Want to know how to find more affordable insurance rates in Placentia, CA? Vehicle owners new to comparing auto insurance quotes on the internet are likely to find sourcing cheaper Placentia auto insurance is not as easy as it seems.
Sad but true, nearly 70% of customers kept their coverage with the same insurance company for well over three years, and approximately 38% of consumers have never quoted rates to find lower-cost coverage. Most drivers in California could save $500 each year by just comparing rate quotes, but most tend to underestimate the benefits if they switch to a new company.
It's smart to compare rates yearly because insurance prices change frequently. Even if you think you had the lowest price on insurance a year ago you can probably find a better rate now. Forget anything you know (or think you know) about insurance because you're going to get a crash course in the fastest and easiest way to remove unneeded coverages and save money.
We hope to let you in on the best ways to compare prices and some tips to save money. If you currently have auto insurance, you will most likely be able to cut your premiums using the concepts covered in this article. Nevertheless, California drivers must know how insurance companies price online insurance and use it to your advantage.
Auto insurance companies in Placentia
The following companies provide price comparisons in Placentia, CA. To buy the cheapest car insurance in California, we recommend you visit two to three different companies in order to get a fair rate comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Silverado LTZ Extended Cab 2WD||$1,730||$865||$144|
|Dodge Ram Crew Cab Laramie 4WD||$1,814||$907||$151|
|Ford Escape XLS 4WD||$1,428||$714||$119|
|Ford F-150 XL Super Cab 2WD||$1,442||$721||$120|
|Ford Focus SE 4-Dr Sedan||$1,192||$596||$99|
|Honda Accord LX-P 4-Dr Sedan||$1,178||$589||$98|
|Honda CR-V EX-L 2WD||$1,336||$668||$111|
|Honda Civic EX 4-Dr Sedan||$1,804||$902||$150|
|Honda Odyssey EX-L||$1,302||$651||$109|
|Jeep Grand Cherokee Laredo 4WD||$1,348||$674||$112|
|Mazda 3 S Sport 4-Dr Hatchback||$1,484||$742||$124|
|Nissan Altima Hybrid 4-Dr Sedan||$1,710||$855||$143|
|Toyota Camry LE||$1,142||$571||$95|
|Toyota Corolla XLE||$1,454||$727||$121|
|Get Your Own Custom Quote Go|
Data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Price estimates do not factor in specific Placentia garaging location which can change prices noticeably.
How careless driving impacts auto insurance rates
The example below highlights how traffic violations and accident claims can influence Ford Escape car insurance rates for different age groups. The rates are based on a single female driver, full coverage, $1,000 deductibles, and no policy discounts are applied.
Ford Escape rates are for example purposes only. To get rates for your specific vehicle, click here.
Should you raise deductibles?
The illustration below shows how choosing a deductible and can raise or lower Honda Civic premium costs for different ages of insureds. The costs are based on a single female driver, full coverage, and no discounts are taken into consideration.
Honda Civic rates are for example purposes only. To get rates for your specific vehicle, click here.
Gender-based auto insurance premiums in Placentia
The illustration below compares insurance prices for male and female drivers in Placentia. The premium estimates are based on no claims or violations, comp and collision included, $250 deductibles, drivers are single, and no discounts are factored in on a Honda Civic Hybrid.
Honda Civic rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
These six discounts can slash car insurance rates
Companies that sell car insurance don't list all available discounts in an easy-to-find place, so we took the time to find some of the best known in addition to some of the lesser obvious credits that may apply to you. If you don't get every credit you deserve, you're paying more than you need to.
- Discount for Swiching Early - Some larger companies reward drivers for switching companies before your current coverage expires. This can save 10% or more.
- Pay Now and Pay Less - By paying your entire bill at once rather than paying monthly you could save up to 5%.
- Membership in Organizations - Belonging to a professional or civic organization may earn a discount when getting a Placentia auto insurance quote.
- Federal Employees - Having worked for a branch of the government can earn a discount up to 10% depending on your company.
- One Accident Forgiven - This isn't a discount exactly, but some insurance companies will turn a blind eye to one accident before they charge you more for coverage with the catch being you have to be claim-free for a specific time period.
- Student Discounts - Maintaining excellent grades can get you a discount of up to 25%. Earning this discount can benefit you well after school through age 25.
One thing to note about discounts is that some of the credits will not apply to all coverage premiums. The majority will only reduce individual premiums such as medical payments or collision. Despite the appearance that it's possible to get free car insurance, that's just not realistic.
