Who Has the Cheapest Auto Insurance for Veterans in Los Angeles?

You have most likely watched the commercials from auto insurance companies like GEICO, Progressive, and The General claiming big savings, so drivers just need to pick the one with the catchiest commercial, right?

Unfortunately, it’s not that simple as there are a whole slew of unknowns such as the level of liability coverage you want, how far you drive each year, your driving record, and where you live, that help determine the price you have to pay. The information below covers the best ways to find cheap car insurance and hopefully give you enough understanding to have a good beginning to your search for cheaper coverage.

The vehicle on the policy is probably the largest consideration in finding the best coverage for veterans. Vehicles with more horsepower, poor safety ratings, or a high likelihood of having liability claims will cost more to insure than safer, lower-performance models.

The data below shows insurance prices for some of the most economical vehicles to insure in California.

Cheapest Vehicles to Insure in Los Angeles, CA
Vehicle Insured Estimated Cost for Full Coverage
Ford F-150 XL Regular Cab 2WD $2,117
Ford Escape XLT 2WD $2,314
Honda Accord LX 4-Dr Sedan $2,319
Honda CR-V EX-L 4WD $2,375
Ford Edge SEL AWD $2,378
GMC Sierra SLE Regular Cab 2WD $2,427
Toyota Tacoma Double Cab 4WD $2,437
Toyota RAV4 Limited 4WD $2,427
Chevrolet Malibu Hybrid $2,433
Hyundai Elantra Blue 4-Dr Sedan $2,511
Toyota Corolla S $2,559
Chevrolet Impala LTZ $2,564
Toyota Prius $2,565
Chevrolet Silverado LT Regular Cab 2WD $2,598
Honda Odyssey Touring $2,604
Ford Fusion SEL 4-Dr Sedan $2,609
Volkswagen Jetta SE 4-Dr Sedan $2,604
Ford Focus S 4-Dr Sedan $2,614
Dodge Grand Caravan CV $2,607
Chevrolet Equinox LT AWD $2,656
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Price data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Rate quotes do not factor in vehicle garaging location which can decrease or increase premiums noticeably.

Based upon the rates shown, you can presume that makes and models like the Ford F-150, Ford Escape, and Honda Accord are likely to be some of the most economical vehicles to insure for veterans.

Establishing which companies have the lowest-priced insurance rates for veterans will take a little more sweat than just comparing a company or two.

Each company has their own formula for setting rates, so let’s examine the most competitive insurance companies in Los Angeles, CA. It’s important to know that Los Angeles insurance rates are determined by lots of factors which can significantly increase or decrease the price of coverage. Simply having another birthday, moving across town, or getting a ticket for careless driving can produce rate changes that can now make some companies cheaper than others.

Cheap Insurance Rates for Vets

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What’s the cheapest car insurance in California?
Rank Company Cost Per Year
1 USAA $1,143
2 Century National $1,178
3 Wawanesa $1,192
4 CSAA $1,198
5 Nationwide $1,213
6 21st Century $1,379
7 Grange $1,477
8 Mercury $1,488
9 Progressive $1,496
10 Allstate $1,513
11 GEICO $1,575
12 Allied $1,588
13 The Hartford $1,623
14 MetLife $1,654
15 State Farm $1,733
16 Unitrin $1,733
17 Esurance $1,739
18 Bristol West $1,795
19 Travelers $1,842
20 Farmers $1,946
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USAA normally has some of the lowest car insurance rates in Los Angeles at around $1,143 each year. Century National, Wawanesa, CSAA, and Nationwide would also make the list of some of the most economical Los Angeles, CA insurance companies.

In the rate table above, if you buy coverage from Wawanesa and switched to USAA, you might see an annual savings of around $49. Customers with CSAA could save as much as $55 a year, and Nationwide customers might see rate reductions of $70 a year.

Be aware that those prices are averaged for all insureds and vehicles and are not factoring in an exact vehicle garaging location for veterans. So the car insurance company that fits your needs best may not even be in the top 24 companies shown above. That emphasizes why you need to quote rates from many companies using your own specific driver and vehicle information.

