Are you at wits end from wondering where the money will come from each month for insurance? You have the same problem as millions of other drivers.
Unbelievable but true, 70% of consumers renewed their policy with the same company for over three years, and just under half have never compared rate quotes at all. With the average insurance premium being $1,387, California drivers could cut their rates by approximately $469 a year by just shopping around, but they don't believe the actual amount they would save if they replace their high priced policy.
Drivers have so many insurers to choose from, and although it's a good thing to have a selection, too many choices makes it more difficult to compare rates and cut insurance costs.
It's important to get comparison quotes yearly because insurance prices are rarely the same from one policy term to another. If you had the best deal on insurance on your last policy other companies may now be cheaper. Forget all the misinformation about insurance because we're going to demonstrate the right way to buy cheaper insurance.
Locating the best rates in Pleasant Hill can be easy if you know a few tricks. Nearly every vehicle owner who is looking for a better price on car insurance stands a good chance to buy a cheaper policy. Although California vehicle owners do need to understand how companies determine prices because it varies considerably.
How to compare Pleasant Hill insurance rate quotes
Keep in mind that comparing more prices helps locate the best price.
The following companies have been selected to offer comparison quotes in Pleasant Hill, CA. To find the best cheap auto insurance in California, we suggest you visit several of them to get the best price comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Equinox LTZ 2WD||$1,676||$838||$140|
|Chevrolet Silverado LT Regular Cab 2WD||$1,416||$708||$118|
|Dodge Grand Caravan Hero||$1,348||$674||$112|
|Dodge Ram Quad Cab Laramie 4WD||$1,616||$808||$135|
|Ford Escape XLS 2WD||$990||$495||$83|
|Ford F-150 XL Crew Cab 4WD||$1,144||$572||$95|
|Ford Focus SES 2-Dr Coupe||$1,720||$860||$143|
|Ford Fusion Hybrid 4-Dr Sedan||$1,684||$842||$140|
|Honda Accord EX 4-Dr Sedan||$1,138||$569||$95|
|Honda CR-V LX 2WD||$1,178||$589||$98|
|Honda Civic GX 4-Dr Sedan||$1,758||$879||$147|
|Hyundai Elantra GLS Touring Station Wagon||$1,128||$564||$94|
|Kia Optima LX||$1,408||$704||$117|
|Mazda 3 S Grand Touring 4-Dr Hatchback||$1,302||$651||$109|
|Nissan Altima Hybrid 4-Dr Sedan||$1,260||$630||$105|
|Toyota Camry XLE||$1,202||$601||$100|
|Toyota Corolla XRS||$1,264||$632||$105|
|Get Your Own Custom Quote Go|
Data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Rate quotes do not factor in Pleasant Hill location which can affect coverage prices noticeably.
Physical damage deductibles
A question often asked by Pleasant Hill drivers is at what level do you set your deductibles. The comparisons below may aid in understanding how much more you'll pay when you select higher and lower coverage deductibles. The first rate table uses a $100 physical damage coverage deductible and the second price grid uses a $1,000 deductible.
GMC Acadia rates are for example purposes only. To get rates for your specific vehicle, click here.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Acadia SL 2WD||$332||$564||$442||$26||$132||$1,521||$127|
|Acadia SL AWD||$380||$564||$442||$26||$132||$1,569||$131|
|Acadia SLE 2WD||$380||$564||$442||$26||$132||$1,569||$131|
|Acadia SLE AWD||$380||$686||$442||$26||$132||$1,691||$141|
|Acadia SLT 2WD||$380||$686||$442||$26||$132||$1,691||$141|
|Acadia SLT AWD||$430||$686||$442||$26||$132||$1,741||$145|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Acadia SL 2WD||$184||$298||$442||$26||$132||$1,082||$90|
|Acadia SL AWD||$210||$298||$442||$26||$132||$1,108||$92|
|Acadia SLE 2WD||$210||$298||$442||$26||$132||$1,108||$92|
|Acadia SLE AWD||$210||$362||$442||$26||$132||$1,172||$98|
|Acadia SLT 2WD||$210||$362||$442||$26||$132||$1,172||$98|
|Acadia SLT AWD||$238||$362||$442||$26||$132||$1,200||$100|
|Get a Quote for Your Vehicle Go|
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, safe-driver, multi-policy, claim-free, and homeowner. Rate quotes do not factor in vehicle garaging location which can change coverage rates noticeably.
