Would you like to stop overpaying and find more affordable insurance rates in Paramount, CA? No one in their right mind gets a kick out of paying for insurance, especially knowing they could lower their rates if they shopped around.

A recent insurance study revealed that a large majority of drivers have been with the same company for more than four years, and nearly the majority have never shopped around. With the average insurance premium being $1,847, American drivers could save an average of up to $859 each year, but they feel it's too difficult to shop their coverage around. Companies like Allstate, Liberty Mutual and State Farm persitently shower you with advertising and it is challenging if not impossible to not get sucked in by the cute commercials and take the time to shop coverage around.

Consumers need to get comparison quotes periodically because insurance prices change frequently. Just because you had the lowest price on insurance last year the chances are good that you can find a lower rate today. There is a lot of bad advice regarding insurance on the internet, but you can learn some of the best techniques to reduce your insurance bill.

How to buy Paramount insurance online

The providers in the list below provide free quotes in California. To get the cheapest car insurance in California, we suggest you visit two to three different companies to get the best price comparison.

Insurance Rates for Popular Vehicles in Paramount
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Silverado LT Extended Cab 2WD $1,570 $785 $131
Dodge Ram Quad Cab Sport 2WD $1,788 $894 $149
Ford Escape XLS 4WD $990 $495 $83
Ford F-150 Lariat King Ranch 4WD $2,120 $1,060 $177
Ford Focus S 4-Dr Sedan $1,418 $709 $118
Ford Fusion Hybrid 4-Dr Sedan $1,882 $941 $157
Honda Accord LX 4-Dr Sedan $1,134 $567 $95
Honda CR-V EX 4WD $1,066 $533 $89
Honda Civic Hybrid 4-Dr Sedan $1,660 $830 $138
Honda Odyssey LX $1,370 $685 $114
Nissan Altima 2.5 S 2-Dr Coupe $1,410 $705 $118
Toyota Camry SE $1,638 $819 $137
Toyota Corolla XRS $2,072 $1,036 $173
Volkswagen Jetta 2.0T Station Wagon $1,038 $519 $87
Get Your Own Custom Quote Go

Data rating is based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Premium costs do not factor in vehicle garaging location which can impact premiums considerably.

Rate increases following a ticket or accident

The illustration below demonstrates how citations and at-fault collisions raise Honda Pilot insurance costs for each age group. The data is based on a single male driver, comprehensive and collision coverage, $100 deductibles, and no additional discounts are factored in.

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

Analysis of deductible levels

The illustration below illustrates how your choice of deductibles and can increase or decrease Honda Pilot insurance rates for each age group. The data assumes a married female driver, full coverage, and no discounts are applied to the premium.

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

Liability-only rates compared to full coverage

The chart below visualizes the comparison of Nissan Sentra car insurance rates with full physical damage coverage and with liability coverage only. The data assumes no accidents or driving violations, $500 deductibles, married female driver, and no discounts are applied to the premium.

Nissan Sentra rates are for example purposes only. To get rates for your specific vehicle, click here.

Should you be buying full coverage?

There is no specific rule of when to exclude physical damage coverage on your policy, but there is a guideline you can consider. If the yearly cost of full coverage is more than around 10% of any settlement you would receive from your insurance company, then you might consider buying liability only.

For example, let's pretend your Nissan Sentra replacement cost is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company would pay you is $5,000 after paying the physical damage deductible. If premiums are more than $500 a year for full coverage, then you may need to consider dropping full coverage.

There are a few situations where eliminating full coverage is not a good idea. If you still owe money on your vehicle, you have to maintain full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not remove full coverage.

Score discounts on Paramount insurance

Some companies don't necessarily list their entire list of discounts very well, so the list below details both the well known in addition to some of the lesser obvious discounts you could be receiving when you buy Paramount auto insurance online.Insurance discounts

You should keep in mind that most discounts do not apply to the overall cost of the policy. Most cut individual premiums such as medical payments or collision. Just because you may think all those discounts means the company will pay you, that's just not realistic.

Companies and a selection of discounts are outlined below.

