What Insurance is Cheapest for Electric Cars in Stockton?

The words “low-priced” and “auto insurance” really shouldn’t be used together, in particular when you are looking for the best insurance rates for electric cars. Because it’s not cheap, let’s go over some things that have an effect on car insurance prices, and see if we can help you reduce the price of the next policy you buy.

The vehicle that needs insurance is one of the largest considerations when consumers are trying to find cheaper insurance for electric cars. Vehicles with lots of horsepower, a lack of modern safety features, or a high likelihood of having liability claims will cost quite a bit more to insure than more modest models. The table below estimates car insurance costs for a number of the most affordable automobiles to buy insurance for.

Cheapest Vehicles to Insure in Stockton, CA
Vehicle Estimated Cost for Full Coverage
Honda CR-V EX 2WD $1,094
Hyundai Elantra SE Touring Station Wagon $1,185
Honda Accord EX-L 4-Dr Sedan $1,194
Dodge Grand Caravan SE $1,225
Jeep Wrangler Rubicon 4WD 2-Dr $1,233
Ford Focus S 4-Dr Sedan $1,268
GMC Sierra SLE Regular Cab 2WD $1,291
Toyota RAV4 Limited 2WD $1,298
Ford Explorer Limited 2WD $1,317
Ford Escape XLS 4WD $1,341
Toyota Camry SE $1,360
Ford Edge SE 2WD $1,377
Chevrolet Silverado LT Regular Cab 2WD $1,386
Nissan Rogue SL 2WD $1,394
Volkswagen Jetta SE 4-Dr Sedan $1,386
Get a Custom Quote Go

Cost estimates assume single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Rates do not factor in specific garaging location which can decrease or increase rates considerably.

Looking at the data, you can expect models like the Honda CR-V, Hyundai Elantra, and Honda Accord will definitely be a few of the less-costly vehicles to insure for eco-friendly vehicles.

One of the many components that determine the annual cost of car insurance is where you live in Stockton. Larger areas tend to have higher auto insurance costs, whereas more rural areas tend to receive slightly lower rates.

The following table rates the highest-priced places in California for electric cars to buy auto insurance in. Stockton makes the list at #7 having an annual price of $1,588 for car insurance, which is about $132 each month.

Car insurance prices in Stockton
Rank City Premium Per Year
1 Glendale $2,121
2 Los Angeles $2,083
3 San Francisco $1,711
4 Oakland $1,704
5 Sacramento $1,652
6 Santa Clarita $1,595
7 Stockton $1,588
8 San Bernardino $1,580
9 Long Beach $1,578
10 Garden Grove $1,554
11 Moreno Valley $1,551
12 Fontana $1,535
13 Anaheim $1,488
14 Modesto $1,487
15 Riverside $1,482
16 Fresno $1,472
17 Santa Ana $1,439
18 Bakersfield $1,394
19 San Diego $1,381
20 San Jose $1,381
Get a Custom Quote Go

Table data uses comparative as the specific garaging location can change coverage rates considerably.

Finding cheap insurance is not easy, and determining which company offers the cheapest car insurance rates for electric cars will require even more perseverance. Each auto insurance company uses a slightly different approach to set premium rates, so let’s take a look at the most budget-friendly car insurance companies in Stockton, CA.

It’s important that you understand Stockton, CA car insurance rates are calculated based on many things that will increase or decrease the cost of your policy. Simply having a birthday, getting married, or getting a reckless driving citation can produce rate changes that can cause some rates to be cheaper than before.

Find Cheaper Auto Insurance for EV’s

Click Here to Start Your Quote

Who has the cheapest car insurance in California?
Rank Company Cost Per Year
1 USAA $1,109
2 Wawanesa $1,146
3 Nationwide $1,213
4 Century National $1,214
5 CSAA $1,234
6 21st Century $1,366
7 Grange $1,447
8 Progressive $1,496
9 Mercury $1,503
10 GEICO $1,529
11 Allstate $1,559
12 Allied $1,588
13 MetLife $1,590
14 The Hartford $1,591
15 Unitrin $1,682
16 Esurance $1,705
17 State Farm $1,750
18 Bristol West $1,795
19 Travelers $1,806
20 Farmers $1,966
Get a Custom Quote Go

USAA has some of the lowest car insurance rates in Stockton at around $1,109 a year. This is $542 less than the average price paid by California drivers of $1,651. Wawanesa, Nationwide, Century National, and CSAA are also some of the best Stockton, CA auto insurance companies.

