What Auto Insurance is Cheapest for High Risk Drivers in Long Beach?

Finding good, low-cost insurance is tough enough, and finding out which company quotes the cheapest car insurance rates for high risk drivers will require even more diligence.

Each company uses a different method to determine premium rates, so we’ll take a look at the most affordable car insurance companies in Long Beach, CA.

Cheapest Insurance Rates for Risky Drivers

Compare Rates and Save

Rankings for the cheapest car insurance companies in California
Rank Company Cost Per Year
1 Wawanesa $1,146
2 USAA $1,155
3 CSAA $1,186
4 Nationwide $1,226
5 Century National $1,226
6 21st Century $1,325
7 Grange $1,477
8 Mercury $1,488
9 GEICO $1,529
10 Allied $1,541
11 Allstate $1,543
12 Progressive $1,558
13 The Hartford $1,623
14 MetLife $1,654
15 State Farm $1,699
16 Unitrin $1,733
17 Esurance $1,756
18 Travelers $1,842
19 Bristol West $1,849
20 Farmers $2,006
Find Your Rate Go

Wawanesa normally has some of the lowest car insurance rates in Long Beach at around $1,146 a year. This is $505 less than the average premium paid by California drivers of $1,651. USAA, CSAA, Nationwide, and Century National are also some of the most economical Long Beach, CA auto insurance companies.

In the above rates, if you currently buy coverage from Century National and switched to USAA, you could see an annual premium reduction of roughly $71. California drivers with 21st Century may save as much as $170 a year, and Grange customers might reduce prices by as much as $322 a year.

To get a fast rate comparison, click here to start a quote or visit any of the low-priced companies below.

These rates are averaged for all drivers and vehicles in California and and are not calculated with a specific vehicle garaging location for high risk drivers. So the car insurance company that is most affordable for your situation may not even be in the top 24 companies in the list above. That point stresses why you need to get rate quotes from many companies using your own specific driver information and vehicle.

The car, truck, or SUV you are trying to insure is probably the biggest factor when shopping around for cheap coverage for high risk drivers. Vehicles with limited top-end speed, good safety features, or a positive history of liability claims will cost quite a bit less to insure than higher performance models. The information below showcases coverage prices for a handful of the most cost-effective automobiles to buy insurance for.

Cheapest Vehicles to Insure in Long Beach, CA
Vehicle Insured Estimated Cost for Full Coverage
Ford Escape XLS 2WD $4,294
Honda CR-V LX 4WD $4,607
Toyota Prius $4,622
Ford F-150 STX Regular Cab 4WD $4,857
Honda Odyssey EX $5,038
Toyota Camry LE $5,088
Ford Fusion S 4-Dr Sedan $5,097
Chevrolet Malibu LS $5,088
Dodge Grand Caravan SE $5,207
Chevrolet Impala LS $5,272
Ford Focus S 4-Dr Sedan $5,277
Toyota Tacoma Double Cab 4WD $5,324
Chevrolet Silverado LS Crew Cab 4WD $5,363
Start Your Quote Go

Prices above based on single female driver age 50, two speeding tickets, two at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-policy, and multi-vehicle. Price information does not factor in your specific Long Beach, CA location which can decrease or increase coverage prices significantly.

Based upon the rates shown, we can assume that makes and models like the Ford Escape, Honda CR-V, and Toyota Prius should be a few of the most economical vehicles to insure for high risk drivers. The cost of a car insurance policy will be higher anyway because of the fact that there is more exposure for high risk drivers, but in general those models will probably have the lowest insurance rates compared to all other vehicles.

For high risk drivers, one of the big components that aid in calculating insurance cost is where your residence is in Long Beach. 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 have the luxury of cheap car insurance rates.

The next table lists the highest-priced areas in California for high risk drivers to purchase a policy in. Long Beach shows up at #7 with the yearly price of $1,610 on average, which is about $134 monthly.

Car insurance prices in Long Beach
Rank City Annual Premium
1 Los Angeles $2,168
2 Glendale $2,079
3 Oakland $1,738
4 San Francisco $1,711
5 Sacramento $1,669
6 San Bernardino $1,644
7 Long Beach $1,610
8 Stockton $1,588
9 Fontana $1,581
10 Garden Grove $1,554
11 Riverside $1,542
12 Santa Clarita $1,533
13 Modesto $1,502
14 Moreno Valley $1,491
15 Anaheim $1,488
16 Santa Ana $1,483
17 Fresno $1,472
18 San Jose $1,437
19 Fremont $1,389
20 Huntington Beach $1,374
21 Irvine $1,371
22 Oxnard $1,358
23 Bakersfield $1,353
24 San Diego $1,340
25 Chula Vista $1,298
Start a Quote Go

Annual rates are comparative as specific Long Beach zip code can affect auto insurance rates considerably.

Cost of full coverage in Long Beach

Saving money when shopping for car insurance is important to the majority of drivers, and one way to pay lower rates for insurance for high risk drivers is to buy liability only. The example below visualizes the comparison of auto insurance rates with liability coverage only compared to full coverage. The rate quotes are based on no claims or driving citations, $1,000 deductibles, marital status is single, and no discounts are applied.

If we average the cost for ages 20 through 70, comp and collision coverage costs an additional $2,501 per year more than just insuring for liability. That touches on the question if buying full coverage is a good investment. There is no set rule to eliminate physical damage coverage on your policy, but there is a guideline you can consider. If the annual cost of your full coverage insurance is 10% or more of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.

There are some conditions where removing full coverage is not advised. If you still have a loan on your vehicle, you must maintain physical damage coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should maintain full coverage.

The example below highlights how deductible choice can affect insurance premiums when searching for cheap insurance for high risk drivers. The data is based on a single male driver, full physical damage coverage, and no additional discounts are factored in.

In the chart above, a 50-year-old driver could save $506 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $762 by selecting a $1,000 deductible. Young drivers, like the 20-year-old category, can save up to $1,674 annually just by using higher deductibles. If you do raise deductibles, it is a good idea to have spare funds to allow you to pay the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.

You may be paying too much for car insurance

California car insurance rates are impacted by many things that control your annual premium. Simply getting older, buying higher coverage limits, or getting a ticket for careless driving can trigger changes in premium resulting in some companies being affordable when they were higher priced.

In addition, car insurance companies amend premium rates every year or even multiple times each year to adjust for heavy claims or excess profits. An extended period of higher than normal claims can result in increased policy costs, while lower claims can cause lower-priced Long Beach car insurance rates.

To illustrate this example, the chart below analyzes the cheapest car insurance in Long Beach, CA for a 30-year-old male driver with a good driving record, no prior claims, and excellent credit. When comparing rates based on his current rating profile, USAA offers the most affordable car insurance rates in Long Beach at $1,432 annually. This is $219 less than the average policy premium paid by California drivers of $1,651. Wawanesa, Century National, Nationwide, and CSAA are the remainder of the cheapest Long Beach, CA auto insurance companies.

Now we will give the driver from the above example a chargeable accident, less-than-perfect credit, and a couple of points charged on his driving record. Because each company has their own guidelines to set their prices, analyzing rate quotes may now show a different set of companies as shown below.

Grange now has the cheapest insurance rate in Long Beach with Progressive, Mercury, GEICO, and Allstate also being competitive. This illustrates why it is critical to shop around with many companies when trying to get affordable auto insurance rates for high risk drivers. Car insurance prices are made up of many different factors and can change without notice, so the lowest-price company the last time you shopped around may now be costing you a lot of money.