If online insurance comparisons are new to you, chances are good that you are confused by the confusing number of local and online companies that all promise the best rates.
Unthinkable but true, the vast majority of consumers have purchased from the same company for four years or more, and practically 40% of insurance customers have never compared insurance rates at all. Merced consumers could cut their rates by $469 a year, but they just don't understand how easy it is to compare rates and save money.
If you have insurance now, you will most likely be able to cut your premiums using the ideas covered in this article. Quoting and comparing rates for cheaper policy in Merced is simple if you know the tricks. But California drivers benefit from understanding how big insurance companies determine what you pay and use it to your advantage.
Auto insurance companies in Merced
The providers in the list below have been selected to offer quotes in Merced, CA. If multiple companies are listed, we suggest you click on several of them to get the cheapest price.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Equinox LS AWD||$1,490||$745||$124|
|Chevrolet Malibu LTZ||$1,490||$745||$124|
|Chevrolet Silverado LS Extended Cab 4WD||$1,048||$524||$87|
|Dodge Ram Quad Cab TRX4 Off Road 4WD||$1,372||$686||$114|
|Ford Escape Limited 2WD||$990||$495||$83|
|Ford F-150 Lariat Crew Cab Platinum 4WD||$1,312||$656||$109|
|Ford Focus SE 4-Dr Sedan||$1,264||$632||$105|
|Ford Fusion Hybrid 4-Dr Sedan||$1,478||$739||$123|
|Honda Accord EX 2-Dr Coupe||$1,724||$862||$144|
|Honda CR-V EX-L 2WD||$1,294||$647||$108|
|Honda Civic GX 4-Dr Sedan||$1,956||$978||$163|
|Nissan Altima 2.5 S 2-Dr Coupe||$1,744||$872||$145|
|Toyota Camry SE||$1,416||$708||$118|
|Toyota Corolla LE||$1,232||$616||$103|
|Toyota RAV4 Limited 2WD||$1,332||$666||$111|
|Volkswagen Jetta 2.0T 4-Dr Sedan||$1,486||$743||$124|
|Get Your Own Custom Quote Go|
Prices based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Price estimates do not factor in zip code location which can impact coverage prices substantially.
Irresponsible driving raises your rates
The illustration below demonstrates how citations and at-fault claims can affect Hyundai Elantra auto insurance rates for different age categories. The prices are based on a single female driver, full physical damage coverage, $100 deductibles, and no discounts are factored in.
Hyundai Elantra rates are for example purposes only. To get rates for your specific vehicle, click here.
The diagram below shows how choosing a deductible and can raise or lower Honda Accord insurance premiums for different categories of driver ages. The costs are based on a married female driver, full physical damage coverage, and no additional discounts are factored in.
Honda Accord rates are for example purposes only. To get rates for your specific vehicle, click here.
Take policy discounts and save on insurance
Companies offering auto insurance don't always publicize every discount very clearly, so the list below contains both the well known as well as some of the hidden credits available to you.
- Air Bags and Passive Restraints - Vehicles equipped with air bags may qualify for discounts of 20% or more.
- Discounts for Seat Belt Usage - Drivers who always wear seat belts and also require passengers to use a seat belt can save up to 15% off the personal injury premium cost.
- Defensive Driver Discount - Taking time to complete a course teaching driver safety skills may get you a small discount and make you a better driver.
- Accident Forgiveness Coverage - This one isn't a discount, but some insurance companies will turn a blind eye to one accident without the usual rate increase with the catch being you have to be claim-free for a particular time prior to the accident.
- Auto/Home Discount - When you have multiple policies with the same company you will save at least 10 to 15 percent or more.
- Pay Upfront and Save - By paying your policy upfront instead of monthly or quarterly installments you may reduce your total bill.
It's important to understand that some of the credits will not apply to the overall cost of the policy. Most cut individual premiums such as collision or personal injury protection. If you do the math and it seems like you would end up receiving a 100% discount, it just doesn't work that way.
A few of the larger companies and a partial list of their discounts are shown below.
- GEICO offers discounts including defensive driver, anti-theft, five-year accident-free, multi-vehicle, and air bags.
- SAFECO includes discounts for bundle discounts, anti-theft, anti-lock brakes, accident prevention training, teen safety rewards, drive less, and homeowner.
- State Farm may include discounts for good driver, good student, Drive Safe & Save, passive restraint, and multiple autos.
- MetLife may have discounts that include good driver, good student, accident-free, multi-policy, defensive driver, and claim-free.
