The words “bargain” and “insurance” really don’t belong together, in particular when searching for the best car insurance rates for single moms. To save some money, let’s learn about a few of the factors the can have a considerable influence on insurance premiums, and come up with some ways to shave a little off the next policy you buy.
Deciding which company offers the cheapest insurance rates for single moms involves a little more effort in order to find a policy that fits your budget. Every insurance company has a proprietary formula to set their prices, so we will examine the most budget-friendly insurance companies in Riverside, CA.
It’s important to know that California insurance rates are determined by lots of factors which can substantially decrease or increase the policy premium. Improving your credit score, moving across town, or getting into an accident can cause premium changes resulting in some rates now being cheaper than others.
Find Cheaper Auto Insurance for Single Moms
USAA has some of the best car insurance rates in Riverside at around $1,109 each year. Wawanesa, Century National, CSAA, and Nationwide would also make the list of some of the cheaper Riverside, CA car insurance companies.
As shown above, if you currently have coverage with Century National and switched to USAA, you could earn an annual premium reduction of in the vicinity of $117. Policyholders with CSAA may save as much as $125 a year, and Nationwide policyholders might lower prices by $154 a year.
These estimates are averages across all insureds and vehicles and do not take into consideration an exact vehicle garaging location for single moms. So the insurer that is best for you may not even be in the top 24 companies in the list above. That affirms the importance of why you need to quote rates from many companies using your own driver data and vehicle information.
The car, truck, or SUV on the policy is one of the primary factors when shopping around for cheap coverage for single moms. Vehicles with lots of speed or power, poor safety features, or a history of substantial liability claims will cost significantly more to insure than more economical and safe models. The next list ranks coverage costs for a selection of the most cost-effective automobiles to buy coverage for.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 2WD | $1,012 |
| Honda Accord EX 4-Dr Sedan | $1,020 |
| Jeep Wrangler Sahara 4WD 2-Dr | $1,138 |
| Ford Escape XLT 2WD | $1,158 |
| Toyota RAV4 Sport 4WD | $1,199 |
| Hyundai Elantra Blue 4-Dr Sedan | $1,240 |
| Toyota Prius | $1,284 |
| Jeep Grand Cherokee Limited 4WD | $1,286 |
| GMC Sierra SL Crew Cab 4WD | $1,292 |
| Ford Fusion Sport 4-Dr Sedan | $1,286 |
| Ford Explorer Eddie Bauer 2WD | $1,300 |
| Toyota Camry Hybrid | $1,371 |
| Toyota Camry Hybrid | $1,377 |
| Dodge Ram Quad Cab TRX4 Off Road 4WD | $1,396 |
| Honda Odyssey EX W/Rear Entertainment | $1,439 |
| Ford Focus S 4-Dr Sedan | $1,445 |
| Volkswagen Jetta 2.0T Station Wagon | $1,460 |
| Start a Quote Go | |
Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Prices do not factor in specific Riverside, CA garaging location which can raise or lower coverage prices substantially.
Looking at the rates, you can figure that makes and models like the Honda CR-V, Honda Accord, Jeep Wrangler, Ford Escape, and Toyota RAV4 will definitely be the cheaper vehicles to insure for single parents.
One of the many factors that aid in calculating the cost of insurance is your zip code. Areas with high crime rates or more dense population will most likely pay more, whereas areas with fewer weather claims and lower vehicle theft rates benefit from lower coverage costs.
The table below shows the most expensive places in California for single moms to buy an auto insurance policy in. Riverside shows up at #10 with a yearly premium of $1,527 on average, which is about $127 per month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Los Angeles | $2,168 |
| 2 | Glendale | $2,142 |
| 3 | Oakland | $1,704 |
| 4 | San Francisco | $1,693 |
| 5 | Sacramento | $1,669 |
| 6 | Stockton | $1,603 |
| 7 | San Bernardino | $1,596 |
| 8 | Santa Clarita | $1,595 |
| 9 | Long Beach | $1,562 |
| 10 | Riverside | $1,527 |
| 11 | Fontana | $1,519 |
| 12 | Fresno | $1,517 |
| 13 | Garden Grove | $1,508 |
| 14 | Moreno Valley | $1,506 |
| 15 | Anaheim | $1,488 |
| 16 | Modesto | $1,487 |
| 17 | Santa Ana | $1,483 |
| 18 | Huntington Beach | $1,416 |
| 19 | San Jose | $1,381 |
| 20 | Irvine | $1,371 |
| Start a Quote Go | ||
Rate quotes are approximated as zip code location can revise coverage prices significantly.