Using the premium rates above, we can conclude that using a $100 deductible would cost the average driver about $41 more each month or $492 annually than requesting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have at least 22 months between claim filings, you would most likely save money if you opt for a higher deductible. Here's a better example of how you can make your own decision.
|Average monthly premium for $100 deductibles:||$136|
|Average monthly premium for $1,000 deductibles (subtract):||- $95|
|Monthly savings from raising deductible:||$41|
|Difference between deductibles ($1,000 - $100):||$900|
|Divide difference by monthly savings:||$900 / $41|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||22 months|
Price comparison of only insuring for liability
The chart below shows the difference between Honda Civic insurance rates when comparing full coverage to liability only. The rate quotes are based on a clean driving record, no at-fault accidents, $250 deductibles, married male driver, and no discounts are applied.
Honda Civic rates are for example purposes only. To get rates for your specific vehicle, click here.
When to stop buying physical damage coverage
There is no exact rule that is best for determining when to drop full coverage, but there is a general school of thought. If the annual cost of coverage is more than about 10% of any settlement you would receive from your insurance company, then you might consider buying liability only.
For example, let's say your Honda Civic settlement value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, you would only receive $3,000 after paying your deductible. If you are paying more than $300 a year for comprehensive and collision coverage, then you might want to consider buying only liability coverage.
There are some scenarios where dropping physical damage coverage is not a good idea. If you haven't satisfied your loan, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you don't have enough money to buy a different vehicle if your current one is totaled, you should keep full coverage on your policy.
When to drop full coverage
There is no written rule of when to exclude physical damage coverage, but there is a general school of thought. If the annual cost of coverage is about 10% or more of the replacement cost minus the deductible, the it may be a good time to stop paying for full coverage.
For example, let's assume your Chevrolet Cruze book value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $8,000 after paying the physical damage deductible. If premium cost is more than $800 a year to have full coverage, then you might want to consider buying only liability coverage.
There are some cases where buying only liability insurance is not advised. If you haven't paid off your loan, you have to keep full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage.
Three reasons to not skimp on car insurance
Despite the high cost of buying insurance in Pleasant Hill, maintaining insurance is mandatory in California but it also protects more than you think.
- Just about all states have minimum mandated liability insurance limits which means you are required to carry a minimum amount of liability in order to license the vehicle. 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.
- If you took out a loan on your vehicle, it's most likely the lender will make it mandatory that you have full coverage to ensure loan repayment if the vehicle is totalled. If the policy lapses, the bank will be required to insure your vehicle for a lot more money and require you to fork over for the much more expensive policy.
- Car insurance protects not only your vehicle but also your financial assets. It will also reimburse you for most medical and hospital costs for not only you but also any passengers injured in an accident. Liability coverage also pays for attorney fees and expenses if you are sued as the result of an accident. If mother nature or an accident damages your car, your policy will pay to repair the damage.
The benefits of carrying adequate insurance more than offset the price you pay, especially for larger claims. Despite what companies tell you, the average driver overpays as much as $865 each year so we recommend shopping around at every renewal to make sure the price is not too high.
How to lower your auto insurance prices
Multiple criteria are taken into consideration when quoting car insurance. Most are fairly basic such as your driving history, but others are more transparent such as your marital status and annual miles driven. One of the most helpful ways to save on auto insurance is to to have a grasp of some of the things that come into play when calculating your policy premiums. If you know what determines premiums, this enables you to make decisions that may reward you with lower rates.
How do annual miles impact rates? - The higher the mileage driven in a year the more you'll pay to insure your vehicle. The majority of insurers calculate prices based upon how much you drive. Vehicles used primarily for pleasure use receive better premium rates than vehicles that have high annual mileage. It's a good idea to make sure your auto insurance coverage shows the right rating data.
Certain employers raise prices - Do you work in a high-stress field? Jobs like fire fighters, social workers and stock brokers usually pay higher rates than the rest of us in part from stressful work requirements and incredibly demanding work hours. On the other hand, jobs such as professors, students and performers generally pay rates lower than average.
Getting married pays dividends - Getting married may save some money on your auto insurance bill. Marriage means you're more financially stable and it's proven that married drivers tend to have fewer serious accidents.
Lower performance equals lower insurance costs - The performance of the car you need insurance for makes a big difference in the rate you pay. The best insurance prices are for economy passenger models, but many other things help determine your insurance rates.
