Want to learn how to buy low-cost auto insurance rates in South Lake Tahoe, CA? If you're searching for lower-cost insurance online, are you frustrated by the dozens of auto insurance sources in your area? Lot's of other people are too. California drivers have so many choices that it can be a lot of work to lower your premium rates. Lots of people think South Lake Tahoe has lots to offer, but getting gouged by high auto insurance rates makes it very hard to affordably insure vehicles.

Sadly, nearly 70% of drivers kept their policy with the same company for at least four years, and nearly the majority have never quoted auto insurance rates at all. With the average premium in California being $1,387, drivers could save nearly 35% each year just by comparing rates, but they just don't want to go online and compare rates.

Best companies for affordable rate quotes in California

The companies shown below provide quotes in California. If you wish to find cheaper car insurance in California, it's a good idea that you visit two to three different companies to get the cheapest price.

Insurance Rates for Popular Vehicles in South Lake Tahoe
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Impala LS $1,450 $725 $121
Chevrolet Silverado LT Extended Cab 2WD $1,302 $651 $109
Dodge Ram Quad Cab TRX4 Off Road 4WD $1,618 $809 $135
Ford Escape XLT 4WD $1,532 $766 $128
Ford F-150 FX4 4WD $1,330 $665 $111
Ford Focus SE 4-Dr Sedan $1,118 $559 $93
Ford Fusion Hybrid 4-Dr Sedan $1,938 $969 $162
Honda Accord EX 2-Dr Coupe $1,366 $683 $114
Honda CR-V EX 4WD $1,126 $563 $94
Honda Civic SI 2-Dr Coupe $1,780 $890 $148
Jeep Wrangler Sport 4WD 2-Dr $1,130 $565 $94
Kia Optima SX $1,730 $865 $144
Mazda 3 S Sport 4-Dr Sedan $1,252 $626 $104
Nissan Altima 3.5 SR 2-Dr Coupe $2,304 $1,152 $192
Toyota Camry LE $1,304 $652 $109
Toyota Corolla S $1,232 $616 $103
Toyota RAV4 4WD $1,164 $582 $97
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Table data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Estimates do not factor in garaging location in South Lake Tahoe which can raise or lower insurance rates considerably.

Difference between full coverage and liability only rates

The diagram below shows the difference between Chevrolet Silverado insurance costs when comparing full coverage to state minimum liability only. The premium estimates are based on a clean driving record, no at-fault accidents, $1,000 deductibles, single female driver, and no policy discounts are applied.

Chevrolet Silverado 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 clear-cut formula for eliminating full coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than about 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let's pretend your Chevrolet Silverado replacement value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, you would only receive $3,000 after the deductible is paid. If you are currently paying more than $300 annually for full coverage, then you may want to consider only buying liability coverage.

There are some circumstances where buying only liability insurance is not recommended. If you still have a lienholder on your title, you are required to maintain full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not drop full coverage.

Insurance premiums for males and females

The information below shows the comparison of car insurance rates for male and female drivers in South Lake Tahoe. The price estimates are based on a clean driving record, no at-fault accidents, comprehensive and collision coverage, $250 deductibles, marital status is single, and no policy discounts are applied on a Hyundai Elantra GLS.

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

Auto insurance quotes and discounts

Properly insuring your vehicles can get expensive, but you might be missing out on some discounts that can drop the cost substantially. Some of these discounts will be visible at the time of purchase, but some discounts are required to be requested specifically prior to receiving the credit.Discount auto insurance

Discounts reduce rates, but you should keep in mind that some credits don't apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like liability and collision coverage. Despite the fact that it seems like you would end up receiving a 100% discount, you're out of luck.

Some of the larger companies that may have many of the previously listed discounts include:

If you need affordable South Lake Tahoe auto insurance quotes, ask each insurance company which discounts you qualify for. Some discounts may not apply to policies in every state.

What insurance coverages do I need?

Keep in mind that when it comes to choosing coverage for your vehicles, there really is not a perfect coverage plan. Every situation is different.Drive safe and save

These are some specific questions may help you determine whether you might need professional guidance.

If you don't know the answers to these questions but one or more may apply to you, you might consider talking to an agent. If you don't have a local agent, take a second and complete this form.

Local South Lake Tahoe insurance agencies and insurance

A small number of people just prefer to get professional advice from a licensed agent and doing so can bring peace of mind The biggest benefit of getting online price quotes is you may find lower rates and still have an agent to talk to. Buying insurance from local agents is important especially in South Lake Tahoe.

Find insurance agent in South Lake TahoeUpon completion of this simple form, your coverage information is submitted to insurance agents in South Lake Tahoe that can provide free South Lake Tahoe auto insurance quotes for your insurance coverage. You never need to find an agent because quoted prices will be sent to you. Get lower rates without having to waste a lot of time. If for some reason you want to get a comparison quote from a specific insurance company, don't hesitate to search and find their rate quote page and give them your coverage information.

