Auto insurance rates are determined by numerous factors, including driving history, location, and type of vehicle. On top of that, every car insurance company grades those factors differently. Resulting in different rates from one insured driver to the next. Ever wonder why your friend got a lower rate with an insurance company than you were offered? More than likely the insurance company saw your friend as less of a risk to insure, resulting in a lower rate than what was available for you.
One of the best reasons to shop for your auto insurance rates through a broker / agency (Eugene C Yates Insurance Agency) like ours, is we will shop the insurance companies for you. Our agents are up to date with all the guidelines and qualifications of each insurance company and know who to place you with to acquire the best car insurance rates for your situation.
Average car insurance rate in California
In California your auto insurance rates can range anywhere from $987 to $1,815 annually. Making the average car insurance rate in California $1,647 per year. According to Business Insider, California comes in as the 17th most expensive state in the USA.
Car insurance rates after a ticket
Having a clean driving history will obviously keep your auto insurance rates down. Although, one “single” speeding ticket may not affect your car insurance rate as much as you may think. As a ballpark you can expect about a 25% increase in your car insurance premium, if you were speeding around 16 miles over the limit (based off USA averages).
After you get a ticket, it may be best to shop your coverage. Get in contact with an agent and ask if there are opportunities to save money with a different insurance company. Some companies may only raise the rate slightly, while others have different guidelines and may increase your car insurance premium to an unmanageable amount.
One recent speeding ticket, average car insurance rates are:
- $1,781 per year for full coverage.
- $755 per year for minimum coverage.
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Car insurance rates after an at-fault accident
If you’re involved in an accident where you were determined to be at fault, the increase in rate is about double what it would be for speeding. Driving safety is a number one priority, for the livelihood of others and your car insurance premiums.
Average auto insurance prices for an at-fault driver are:
- $2,146 per year for full coverage.
- $910 per year for minimum coverage.
Average car insurance rates after a DUI
Drinking and driving should be avoided at all costs. With all the ride sharing apps like Uber and Lyft it should be easy to get home safely. If you are caught for a DUI you can expect a severe increase in your auto insurance rates. On average you can expect up to a 77% increase in your car insurance cost. If you ask me, that’s a good enough reason to take an Uber home if you’ve had too much to drink.
40-year-old driver, average car insurance rates after a DUI are:
- $2,531 per year for full coverage.
- $1,079 per year for minimum coverage.
Like other determining factors, each insurance company will handle the increase in rates differently. There are statistics that show some insurers like AAA increasing rates to incredibly high annual premiums of $5,400 after a DUI. This may be the absolute best time to get in touch with one of our agents. They can help you with the process and help you to shop for the insurance company with the best rates for your individual situation.
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