The car, truck, or SUV driven is probably the biggest factor when shopping around for low-priced car insurance for drivers over age 50. Vehicles with limited top-end speed, modern passenger safety features, or a track record of few liability claims will cost less to insure than fast, unsafe models.
The information below outlines insurance rates for a handful of the more affordable vehicles to insure in California.
| Vehicle Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX-L 2WD | $909 |
| Ford Escape Limited 4WD | $964 |
| Ford Edge SE 2WD | $971 |
| Toyota Prius | $984 |
| Ford F-150 STX Regular Cab 4WD | $994 |
| Ford Explorer XLT 2WD | $1,001 |
| Toyota RAV4 Limited 4WD | $1,049 |
| Chevrolet Malibu LS | $1,054 |
| Chevrolet Impala LT | $1,049 |
| Chevrolet Equinox LT AWD | $1,055 |
| Toyota Tacoma Double Cab TRD Off-Road Package 4WD | $1,070 |
| Dodge Grand Caravan Crew | $1,080 |
| Dodge Ram 3500 Crew Cab Laramie 2WD | $1,070 |
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Data rating is based on married 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-policy, homeowner, safe-driver, and multi-vehicle. Estimates do not factor in vehicle location which can modify coverage prices substantially.
By looking at the data, we can presume that models like the Honda CR-V, Ford Escape, Ford Edge, and Toyota Prius are going to be a few of the most economical vehicles to insure for older drivers.
One of the more important criteria that are looked at to help calculate car insurance rates is where you keep your car. More densely populated places tend to have more expensive car insurance rates, whereas more rural areas benefit from lower prices.
The table below sorts the most costly cities in California for drivers over age 50 to purchase auto insurance in. Stockton comes in at #9 with a yearly premium of $1,556 for coverage, which is about $130 each month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Los Angeles | $2,104 |
| 2 | Glendale | $2,079 |
| 3 | San Francisco | $1,763 |
| 4 | Oakland | $1,738 |
| 5 | Sacramento | $1,669 |
| 6 | San Bernardino | $1,644 |
| 7 | Fontana | $1,581 |
| 8 | Long Beach | $1,562 |
| 9 | Stockton | $1,556 |
| 10 | Santa Clarita | $1,548 |
| 11 | Garden Grove | $1,508 |
| 12 | Fresno | $1,502 |
| 13 | Riverside | $1,497 |
| 14 | Moreno Valley | $1,491 |
| 15 | Modesto | $1,487 |
| 16 | Anaheim | $1,474 |
| 17 | Santa Ana | $1,439 |
| 18 | Huntington Beach | $1,416 |
| 19 | Fremont | $1,403 |
| 20 | Bakersfield | $1,381 |
| 21 | San Jose | $1,381 |
| 22 | Oxnard | $1,344 |
| 23 | Chula Vista | $1,337 |
| 24 | Irvine | $1,330 |
| 25 | San Diego | $1,327 |
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Prices are comparative as the specific garaging location can alter rates greatly.
Shopping around for low-cost car insurance is not always easy, and determining which company offers the most affordable car insurance rates for drivers over age 50 involves a little more work. Every car insurance company has a proprietary method for filing rates in each state, so let’s take a look at the car insurance companies with the overall best prices in California.
It’s important that you understand Stockton car insurance rates are impacted by many factors that control the price you have to pay for coverage. Simply having a birthday, moving to a new city, or having an at-fault accident may prompt premium changes that may make certain companies way too expensive in comparison to the competition.
Find the Cheapest Car Insurance for Age 50+
USAA normally has some of the best car insurance rates in Stockton at around $1,121 each year. This is $530 less than the average price paid by California drivers of $1,651. Wawanesa, CSAA, Century National, and Nationwide are also some of the lowest-priced Stockton, CA car insurance companies.
As depicted above, if you currently have coverage with Century National and switched to USAA, you may realize a yearly price reduction of upwards of $69. Policyholders with Nationwide might save as much as $142 a year, and 21st Century policyholders might see rate reductions of $204 a year.
To get a fast rate comparison, click here to begin a quote or feel free to get quotes from the companies below.
It’s important to note that these premium estimates are averaged across all ages of drivers and types of vehicles and do not factor in a specific location for drivers over age 50. So the auto insurance company that fits your situation best may not even be in the top 24 companies in the list above. That is why you need to get quotes using your own specific driver information and vehicle.
The chart below demonstrates how deductibles can affect premium costs when getting quotes for cheap insurance for drivers over age 50. The premium estimates are based on a single male driver, full coverage, and no other discounts are factored in.
As shown above, a 40-year-old driver could save $506 a year by changing from a $100 deductible up to a $500 deductible, or save $762 by switching to a $1,000 deductible. Even younger drivers, like the Age 20 category, have the ability to save $1,674 or even more just by using higher deductibles. When raising deductibles, it is essential to have plenty of discretionary funds to enable you to pay the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.
Insuring your vehicle with a highly-rated insurer can be a challenge considering how many companies provide coverage in California. The company rank data shown below could help you analyze which car insurance companies you want to consider when comparing insurance rates for drivers over age 50.
These ratings are for major nationwide insurance companies, so companies that only write business in California or surrounding areas are not taken into consideration for this list. If you wish to compare prices from these top insurers and more, follow this link.
Top 10 Large Auto Insurance Providers in Stockton Ranked by A.M. Best Rating
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- Progressive – A+
- Titan Insurance – A+
Why you should be shopping around
Stockton car insurance rates are impacted by many things which can substantially decrease or increase the policy premium. Simply improving your credit, having a teenage driver, or getting a ticket for running a stop sign can trigger price changes that can cause some rates to be cheaper than before.
Additionally, auto insurance companies modify pricing without warning in order to maintain liquidity for claims. Higher than normal claims can result in price increases, while lower claims can produce lower-cost Stockton car insurance rates.
For example, the graph below analyzes the cheapest car insurance in Stockton, CA for a 40-year-old male driver with a clear driving record, no claims, and excellent credit. If we look at prices based on his current risk factors, USAA may have the lowest car insurance rates in Stockton at $1,276 each year. This is $375 less than the average policy premium paid by California drivers of $1,651. Century National, CSAA, Wawanesa, and Nationwide are also included in the cheapest Stockton, CA auto insurance companies.
Now we will pretend the driver from the first rate comparison a claim, poor credit, and a blemish on his driving record. Since each auto insurance company has a different process for determining prices, comparing quotes may now result in a significantly different list of companies as shown below.
Grange now has the cheapest auto insurance in Stockton, CA with Progressive, GEICO, Allied, and Mercury now being in the top five. This example proves why consumers need to take the time to compare rates to find the cheapest insurance rates for drivers over age 50.
Auto insurance prices can be altered by many risk factors and can decrease or increase without notice, so the cheapest company the last time you checked may now be one of the more expensive options.