Some of the larger companies that may have these money-saving discounts include:
Before you buy a policy, ask all companies you are considering what discounts are available to you. Some of the discounts discussed earlier might not be offered on policies in your state. To choose providers with the best car insurance discounts in Placentia, follow this link.
Can't I compare prices from local Placentia car insurance agents?
Some consumers still prefer to get advice from a local agent and that is a personal choice. A good thing about comparing auto insurance online is you can get lower premium rates but also keep your business local. And buying from small agencies is still important in Placentia.
After filling out this form (opens in new window), your information is emailed to insurance agents in Placentia who will give competitive quotes and help you find cheaper coverage. There is no need to search for an agent since price quotes are sent directly to your email. You can find the lowest rates AND a local agent. If you want to get a rate quote from a specific company, feel free to go to their quote page and fill out their quote form.
If you prefer to buy auto insurance from a reputable insurance agent or broker, it's helpful to know the different types of agents and how they differ in how they can insure your vehicles. Placentia agents can either be independent or exclusive.
Independent Auto Insurance Agencies or Brokers
Agents that choose to be independent do not sell for just one brand and that enables them to quote your coverage with an assortment of companies depending on which coverage is best. If they find a lower price, they simply switch companies in-house and you don't have to do anything. When comparing rates, you absolutely need to include several independent agencies to have the most options to choose from. They often place coverage with small regional insurance companies that many times have cheaper rates.
Exclusive Insurance Agents
These agents normally can only provide a single company's rates like Farmers Insurance, American Family, State Farm and Allstate. They generally cannot provide rate quotes from other companies so it's a take it or leave it situation. These agents receive extensive training on the products they sell which can be an advantage. Many people use the same exclusive agent mainly due to the prominence of the brand rather than low rates.
Picking the best insurance agent needs to be determined by more than just a cheap price. Agents should be asked these questions:
- How many years have they been established?
- Does the agency have a good rating with the Better Business Bureau?
- Are they giving you every discount you deserve?
- Will the agent or a CSR service your policy?
- Do they have designations such as AIC, CPCU, or CIC?
Car insurance specifics
Knowing the specifics of car insurance can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement.
Comprehensive car insurance
This coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for things such as damage from getting keyed, hitting a deer, fire damage and a tree branch falling on your vehicle. The maximum payout a car insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.
Liability insurance protects you from damages or injuries you inflict on a person or their property that is your fault. This insurance protects YOU against other people's claims. Liability doesn't cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 15/30/5 which means $15,000 bodily injury coverage, a per accident bodily injury limit of $30,000, and property damage coverage for $5,000. Some companies may use one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability coverage pays for claims like repair costs for stationary objects, emergency aid, medical expenses and legal defense fees. How much liability should you purchase? That is your choice, but buy higher limits if possible. California state minimum liability requirements are 15/30/5 but it's recommended drivers buy more coverage.
Coverage for uninsured or underinsured drivers
Your UM/UIM coverage protects you and your vehicle's occupants when the "other guys" either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as damage to your vehicle.
Since a lot of drivers carry very low liability coverage limits (15/30/5), their limits can quickly be used up. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time the UM/UIM limits are similar to your liability insurance amounts.
Coverage for medical expenses
Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for doctor visits, surgery and funeral costs. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage
Coverage for collisions
Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.
Collision insurance covers claims like hitting a mailbox, sideswiping another vehicle, scraping a guard rail and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.
The best insurance company isn't always the cheapest
Throughout this article, we presented a lot of ways to save on car insurance in Placentia. The most important thing to understand is the more times you quote, the better your chances of lowering your prices. You may even find the lowest premium rates are with a small local company.
Insureds change insurance companies for many reasons like high prices, high rates after DUI convictions, not issuing a premium refund and lack of trust in their agent. It doesn't matter why you want to switch finding a new car insurance company can be easier than you think.
As you prepare to switch companies, it's not a good idea to buy lower coverage limits just to save a few bucks. In many instances, drivers have reduced liability coverage limits only to discover later that saving that couple of dollars actually costed them tens of thousands. Your focus should be to buy enough coverage at an affordable rate.
- Eight Auto Insurance Myths (Insurance Information Institute)
- Who Has Cheap Car Insurance Rates for High School Students in California? (FAQ)
- How Much are Car Insurance Quotes for Drivers with a Bad Driving Record in California? (FAQ)
- What is the Cheapest Car Insurance in Fremont, California? (FAQ)
- How Much are Car Insurance Quotes for a Nissan Sentra in California? (FAQ)
- Choosing a Car for Your Teen (State Farm)
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)