The words “cheap” and “insurance” really don’t belong together, in particular when looking for the best price on coverage for Lyft drivers. To save some money, let’s familiarize you with a few of the things that can significantly affect car insurance prices, and see how we can help you lower the cost of the next policy you buy.
One of the many things that are looked at to help calculate the cost of insurance is where you live in Riverside. Areas with high crime rates or more dense population are more likely to pay higher prices, whereas areas with lower crime rates and fewer weather claims benefit from lower coverage costs.
The illustration below lists the most expensive places in California for Lyft drivers in which to buy car insurance. Riverside makes the list at #15 having an annual price of $1,482 for the average insurance policy, which is around $124 each month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Los Angeles | $2,168 |
| 2 | Glendale | $2,142 |
| 3 | San Francisco | $1,763 |
| 4 | Oakland | $1,755 |
| 5 | Sacramento | $1,720 |
| 6 | San Bernardino | $1,628 |
| 7 | Stockton | $1,588 |
| 8 | Santa Clarita | $1,580 |
| 9 | Long Beach | $1,578 |
| 10 | Garden Grove | $1,570 |
| 11 | Fontana | $1,519 |
| 12 | Fresno | $1,517 |
| 13 | Moreno Valley | $1,506 |
| 14 | Modesto | $1,502 |
| 15 | Riverside | $1,482 |
| 16 | Santa Ana | $1,439 |
| 17 | Anaheim | $1,430 |
| 18 | Fremont | $1,403 |
| 19 | Huntington Beach | $1,402 |
| 20 | San Jose | $1,395 |
| 21 | San Diego | $1,368 |
| 22 | Oxnard | $1,358 |
| 23 | Bakersfield | $1,353 |
| 24 | Irvine | $1,330 |
| 25 | Chula Vista | $1,311 |
| Find the Best Rates Go | ||
Prices are comparative as specific Riverside zip code can lower or raise prices considerably.
Deciding which insurers offer the cheapest insurance rates for Lyft drivers will require a little more work than just comparing a company or two. Each auto insurer uses their own method to set their prices, so let’s examine the insurance companies with the overall cheapest rates in California.
It’s a good idea to know that Riverside insurance rates are determined by lots of factors that will increase or decrease the price of your policy. Simply having a birthday, buying a new vehicle, or getting a DUI can cause premium changes that can make some companies cheaper in comparison to the competition.
Find the Cheapest Auto Insurance for Your Lyft Vehicle
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,143 |
| 2 | Wawanesa | $1,157 |
| 3 | Century National | $1,214 |
| 4 | CSAA | $1,234 |
| 5 | Nationwide | $1,263 |
| 6 | 21st Century | $1,379 |
| 7 | Grange | $1,491 |
| 8 | Mercury | $1,503 |
| 9 | Progressive | $1,512 |
| 10 | Allstate | $1,513 |
| 11 | GEICO | $1,529 |
| 12 | Allied | $1,541 |
| 13 | MetLife | $1,590 |
| 14 | The Hartford | $1,639 |
| 15 | State Farm | $1,699 |
| 16 | Unitrin | $1,733 |
| 17 | Esurance | $1,739 |
| 18 | Bristol West | $1,777 |
| 19 | Travelers | $1,788 |
| 20 | Farmers | $2,006 |
| View More Rates Go | ||
USAA generally has some of the lowest car insurance rates in Riverside at around $1,143 each year. Wawanesa, Century National, CSAA, and Nationwide also make the cut as some of the cheapest Riverside, CA auto insurance companies.
As illustrated above, if you are currently insured with Century National and switched to USAA, you may see a yearly price reduction of in the neighborhood of $71. Drivers with CSAA may save as much as $91 a year, and Nationwide customers might lower prices by $120 a year.
To find out how your current rates compare, click here to start your free quote or visit several of the following companies.
It’s important to note that these prices are averages across all types of insureds and vehicles and do not factor in an exact zip code location for Lyft drivers. So the insurer that fits your needs best may not even be in the list above. That point stresses why you need to compare rates from multiple companies using your own driver and vehicle profiles.
The information below highlights how deductible choice can influence insurance rates when researching cheap insurance for Lyft drivers. The prices are based on a single male driver, full physical damage coverage, and no other discounts are factored in.
As shown above, a 30-year-old driver could lower rates by $552 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $830 by changing to a $1,000 deductible. Even younger insureds, like the age 20 example, could reduce their rates up to $1,640 each year by choosing a higher deductible.
