CarInsurance.com finds the priciest ZIP codes in California's 20 largest cities.
March 30 2015 - 8:06AM
Los Angeles ZIP code 90029 has the highest average car insurance
rate in California at $2,416 a year, according to a
CarInsurance.com analysis.
Other Los Angeles ZIPs comprise the bulk of pricey premiums for
The Golden State, but once you move beyond the City of Angels to
the state's other major cities, Glendale and Oakland rank second
and third, respectively.
The average car insurance rate for all California ZIP codes was
$1,433.
CarInsurance.com, an independent quote-comparison website,
analyzed rates for a 2014 Honda Accord with full coverage in more
than 1,800 ZIP codes in California and for 30,713 ZIP codes across
the U.S.
Consumers can explore California car insurance rates by using
CarInsurance.com's average rates tool. Enter a ZIP code to see the
average premium for the location, as well as the highest and lowest
rates from the six major carriers surveyed.
The most expensive ZIP codes for car insurance, on average, in
California's largest cities are:
- Los Angeles ZIP 90029 - $2,416
- Glendale ZIP 91204 - $2,365
- Oakland ZIP 94607 - $1,868
- Sacramento ZIP 95824 - $1,833
- San Francisco ZIP 94134 - $1,815
- Long Beach ZIP 90813 - $1,702
- San Bernardino ZIP 92410 - $1,656
- Fresno ZIP 93701 - $1,624
- Stockton ZIP 95202 - $1,612
- Modesto ZIP 95351 - $1,585
- Anaheim ZIP 92804 - $1,559
- Santa Ana ZIP 92703 - $1,543
- Riverside ZIP 92501 - $1,528
- San Jose 95122 - $1,475
- San Diego ZIP 92135 - $1,467
- Fremont ZIP 94555 - $1,430
- Bakersfield ZIP 93305 - $1,413
- Oxnard ZIP 93033 - $1,388
- Huntington Beach ZIP 92646 - $1,370
- Chula Vista ZIP 91911 - $1,340
"A driver moving from ZIP code 93441 – Los Olivos, the
place with the cheapest rate at $996 -- to Los Angeles ZIP code
90029, the location with the highest rate in the state, could pay
143 percent more for car insurance, even as his coverage levels,
vehicle and driving record remain the same," said Michelle Megna,
managing editor of CarInsurance.com.
Many factors go into calculating car insurance rates, but a
driver's location is an integral part the process. ZIP codes are
judged to have different risk levels based on the number and
severity of car insurance claims within the area.
California is somewhat of an exception because state laws
require California insurers to give your driving record, annual
mileage and years of experience more weight than your location.
Still, every car insurance company has its own base rate and does
its own calculations, which is why it's important to comparison
shop to get the best car insurance rates. Even within pricey Los
Angeles ZIP code 90029, the survey found rates as cheap as $1,464 a
year and as high as $3,194.
For more information on California car insurance laws and rates
for ZIP codes in California, visit
http://www.carinsurance.com/state/California-car-insurance.aspx
Methodology
CarInsurance.com commissioned Quadrant Information Services to
run auto insurance rates for a 2014 Honda Accord for 30,713 ZIP
codes in the United States. We calculated rates using six large
carriers -- Allstate, Farmers, GEICO, Nationwide, Progressive and
State Farm. (In cases where an insurer's rate wasn't available,
another major carrier's rate was substituted.)
Insurance companies use a process called territorial rating when
assessing your location. Each insurer has its own formula for
creating these territories and the territories' boundaries do not
always match those of ZIP codes. As a result, a specific ZIP code
may sometimes be in more than one rating territory, which means
insurance companies may assign different rates within the same ZIP
code. Averages are based on insurance for a single 40-year-old male
who commutes 12 miles to work each day, with policy limits of
100/300/50 ($100,000 for injury liability for one person, $300,000
for all injuries and $50,000 for property damage in an accident)
and a $500 deductible on collision and comprehensive coverage. This
hypothetical driver has a clean record and good credit. The rate
includes uninsured motorist coverage. Average rates are for
comparative purposes. Your own rate will depend on your personal
factors and vehicle.
About CarInsurance.com
CarInsurance.com, an independent quote comparison website, has
been offering drivers expert advice about the different types of
car insurance and how to shop for them since 2003. Using a
combination of industry expertise and information drawn from
thousands of online quotes delivered without obligation each month,
CarInsurance.com is a source for unbiased answers and data about
what consumers should expect from an insurance policy. The site
lets consumers compare multiple car insurance quotes online and
purchase a policy online in minutes. CarInsurance.com is owned and
operated by QuinStreet, Inc. (NASDAQ: QNST), one of the largest
Internet marketing and media companies in the world. QuinStreet is
committed to providing consumers and businesses with the
information they need to research, find and select the products,
services and brands that best meet their needs.
CONTACT: Michelle Megna
413-923-1814
MichelleM (at) quinstreet.com
Twitter: @carinsurance
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