Finding low-priced auto insurance is not most people’s favorite thing to do, and finding out which company quotes the cheapest auto insurance rates for 16 year olds involves even more perseverance. Every insurance provider uses their own formula for determining prices, so let’s begin by taking a look at the lowest cost auto insurance companies in Stockton, CA.
It’s a good idea to know that Stockton, CA auto insurance rates are determined by lots of factors that may substantially change the cost of a policy. Events such as a birthday, buying a safer car, or having a fender bender may generate price changes that may make certain companies much higher than others.
Compare Cheap Insurance Quotes for Teens
|Rank||Company||Cost Per Year|
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USAA normally has some of the most affordable car insurance rates in Stockton at around $1,155 each year. This is $496 less than the average price paid by California drivers of $1,651. Wawanesa, Nationwide, Century National, and CSAA also qualify as some of the cheapest Stockton, CA car insurance companies.
As shown above, if you are insured with Century National and switched to Wawanesa, you could earn a yearly price reduction of upwards of $33. Policyholders with CSAA may save as much as $53 a year, and 21st Century policyholders might lower prices by $157 a year.
To compare your rates to other California insurance companies, click here to start your free quote or feel free to get quotes from the companies below.
Be aware that those rates are averaged across all types of insureds and vehicles and do not factor in a specific location for 16 year olds. So the insurer that fits your situation best may not even be in the top 24 companies in the list above. That underscores the importance of why you need to compare as many prices as possible using your own driver information and specific vehicle type.
For new drivers, one of the big things that are looked at to help calculate the price you pay for insurance is where you live. More densely populated places tend to have more expensive car insurance rates, whereas areas with less congestion have the luxury of lower rates.
The illustration below sorts the highest-priced places in California for 16 year olds to purchase auto insurance in. Stockton makes the list at #8 with an annual cost of $1,588 on average, which is around $132 monthly.
|Rank||City||Premium Per Year|
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Table data uses estimated as the specific zip code location can raise or lower insurance rates greatly.
The make and model of vehicle requiring insurance is a large factor when consumers are trying to find low-priced car insurance for 16 year olds. Vehicles with higher performance, a lack of advanced safety features, or a high likelihood of having liability claims will cost substantially more to insure than safer models.
The table below estimates coverage premiums for the cheapest automobiles to insure.
|Make and Model||Estimated Cost for Full Coverage|
|Honda Accord EX 4-Dr Sedan||$4,352|
|Honda CR-V EX 4WD||$4,392|
|Ford Escape XLT 4WD||$4,400|
|Volkswagen Jetta S 2.5 Station Wagon||$4,658|
|Ford Explorer Eddie Bauer 2WD||$4,901|
|Dodge Grand Caravan SE||$4,907|
|Honda Civic DX 4-Dr Sedan||$5,126|
|Ford Edge SE AWD||$5,134|
|Ford Focus SE 4-Dr Sedan||$5,126|
|Chevrolet Equinox LT 2WD||$5,167|
|Toyota RAV4 Limited 4WD||$5,176|
|Chevrolet Impala LT||$5,167|
|Chevrolet Malibu LT||$5,207|
|Hyundai Elantra Blue 4-Dr Sedan||$5,390|
|Toyota Tacoma X-Runner 2WD||$5,430|
|Toyota Camry SE||$5,436|
|Nissan Altima 2.5 S 4-Dr Sedan||$5,430|
|Toyota Corolla LE||$5,438|
|Jeep Grand Cherokee SRT-8 4WD||$5,471|
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Data variables include single female 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. Rates do not factor in vehicle garaging location which can decrease or increase coverage rates considerably.
Looking at the data, we can assume that makes and models like the Honda Accord, Honda CR-V, Ford Escape, and Volkswagen Jetta will definitely be the cheaper vehicles to insure for new drivers. The cost of auto insurance will trend higher because of the fact that there is more claim risk for 16 year olds, but in general those particular vehicles will most likely have the cheapest car insurance rates compared to all other vehicles.
Which auto insurance company is best in Stockton?
Finding a highly-rated auto insurance provider can be rather challenging considering how many companies there are to choose from in Stockton. The ranking information displayed below may help you choose which insurers to look at when shopping your coverage around.
These ratings are only comprised of large, nationwide insurance companies, so smaller regional companies are not included in this list. If you’d like to compare prices and find the cheapest rates for 16 year olds, follow this link.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
|AAA of Southern California||91||94||97||92%||A+||94.1|
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Data Source: Insure.com Best Car Insurance Companies
The diagram below demonstrates how deductibles can change insurance costs when researching cheap insurance for 16 year olds. The premiums are based on a married male driver, comprehensive and collision coverage, and no discounts are applied to the premium.
The data above shows that a 50-year-old driver could cut expenses by $370 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $556 by switching to a $1,000 deductible. Younger drivers, such as the Age 20 example, could drop their prices $1,230 annually just by choosing higher deductibles when buying full coverage. When increasing deductibles, it will be important to have enough savings to enable you to pay the extra out-of-pocket expense that deters many people from opting for higher deductibles.
Here’s why price comparisons are so important
Stockton, CA auto insurance rates are impacted by many factors that will increase or decrease the price of coverage. Turning one year older, increasing deductibles, or getting a couple of tickets may cause policy rate changes resulting in some companies being more affordable than others. Not only that, but insurance companies change rates as often as every quarter to adjust for gains or losses. Higher than normal claim frequency or severity may result in rate increases, while better underwriting may produce more affordable Stockton car insurance rates.
As an example, the graph below shows a variety of companies that have the cheapest car insurance in Stockton, CA for a 40-year-old female driver with no accidents or violations, and excellent credit. Based on her personal risk profile, USAA quotes the cheapest car insurance rates in Stockton at $1,358 a year. This is $293 less than the average rate paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide also make the list of the cheapest Stockton, CA auto insurance companies.
Now we will give the driver from the first example an at-fault accident, a lower credit rating, and an imperfect driving record. Since every insurance provider has a proprietary formula to determining premium rates, comparing insurance quotes may now show a substantially altered list of companies as shown below.
Grange now has the cheapest car insurance in Stockton, CA with Progressive, GEICO, Allstate, and Mercury completing the list. This shows why it is important to do a thorough rate comparison when trying to find cheap auto insurance rates for 16 year olds.
Insurance prices can be determined by many different factors and can change without notice, so the best option two years ago may now be priced much higher than other options.
If you like to get some professional advice when shopping for cheaper insurance for new drivers, the agencies below can most likely help you make a decision which policy fits your needs best. To find a Stockton insurance agency closest to you, click the button at the bottom.
- Big Savings Insurance Agency, Inc
7153 Pacific Ave – Stockton, CA 95207 – (209) 956-2000
- Farmers Insurance – Celine Vien
7743 West Ln, Ste C4 – Stockton, CA 95210 – (209) 476-8222
- Brookside General Insurance Services Inc
1231 W Robinhood Dr – Stockton, CA 95207 – (209) 476-8022