For people with poor credit, one of the big components that are used to help calculate the amount you pay each year for auto insurance is your address in Long Beach. Regions with larger populations or more claims tend to have higher auto insurance costs, whereas areas with less people or fewer weather incidents profit from lower rates.
The table below shows the highest-priced places in California for drivers with bad credit to purchase car insurance in. Long Beach comes in at #8 with an annual cost of $1,578 for the average policy, which is about $132 monthly.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Glendale | $2,142 |
| 2 | Los Angeles | $2,104 |
| 3 | Sacramento | $1,720 |
| 4 | Oakland | $1,704 |
| 5 | San Francisco | $1,693 |
| 6 | San Bernardino | $1,628 |
| 7 | Stockton | $1,603 |
| 8 | Long Beach | $1,578 |
| 9 | Fontana | $1,566 |
| 10 | Modesto | $1,547 |
| 11 | Moreno Valley | $1,536 |
| 12 | Santa Clarita | $1,533 |
| 13 | Riverside | $1,527 |
| 14 | Garden Grove | $1,524 |
| 15 | Fresno | $1,517 |
| 16 | Santa Ana | $1,497 |
| 17 | Anaheim | $1,488 |
| 18 | San Jose | $1,423 |
| 19 | Irvine | $1,384 |
| 20 | Bakersfield | $1,381 |
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Prices are approximated as vehicle location can affect coverage prices substantially.
Deciding which insurers offer the cheapest insurance rates for drivers with bad credit will involve a tad more effort in order to find the best policy. Each insurance company has a different process for determining prices, so we’ll go over the most competitive insurance companies in California.
Cheap Insurance Rates with Bad Credit
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Wawanesa | $1,146 |
| 2 | USAA | $1,155 |
| 3 | Century National | $1,178 |
| 4 | CSAA | $1,186 |
| 5 | Nationwide | $1,226 |
| 6 | 21st Century | $1,366 |
| 7 | Grange | $1,433 |
| 8 | Mercury | $1,488 |
| 9 | Allied | $1,556 |
| 10 | Progressive | $1,558 |
| 11 | Allstate | $1,559 |
| 12 | GEICO | $1,575 |
| 13 | MetLife | $1,606 |
| 14 | The Hartford | $1,639 |
| 15 | State Farm | $1,682 |
| 16 | Esurance | $1,705 |
| 17 | Unitrin | $1,733 |
| 18 | Bristol West | $1,795 |
| 19 | Travelers | $1,806 |
| 20 | Farmers | $2,026 |
| Find Your Rate Go | ||
Wawanesa offers some of the lowest car insurance rates in Long Beach at around $1,146 annually. This is $505 less than the average price paid by California drivers of $1,651. USAA, Century National, CSAA, and Nationwide would also make the list of some of the best Long Beach, CA auto insurance companies.
As shown in the table above, if you currently buy coverage from CSAA and switched to Wawanesa, you could realize yearly savings of in the vicinity of $40. California drivers with Nationwide may save as much as $80 a year, and 21st Century customers might cut rates by $220 a year.
Bear in mind that those policy prices are averages across all ages of drivers and types of vehicles and do not factor in a specific location for drivers with bad credit. So the auto insurance company that is best for you may not even be in the top 24 companies in the list above. That underscores the importance of why you need to get car insurance quotes using your own specific driver and vehicle information.
The car, truck, or SUV you are insuring is a significant factor when shopping around for cheap insurance for drivers with bad credit. Vehicles with high performance, poor safety features, or a high likelihood of having liability claims will cost significantly more to insure than safer, lower-performance models. The next list ranks coverage costs for some of the more affordable automobiles to insure.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Hyundai Elantra GLS Touring Station Wagon | $1,207 |
| Honda CR-V EX 2WD | $1,216 |
| Ford Escape XLT 4WD | $1,412 |
| Chevrolet Impala LT | $1,426 |
| Chevrolet Malibu LT | $1,454 |
| Honda Accord LX 4-Dr Sedan | $1,481 |
| Toyota Camry SE | $1,501 |
| Toyota Corolla S | $1,508 |
| Ford Edge Limited AWD | $1,501 |
| Toyota Tacoma X-Runner 2WD | $1,511 |
| Toyota Prius | $1,531 |
| Kia Optima LX | $1,534 |
| Dodge Grand Caravan SE | $1,549 |
| GMC Sierra 2500HD SLT Extended Cab 4WD | $1,604 |
| Jeep Wrangler Sport Islander Package 4WD 2-Dr | $1,624 |
| Toyota RAV4 Limited 2WD | $1,636 |
| GMC Sierra 3500HD SLT Crew Cab 2WD | $1,658 |
| Get a Custom Quote Go | |
Table data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Premium amounts do not factor in vehicle location which can alter premium rates greatly.