Deciding on a insurance company requires you to look at more than just the price. The following questions are important to ask.

Beware of misleading car insurance ads

Popular car insurance providers such as Progressive, Allstate and GEICO seem to constantly run ads on television and other media. All the ads state the claim about saving some big amount if you move your car insurance coverage to their company. That's great but how can every company charge less that you're paying now? This is the trick they use.

All the different companies have specific characteristics for the right customer that is profitable for them. For example, a desirable insured should be between the ages of 30 and 50, has a clean driving record, and does not commute to work. A propective insured who matches that profile will get a cheap rate quote in South Lake Tahoe and is almost guaranteed to save money with a new company.

People who fall outside those criteria will be charged a more expensive rate which leads to the driver buying from a lower-cost company. The trick companies use is to say "drivers that switch" not "everyone who quotes" save that much money. That's the way insurance companies can confidently make those statements.

Because every company is different, you absolutely need to do a quote comparison often. It is impossible to guess with any certainty which company will have better premium rates than you're paying now.

Learn about auto insurance coverages

Having a good grasp of your auto insurance policy can be of help when determining which coverages you need and proper limits and deductibles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Coverage for liability

Liability insurance provides protection from damages or injuries you inflict on people or other property. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 15/30/5 that means you have a $15,000 limit per person for injuries, a limit of $30,000 in injury protection per accident, and property damage coverage for $5,000. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability insurance covers claims such as bail bonds, attorney fees and pain and suffering. How much liability coverage do you need? That is your choice, but buy as high a limit as you can afford. California requires minimum liability limits of 15/30/5 but it's recommended drivers buy more liability than the minimum.

Liability Insurance Claims by Vehicle Make and Model
Lowest Claim Frequency Highest Claim Frequency
Acura MDX Dodge Charger
Fiat 500 Hyndai Accent
Subaru Outback Mitsubishi Lancer
Volvo XC60 Chevrolet Sonic
Chevrolet Corvette Chevrolet Cruze
Audi A6 Chrysler 200

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Auto collision coverage

This coverage covers damage to your vehicle resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like sideswiping another vehicle, crashing into a ditch, sustaining damage from a pot hole, rolling your car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to raise the deductible to bring the cost down.

Collision Insurance Claims by Vehicle Model
Lowest Claim Frequency Highest Claim Frequency
Nissan Xterra Nissan GT-R
Smart ForTwo Maserati Granturismo
Ford F-150 SuperCrew Ferrari 458
Ford F-250 SuperCab Bently Continental GTC
GMC Canyon BMW M6
Jeep Wrangler Bentley Continental Flying Spur

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like a tree branch falling on your vehicle, rock chips in glass, hail damage and damage from getting keyed. The maximum amount your auto insurance company will pay is the cash value of the vehicle, so if the vehicle's value is low consider removing comprehensive coverage.

Comprehensive Coverage Claims by Vehicle
Lowest Claim Frequency Highest Claim Frequency
Infiniti QX50 Porsche Panamera GTS
Chevy Silverado 2500 Maserati Granturismo
Chevy Spark Audi S7
Volvo V60 Maserati Quattroporte
Smart ForTwo Bentley Continental GT
GMC Sierra 2500 BMW M6

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for surgery, X-ray expenses, dental work, pain medications and hospital visits. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Lowest and Highest Medical Payment Insurance Claims by Vehicle Make and Model
Lowest Claim Frequency Highest Claim Frequency
Audi A4 Allroad Chrysler 200
Chevrolet Silverado 3500 Nissan Sentra
Ford F-250 SuperCrew Mitsubishi Mirage
Land Rover Range Rover Sport Chevrolet Spark
Chevrolet Corvette Chevrolet Sonic
Ford F-350 SuperCrew Nissan Versa

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

UM/UIM Coverage

This protects you and your vehicle's occupants from other motorists when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as damage to your vehicle.

Since many California drivers only carry the minimum required liability limits (15/30/5), it doesn't take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Normally these coverages are similar to your liability insurance amounts.

Don't give up on cheaper rates

When trying to cut insurance costs, it's a bad idea to skimp on coverage in order to save money. There are many occasions where consumers will sacrifice uninsured motorist or liability limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to purchase plenty of coverage for the lowest cost, but do not sacrifice coverage to save money.

We just covered a lot of ways to get a better price on car insurance in South Lake Tahoe. The key thing to remember is the more quotes you get, the higher the chance of saving money. Drivers may even discover the lowest prices come from an unexpected company.

Insureds switch companies for any number of reasons including high rates after DUI convictions, not issuing a premium refund, delays in responding to claim requests or even being labeled a high risk driver. It doesn't matter why you want to switch switching car insurance companies is less work than it seems.

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