The words “affordable” and “insurance” probably shouldn’t be used in the same sentence, specifically when you are shopping around for the best price on coverage for 20 year old women. Because it’s not cheap, let’s take a look at a few of the factors that have an effect on insurance prices, and see if you can reduce the cost of the next policy you buy.
The vehicle requiring insurance is one of the largest factors when comparing the most economical car insurance for 20 year old women. Vehicles with limited speed and performance, a great safety record, or a low likelihood of having liability claims will cost substantially less to insure than high performance models. The list below features insurance costs for the cheapest vehicles to buy coverage for.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V LX 2WD||$2,220|
|Ford Escape XLS 2WD||$2,225|
|Chevrolet Silverado LS Regular Cab 4WD||$2,457|
|Dodge Grand Caravan CV||$2,491|
|Ford F-150 XLT Super Cab 2WD||$2,498|
|Ford Explorer Eddie Bauer 2WD||$2,491|
|Volkswagen Jetta 2.0T Station Wagon||$2,571|
|Ford Edge SEL AWD||$2,598|
|Toyota Tacoma 2WD||$2,605|
|Honda Odyssey EX W/Rear Entertainment||$2,598|
|Toyota RAV4 4WD||$2,632|
|Chevrolet Equinox LS 2WD||$2,639|
|Chevrolet Impala LT||$2,632|
|Chevrolet Malibu LS||$2,639|
|Jeep Grand Cherokee Laredo 2WD||$2,632|
|Dodge Ram 3500 Crew Cab Laramie 2WD||$2,664|
|Jeep Wrangler Unlimited Sport 4WD 4-Dr||$2,742|
|Ford Focus SEL 4-Dr Sedan||$2,748|
|Hyundai Elantra GLS 4-Dr Sedan||$2,776|
|Nissan Altima 2.5 S 4-Dr Sedan||$2,784|
|Toyota Corolla S||$2,776|
|Toyota Camry XLE||$2,783|
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Table data assumes single female driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium costs do not factor in specific Riverside, CA garaging location which can change premium rates greatly.
Looking at the numbers, you can infer that cars like the Honda CR-V, Ford Escape, and Toyota Prius are likely to be the cheaper vehicles to insure for young women. Auto insurance rates will be higher anyway just due to the fact that there is more exposure for 20 year old women, but overall those specific models will tend to have the best insurance prices compared to all other vehicles.
Finding decent, cheap car insurance is not always easy, and determining which companies quote the best car insurance rates for 20 year old women will take even more shopping around.
Each auto insurance company has a different process to determine rates, so to begin we’ll rank the car insurance companies with the overall cheapest rates in Riverside, CA. It’s important that readers know that California car insurance rates are impacted by many factors that control the cost of having a policy. Improving your credit score, becoming a homeowner, or getting a ticket for careless driving can trigger rate changes resulting in some companies being more affordable than the competition.
Find the Best Cheap Insurance for Women Age 20
|Rank||Company||Cost Per Year|
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USAA may offer some of the cheapest car insurance rates in Riverside at around $1,143 a year. This is $508 less than the average rate paid by California drivers of $1,651. Wawanesa, CSAA, Nationwide, and Century National also are some of the most economical Riverside, CA insurance companies.
As illustrated above, if you are insured with Century National and switched to Wawanesa, you could earn annual savings of approximately $45. Drivers with 21st Century might save as much as $185 a year, and Grange insureds might reduce rates by $296 a year.
To find out how your current rates compare, click here to start your custom quote or quote prices from the following companies.
Understand that those rates are averaged for all insureds and vehicles and and are not figured with an exact zip code location for 20 year old women. So the auto insurance company that fits your situation best may not even be in the list above. That’s why you need to compare as many prices as possible using your own specific driver and vehicle information.
For young women, one of the big components that help determine insurance cost is where you live. Areas with more people or more claims are more likely to have higher rates, whereas areas that tend to be more rural have the benefit of cheaper car insurance.
The table below rates the highest-priced places in California for 20 year old women to buy car insurance in. Riverside shows up at #13 with the annual price of $1,527 for the average policy, which is approximately $127 per month.
|Rank||City||Premium Per Year|
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Table data uses comparative as the garaging address in Riverside can influence premiums significantly.