Based on these rates, you can see that vehicles like the Hyundai Elantra, Honda CR-V, and Ford Escape are most likely to be a few of the less-costly vehicles to insure for people with poor credit. Car insurance rates will be more costly just due to the fact that there is more claim risk for drivers with bad credit, but overall those models will most likely have the lowest insurance prices compared to all other vehicles.
The chart below demonstrates how deductibles can raise or lower insurance premiums when searching for cheap insurance for drivers with bad credit. The costs are based on a married male driver, comprehensive and collision coverage, and no discounts are taken into consideration.
The chart above illustrates that a 30-year-old driver could pocket $460 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $692 by choosing a $1,000 deductible. Young drivers, like the 20-year-old category, could lower their rates $1,398 every year just by choosing higher deductibles. If you do make the decision to raise your deductibles, it is essential to have enough savings to allow you to pay the extra out-of-pocket expense that deters many people from opting for higher deductibles.
Responsible drivers pay cheaper insurance rates
The recommended way to obtain the cheapest insurance rates in Long Beach for people with poor credit is to drive carefully and avoid accidents and traffic citations. The chart below demonstrates how speeding tickets and at-fault fender-benders can affect insurance prices for each different age category. The prices are based on a married female driver, comprehensive and collision coverage, $100 deductibles, and no additional discounts are factored in.
In the chart above, the average cost of car insurance in Long Beach per year with no accidents and a clean driving record is $1,948. Get written up for one speeding ticket and the average cost hikes up to $2,267, an increase of $319 each year. Then add in one accident along with the one speeding ticket and the 12-month cost of insurance for drivers with bad credit jumps again to an average of $3,165. That’s an increase of $1,217, or $101 per month, just for not keeping your driving record clean!
How to get discounts on Long Beach insurance
Insurance companies that provide policies for drivers with bad credit may provide special discounts that could potentially reduce rates by as much as 30% if you meet specific eligibility requirements. A few popular companies and a partial list of their discounts include:
- State Farm has discounts for Steer Clear safe driver discount, student away at school, Drive Safe & Save, anti-theft, and defensive driving training.
- Progressive may include discounts for homeowner, continuous coverage, multi-vehicle, multi-policy, and good student.
- Travelers offers premium reductions for multi-car, home ownership, continuous insurance, driver training, and payment discounts.
- American Family may offer discounts for accident-free, early bird, good student, air bags, multi-vehicle, Steer into Savings, and TimeAway discount.
- Liberty Mutual offers discounts for exclusive group savings, new graduate, good student, multi-car, and newly married.
The illustration below compares annual premium costs with and without discounts applied to the premium. The rate quotes are based on a male driver, no violations or accidents, California state minimum liability limits, comprehensive and collision coverage, and $250 deductibles.
The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with accident-free, multiple vehicle, safe-driver, marriage, anti-theft, and vehicle safety discounts applied. When drivers qualify for the discounts, theaverage yearly reduction on insurance for drivers with bad credit is 28% or $640.
The benefit of shopping around
California insurance rates are impacted by many things that will increase or decrease the price you pay for coverage. Simply having another birthday, buying higher coverage limits, or getting caught speeding may cause policy rate changes that may make certain companies cheaper than before.
Not only that, but insurers file new California car insurance rates every year to adjust for heavy claims or excess profits. Higher than normal claims can cause higher priced premiums, while a better loss history may cause lower-cost Long Beach car insurance rates.
The data below shows the companies that have the cheapest car insurance in Long Beach, CA for a 45-year-old male driver with no prior claims, no tickets, and a decent credit rating. If we compare prices based on his current rating profile, USAA may offer the most affordable car insurance rates in Long Beach at $1,383 per year. This is $268 less than the average premium paid by California drivers of $1,651. Wawanesa, CSAA, Nationwide, and Century National round out the rest of the cheapest Long Beach, CA auto insurance companies.
In this example, we will give the driver in the first example an at-fault accident, a little lower credit rating, and a traffic ticket or two. Because every insurance company uses their own method to set their prices, getting updated rate quotes most likely will result in a completely different list of the cheapest companies as shown below.
Grange now has the cheapest auto insurance in Long Beach, CA with Progressive, Mercury, Allstate, and GEICO now rounding out the top five. This example proves why drivers need to compare as many rates as possible to find the cheapest insurance quotes for drivers with bad credit.
Insurance prices are calculated by many risk factors and can increase or decrease at any time, so the most economical company when you bought your policy may now be an over-priced policy.