For teen boys, one of the largest criteria that help determine the amount you pay for auto insurance is your zip code in Bakersfield. Cities with more crime and/or more people tend to pay slightly more, whereas areas with lower vehicle theft rates and fewer weather claims benefit from lower coverage costs.
The illustration below ranks the most expensive places in California for teenage males in which to purchase auto insurance. Bakersfield is ranked #20 with an annual cost of $1,394 for coverage, which is approximately $116 each month.
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Table data uses comparative as zip code location can modify price quotes considerably.
Figuring out which companies offer the lowest-priced auto insurance rates for teenage males may require a bit more work than just comparing rates from one or two companies. Every car insurance company uses different criteria to set policy rates, so let’s take a look at the overall cheapest auto insurance companies in Bakersfield, CA.
It’s important that you understand Bakersfield auto insurance rates are based on many factors that can increase the cost of your policy. Simply improving your credit, increasing deductibles, or getting caught speeding may prompt premium changes that can now make some companies cheaper than competitors.
Cheap Insurance Rates for Teens
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USAA generally has some of the cheapest car insurance rates in Bakersfield at around $1,121 each year. This is $530 less than the average price paid by California drivers of $1,651. Century National, CSAA, Wawanesa, and Nationwide also are some of the cheaper Bakersfield, CA car insurance companies.
In the rate table above, if you are insured with CSAA and switched to USAA, you may see savings of about $65. California drivers with Wawanesa could save as much as $71 a year, and Nationwide customers might reduce prices by as much as $142 a year.
Bear in mind that those premium estimates are averaged across all drivers and vehicles in California and and are not figured with a specific location for teenage males. So the company that fits you best may not even be in the top 24 companies shown above. That underscores the importance of why you need to get quotes using your own driver data and vehicle information.
Choosing a high-quality insurance provider can be rather challenging considering how many companies provide coverage in Bakersfield. The company ratings shown below may help you choose which coverage providers to look at when trying to find the cheapest insurance for teenage males. The rankings below include insurance companies that insure vehicles in the majority of U.S. states, so smaller companies that only insure vehicles in California are not included in these rankings.
Top 10 Major Auto Insurers in Bakersfield Ranked by A.M. Best Rating
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- Progressive – A+
- Titan Insurance – A+
Top 10 Major Auto Insurers Overall in Bakersfield
- American Family
- AAA of Southern California
- State Farm
- The Hartford
- AAA Insurance
- The General
- Titan Insurance
Get discounts on Bakersfield insurance rates
Car insurance companies that sell policies for teenage males may provide price discounts that can lower rates by as much as 35% or more if you meet eligibility requirements. Companies and the discounts they provide are included below.
- Mercury Insurance may have discounts that include multi-car, location of vehicle, multi-policy, good student, and accident-free.
- Farmers Insurance discounts include multi-car, bundle discounts, alternative fuel, pay in full, and early shopping.
- Farm Bureau may offer discounts for multi-policy, driver training, multi-vehicle, safe driver, good student, renewal discount, and 55 and retired.
- State Farm includes discounts for multiple policy, Steer Clear safe driver discount, accident-free, good student, student away at school, driver’s education, and multiple autos.
- Allstate offers discounts for anti-theft, defensive driver, premier discount, senior citizen, economy car, multi-policy, and new car.
- GEICO offers premium reductions for federal employee, seat belt use, multi-policy, daytime running lights, air bags, defensive driver, and military active duty.
The illustration below shows the comparison of premium costs with and without discounts. The prices are based on a male driver, no claims or violations, California state minimum liability limits, comp and collision included, and $250 deductibles.
The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with vehicle safety, good student, paid-in-full, passive restraint, anti-theft, and continuous coverage discounts applied. When discounts are factored in, the average savings per year on auto insurance for teenage males is 28% or $1,108.
Full coverage rates vs. liability-only
Paying less for auto insurance should be important to the majority of people, and one way to reduce the cost of insurance for teenage males is to not buy full coverage. The chart below illustrates the difference between insurance premiums when comparing full coverage to liability only. The data assumes no tickets, no at-fault accidents, $500 deductibles, single status, and no discounts are taken into consideration.
If all age groups are averaged, physical damage coverage costs $2,273 per year more than just insuring for liability. Many drivers will wonder when is it safe to stop buying full coverage. There is no definitive formula of when to drop comprehensive and collision coverage on your policy, but there is a broad guideline. If the yearly cost of comp and collision coverage is more than about 10% of replacement cost minus your deductible, then you might want to think about dropping full coverage.
For example, let’s say your vehicle’s replacement cost is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would get paid by your company is $7,000 after paying your deductible. If premium cost is more than $700 annually for your policy with full coverage, then it’s probably a good time to buy liability coverage only.
There are some situations where buying only liability insurance is not a good idea. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should not opt for liability only.
Chances are good that you’re overpaying for Bakersfield car insurance
Bakersfield, CA auto insurance rates are determined by lots of factors that will increase or decrease the cost of coverage. Simply improving your credit, filing a claim, or getting a few speeding tickets may prompt premium changes resulting in some rates now being affordable when they were higher priced.
And not only may your rating factors change, but car insurance companies change their prices at least once a year to adjust for heavy claims or excess profits. An unexpected high level of claims may result in a rate increase, while a better claims history may produce lower-cost Bakersfield car insurance rates.
The graph below shows a variety of companies that have the cheapest car insurance in Bakersfield, CA for a 35-year-old female driver with no violations or accidents, and great credit. If we look at prices based on her current rating profile, USAA has the best car insurance rates in Bakersfield at $1,168 each year. This is $483 less than the average rate paid by California drivers of $1,651. Wawanesa, CSAA, Century National, and Nationwide are the remainder of the best Bakersfield, CA auto insurance companies.
In this next rate comparison, we will give the driver from the first set of rates some claims, a little lower credit rating, and a blemish on her driving record. Due to the fact that each insurance company has their own unique process for setting rates, getting updated rate quotes could result in a completely different list of affordable Bakersfield car insurance companies as shown below.
Grange now has the best insurance rate in Bakersfield, CA with Mercury, Allstate, GEICO, and Progressive also having competitive pricing. This example proves why it is crucial to compare as many rates as possible to find the most affordable auto insurance rates for teenage males. Auto insurance prices consist of many risk factors and change substantially, so the best price three years ago may now be one of the more expensive options.