The car, truck, or SUV requiring insurance is one of the primary factors when quoting economical car insurance for drivers under 21. Vehicles with lots of horsepower, poor passenger safety features, or an increased likelihood of liability claims will cost quite a bit more to insure than safer models. The next table features car insurance costs for a handful of the most budget-friendly automobiles to insure.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V LX 2WD||$3,564|
|Honda Accord LX-P 4-Dr Sedan||$3,570|
|Ford Escape XLT 2WD||$3,564|
|Jeep Wrangler Sport 4WD 2-Dr||$3,651|
|Ford F-150 STX Regular Cab 2WD||$3,916|
|Dodge Grand Caravan SE||$3,969|
|Volkswagen Jetta SE 2.5 Station Wagon||$4,201|
|Toyota Tacoma Double Cab 4WD||$4,236|
|Nissan Altima 2.5 4-Dr Sedan||$4,246|
|Toyota RAV4 Sport 4WD||$4,236|
|Chevrolet Malibu LT||$4,289|
|Ford Explorer Limited 2WD||$4,299|
|Ford Focus SES 4-Dr Sedan||$4,447|
|Toyota Camry XLE||$4,500|
|Honda Odyssey EX-L W/Rear Entertainment||$4,508|
|Hyundai Elantra SE 4-Dr Sedan||$4,500|
|Toyota Corolla LE||$4,510|
|Ford Edge Sport 2WD||$4,500|
|Chevrolet Impala LTZ||$4,506|
|Compare Cheap Rates Go|
Data variables include single male driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium costs do not factor in specific California garaging location which can alter premiums greatly.
Looking at the data, you can expect vehicles like the Honda CR-V, Honda Accord, and Ford Escape are most likely going to be the more affordable vehicles to insure for minors. Auto insurance rates will tend to be higher because there is more claim exposure for drivers under 21, but in general those particular vehicles will probably have the lowest insurance prices available.
Comparing rates for budget auto insurance is not the easiest thing to accomplish, and determining which company offers the cheapest insurance rates for drivers under 21 in California takes a bit more work. Insurance rates will most likely be quite a bit more expensive than the average policy in California attributed to the higher likelihood of claims that comes with selling insurance for minors, but economical coverage should be available if you shop around. Each auto insurer uses their own calculation for determining rates in each state, so first let's look at the rankings for the overall cheapest insurance companies in California.
It's important to understand that California insurance rates are impacted by many factors which can substantially decrease or increase the policy price. Simply having a birthday, having a teenage driver, or getting caught speeding can produce rate changes that can make some companies more expensive than competitors.
Cheapest Insurance Rates for Minors
USAA may offer some of the best car insurance rates in California at around $1,109 annually. This is $542 less than the average rate paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide also qualify as some of the most economical California car insurance companies.
As the example above demonstrates, if you buy coverage from Century National and switched to USAA, you might achieve yearly savings of in the vicinity of $81. Drivers with CSAA may save as much as $89 a year, and Nationwide policyholders might lower prices by up to $117 a year.
To compare your rates to other California insurance companies, click here to start your custom quote or click several companies below for low rates.
Understand that those prices are averages for all types of drivers and the different vehicles they drive and are not factoring in a price surcharge for drivers under 21. So the car insurance company that is best suited for you may not even be in the top 24 companies shown above. That points out the importance of why you need to quote rates from many companies using your own driver information and specific vehicle type.
Finding the right car insurance company can be challenging considering how many different companies insure vehicles in California. The company information in the lists below can help you choose which companies you want to consider when shopping car insurance rates for drivers under 21.
The ratings below only include large, nationwide insurance companies, so companies that may only write in California are not factored into the list. To compare prices from these top-rated insurers and more, simply click here.
Top 10 Major Auto Insurance Companies in California Ranked by Claims Service
- AAA of Southern California
- State Farm
- AAA Insurance
- Liberty Mutual
- Titan Insurance
- The Hartford
Top 10 Major Auto Insurance Companies in California Ranked by Value
- American Family
- The Hartford
- AAA of Southern California
- Titan Insurance
- The General
- AAA Insurance
- State Farm
- Mercury Insurance
Discounts on California car insurance
Insurers that offer cheap quotes for drivers under 21 may provide special discounts that could potentially reduce rates by as much as 25% or more if you are eligible. The best insurance companies and some of the discounts are:
- GEICO discounts include anti-theft, multi-vehicle, air bags, five-year accident-free, driver training, and daytime running lights.
- Mercury Insurance offers premium reductions for anti-theft, good driver, multi-car, professional/association, ease of repair, and multi-policy.
- Farmers Insurance policyholders can earn discounts including electronic funds transfer, business and professional, pay in full, early shopping, bundle discounts, alternative fuel, and teen driver.
- Auto-Owners Insurance may offer discounts for student away at school, multiple vehicles, safe driver, safe vehicle, group or association, mature driver, and good student.
- Liberty Mutual includes discounts for preferred payment discount, newly retired, multi-car, exclusive group savings, new move discount, and newly married.
- SAFECO has savings for teen safe driver, homeowner, safe driver, anti-lock brakes, and multi-car.
- Progressive offers discounts for multi-policy, good student, continuous coverage, online quote discount, and multi-vehicle.
- USAA may have discounts that include new vehicle, vehicle storage, defensive driver, military installation, safe driver, and driver training.
The diagram below compares insurance costs with and without discounts applied to the rates. The rates are based on a female driver, no claims or driving citations, California state minimum liability limits, full coverage, and $250 deductibles.
The first bar for each age group shows insurance cost with no discounts. The second shows the rates with paperless filing, good student, anti-theft, passive restraint, continuous coverage, and vehicle safety discounts applied. When taking advantage of discounts, theaverage yearly reduction on insurance for drivers under 21 is 21% or $465.
The information below demonstrates how choosing different deductibles can impact insurance rates when trying to find cheap insurance for drivers under 21 in California. The data assumes a single female driver, comprehensive and collision coverage, and no discounts are applied to the premium.
The chart above illustrates that a 50-year-old driver could lower rates by $490 a year by increasing from a $100 deductible up to a $500 deductible, or save $736 by choosing a $1,000 deductible. Even younger insureds, like the Age 20 chart data, could lower their rates as much as $1,246 every year by choosing a larger deductible amount.
If you do raise deductibles, it is essential to have enough funds in savings to allow you to pay the extra out-of-pocket expense that deters many people from opting for higher deductibles.
Ideas for finding cheaper auto insurance for drivers under 21 in California
The list below details many money-saving suggestions that can help drivers locate cheap car insurance.
- Avoid accidents
- Frequent claims will increase rates
- Drivers with good credit often pay less
- Save money by bundling your home and auto policies
- Raise your deductibles
- Speeding tickets and other violations increase rates
- Shop around for cheaper prices often
The last suggestion is incredibly critical, as was affirmed in the prior article. Auto insurance rates can be adjusted at any time, so drivers shouldn't hesitate to switch carriers if a more affordable price is available. Many consumers stick with the same company and that's fine, but it isn't a good idea if that inflexibility results in costing you hundreds every year. Take a few minutes and compare rates to find cheaper car insurance for drivers under 21.