The make and model of vehicle on the policy is a large factor that determines if you can find low-priced auto insurance for 20 year old guys. Vehicles with lower performance, good crash test ratings, or a low likelihood of liability claims will cost much less to insure than fast, unsafe models.
The next table shows car insurance premiums for the cheapest automobiles to insure.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 2WD | $3,568 |
| Ford Escape XLS 2WD | $3,573 |
| Honda Accord LX-P 4-Dr Sedan | $3,568 |
| Toyota Prius | $3,939 |
| Toyota Tacoma 4WD | $3,973 |
| Dodge Grand Caravan SE | $3,982 |
| Ford Explorer XLT 2WD | $3,973 |
| Volkswagen Jetta 2.0T Station Wagon | $4,203 |
| Toyota RAV4 4WD | $4,237 |
| Chevrolet Impala LT | $4,245 |
| Chevrolet Equinox LS AWD | $4,237 |
| Chevrolet Malibu Hybrid | $4,243 |
| Ford F-150 Lariat Super Cab 4WD | $4,290 |
| Ford Focus SES 4-Dr Sedan | $4,449 |
| Hyundai Elantra GLS 4-Dr Sedan | $4,502 |
| Toyota Camry XLE | $4,510 |
| Toyota Corolla S | $4,502 |
| Ford Edge Sport 2WD | $4,510 |
| Nissan Rogue S AWD | $4,542 |
| Honda Odyssey Touring | $4,555 |
| Compare Rates Now Go | |
Data rating is based on single male driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium costs do not factor in vehicle garaging location which can revise coverage prices greatly.
Looking at the numbers, you can infer that cars like the Honda CR-V, Ford Escape, Honda Accord, and Toyota Prius are likely to be a few of the cheaper vehicles to insure for young men. The cost of auto insurance will trend higher just due to the fact that there is a higher risk for 20 year old guys, but overall those particular models will tend to have the cheapest car insurance rates available.
One of the many criteria that help determine auto insurance rates is where you keep your vehicle in Oakland. More populated areas will most likely pay more, whereas areas with lower crime rates and fewer weather claims have the benefit of cheaper car insurance.
The information below rates the priciest cities in California for 20 year old guys to buy car insurance in. Oakland is ranked at #4 with the yearly price of $1,755 for the average policyholder, which is approximately $146 per month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Los Angeles | $2,104 |
| 2 | Glendale | $2,058 |
| 3 | San Francisco | $1,763 |
| 4 | Oakland | $1,755 |
| 5 | Sacramento | $1,669 |
| 6 | Long Beach | $1,626 |
| 7 | San Bernardino | $1,596 |
| 8 | Santa Clarita | $1,595 |
| 9 | Garden Grove | $1,570 |
| 10 | Stockton | $1,556 |
| 11 | Moreno Valley | $1,551 |
| 12 | Fontana | $1,519 |
| 13 | Riverside | $1,497 |
| 14 | Modesto | $1,487 |
| 15 | Santa Ana | $1,483 |
| 16 | Anaheim | $1,474 |
| 17 | Fresno | $1,457 |
| 18 | San Jose | $1,423 |
| 19 | Fremont | $1,389 |
| 20 | Irvine | $1,384 |
| 21 | San Diego | $1,381 |
| 22 | Huntington Beach | $1,360 |
| 23 | Bakersfield | $1,340 |
| 24 | Chula Vista | $1,337 |
| 25 | Oxnard | $1,318 |
| Compare Prices Now Go | ||
Rates are estimated as the specific area where the vehicle is garaged can change coverage rates considerably.
Careless drivers pay higher rates
The ideal way to enjoy affordable car insurance prices in Oakland for young men is to be a cautious driver and not get tickets or have accidents. The information below shows how traffic citations and at-fault collisions can drive up insurance costs for different age groups of insureds. The costs are based on a married female driver, full physical damage coverage, $100 deductibles, and no discounts are factored in.
