The words “low-priced” and “insurance” really shouldn’t be used together, specifically when comparison shopping for the cheapest car insurance for teenagers. Because of the high cost, let’s go over a few of the things that have a considerable impact on car insurance prices, and come up with some ways to take the sting out of your next policy.
Deciphering which company has the cheapest insurance rates for teenagers will involve a little more effort in order to find the lowest price quote. Every insurance company uses their own calculation for establishing rates, so let’s examine the overall cheapest insurance companies in Riverside.
It’s a good idea to be aware that Riverside insurance rates are impacted by many factors which can significantly increase or decrease the price of coverage. Simply turning a year older, marrying your spouse, or getting a couple of tickets can trigger rate changes resulting in some rates now being more affordable than others.
Find Cheaper Auto Insurance for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,143 |
| 2 | Wawanesa | $1,181 |
| 3 | CSAA | $1,186 |
| 4 | Century National | $1,190 |
| 5 | Nationwide | $1,213 |
| 6 | 21st Century | $1,338 |
| 7 | Grange | $1,433 |
| 8 | Progressive | $1,496 |
| 9 | Mercury | $1,503 |
| 10 | Allstate | $1,513 |
| 11 | GEICO | $1,529 |
| 12 | Allied | $1,541 |
| 13 | The Hartford | $1,591 |
| 14 | MetLife | $1,638 |
| 15 | State Farm | $1,682 |
| 16 | Unitrin | $1,699 |
| 17 | Esurance | $1,705 |
| 18 | Bristol West | $1,777 |
| 19 | Travelers | $1,842 |
| 20 | Farmers | $2,006 |
| Get a Custom Quote Go | ||
USAA has some of the lowest car insurance rates in Riverside at around $1,143 each year. Wawanesa, CSAA, Century National, and Nationwide would also make the list of some of the more affordable Riverside, CA car insurance companies.
As the rates illustrate above, if you currently have coverage with Nationwide and switched to Wawanesa, you might achieve an annual premium reduction of in the vicinity of $32. Drivers with 21st Century may save as much as $157 a year, and Grange insureds might lower prices by up to $252 a year.
To find out how much you can save, click here to start your free quote or quote prices from the following companies.
Understand that those prices are averages across all ages of drivers and types of vehicles and and are not figured with a specific location for teenagers. So the company that has the cheapest price for you may not even be in the top 24 companies shown above. That’s why you need to get quotes using your own individual information.
The make and model of vehicle that needs insurance is one of the largest considerations when shopping around for the most affordable auto insurance for teenagers. Vehicles with economical engines, modern passenger safety features, or a low likelihood of having liability claims will cost less to insure than fast, unsafe models.
The list below shows car insurance costs for the cheapest automobiles to insure in California.
| Vehicle Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 4WD | $4,393 |
| Ford Escape XLT 4WD | $4,401 |
| Hyundai Elantra SE Touring Station Wagon | $4,661 |
| Toyota Prius | $4,703 |
| Ford Explorer XLT 4WD | $4,893 |
| Ford F-150 XLT Crew Cab 2WD | $4,899 |
| Chevrolet Impala LS | $5,121 |
| Ford Edge SEL 2WD | $5,129 |
| Toyota RAV4 Sport 2WD | $5,161 |
| Chevrolet Equinox LS AWD | $5,171 |
| Nissan Altima 2.5 4-Dr Sedan | $5,161 |
| Chevrolet Malibu Hybrid | $5,171 |
| Chevrolet Silverado LT Extended Cab 4WD | $5,161 |
| Dodge Grand Caravan Crew | $5,204 |
| Toyota Tacoma Double Cab 4WD | $5,209 |
| Toyota Camry SE | $5,427 |
| Honda Odyssey EX-L W/Rear Entertainment | $5,437 |
| Compare Rates Now Go | |
Cost estimates assume single male driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include claim-free, and safe-driver. Rate quotes do not factor in specific location information which can impact prices significantly.
Based on these rates, we can presume that makes and models like the Honda CR-V, Ford Escape, and Hyundai Elantra are likely to be a few of the cheapest vehicles to insure for teen drivers. The cost of auto insurance will be more costly because of the fact that there is more risk for teenagers, but overall those particular vehicles will probably have the lowest insurance prices available.
One of the many components that help determine the amount you pay for auto insurance is where you choose to live. More densely populated places are more likely to have higher rates, whereas areas that tend to be more rural benefit from lower rates.
The next table sorts the most expensive places in California for teenagers to buy car insurance in. Riverside comes in at #14 costing $1,497 on average, which is approximately $125 per month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Los Angeles | $2,146 |
| 2 | Glendale | $2,079 |
| 3 | Oakland | $1,738 |
| 4 | San Francisco | $1,693 |
| 5 | Sacramento | $1,669 |
| 6 | Long Beach | $1,610 |
| 7 | Fontana | $1,581 |
| 8 | San Bernardino | $1,580 |
| 9 | Santa Clarita | $1,548 |
| 10 | Stockton | $1,541 |
| 11 | Garden Grove | $1,524 |
| 12 | Fresno | $1,517 |
| 13 | Modesto | $1,502 |
| 14 | Riverside | $1,497 |
| 15 | Moreno Valley | $1,491 |
| 16 | Santa Ana | $1,439 |
| 17 | Anaheim | $1,430 |
| 18 | San Jose | $1,423 |
| 19 | Bakersfield | $1,394 |
| 20 | Huntington Beach | $1,374 |
| 21 | San Diego | $1,368 |
| 22 | Fremont | $1,348 |
| 23 | Irvine | $1,330 |
| 24 | Oxnard | $1,318 |
| 25 | Chula Vista | $1,298 |
| Compare Rates Now Go | ||
Table data uses comparative as the specific area where the vehicle is garaged can increase or decrease insurance rates greatly.
