Determining which company offers the cheapest insurance rates for good students takes more work in order to find coverage that fits your budget. Each auto insurer uses a slightly different approach for filing rates in each state, so we’ll take a look at the most budget-friendly insurance companies in Long Beach.
It’s a good idea to be aware that Long Beach insurance rates are impacted by many things that can increase the price of coverage. Simply getting older, buying a home, or getting a couple of tickets can trigger price changes that can cause some rates to be cheaper in comparison to the competition.
Best Auto Insurance Prices for Students
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,143 |
| 2 | Wawanesa | $1,157 |
| 3 | Century National | $1,178 |
| 4 | CSAA | $1,222 |
| 5 | Nationwide | $1,263 |
| 6 | 21st Century | $1,325 |
| 7 | Grange | $1,447 |
| 8 | Allstate | $1,513 |
| 9 | GEICO | $1,529 |
| 10 | Mercury | $1,533 |
| 11 | Progressive | $1,558 |
| 12 | Allied | $1,603 |
| 13 | MetLife | $1,638 |
| 14 | The Hartford | $1,639 |
| 15 | State Farm | $1,699 |
| 16 | Unitrin | $1,733 |
| 17 | Esurance | $1,739 |
| 18 | Bristol West | $1,777 |
| 19 | Travelers | $1,788 |
| 20 | Farmers | $2,006 |
| Compare Rates Now Go | ||
USAA normally has some of the lowest car insurance rates in Long Beach at around $1,143 per year. This is $508 less than the average policy premium paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide would also make the list of some of the lowest-priced Long Beach, CA insurance companies.
As shown in the rates above, if you buy coverage from CSAA and switched to Wawanesa, you may realize a yearly price reduction of roughly $65. Policyholders with Nationwide may save as much as $106 a year, and 21st Century customers might see rate reductions of $168 a year.
These rates are averages for all types of insureds and vehicles and are not factoring in a specific location for good students. So the auto insurance company that fits you best may not even be in the top 24 companies shown above. That underscores the importance of why you need to compare rates from multiple companies using your own individual information.
The make and model of vehicle on the policy is one of the biggest factors when shopping for cheap insurance for good students. Vehicles with economical engines, an excellent safety record, or a low likelihood of having liability claims will cost quite a bit less to insure than fast, unsafe models. The information below shows coverage costs for a selection of the most affordable automobiles to buy insurance for.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 2WD | $1,183 |
| Hyundai Elantra SE Touring Station Wagon | $1,284 |
| Honda Accord LX-P 4-Dr Sedan | $1,452 |
| Toyota Corolla XLE | $1,474 |
| Chevrolet Impala LTZ | $1,484 |
| Ford Escape XLT 4WD | $1,487 |
| Honda Civic Hybrid 4-Dr Sedan | $1,501 |
| Chevrolet Equinox LTZ AWD | $1,506 |
| Nissan Rogue S 2WD | $1,504 |
| Hyundai Sonata GLS 4-Dr Sedan | $1,511 |
| Dodge Grand Caravan SE | $1,521 |
| Jeep Wrangler Rubicon 4WD 2-Dr | $1,531 |
| GMC Sierra Denali Crew Cab 4WD | $1,603 |
| Chevrolet Silverado LTZ Extended Cab 2WD | $1,612 |
| Chevrolet Malibu Hybrid | $1,605 |
| Jeep Grand Cherokee Laredo 2WD | $1,613 |
| Toyota Prius | $1,612 |
| Dodge Ram 3500 Crew Cab SLT 2WD | $1,627 |
| Toyota Tacoma Double Cab TRD Off-Road Package 4WD | $1,635 |
| Ford Explorer Eddie Bauer 4WD | $1,642 |
| Ford Focus S 4-Dr Sedan | $1,682 |
| Ford Edge Sport AWD | $1,689 |
| Chevrolet Silverado 2500HD LT Crew Cab Diesel 2WD | $1,704 |
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Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Rate quotes do not factor in vehicle location which can influence coverage rates noticeably.
Based upon the table data, you can see that models like the Honda CR-V, Hyundai Elantra, and Honda Accord will be some of the less-costly vehicles to insure for student drivers.
For student drivers, one of the more important criteria that aid in calculating car insurance rates is where you call home. Larger areas will most likely have higher rates, whereas areas with lower vehicle theft rates and fewer weather claims have the luxury of lower rates.
