How long has it been since you sat down and looked for more affordable car insurance rates in Gilroy, CA? Have you finally had enough of wondering where the money will come from to keep your car insured? Your situation is no different than many other California drivers.

Unimaginable but true, over 70% of consumers kept their coverage with the same car insurance company for at least four years, and virtually 40% of consumers have never compared rates to find cheap insurance. Many drivers in California could save themselves approximately $470 a year just by comparing rates, but most just don't grasp how much savings they would realize if they bought a different policy. You have so many car insurance companies to purchase coverage from, and although it's a good thing to be able to choose, lots of choices makes it harder to compare company pricing.

Finding the cheapest coverage in Gilroy is actually quite easy if you know where to start. If you already have coverage or just want to save money, take advantage of these tips to cut your premiums and possibly find even better coverage. Drivers just have to learn the tricks to buy auto insurance over the internet.

Car insurance companies in Gilroy

The car insurance companies shown below provide free rate quotes in California. To locate the cheapest car insurance in California, we recommend you visit two to three different companies to get a more complete price comparison.

Insurance Price Estimates for Popular Vehicles in Gilroy
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Colorado LT 2WD $930 $465 $78
Chevrolet Silverado LS Extended Cab 2WD $1,570 $785 $131
Dodge Grand Caravan CV $1,154 $577 $96
Dodge Ram Crew Cab Sport 2WD $1,372 $686 $114
Ford Edge Sport 2WD $1,482 $741 $124
Ford Escape Limited 2WD $1,368 $684 $114
Ford F-150 Lariat Super Cab 4WD $1,576 $788 $131
Ford Focus S 4-Dr Sedan $1,028 $514 $86
Honda Accord LX 4-Dr Sedan $886 $443 $74
Honda CR-V EX 4WD $1,030 $515 $86
Honda Civic DX 2-Dr Coupe $1,772 $886 $148
Hyundai Elantra SE Touring Station Wagon $1,132 $566 $94
Hyundai Sonata SE 4-Dr Sedan $1,316 $658 $110
Kia Optima LX $1,492 $746 $124
Nissan Altima Hybrid 4-Dr Sedan $1,660 $830 $138
Toyota Camry SE $1,424 $712 $119
Toyota Corolla XLE $1,840 $920 $153
Toyota Prius $1,432 $716 $119
Toyota Tacoma Double Cab 4WD $1,562 $781 $130
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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Estimates do not factor in specific garaging location which can lower or raise coverage prices greatly.

Higher deductibles lower rates

The hardest decision when buying coverage is which deductibles should you choose. The data tables below help summarize the rate fluctuation when you buy lower versus higher comp and collision deductibles. The first rate table uses a $250 deductible for physical damage and the second rate table uses a $1,000 deductible.

Hyundai Elantra rates are for example purposes only. To get rates for your specific vehicle, click here.

Hyundai Elantra insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Elantra GLS Touring Station Wagon $298 $472 $376 $22 $112 $1,305 $109
Elantra Blue 4-Dr Sedan $298 $678 $442 $26 $132 $1,601 $133
Elantra GLS 4-Dr Sedan $342 $678 $442 $26 $132 $1,645 $137
Elantra SE 4-Dr Sedan $342 $678 $442 $26 $132 $1,645 $137
Elantra SE Touring Station Wagon $342 $576 $376 $22 $112 $1,453 $121
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Hyundai Elantra insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Elantra GLS Touring Station Wagon $184 $298 $376 $22 $112 $992 $83
Elantra Blue 4-Dr Sedan $184 $426 $442 $26 $132 $1,210 $101
Elantra GLS 4-Dr Sedan $210 $426 $442 $26 $132 $1,236 $103
Elantra SE 4-Dr Sedan $210 $426 $442 $26 $132 $1,236 $103
Elantra SE Touring Station Wagon $210 $362 $376 $22 $112 $1,082 $90
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Price information does not factor in specific location information which can decrease or increase price quotes considerably.