Types of discounts on Riverside insurance
Insurance providers that sell policies for teenagers may also offer premium discounts that can lower rates by as much as 25% or more if you qualify for them. Companies and a partial list of their discounts are shown below.
- Progressive policyholders can earn discounts including continuous coverage, multi-policy, online quote discount, online signing, good student, and multi-vehicle.
- AAA offers premium reductions for good driver, multi-policy, pay-in-full, good student, anti-theft, AAA membership discount, and education and occupation.
- Farmers Insurance includes discounts for bundle discounts, youthful driver, homeowner, alternative fuel, and distant student.
- GEICO may have discounts that include five-year accident-free, federal employee, anti-lock brakes, seat belt use, membership and employees, and air bags.
- Esurance offers discounts including online shopper, good student, emergency road assistance, anti-lock brakes, defensive driver, and homeowner.
- SAFECO discounts include teen safety rewards, anti-theft, anti-lock brakes, homeowner, multi-car, and accident prevention training.
- State Farm offers discounts for student away at school, Drive Safe & Save, anti-theft, good driver, safe vehicle, and good student.
The example below shows the difference between insurance premiums with and without discounts applied to the premium. The price estimates are based on a female driver, no claims, a clean driving record, California state minimum liability limits, comprehensive and collision coverage, and $250 deductibles.
The first bar for each age group shows premium with no discounts. The second shows the rates with paperless filing, vehicle safety, anti-theft, paid-in-full, good student, and passive restraint discounts applied. With discounts applied, theaverage amount saved on insurance for teenagers is 28% or $1,070.
Picking a good quality insurer is difficult considering how many choices drivers have in California. The company ratings shown next can help you decide which coverage providers to look at comparing rates with.
These ratings are for the largest companies in America, so companies with more of a regional focus are not included in these rankings. If you’d like to compare prices from these and other companies in California, simply click here.
Top 10 Large Auto Insurers Overall in Riverside
- USAA
- American Family
- AAA of Southern California
- State Farm
- The Hartford
- AAA Insurance
- GEICO
- The General
- Titan Insurance
- Progressive
Bad driving habits will cost you more
The easiest way to get low insurance rates in California for teen drivers is to be a safe driver and avoid tickets and accidents. The example below shows how speeding tickets and at-fault fender-benders can raise annual premium costs for each age group. The price estimates are based on a single female driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied to the premium.
In the previous example, the average cost of a car insurance policy per year with a clean driving record and no accidents is $2,935. Get one speeding ticket and the average cost hikes up to $3,330, an increase of $394 each year. Then add in one accident along with the one speeding ticket and the annual cost of insurance for teenagers jumps again to an average of $4,446. That’s an increase of $1,511, or $126 per month, just for not paying attention while driving!
If you prefer to have a little guidance when shopping for the best coverage for teenagers, the insurance agencies listed below can probably aid you in deciding which is the best policy.
To find an auto insurance agency in your neighborhood, click the button at the bottom or click here to compare price quotes.
- GEICO Insurance Agent
2711 Canyon Springs Parkway, Suite A-104 – Riverside, CA 92507 – (951) 786-9477 - Adolfo Saldana – State Farm Insurance Agent
7344 Magnolia Ave #100 – Riverside, CA 92504 – (951) 637-3100 - Farmers Insurance – Carl Couey
6670 Alessandro Blvd f – Riverside, CA 92506 – (951) 780-6660 - Riverside Insurance Agency Inc.
#B, 125 W La Cadena Dr – Riverside, CA 92501 – (951) 684-3500 - Carol Uhler – State Farm Insurance Agent
11731 Sterling Ave d – Riverside, CA 92503 – (951) 688-9911
More insurance agents in Riverside, CA
How to find economical insurance for teenagers
The list below summarizes many money-saving solutions that can help you buy lower-cost coverage.
- At-fault accidents can raise rates significantly
- Bundle home and auto and earn a discount
- Pay for smaller claims out-of-pocket
- Vehicles with good safety ratings have lower liability rates
- Maintain a clean driving record
- Shop around and save
The last item on the list is particularly significant, as we stressed in the prior article. Auto insurance rates can change significantly in a year, so drivers shouldn’t be reluctant to buy a policy from a new company if a better deal can be had.
Many drivers tend to have loyalty to a certain company, but it’s not recommended if that dedication is costing major coinage every year. It takes less than five minutes to compare rates to find cheaper car insurance for teenagers in Riverside.