One of the many criteria that are used to help calculate the annual cost of car insurance is where you live. Larger areas tend to have more expensive auto insurance rates, whereas areas with lower vehicle theft rates and fewer weather claims get the luxury of paying less.
The illustration below lists the most expensive places in California for drivers under 25 to purchase auto insurance in. Stockton ranks #8 costing $1,603 for coverage, which is about $134 per month.
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Price information shown is estimated as zip code location can impact insurance rates significantly.
The vehicle that is being insured is a large consideration that determines the availability of the most economical auto insurance for drivers under 25. Vehicles with high performance, a lack of advanced safety features, or a history of substantial liability claims will cost substantially more to insure than safer models. The data below shows auto insurance premiums for a handful of the cheapest automobiles to insure.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V LX 2WD||$2,268|
|Ford Escape XLT 2WD||$2,278|
|Ford F-150 STX Regular Cab 4WD||$2,545|
|Ford Edge SE AWD||$2,656|
|Toyota RAV4 Sport 4WD||$2,690|
|Dodge Grand Caravan Hero||$2,695|
|Chevrolet Malibu Hybrid||$2,690|
|Volkswagen Jetta LE 4-Dr Sedan||$2,699|
|Jeep Grand Cherokee Laredo 2WD||$2,690|
|Toyota Tacoma Double Cab 4WD||$2,722|
|Ford Explorer Limited AWD||$2,728|
|Jeep Wrangler Unlimited Sport 2WD 4-Dr||$2,768|
|Toyota Camry SE||$2,835|
|Honda Odyssey EX-L W/Rear Entertainment||$2,841|
|Chevrolet Impala LTZ||$2,835|
|Nissan Altima 2.5 S 4-Dr Sedan||$2,843|
|Hyundai Elantra SE 4-Dr Sedan||$2,835|
|GMC Sierra SLT Crew Cab 2WD||$2,868|
|Toyota Corolla XRS||$2,873|
|Ford Fusion SE 4-Dr Sedan||$2,868|
|Chevrolet Equinox LTZ AWD||$2,877|
|Chevrolet Silverado LS Crew Cab 4WD||$2,868|
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Prices based on single female driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium amounts do not factor in specific garaging location which can increase or decrease price quotes noticeably.
Looking at the numbers, we can infer that vehicles like the Honda CR-V, Ford Escape, and Toyota Prius are most likely going to be a few of the cheaper vehicles to insure for drivers age 25 and younger. The price for an auto insurance policy will be more expensive because there is a higher risk for drivers under 25, but generally speaking those makes and models will tend to have the lowest insurance rates compared to other types of vehicles.
Discounts on Stockton auto insurance
Insurance companies that offer coverage for drivers under 25 may also offer rate discounts that could reduce prices by 40% or more if you qualify for them. Large auto insurance companies and some of the premium reductions they offer can be found below.
- State Farm may offer discounts for passive restraint, multiple policy, student away at school, defensive driving training, safe vehicle, driver’s education, and anti-theft.
- GEICO has discounts for good student, driver training, anti-theft, multi-policy, daytime running lights, seat belt use, and defensive driver.
- Allstate may have discounts that include 55 and retired, early signing, resident student, premier plus, passive restraint, and anti-theft.
- SAFECO may include discounts for anti-theft, teen safe driver, safe driver, anti-lock brakes, and multi-car.
- Farm Bureau policyholders can earn discounts including multi-policy, multi-vehicle, youthful driver, good student, and safe driver.
- Progressive offers discounts for online quote discount, good student, homeowner, multi-policy, multi-vehicle, and continuous coverage.
- AAA includes discounts for pay-in-full, multi-car, good student, AAA membership discount, multi-policy, and education and occupation.
The diagram below shows the comparison of insurance prices with and without discounts. Data assumes a female driver, no violations or accidents, California state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with passive restraint, anti-theft, paid-in-full, continuous coverage, vehicle safety, and good student discounts applied. When discounts are applied, theaverage amount saved on auto insurance for drivers under 25 is 22% or $506.
