This would be a quick read if we could simply give you the name of the one best car insurance company that has the best deal on coverage in California. Unfortunately, it’s not that simple as there are many unknown elements like the amount of liability insurance you need, if you have any driving citations, and your gender. In this article, we will cover the things that cause high insurance rates and hopefully give you enough understanding to have a good start to your coverage search.
Determining which companies quote the cheapest insurance rates for real estate agents involves more work in order to find the most economical policy.
Each insurer has a proprietary formula for filing rates in each state, so let’s take a look at the insurance companies with the overall best prices in Stockton. It’s a good idea to know that California insurance rates are based on many factors that can increase the cost of having a policy. Improving your credit rating, buying a different vehicle, or getting into an accident can trigger rate changes that can cause some rates to be cheaper than competitors.
Find the Cheapest Auto Insurance for Realtors
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,155 |
| 2 | Wawanesa | $1,157 |
| 3 | CSAA | $1,186 |
| 4 | Century National | $1,190 |
| 5 | Nationwide | $1,213 |
| 6 | 21st Century | $1,325 |
| 7 | Grange | $1,477 |
| 8 | Progressive | $1,496 |
| 9 | GEICO | $1,529 |
| 10 | Mercury | $1,533 |
| 11 | Allstate | $1,543 |
| 12 | Allied | $1,556 |
| 13 | MetLife | $1,606 |
| 14 | The Hartford | $1,623 |
| 15 | State Farm | $1,699 |
| 16 | Esurance | $1,739 |
| 17 | Unitrin | $1,750 |
| 18 | Travelers | $1,806 |
| 19 | Bristol West | $1,831 |
| 20 | Farmers | $1,946 |
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USAA generally has some of the cheapest car insurance rates in Stockton at around $1,155 a year. This is $496 less than the average price paid by California drivers of $1,651. Wawanesa, CSAA, Century National, and Nationwide would also be considered some of the most economical Stockton, CA auto insurance companies.
As shown in the table above, if you buy coverage from Century National and switched to USAA, you may realize yearly savings of roughly $35. Drivers with Nationwide may save as much as $58 a year, and 21st Century policyholders might realize rate reductions of up to $170 a year.
To find out how much you can save, click here to start your free quote or click several companies below for low rates.
Bear in mind that those prices are averages for all types of insureds and vehicles and and are not calculated with a specific vehicle garaging location for real estate agents. So the insurer that fits your needs best may not even be in the list above. That emphasizes why you need to compare rates from as many companies as possible using your own personal information and vehicle type.
One of the many components that help determine the annual cost of car insurance is where you call home in Stockton. Cities with larger populations or higher claim trends tend to have more expensive auto insurance rates, whereas areas with less people or fewer weather incidents tend to receive cheaper rates.
The table below ranks the most expensive cities in California for real estate agents to buy an auto insurance policy in. Stockton ranks #7 costing $1,588 on average, which is around $132 each month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Los Angeles | $2,168 |
| 2 | Glendale | $2,058 |
| 3 | San Francisco | $1,745 |
| 4 | Oakland | $1,738 |
| 5 | Sacramento | $1,669 |
| 6 | San Bernardino | $1,596 |
| 7 | Stockton | $1,588 |
| 8 | Long Beach | $1,562 |
| 9 | Riverside | $1,542 |
| 10 | Fontana | $1,535 |
| 11 | Santa Clarita | $1,533 |
| 12 | Garden Grove | $1,524 |
| 13 | Moreno Valley | $1,506 |
| 14 | Santa Ana | $1,497 |
| 15 | Modesto | $1,487 |
| 16 | Fresno | $1,472 |
| 17 | San Jose | $1,437 |
| 18 | Anaheim | $1,430 |
| 19 | Fremont | $1,403 |
| 20 | Huntington Beach | $1,402 |
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Annual rates are approximated as the specific Stockton residence address can alter premium rates considerably.
Get discounts on Stockton car insurance rates
Auto insurance companies that provide policies for real estate agents could also offer special discounts that may potentially lower prices by as much as 25% or more if you can meet the requirements. Larger insurance companies and some of the discounts are:
- State Farm offers discounts for accident-free, good driver, driver’s education, safe vehicle, and Steer Clear safe driver discount.
- American Family offers discounts including TimeAway discount, multi-vehicle, Steer into Savings, defensive driver, good driver, early bird, and air bags.
- AAA may include discounts for education and occupation, multi-car, AAA membership discount, good driver, multi-policy, and anti-theft.
- GEICO includes discounts for seat belt use, good student, membership and employees, anti-theft, and federal employee.
- Mercury Insurance policyholders can earn discounts including good driver, age of vehicle, multi-car, good student, annual mileage, type of vehicle, and anti-theft.
- Farmers Insurance has discounts for business and professional, bundle discounts, pay in full, youthful driver, electronic funds transfer, and homeowner.
- Progressive discounts include continuous coverage, homeowner, multi-policy, good student, multi-vehicle, and online signing.
The illustration below shows the comparison of insurance costs with and without discounts being applied to the rates. The information is based on a male driver, a clean driving record, no at-fault accidents, California state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with vehicle safety, claim-free, safe-driver, multiple vehicle, homeowner, and marriage discounts applied. When drivers take advantage of discounts, theaverage yearly reduction on insurance for real estate agents is 28% or $944.
Bad driving habits will cost you more
The ideal way to obtain cheap insurance rates in California for realtors is to drive attentively and not receive tickets or have accidents. The information below illustrates how violations and accident claims influence insurance costs for each age group. The premium estimates are based on a single male driver, comp and collision included, $100 deductibles, and no additional discounts are factored in.
In the previous chart, the average cost of car insurance per year with no accidents and a clean driving record is $3,444. Get two speeding tickets and the average cost hikes up to $4,580, an increase of $1,136 each year. Then include two accidents along with the two speeding tickets and the yearly cost of insurance for real estate agents goes up to an average of $8,582. That’s an increase of $5,138, or $428 per month, just for not keeping your driving record clean!
Who has the cheapest Stockton car insurance?
Stockton, CA insurance rates are impacted by many things which can substantially decrease or increase the cost of a policy. Simply having a birthday, moving to a new city, or getting a DUI can cause premium changes that may make certain companies more affordable than competitors.
Additionally, insurance companies amend premium rates at least once a year in order to maintain liquidity for claims. A period of increased losses can result in a rate increase, while better underwriting can result in cheaper Stockton car insurance rates.
For instance, the bar chart below analyzes the cheapest car insurance in Stockton, CA for a 35-year-old male driver with a clear driving record, no claims, and a good credit history. When comparing rates based on his personal risk profile, USAA may have the most affordable car insurance rates in Stockton at $1,351 each year. This is $300 less than the average policy premium paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide are the remainder of the cheapest Stockton, CA auto insurance companies.
The chart below compares rates after we give the driver from above an accident surcharge, slightly worse credit, and a stop sign violation. Because each insurer has a proprietary method to determining premium rates, comparing rates could result in a different ranking of the cheapest car insurance companies in Stockton as shown below.
Grange now has the cheapest auto insurance in Stockton, CA with Mercury, Progressive, Allstate, and Allied now rounding out the top five. This example demonstrates why consumers need to do a thorough rate comparison when trying to find the most economical car insurance quotes for real estate agents. Prices are calculated by many factors and change substantially, so the best option when you bought your policy may now be quite expensive.