How to Save on Car Insurance in Riverside, CA

Compare Quotes from Top Providers and Save now!

The average cost of auto insurance in Riverside, CA, is $1,030. This is similar to the cost of auto insurance in neighboring places such as Liberty, West Lucas, Kalona, Lone Tree, and English River. Car owners can save more on auto insurance by comparing multiple car insurance quotes. The cost of auto insurance is dependent on numerous factors, and so is the ability to lower the cost of insurance. Below are some of the ways in which one can reduce the cost of auto insurance in Riverside, CA.

how_to_save_on_car_insurance_in_riverside_ca

Insurance Requirements:

Car insurance is mandatory for all vehicle owners in California. The minimum liability insurance requirements for private passenger vehicles are as follows:

  • $15,000 for injury/death to a person.

  • $30,000 for injury/death to more than a person.

  • $5,000 for damage to property.

Bundling:

Bundling is a standard method of availing discounts. If a customer purchases multiple policies (life, car, home) from the same insurer, it leads to discounts. State Farm offers up to a 17% discount on multiple policies, while Progressive offers an average discount of 5%.

 Discounts are also offered if one insures multiple vehicles with the same insurer. GEICO, for instance, offers multi-vehicle discounts of up to 25%.

A multi-car insurance policy in Riverside, CA, can help save up to $536. This depends on the number of vehicles being insured and the make and model of the vehicle.

Driving Record:

Most car insurance companies offer substantial discounts to drivers who have a clean driving record. GEICO offers a 26% discount to drivers with a spotless driving record for five years. On the other hand, State Farm offers discounts when a driver goes three or more years with an accident-free record. With the advent of modern technology in the car insurance industry, Usage-Based Insurance (UBI) is increasingly being used to personalize car insurance. UBI works through both plugin devices and mobile apps. It keeps track of various factors in one’s car, making insurance rates more personalized.  

Anti-theft Discounts:

As the above infographic indicates, equipping one’s vehicle with the latest anti-theft technology can help in improving savings to a large extent. Car owners can save up to $72 on a single anti-theft device in Riverside, CA.

Car insurers across California offer discounts to drivers that install anti-theft devices. GEICO offers a discount of up to 25% on installing approved anti-theft devices or alarms. Progressive, too, offers discounts of up to 25% on anti-theft devices and alarms. 

Hybrids and Electric Vehicles:

Zimlon found that Farmers and Travelers are among the few companies that offer discounts on alternative-fuel vehicles. Hybrids and Electric Vehicles are more environmentally friendly thanks to lower emission rates. Farmers offers these car owners discounts of up to 5% in some states.  

Other than the factors mentioned above, insurance companies across the board offer discounts to loyal customers. Signing paperwork online, and reducing paperwork also makes some car owners eligible for discounts.