Finding dependable, reasonably-priced car insurance is not the easiest thing to accomplish, and figuring out which companies offer the best car insurance rates for Uber drivers requires a bit more work.
Every insurance provider uses their own formula for determining rates in each state, so first let’s look at the rankings for the most affordable car insurance companies in Bakersfield, CA.
Compare Cheap Insurance Quotes for Your Uber Vehicle
|Rank||Company||Cost Per Year|
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USAA quotes some of the cheapest car insurance rates in Bakersfield at around $1,121 annually. This is $530 less than the average policy premium paid by California drivers of $1,651. Wawanesa, CSAA, Century National, and Nationwide would also be considered some of the cheapest Bakersfield, CA car insurance companies.
As shown in the rates above, if you have coverage with Wawanesa and switched to USAA, you may see a yearly savings of approximately $25. Drivers with CSAA may save as much as $77 a year, and Century National policyholders might realize rate reductions of up to $105 a year.
Understand that those premiums are averaged across all insureds and vehicles and do not factor in a specific zip code for Uber drivers. So the car insurance company that is most affordable for your situation may not even be in the list above. That emphasizes why you need to get rate quotes using your own personal information and vehicle type.
The car, truck, or SUV you are insuring is probably the biggest factor when comparing the best coverage for Uber drivers. Vehicles with higher performance, poor safety ratings, or an increased likelihood of liability claims will cost much more to insure than safer models.
The list below presents auto insurance rates for some of the most budget-friendly automobiles to buy coverage for.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Hyundai Elantra SE Touring Station Wagon||$945|
|Ford Explorer XLT AWD||$979|
|Ford Escape XLT 4WD||$1,023|
|Honda CR-V EX-L 2WD||$1,029|
|Chevrolet Impala LT||$1,032|
|Toyota RAV4 2WD||$1,039|
|Ford F-150 FX4 4WD||$1,051|
|Toyota Corolla S||$1,084|
|Nissan Rogue S AWD||$1,106|
|Hyundai Sonata GLS 4-Dr Sedan||$1,115|
|Dodge Ram Crew Cab SLT 2WD||$1,125|
|Jeep Wrangler Sport Islander Package 4WD 2-Dr||$1,173|
|Toyota Camry Hybrid||$1,178|
|Chevrolet Silverado LTZ Extended Cab 2WD||$1,184|
|Toyota Tacoma Double Cab 4WD||$1,205|
|Ford Focus SES 4-Dr Sedan||$1,222|
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Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Premium amounts do not factor in specific Bakersfield, CA garaging location which can modify premiums noticeably.
Looking at the data, vehicles like the Hyundai Elantra, Ford Explorer, Ford Escape, and Honda CR-V should be the less-costly vehicles to insure for Uber vehicles.
The diagram below illustrates how choosing a deductible can impact premium costs when searching for cheap insurance for Uber drivers. The information is based on a married female driver, full coverage, and no discounts are taken into consideration.
The chart above illustrates that a 50-year-old driver could lower their car insurance rates by $360 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $544 by choosing a $1,000 deductible. Younger drivers, such as the Age 20 example, could possibly save as much as $896 each year just by choosing higher deductibles. When increasing deductibles, it is necessary to have spare funds to allow you to cover the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.
Discount Bakersfield car insurance
Car insurance companies that provide coverage for Uber drivers could also offer policy discounts that could reduce prices by as much as 35% or more if you qualify for them. The best car insurance companies and some of their more popular discounts are shown below.
- GEICO discounts include federal employee, anti-lock brakes, good student, membership and employees, air bags, driver training, and seat belt use.
- Travelers offers discounts including multi-car, continuous insurance, payment discounts, early quote, home ownership, multi-policy, and student away at school.
- Farm Bureau has savings for driver training, 55 and retired, multi-policy, good student, and safe driver.
- Liberty Mutual may offer discounts for multi-car, exclusive group savings, multi-policy, hybrid vehicle, good student, and preferred payment discount.
- American Family policyholders can earn discounts including bundled insurance, defensive driver, multi-vehicle, early bird, and good driver.
- Progressive has discounts for good student, online signing, continuous coverage, multi-vehicle, homeowner, online quote discount, and multi-policy.
The diagram below illustrates the comparison of insurance costs with and without discounts applied. The data is based on a female driver, no claims or driving citations, California state minimum liability limits, full coverage, and $1,000 deductibles.
The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with vehicle safety, defensive driving course, multiple vehicle, marriage, homeowner, and accident-free discounts applied. In this example, the average savings per year on car insurance for Uber drivers is 28% or $493.
Car insurance rates are higher with tickets and accidents
A great way to enjoy low car insurance prices for Uber vehicles is to drive carefully and not get tickets or have accidents. The example below highlights how speeding tickets and at-fault collisions can increase insurance prices for each age group. The premiums assume a single female driver, comprehensive and collision coverage, $100 deductibles, and no additional discounts are factored in.
The chart shows that the average cost of car insurance in Bakersfield per year with a clean driving record and no accidents is $3,204. Factor in two speeding tickets and the average cost increases to $4,318, an increase of $1,114 each year. Now include two accidents along with the two speeding tickets and the annual cost of car insurance for Uber drivers increases to an average of $8,307. That’s an increase of $5,103, or $425 per month, just for not maintaining a clean driving record!