Most Affordable Car Insurance for 20 yr olds in California – October 2023

Mercury stands out as the most budget-friendly option for auto insurance in California, offering comprehensive coverage at an average monthly rate of $85.

Securing auto insurance is a crucial decision, but pinpointing the most economical car insurance in California can be a challenging task.

For those seeking the most affordable car insurance in your vicinity, we have meticulously analyzed rates for various major California cities, including:

– Fresno

– Los Angeles

– Sacramento

– San Diego

– San Francisco

– San Jose

Which insurer provides the cheapest car insurance in California?

Based on the most recent NerdWallet analysis of comprehensive car insurance rates in California, Mercury claims the title for the least expensive car insurance provider, offering an average annual premium of $1,023, or $85 per month. In contrast, the typical cost of full coverage auto insurance in California averages $1,666 per year, roughly $139 per month.

California’s minimum coverage typically costs around $512 per year on average. However, we’ve uncovered that more affordable policies are attainable. For example, Geico offers the lowest rates in California, averaging $207 annually for minimum coverage car insurance for a 35-year-old driver with a clean driving record.

How did we identify the most economical insurance providers in California?

Our team at NerdWallet scrutinized car insurance rates from 27 auto insurance companies in California and compiled a list of the five most budget-friendly options for drivers across various age groups and driving histories, all operating a 2020 Toyota Camry L. When analyzing minimum coverage, we focused on rates that satisfy California’s minimal requirements. For full coverage, our analysis considered the following coverage limits:

– $100,000 bodily injury liability per person

– $300,000 bodily injury liability per accident

– $50,000 property damage liability per accident

– $100,000 uninsured motorist coverage per person

– $300,000 uninsured motorist coverage per accident

– Collision coverage with a $1,000 deductible

– Comprehensive coverage with a $1,000 deductible

Most Affordable Insurance for 20-Year-Old Drivers

Young drivers in their 20s often encounter steep insurance costs, but prices tend to decrease as they accumulate more driving experience. However, certain companies consistently offer more competitive rates for young drivers, making it wise to explore various options.

Most Affordable Comprehensive Car Insurance in California for 20-Year-Olds

In California, drivers in their 20s with clean driving records should consider the following insurers, which present the lowest average rates:

– State Farm: $1,702 annually, approximately $142 per month

– Geico: $1,799 annually, roughly $150 per month

– Mercury: $1,866 annually, about $156 per month

– Wawanesa: $1,909 annually, or approximately $159 per month

– Auto Club of SoCal: $1,940 annually, or about $162 per month

Most Affordable Minimum Coverage Car Insurance in California for 20-Year-Olds

If you’re seeking minimal coverage in California, consider these companies offering the most affordable average rates:

– Geico: $394 per year, or approximately $33 per month

– Auto Club of SoCal: $518 per year, or about $43 per month

– State Farm: $549 per year, or roughly $46 per month

– Travelers: $595 per year, or about $50 per month

– Workmen’s Auto: $616 per year, or about $51 per month

Most Affordable Auto Insurance in California for 20-Year-Old Drivers with Poor Credit

Drivers with poor credit in California should explore the following insurers offering the lowest average rates for minimum coverage:

– Geico: $394 per year, or approximately $33 per month

– Auto Club of SoCal: $518 per year, or about $43 per month

– State Farm: $549 per year, or roughly $46 per month

– Travelers: $595 per year, or about $50 per month

– Workmen’s Auto: $616 per year, or about $51 per month

Most Affordable Auto Insurance in California for 20-Year-Old Drivers with One Speeding Ticket

For drivers in California with a recent speeding ticket, here are the companies offering the lowest average rates for minimum coverage:

– Geico: $443 per year, or about $37 per month

– Auto Club of SoCal: $691 per year, or about $58 per month

– Workmen’s Auto: $795 per year, or about $66 per month

– Travelers: $818 per year, or about $68 per month

– Mercury: $820 per year, or about $68 per month

Most Affordable Auto Insurance in California for 20-Year-Old Drivers with One At-Fault Crash

For drivers in California with a recent at-fault accident, here are the companies with the lowest average rates for minimum coverage:

– Geico: $543 per year, or about $45 per month

– Auto Club of SoCal: $825 per year, or about $69 per month

– Workmen’s