Full coverage rates compared to liability-only
Finding the cheapest auto insurance should be important to most people, and a great way to pay less for insurance for drivers under 25 is to only buy liability coverage. The illustration below illustrates the difference between premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data is based on no claims, a clean driving record, $100 deductibles, drivers are single, and no discounts are applied.
If we average all the age groups together, physical damage coverage on your policy costs an additional $3,385 per year over and above liability only. Many drivers will wonder when is the right time to remove full coverage. There is no set guideline of when to stop paying for physical damage coverage on your policy, but there is a guideline you can use. If the yearly cost of full coverage is about 10% or more of any settlement you would receive from your insurance company, then you might consider buying liability only.
For example, let’s assume your vehicle’s book value is $10,500 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $9,500 after you pay the deductible. If premium cost is more than $950 annually to have full coverage, then it could be time to drop full coverage.
Why you should be shopping around
California auto insurance rates are based on many factors which can significantly increase or decrease the cost of coverage. Simply improving your credit, adding a teenager to your policy, or getting a ticket for running a stop sign may prompt premium changes that can now make some companies affordable when they were higher priced.
Also, insurance companies amend pricing multiple times each year to adjust for unexpected claims or profits. Heavier than normal losses may result in increased rates, while lower claims can cause cheaper Stockton car insurance rates.
As an example, the graph below analyzes the cheapest car insurance in Stockton, CA for a 30-year-old male driver with no violations or accidents, and great credit. If we estimate rates based on his personal profile, USAA quotes the best car insurance rates in Stockton at $1,318 each year. This is $333 less than the average premium paid by California drivers of $1,651. CSAA, Wawanesa, Nationwide, and Century National are also on the list of the cheapest Stockton, CA auto insurance companies.
The next chart shows rates after we give the driver from the first example an at-fault accident, bad credit, and a stop sign violation. Due to the fact that every auto insurer has a different formula for setting prices, analyzing rates may result in a slightly different list of affordable companies as shown below.
Grange now has the lowest price in Stockton with Allstate, Mercury, Progressive, and GEICO also having competitive pricing. This shows why it is critical to perform an extensive rate comparison to find the most affordable insurance quotes for drivers under 25.
Car insurance prices consist of many things and change dramatically, so the most economical company a year ago may now be quite expensive.
If you would rather get some professional advice when shopping for the best coverage for drivers under 25, the agencies below can help you make a decision which is the best policy. To locate an agency near you, click the button below the list or click here to compare price quotes now.
6 W Main St # J – Stockton, CA 95202 – (209) 463-0267
State Farm: Cheryl Bentley
1502 St Marks Plaza #2 – Stockton, CA 95207 – (209) 952-5065
C.Chuck Taylor Insurance Agency
9210 Thornton Rd # 5 – Stockton, CA 95209 – (209) 477-2234
Farmers Insurance – Ryan Turner
4560 N Pershing Ave b – Stockton, CA 95207 – (209) 957-1100
Farmers Insurance – Ryan Merin
3439 Brookside Rd #106 – Stockton, CA 95219 – (209) 957-4675
How to find economical car insurance for drivers under 25
The list below summarizes some of the recommended thrifty suggestions that can help Stockton drivers buy lower-cost car insurance.
- Good credit scores may lower your rates
- Keep your driving record clean
- Higher physical damage deductibles lower rates
- Avoid accidents
- Buy a safer vehicle
- Compare rate quotes often
The last tip is highly vital, as was discussed in this piece. Car insurance prices in Stockton can change considerably in a year, so don’t be hesitant to buy a policy from a new company if a more affordable price is available. Staying with the same car insurance company is fine, but is isn’t recommended if that stubbornness costs you a small fortune. In just a couple of minutes you could compare prices to find cheaper auto insurance for drivers under 25.