Did a good deal turn out to be overpriced insurance? Say no more because many Lawndale consumers are in the same pinch.
It's hard to fathom, but almost 70% of insureds renewed their policy with the same company for at least four years, and 38% of drivers have never shopped around. Lawndale drivers could save an average of about 35% each year just by shopping around, but they don't want to take the time to compare rates and save money. Companies like GEICO and Progressive all claim big savings, bombarding you with advertising and it can be hard to not get sucked in by the cute commercials and do the work needed to find the best deal.
If you have insurance now or are shopping for new coverage, use these cost-cutting techniques to buy cheaper auto insurance without having to cut coverage. Locating the most cost-effective auto insurance policy in Lawndale is much easier if you have a good place to start. Vehicle owners just have to learn the most effective way to find the lowest price online.
Compare Lawndale car insurance quotes online
Most larger insurance companies provide pricing on the web. Comparing car insurance rates online is possible for anyone as you just type in your coverage preferences into the form. Once you submit the form, their system automatically orders your driving and credit reports and returns a price quote based on the information you submitted. The ability to get online price quotes makes comparing rates easy, and it's very important to compare as many rates as possible if you are searching for a better rate.
To quickly compare rates using this form now, take a look at the companies shown below. If you have coverage now, it's recommended you copy the limits and deductibles identical to your current policy. This guarantees you will have an apples-to-apples comparison based on the exact same insurance coverage.
The providers in the list below offer comparison quotes in California. If you wish to find the best cheap auto insurance in California, it's highly recommended you get rates from several of them to get the best price comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Silverado LT Regular Cab||$1,416||$708||$118|
|Dodge Ram Quad Cab ST 2WD||$1,694||$847||$141|
|Ford Edge Limited AWD||$1,424||$712||$119|
|Ford Escape XLS 4WD||$1,124||$562||$94|
|Ford Explorer Limited AWD||$1,166||$583||$97|
|Ford F-150 Lariat King Ranch 4WD||$2,120||$1,060||$177|
|Ford Focus SE 2-Dr Coupe||$1,462||$731||$122|
|GMC Sierra SLE Crew Cab 2WD||$1,676||$838||$140|
|Honda Accord LX-P 4-Dr Sedan||$886||$443||$74|
|Honda CR-V EX 2WD||$966||$483||$81|
|Honda Civic LX 2-Dr Coupe||$1,572||$786||$131|
|Nissan Altima 3.5 SR 2-Dr Coupe||$1,564||$782||$130|
|Toyota Camry SE||$1,202||$601||$100|
|Toyota Corolla S||$1,102||$551||$92|
|Toyota Tacoma 4WD||$1,648||$824||$137|
|Volkswagen Jetta 2.0T 4-Dr Sedan||$1,648||$824||$137|
|Get Your Own Custom Quote Go|
Table data represents single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Rate quotes do not factor in garaging location in Lawndale which can influence coverage prices considerably.
Full coverage rates vs. liability-only in Lawndale
The illustration below illustrates the difference between Kia Optima car insurance rates with full coverage compared to only the California minimum liability coverage. The information is based on no accidents, no driving violations, $100 deductibles, married male driver, and no other discounts are factored in.
Kia Optima rates are for example purposes only. To get rates for your specific vehicle, click here.
When to stop paying for full coverage
There is no exact rule to drop physical damage coverage, but there is a general guideline you can use. If the yearly cost of full coverage is more than around 10% of the replacement cost minus the deductible, then it might be time to buy liability only.
For example, let's assume your Kia Optima replacement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $8,000 after paying the physical damage deductible. If you are paying more than $800 a year to have full coverage, then you might want to think about dropping full coverage.
There are some scenarios where dropping physical damage coverage is not recommended. If you haven't paid off your loan, you have to keep full coverage as part of the loan conditions. Also, if you don't have enough money to buy a different vehicle in the even your car is totaled, you should keep full coverage.
Impact of citations and accidents on insurance rates
The illustration below illustrates how speeding tickets and fender-benders can drive up Ford Escape insurance costs for different categories of driver ages. The information is based on a single male driver, comprehensive and collision coverage, $500 deductibles, and no policy discounts are applied.
Ford Escape rates are for example purposes only. To get rates for your specific vehicle, click here.
When shopping for car insurance, a common question is how high should the deductibles for physical damage be. The comparisons below can help show the rate fluctuation of buying low and high coverage deductibles. The first price estimate table uses a $100 physical damage deductible and the second price chart uses a $500 deductible.
Nissan Sentra 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|
|Sentra 2.0 S||$332||$810||$442||$26||$132||$1,767||$147|
|Sentra 2.0 SR||$332||$810||$442||$26||$132||$1,767||$147|
|Sentra 2.0 SL||$380||$810||$442||$26||$132||$1,815||$151|
|Sentra SE-R SPEC V||$380||$932||$442||$26||$132||$1,937||$161|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Sentra 2.0 S||$242||$546||$442||$26||$132||$1,388||$116|
|Sentra 2.0 SR||$242||$546||$442||$26||$132||$1,388||$116|
|Sentra 2.0 SL||$278||$546||$442||$26||$132||$1,424||$119|
|Sentra SE-R SPEC V||$278||$630||$442||$26||$132||$1,508||$126|
|Get a Quote for Your Vehicle Go|
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Rate information does not factor in vehicle garaging location which can change premiums significantly.