For veterans, one of the big things that are used to help calculate the amount you pay for auto insurance is where you call home. Areas with more people or more claims are more likely to pay higher prices, whereas less populated areas benefit from lower prices.

The next table sorts the highest-priced places in California for veterans to buy car insurance in. Los Angeles is ranked #1 with a yearly premium of $2,083 for the average policy, which is around $174 each month.

How much does car insurance cost in Los Angeles, CA?
Rank City Average Per Year
1 Los Angeles $2,083
2 Glendale $2,079
3 San Francisco $1,711
4 Oakland $1,687
5 Sacramento $1,669
6 San Bernardino $1,580
7 Santa Clarita $1,580
8 Long Beach $1,578
9 Stockton $1,556
10 Garden Grove $1,554
11 Riverside $1,542
12 Moreno Valley $1,536
13 Fontana $1,519
14 Modesto $1,502
15 Santa Ana $1,497
16 Fresno $1,457
17 Anaheim $1,444
18 Huntington Beach $1,416
19 Fremont $1,403
20 Bakersfield $1,394
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Table data uses comparative as the specific area where the vehicle is garaged can affect prices greatly.

California insurance company ratings

Insuring your vehicle with the best car insurance provider can be challenging considering how many different companies there are to choose from in California. The company information displayed below could help you decide which companies you want to consider comparing prices from.

These ratings are only made up of the largest auto insurers in America, so companies with more of a regional focus are not factored into the list. To check prices and find the cheapest rates for veterans, just click here.

Top Insurance Companies for Veterans in California
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 98 100 100 94% A++ 98.6
American Family 98 89 100 86% A 95.4
AAA of Southern California 91 94 97 92% A+ 94.1
State Farm 88 93 96 90% A++ 92.4
The Hartford 94 92 90 89% A+ 91.7
AAA Insurance 88 89 95 91% A 91.2
GEICO 84 93 93 89% A++ 90.3
The General 89 91 89 88% A- 90
Titan Insurance 90 87 91 95% A+ 89.6
Progressive 84 91 93 87% A+ 89.5
Mercury Insurance 88 91 90 85% A+ 89.4
Allstate 85 90 92 88% A+ 89.3
Nationwide 87 88 84 90% A+ 88.7
Liberty Mutual 84 87 93 88% A 88.5
21st Century 85 86 87 88% A 86.7
Esurance 85 80 95 87% A+ 85.9
Safeco 85 85 85 86% A 85.8
Travelers 80 87 87 83% A++ 85.2
Farmers Insurance 78 87 88 79% A 84.3
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Data Source: Insure.com Best Car Insurance Companies

Types of discounts on Los Angeles car insurance

Save on insurance for veterans in Los AngelesCar insurance companies that offer coverage for veterans may provide rate discounts that could lower prices by as much as 40% or more if you are eligible to receive them. A few popular companies and some of their more popular discounts are shown below.

The chart below illustrates the comparison of insurance costs with and without discounts applied to the policy rates. The premium estimates are based on a female driver, no claims or driving violations, California state minimum liability limits, full physical damage coverage, and $100 deductibles.

The first bar for each age group shows premium with no discounts. The second shows the rates with passive restraint, multiple vehicle, marriage, defensive driving course, anti-theft, and safe-driver discounts applied. When discounts are applied, the average amount saved each year on insurance for veterans is 28% or $735.

The chart below demonstrates how deductible levels can increase or decrease premium costs when getting quotes for cheap insurance for veterans. The premiums assume a single female driver, comp and collision included, and no discounts are applied to the premium.

The chart above illustrates that a 50-year-old driver could lower their car insurance rates by $476 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $712 by using a $1,000 deductible. Even younger drivers, like the Age 20 category, have the ability to save up to $1,216 or even more just by choosing higher deductibles. If you do make the decision to raise your deductibles, it is essential to have enough funds in savings to enable you to pay the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.