The words “low-priced” and “auto insurance” really don’t belong together, especially when looking for the cheapest car insurance for good students. In an attempt to save some money, let’s start the ball rolling by going over some things that have an impact on insurance rates, and see how we can help you slash the price of the next policy you buy.
Deciding which insurers offer the best auto insurance rates for good students requires more work in order to find the best price. Every insurance provider has a different process for setting prices, so let’s look at the rankings for the auto insurance companies with the overall best prices in California.
It’s a good idea to be aware that San Francisco auto insurance rates are impacted by many factors which can substantially change the price of your policy. Simply having a birthday, buying higher coverage limits, or having a fender bender can trigger changes in premium resulting in some companies being affordable when they were higher priced.
Cheap Insurance Rates for Students
USAA offers some of the best car insurance rates in San Francisco at around $1,155 a year. Century National, Wawanesa, CSAA, and Nationwide would also be considered some of the most economical San Francisco, CA insurance companies.
In this example, if you are insured with CSAA and switched to Century National, you might achieve savings of roughly $20. Drivers with Nationwide might save as much as $48 a year, and 21st Century customers might reduce prices by as much as $201 a year.
It’s important to note that these policy rates are averages across all insureds and vehicles and do not factor in an exact zip code location for good students. So the insurer that has the cheapest price for you may not even be in the top 24 companies in the list above. That’s why you need to get rate quotes using your own individual information.
The vehicle you are buying coverage for is a significant factor when comparing economical insurance for good students. Vehicles with reasonable performance levels, a great safety record, or a low likelihood of liability claims will cost much less to insure than high performance models.
The table below features auto insurance prices for a handful of the most cost-effective automobiles to insure.
|Make and Model||Estimated Cost for Full Coverage|
|Honda Accord LX 4-Dr Sedan||$5,696|
|Honda CR-V EX 2WD||$5,701|
|Ford Escape XLT 4WD||$5,748|
|Hyundai Elantra SE Touring Station Wagon||$6,093|
|Ford F-150 XLT Crew Cab 2WD||$6,405|
|Volkswagen Jetta SE 2.5 Station Wagon||$6,492|
|Chevrolet Impala LS||$6,699|
|Ford Edge SE AWD||$6,709|
|Toyota Tacoma 2WD||$6,699|
|Toyota RAV4 Sport 2WD||$6,750|
|GMC Sierra SL Extended Cab 2WD||$6,758|
|Chevrolet Equinox LT AWD||$6,750|
|Ford Explorer Limited 2WD||$6,802|
|Dodge Grand Caravan Crew||$6,808|
|Chevrolet Malibu LT||$6,802|
|Ford Focus SEL 4-Dr Sedan||$7,047|
|Toyota Camry XLE||$7,098|
|Toyota Corolla LE||$7,104|
|Honda Odyssey EX-L||$7,098|
|Find Cheaper Rates Go|
Above prices assume single female 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 vehicle location which can impact rates noticeably.
Looking at the rates, we can tell that vehicles like the Honda Accord, Honda CR-V, and Ford Escape are most likely to be a few of the most affordable vehicles to insure for student drivers.
The diagram below demonstrates how deductibles can raise or lower insurance costs when researching cheap insurance for good students. The rates are based on a single female driver, comp and collision included, and no additional discounts are factored in.
A 30-year-old driver could save $544 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $816 by choosing a $1,000 deductible. Youthful drivers, like the 20-year-old category, could potentially save $1,216 or more by using higher deductibles when buying full coverage.
When insureds make the decision to increase the deductibles on their policy, it will be necessary to have additional funds squirreled away to be able to cover the extra out-of-pocket expense that comes with higher deductibles.
Responsible drivers pay cheaper auto insurance rates
One of the best ways to enjoy good auto insurance rates for student drivers is to drive carefully and avoid accidents and keep your driving record clean. The information below demonstrates how citations and accident claims increase insurance costs for different age categories. The data is based on a married female driver, full physical damage coverage, $500 deductibles, and no discounts are applied to the premium.
The data charted above shows the average cost of car insurance in California per year with no accidents and a clean driving record is $1,751. Get one speeding ticket and the average cost surges to $2,039, an increase of $288 each year. Then include two accidents along with the one speeding ticket and the annual cost of auto insurance for good students goes up to an average of $4,555. That’s an increase of $2,804, or $234 per month, just for not driving carefully!
If you would rather have a professional recommendation when trying to find the best insurance rates for student drivers, the insurance agencies listed below can most likely provide answers to your questions and help you determine which coverage meets your needs best.
To locate a San Francisco auto insurance agent close to you, click the button link following the list.
- John A. Morton Insurance Agency
3372 22nd St – San Francisco, CA 94110 – (415) 282-5888
- Primeras Insurance Agency
3339 23rd St – San Francisco, CA 94108 – (415) 829-7312
- Yan Lukito – State Farm Insurance Agent
5214 Diamond Heights Blvd i – San Francisco, CA 94131 – (415) 282-5558
Tips to find low-cost auto insurance for good students
The list below shows many money-saving solutions that can help drivers quote low-cost coverage.
- Buy a safer vehicle
- Improve your credit
- Save money by observing traffic laws and speed limits
- Older vehicles may not need full coverage
- At-fault accidents will increase rates
- Raise comprehensive and collision coverage deductibles
- Compare rates regularly and switch companies to save money
The final tip is especially critical, as we discussed in the prior article. Car insurance prices in San Francisco fluctuate considerably, so drivers shouldn’t be resistant to switch companies if a cheaper rate is available.
Sticking with a specific company is fine, but we do not recommend it if that dedication is costing money that could be used for better things. Spend a few minutes and compare prices and find cheaper auto insurance for good students.