If you are looking to get the best and cheapest car Insurance quotes in California then this article is going to be very informative for you. If you own Car in California, Auto insurance is an important purchase. There are three main reasons to buy an auto insurance:
To comply with state laws
In California, auto insurance is required. If you drive without insurance, you could face fines and other penalties, and your vehicle could be impounded.
To satisfy your lender
If you have a car loan, most lenders require you to have insurance to protect their interest in your car. If you let your insurance lapse, your lender will likely have your car insured.
To protect your assets
for accidents that happen to others for which you are responsible. Liability, Auto insurance can provide bodily injury and property damage liability coverage.
Your personal auto insurance policy may also cover the costs associated with repairing your vehicle after an accident. In addition, your auto insurance company may help pay for any medical expenses related to your injuries. Finally, your auto insurance policy may also pay for any lost wages you incur due to the accident
Requirements for Car insurance in California by states law
California has a high number of uninsured motorists. To deal with this, the Mandatory Liability Insurance Act (MLI) is required in California.
No person shall register, operate, or maintain the registration of a motor vehicle designed to be used on a public road or highway unless it is covered by a liability insurance policy. Penalties include fines, driver’s license suspension, and vehicle registration suspension.
Motorists who have lapsed insurance more than once, undergo a mandatory registration suspension of 4 months before their vehicle registration can be reinstated. Law enforcement officials began using the State of California Online Insurance Verification System from the year 2013. This allows users to verify the insurance status of a vehicle instantly
Minimum auto insurance requirements in California:
Bodily injury liability: $15,000 per person and
Bodily injury liability: $30,000 per accident
Property damage liability: $5,000 per person
What is the average premium expenditure in California?
In the year 2022 NAIC released data for State Average Expenditures and Average Premiums for Personal Automobile Insurance for the period 2016 to 2019:
Liability Average Premium in California
Average Premium for Liability auto insurance in California for the period 2016 to 2019
| Year | Liability Average Premium |
| 2016 | $521 |
| 2017 | $567 |
| 2018 | $617 |
| 2019 | $628 |
Collision Average Premium in California
Average Premium for Collision auto insurance in California for the period 2016 to 2019
| Year | Collision Average Premium |
| 2016 | $424 |
| 2017 | $454 |
| 2018 | $484 |
| 2019 | $495 |
Comprehensive Average Premium in California
Average Premium for Comprehensive auto insurance in California for the period 2016 to 2019
| Year | Comprehensive Average Premium |
| 2016 | $100 |
| 2017 | $96 |
| 2018 | $95 |
| 2019 | $97 |
Combined Average Premium in California
The combined average premium is calculated by summing the average premiums for the three
coverages liability, comprehensive, and collision.
Average Premium for Combined auto insurance in California for the period 2016 to 2019:
| Year | Combined Average Premium |
| 2016 | $1,045 |
| 2017 | $1,117 |
| 2018 | $1,195 |
| 2019 | $1,220 |
Average Premium Expenditure in California
The average expenditure is an estimate of what consumers in the state spent on average for auto insurance. The average expenditure for auto insurance in California for the period 2016 to 2019:
| Year | Average Expenditure |
| 2016 | $899 |
| 2017 | $965 |
| 2018 | $1,034 |
| 2019 | $1,051 |
Top 5 cheapest car insurance providers in California
U.S. News is an online news publication that provides information about current events, politics, health, science, education, and more. Here are the Top 5 cheapest car insurance providers in California by Average Annual rate suggested by US News Data for 2022
| COMPANY | AVERAGE ANNUAL RATE |
| Progressive | $1,296 |
| Geico | $1,347 |
| USAA | $1,143 |
| Mercury Insurance | $1,470 |
| Allstate | $1,716 |
Best car insurance providers in California
J.D. Power is an international company that provides research and consulting services to help companies improve their performance. Their goal is to provide consumers with information about how well companies perform
JD Power 2021 U.S. Auto Insurance Study reveals customer satisfaction in five factors: billing process and policy information; claims; interaction; policy offerings; and price. The study is based on responses from auto insurance customers. Here is a list of the best car insurance providers in California
| Position | Auto Insurance Company |
| 1 | Wawanesa |
| 2 | CONNECT by American Family |
| 3 | Auto Club of Southern California Insurance Group |
| 4 | GEICO |
| 5 | Progressive |
Car Insurance Quotes in California
Car insurance quotes are a way of comparing different companies and their rates. This can help you save money if shop around. There are many factors that go into car insurance quotes. Some of these include your driving history, where you live, how old you are, what kind of vehicle you drive, etc.
