I can't think of anyone who fancies paying their premiums for insurance, in particular when they are paying too much.

A recent survey discovered that 70% of consumers kept their coverage with the same insurance company for a minimum of four years, and almost half have never quoted rates to find cheaper coverage. U.S. drivers can cut their rates by approximately $850 a year, but they underestimate the rate savings if they just switched companies.

With drivers having so many different company options, it is hard for the average consumer to choose the best insurer.

It's smart to do price comparisons occasionally because prices go up and down regularly. Just because you found the best rates on insurance six months ago you can probably find a lower rate today. Ignore everything you know about insurance because you're about to learn one of the easiest ways to save money, get proper deductibles and limits, all at the lowest rate.

Locating the most cost-effective insurance policy in Palm Springs can be easy if you know a few tricks. Nearly every vehicle owner who comparison shops for insurance will more than likely be able to find better rates. Although California drivers should learn the way companies set your policy premium because it can help you find the best coverage.

The fastest way that we advise to get policy rate comparisons takes advantage of the fact all the major auto insurance companies actually pay money for the chance to give you rate quotes. All you need to do is take a few minutes to give details like deductibles desired, if you are currently licensed, what your job is, and how many miles driven. Your insurance information is then sent to all major companies and you get price estimates immediately.

To compare rates now, click here and see if a lower rate is available in Palm Springs.

The following companies offer free rate quotes in Palm Springs, CA. If multiple companies are listed, we recommend you visit two to three different companies to get the best price comparison.

Insurance Rates for Popular Vehicles in Palm Springs
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Silverado LTZ Crew Cab 4WD $1,626 $813 $136
Dodge Ram Quad Cab Sport 2WD $1,368 $684 $114
Ford Edge Sport 2WD $1,648 $824 $137
Ford Escape XLS 2WD $886 $443 $74
Ford F-150 XL Super Cab 2WD $952 $476 $79
Ford Focus SE 2-Dr Coupe $1,498 $749 $125
GMC Sierra SL Crew Cab 2WD $1,698 $849 $142
Honda Accord EX 2-Dr Coupe $1,674 $837 $140
Honda CR-V LX 4WD $1,178 $589 $98
Honda Civic DX 4-Dr Sedan $1,536 $768 $128
Hyundai Elantra SE 4-Dr Sedan $1,236 $618 $103
Nissan Altima 3.5 SR 2-Dr Coupe $1,256 $628 $105
Toyota Camry Hybrid $1,200 $600 $100
Toyota Corolla XRS $1,904 $952 $159
Toyota Prius $1,458 $729 $122
Toyota RAV4 4WD $1,722 $861 $144
Volkswagen Jetta S 2.5 Station Wagon $1,246 $623 $104
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Table data does not factor in Palm Springs location which can raise or lower coverage rates significantly.

Raise deductibles and save

One of the hardest decisions when shopping for car insurance is what deductibles to buy. The following tables summarize how much more rates are when you buy lower versus higher physical damage deductibles. The first data set uses a $100 comprehensive and collision deductible and the second price grid uses a $1,000 deductible.

Kia Optima rates are for example purposes only. To get rates for your specific vehicle, click here.

Kia Optima insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Optima LX $380 $686 $500 $30 $150 $1,771 $148
Optima EX $430 $810 $500 $30 $150 $1,945 $162
Optima SX $430 $810 $500 $30 $150 $1,945 $162
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Kia Optima insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Optima LX $210 $362 $500 $30 $150 $1,252 $104
Optima EX $238 $426 $500 $30 $150 $1,344 $112
Optima SX $238 $426 $500 $30 $150 $1,344 $112
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Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Table data does not factor in specific garaging location which can increase or decrease coverage rates greatly.

We can derive from the above data that using a $100 deductible costs roughly $48 more each month or $576 a year than quoting the higher $1,000 deductible. Since you would have to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you have at a minimum 19 months between claim filings, you would probably save some money by selecting a higher deductible.

Rate comparison of full coverage and liability-only

The illustration below examines Honda Pilot insurance prices with full phyical damage coverage and with liability coverage only. Data assumes no tickets, no at-fault accidents, $1,000 deductibles, married male driver, and no discounts are taken into consideration.

Honda Pilot rates are for example purposes only. To get rates for your specific vehicle, click here.

Deciding between full coverage and liability only

There is no set guideline for phasing out physical damage insurance, but there is a general guideline. If the annual cost of having full coverage is 10% or more of the settlement you would receive from your company, then it's probably a good time to buy liability coverage only.