The illustration below sorts the highest-priced areas in California for good students in which to buy car insurance. Long Beach is listed at #6 with a yearly premium of $1,626 for the average policy, which is around $136 per month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Los Angeles | $2,083 |
| 2 | Glendale | $2,058 |
| 3 | San Francisco | $1,745 |
| 4 | Oakland | $1,704 |
| 5 | Sacramento | $1,652 |
| 6 | Long Beach | $1,626 |
| 7 | Santa Clarita | $1,595 |
| 8 | Fontana | $1,581 |
| 9 | San Bernardino | $1,580 |
| 10 | Stockton | $1,556 |
| 11 | Moreno Valley | $1,536 |
| 12 | Modesto | $1,532 |
| 13 | Riverside | $1,527 |
| 14 | Garden Grove | $1,524 |
| 15 | Anaheim | $1,474 |
| 16 | Fresno | $1,457 |
| 17 | Santa Ana | $1,439 |
| 18 | San Jose | $1,423 |
| 19 | Fremont | $1,403 |
| 20 | Irvine | $1,384 |
| 21 | Huntington Beach | $1,374 |
| 22 | Bakersfield | $1,353 |
| 23 | San Diego | $1,327 |
| 24 | Oxnard | $1,304 |
| 25 | Chula Vista | $1,298 |
| Compare Prices Now Go | ||
Information shown are estimated as the specific garaging location can modify insurance rates noticeably.
Ending up with a highly-rated auto insurance company is hard considering how many companies there are in Long Beach. The rank data shown next can help you select which companies to look at comparing price quotes from.
These ratings are only made up of companies with a national presence, so smaller regional companies are not factored into this list. To compare prices and find cheaper insurance for good students, just click here.
Top 10 Large Auto Insurance Companies in Long Beach Ranked by Claims Service
- AAA of Southern California
- State Farm
- Esurance
- AAA Insurance
- Progressive
- Liberty Mutual
- GEICO
- Allstate
- Titan Insurance
- The Hartford
Top 10 Large Auto Insurance Companies in Long Beach Ranked by Value
- USAA
- American Family
- The Hartford
- AAA of Southern California
- Titan Insurance
- The General
- AAA Insurance
- State Farm
- Mercury Insurance
- Nationwide
Impact of violations and accidents on rates
In a perfect world, the ideal way to earn low insurance prices for student drivers is to be a cautious driver and avoid accidents and traffic violations. The chart below demonstrates how citations and accident claims impact car insurance costs for different age categories. The data is based on a single male driver, comp and collision included, $500 deductibles, and no other discounts are factored in.
The data in the chart shows the average cost of an auto insurance policy in Long Beach per year with no violations or accidents is $2,075. Factor in two speeding tickets and the average cost rises to $2,743, an increase of $668 each year. Now get one accident along with the two speeding tickets and the annual cost of insurance for good students increases to an average of $3,413. That’s an increase of $1,338, or $111 per month, just for not being a responsible driver!
Rate difference between full and liability-only coverage
Finding cheaper insurance is the goal of most drivers, and one of the easiest ways to buy cheaper insurance for good students is to buy only liability coverage. The chart below shows the difference between auto insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in California. The price estimates are based on no accidents, no driving violations, $250 deductibles, drivers are not married, and no policy discounts are applied.
As an average for all age groups, full coverage costs $2,314 per year more than just buying liability only. Lot’s of drivers question when is the right time to remove full coverage. There is no exact rule for phasing out comprehensive and collision coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is about 10% or more of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.
For example, let’s say your vehicle’s book value is $10,500 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $9,500 after paying your policy deductible. If you are currently paying more than $950 a year for comprehensive and collision coverage, then you may need to consider dropping full coverage.
The importance of shopping around
Long Beach insurance rates are determined by lots of factors which can substantially change the price you pay for coverage. Improving your credit score, buying a different home, or getting a speeding ticket can produce rate changes that can cause some rates to be more affordable than before.
Additionally, insurers amend pricing without warning to reflect underwriting profits or losses. Unexpectedly high claims may result in more expensive premiums, while lower claims may result in lower-priced Long Beach car insurance rates.
To illustrate this example, the bar chart below shows rates for the cheapest car insurance in Long Beach, CA for a 35-year-old female driver with a clear driving record, no claims, and good credit. When comparing rates based on her current situation, USAA might quote the best car insurance rates in Long Beach at $1,412 per year. This is $239 less than the average premium paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide are the rest of the best Long Beach, CA auto insurance companies.
The next chart shows rates after we give the driver from the first example some claims, a lower credit score, and a traffic citation. Since every insurance provider has their own formula to set their prices, getting updated rate quotes may result in a significantly different list of the cheapest Long Beach car insurance companies as shown below.
Grange now has the best car insurance rate in Long Beach, CA with Progressive, Mercury, Allstate, and Allied completing the list. This example illustrates why it is so important to compare many different companies when trying to find the most affordable car insurance rates for good students. Car insurance prices are made up of many things and can change substantially, so the most economical company when you last compared rates may now be quite expensive.