Based on the data above, we can derive that using a $250 deductible could cost the average driver approximately $31 more each month or $372 for a full year than choosing the higher $1,000 deductible. Because you would be required to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you have at a minimum 24 months between claim filings, you would save more money if you choose a higher deductible.

Age-based car insurance rates by gender

The chart below illustrates the difference between auto insurance costs for male and female drivers in Gilroy. Data assumes no tickets, no at-fault accidents, comprehensive and collision coverage, $500 deductibles, marital status is single, and no other discounts are factored in on a Ford Escape XLS.

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

Lower rate quotes by taking advantage of discounts

The price of auto insurance can be rather high, but there are discounts available that can dramatically reduce your bill. Most are applied at quote time, but once in a while a discount must be specially asked for in order for you to get them.Save money with discounts

One last thing about discounts, some of the credits will not apply to your bottom line cost. Most only apply to individual premiums such as medical payments or collision. So even though they make it sound like you can get free auto insurance, company stockholders wouldn't be very happy. Any qualifying discounts should help reduce your premiums.

If you would like to choose from a list of insurance companies with the best insurance discounts in Gilroy in California, click this link.

Six factors that affect insurance premiums

The best way to find cheaper car insurance is to take a look at a few of the rating criteria that aid in calculating your policy premiums. When consumers understand what determines premiums, this enables you to make decisions that can earn you much lower annual insurance costs. Lots of factors are used when you get your auto insurance bill. Most are fairly basic like an MVR report, but other factors are more transparent like your vehicle usage and annual miles driven.

Performance makes a difference - The performance of the car you need insurance for makes a huge difference in your auto insurance rates. The best insurance prices will normally be found when insuring smaller low performance passenger vehicles, but that's not the only thing that factors into the final price.

File a policy claims and pay more - If you frequently file small claims, don't be surprised to see increased rates or even have your policy non-renewed. Companies in California generally give better rates to people who are not frequent claim filers. Auto insurance is meant to be used in the event of the bigger claims that can't be paid out-of-pocket.

Eliminate extra coverages - Policies have extra coverages that may not really be needed when buying car insurance. Coverages for rental car reimbursement, towing, and Farm Bureau memberships may be costing you every month. These coverages may sound good when talking to your agent, but if they're wasting money eliminate them to save money.

What are good liability coverage limits? - The liability coverage on your policy provides coverage if ever you are found liable for damages from an accident. Your policy's liability insurance provides legal defense which can be incredibly expensive. Liability insurance is quite affordable compared to other policy coverages, so drivers should carry high limits.

Older drivers save more - Teenage drivers in California are proven to get distracted easily with other occupants in the car and because of this, their car insurance rates are much higher. More mature drivers are more responsible, cause fewer claims and accidents, and tend to be get fewer driving tickets.

Your location is important - Residing in less populated areas has it's advantages when shopping for auto insurance. Less people living in that area means fewer accidents in addition to fewer liability claims. People in densely populated areas tend to have traffic congestion and much longer commute distances. Longer commute distances statistically corresponds to a higher accident and claim rate.

Frequent quotes can save

Cheaper insurance in Gilroy is attainable online and also from your neighborhood Gilroy agents, so you need to quote Gilroy car insurance with both to have the best selection. There are still a few companies who may not have online quoting and many times these regional insurance providers only sell through local independent agents.

As you restructure your insurance plan, make sure you don't skimp on critical coverages to save a buck or two. In many cases, drivers have reduced uninsured motorist or liability limits only to find out that a couple dollars of savings turned into a financial nightmare. The goal is to get the best coverage possible at a price you can afford, not the least amount of coverage.

Throughout this article, we presented a lot of techniques to reduce insurance rates online in Gilroy. The key thing to remember is the more rate comparisons you have, the better your comparison will be. You may even be surprised to find that the lowest rates come from a smaller regional carrier. These smaller insurers can often provide lower car insurance rates in certain areas than their larger competitors like Progressive and GEICO.

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