The words “bargain” and “insurance” probably shouldn’t be used together, in particular when searching for the lowest insurance rates for inexperienced drivers. To save some money, let’s lead off by showing you some situations the can have a considerable influence on auto insurance rates, and come up with some ways to reduce the price of the next policy you buy.
The vehicle model you are seeking coverage for is probably the most important factor that determines the availability of economical car insurance for inexperienced drivers. Vehicles with limited speed and performance, excellent safety ratings, or a track record of few liability claims will cost substantially less to insure than fast, unsafe models. The data below showcases auto insurance rates for a selection of the most economical automobiles to insure in California.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Jeep Wrangler Sport 4WD 2-Dr||$1,127|
|Hyundai Elantra GLS Touring Station Wagon||$1,193|
|Honda CR-V EX-L 4WD||$1,221|
|Honda Accord LX-P 4-Dr Sedan||$1,231|
|Ford Escape Limited 2WD||$1,263|
|Ford Edge SEL 2WD||$1,266|
|Dodge Grand Caravan Hero||$1,292|
|Toyota RAV4 Limited 4WD||$1,302|
|Ford Explorer Limited 2WD||$1,315|
|Toyota Tacoma Double Cab TRD Off-Road Package 4WD||$1,322|
|Honda Odyssey LX||$1,353|
|Nissan Altima 2.5 S 4-Dr Sedan||$1,360|
|Toyota Corolla LE||$1,366|
|Chevrolet Silverado LT Crew Cab 4WD||$1,383|
|GMC Sierra SLT Crew Cab 2WD||$1,393|
|Ford F-150 XL Crew Cab 2WD||$1,386|
|Chevrolet Silverado 3500HD LT Crew Cab 2WD||$1,407|
|Jeep Grand Cherokee Laredo 4WD||$1,412|
|Chevrolet Impala LS||$1,421|
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Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Price information does not factor in vehicle location which can increase or decrease prices greatly.
By looking at the data, you can infer that makes and models like the Jeep Wrangler, Hyundai Elantra, Honda CR-V, Honda Accord, and Ford Escape are going to be some of the most budget-friendly vehicles to insure for new drivers.
Finding out which companies offer the best car insurance rates for inexperienced drivers will require a bit more work in order to find coverage that fits your budget. Each company uses different criteria for determining prices, so we need to take a look at the car insurance companies with the overall best prices in Riverside.
We do need to point out that California car insurance rates are impacted by many factors which can significantly increase or decrease the cost of your policy. Simply having another birthday, buying a home instead of renting, or having a fender bender can trigger rate changes that can now make some companies cheaper than before.
Find the Best Cheap Insurance for Newbies
|Rank||Company||Cost Per Year|
|Get Personalized Rates Go|
USAA may have some of the lowest car insurance rates in Riverside at around $1,109 annually. Wawanesa, CSAA, Century National, and Nationwide also rank well as some of the cheapest Riverside, CA car insurance companies.
As the rates illustrate above, if you buy coverage from Nationwide and switched to Wawanesa, you could see savings of roughly $93. Insureds with 21st Century may save as much as $222 a year, and Grange customers might realize rate reductions of up to $290 a year.
Understand that those rates are averages for all types of insureds and vehicles and do not factor in an exact vehicle garaging location for inexperienced drivers. So the auto insurance company that can offer you the best price may not even be in the top 24 companies in the list above. That points out the importance of why you need to get car insurance quotes using your own personalized driver profile and vehicle information.
For new drivers, one of the big things that help determine the price you pay for insurance is the neighborhood you call home. Regions with more people or even just more weather-related claims tend to pay slightly more, whereas areas with less people or fewer weather incidents have the benefit of cheaper auto insurance prices.
The illustration below ranks the priciest cities in California for inexperienced drivers to buy auto insurance in. Riverside shows up at #14 with the annual price of $1,497 for coverage, which is about $125 monthly.
|Rank||City||Average Per Year|
|Compare Prices Now Go|
Price information shown is comparative as specific Riverside zip code can impact premium rates substantially.
The illustration below illustrates how your choice of deductibles can increase or decrease insurance rates when researching cheap insurance for inexperienced drivers. The premium estimates are based on a married male driver, full physical damage coverage, and no additional discounts are factored in.