- 21st Century offers discounts for anti-lock brakes, air bags, 55 and older, defensive driver, early bird, good student, and theft prevention.
- Progressive policyholders can earn discounts including continuous coverage, homeowner, online signing, multi-vehicle, good student, and online quote discount.
Before you buy a policy, ask each company which discounts they offer. Depending on the company, some discounts might not be offered on policies everywhere. To see a list of insurance companies with discount insurance rates in California, follow this link.
Six things that affect insurance premiums
Many different elements are used when premium rates are determined. Some are obvious like an MVR report, although some other factors are not quite as obvious like your vehicle usage or your commute time. One of the most helpful ways to save on auto insurance is to to have a grasp of the factors that aid in calculating auto insurance rates. When consumers understand what positively or negatively impacts your premiums, this allows you to make good choices that may result in cheaper rates.
Costs for males may be higher - Over time, data shows females are less aggressive when driving. The data does not necessarily mean that men are worse drivers. Both genders cause at-fault accidents in similar percentages, but guys have costlier accidents. Men also statistically have more aggressive citations like driving under the influence (DUI).
Save money with higher comp and collision deductibles - Protection for physical damage, termed comprehensive and collision coverage on your policy, covers your vehicle from damage. Some coverage claims are a windshield shattered by a rock, hitting a deer, and burglary. Comprehensive and collision coverage deductibles tell how much you are required to pay in the event of a claim. The more expense you pay before a claim is paid (deductible), the better rate you will receive.
Keep rates low by being claim-free - If you are the type of insured that files lots of claims you can definitely plan on either policy cancellation or increased premiums. Car insurance companies in California generally give lower rates to people who file claims infrequently. Insurance coverage is intended to be relied upon for larger claims.
Safer vehicles cost less to insure - Vehicles with good safety scores get lower rates. Vehicles built for safety result in less severe injuries and lower injury rates means lower claim amounts which can mean better rates for you. If your vehicle is rated at least an "acceptable" rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may be receiving a better rate.
Performance makes a difference - The performance of the car you are trying to find cheaper insurance for makes a substantial difference in your auto insurance rates. Low performance passenger cars normally have pretty low rates, but the final cost of insurance is determined by many other factors.
Safeguard your assets with liability - Your auto insurance policy's liability coverage kicks in if a jury decides you are liable for causing personal injury or damage in an accident. Liability provides legal defense coverage to defend your case. Liability is cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
Can you really save if you switch?
Respected companies like State Farm, Allstate and GEICO regularly use television and radio advertisements. All the companies advertise claims that people will save if you move your coverage. But how can every company charge less that you're paying now? It's all in the wording.
Auto insurance companies look for specific characteristics for the type of driver that earns them the most money. For instance, this type of insured might be described as over the age of 40, has a low-risk occupation, and drives less than 7,500 miles a year. Any new insured who fits that profile is entitled to the best price and will also save some money.
Potential insureds who don't qualify for those criteria may be required to pay higher rates which translates to the customer buying from someone else. If you pay attention, the ads say "customers who switch" not "everyone who quotes" can save as much as they claim. That's why insurance companies can confidently claim big savings.
This really drives home the point why you really need to get price quotes at each policy renewal. Because you never know the company that will be your best fit.
Find affordable insurance rates by comparing often
As you go through the steps to switch your coverage, it's a bad idea to buy less coverage just to save a little money. In too many instances, an insured cut liability coverage limits only to discover later they didn't have enough coverage. Your goal should be to find the BEST coverage at the best cost.
We just showed you some good ideas how to save on insurance in Merced. The key thing to remember is the more rate quotes you have, the more likely it is that you will get a better rate. Consumers may even find the best price on insurance is with the smaller companies.
Consumers switch companies for a variety of reasons including policy non-renewal, high rates after DUI convictions, an unsatisfactory settlement offer or even delays in responding to claim requests. No matter why you want to switch, choosing a new company can be easier than you think.
Much more information about insurance in California is located at the links below
- Airbag FAQ (iihs.org)
- Who Has Affordable California Car Insurance Quotes for Unemployed Drivers? (FAQ)
- Who Has Affordable California Car Insurance Rates for Hybrid Vehicles? (FAQ)
- Which Company has the Cheapest Car Insurance in Los Angeles, CA? (FAQ)
- Auto Insurance Basics (Insurance Information Institute)
- Young Drivers: The High Risk Years Video (iihs.org)
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)