Determining which company has the cheapest car insurance rates for seniors requires a tad more effort than just getting one or two price quotes. Each auto insurer has their own formula to set premium rates, so let’s take a look at the most affordable car insurance companies in California.
Keep in mind that Chula Vista, CA car insurance rates are determined by lots of factors which can substantially change the price you pay for coverage. Simply having a birthday, having a teenage driver, or having an accident can produce rate changes that can cause some rates to be cheaper than competitors.
Find Cheaper Car Insurance for Mature Drivers
|Rank||Company||Cost Per Year|
|Find Cheaper Rates Go|
USAA may have some of the best car insurance rates in Chula Vista at around $1,121 annually. This is $530 less than the average policy premium paid by California drivers of $1,651. Wawanesa, Nationwide, Century National, and CSAA are also some of the cheaper Chula Vista, CA car insurance companies.
As illustrated above, if you are a customer of Century National and switched to USAA, you may see a yearly savings of about $93. California drivers with CSAA may save as much as $113 a year, and 21st Century insureds might lower prices by up to $204 a year.
If you would like to find cheaper car insurance rates, click here or visit several of the following companies.
These rates are averaged across all types of drivers and the different vehicles they drive and do not factor in an exact zip code location for seniors. So the car insurance company that is best suited for you may not even be in the top 24 companies shown above. That helps illustrate why you need to quote rates from many companies using your own specific driver information and vehicle.
One of the more important considerations that aid in calculating the annual cost of car insurance is where you call home in Chula Vista. Regions with larger populations or more claims tend to pay more, whereas areas with lower vehicle theft rates and fewer weather claims receive better rates.
The illustration below lists the most expensive cities in California for seniors in which to buy car insurance. Chula Vista is ranked #24 with the annual price of $1,350 for coverage, which is about $113 each month.
|Rank||City||Average Per Year|
|Find Cheaper Rates Go|
Premium amounts are estimated as the specific geographic location can decrease or increase coverage rates greatly.
The vehicle model to be insured is a large factor when consumers are trying to find the most affordable coverage for seniors. Vehicles with lower performance, modern passenger safety features, or a positive history of liability claims will cost quite a bit less to insure than fast, unsafe models. The table below ranks car insurance costs for a number of the more affordable automobiles to buy insurance for.
|Vehicle||Estimated Cost for Full Coverage|
|Hyundai Elantra GLS Touring Station Wagon||$658|
|Honda CR-V EX-L 2WD||$674|
|Ford Escape Limited 4WD||$714|
|Jeep Wrangler Sport Islander Package 4WD 2-Dr||$720|
|Dodge Grand Caravan SE||$736|
|Ford Explorer Eddie Bauer 2WD||$744|
|Ford F-150 XLT Regular Cab 4WD||$736|
|Toyota Tacoma 2WD||$760|
|Volkswagen Jetta SE 2.5 Station Wagon||$772|
|Toyota Camry LE||$776|
|Toyota RAV4 Limited 4WD||$783|
|Chevrolet Impala LT||$776|
|Chevrolet Malibu LT||$792|
|Dodge Ram Quad Cab ST 2WD||$794|
|Honda Civic LX 4-Dr Sedan||$802|
|Ford Edge Sport AWD||$818|
|Find Cheaper Rates Go|
Table data represents married male driver age 60, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Estimates do not factor in specific location information which can alter rates substantially.
Based upon the table data, you can expect cars like the Hyundai Elantra, Honda CR-V, and Ford Escape will be some of the less-costly vehicles to insure for senior citizens.
Careless Chula Vista drivers pay higher rates
The obvious way to find low car insurance rates in California for senior citizens is to drive cautiously and avoid getting tickets or having accidents. The chart below shows how traffic citations and accident claims increase insurance costs for each age group. The information is based on a married female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are taken into consideration.