Insurance premiums and driver gender - Statistics show that women are safer drivers than men. However, this does not mean males are worse at driving than females. Males and females are responsible for accidents in similar numbers, but males tend to have more serious accidents. Not only that, but men also have more aggressive citations such as reckless driving. Males from age 16 to 21 are several times more likely to be in an accident and are penalized with high auto insurance rates.
Your credit score is important - Having a bad credit rating can be a huge factor in determining what you pay for auto insurance. Insureds with excellent credit tend to be more responsible and file fewer claims than those with worse credit. If your credit score is not that good, you could save money insuring your vehicle by spending a little time repairing your credit.
Alarm systems save money - Buying a car with an alarm system can help lower your premiums. Theft prevention devices such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack can help prevent your vehicle from being stolen.
Car insurance policy discounts you can't miss
Insuring your fleet can be pricey, but there's a good chance there are discounts that could help you make your next renewal payment. Most are applied when you quote, but a few must be requested specifically prior to receiving the credit.
- Savings for New Vehicles - Buying a new car instead of a used car may earn a small discount because newer models are generally safer.
- Save over 55 - Drivers over the age of 55 may receive a discount up to 10%.
- Multi-policy Discount - If you can combine your auto and homeowners policy with the same insurance company you could earn a discount of at least 10 to 15 percent or more.
- Include Life Insurance and Save - Not every insurance company offers life insurance, but if they do you may earn a break if you buy a life policy as well.
- Home Ownership Discount - Owning a home in Pleasant Hill can help you save on car insurance because it requires a higher level of personal finance.
- No Claim Discounts - Drivers who don't have accidents pay less in comparison with frequent claim filers.
- Sign Online - Some companies give back up to $50 for completing your application on your computer.
We need to note that most of the big mark downs will not be given to the entire cost. A few only apply to individual premiums such as medical payments or collision. Even though it may seem like all those discounts means the company will pay you, company stockholders wouldn't be very happy.
A list of car insurance companies and the discounts they provide can be read below.
- Farm Bureau includes discounts for youthful driver, renewal discount, multi-policy, safe driver, 55 and retired, driver training, and multi-vehicle.
- State Farm may have discounts that include accident-free, safe vehicle, anti-theft, driver's education, and multiple policy.
- Progressive offers discounts including multi-vehicle, multi-policy, good student, homeowner, online quote discount, and online signing.
- Allstate has savings for eSmart discount, anti-lock brakes, auto/life discount, anti-theft, senior citizen, and 55 and retired.
- Nationwide has discounts for easy pay, accident-free, defensive driving, family plan, and anti-theft.
- MetLife policyholders can earn discounts including good driver, accident-free, multi-policy, good student, claim-free, defensive driver
If you need cheaper Pleasant Hill auto insurance quotes, ask every insurance company how you can save money. All car insurance discounts may not apply to policies everywhere.
More quotes mean more insurance savings
In this article, we presented many tips how you can shop for insurance online. It's most important to understand that the more times you quote, the better chance you'll have of finding low cost Pleasant Hill auto insurance quotes. You may even find the biggest savings come from some of the smallest insurance companies. They may cover specific market segments cheaper than the large multi-state companies such as State Farm and Allstate.
When shopping online for insurance, it's very important that you do not skimp on coverage in order to save money. Too many times, drivers have reduced uninsured motorist or liability limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. The goal is to get the best coverage possible at a price you can afford, but do not sacrifice coverage to save money.
There are still a few companies who may not have rate quotes online and usually these small insurance companies provide coverage only through local independent agencies. Budget-friendly insurance in Pleasant Hill is possible on the web and with local Pleasant Hill insurance agents, and you should compare rates from both to have the best rate selection.
Additional insurance information can be read below:
- How to Avoid Staged Accidents (State Farm)
- What Car Insurance is Cheapest in Huntington Beach, California? (FAQ)
- Who Has Affordable Auto Insurance for a Hyundai Elantra in California? (FAQ)
- How Much is Car Insurance for Business Use in California? (FAQ)
- Who Has Affordable California Auto Insurance for a Toyota RAV4? (FAQ)
- What Auto Insurance is Cheapest in Bakersfield, California? (FAQ)
- Who Has Cheap Car Insurance Rates for a 20 Year Old Male in California? (FAQ)
- Understanding Rental Car Insurance (Insurance Information Institute)
- Coverage Information (Progressive Insurance)
- Distracted Driving Extends Beyond Texting (State Farm)