For example, let's pretend your Honda Pilot replacement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would receive is $6,000 after the deductible is paid. If premiums are more than $600 a year for comprehensive and collision coverage, then it may be the right time to buy liability only.

There are a few situations where dropping physical damage coverage is not advised. If you haven't satisfied your loan, you are required to maintain full coverage as part of the loan conditions. Also, if you don't have enough money to buy a different vehicle if your current one is in an accident, you should keep full coverage on your policy.

Where to set your deductibles

The diagram below shows how different deductible levels and can affect Chevrolet Silverado insurance prices for different insured age categories. The rate quotes are based on a single male driver, full physical damage coverage, and no additional discounts are factored in.

Chevrolet Silverado rates are for example purposes only. To get rates for your specific vehicle, click here.

Auto insurance discounts help lower rates

Car insurance companies don't necessarily list the entire discount list very well, so below is a list both well-publicized and the more hidden discounts that may be available.Cheaper auto insurance with discounts

Policy discounts save money, but many deductions do not apply to the entire cost. Most only cut individual premiums such as comp or med pay. So even though it sounds like adding up those discounts means a free policy, it's just not the way it works.

A few companies that may have most of the discounts above include:

Before purchasing a policy, check with every insurance company to give you their best rates. Some of the discounts discussed earlier may not be available in Palm Springs.

Choosing the best vehicle insurance in California is an important decision

Despite the high cost of buying insurance in Palm Springs, paying for car insurance is a good idea for several reasons.

First, the majority of states have mandatory liability insurance requirements which means it is punishable by state law to not carry a minimum amount of liability insurance in order to get the vehicle licensed. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.

Second, if you bought your car with a loan, more than likely the lender will make it mandatory that you buy insurance to guarantee payment of the loan. If you do not pay your insurance premiums, the bank will be required to insure your vehicle for a much higher rate and make you pay for the expensive policy.

Third, car insurance protects both your vehicle and your assets. It will also pay for all forms of medical expenses incurred in an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses in the event you are sued. If you have damage to your vehicle as the result of the weather or an accident, comprehensive (other-than-collision) and collision coverage will pay all costs to repair after the deductible has been paid.

The benefits of insuring your car outweigh the cost, specifically if you ever have a liability claim. As of last year, the average driver in California overpays more than $750 every year so it's very important to do a rate comparison at least once a year to ensure rates are inline.

Which is the best insurance?

Always keep in mind that when comparing the best insurance coverage, there really isn't a "perfect" insurance plan. Everyone's needs are different.Safe vehicles cost less to insure

These are some specific questions might point out if you would benefit from professional advice.

If you're not sure about those questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find an agent in your area, complete this form.

Insurance claim statistics

Which are the best vehicles for low claims? The tables below show the highest and lowest vehicles for likelihood of filing claims orgainized by coverage.

Collision Coverage Claims by Manufacturer Model
Lowest Claim Amount Highest Claim Amount
Chevrolet Colorado Bentley Continental Flying Spur
Ford F-250 SuperCab BMW M6
Ford Edge Bently Continental GTC
Jeep Wrangler Audi RS7
Smart ForTwo Maserati Ghibli
Ford F-150 SuperCrew BMW 6 Series

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Vehicle Models with the Lowest and Highest Comprehensive Insurance Claims
Lowest Claim Amount Highest Claim Amount
Ford F-350 Bentley Continental GTC
Smart ForTwo Bentley Continental GT
GMC Sierra 2500 BMW M6
Chevy Spark Maserati Quattroporte
Volvo V60 Maserati Granturismo
Infiniti QX50 Mercedes-Benz S Class

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Medical Payment Insurance Claims by Vehicle
Lowest Claim Amount Highest Claim Amount
Ford Expedition Hyundai Accent
Ford F-350 SuperCrew Kia Forte
Audi A4 Allroad Dodge Charger
Tesla Model S Nissan Sentra
Chevrolet Silverado 2500 Mitsubishi Lancer
Land Rover Range Rover Sport Chrysler 200

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Liability Insurance Claims by Vehicle
Lowest Claim Amount Highest Claim Amount
Mercedes-Benz SL Class Mitsubishi Mirage
Subaru Forester Kia Optima
Volvo XC60 Hyndai Accent
Audi A6 Chevrolet Impala
Acura MDX Kia Rio
Chevrolet Corvette Chrysler 200

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years