Get discount Riverside auto insurance
Insurers that offer coverage for 20 year old women may also give you policy discounts that may potentially lower prices by 30% or more if you are eligible to receive them. A list of companies and a partial list of their discounts are:
- State Farm includes discounts for multiple autos, accident-free, Drive Safe & Save, driver’s education, and safe vehicle.
- Farmers Insurance may have discounts that include distant student, pay in full, electronic funds transfer, alternative fuel, youthful driver, homeowner, and multi-car.
- Progressive may offer discounts for good student, continuous coverage, online signing, homeowner, and multi-policy.
- GEICO policyholders can earn discounts including good student, membership and employees, seat belt use, driver training, emergency military deployment, multi-vehicle, and defensive driver.
- Auto-Owners Insurance has discounts for good student, company car, anti-lock brakes, multiple vehicles, paid in full, multi-policy, and safe vehicle.
- The Hartford discounts include vehicle fuel type, air bag, defensive driver, driver training, bundle, anti-theft, and good student.
- Farm Bureau may include discounts for multi-vehicle, safe driver, multi-policy, youthful driver, renewal discount, driver training, and 55 and retired.
- USAA offers discounts including driver training, vehicle storage, multi-policy, safe driver, military installation, and multi-vehicle.
The information below shows the comparison of car insurance rates with and without discounts. The price estimates are based on a female driver, no claims or violations, California state minimum liability limits, full physical damage coverage, and $1,000 deductibles.
The first bar for each age group shows the price with no discounts. The second shows the rates with passive restraint, continuous coverage, paid-in-full, anti-theft, paperless filing, and vehicle safety discounts applied. When drivers take advantage of discounts, the average amount saved each year on car insurance for 20 year old women is 21% or $377.
Impact of speeding/accidents on Riverside car insurance rates
In a perfect world, the ideal way to get the best car insurance premiums in Riverside for young women is to be an attentive driver and avoid at-fault accidents and violations. The example below illustrates how traffic citations and at-fault collisions impact insurance costs for different age groups of insureds. Data assumes a married male driver, full coverage, $500 deductibles, and no discounts are taken into consideration.
In the previous example, the average cost of an auto insurance policy in California per year with no accidents or violations is $1,768. Receive one speeding ticket and the average cost swells to $2,034, an increase of $266 each year. Now get one accident along with the one speeding ticket and the 12-month cost of car insurance for 20 year old women jumps again to an average of $2,768. That’s an increase of $1,000, or $83 per month, just for not being attentive to the road!
The diagram below highlights how deductible selection can change premium costs when getting quotes for cheap insurance for 20 year old women. The data assumes a single female driver, full coverage, and no additional discounts are factored in.
As shown above, a 50-year-old driver could save $350 a year by increasing from a $100 deductible to a $500 deductible, or save $530 by switching to a $1,000 deductible. Younger drivers, such as the Age 20 example, could shave $888 each year just by choosing higher deductibles.
When insureds make the decision to increase the deductibles on their policy, it’s a good idea to have spare funds to pay the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.
Don’t make the mistake of not shopping around
Riverside, CA car insurance rates are based on many factors which can substantially change the policy price. Simply having another birthday, buying a new vehicle, or getting caught speeding may cause policy rate changes resulting in some rates now being more affordable than others.
Not only may things change on your end, but insurers file new California auto insurance rates multiple times each year in order to protect their financial rating. Higher than normal claim frequency or severity may result in higher priced premiums, while lower claim levels can result in more affordable Riverside car insurance rates.
To illustrate this example, the data below shows which company has the cheapest car insurance in Riverside, CA for a 45-year-old female driver with a clean driving record, no accidents, and a decent credit rating. Based on her current situation, USAA may have the cheapest car insurance rates in Riverside at $1,277 a year. This is $374 less than the average rate paid by California drivers of $1,651. Century National, Wawanesa, CSAA, and Nationwide are also included in the top five cheapest Riverside, CA auto insurance companies.
In this next rate comparison, we will give the driver in the first example a claim or two, a lower credit score, and a few traffic violations. Since every insurance provider has their own formula to determining premium rates, analyzing rate quotes may now show a different list of affordable Riverside car insurance companies as shown below.
Grange now has the best auto insurance rate in Riverside, CA with Progressive, Allstate, Mercury, and Allied also being competitive. This demonstrates why consumers need to compare many different companies when trying to find affordable insurance quotes for 20 year old women.
Insurance rates can be determined by many things and can increase or decrease at any time, so the cheapest option the last time you shopped around may now be priced much higher than other options.