Who Has Affordable Auto Insurance for Ride Shares in Riverside?

Figuring out which companies offer the best insurance rates for drivers with bad credit involves more time than just comparing a company or two. Each auto insurance company has their own formula for establishing rates, so we’ll go over the insurance companies with the overall cheapest rates in California.

Keep in mind that California insurance rates are calculated based on many things that can increase the cost of a policy. Simply improving your credit, buying another vehicle, or getting a ticket for careless driving may prompt premium changes resulting in some rates now being cheaper than competitors.

Cheapest Insurance Rates with Bad Credit

Click to Compare Rates Now

What’s the cheapest car insurance in California?
Rank Company Cost Per Year
1 USAA $1,109
2 Wawanesa $1,181
3 CSAA $1,186
4 Nationwide $1,213
5 Century National $1,226
6 21st Century $1,366
7 Mercury $1,488
8 Grange $1,491
9 GEICO $1,529
10 Progressive $1,542
11 Allstate $1,559
12 The Hartford $1,575
13 Allied $1,588
14 MetLife $1,606
15 Esurance $1,688
16 Unitrin $1,699
17 State Farm $1,699
18 Travelers $1,788
19 Bristol West $1,831
20 Farmers $1,946
Find Your Rate Go

USAA has some of the most affordable car insurance rates in Riverside at around $1,109 a year. Wawanesa, CSAA, Nationwide, and Century National also are some of the lowest-priced Riverside, CA car insurance companies.

As illustrated above, if you are currently insured with Nationwide and switched to USAA, you might achieve savings of in the vicinity of $104. Insureds with Century National could save as much as $117 a year, and 21st Century insureds might see rate reductions of $257 a year.

Be aware that those estimates are averages for all drivers and vehicles in California and and are not figured with an exact zip code location for drivers with bad credit. So the car insurance company that fits you best may not even be in the list above. That underscores the importance of why you need to quote rates from many companies using your own driver information and specific vehicle type.

The vehicle you are trying to insure is one of the main factors when looking for the best coverage for drivers with bad credit. Vehicles with high performance features, a lack of safety features, or an increased likelihood of liability claims will cost substantially more to insure than safer, lower-performance models. The next list outlines auto insurance rates for some of the most economical automobiles to buy coverage for.

Cheapest Vehicles to Insure in Riverside, CA
Vehicle Estimated Cost for Full Coverage
Ford Escape XLT 4WD $1,115
Honda Accord EX 4-Dr Sedan $1,193
Honda CR-V EX 2WD $1,198
Dodge Grand Caravan SE $1,221
Dodge Ram Quad Cab ST 2WD $1,313
Ford F-150 Lariat Super Cab 2WD $1,315
Toyota Prius $1,327
Ford Explorer Eddie Bauer 2WD $1,334
Toyota Camry XLE $1,360
Honda Odyssey EX W/Rear Entertainment $1,383
Chevrolet Equinox LTZ 2WD $1,393
Volkswagen Jetta SE 4-Dr Sedan $1,383
Toyota RAV4 Limited 4WD $1,412
Chevrolet Malibu LT $1,440
Nissan Rogue SL AWD $1,452
Find Cheaper Rates Go

Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Rate quotes do not factor in specific Riverside, CA garaging location which can modify coverage rates substantially.

Looking at the numbers, you can conclude that vehicles like the Ford Escape, Honda Accord, and Honda CR-V should be a few of the most economical vehicles to insure for people with poor credit.

How to get discounts on Riverside insurance

Cheaper Riverside, CA insurance for people with poor creditAuto insurance companies that provide policies for drivers with bad credit may have special discounts that could lower prices by 40% or more if you qualify. A few popular companies and their possible discounts are outlined below.

The chart below illustrates the difference between premium 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 physical damage coverage, and $1,000 deductibles.

The first bar for each age group shows the average rate with no discounts. The second bar shows the rates with multiple policy, accident-free, homeowner, anti-theft, claim-free, and multiple vehicle discounts applied. When taking advantage of discounts, theamount saved on insurance for drivers with bad credit is 28% or $532.

The illustration below demonstrates how deductibles can raise or lower insurance premiums when searching for cheap insurance for drivers with bad credit. The prices are based on a single female driver, comp and collision included, and no additional discounts are factored in.

The chart above illustrates that a 50-year-old driver could reduce rates by $420 a year by switching from a $100 deductible up to a $500 deductible, or save $632 by selecting a $1,000 deductible. Even younger drivers, like the 20-year-old example, could possibly save up to $1,068 or more by choosing a higher deductible. When raising deductibles, it’s a good idea to have emergency funds available to be able to cover the extra out-of-pocket expense associated with higher deductibles.

How to find low-cost insurance for drivers with bad credit

The list below shows some of the recommended penny-pinching ideas that can help you locate low-cost coverage.

The final tip is particularly vital, as we emphasized in the article above. Prices charged by car insurance companies can change in a short period of time, so drivers shouldn’t be resistant to buy a different policy if a more affordable price is available.

Staying with the same car insurance company is fine, but we do not recommend it if your bullheadedness ends up costing you a wad of cash every year. If you have a few minutes, shop around and find cheaper insurance for drivers with bad credit in Riverside.