Paying for expensive auto insurance in Riverbank can bleed your family's budget and make it impossible to make ends meet. Doing a rate analysis can be a smart way to lower your monthly bill.

Amazingly, almost 70% of drivers in California kept their coverage with the same auto insurance company for four years or more, and roughly 40% of drivers have never compared rates from other carriers. Consumers in the United States could save $859 every year just by comparing rates, but they just don't want to find lower-cost insurance by shopping around. Lots of car insurance companies contend for your insurance dollar, so it can be very hard to choose a insurer to get the best rates possible on auto insurance.

If you have a current insurance policy or are just looking to switch companies, you can use these techniques to shop for the lowest rates without reducing protection. Buying the cheapest insurance in Riverbank is actually quite easy if you know where to start. Drivers just have to understand the proper way to find the lowest price online from multiple companies.

Are you eligible for every discount?

Companies don't necessarily list their entire list of discounts in a way that's easy to find, so here is a list a few of the more common and also the more inconspicuous credits available to bring down your rates.Save money with discounts

Don't be surprised that most of the big mark downs will not be given to the overall cost of the policy. Some only apply to specific coverage prices like liability, collision or medical payments. Despite the fact that it seems like all the discounts add up to a free policy, you won't be that lucky.

Car insurance companies that have many of the previously listed discounts are:

Before you buy a policy, ask every company which discounts can lower your rates. Some discounts may not be available everywhere.

The following companies are our best choices to provide quotes in California. If multiple companies are listed, we recommend you get rate quotes from several of them to get a more complete price comparison.

Insurance Estimates for Popular Vehicles in Riverbank
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Equinox LS AWD $1,186 $593 $99
Chevrolet Silverado LT Extended Cab 2WD $1,124 $562 $94
Dodge Grand Caravan SE $1,436 $718 $120
Dodge Ram Crew Cab ST 2WD $1,146 $573 $96
Ford Edge Limited 2WD $1,192 $596 $99
Ford Escape XLT 2WD $1,028 $514 $86
Ford F-150 FX4 Super Cab 4WD $1,526 $763 $127
Ford Focus S 4-Dr Sedan $1,292 $646 $108
GMC Sierra Denali Crew Cab 4WD $1,708 $854 $142
Honda Accord EX-L 4-Dr Sedan $1,428 $714 $119
Honda CR-V LX 4WD $1,228 $614 $102
Honda Civic SI 4-Dr Sedan $1,778 $889 $148
Kia Optima SX $1,334 $667 $111
Nissan Altima Hybrid 4-Dr Sedan $1,324 $662 $110
Toyota Camry XLE $1,638 $819 $137
Toyota Corolla S $1,664 $832 $139
Volkswagen Jetta SEL 4-Dr Sedan $1,450 $725 $121
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Data variables include married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Rates do not factor in specific Riverbank garaging location which can increase or decrease premium rates greatly.

Comparison of policy deductibles

A question often asked by Riverbank drivers is how high or low should comp and collision deductibles be. The premium rates below determine the rate differences when you select higher and lower insurance deductibles. The first pricing table uses a $100 deductible for comprehensive and collision coverage and the second set of prices uses a $1,000 deductible.

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

Honda Pilot insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pilot LX 2WD $380 $564 $442 $26 $132 $1,569 $131
Pilot EX 2WD $430 $564 $442 $26 $132 $1,619 $135
Pilot EX 4WD $430 $564 $442 $26 $132 $1,619 $135
Pilot EX-L 2WD $430 $686 $442 $26 $132 $1,741 $145
Pilot EX-L 4WD $430 $686 $442 $26 $132 $1,741 $145
Pilot Touring 2WD $430 $686 $442 $26 $132 $1,741 $145
Pilot Touring 4WD $430 $686 $442 $26 $132 $1,741 $145
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Honda Pilot insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pilot LX 2WD $210 $298 $442 $26 $132 $1,108 $92
Pilot EX 2WD $238 $298 $442 $26 $132 $1,136 $95
Pilot EX 4WD $238 $298 $442 $26 $132 $1,136 $95
Pilot EX-L 2WD $238 $362 $442 $26 $132 $1,200 $100
Pilot EX-L 4WD $238 $362 $442 $26 $132 $1,200 $100
Pilot Touring 2WD $238 $362 $442 $26 $132 $1,200 $100
Pilot Touring 4WD $238 $362 $442 $26 $132 $1,200 $100
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Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Prices do not factor in specific zip code location which can lower or raise premiums considerably.

We can derive from the above data that using a $100 deductible will cost you about $43 more each month or $516 each year than requesting the higher $1,000 deductible. Since you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you normally go more than 21 months between claims, you would most likely save money going with the higher deductible. The table below shows an example of how you can perform this determination yourself.

Average monthly premium for $100 deductibles: $140
Average monthly premium for $1,000 deductibles (subtract): - $97
Monthly savings from raising deductible: $43
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $43
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 21 months

One important issue to know is that higher deductibles results in a higher out-of-pocket expense if you have a claim. You should have enough money put aside in order to pay the deductible for vehicle repair.

Comparison of full coverage and liability-only policies

The chart below visualizes the comparison of Dodge Ram annual premium costs with liability coverage only compared to full coverage. The rates are based on no claims or violations, $1,000 deductibles, single male driver, and no discounts are applied.

Dodge Ram rates are for example purposes only. To get rates for your specific vehicle, click here.

When to eliminate full coverage

There is no set rule to exclude physical damage insurance, but there is a general guideline you can use. If the annual cost of your full coverage insurance is more than 10% of any settlement you would receive from your insurance company, then it's probably a good time to buy liability coverage only.

For example, let's assume your Dodge Ram claim settlement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $3,000 after the deductible is paid. If it's costing you more than $300 a year for physical damage coverage, then you may want to consider only buying liability coverage.

There are some cases where buying only liability insurance is not a good plan. If you haven't satisfied your loan, you have to maintain full coverage in order to keep the loan. Also, if you don't have enough money to buy a different vehicle in case of an accident, you should keep full coverage in place.

Men versus women drivers and insurance cost

The chart below compares insurance prices for male and female drivers in Riverbank. The price estimates are based on no claims or driving citations, full physical damage coverage, $500 deductibles, single marital status, and no discounts are applied on a Hyundai Elantra GLS Touring.

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

When in doubt talk to an agent

When quoting and choosing the right insurance coverage, there really is not a perfect coverage plan. Coverage needs to be tailored to your specific needs.Drive safe and save

These are some specific questions might help in determining if your insurance needs will benefit from professional help.

If you're not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you don't have a local agent, complete this form. It only takes a few minutes and can help protect your family.

Quote more and you will save more

Consumers who switch companies do it for a number of reasons such as delays in paying claims, denial of a claim, lack of trust in their agent and even high rates after DUI convictions. Regardless of your reason for switching companies, choosing a new insurance company is not as difficult as it may seem.

In this article, we covered some good ideas how you can get a better price on insurance in Riverbank. The most important thing to understand is the more you quote Riverbank auto insurance, the better likelihood of getting low cost Riverbank auto insurance quotes. Consumers may even find the lowest rates come from the smaller companies.

Lower-priced insurance in Riverbank can be purchased online as well as from insurance agents, so you need to quote Riverbank auto insurance with both so you have a total pricing picture. Some insurance providers may not have online rate quotes and most of the time these smaller companies sell through independent insurance agencies.

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