For teen boys, one of the big factors that help determine the annual cost of car insurance is where you keep your vehicle. Areas with more people or higher crime rates likely pay more, whereas less populated areas have the gratification of cheaper auto insurance rates.
The following table ranks the highest-priced places in California for teenage males to buy auto insurance in. San Francisco makes the list at #3 with the annual price of $1,693 for car insurance, which is about $141 each month.
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Rate information is estimated as the specific garaging location can affect premium rates considerably.
The vehicle that is being insured is one of the largest factors when consumers are trying to find low-cost insurance for teenage males. Vehicles with economical engines, good crash test ratings, or low incidents of liability claims will cost less to insure than fast, unsafe models. The next table estimates car insurance costs for some of the most cost-effective vehicles to insure in California.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Honda CR-V LX 2WD||$5,351|
|Ford Escape XLT 2WD||$5,357|
|Honda Accord EX-L 4-Dr Sedan||$5,759|
|Hyundai Elantra SE Touring Station Wagon||$5,765|
|Dodge Grand Caravan SE||$6,000|
|Volkswagen Jetta SE 2.5 Station Wagon||$6,164|
|Honda Odyssey EX W/Rear Entertainment||$6,294|
|Chevrolet Malibu Hybrid||$6,351|
|Chevrolet Equinox LS 2WD||$6,357|
|Toyota RAV4 Limited 2WD||$6,351|
|Chevrolet Impala LT||$6,356|
|Ford Explorer Limited 2WD||$6,405|
|Ford F-150 Lariat Crew Cab 2WD||$6,415|
|Toyota Tacoma Double Cab TRD Off-Road Package 4WD||$6,405|
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Data rating is based on single male driver age 17, 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 specific location information which can increase or decrease coverage rates greatly.
Looking at the numbers, you can conclude that cars like the Honda CR-V, Ford Escape, Honda Accord, and Hyundai Elantra are going to be some of the cheaper vehicles to insure for teen boys. Prices will tend to be more expensive anyway just due to the fact that there is more claim risk for teenage males, but generally speaking those specific models will most likely have the lowest insurance prices that you are likely to find.
Trying to find low-priced car insurance is not the easiest thing to do, and determining which company has the cheapest auto insurance rates for teenage males takes additional perseverance.
Each insurance company has a different process for determining rates, so to begin we’ll rank the most affordable auto insurance companies in San Francisco. Keep in mind that San Francisco auto insurance rates are impacted by many things that may substantially change the price of coverage. Events like a birthday, buying a newer car, or getting a speeding ticket can trigger price changes that can make some companies less affordable than competitors.
Find the Cheapest Auto Insurance for Teens
|Rank||Company||Cost Per Year|
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USAA may have some of the most affordable car insurance rates in San Francisco at around $1,121 per year. Century National, Wawanesa, Nationwide, and CSAA also qualify as some of the cheaper San Francisco, CA insurance companies.
In the above example, if you have coverage with Nationwide and switched to Century National, you might realize an annual premium reduction of roughly $35. Policyholders with CSAA might save as much as $56 a year, and 21st Century policyholders might lower prices by up to $188 a year.
To get a fast rate comparison, click here to get a free quote or visit several of the following companies.
Understand that those policy rates are averaged across all types of drivers and the different vehicles they drive and and are not calculated with a specific vehicle garaging location for teenage males. So the car insurance company that has the lowest price for you may not even be in the top 24 companies shown above. That is why you need to compare rates from multiple companies using your own driver data and vehicle information.
Choosing the best auto insurance company can be a challenge considering how many companies provide coverage in San Francisco. The information in the next section can help you choose which auto insurers to look at shopping your coverage with.
These ratings include the companies with a significant amount of written premium nationwide, so smaller regional companies will not be included in this list. To compare rates from these and other top-rated companies, simply click here.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
|AAA of Southern California||91||94||97||92%||A+||94.1|
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Data Source: Insure.com Best Car Insurance Companies
Comparison of full coverage and liability-only policies
Finding the cheapest auto insurance is the goal of the majority of people, and one of the quickest ways to pay lower rates for insurance for teenage males is to buy only liability coverage. The chart below illustrates the difference between yearly insurance costs with and without full coverage. The price estimates are based on no accidents or driving violations, $500 deductibles, single status, and no discounts are factored in.
As an average, physical damage coverage on your policy costs an additional $2,075 per year over liability only. That is a large expense and it proposes the question when is it safe to stop buying full coverage. There is no set guideline that is best for determining when to drop comp and collision coverage, but there is a general convention. If the yearly cost of comp and collision coverage is more than around 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.
For example, let’s pretend your vehicle’s replacement cost is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would get paid by your company is $6,000 after the policy deductible has been paid. If premiums are more than $600 annually for your policy with full coverage, then it could be time to drop full coverage.
There are some circumstances where eliminating full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should keep full coverage on your policy.
How to find the cheapest auto insurance for teenage males
Lowering your rates is not difficult, and here are some money-saving suggestions that can help San Francisco drivers quote more affordable coverage.
- Save money by insuring older vehicles for liability only
- At-fault accidents can raise rates significantly
- Speeding tickets and other violations increase rates
- Try to not file small claims
- Save money by insuring your home and auto with the same company
- Vehicles with safetly features generally cost less to insure
- Shop around for cheaper prices often
The last tip in the list is certainly critical, as was noted in this piece. Insurance rates can change in a short period of time, so drivers shouldn’t be resistant to change insurance companies if you can save money. Staying with the same company for years is fine, but it’s not recommended if that stubbornness costs you thousands of dollars over the life of your policy. If you have a few minutes, compare rates and find cheaper car insurance for teenage males in San Francisco.
The San Francisco, CA, insurance agents below can probably provide answers to your questions and help you determine which policy fits your needs best, as many people would rather get some professional advice when shopping around for cheaper insurance for teen boys. It’s not always easy to find the cheapest rates, so a licensed agent can give you comfort knowing you have sufficient protection if you have a claim.
To find an auto insurance agency using an interactive map, click the button below the list.
Kiet Nguyen – State Farm Insurance Agent
4198 Mission St – San Francisco, CA 94112 – (415) 587-1880
Toan Tieu – State Farm Insurance Agent
690 Monterey Blvd – San Francisco, CA 94127 – (415) 610-8000
Nationwide Insurance: Nathan Douglas Gleason Agency
101 California St #2710 – San Francisco, CA 94111 – (415) 870-6999
State Farm: Michael Woo
2166 Market St – San Francisco, CA 94114 – (415) 565-6777
Primeras Insurance Agency
3339 23rd St – San Francisco, CA 94108 – (415) 829-7312