Deciphering which company quotes the best auto insurance rates for drivers over age 50 may require a little more work in order to find the most economical policy. Each auto insurance company uses different criteria to establish rates, so we will examine the overall cheapest auto insurance companies in California.
Cheapest Insurance Rates for Age 50+
|Rank||Company||Cost Per Year|
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USAA normally has some of the cheapest car insurance rates in Chula Vista at around $1,143 a year. This is $508 less than the average policy premium paid by California drivers of $1,651. Century National, CSAA, Wawanesa, and Nationwide are also some of the cheaper Chula Vista, CA auto insurance companies.
As depicted above, if you are a policyholder with Wawanesa and switched to USAA, you could realize savings of in the neighborhood of $49. California drivers with Nationwide may save as much as $83 a year, and 21st Century insureds might reduce rates by $182 a year.
These policy prices are averaged for all insureds and vehicles and and are not calculated with an exact vehicle garaging location for drivers over age 50. So the insurer that fits your situation best may not even be in the top 24 companies in the list above. That underscores the importance of why you need to get rate quotes from many companies using your own driver data and vehicle information.
One of the many criteria that help determine car insurance rates is where you live in Chula Vista. Areas with a lot of weather claims or more people tend to have more expensive car insurance rates, whereas areas with lower crime rates and fewer weather claims tend to receive cheaper rates.
The table below rates the highest-priced areas in California for drivers over age 50 in which to purchase auto insurance. Chula Vista shows up at #25 with a yearly cost of $1,298 for the average policy, which is about $108 each month.
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Annual rates are approximated as specific Chula Vista garaging address can decrease or increase auto insurance rates noticeably.
The make and model of vehicle you are buying coverage for is probably the most important factor when quoting economical insurance for drivers over age 50. Vehicles with limited speed and performance, a plethora of safety features, or a positive history of liability claims will cost substantially less to insure than adrenaline junky models. The information below showcases insurance prices for a number of the cheapest vehicles to insure.
|Make and Model||Estimated Cost for Full Coverage|
|Hyundai Elantra GLS Touring Station Wagon||$788|
|Ford Escape XLT 4WD||$806|
|Honda CR-V EX-L 2WD||$814|
|Honda Accord EX-L 4-Dr Sedan||$856|
|Toyota Tacoma 4WD||$884|
|Ford Edge Limited 2WD||$916|
|Honda Odyssey EX||$922|
|Chevrolet Impala LS||$916|
|GMC Sierra SLE Regular Cab 2WD||$934|
|Chevrolet Malibu LS||$944|
|Toyota RAV4 4WD||$934|
|Dodge Grand Caravan SXT||$950|
|Ford Explorer Eddie Bauer AWD||$956|
|Ford Focus SEL 4-Dr Sedan||$966|
|Honda Civic LX-S 4-Dr Sedan||$974|
|Toyota Corolla LE||$984|
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Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Price information does not factor in specific zip code location which can lower or raise premium rates significantly.
Based upon the table data, you can presume that models like the Hyundai Elantra, Ford Escape, Honda CR-V, and Honda Accord will definitely be a few of the most affordable vehicles to insure for older drivers.
Types of discounts on Chula Vista auto insurance
Insurance providers that provide coverage for drivers over age 50 may provide special discounts that could potentially reduce rates by as much as 35% or more if you meet certain criteria. Companies and their offered discounts are outlined below.
- GEICO offers discounts for emergency military deployment, anti-theft, air bags, driver training, multi-vehicle, and defensive driver.
- Travelers offers premium reductions for hybrid/electric vehicle, save driver, continuous insurance, multi-car, and early quote.
- Nationwide may include discounts for Farm Bureau membership, easy pay, family plan, defensive driving, business or organization, and multi-policy.
- Farmers Insurance may have discounts that include distant student, youthful driver, electronic funds transfer, early shopping, and alternative fuel.
- Esurance has discounts for DriveSense, defensive driver, safety device, good student, homeowner, online shopper, and good driver.
- State Farm offers discounts including accident-free, good student, defensive driving training, multiple policy, safe vehicle, good driver, and passive restraint.
