The make and model of vehicle requiring coverage is one of the largest considerations when trying to find the lowest-priced insurance for good students. Vehicles with high performance engines, a lack of advanced safety features, or an increased likelihood of liability claims will cost much more to insure than safer models.
The table below features insurance prices for a handful of the most economical vehicles to buy coverage for.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 4WD | $5,724 |
| Hyundai Elantra GLS Touring Station Wagon | $5,732 |
| Ford Escape XLT 4WD | $5,781 |
| Honda Accord EX-L 4-Dr Sedan | $6,132 |
| Toyota Prius | $6,186 |
| Honda Odyssey LX | $6,386 |
| Jeep Wrangler Sahara 4WD 2-Dr | $6,442 |
| Ford Explorer Eddie Bauer 2WD | $6,448 |
| Dodge Grand Caravan SE | $6,442 |
| Ford Edge SE AWD | $6,737 |
| Toyota Camry LE | $6,793 |
| Toyota RAV4 Sport 2WD | $6,803 |
| Jeep Grand Cherokee Laredo 2WD | $6,793 |
| GMC Sierra SLE Crew Cab 2WD | $6,802 |
| Chevrolet Impala LT | $6,793 |
| Dodge Ram 3500 Crew Cab Laramie 2WD | $6,847 |
| Toyota Tacoma X-Runner 2WD | $7,144 |
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Above prices assume single male driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include safe-driver, and claim-free. Rate information does not factor in specific zip code location which can influence premium rates considerably.
Looking at the rates, we can tell that makes and models like the Honda CR-V, Hyundai Elantra, and Ford Escape will definitely be the most budget-friendly vehicles to insure for student drivers.
For student drivers, one of the largest considerations that help determine auto insurance rates is where you call home in Oakland. Areas with more people or more claims tend to have more expensive car insurance rates, whereas areas with less people or fewer weather incidents benefit from having to pay less for coverage.
The table below shows the highest-priced places in California for good students to buy auto insurance in. Oakland is listed at #4 with an annual cost of $1,704 for car insurance, which is around $142 per month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Los Angeles | $2,083 |
| 2 | Glendale | $2,058 |
| 3 | San Francisco | $1,711 |
| 4 | Oakland | $1,704 |
| 5 | Sacramento | $1,703 |
| 6 | Long Beach | $1,610 |
| 7 | Stockton | $1,588 |
| 8 | San Bernardino | $1,580 |
| 9 | Fontana | $1,566 |
| 10 | Moreno Valley | $1,551 |
| 11 | Santa Clarita | $1,533 |
| 12 | Fresno | $1,517 |
| 13 | Garden Grove | $1,508 |
| 14 | Modesto | $1,502 |
| 15 | Anaheim | $1,488 |
| 16 | Santa Ana | $1,483 |
| 17 | Riverside | $1,482 |
| 18 | Huntington Beach | $1,402 |
| 19 | San Jose | $1,395 |
| 20 | Bakersfield | $1,394 |
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Annual rates are estimated as the specific area where the vehicle is garaged can impact price quotes significantly.
Types of discounts on Oakland car insurance rates
Auto insurance companies that offer cheap quotes for good students may provide price discounts that could lower prices by 25% or more if you qualify. A list of insurance companies and some of the discounts are outlined below.
- State Farm has discounts for multiple policy, multiple autos, passive restraint, safe vehicle, and anti-theft.
- Nationwide offers premium reductions for anti-theft, accident-free, Farm Bureau membership, business or organization, and easy pay.
- GEICO may have discounts that include five-year accident-free, daytime running lights, driver training, defensive driver, air bags, and federal employee.
- AAA policyholders can earn discounts including good student, pay-in-full, education and occupation, AAA membership discount, and multi-car.
- 21st Century discounts include theft prevention, student driver, 55 and older, anti-lock brakes, and driver training.
- The Hartford offers discounts including air bag, vehicle fuel type, driver training, defensive driver, good student, and anti-theft.
The chart below compares insurance costs with and without discounts being applied to the rates. The prices are based on a male driver, no accidents or driving violations, California state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with passive restraint, paperless filing, paid-in-full, good student, anti-theft, and vehicle safety discounts applied. With discounts applied, theaverage yearly reduction on insurance for good students is 28% or $844.
How violations and accidents impact rates
The ideal way to find the most affordable insurance rates in Oakland for student drivers is to drive attentively and avoid accidents and violations. The diagram below highlights how traffic violations and at-fault accidents can increase insurance premiums for each different age group. The premium estimates are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no policy discounts are applied.
In the previous example, the average cost of an auto insurance policy per year with no violations or accidents is $1,570. Add in two speeding tickets and the average cost rises to $2,158, an increase of $587 each year. Now throw in two accidents along with the two speeding tickets and the 12-month cost of insurance for good students increases to an average of $4,608. That’s an increase of $3,037, or $253 per month, just for not being attentive to the road!
The illustration below shows how choosing a deductible can change yearly insurance costs when quoting cheap insurance for good students. The prices are based on a single male driver, comp and collision included, and no discounts are applied.
The chart above illustrates that a 50-year-old driver could reduce rates by $492 a year by changing from a $100 deductible up to a $500 deductible, or save $738 by using a $1,000 deductible. Young drivers, like the Age 20 chart data, could drop their prices $1,640 annually just by choosing higher deductibles. If you do make the decision to raise your deductibles, it is essential to have additional funds squirreled away to allow you to cover the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.
If you wish to have some advice when buying car insurance for good students, the agencies below can help you determine which auto insurance coverages would be the best in your situation. To locate an Oakland car insurance agency near you, click the button following the list or click here to compare price quotes now.
- Allstate Insurance: Liz Drennan
4170 Piedmont Ave c – Oakland, CA 94611 – (510) 594-2090 - Joe Trapasso – State Farm Insurance Agent
1901 Harrison St Ste 100 – Oakland, CA 94612 – (510) 808-7120 - Judy Chambers – State Farm Insurance Agent
1305 Franklin St #400 – Oakland, CA 94612 – (510) 832-2195 - Fred Loya Insurance
1620 High St STE B – Oakland, CA 94601 – (510) 434-1801 - State Farm Insurance – Oakland – Mat Dahms Agency
4400 Keller Ave #260 – Oakland, CA 94605 – (510) 636-1440
More Oakland, CA insurance agents
How to find the cheapest car insurance for good students
The list below shows some thrifty suggestions that can help you locate more affordable auto insurance.
- Drivers with good credit ratings often pay less
- Increase your comprehensive and collision deductibles
- Avoid having at-fault accidents
- Serious violations like DUI or reckless driving can increase rates dramatically
- Don’t have frequent claims
- Bundle home or renters insurance to earn a discount on car insurance
- Keep rates low by shopping around frequently
The last idea is particularly vital, as was emphasized in this piece. Auto insurance prices in Oakland vary greatly, so drivers shouldn’t be reluctant to buy a different policy if you find a better deal. Staying with the same company for years is fine, but it isn’t a good idea if that loyalty ends up costing a fortune every year. Spend a few minutes and shop around and find cheaper car insurance for good students.