Figuring out which companies offer the best car insurance rates for electric cars requires a bit more work in order to find the lowest price. Every auto insurer has a different formula for filing rates in each state, so we’ll go over the car insurance companies with the overall cheapest rates in Los Angeles.
It’s a good idea to be aware that Los Angeles car insurance rates are determined by lots of factors which can substantially decrease or increase the price you have to pay for coverage. Improving your credit score, moving to a different location, or getting caught speeding can trigger price changes that may make certain companies cheaper than before.
Cheap Insurance Rates for EV’s
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,143 |
| 2 | Wawanesa | $1,146 |
| 3 | CSAA | $1,186 |
| 4 | Century National | $1,190 |
| 5 | Nationwide | $1,226 |
| 6 | 21st Century | $1,338 |
| 7 | Grange | $1,477 |
| 8 | Progressive | $1,496 |
| 9 | Mercury | $1,533 |
| 10 | Allied | $1,541 |
| 11 | Allstate | $1,543 |
| 12 | GEICO | $1,559 |
| 13 | The Hartford | $1,575 |
| 14 | MetLife | $1,590 |
| 15 | Unitrin | $1,682 |
| 16 | State Farm | $1,699 |
| 17 | Esurance | $1,705 |
| 18 | Bristol West | $1,777 |
| 19 | Travelers | $1,842 |
| 20 | Farmers | $1,946 |
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USAA may offer some of the best car insurance rates in Los Angeles at around $1,143 a year. Wawanesa, CSAA, Century National, and Nationwide also are some of the lowest-priced Los Angeles, CA car insurance companies.
As shown in the table above, if you are a customer of CSAA and switched to USAA, you may realize annual savings of about $43. Drivers with Century National may save as much as $47 a year, and Nationwide policyholders might lower prices by up to $83 a year.
These premiums are averaged across all drivers and vehicles in California and and are not calculated with a specific zip code for electric cars. So the auto insurance company that can offer you the best price may not even be in the top 24 companies shown above. That affirms the importance of why you need to compare prices as often as possible using your own personal information and vehicle type.
For eco-friendly vehicles, one of the largest criteria that determine the price you pay for insurance is where you keep your car. Areas with increased crime or more people are more likely to pay higher prices, whereas areas with less crime or weather claims have the enjoyment of a little cheaper coverage.
The information below shows the most expensive areas in California for electric cars in which to buy car insurance. Los Angeles comes in at #1 with the yearly price of $2,083 for coverage, which is around $174 each month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Los Angeles | $2,083 |
| 2 | Glendale | $2,079 |
| 3 | San Francisco | $1,763 |
| 4 | Oakland | $1,755 |
| 5 | Sacramento | $1,720 |
| 6 | San Bernardino | $1,628 |
| 7 | Long Beach | $1,626 |
| 8 | Stockton | $1,588 |
| 9 | Garden Grove | $1,554 |
| 10 | Santa Clarita | $1,548 |
| 11 | Fontana | $1,535 |
| 12 | Moreno Valley | $1,506 |
| 13 | Modesto | $1,502 |
| 14 | Riverside | $1,497 |
| 15 | Fresno | $1,472 |
| 16 | Santa Ana | $1,453 |
| 17 | Anaheim | $1,444 |
| 18 | Huntington Beach | $1,416 |
| 19 | San Jose | $1,395 |
| 20 | Fremont | $1,389 |
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Rate information is estimated as specific Los Angeles zip code can impact rates significantly.
The make and model of vehicle you are trying to insure is probably the most important factor when comparing quotes for low-priced insurance for electric cars. Vehicles with lots of speed or power, poor safety features, or a high likelihood of having liability claims will cost much more to insure than more economical and safe models. The table below outlines car insurance prices for a handful of the cheaper automobiles to insure.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Hyundai Elantra SE Touring Station Wagon | $2,040 |
| Honda Accord LX-P 4-Dr Sedan | $2,052 |
| Honda CR-V EX-L 2WD | $2,102 |
| Ford Escape XLS 4WD | $2,117 |
| Honda Odyssey EX | $2,176 |
| Ford Fusion S 4-Dr Sedan | $2,219 |
| Toyota RAV4 Limited 2WD | $2,225 |
| Jeep Wrangler Unlimited Sport 2WD 4-Dr | $2,243 |
| Toyota Prius | $2,280 |
| Honda Civic VP 4-Dr Sedan | $2,293 |
| Dodge Grand Caravan SE | $2,296 |
| Ford Explorer XLT 2WD | $2,302 |
| Toyota Camry SE | $2,336 |
| Toyota Corolla S | $2,342 |
| Chevrolet Silverado 2500HD LT Crew Cab 4WD | $2,376 |
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Prices above based on single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Rates do not factor in specific location information which can impact coverage rates noticeably.