A 30-year-old driver could lower rates by $476 a year by changing from a $100 deductible up to a $500 deductible, or save $718 by switching to a $1,000 deductible. Younger drivers, such as the 20-year-old chart data, could save up to $1,434 or more just by choosing higher deductibles. If you do decide to increase your deductibles, it’s a good idea to have enough spare savings to enable you to cover the extra out-of-pocket expense. That is the one drawback of using higher deductibles.
Get discount Riverside car insurance rates
Insurers that provide policies for inexperienced drivers may have rate discounts that could potentially reduce rates by as much as 35% or more if you are eligible to receive them. Larger car insurance companies and a partial list of their discounts include:
- GEICO policyholders can earn discounts including defensive driver, multi-policy, daytime running lights, seat belt use, and five-year accident-free.
- Travelers may offer discounts for multi-policy, home ownership, IntelliDrive, early quote, and hybrid/electric vehicle.
- Nationwide has savings for business or organization, good student, defensive driving, multi-policy, and easy pay.
- Farmers Insurance discounts include multi-car, switch companies, mature driver, pay in full, teen driver, early shopping, and youthful driver.
- Esurance may have discounts that include good driver, claim free, safety device, online quote, DriveSense, and Switch & Save.
- State Farm includes discounts for defensive driving training, Steer Clear safe driver discount, passive restraint, student away at school, good student, good driver, and multiple policy.
- Progressive offers premium reductions for good student, multi-policy, online quote discount, multi-vehicle, homeowner, and online signing.
- Mercury Insurance has discounts for good student, multi-car, anti-theft, low natural disaster claims, and annual mileage.
The illustration below illustrates the difference between insurance costs with and without discounts applied to the policy rates. The data is based on a male driver, no violations or claims, California state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second bar shows the rates with multiple vehicle, passive restraint, claim-free, homeowner, vehicle safety, and defensive driving course discounts applied. When drivers qualify for the discounts, the average savings per year on car insurance for inexperienced drivers is 28% or $640.
California car insurance companies ranked
Selecting a highly-rated car insurance provider can be challenging considering how many different companies sell coverage in Riverside. The ranking information shown below could help you analyze which auto insurers you want to consider when trying to find cheaper insurance for inexperienced drivers.
The rankings below are for companies that write coverage in many states, so smaller companies are not included in these rankings. To get rate quotes from the most competitive companies in California, follow this link.
Top 10 Major Auto Insurers Overall in Riverside
- American Family
- AAA of Southern California
- State Farm
- The Hartford
- AAA Insurance
- The General
- Titan Insurance
Top 10 Major Auto Insurers in Riverside Ranked by Customer Service
- AAA of Southern California
- State Farm
- The Hartford
- Mercury Insurance
- The General
- AAA Insurance
- American Family
How to find more affordable insurance for inexperienced drivers
Lowering your rates is not difficult, and here are some of the better thrifty ideas that can help Riverside drivers locate cheap coverage.
- Maintaining good credit helps earn cheaper rates
- Save money by observing traffic laws and speed limits
- Having at-fault accidents will increase rates
- Buy vehicles with good safety ratings
- Raise physical damage deductibles
- Compare rate quotes frequently
The last tip is very vital, as was stressed in the prior article. Prices charged by auto insurers can be adjusted at any time, so drivers shouldn’t hesitate to switch carriers if a more affordable rate is found.
Many drivers prefer to stick with one company, but it’s not a good idea if it’s costing you money that could be going to better use. It only takes a couple minutes to compare rates and find cheaper insurance for inexperienced drivers in Riverside.
The insurance agencies listed below are willing to provide answers to your questions and help you determine which auto insurance policy would work best for you, as some people prefer to have a little guidance when shopping for the best coverage for inexperienced drivers. It’s not always easy to find the cheapest auto insurance company, and professional agents can provide comfort knowing your policy gives you adequate coverage when you need it most. To locate a Riverside insurance agent close to where you live, click the button below the list.
Allstate Insurance: Cynthia MC Ghee
6710 Magnolia Ave – Riverside, CA 92506 – (951) 369-8850
Melendez Insurance Agency
3595 Van Buren Boulevard #201 – Riverside, CA 92503 – (951) 687-9152
Olmedo Insurance Agency
10600 Magnolia Avenue, #B – Riverside, CA 92505 – (951) 689-0540
Farmers Insurance: Asif Sial
6325 Rutland Ave – Riverside, CA 92503 – (951) 527-5050
Mercury Insurance Agent – Quotes
3410 La Sierra Ave – Riverside, CA 92503 – (951) 732-7770