California is one of the most expensive places in the country for auto insurance. Nationwide’s average monthly premium for drivers is $2,309 per month. This is 30% higher than the state average. These rates may be different from those in other states. These numbers are based only on data from studies. Consider your driving record and any accidents to get an idea of the rates you can expect.
California drivers pay an average of $1713 per a year for car insurance. This figure is almost 20 percent higher than the national median. The difference can be explained by the fact that many people in the state live in densely-populated areas, which have a higher risk of car accidents and auto theft. In addition, many residents of California also experience varying weather conditions and are more likely to get into an accident.
California’s average car insurance price is $146 per monthly. However, a Mercedes Mercedes-Benz AMG GT63 costs just $2,204 annually. A BMW M760i costs $3.424. This is the most frequently asked question by car insurance customers. California drivers with excellent credit pay the lowest average monthly premium. Using the safety-first mantra of the auto insurance industry will not only save you money, but will also save lives. You can also get discounts by being a safe driver with no accidents on your record.
California’s average car insurance cost may not reflect where you live. People with bad credit will pay slightly higher than those with good credit. Those with average credit will be charged the lowest average monthly premium. Your driving record is the most important thing in determining your car insurance premium. California car insurance is more affordable if you have a safe driving record.
California’s car insurance premiums can vary depending on the vehicle you drive. For example, drivers with a sedan may pay $180 per year or a compact SUV will pay $220 a month. For $720 per annum, drivers who drive a hybrid or a utility vehicle will pay. For a full coverage policy, a premium of $172 may be more appropriate for the driver who drives a truck or a SUV.
Your automobile insurance premium will also depend on the make and model your car is. Different makes and types have different accident rates, safety measures, and the cost for parts and labor. The year of your vehicle, in addition to its make and model can impact your car insurance rates. Your auto insurance premium can also be affected by your vehicle’s make and model. California considers luxury vehicles to be a luxury and can raise the cost of your car insurance.