Wouldn’t it be so easy if we could tell you instantly the company that has the lowest car insurance rates for active military? It’s not that simple, unfortunately, as there are a whole bunch of unknowns like your age, your credit history, and if you are a man or woman, that all have an effect on the price of a policy. The information below will cover these topics and will hopefully give you a good start to your coverage search.
For military personnel, one of the largest criteria that help determine car insurance rates is where you live. Areas with a lot of weather claims or more people tend to have more expensive auto insurance rates, whereas less populated areas have the benefit of cheaper auto insurance prices.
The illustration below ranks the most expensive places in California for active military to buy an auto insurance policy in. Riverside ranks #14 with an annual rate of $1,497 for car insurance, which is about $125 monthly.
|Find the Best Rates Go|
Rate information is comparative as specific location information can increase or decrease prices substantially.
The type of vehicle that is being insured is probably the largest consideration when looking for affordable insurance for active military. Vehicles with lower performance, advanced safety features, or a low likelihood of having liability claims will cost substantially less to insure than fast, unsafe models. The table below illustrates insurance premiums for a selection of the most affordable vehicles to buy insurance for.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V LX 2WD||$1,012|
|Hyundai Elantra SE Touring Station Wagon||$1,096|
|Ford Escape XLS 2WD||$1,158|
|Toyota Tacoma 2WD||$1,176|
|Ford Edge SEL AWD||$1,181|
|Toyota RAV4 Limited 4WD||$1,199|
|Ford F-150 XL Regular Cab 2WD||$1,204|
|Ford Explorer Eddie Bauer AWD||$1,222|
|Honda Accord LX-P 4-Dr Sedan||$1,242|
|Toyota Corolla LE||$1,261|
|Ford Focus SE 2-Dr Coupe||$1,345|
|Volkswagen Jetta S 2.5 Station Wagon||$1,350|
|Ford F-250 XL Harley Edition 2WD||$1,368|
|Find Cheaper Rates Go|
Above prices assume single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Rate quotes do not factor in vehicle location which can impact coverage prices substantially.
Looking at the data, we can conclude that makes and models like the Honda CR-V, Hyundai Elantra, Ford Escape, Toyota Tacoma, and Ford Edge are going to be some of the most economical vehicles to insure for military personnel.
The chart below shows how choosing a deductible can influence insurance rates when researching cheap insurance for active military. The price estimates are based on a married male driver, full physical damage coverage, and no discounts are applied.
A 50-year-old driver could save $416 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $626 by changing to a $1,000 deductible. Young drivers, like the 20-year-old example, could potentially save $1,398 every year by choosing a higher deductible. If you do make the decision to raise your deductibles, it is necessary to have plenty of discretionary funds to offset the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.
Tickets and at-fault accidents raise rates
In a perfect world, the ideal way to obtain the most affordable auto insurance rates in California for military personnel is to be an attentive driver and maintain a clean driving record. The chart below demonstrates how traffic citations and accidents can increase auto insurance costs for different ages of insureds. The premium estimates are based on a single male driver, comprehensive and collision coverage, $100 deductibles, and no policy discounts are applied.
The data in the chart shows the average cost of a car insurance policy in Riverside per year with no violations or accidents is $3,444. Receive one speeding ticket and the average cost increases to $3,880, an increase of $436 each year. Then add one accident along with the one speeding ticket and the yearly cost of auto insurance for active military goes up to an average of $5,118. That’s an increase of $1,674, or $139 per month, just for not being more responsible behind the wheel!
How to get discounts on Riverside insurance
Car insurance companies that offer cheap quotes for active military may have rate discounts that may potentially lower prices by 30% or more if you meet specific criteria. Large auto insurance companies and a partial list of their discounts are outlined below.
- Farm Bureau has discounts for safe driver, youthful driver, multi-policy, driver training, multi-vehicle, renewal discount, and good student.
- Liberty Mutual has savings for good student, preferred payment discount, teen driver discount, newly married, and multi-car.
- State Farm discounts include good driver, student away at school, driver’s education, anti-theft, and passive restraint.
- Auto-Owners Insurance offers premium reductions for multiple vehicles, anti-theft, paperless, good student, student away at school, and paid in full.
- GEICO offers discounts including good student, air bags, defensive driver, seat belt use, and military active duty.
- SAFECO policyholders can earn discounts including safe driver, bundle discounts, anti-lock brakes, homeowner, accident prevention training, and teen safe driver.
The diagram below shows the difference between car insurance costs with and without discounts applied to the policy rates. The price estimates are based on a male driver, no violations or claims, California state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multiple policy, claim-free, accident-free, anti-theft, multiple vehicle, and vehicle safety discounts applied. When taking advantage of discounts, the average amount saved each year on auto insurance for active military is 28% or $640.
If you like to get some guidance when shopping for cheaper insurance for active military, the agents listed below can answer your questions and help you decide which auto insurance policy fits you best. To locate a Riverside auto insurance agent close to where you live, click the button after the list or click here to compare prices now.
Jay Pogue Insurance- Riverside Ca
6200 Pegasus Dr #1 – Riverside, CA 92503 – (951) 785-8521
Farmers Insurance – Sampson Cummings
10250 Indiana Ave – Riverside, CA 92503 – (951) 364-8020
Farmers Insurance – Anna Ramirez
3590 Central Ave #212 – Riverside, CA 92506 – (951) 274-0047
Gary Echito – State Farm Insurance Agent
3239 Chicago Ave – Riverside, CA 92507 – (951) 684-8450