Based upon the rates shown, vehicles like the Hyundai Elantra, Honda Accord, and Honda CR-V are most likely going to be a few of the cheaper vehicles to insure for eco-friendly vehicles.
California car insurance companies ranked
Buying coverage from a high-quality auto insurance provider can be rather challenging considering how many different companies there are to choose from in Los Angeles. The company rank data displayed below could help you analyze which insurers to look at when buying insurance for electric cars.
These ratings only include the largest companies in America, so smaller companies that only insure vehicles in California are not included in these rankings. To compare prices from these and other competitive companies, click this link.
Top 10 Major Auto Insurance Providers Overall in Los Angeles
- USAA
- American Family
- AAA of Southern California
- State Farm
- The Hartford
- AAA Insurance
- GEICO
- The General
- Titan Insurance
- Progressive
Top 10 Major Auto Insurance Providers in Los Angeles Ranked by Customer Service
- AAA of Southern California
- GEICO
- State Farm
- The Hartford
- Mercury Insurance
- The General
- Progressive
- Allstate
- AAA Insurance
- American Family
Discount Los Angeles car insurance rates
Auto insurance companies that sell policies for electric cars could also offer rate discounts that can lower rates by as much as 35% if you qualify. Larger car insurance companies and the discounts they provide are outlined below.
- State Farm policyholders can earn discounts including defensive driving training, Steer Clear safe driver discount, good driver, safe vehicle, good student, and anti-theft.
- Progressive includes discounts for continuous coverage, multi-policy, homeowner, online signing, and good student.
- Travelers offers discounts including driver training, IntelliDrive, student away at school, new car, home ownership, early quote, and continuous insurance.
- American Family offers discounts for bundled insurance, accident-free, good driver, defensive driver, and good student.
- Liberty Mutual has savings for new move discount, newly retired, teen driver discount, new graduate, good student, and safety features.
The example below visualizes the comparison of auto insurance rates with and without discounts applied to the rates. The rates are based on a female driver, no accidents, no driving violations, California state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows the average annual price with no discounts. The second shows the rates with claim-free, safe-driver, accident-free, multiple vehicle, homeowner, and passive restraint discounts applied. When taking advantage of discounts, the average amount saved each year on car insurance for electric cars is 28% or $661.
How violations and accidents impact rates
A great way to get low car insurance prices in California for eco-friendly vehicles is to be a safe driver and avoid tickets and accidents. The illustration below illustrates how speeding tickets and at-fault accidents increase insurance costs for different age categories. The premiums assume a single female driver, full physical damage coverage, $250 deductibles, and no discounts are applied.
In the example above, the average cost of an auto insurance policy in Los Angeles per year with a clean driving record and no accidents is $2,935. Add in two speeding tickets and the average cost surges to $3,944, an increase of $1,009 each year. Now throw in one accident along with the two speeding tickets and the yearly cost of car insurance for electric cars goes up to an average of $4,975. That’s an increase of $2,040, or $170 per month, just for not being more responsible behind the wheel!
If you have coverage questions and would like to have a professional recommendation when buying car insurance for electric cars, the agents below can probably help you make a decision which coverage fits your budget. To find a Los Angeles insurance agency in your neighborhood, click the link after the list or click here to compare price quotes now.
- Sean M Brown – State Farm Insurance Agent
3130 S Sepulveda Blvd f – Los Angeles, CA 90034 – (310) 479-0080 - Charles Garrett Jr – State Farm Insurance Agent
4929 Wilshire Blvd #745 – Los Angeles, CA 90010 – (323) 692-0090 - Ted Hope – State Farm Insurance Agent
2049 W Manchester Ave – Los Angeles, CA 90047 – (323) 752-4885
View map of Los Angeles, CA insurance agents
How to find more affordable insurance for electric cars
Below you’ll find a few penny-pinching ideas that can help drivers locate cheap coverage.
- Buy your homeowners policy from the same company as your auto insurance
- Higher deductibles save money
- Don’t have frequent claims
- Drop full coverage on older vehicles
- Higher credit scores may earn you cheaper rates
- The safer your car, the less it costs to insure
- Comparison shop at least every other year
The last tip is extremely vital, as was affirmed in this write-up. Auto insurance rates change frequently, so drivers shouldn’t be resistant to switch companies if a more affordable rate is found.
Sticking with a specific company is fine, but we do not recommend it if it’s costing you a lot of money every month. In just a few minutes you could shop around and find cheaper auto insurance for electric cars in Los Angeles.