Saving money on auto insurance may be hard for drivers not familiar with online insurance quotes. With so many online companies available, it can quickly become a big hassle to locate the lowest coverage rates.
Unbelievable but true according to a study the vast majority of auto insurance customers kept buying from the same company for four years or more, and almost 40% of drivers have never compared rates to find lower-cost insurance. Many consumers in California could pocket 35% a year by just comparing quotes, but they assume it's a waste of time to compare rates online.
It's a good habit to compare premium rates at least once a year because prices are usually higher with each renewal. Just because you had the best rates on auto insurance two years ago you may be paying too much now. Don't believe everything you read about auto insurance online but in just a couple of minutes you can learn a lot of great tips on how to lower your auto insurance rates in Banning.
If you are insured now, you will be able to find the best rates using this strategy. We hope to teach you a little about how to effectively get price quotes and how you can save the most money. But California drivers must understand how companies set your policy premium and take advantage of how the system works.
When shopping for insurance there are multiple ways to compare prices from all the different companies. The easiest way to find cheaper rates is to perform an online rate comparison.
When comparison shopping, getting more free quotes helps increase your odds of locating more affordable rates.
The auto insurance companies shown below offer price comparisons in California. If multiple companies are listed, we recommend you visit as many as you can to get the lowest price.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Malibu LT||$1,048||$524||$87|
|Chevrolet Silverado LT Regular Cab 2WD||$2,002||$1,001||$167|
|Dodge Grand Caravan SXT||$1,562||$781||$130|
|Dodge Ram Quad Cab Sport 2WD||$1,630||$815||$136|
|Ford Escape Limited 2WD||$1,326||$663||$111|
|Ford F-150 XLT Crew Cab 4WD||$1,766||$883||$147|
|Ford Focus SE 2-Dr Coupe||$1,720||$860||$143|
|Ford Fusion Sport 4-Dr Sedan||$1,422||$711||$119|
|GMC Sierra SLT Crew Cab 2WD||$1,884||$942||$157|
|Honda Accord LX-S 2-Dr Coupe||$1,462||$731||$122|
|Honda CR-V LX 2WD||$1,328||$664||$111|
|Honda Civic Hybrid 4-Dr Sedan||$1,422||$711||$119|
|Hyundai Sonata SE 4-Dr Sedan||$1,312||$656||$109|
|Jeep Grand Cherokee Laredo 2WD||$1,506||$753||$126|
|Nissan Altima Hybrid 4-Dr Sedan||$1,486||$743||$124|
|Nissan Rogue SL AWD||$1,700||$850||$142|
|Toyota Camry Hybrid||$1,200||$600||$100|
|Toyota Corolla LE||$1,232||$616||$103|
|Get Your Own Custom Quote Go|
Data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Premium amounts do not factor in specific garaging location which can affect auto insurance rates greatly.
Raise deductibles and save
The diagram below shows how different deductible levels and can influence Chevrolet Malibu yearly insurance costs for each different age category. Data assumes a single female driver, full coverage, and no other discounts are factored in.
Chevrolet Malibu rates are for example purposes only. To get rates for your specific vehicle, click here.
Illustration showing the impact of accidents and violations
The chart below shows how speeding tickets and accident claims impact Honda Civic insurance costs for different age categories. The prices are based on a single female driver, comp and collision included, $500 deductibles, and no policy discounts are applied.
Honda Civic rates are for example purposes only. To get rates for your specific vehicle, click here.
Companies offer many types of discounts on insurance
Some providers don't always publicize the entire discount list in an easy-to-find place, so here is a list some of the best known as well as some of the hidden credits that you can use to lower your rates.
- Seat Belts Save more than Lives - Requiring all passengers to use their safety belts can save a little off the PIP or medical payment premium.
- Early Renewal Discounts - Some insurance companies provide a discount for switching companies prior to your current policy expiring. You could save around 10% when you buy Banning car insurance online.
- Government Employee Discount - Simply working for the federal government can earn a discount up to 10% depending on your company.
- Multi-car Discount - Drivers who insure more than one vehicle with the same insurance company may reduce the rate for each vehicle.
- ABS and Traction Control Discounts - Cars with ABS braking systems or traction control can reduce accidents so you can save 10 percent or more.
- Defensive Driver Discount - Taking time to complete a course in defensive driving can save you 5% or more depending on where you live.
- Good Grades Discount - Getting good grades may save as much as 25% on a Banning car insurance quote. The good student discount can last until age 25.
As a sidenote, most discounts do not apply the the whole policy. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Even though it appears having all the discounts means you get insurance for free, it doesn't quite work that way. But any discount will reduce your insurance premiums.
To locate insurance companies offering insurance discounts in Banning, click here.
Choosing the best vehicle insurance in California is an important decision
Despite the fact that insurance is not cheap in Banning, paying for insurance may be mandatory for several reasons.
First, just about all states have minimum liability requirements which means it is punishable by state law to not carry specific limits of liability insurance coverage if you don't want to risk a ticket. 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 have a loan on your vehicle, almost all lenders will require you to have insurance to ensure loan repayment if the vehicle is totalled. If you cancel or allow the policy to lapse, the bank will be required to insure your vehicle at a more expensive rate and require you to fork over for the expensive policy.
Third, insurance protects not only your vehicle but also your financial assets. It also can pay for medical expenses for both you and anyone you injure as the result of an accident. As part of your policy, liability insurance also pays for attorney fees and expenses if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.
The benefits of insuring your car more than offset the price you pay, especially for larger claims. But the average driver in California is overpaying over $820 a year so smart consumers compare quotes every year to save money.