Who Has Cheap Car Insurance Quotes for Real Estate Agents in California?

Things would sure be easy if we could just give you the name of the single company that has the most affordable coverage in California. It’s not that simple, unfortunately, as there are a ton of unknown factors such as the amount of coverage you want, how old you are, if you are a man or woman, and if you have a tendency to get into accidents. We are going to cover the best ways to save on auto insurance and will hopefully give you a jump start in finding the best auto insurance in California.

Determining which companies quote the cheapest auto insurance rates for real estate agents involves a little more effort than just comparing rates from one or two companies. Each company has a proprietary method for determining prices, so let’s take a look at the auto insurance companies with the overall cheapest rates in California.

Keep in mind that California auto insurance rates are based on many factors which can significantly increase or decrease the price you pay for coverage. Improving your credit rating, buying another vehicle, or having an accident can produce rate changes resulting in some rates now being more affordable than competitors.

Cheap Insurance Rates for Realtors

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USAA has some of the most affordable car insurance rates in California at around $1,155 each year. Wawanesa, CSAA, Nationwide, and Century National also qualify as some of the best California insurance companies.

In the rate table above, if you have coverage with Nationwide and switched to USAA, you might see annual savings of about $58. Policyholders with Century National might save as much as $71 a year, and 21st Century insureds might cut rates by $183 a year.

Understand that those prices are averages for all ages of drivers and types of vehicles and are not factoring in a rate decrease for real estate agents. So the insurer that fits your needs best may not even be shown in the above rate chart. That points out the importance of why you need to compare rates from as many companies as possible using your own driver data and vehicle information.

The vehicle model you are insuring is one of the primary factors when comparison shopping for low-priced auto insurance for real estate agents. Vehicles with lower acceleration and performance, good safety features, or a low likelihood of having liability claims will cost significantly less to insure than fast, unsafe models. The information below shows auto insurance prices for a selection of the cheapest vehicles to insure in California.

Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Table data does not factor in specific garaging location which can increase or decrease premiums noticeably.

Based upon these rates, you can infer that makes and models like the Honda CR-V, Ford Edge, Kia Forte, and Ford F-150 will be the most budget-friendly vehicles to insure for realtors.

For realtors, one of the largest things that is used by insurance companies to determine the price you pay for insurance is the neighborhood you call home. Densely populated urban areas like Los Angeles, Oakland, and Sacramento tend to have more expensive auto insurance rates, whereas cities that are not as densely populated benefit from lower rates.

The following table rates the highest-priced areas in California for real estate agents to purchase auto insurance in.

Information shown are approximated as specific California zip code can change price quotes significantly.

Does it make sense to buy full coverage?

Finding cheap car insurance for real estate agents in California should be important to most drivers, and one of the easiest ways to pay less for insurance is to only pay for liability coverage. The diagram below compares car insurance rates with liability coverage only compared to full coverage. The price estimates are based on no claims or driving violations, $1,000 deductibles, single marital status, and no additional discounts are factored in.

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As an average for all age groups, comprehensive and collision coverage on your policy costs an extra $1,849 per year more than carrying just liability coverage. That is a significant amount which raises the question if full coverage is worth the money. There is no definitive formula to eliminate full coverage on your policy, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.

The chart below shows how choosing a deductible can influence insurance prices when quoting cheap insurance for real estate agents. Data assumes a married male driver, comp and collision included, and no discounts are factored in.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 3739,3415,3055,2713],[‘Age 30’, 1963,1791,1591,1399],[‘Age 40’, 1885,1727,1543,1369],[‘Age 50’, 1723,1581,1415,1257],[‘Age 60’, 1693,1553,1389,1233],[‘Age 70’, 1941,1785,1615,1451]]);var options = {title: ‘Impact of Deductible Levels on Auto Insurance Rates in California’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

The data above shows that a 40-year-old driver could save $308 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $466 by using a $1,000 deductible. Youthful drivers, like the Age 20 chart data, could roll back prices up to $1,026 or more just by choosing higher deductibles when buying full coverage.

When choosing a higher deductible, it will be necessary to have spare funds to enable you to pay the extra out-of-pocket expense, which is the main drawback of higher deductibles.

Who is cheaper: Allstate, Progressive, State Farm, or Geico?

When comparing auto insurance for realtors in California, four good companies to start with are Allstate, Progressive, State Farm, and Geico. They all offer slightly different coverage options that add value to each policy. The following table breaks down ratings and policy coverage options you can expect with each one.