Pretty sure you bought an overpriced auto insurance policy? You're preaching to the choir because you're not alone.

Statistics show that almost 70% of drivers kept their policy with the same company for more than four years, and virtually 40% of consumers have never shopped around. Santa Fe Springs consumers could save up to 35% every year, but they don't believe the large savings they would see if they moved their coverage to a different company.

Drivers have many auto insurance companies to choose from, and even though it's nice to have a selection, more choices can make it harder to compare rates.

Consumers need to compare prices occasionally because auto insurance prices change quite often. Despite the fact that you may have had the lowest rates on auto insurance on your last policy the chances are good that you can find a lower rate quote today. Forget all the misinformation about auto insurance because I'm going to teach you the easiest way to save on auto insurance.

Shopping around for the best-priced protection in Santa Fe Springs is not as difficult as people think. Basically, everyone who compares rate quotes for auto insurance will most likely be able to reduce their rates. But California car owners need to learn how insurance companies sell online and apply this information to your search.

How much is insurance in Santa Fe Springs, CA?

Most larger insurance companies allow consumers to get coverage prices direct online. Getting insurance prices online is pretty painless because you just enter the coverages you want on the page. After you submit the form the quote system pulls reports for credit and driving violations and returns a price quote based on these factors. This simplifies rate comparisons, and it's necessary to have as many quotes as possible in order to get cheaper insurance pricing.

To quickly compare pricing, compare rates from the companies below. If you have your current policy handy, we recommend you duplicate coverages and limits as shown on your current policy. Using the same limits helps guarantee you will receive a fair comparison for similar coverage.

The following companies provide price quotes in Santa Fe Springs, CA. To locate the cheapest auto insurance in California, we recommend you get rate quotes from several of them in order to get a fair rate comparison.

Insurance Price Estimates for Popular Vehicles in Santa Fe Springs
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Impala LS $1,142 $571 $95
Chevrolet Silverado LT Regular Cab 2WD $1,538 $769 $128
Dodge Ram Quad Cab SLT 2WD $1,458 $729 $122
Ford Escape Limited 4WD $1,048 $524 $87
Ford F-150 FX2 2WD $1,428 $714 $119
Ford Focus SEL 4-Dr Sedan $1,538 $769 $128
Honda Accord LX-P 4-Dr Sedan $1,002 $501 $84
Honda CR-V LX 2WD $1,428 $714 $119
Honda Civic SI 4-Dr Sedan $1,484 $742 $124
Honda Odyssey EX-L W/Navigation $1,080 $540 $90
Hyundai Elantra GLS 4-Dr Sedan $1,664 $832 $139
Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr $1,444 $722 $120
Mazda 3 S Sport 4-Dr Sedan $1,698 $849 $142
Nissan Altima 3.5 SR 2-Dr Coupe $1,256 $628 $105
Toyota Camry LE $1,322 $661 $110
Toyota Corolla S $1,454 $727 $121
Get Your Own Custom Quote Go

Data variables include married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Premium costs do not factor in the specific area where the vehicle is garaged which can affect premium rates significantly.

Rate comparison for different deductibles

One common question asked by Santa Fe Springs drivers is how high should the physical damage deductibles be. The following insurance rates may help to illustrate how much more you'll pay between low and high insurance deductibles. The first rate quote example uses a $250 deductible for physical damage and the second rate chart uses a $500 deductible.

Ford Escape rates are for example purposes only. To get rates for your specific vehicle, click here.

Ford Escape insurance prices with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $298 $472 $376 $22 $112 $1,305 $109
Escape XLS 4WD $298 $472 $376 $22 $112 $1,305 $109
Escape XLT 2WD $298 $472 $376 $22 $112 $1,305 $109
Escape Limited 2WD $342 $472 $376 $22 $112 $1,349 $112
Escape XLT 4WD $342 $472 $376 $22 $112 $1,349 $112
Escape Limited 4WD $342 $576 $376 $22 $112 $1,453 $121
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Ford Escape insurance prices with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $242 $382 $376 $22 $112 $1,134 $95
Escape XLS 4WD $242 $382 $376 $22 $112 $1,134 $95
Escape XLT 2WD $242 $382 $376 $22 $112 $1,134 $95
Escape Limited 2WD $278 $382 $376 $22 $112 $1,170 $98
Escape XLT 4WD $278 $382 $376 $22 $112 $1,170 $98
Escape Limited 4WD $278 $464 $376 $22 $112 $1,252 $104
Get a Quote for Your Vehicle Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Rate information does not factor in specific zip code location which can change insurance rates greatly.

Based on this data, using a $250 deductible costs roughly $14 more each month or $168 for a full year than buying the higher $500 deductible. Because you would pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you tend to have more than 18 months between claims, you would probably come out ahead if you choose the higher deductible.

Calculate deductible break even point

Average monthly premium for $250 deductibles: $112
Average monthly premium for $500 deductibles (subtract): - $98
Monthly savings from raising deductible: $14
Difference between deductibles ($500 - $250): $250
Divide difference by monthly savings: $250 / $14
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 18 months

Save money on auto insurance with these discounts

Car insurance is not cheap, but you can get discounts that could help you make your next renewal payment. Some discounts apply automatically at the time of quoting, but less common discounts must be inquired about before being credited.Save money with discounts

Keep in mind that most credits do not apply to the entire policy premium. Most only cut the cost of specific coverages such as liability, collision or medical payments. So even though you would think all those discounts means the company will pay you, auto insurance companies aren't that generous.

To see a list of companies with discount rates in California, click here.

What determines how much you pay?

Many things are part of the equation when pricing auto insurance. Some of the criteria are obvious like your driving record, although some other factors are not quite as obvious like your vehicle usage or how financially stable you are.

Does your employer cost you more? - Do you have a high-stress occupation? Occupations like lawyers, airline pilots, and accountants generally have higher rates than the rest of us in part from stressful work requirements and long work days. On the other hand, jobs like farmers, students and performers get better rates.

Single vs. married - Walking down the aisle may earn you lower rates on your policy. It means you're less irresponsible and statistics show married drivers tend to file fewer claims.

Age of drivers impacts premiums - Mature drivers tend to be more responsible, are lower risk to insure, and are generally more financially stable.Teen drivers have a tendency to be easily distracted behind the wheel so they pay higher insurance rates.

Claim-free discounts can add up - If you are a frequent claim filer, you can expect either policy cancellation or increased premiums. Companies in California provide better rates to people who are claim-free. Your car insurance is designed for larger claims.

Amount of liability protection - Liability coverage is the protection if you are responsible for damages caused by your negligence. It provides you with a defense in court starting from day one. It is affordable coverage compared to physical damage coverage, so insureds should have plenty of protection for their assets.

Insurance can be complex

Always keep in mind that when comparing coverage, there really is not a one-size-fits-all type of policy. Your situation is unique.Safe vehicles cost less to insure

These are some specific questions could help you determine whether your personal situation will benefit from professional help.

If it's difficult to answer those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you don't have a local agent, simply complete this short form.

Cheap car insurance is out there

Cost effective car insurance is definitely available online and with local Santa Fe Springs insurance agents, and you should compare rates from both to get a complete price analysis. Some car insurance companies may not have online price quotes and most of the time these smaller providers sell through local independent agents.

When you buy Santa Fe Springs auto insurance online, it's not a good idea to reduce needed coverages to save money. There have been many situations where drivers have reduced liability coverage limits and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

Drivers leave their current company for a variety of reasons including high prices, an unsatisfactory settlement offer, lack of trust in their agent or denial of a claim. It doesn't matter what your reason, choosing a new company is not as hard as you think.

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