What Auto Insurance is Cheapest for Young Drivers in Stockton?

One of the more important factors that aid in calculating insurance cost is where your car is garaged in Stockton. More populated areas tend to have higher rates, whereas areas with fewer weather claims and lower vehicle theft rates receive better rates.

The following table rates the most expensive places in California for young drivers to purchase auto insurance in. Stockton is ranked at #8 with an annual cost of $1,588 for the average policyholder, which is approximately $132 each month.

How much is car insurance in Stockton?
Rank City Annual Rate
1 Glendale $2,142
2 Los Angeles $2,104
3 San Francisco $1,745
4 Oakland $1,704
5 Sacramento $1,669
6 San Bernardino $1,644
7 Long Beach $1,610
8 Stockton $1,588
9 Garden Grove $1,570
10 Fontana $1,566
11 Moreno Valley $1,551
12 Santa Clarita $1,548
13 Modesto $1,547
14 Riverside $1,542
15 Santa Ana $1,483
16 Fresno $1,457
17 Anaheim $1,444
18 Huntington Beach $1,402
19 Fremont $1,389
20 Bakersfield $1,381
21 San Jose $1,381
22 Irvine $1,371
23 San Diego $1,368
24 Chula Vista $1,350
25 Oxnard $1,344
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Annual rates are comparative as the specific area where the vehicle is garaged can influence rates greatly.

Trying to buy affordable auto insurance is not most people’s favorite thing to do, and finding out which company offers the cheapest insurance rates for young drivers takes a bit more work. Each insurer has their own formula to set policy rates, so let’s begin by examining the overall cheapest insurance companies in Stockton.

It’s important to understand that Stockton insurance rates are based on many factors which can substantially decrease or increase the price you pay for coverage. Simply having another birthday, buying higher coverage limits, or getting a couple of tickets can produce rate changes that can cause some rates to be higher when they were quite affordable.

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USAA offers some of the cheapest car insurance rates in Stockton at around $1,143 per year. This is $508 less than the average rate paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide would also make the list of some of the most economical Stockton, CA insurance companies.

As shown above, if you are insured with CSAA and switched to USAA, you might realize a yearly price reduction of approximately $91. California drivers with Nationwide could save as much as $120 a year, and 21st Century customers might reduce prices by as much as $195 a year.

These premium estimates are averages across all types of insureds and vehicles and do not take into consideration an exact vehicle garaging location for young drivers. So the company that has the lowest price for you may not even be in the top 24 companies shown above. That point stresses why you need to quote rates from as many companies as possible using your own personal information and vehicle type.

Stockton insurance company ratings

Ending up with the right company can be difficult considering how many choices you have in Stockton. The ranking information below can help you select which insurers to look at purchasing from. These ratings are for the largest auto insurers in America, so companies that only write business in California or surrounding areas are not factored into the list.

Top 10 Major Car Insurance Companies in Stockton Ranked by Value

  1. USAA
  2. American Family
  3. The Hartford
  4. AAA of Southern California
  5. Titan Insurance
  6. The General
  7. AAA Insurance
  8. State Farm
  9. Mercury Insurance
  10. Nationwide

Top 10 Major Car Insurance Companies in Stockton Ranked by A.M. Best Rating

  1. USAA – A++
  2. Travelers – A++
  3. State Farm – A++
  4. GEICO – A++
  5. Esurance – A+
  6. Nationwide – A+
  7. Allstate – A+
  8. Mercury Insurance – A+
  9. Progressive – A+
  10. Titan Insurance – A+

Liability-only versus full coverage

Saving money on insurance is important to the majority of people, and one of the easiest ways to buy cheaper insurance for young drivers is to buy only liability coverage. The information below visualizes the comparison of insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The prices are based on a clean driving record, no claims, $500 deductibles, single marital status, and no discounts are factored in.

Averaged out for all age groups, physical damage insurance costs $2,273 per year more than carrying just liability coverage. That touches on the question if you should buy full coverage. There is no exact formula for excluding comp and collision coverage, but there is a general guideline you can use. If the yearly cost of full coverage is about 10% or more of the replacement cost minus the deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s assume your vehicle’s replacement value is $7,500 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company will settle for is $6,500 after the deductible is paid. If it’s costing in excess of $650 annually for physical damage coverage, then it could be time to drop full coverage.

If you aren’t sure which coverage to buy and prefer to have professional advice when trying to find lower insurance rates for young drivers, the professional agents shown below are a good start to answer your questions and help you decide which auto insurance policy fits you best.

To find an agent near you, click the link at the bottom or click here to compare prices now.

Find a Stockton, CA insurance agent near you

How to find budget-friendly car insurance for young drivers

It’s not impossible to find cheaper rates, and here are some penny-pinching ideas that can help you locate cheap coverage.

The last item on the list is certainly necessary, as we hit on in this write-up. Insurance prices fluctuate constantly, so don’t hesitate to change to a new company if a better deal can be had. Staying with the same car insurance company is fine, but it’s not a great idea if it’s costing you a fortune every year. Now is a great time to compare prices to find cheaper auto insurance for young drivers in Stockton.