cut as some of the lowest-priced Chula Vista, CA auto insurance companies.
As shown in the rates above, if you have coverage with Century National and switched to USAA, you could earn annual savings of about $93. Customers with CSAA might save as much as $101 a year, and Nationwide insureds might realize rate reductions of up to $105 a year.
To find the cheapest rates for your vehicle, click here to get quotes or feel free to get quotes from the companies below.
It’s important to note that these premium estimates are averaged for all ages of drivers and types of vehicles and do not factor in a specific vehicle garaging location with multiple speeding tickets. So the auto insurance company that has the cheapest price for you may not even be in the top 24 companies in the list above. That’s why you need to get auto insurance quotes using your own driver data and vehicle information.
After a few driving violations, one of the big components that are looked at to help calculate the cost of insurance is where you keep your car. Areas with more people or more claims will most likely pay more, whereas areas with lower vehicle theft rates and fewer weather claims receive better rates.
The table below shows the highest-priced areas in California with multiple speeding tickets to purchase auto insurance in. Chula Vista shows up at #25 having an annual price of $1,337 for the average policyholder, which is approximately $111 monthly.
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Prices are approximated as specific location information can alter coverage prices greatly.
Cost comparison with and without full coverage
Paying a lower price for auto insurance should be important to most drivers, and one good way to find cheap insurance with multiple speeding tickets is to only buy liability insurance. The example below illustrates the difference between yearly insurance costs with full physical damage coverage compared to only buying liability only. The premiums are based on no driving violations, no at-fault accidents, $500 deductibles, marital status is single, and no discounts are factored in.
As an average, physical damage insurance costs $2,772 per year over liability only. That is a big expense that brings up the question if you should buy full coverage. There isn’t a written rule to eliminate full coverage on your policy, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is more than 10% of the settlement you would receive from your company, then you might consider buying liability only.
There are some circumstances where buying only liability insurance is not recommended. If you still owe a portion of the original loan, you have to keep full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should keep full coverage on your policy.
The illustration below illustrates how your choice of deductibles can influence premium costs when getting quotes for cheap insurance with multiple speeding tickets. The prices are based on a single male driver, full coverage, and no discounts are factored in.
In the chart above, a 30-year-old driver could save $488 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $736 by choosing a $1,000 deductible. Younger drivers, like the Age 20 category, could reduce their rates $1,432 or even more by using a higher deductible. When increasing deductibles, it’s a good idea to have enough savings to be able to cover the extra out-of-pocket expense associated with higher deductibles.
Chances are good that you’re overpaying for Chula Vista car insurance
Chula Vista auto insurance rates are influenced by many factors that will increase or decrease the price you have to pay. Turning one year older, increasing deductibles, or getting a couple of tickets can trigger price changes resulting in some companies being cheaper than competitors. Not only may your risk profile change, but car insurance companies file new rates at least once a year to ensure their profitability. A period of higher than normal claims can cause higher rates, while lower claims may produce lower-priced Chula Vista car insurance rates.
To help illustrate this point, the data below shows a variety of companies that have the cheapest car insurance in Chula Vista, CA for a 40-year-old male driver with no prior accidents, a clean driving record, and solid credit. If we estimate prices based on his current risk profile, USAA may offer the cheapest car insurance rates in Chula Vista at $1,149 each year. This is $502 less than the average rate paid by California drivers of $1,651. Wawanesa, CSAA, Nationwide, and Century National are also on the list of the most affordable Chula Vista, CA auto insurance companies.
In the next rate comparison, we’ll give the driver from the first set of rates a chargeable claim, bad credit, and a couple of points charged on his driving record. Due to the fact that every auto insurer uses a different method for determining rates, analyzing rates will most likely result in a different ranking of cheap Chula Vista auto insurance companies as shown below.
Grange now has the best price on car insurance in Chula Vista, CA with Mercury, Progressive, GEICO, and Allstate completing the list. This example shows why it is so important to compare many different companies when trying to find the most budget-friendly insurance quotes with multiple speeding tickets.
Car insurance prices are calculated by many factors and can decrease or increase without notice, so the most economical option the last time you shopped your coverage around may now be one of the higher cost companies.