In California, the vast majority of available auto policies are priced beyond the means of most residents. If it had been a country, the wealthiest US state would have ranked No. 5 in GDP, just behind Germany. California’s entertainment, fashion, and technology industries are likewise ahead of the curve.
Stunning natural beauty and many resorts draw tourists and help keep the economy booming. When compared to the other states in the US, California has the highest population density of any of them at number eleven. Insurance premiums and the likelihood of accidents are increased due to these factors.
California has some of the highest insurance premiums in the country, yet there are still numerous options for affordable coverage. Here was evaluated providers based on their capacity to meet our needs, how competitive their prices were, how secure their finances were, and how many extras they provided.
Here you will find the Cheapest and Best California Car Insurance Companies, regardless of whether you are a high-risk driver, a member of the armed forces, or an older adult.
1. Wawanesa Insurance
When comparing insurance rates across the state of California’s major cities, Wawanesa is the most cost-effective choice in Los Angeles and ranks second, after Progressive. The cost differential between these two firms is minimal.
As a first step, J.D. Power and Associates ranked the company fifth among 14 insurers in California in their 2019 customer satisfaction study. Wawanesa also provides various discounts and optional extras for its customers. Wawanesa has a beautiful and functional website where you can view them.
Wawanesa, on the other hand, is A. M. not as stable financially as the major players. The highest possible grade is still an A, which is considered exceptional. Considering everything, including that Wawanesa provides the most affordable auto insurance in California, it’s clear they’re the best option available. You’ll be foolish to ignore it.
2. Geico Insurance
Geico is a top pick in the Golden State among the best insurance companies in the country. J.D. Power’s California survey found that, in terms of customer service, it was just slightly below Wawanesa, receiving 4 out of a possible five stars. Similarly, the NAIC ratio of 0.62 is much lower than the norm in this sector. The lower the ratio, the fewer problems customers have with the business.
Geico’s reputation as a budget-friendly insurer is well-deserved, and California drivers will be happy to know that they can count on Geico for affordable coverage. Its rates are slightly higher than those of Progressive and Wawanesa but still lower than the state average.
In terms of financial stability, Geico is in a league of its own. Berkshire Hathaway, one of the most successful and financially secure firms in the United States, is the company’s owner. As a result, it appears that Geico will not make up a pretext for not paying out claims.
In addition, Geico has some of the most cutting-edge websites and mobile apps in the industry. Geico is a good option if you live in California and shop for vehicle insurance.
3. USAA
You might be surprised to learn that USAA is not the best overall California insurer, given its near-perfect marks in our expert ranking. As a result, USAA will only provide California car insurance rates to current and former US military personnel and their families.
It achieves the highest possible rankings in every low cost auto insurance category. USAA has everything you might want in an insurance provider: a user-friendly website, a wide variety of discounts and optional coverages, top-notch customer service, solid financial footing, and competitive rates. A quote from USAA is required if you wish to purchase their insurance.
4. Progressive
The cheapest auto insurance policies provided by Progressive are among the most cost-effective options available to drivers in the Golden State. The premiums for high-risk drivers are the lowest of any major insurers, and the company does not charge exorbitant rates.
In addition, the customer service is solid, if not the finest, and the company’s online quoting method is so straightforward that we frequently utilize it as a point of reference. Progressive is worth a try if you value a streamlined user experience and low rates, regardless of how risky a driver you may be.
5. AAA Club of California
The Automobile Association of America (AAA) is not only an insurance provider but also a car-related membership organization. This includes their excellent auto insurance and all the other benefits of membership.
You can get discounts at over 100,000 different stores, restaurants, and hotels around the United States, as well as free roadside help in an emergency. Considering everything you get with the Classic plan, its annual cost of $56 seems like a steal.
However, in all seven of the state’s major cities, AAA’s rates for car insurance are significantly higher than the state average. In addition, while its financial strength is outstanding, it lags below industry leaders like Geico, State Farm, and Progressive.
The exceptional service makes up for the high prices and average financial stability: Among California-based businesses, AAA ranks third in J.D. Power’s 2018 customer satisfaction survey. If you’re interested in cheap car insurance and think AAA would be a good fit, you should know that buying from any US firm comes with compromises.
Conclusion
Despite the high cost, many reputable insurers offer good policies at low rates in the Golden State. Not all pricey things are better, as three of our six finest companies in this state are also the cheapest insurers. As a bonus, Wawanesa, the provider of adequate vehicle insurance in California, is also one of the most affordable.