The data in the chart shows the average cost of an auto insurance policy in Chula Vista per year with a clean driving record and no accidents is $2,121. Add in one speeding ticket and the average cost swells to $2,476, an increase of $355 each year. Now add in one accident along with the one speeding ticket and the 12-month cost of car insurance for seniors jumps again to an average of $3,475. That’s an increase of $1,354, or $113 per month, just for not keeping your driving record clean!
Cost difference between full coverage and liability
Paying less for car insurance is the goal of most drivers, and a good way to buy cheaper insurance for seniors is to only buy liability insurance. The illustration below illustrates the difference between yearly insurance costs when comparing full coverage to liability only. The prices are based on no accidents, no driving violations, $100 deductibles, drivers are single, and no other discounts are factored in.
Averaged for all ages 20 through 70, comprehensive and collision coverage on your policy costs $3,385 per year more than carrying just liability coverage. At some point, every insured wonders if it’s worth it to buy full coverage. There is no specific rule to stop paying for comp and collision coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than 10% of the vehicle’s replacement cost less your deductible, the it may be a good time to stop paying for full coverage.
For example, let’s say your vehicle’s book value is $9,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would receive is $8,000 after paying your deductible. If you are paying over $800 annually for comprehensive and collision coverage, then it might be time to buy liability only.
There are some cases where dropping full coverage is not financially feasible. If you haven’t paid off your 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 in an accident, you should not remove full coverage.
Get discounts on Chula Vista insurance rates
Auto insurance companies that offer quotes for seniors may additionally offer premium discounts that can reduce rates by 40% or more if you meet specific eligibility requirements. Popular car insurance companies and a selection of discounts can be found below.
- Progressive has discounts for homeowner, multi-policy, continuous coverage, multi-vehicle, good student, online quote discount, and online signing.
- SAFECO may include discounts for multi-car, teen safe driver, drive less, anti-lock brakes, anti-theft, and safe driver.
- American Family policyholders can earn discounts including mySafetyValet, good student, good driver, multi-vehicle, early bird, air bags, and TimeAway discount.
- MetLife discounts include good student, claim-free, multi-policy, defensive driver, and good driver.
- GEICO may have discounts that include daytime running lights, membership and employees, multi-policy, good student, and multi-vehicle.
- The Hartford has savings for vehicle fuel type, air bag, bundle, defensive driver, and good student.
The example below shows the difference between auto insurance rates with and without discounts applied to the premium. The premium estimates are based on a female driver, no claims, a clean driving record, California state minimum liability limits, full coverage, and $250 deductibles.
The first bar for each age group shows the average rate with no discounts. The second shows the rates with marriage, multiple policy, anti-theft, safe-driver, claim-free, and multiple vehicle discounts applied. In this example, theamount saved on car insurance for seniors is 29% or $642.
Ideas for finding economical insurance for seniors
The list below shows some penny-pinching solutions that can help Chula Vista drivers locate more affordable car insurance.
- Bundle home and auto and save
- If your vehicles are older, consider dropping full coverage
- Buy a car with high safety ratings
- Pay lower rates with good credit
- Frequent claims may make car insurance unaffordable
- Increase deductibles to save money
- Shop around for cheaper prices often
The final tip is very vital, as we discussed in the prior information. Insurance rates in Chula Vista adjust frequently, so don’t be tentative to change insurance companies if you can save money.
Sticking with a specific company is fine, but we do not recommend it if that loyalty results in overpaying a small fortune. Spend a few minutes and shop around to find cheaper insurance for seniors.
If you have coverage questions and would like to have a professional recommendation when trying to find the best insurance rates for seniors, the insurance agencies listed below are a good start to provide answers to your questions and help you determine which policy is best.
To locate a Chula Vista insurance agent close to where you live, click the button below the list.
Allstate Insurance: Candy Raya
985 Broadway j – Chula Vista, CA 91911 – (619) 691-8111
GEICO Insurance Agent
386 E H St Suite 203 – Chula Vista, CA 91910 – (619) 264-1751
Fred Hetter – State Farm Insurance Agent
265 E St Suite B – Chula Vista, CA 91910 – (619) 420-9430