The words “affordable” and “insurance” probably shouldn’t be used together, in particular when you are shopping around for the best car insurance for veterans. Because it’s not cheap, let’s get started by showing you some things that can significantly affect auto insurance prices, and figure out some ways to reduce the cost of the next policy you buy.
Comparing rates for reasonably-priced car insurance is not most people’s favorite thing to do, and figuring out which companies offer the cheapest car insurance rates for veterans takes a little more work. Every insurance provider has a unique formula for setting rates, so let’s begin by examining the car insurance companies with the most affordable rates in Irvine, CA.
Keep in mind that Irvine car insurance rates are calculated based on many things which can substantially change the price you pay for coverage. Events such as a birthday, filing a claim, or having an accident may cause policy rate changes that may make certain companies cheaper in comparison to the competition.
Find the Cheapest Auto Insurance for Vets
|Rank||Company||Cost Per Year|
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USAA normally has some of the lowest car insurance rates in Irvine at around $1,155 a year. This is $496 less than the average price paid by California drivers of $1,651. Century National, CSAA, Wawanesa, and Nationwide would also make the list of some of the more affordable Irvine, CA insurance companies.
In this example, if you currently have a policy with Nationwide and switched to Century National, you might realize an annual savings of roughly $85. Customers with 21st Century might save as much as $160 a year, and Grange policyholders might reduce prices by as much as $269 a year.
Bear in mind that those policy rates are averaged across all types of drivers and the different vehicles they drive and do not factor in a specific vehicle garaging location for veterans. So the car insurance company that can offer you the best price may not even be in the top 24 companies in the list above. That points out the importance of why you need to compare rates from multiple companies using your own driver and vehicle profiles.
For veterans, one of the big factors that aid in calculating auto insurance rates is your zip code. Areas with more people or more claims tend to pay slightly more, whereas areas with lower vehicle theft rates and fewer weather claims benefit from lower rates.
The next table lists the most expensive areas in California for veterans to purchase auto insurance in. Irvine shows up at #19 with a yearly cost of $1,384 for the average insured, which is approximately $115 per month.
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Information shown are estimated as specific location information can impact premium rates substantially.
The make and model of vehicle requiring coverage is probably the biggest factor when looking for cheaper auto insurance for veterans. Vehicles with lots of speed or power, a lack of advanced safety features, or a track record of large liability claims will cost significantly more to insure than more economical and safe models.
The table below ranks coverage costs for a number of the most economical automobiles to buy insurance for.
|Make and Model||Estimated Cost for Full Coverage|
|Ford Escape Limited 4WD||$870|
|Honda Accord LX 4-Dr Sedan||$878|
|Honda CR-V EX 4WD||$930|
|Chevrolet Impala LS||$939|
|Chevrolet Equinox LT 2WD||$949|
|Hyundai Elantra SE Touring Station Wagon||$955|
|Ford Explorer Eddie Bauer 4WD||$967|
|Honda Civic EX 4-Dr Sedan||$983|
|Jeep Wrangler Sport Islander Package 4WD 2-Dr||$997|
|Honda Odyssey EX-L W/Rear Entertainment||$1,001|
|Ford Edge Limited 2WD||$1,019|
|Ford F-150 Lariat King Ranch 2WD||$1,024|
|GMC Sierra 3500HD SLE Regular Cab 2WD||$1,037|
|Volkswagen Jetta 2.0T Station Wagon||$1,054|
|Dodge Grand Caravan SXT||$1,060|
|Toyota Tacoma Double Cab 4WD||$1,070|
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Table data represents 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, multi-vehicle, multi-policy, safe-driver, and homeowner. Rates do not factor in your specific Irvine, CA location which can raise or lower rates considerably.
By looking at the data, models like the Ford Escape, Honda Accord, and Honda CR-V are likely to be some of the more affordable vehicles to insure for veterans.
The diagram below illustrates how your deductible choice can influence premium costs when getting quotes for cheap insurance for veterans. The prices are based on a married female driver, comp and collision included, and no discounts are taken into consideration.
The data above shows that a 40-year-old driver could lower their policy premium by $420 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $634 by using a $1,000 deductible. Youthful drivers, like the 20-year-old, can cut $1,042 or even more by choosing larger deductibles on their policy. When insureds make the decision to increase the deductibles on their policy, it is important to have additional funds in a savings account to enable you to pay the extra out-of-pocket expense, which is the main drawback of higher deductibles.
Finding a highly-rated insurance company can be difficult considering how many companies provide coverage in California. The ranking information displayed below may help you choose which car insurance providers to look at purchasing a policy from.
These rankings only include large, nationwide insurance companies, so smaller companies that only insure vehicles in California will not be included in these rankings. To check rates from these top-rated insurers and more, follow this link.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
|AAA of Southern California||91||94||97||92%||A+||94.1|
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Data Source: Insure.com Best Car Insurance Companies
Comparing rates can save you money
Irvine, CA car insurance rates are influenced by many factors that will increase or decrease the price of your policy. Simply turning a year older, having a teenage driver, or getting a few speeding tickets can trigger changes in premium that can make some companies more affordable than competitors. In addition to those changes, auto insurance companies amend pricing every year or even multiple times each year to adjust for gains or losses. Higher than normal claims can cause higher priced premiums, while profitable underwriting can produce cheaper Irvine car insurance rates.
The bar chart below shows a variety of companies that have the cheapest car insurance in Irvine, CA for a 40-year-old female driver with no accidents or violations, and good credit. When comparing rates based on her current situation, USAA may have the best car insurance rates in Irvine at $1,131 a year. This is $520 less than the average price paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide are the rest of the top five cheapest Irvine, CA auto insurance companies.
The next chart shows rates after we give the driver from the first set of rates a claim surcharge, a lower credit rating, and a blemish on her driving record. Because each company has their own formula for determining rates, analyzing rate quotes may now present a substantially altered list of affordable companies as shown below.
Mercury now has the lowest price on auto insurance in Irvine with Grange, Progressive, Allstate, and The Hartford completing the list. This shows why consumers need to do a thorough rate comparison to get affordable insurance quotes for veterans.
Rates are influenced by many factors and can change without notice, so the lowest-price company the last time you checked may now be one of the higher cost companies.
If you like to have a consultation when buying car insurance for veterans, the agencies below are a good start to aid you in deciding which coverage fits your budget. To find an Irvine insurance agency nearest to you, click the button following the list or click here to get price quotes now.
- Allstate Insurance: Kay Yang
4255 Campus Dr A270 – Irvine, CA 92612 – (949) 509-2888
- First American Property and Casualty Insurance Agency, Inc.
24 Executive Park Suite 250 – Irvine, CA 92614 – (888) 546-5118
- Willis Insurance Services of CA Inc
18101 Von Karman Ave # 600 – Irvine, CA 92612 – (949) 885-1200
- Peter Green Insurance Agency LLC
3151 Airway Ave Suite F203 – Costa Mesa, CA 92626 – (714) 258-2800