In the rate table above, if you are insured with Century National and switched to USAA, you may realize an annual savings of about $105. Policyholders with CSAA could save as much as $125 a year, and 21st Century policyholders might realize rate reductions of up to $257 a year.

To find the cheapest rates for your vehicle, click here to start a quote or visit any of the companies below.

Be aware that those policy prices are averaged for all drivers and vehicles and are not factoring in a specific zip code for electric cars. So the company that is best suited for you may not even be in the list above. That illustrates why you need to get car insurance quotes using your own driver data and vehicle information.

The illustration below illustrates how choosing a deductible can impact yearly insurance costs when researching cheap insurance for electric cars. The price estimates are based on a single female driver, comp and collision included, and no discounts are factored in.

A 30-year-old driver could cut expenses by $482 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $724 by choosing a $1,000 deductible. Even younger drivers, like the 20-year-old example, could shave $1,068 or more by using higher deductibles when buying full coverage.

When using a larger deductible, it is essential to have plenty of money set aside to be able to pay the extra out-of-pocket expense that comes with higher deductibles.

Full coverage rates compared to liability only

Reducing the cost of car insurance is important to the majority of drivers, and one good way to pay less for insurance for electric cars is to not pay for full coverage. The information below visualizes the comparison of auto insurance costs with and without physical damage coverage. The data assumes no violations or accidents, $250 deductibles, single marital status, and no discounts are applied.

As an overall average, full coverage costs an additional $2,314 per year more than just buying liability insurance. That is a large expense which might make you wonder if physical damage coverage is worth the money. There is no set rule to eliminate full coverage on your policy, but there is a general guideline you can use. If the annual cost of having full coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.

There are some scenarios where eliminating full coverage is not financially feasible. If you still owe a portion of the original loan, you are required to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not consider dropping full coverage.

Last year’s bargain might be this year’s rip off

Stockton, CA car insurance rates are impacted by many factors that control the policy price. Improving your credit rating, buying a new vehicle, or getting a speeding ticket can trigger changes in premium resulting in some rates now being affordable when they were higher priced. In addition to those changes, auto insurance companies amend pricing every year or even multiple times each year in order to maintain liquidity for claims. Heavy losses can result in additional premium costs, while lower claim levels can produce more affordable Stockton car insurance rates.

To illustrate this point, the data below shows the cheapest car insurance in Stockton, CA for a 35-year-old male driver with a clean driving record, no accidents, and great credit. If we estimate rates based on his current risk profile, Wawanesa has the lowest car insurance rates in Stockton at $1,360 a year. This is $291 less than the average price paid by California drivers of $1,651. USAA, CSAA, Century National, and Nationwide round out the rest of the top five cheapest Stockton, CA auto insurance companies.

The next chart shows rates after we give the driver in the first example an accident claim, a little lower credit rating, and a couple of points charged on his driving record. Since each insurance company has a unique approach to establish rates, analyzing rates may now present a different set of cheap Stockton auto insurance companies as shown below.

Grange now has the lowest price in Stockton, CA with Mercury, Progressive, Allstate, and GEICO also having competitive pricing. This illustrates why consumers need to shop around when trying to find the most budget-friendly auto insurance rates for electric cars.

Insurance prices consist of many risk factors and change dramatically, so the most economical company two years ago may now be quite expensive.

How to find low-cost insurance for electric cars

Lowering your rates is not difficult, and here are some of the recommended money-saving ideas that can help you locate cheaper coverage.

That final tip is extremely critical, as was discussed in the prior information. Coverage prices fluctuate considerably, so drivers shouldn’t be resistant to switch to a new company if a lower-cost policy is available. Loyalty to a specific company is fine, but it isn’t a good idea if that loyalty ends up costing thousands of dollars over the life of your policy. It only takes a couple minutes to compare rates to find cheaper insurance for electric cars in Stockton.