You have probably watched the commercials from auto insurance companies like Farmers, Allstate, and The General that make claims of the cheapest price. So you just need to pick the company with the cutest commercial, right?
It's not that easy, however, as there are a whole slew of unknowns such as whether or not you are currently insured, where you live, if you want full coverage included, and the level of liability coverage you want, that all impact the price you pay. The information below covers the things that cause high insurance rates and educate you enough to have a good start in finding the cheapest car insurance in California.
The vehicle model that is being insured is probably the most important factor when consumers are trying to find cheaper car insurance for teenage males. Vehicles with higher performance characteristics, a lack of advanced safety features, or a history of substantial liability claims will cost significantly more to insure than safer models. The information below illustrates auto insurance costs for a number of the cheapest automobiles to insure in California.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Honda CR-V EX-L 4WD||$8,956|
|Ford Escape XLT 4WD||$8,966|
|Honda Odyssey LX||$9,848|
|Jeep Wrangler Rubicon 4WD 2-Dr||$9,941|
|Ford F-150 STX Super Cab 4WD||$10,035|
|Ford Focus SE 4-Dr Sedan||$10,426|
|Ford Edge SEL 2WD||$10,435|
|Chevrolet Impala LS||$10,426|
|Toyota Tacoma 2WD||$10,435|
|Chevrolet Silverado LS Extended Cab 4WD||$10,519|
|Chevrolet Equinox LS 2WD||$10,526|
|Chevrolet Malibu LS||$10,519|
|Toyota RAV4 Limited 2WD||$10,524|
|Dodge Grand Caravan Crew||$10,613|
|Ford Explorer Limited AWD||$10,620|
|Hyundai Elantra SE 4-Dr Sedan||$11,097|
|Toyota Camry XLE||$11,102|
|Jeep Grand Cherokee Limited 4WD||$11,191|
|Toyota Corolla XRS||$11,196|
|GMC Sierra SL Crew Cab 2WD||$11,191|
|Volkswagen Jetta SE 4-Dr Sedan||$11,196|
|GMC Sierra 3500HD SLE Regular Cab 2WD||$11,284|
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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 safe-driver, and claim-free. Premium costs do not factor in vehicle garaging location which can influence coverage prices substantially.
Based upon the rates shown, you can see that vehicles like the Honda CR-V, Ford Escape, and Toyota Prius will definitely be some of the cheaper vehicles to insure for teen boys. The cost of a car insurance policy will tend to be more expensive just because there is more exposure for teenage males, but in general those specific models will most likely have the cheapest auto insurance rates compared to other types of vehicles.
For teen boys, one of the big components that are looked at to help calculate the amount you pay for auto insurance is where your car is garaged in Los Angeles. Larger areas tend to have higher auto insurance costs, whereas areas with less crime or weather claims tend to receive cheaper rates.
The information below ranks the highest-priced places in California for teenage males in which to buy car insurance. Los Angeles makes the list at #1 having an annual price of $2,146 for car insurance, which is around $179 each month.
|Rank||City||Premium Per Year|
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Prices are comparative as the specific area where the vehicle is garaged can decrease or increase coverage rates substantially.
Get discount Los Angeles auto insurance
Insurance providers that sell policies for teenage males may provide special discounts that can reduce rates by as much as 25% or more if you are eligible. A list of insurance companies and the discounts they provide are:
- State Farm offers premium reductions for student away at school, Steer Clear safe driver discount, good driver, driver's education, anti-theft, Drive Safe & Save, and safe vehicle.
- GEICO policyholders can earn discounts including seat belt use, federal employee, multi-policy, anti-lock brakes, defensive driver, multi-vehicle, and air bags.
- Liberty Mutual offers discounts for teen driver discount, new graduate, hybrid vehicle, preferred payment discount, and exclusive group savings.
- The Hartford has discounts for good student, vehicle fuel type, air bag, anti-theft, bundle, driver training, and defensive driver.
- MetLife may include discounts for good driver, good student, accident-free, claim-free, and multi-policy.
- Progressive offers discounts including continuous coverage, multi-policy, online signing, multi-vehicle, and homeowner.
The chart below compares insurance costs with and without discounts applied. The prices are based on a male driver, no claims or violations, California state minimum liability limits, full physical damage coverage, and $250 deductibles.
The first bar for each age group shows the average rate with no discounts. The second shows the rates with vehicle safety, continuous coverage, paperless filing, paid-in-full, anti-theft, and good student discounts applied. In this example, theaverage amount saved on insurance for teenage males is 28% or $820.
Full coverage versus liability-only in Los Angeles
Paying less for insurance is important to most vehicle owners, and one of the fastest ways to find cheap insurance for teenage males is to not buy comprehensive and collision coverage. The diagram below illustrates the difference between insurance premiums with full coverage compared to only the California minimum liability coverage. The premiums are based on a clean driving record, no claims, $1,000 deductibles, single marital status, and no discounts are applied to the premium.
If averaged for all ages, full coverage costs $1,849 per year more than just buying liability only. That is a significant amount which raises the question if it's worth it to buy full coverage. There isn't a written rule that works best for making the decision to drop full coverage on your policy, but there is a general convention. If the yearly cost of full coverage is 10% or more of replacement cost minus your deductible, then it could be time to drop full coverage.
For example, let's pretend your vehicle's book value is $4,500 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $3,500 after the deductible is paid. If it's costing in excess of $350 annually to have full coverage, then you might want to consider buying only liability coverage.
There are some conditions where only buying liability is not a good plan. If you still owe a portion of the original loan, you have to carry full coverage as part of the loan requirements. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should not drop full coverage.
How to find the cheapest insurance for teenage males
The list below details some of the recommended money-saving solutions that can help California drivers get more affordable coverage.
- Buy a safer vehicle
- Improve your credit score
- You will pay more if you get tickets or have at-fault accidents
- Accident-free drivers may qualify for discounts
- On older vehicles, drop full coverage
- Raise deductibles
- Compare prices frequently to find the best deal
The last idea is highly critical, as was stressed in this article. Auto insurance prices go up and down frequently, so you should be ready to switch carriers if a better deal can be had. Brand loyalty is not necessarily bad, but it's not a great idea if that devotion results in you overpaying money that could be spent on other things. Now is a great time to compare prices to find cheaper auto insurance for teenage males in Los Angeles.
If you aren't clear which coverage you need and would like to have a little guidance when shopping around for cheaper insurance for teen boys, the agents below are a good start to provide answers to your questions and help you determine which car insurance policy is best.
To locate a Los Angeles car insurance agency closest to you, click the button at the bottom.
- Helen Lee - State Farm Insurance Agent
2535 W Olympic Blvd - Los Angeles, CA 90006 - (213) 738-0700
- JSB Insurance Services, Inc.
1801 S La Cienega Blvd Ste 201 - Los Angeles, CA 90035 - (310) 402-0020
- Kaz Achiwa - State Farm Insurance Agent
340 E Azusa St, Ste B - Los Angeles, CA 90012 - (213) 253-1210