Using the data above, we can ascertain that using a $100 deductible costs approximately $31 more each month or $372 each year than quoting the higher $500 deductible. Since you would have to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you tend to have more than 13 months between claim filings, you would come out ahead by going with a higher deductible. The table below shows an example of how you can do this calculation yourself.
|Average monthly premium for $100 deductibles:||$149|
|Average monthly premium for $500 deductibles (subtract):||- $118|
|Monthly savings from raising deductible:||$31|
|Difference between deductibles ($500 - $100):||$400|
|Divide difference by monthly savings:||$400 / $31|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||13 months|
Discounts can help save money on insurance
Companies don't necessarily list the complete list of policy discounts very clearly, so the list below details some of the best known as well as some of the hidden discounts that you may qualify for.
- Defensive Driver Discount - Taking part in a class that teaches driver safety techniques is a good idea and can lower rates and make you a better driver.
- Resident Student - College-age children living away from Lawndale attending college and do not take a car to college may be insured at a cheaper rate.
- Lawndale Homeowners Pay Less - Just owning your own home can save you money since owning and maintaining a home is proof of financial responsibility.
- Anti-lock Brake Discount - Cars and trucks with ABS and/or traction control prevent accidents so you can save 10 percent or more.
- Mature Driver Discount - If you're over the age of 55, you can get a discount up to 10%.
- Auto/Home Discount - If you can combine your auto and homeowners policy with the same company you may earn at least 10% off all policies.
- Discounts for Safe Drivers - Drivers who avoid accidents can get discounts for up to 45% lower rates than less cautious drivers.
- Discount for Life Insurance - Some companies give better rates if you take out some life insurance in addition to your auto policy.
- Discount for Good Grades - This discount can be rewarded with saving of up to 25%. This discount can apply until age 25.
- Early Renewal Discounts - Some insurance companies reward drivers for renewing your policy before your current coverage expires. This discount can save up to 10%.
Please keep in mind that most discounts do not apply the the whole policy. Some only reduce the cost of specific coverages such as medical payments or collision. Just because you may think you would end up receiving a 100% discount, it just doesn't work that way.
Companies and some of their more popular discounts are detailed below.
- American Family offers discounts including TimeAway discount, early bird, accident-free, good student, air bags, Steer into Savings, and mySafetyValet.
- Nationwide policyholders can earn discounts including accident-free, good student, family plan, Farm Bureau membership, and defensive driving.
- MetLife discounts include good driver, good student, accident-free, claim-free, defensive driver, multi-policy
- 21st Century has discounts for defensive driver, driver training, theft prevention, air bags, anti-lock brakes, homeowners, and good student.
- Farmers Insurance may have discounts that include pay in full, teen driver, good student, business and professional, and multi-car.
- Allstate includes discounts for FullPay discount, utility vehicle, multi-policy, passive restraint, safe driver, economy car, and anti-theft.
Double check with every insurance company which credits you are entitled to. Some discounts listed above may not apply to policyholders in every state. If you would like to see a list of companies who offer free insurance quotes in California, click this link.
Car insurance is not optional but you don't have to overpay
Despite the fact that car insurance is not cheap in Lawndale, insuring your vehicle may not be optional for several reasons.
First, just about all states have compulsory liability insurance requirements which means you are required to carry a specific minimum amount of liability insurance coverage 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.
Second, if you have a lien on your vehicle, almost every bank will force you to have insurance to ensure loan repayment if the vehicle is totalled. If you default on your policy, the lender will be forced to insure your vehicle at an extremely high rate and force you to pay for it.
Third, insurance safeguards not only your car but also your financial assets. Insurance will also pay for all forms of medical expenses for not only you but also any passengers injured in an accident. Liability insurance also covers all legal expenses up to the policy limit if someone files suit against you as the result of an accident. If mother nature or an accident damages your car, your policy will pay to have it repaired.
The benefits of having insurance greatly outweigh the cost, particularly when you have a large claim. But the average driver in California is overpaying more than $810 a year so compare rates once a year at a minimum to be sure current rates are still competitive.
Will just any policy work for me?
When quoting and choosing your policy, there isn't really a single plan that fits everyone. Every situation is different so your insurance needs to address that. These are some specific questions may help you determine if you will benefit from professional help.
- Is motorclub coverage worth it?
- What does PIP insurance cover?
- Do I have coverage when pulling a U-Haul trailer?
- Do they offer discounts for home and auto coverage?
- What is the difference between comprehensive and collision coverage?
- I have a DUI can I still get coverage?
- Is my babysitter covered when using my vehicle?
- Should I carry comprehensive and collision coverage?
- Am I covered if I crash into my own garage door?
If you're not sure about those questions but a few of them apply, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and you can get the answers you need.
You may need help from a local insurance agent
A lot of people would prefer to get professional advice from a licensed agent and that is OK! Professional agents can help you build your policy and help submit paperwork. An additional benefit of price shopping on the web is you can get cheap auto insurance rates and still have a local agent.
For easy comparison, once you complete this simple form, your insurance coverage information is emailed to companies in Lawndale that provide free Lawndale auto insurance quotes for your insurance coverage. There is no need to search for any insurance agencies since rate quotes are delivered to you directly. In the event you want to compare prices from a specific auto insurance provider, feel free to jump over to their website and fill out the quote form the provide.
Selecting an insurance company should include more criteria than just the price. Below are some questions you should ask.
- What company do they have the most business with?
- Which insurance companies are they affiliated with?
- Will they make sure you get an adequate claim settlement?
- Who is covered by the car insurance policy?
- What is their Better Business Bureau rating?