- Progressive discounts include multi-policy, online signing, good student, homeowner, and continuous coverage.
- Mercury Insurance has savings for accident-free, annual mileage, good driver, professional/association, anti-theft, type of vehicle, and good student.
The chart below shows the difference between premium costs with and without discounts applied to the rates. The premiums are based on a male driver, no violations or claims, California state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with vehicle safety, passive restraint, multiple vehicle, safe-driver, anti-theft, and marriage discounts applied. When discounts are applied, the average savings per year on auto insurance for drivers over age 50 is 30% or $828.
Safe drivers pay less for auto insurance
In a perfect world, the best way to enjoy the most affordable auto insurance rates in Chula Vista for older drivers is to be a safe driver and avoid accidents and keep your driving record clean. The chart below highlights how traffic violations and accidents raise insurance premiums for each different age group. The prices are based on a single male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are taken into consideration.
The data in the chart shows the average cost of a car insurance policy in Chula Vista per year with no accidents or violations is $3,093. Get one speeding ticket and the average cost hikes up to $3,488, an increase of $395 each year. Then add in two accidents along with the one speeding ticket and the 12-month cost of auto insurance for drivers over age 50 goes up to an average of $6,913. That’s an increase of $3,820, or $318 per month, just for not driving carefully!
Why you are probably overpaying for car insurance
California auto insurance rates are impacted by many things that can increase the price you have to pay for coverage. Simply improving your credit, buying higher coverage limits, or getting caught speeding can produce rate changes resulting in some rates now being cheaper in comparison to the competition.
In addition, insurance companies change their prices as often as every three months in order to protect their financial rating. A period of higher than normal claims can cause higher rates, while lower claim levels may produce cheaper Chula Vista car insurance rates.
To illustrate this example, the graph below shows the companies that have the cheapest car insurance in Chula Vista, CA for a 45-year-old male driver with no prior claims, no tickets, and solid credit. If we compare prices based on his personal risk profile, USAA has the best car insurance rates in Chula Vista at $1,143 per year. This is $508 less than the average premium paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide are the rest of the most affordable Chula Vista, CA auto insurance companies.
Now we will give the driver from the above example a claim, a lower credit rating, and a few blemishes on his driving record. Due to the fact that each insurance company has a different process for determining rates, comparing rates may now present a substantially altered list of the cheapest Chula Vista car insurance companies as shown below.
Grange now has the best car insurance rate in Chula Vista with Progressive, Allstate, Mercury, and Allied completing the list. This example proves why consumers need to take the time to shop around when trying to get the cheapest insurance rates for drivers over age 50.
Insurance prices are made up of many different factors and change frequently, so the lowest-price company the last time you compared rates may now not even be in the top five.
How to find cheaper insurance for drivers over age 50
It is possible to find better rates, and here are many thrifty suggestions that can help California drivers quote lower-cost auto insurance.
- Do not pay for comprehensive and collision coverage on older vehicles
- Do not get tickets or violations
- Maintaining good credit helps earn cheaper rates
- Raise deductibles to save money
- Avoid accidents and claims
- The safer your car, the less it costs to insure
- Shop around for cheaper prices
That last idea is very critical, as we emphasized in this piece. Auto insurance rates can be modified anytime, so drivers shouldn’t be resistant to buy from a different company if a cheaper price is available. Having a favorite company is fine, but it’s not a great idea if that stubbornness costs you potentially thousands of dollars a year. In just a few minutes you could compare rates and find cheaper auto insurance for drivers over age 50 in Chula Vista.
If you have coverage questions and would like to have a professional recommendation when comparing insurance rates for drivers over age 50, the insurance agencies below can probably help you make a decision which insurance coverage you need.
To locate a Chula Vista auto insurance agent in your neighborhood, click the button after the list.
- Farmers Insurance – Walter Harrison
680 Telegraph Canyon Rd #102 – Chula Vista, CA 91910 – (619) 585-3326
- Joaquin Alvarez – State Farm Insurance Agent
240 F St – Chula Vista, CA 91910 – (619) 425-1216
- Applied General Agency / Jake Widmer Insurance
1873 Marquette Rd – Chula Vista, CA 91913 – (619) 852-1013