What Car Insurance is Cheapest for Business Use in Stockton?

The type of vehicle you are insuring is a large consideration when quoting affordable car insurance for business use. Vehicles with lower acceleration and performance, excellent safety ratings, or low incidents of liability claims will cost quite a bit less to insure than adrenaline junky models. The data below showcases car insurance costs for the most affordable automobiles to buy insurance for.

Cheapest Vehicles to Insure in Stockton, CA
Vehicle Make and Model Estimated Cost for Full Coverage
Honda CR-V EX 4WD $1,118
Toyota Prius $1,211
Ford F-150 STX Regular Cab 4WD $1,225
Jeep Wrangler Unlimited Sport 2WD 4-Dr $1,315
Ford Explorer Limited 4WD $1,318
Toyota Tacoma Double Cab TRD Off-Road Package 4WD $1,328
Ford Focus SES 4-Dr Sedan $1,337
Ford Escape Limited 4WD $1,361
Jeep Grand Cherokee Limited 4WD $1,387
Volkswagen Jetta SE 4-Dr Sedan $1,394
GMC Sierra 3500HD SLE Extended Cab 2WD $1,410
Nissan Rogue SL AWD $1,456
Ford Fusion SEL AWD 4-Dr Sedan $1,477
Chevrolet Silverado 2500HD LTZ Crew Cab Diesel 4WD $1,485
Dodge Ram 3500 Crew Cab SLT 2WD $1,503
Dodge Ram Crew Cab Sport 4WD $1,505
Ford Edge Limited AWD $1,560
Nissan Altima 2.5 S 4-Dr Sedan $1,569
Toyota RAV4 2WD $1,588
Chevrolet Malibu LTZ $1,595
Chevrolet Silverado LT Crew Cab 4WD $1,588
GMC Sierra SLT Crew Cab 2WD $1,598
GMC Sierra 2500HD SLE Extended Cab 4WD $1,588
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Data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Table data does not factor in Stockton, CA location which can alter premiums considerably.

Looking at the rates, you can see that cars like the Honda CR-V, Toyota Prius, Ford F-150, Jeep Wrangler, and Ford Explorer are a few of the less-costly vehicles to insure for using your car for business. Car insurance rates will be more expensive just due to the fact that there is more exposure for business use, but generally speaking those specific models will tend to have the lowest insurance rates compared to other vehicles.

For using your car for business, one of the more important considerations that help determine the cost of insurance is where your car is garaged in Stockton. Areas with increased crime or more people likely pay more, whereas areas with less congestion have the benefit of cheaper auto insurance prices.

The illustration below rates the most expensive areas in California for business use to purchase auto insurance in. Stockton comes in at #8 with the annual price of $1,556 for the average policy, which is about $130 per month.

Car insurance prices in Stockton
Rank City Average Per Year
1 Los Angeles $2,146
2 Glendale $2,079
3 San Francisco $1,745
4 Sacramento $1,720
5 Oakland $1,704
6 San Bernardino $1,628
7 Long Beach $1,610
8 Stockton $1,556
9 Santa Clarita $1,548
10 Modesto $1,547
11 Moreno Valley $1,536
12 Fontana $1,535
13 Fresno $1,517
14 Garden Grove $1,508
15 Santa Ana $1,497
16 Riverside $1,497
17 Anaheim $1,488
18 San Jose $1,437
19 Fremont $1,403
20 Huntington Beach $1,402
21 Bakersfield $1,394
22 San Diego $1,381
23 Irvine $1,330
24 Oxnard $1,318
25 Chula Vista $1,311
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Rate information is approximated as specific Stockton garaging address can decrease or increase price quotes noticeably.

Ratings for Stockton car insurance companies

Ending up with a high-quality company can be difficult considering how many companies there are in California. The ranking information listed below can help you pick which companies you want to consider when comparing rate quotes. The ratings below are for companies that insure vehicles nationwide, so companies with more of a regional focus will not be included in this list.

Top 10 Large Auto Insurance Providers in Stockton Ranked by Claims Service

  1. AAA of Southern California
  2. State Farm
  3. Esurance
  4. AAA Insurance
  5. Progressive
  6. Liberty Mutual
  7. GEICO
  8. Allstate
  9. Titan Insurance
  10. The Hartford

Top 10 Large Auto Insurance Providers 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

Difference between liability only and full coverage rates

Lowering the price of car insurance is probably important to the majority of vehicle owners, and one of the best ways to find cheap insurance for business use is to only buy liability coverage. The illustration below shows the comparison of yearly insurance costs with full physical damage coverage compared to only buying liability only. The premiums are based on no claims or violations, $100 deductibles, drivers are single, and no discounts are applied to the premium.

As an overall average, physical damage coverage on your policy costs $2,525 per year over and above liability coverage. That is a significant amount which raises the question if physical damage coverage is worth the money. There is no set rule for excluding comp and collision coverage, but there is a general guideline. If the yearly cost for physical damage coverage is more than around 10% of the settlement you would receive from your company, then you might want to think about dropping full coverage.

There are some circumstances where dropping physical damage coverage is not a good idea. If you still have a loan on your vehicle, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should keep full coverage in place.

Careless drivers pay higher rates

One of the best ways to maintain low car insurance premiums for using your car for business is to drive attentively and avoid tickets and accidents. The illustration below illustrates how violations and at-fault claims increase insurance prices for different ages of insureds. The data is based on a single female driver, full coverage, $1,000 deductibles, and no policy discounts are applied.

In the previous example, the average cost of a car insurance policy in Stockton per year with a clean driving record and no accidents is $1,909. Factor in one speeding ticket and the average cost increases to $2,166, an increase of $257 each year. Then throw in one accident along with the one speeding ticket and the yearly cost of car insurance for business use jumps again to an average of $2,878. That’s an increase of $970, or $81 per month, just for being a careless driver!

How to find budget-friendly car insurance for business use

Here are many penny-pinching solutions that can help California drivers buy low-cost coverage.

The last idea is extremely necessary, as we emphasized in the article above. Rates change a lot, so don’t hesitate to change to a new company if a better rate can be found.

Being loyal to a particular company is commendable, but is isn’t recommended if that loyalty ends up costing hundreds of dollars a year. It takes less than five minutes to shop around and find cheaper insurance for business use in Stockton.