When comparing rates, check with every company which discounts you may be entitled to. Some credits may not apply to policyholders in your state. To see a list of providers with discount insurance rates in California, click here.

Why informed consumers get cheaper prices in Paramount

Consumers need to have an understanding of the factors that help determine auto insurance rates. If you understand what influences your rates, this enables informed choices that may reward you with big savings. Many things are used in the calculation when you quote your car insurance policy. Some are obvious like an MVR report, but others are more obscure such as your credit history or your vehicle rating.

The itemized list below are some of the things used by insurance companies to determine your prices.

Tailor your insurance coverage to you

When quoting and comparing your policy, there really isn't a cookie cutter policy. Every insured's situation is different and a cookie cutter policy won't apply.Higher deductibles save money For example, these questions may help highlight whether you could use an agent's help.

If you don't know the answers to these questions, you may need to chat with an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of insurance companies in your area. It only takes a few minutes and may give you better protection.

Vehicle claim statistics

Are you driving a vehicle that ranks well for claims? The following claim statistics show the best and worst models for overall likelihood of having claims.

Lowest and Highest Bodily Injury Liability Claims by Vehicle
Lowest Claim Amount Highest Claim Amount
Mercedes-Benz SL Class Chevrolet Sonic
Subaru Forester Dodge Charger
Subaru Outback Chevrolet Impala
Acura MDX Mitsubishi Mirage
Fiat 500 Chrysler 200
Chevrolet Corvette Kia Rio

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Collision Coverage Claims by Vehicle
Lowest Claim Amount Highest Claim Amount
GMC Canyon Maserati Granturismo
Chevrolet Colorado Bently Continental GTC
Jeep Wrangler BMW M6
Smart ForTwo Bently Continental GT
Ford F-150 SuperCrew Maserati Ghibli
Ford Edge Ferrari 458

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Vehicle Models with the Lowest and Highest Medical Payment Claims
Lowest Claim Amount Highest Claim Amount
Tesla Model S Mitsubishi Mirage
Ford Expedition Mitsubishi Lancer
Audi A4 Allroad Kia Forte
Ford F-350 SuperCrew Nissan Versa
Land Rover Range Rover Sport Hyundai Accent
Ford F-250 SuperCrew Chevrolet Sonic

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lowest and Highest Comprehensive Insurance Claims by Manufacturer Model
Lowest Claim Amount Highest Claim Amount
Infiniti QX50 Bentley Continental GT
Nissan Xterra Maserati Quattroporte
Chevy Spark Mercedes-Benz S Class
Nissan Leaf Maserati Granturismo
Smart ForTwo BMW M6
Ford F-350 Audi S7

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Why you might not save $488 a year

California drivers can't get away from ads that claim the cheapest prices from the likes of Allstate and Progressive. They all seem to try to convey promises that you'll save big if you get a free Paramount auto insurance quote and switch your car insurance coverage to their company.

How does each company give you a lower rate on car insurance? This is the trick they use.

Many companies have an ideal profile for the type of insured that will generate a profit. An example of a preferred risk might be over the age of 45, owns a home, and drives less than 7,500 miles a year. Any customer that matches those criteria will most likely get cheap prices as well as save a lot on Paramount car insurance if they switch.

Drivers who fall short of the requirements may be required to pay higher premiums and ends up with the customer not purchasing. If you listen closely, the ads state "customers who switch" not "everyone that quotes" save money. That's why insurance companies can confidently claim big savings. This really emphasizes why you should get as many free Paramount auto insurance quotes as possible. It's just not possible to know which insurance companies will be your best fit.

How much can you save?

We just showed you many tips how you can save on insurance in Paramount. The key thing to remember is the more providers you compare, the better likelihood of getting cheap Paramount auto insurance quotes. You may even be surprised to find that the biggest savings come from the least-expected company. Smaller companies may often insure only within specific states and give getter rates than the large multi-state companies such as Allstate, GEICO and Progressive.

As you prepare to switch companies, it's very important that you do not reduce coverage to reduce premium. There have been many cases where someone dropped physical damage coverage only to find out they didn't have enough coverage. The ultimate goal is to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.

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