Do you want to learn to get lower-priced car insurance rates in El Segundo, CA? Expensive car insurance in El Segundo can empty your monthly budget and possibly require you to analyze your spending habits. Performing a rate comparison can help to reduce premiums and put more money in your pocket.

Astonishing but true according to a recent study, nearly 70% of drivers renewed their policy with the same company for four years or more, and nearly 40% of drivers have never compared rate quotes at all. Drivers in California could cut their rates by $470 a year by just shopping around, but they just assume it's a time-consuming process to do a rate comparison.

Insurance companies such as GEICO, 21st Century and Progressive increase brand awareness with ad campaigns and it can be hard to avoid their marketing magic and effectively compare rates to find the best deal.

If you're already insured, you stand a good chance to be able to save money using the techniques presented in this article. Finding the cheapest auto insurance coverage in El Segundo is actually not that difficult if you follow our advice. Nevertheless, California consumers benefit from understanding how the larger insurance companies set your policy premium and apply this information to your search.

When shopping for inexpensive El Segundo auto insurance quotes, there are a couple of ways to get quotes from many available auto insurance companies in California. The easiest way by far to compare insurance prices is to get quotes online.

Online shopping is fast and free, and it replaces the need to spend time driving to local El Segundo insurance agencies. Shopping for auto insurance online eliminates this option unless you're the type of person who wants the professional guidance of a local El Segundo agent. It is possible to find lower rates online but buy the policy through an agent. Just keep in mind that obtaining a wide range of quotes will improve the odds of getting a better price. Some smaller insurers do not give rate quotes online, so it's important to compare price estimates from them, too.

The providers in the list below can provide price quotes in California. In order to find cheap car insurance in California, we recommend you get price quotes from several of them in order to find the lowest rates.

Insurance Costs for Popular Vehicles in El Segundo
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Silverado LT Extended Cab 2WD $1,672 $836 $139
Dodge Ram Crew Cab TRX 4WD $1,566 $783 $131
Ford Escape XLS 2WD $1,260 $630 $105
Ford Explorer Limited AWD $1,548 $774 $129
Ford F-150 STX Regular Cab 2WD $1,294 $647 $108
Ford Focus SES 2-Dr Coupe $1,452 $726 $121
Honda Accord LX-P 4-Dr Sedan $1,280 $640 $107
Honda CR-V EX 4WD $1,360 $680 $113
Honda Civic EX-L 2-Dr Coupe $1,534 $767 $128
Honda Odyssey LX $1,442 $721 $120
Kia Optima EX $1,540 $770 $128
Nissan Altima 2.5 S 4-Dr Sedan $1,422 $711 $119
Toyota Camry LE $1,688 $844 $141
Toyota Corolla LE $1,664 $832 $139
Toyota RAV4 4WD $1,172 $586 $98
Toyota Tacoma X-Runner 2WD $1,790 $895 $149
Volkswagen Jetta S 2.5 Station Wagon $1,436 $718 $120
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Data rating is based on single female driver age 30, 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. Estimates do not factor in specific location information which can lower or raise auto insurance rates substantially.

Deductible analysis

When shopping for car insurance, a common question is which comprehensive and collision deductibles to buy. The following insurance rates determine the rate differences when you select higher and lower insurance deductibles. The first set of prices uses a $100 comprehensive and collision deductible and the second price chart uses a $1,000 deductible.

Toyota Camry rates are for example purposes only. To get rates for your specific vehicle, click here.

Toyota Camry insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camry LE $380 $686 $442 $26 $132 $1,691 $141
Camry SE $380 $810 $442 $26 $132 $1,815 $151
Camry XLE $380 $810 $442 $26 $132 $1,815 $151
Camry Hybrid $430 $810 $500 $30 $150 $1,945 $162
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Toyota Camry insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camry LE $210 $362 $442 $26 $132 $1,172 $98
Camry SE $210 $426 $442 $26 $132 $1,236 $103
Camry XLE $210 $426 $442 $26 $132 $1,236 $103
Camry Hybrid $238 $426 $500 $30 $150 $1,344 $112
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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Premium amounts do not factor in garaging location in El Segundo which can increase or decrease premium rates greatly.

Based on these figures, using a $100 deductible costs about $47 more each month or $564 every year than requesting the higher $1,000 deductible. Because you would pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you go at least 19 months between claim filings, you would save more money going with the higher deductible.

Safe drivers pay less for car insurance

The diagram below shows how speeding tickets and fender-benders can influence Chevrolet Tahoe car insurance rates for different age groups. The prices are based on a single female driver, full coverage, $1,000 deductibles, and no policy discounts are applied.

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

Does it make sense to buy full coverage?

The chart below examines Toyota Camry annual premium costs when comparing full coverage to state minimum liability only. The data assumes no tickets, no at-fault accidents, $250 deductibles, single female driver, and no discounts are applied to the premium.

Toyota Camry rates are for example purposes only. To get rates for your specific vehicle, click here.

Are you wasting money on full coverage?

There is no exact formula for excluding physical damage coverage, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is about 10% or more of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.

For example, let's assume your Toyota Camry book value is $3,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, you would only receive $2,000 after paying the physical damage deductible. If you are paying over $200 annually for full coverage, the it may be a good time to stop paying for full coverage.

There are some scenarios where only buying liability is not in your best interest. If you still owe money on your vehicle, you are required to maintain full coverage as part of the loan requirements. Also, if you can't afford to buy a different vehicle in the even your car is totaled, you should maintain full coverage.

Tailor your insurance coverage to you

When it comes to a policy, there really is no single plan that fits everyone. You are unique.Insurance savings

For instance, these questions can aid in determining if your situation would benefit from an agent's advice.

If you can't answer these questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find an agent in your area, complete this form.

Best and worst vehicle claim statistics

What vehicles have the most claims? The following statistics list the highest and lowest vehicle makes and models for the overall chance of filing claims for each type of coverage listed.

Car Insurance Collision Claims by Vehicle
Lowest Claims Highest Claims
Ford F-250 SuperCab Maserati Granturismo
Nissan Xterra Audi RS7
Ford Edge BMW 6 Series
Smart ForTwo Bently Continental GT
GMC Canyon Nissan GT-R
Ford F-150 SuperCrew BMW M6

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

Lowest and Highest Car Insurance Comprehensive Claims by Manufacturer Model
Lowest Claims Highest Claims
Infiniti QX50 Maserati Granturismo
Nissan Leaf Maserati Quattroporte
Chevy Spark Audi S7
Smart ForTwo BMW M6
Nissan Xterra Mercedes-Benz S Class
Ford F-350 Bentley Continental GTC

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

Lowest and Highest Auto Insurance Liability Claims by Vehicle Model
Lowest Claims Highest Claims
Volvo XC60 Chevrolet Cruze
Mercedes-Benz SL Class Mitsubishi Lancer
Fiat 500 Chevrolet Sonic
Acura MDX Mitsubishi Mirage
Audi A6 Chrysler 200
Subaru Outback Dodge Charger

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

Vehicle Models with the Lowest and Highest Medical Payment Claims
Lowest Claims Highest Claims
Ford F-250 SuperCrew Chevrolet Spark
Ford F-350 SuperCrew Chevrolet Sonic
Chevrolet Silverado 2500 Chrysler 200
Ford Expedition Mitsubishi Lancer
Land Rover Range Rover Sport Hyundai Accent
Chevrolet Corvette Nissan Sentra

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