In the previous example, the average cost of car insurance per year with no accidents and a clean driving record is $2,596. Get written up for one speeding ticket and the average cost swells to $3,023, an increase of $427 each year. Now add in one accident along with the one speeding ticket and the annual cost of car insurance for 20 year old guys goes up to an average of $4,252. That’s an increase of $1,656, or $138 per month, just for not keeping your driving record clean!
Finding a good quality auto insurance provider can be rather challenging considering how many choices drivers have in Oakland. The information displayed below could help you decide which coverage providers you want to consider when shopping car insurance rates for 20 year old guys. These ratings only include companies with a nationwide focus, so companies that may only write in California are not taken into consideration for these rankings.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| AAA of Southern California | 91 | 94 | 97 | 92% | A+ | 94.1 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Mercury Insurance | 88 | 91 | 90 | 85% | A+ | 89.4 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
| Liberty Mutual | 84 | 87 | 93 | 88% | A | 88.5 |
| 21st Century | 85 | 86 | 87 | 88% | A | 86.7 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Why you should be shopping around
California car insurance rates are influenced by many factors which can significantly increase or decrease the price of coverage. Improving your credit score, moving across town, or having an accident may prompt premium changes resulting in some companies being more affordable than competitors. Additionally, companies change premium rates at least once a year to reflect underwriting profits or losses. Significantly higher losses may cause higher prices, while lower claim expenses can produce cheaper Oakland car insurance rates.
The bar chart below shows rates for the cheapest car insurance in Oakland, CA for a 45-year-old female driver with no accidents, a clean driving record, and excellent credit. If we compare prices based on her current rating profile, USAA may have the cheapest car insurance rates in Oakland at $1,467 per year. This is $184 less than the average premium paid by California drivers of $1,651. Wawanesa, Nationwide, Century National, and CSAA round out the rest of the top five cheapest Oakland, CA auto insurance companies.
The example below compares rates after we give the driver from the first example a chargeable claim, slightly worse credit, and a speeding ticket. Since each company has their own formula to set premium rates, comparing quotes may now present a new list of companies as shown below.
Grange now has the cheapest car insurance in Oakland, CA with Progressive, GEICO, Allstate, and Mercury now rounding out the top five. This example shows why it is critical to perform an extensive rate comparison when trying to find the cheapest car insurance quotes for 20 year old guys. Prices consist of many things and can decrease or increase without notice, so the most economical option the last time you shopped around may now not even be in the top five.
Tips for finding more affordable auto insurance for 20 year old guys
Lowering your rates is not difficult, and here are some of the better penny-pinching ideas that can help you find cheaper coverage.
- Do not pay for full coverage on older vehicles
- Avoid at-fault accidents and claims
- Clean up your credit
- Increase the comprehensive and collision deductibles on your policy
- Lower rates by purchasing a safer vehicle
- Do not get traffic citations
- Shop around once a year for cheaper rates
The last suggestion is remarkably significant, as we discussed in the prior article. Insurance rates in Oakland change a lot, so drivers shouldn’t be resistant to buy a different policy if a more affordable price is available. Being loyal to a particular company is commendable, but it isn’t a good idea if your bullheadedness ends up costing you a fortune every year. It only take a few minutes to compare rates and find cheaper auto insurance for 20 year old guys.
The Oakland, CA, insurance agents below are a good start to help you determine which coverages you need, since some people prefer to have a little guidance when comparing insurance rates for 20 year old guys. It can be hard to find the best rates on your own, and getting advice from a licensed California insurance agent can give comfort knowing you have enough protection. To find an Oakland insurance agent closest to you, click the button following the list.
- Ruth Stroup Insurance Agency
3560 Grand Ave – Oakland, CA 94610 – (510) 874-5700 - Jessica Hebert – State Farm Insurance Agent
490 Grand Ave #210 – Oakland, CA 94610 – (510) 653-2900 - Farmers Insurance: Man Kin Lau
638 Webster St #200a – Oakland, CA 94607 – (510) 282-7996 - Farmers Insurance – Anthony Sue
3333 Grand Ave #203 – Oakland, CA 94610 – (510) 465-1544