When raising deductibles, it will now be necessary to have enough savings set aside to satisfy the extra out-of-pocket expense that is associated with using high deductibles.
Choosing the best auto insurance company is hard considering how many different companies insure vehicles in California. The ranking information in the next section may help you select which providers you want to consider when comparing rates.
The ratings below are for large insurance companies, so smaller companies are not included in these rankings. To compare price quotes from the insurers below and more, click this link.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| AAA of Southern California | 91 | 94 | 97 | 92% | A+ | 94.1 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Mercury Insurance | 88 | 91 | 90 | 85% | A+ | 89.4 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
| Liberty Mutual | 84 | 87 | 93 | 88% | A | 88.5 |
| 21st Century | 85 | 86 | 87 | 88% | A | 86.7 |
| Esurance | 85 | 80 | 95 | 87% | A+ | 85.9 |
| Safeco | 85 | 85 | 85 | 86% | A | 85.8 |
| Travelers | 80 | 87 | 87 | 83% | A++ | 85.2 |
| Farmers Insurance | 78 | 87 | 88 | 79% | A | 84.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Get discount Riverside auto insurance
Auto insurance companies that sell policies for Lyft drivers may have policy discounts that can lower rates by as much as 25% or more if you meet specific criteria. A few popular companies and their offered discounts can be read below.
- American Family may have discounts that include bundled insurance, good driver, defensive driver, early bird, and Steer into Savings.
- Farm Bureau may include discounts for renewal discount, safe driver, driver training, multi-policy, youthful driver, good student, and multi-vehicle.
- State Farm offers discounts for good student, multiple autos, passive restraint, Drive Safe & Save, defensive driving training, and safe vehicle.
- Travelers includes discounts for good student, student away at school, multi-car, home ownership, multi-policy, payment discounts, and IntelliDrive.
- The Hartford discounts include defensive driver, good student, driver training, vehicle fuel type, bundle, anti-theft, and air bag.
- GEICO offers premium reductions for multi-vehicle, driver training, federal employee, air bags, defensive driver, multi-policy, and daytime running lights.
- Progressive has savings for continuous coverage, homeowner, online quote discount, multi-vehicle, multi-policy, online signing, and good student.
The example below shows the comparison of auto insurance rates with and without discounts applied to the premium. The premium estimates are based on a male driver, no claims or driving violations, California state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows the price with no discounts. The lower bar shows the rates with passive restraint, multiple policy, claim-free, safe-driver, anti-theft, and accident-free discounts applied. When drivers qualify for the discounts, the average savings per year on insurance for Lyft drivers is 28% or $559.
How to find budget-friendly auto insurance for Lyft drivers
The list below summarizes a few money-saving solutions that can help drivers quote more affordable coverage.
- If your vehicles are older, consider dropping full coverage
- Increase your deductibles
- Safe vehicles cost less to insure
- Good credit can save money
- Serious violations like DUI or reckless driving can increase rates dramatically
- Avoid at-fault accidents and claims
- Compare rates once a year for cheaper prices
That last idea is extremely vital, as was pointed out in this article. Prices charged by companies can be changed at any time, so don’t be hesitant to switch carriers if a more affordable price is available.
Brand loyalty is great, but it isn’t a good idea if that stubbornness costs you money that could be going to better use. If you have a few minutes, compare prices to find cheaper insurance for Lyft drivers in Riverside.
If you aren’t sure which coverage to buy and prefer to get some help when shopping for the best coverage for Lyft drivers, the agents shown below are willing to provide answers to your questions and help you determine which insurance coverage will be best for you.
To locate an agency using an interactive map, click the button link following the list or click here to compare prices now.
- Farmers Insurance: Ronald Alldis
6600 Jurupa Ave #202 – Riverside, CA 92504 – (951) 788-2005 - Insurance Incorporated – Woodcrest
18791 Van Buren Boulevard Suite C – Riverside, CA 92508 – (951) 780-4075 - Allstate Insurance: Cynthia MC Ghee
6710 Magnolia Ave – Riverside, CA 92506 – (951) 369-8850 - Jean Sullivan – State Farm Insurance Agent
6511 Brockton Ave – Riverside, CA 92506 – (951) 683-3131 - Farmers Insurance: Edward Lavalle
19318 Jesse Ln Ste 200 – Riverside, CA 92508 – (951) 222-3038