For financially responsible drivers, one of the more important factors that are looked at to help calculate insurance cost is where you call home in Stockton. Areas with more people or more claims are more likely to pay higher prices, whereas areas with lower vehicle theft rates and fewer weather claims tend to receive cheaper rates.
The table below shows the highest-priced areas in California for drivers with good credit in which to buy car insurance. Stockton is ranked #11 with a yearly premium of $1,541 on average, which is about $128 per month.
|Rank||City||Premium Per Year|
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Table data uses comparative as zip code location can affect premium rates significantly.
The make and model of vehicle you are insuring is one of the largest considerations that determines whether or not you find economical coverage for drivers with good credit. Vehicles with reasonable performance levels, a plethora of safety features, or a low likelihood of having liability claims will cost significantly less to insure than adrenaline junky models. The next table shows car insurance prices for some of the cheaper automobiles to insure in California.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V LX 2WD||$1,334|
|Chevrolet Silverado LS Regular Cab 2WD||$1,375|
|Chevrolet Equinox LT AWD||$1,385|
|Toyota Tacoma Double Cab TRD Sport Package 4WD||$1,402|
|Ford Escape XLT 4WD||$1,458|
|Jeep Grand Cherokee SRT-8 4WD||$1,473|
|GMC Sierra SL Crew Cab 2WD||$1,483|
|Ford Explorer XLT 4WD||$1,497|
|Honda Accord EX-L 4-Dr Sedan||$1,549|
|Honda Odyssey EX W/Rear Entertainment||$1,558|
|Toyota RAV4 Limited 4WD||$1,578|
|Chevrolet Malibu LS||$1,585|
|Dodge Grand Caravan Hero||$1,578|
|Ford F-150 XL Regular Cab 4WD||$1,595|
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Table data represents single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Estimates do not factor in vehicle garaging location which can decrease or increase auto insurance rates greatly.
Looking at the data, you can assume that makes and models like the Honda CR-V, Chevrolet Silverado, Chevrolet Equinox, and Toyota Tacoma will be a few of the cheaper vehicles to insure for financially responsible drivers.
Get discounts on Stockton insurance
Insurance providers that offer coverage for drivers with good credit may also offer rate discounts that could potentially reduce rates by 35% or more if you are eligible for them. A list of companies and some of the premium reductions they offer include:
- Farm Bureau may include discounts for youthful driver, renewal discount, good student, 55 and retired, multi-policy, and multi-vehicle.
- Liberty Mutual has discounts for new move discount, new vehicle discount, hybrid vehicle, multi-policy, and multi-car.
- State Farm includes discounts for anti-theft, multiple autos, safe vehicle, accident-free, Steer Clear safe driver discount, and passive restraint.
- Auto-Owners Insurance has savings for anti-lock brakes, company car, mature driver, multiple vehicles, and multi-policy.
- GEICO discounts include military active duty, air bags, multi-policy, multi-vehicle, daytime running lights, good student, and defensive driver.
- SAFECO offers discounts including multi-car, anti-lock brakes, teen safe driver, safe driver, drive less, and homeowner.
The information below shows the comparison of annual premium costs with and without discounts applied to the rates. The costs are based on a male driver, no claims or driving citations, California state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with multiple vehicle, defensive driving course, anti-theft, marriage, safe-driver, and multiple policy discounts applied. When drivers qualify for the discounts, theaverage amount saved on insurance for drivers with good credit is 28% or $703.
Cost of full coverage
Lowering the price of insurance is the goal of the majority of drivers, and one great way to pay less for insurance for drivers with good credit is to only buy liability coverage. The example below shows the difference between annual premium costs when comparing full coverage to liability only. The prices are based on no violations or claims, $500 deductibles, drivers are single, and no discounts are applied to the premium.
If we average all the age groups together, comprehensive and collision coverage on your policy costs $2,273 per year more than insuring for liability only. At some point, every insured wonders if paying for full coverage is worth it. There isn’t a written rule for phasing out physical damage coverage on your policy, but there is a general guideline. If the annual cost of your full coverage insurance is 10% or more of any settlement you would receive from your insurance company, then it might be time to consider dropping full coverage.
There are some conditions where only buying liability is not recommended. If you have an outstanding loan on your vehicle, you have to maintain full coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should maintain full coverage.
Tips to find low-cost auto insurance for drivers with good credit
It’s not impossible to find cheaper rates, and here are some of the better penny-pinching suggestions that can help drivers buy more affordable auto insurance.
- Safer vehicles generally have cheaper insurance rates
- Violations and traffic tickets increase rates
- Remove physical damage coverage on older vehicles
- Raise deductibles
- Pay lower rates with good credit
- Remain accident-free and save
- Compare price quotes at least once a year
The last item on the list is certainly necessary, as was pointed out in this article. Auto insurance rates in Stockton can change considerably in a year, so drivers shouldn’t be reluctant to buy from a new company if a lower-cost policy is available.
Brand loyalty is not necessarily bad, but it isn’t a good idea if that loyalty ends up costing a small fortune. In just a couple of minutes you could compare prices and find cheaper auto insurance for drivers with good credit.
The agents below can answer your questions and help you decide which auto insurance policy would work best for you, as lots of people like to have some professional guidance when shopping for the best coverage for drivers with good credit. It’s not always easy to find the best policy yourself, so using a licensed agent can provide peace of mind knowing you have adequate protection in case of an accident or claim.
To find an auto insurance agency close to you, click the button link following the list or click here to compare prices now.
- Farmers Insurance: Paula Ortiz
4550 N Pershing Ave #3 – Stockton, CA 95207 – (209) 956-3988
- Big Savings Insurance Agency, Inc
7153 Pacific Ave – Stockton, CA 95207 – (209) 956-2000
- Mark Berbower Insurance Agency
2 W Swain Rd – Stockton, CA 95207 – (209) 405-1088