The chart below highlights how deductible selection can raise or lower insurance rates when trying to find cheap insurance for single moms. The rates are based on a single female driver, comp and collision included, and no discounts are applied.
As shown above, a 30-year-old driver could lower rates by $544 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $816 by choosing a $1,000 deductible. Younger drivers, like the 20-year-old category, could possibly save up to $1,216 annually by choosing a larger deductible amount.
When increasing deductibles, it is a good idea to have enough savings set aside to be able to pay the extra out-of-pocket expense, which deters some people from using high deductibles.
Insuring your vehicle with a high-quality insurance company can be difficult considering how many choices drivers have in California. The ranking information displayed below can help you choose which insurers to look at when trying to find cheaper insurance for single moms. These ratings are only made up of insurance companies that insure vehicles in the majority of U.S. states, so companies that only write business in California or surrounding areas are not factored into the list.
Top 10 Major Auto Insurance Providers Overall in Riverside
- USAA
- American Family
- AAA of Southern California
- State Farm
- The Hartford
- AAA Insurance
- GEICO
- The General
- Titan Insurance
- Progressive
Top 10 Major Auto Insurance Providers in Riverside Ranked by A.M. Best Rating
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- Progressive – A+
- Titan Insurance – A+
Insurance rates are higher with tickets and accidents
The obvious way to earn the cheapest insurance rates for single parents is to drive safely and not get tickets or have accidents. The example below illustrates how traffic citations and at-fault fender-benders influence insurance costs for different age groups of insureds. The data assumes a married male driver, full physical damage coverage, $500 deductibles, and no other discounts are factored in.
In the previous example, the average cost of auto insurance in Riverside per year with no accidents or violations is $1,768. Get written up for one speeding ticket and the average cost jumps to $2,034, an increase of $266 each year. Now include two accidents along with the one speeding ticket and the 12-month cost of insurance for single moms jumps again to an average of $4,417. That’s an increase of $2,649, or $221 per month, just for being a little careless behind the wheel!
How to find cheaper auto insurance for single moms
It is possible to find better rates, and here are some of the recommended money-saving solutions that can help California drivers find more affordable coverage.
- Higher credit scores may earn you cheaper rates
- Higher deductibles save money
- At-fault accidents can raise rates significantly
- Buy a vehicle with excellent safety ratings
- Full coverage may not be needed on older vehicles
- Violations and traffic tickets increase rates
- Shop around for cheaper rates regularly
The last suggestion is particularly significant, as was pointed out in this write-up. Prices charged by auto insurers can change considerably in a year, so don’t be unwilling to switch carriers if you can save money.
Staying with the same company for years is fine, but it’s not a great idea if that dedication is costing several hundred dollars every year. Spend a few minutes and compare prices and find cheaper insurance for single moms in Riverside.
If you have coverage questions and would like to have a professional recommendation when buying car insurance for single parents, the insurance agencies below can help you determine which coverages are best.
To find a Riverside insurance agency close to you, click the link at the bottom or click here to compare price quotes.
- Melendez Insurance Agency
3595 Van Buren Boulevard #201 – Riverside, CA 92503 – (951) 687-9152 - Danmar Insurance Services
9899 Indiana Ave #101 – Riverside, CA 92503 – (951) 509-0509 - AIS | Auto Insurance Specialists | Riverside
1600 Iowa Ave #100 – Riverside, CA 92507 – (951) 782-8100 - Farmers Insurance – Claudia Torres
6857 Thomas Ave – Riverside, CA 92506 – (951) 788-9006