Best cheap car insurance in Oakland

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Car insurance premiums in Oakland average $ 786 per year for minimum coverage and $ 2,380 per year for full coverage. To find the best cheap car insurance in Oakland, it’s a good idea to understand what factors affect the price of coverage.

Speeding is one of the main causes of accidents and disasters in the city. The city of Oakland reports that speed is the cause behind 25% fatal accidents. Drive defensively and make sure you have the best auto insurance in Oakland could go a long way in protecting you and your loved ones, physically and financially.

After analyzing over a dozen rates, financial strength and customer satisfaction ratings from a dozen carriers, we’ve narrowed the list down to four of the best cheap car insurance companies in Oakland.

Best Car Insurance Companies in Oakland

California residents have many options for cheap auto insurance in the state. To find the best rates, get multiple auto insurance quotes to compare. Oakland’s best auto insurance companies also offer some of the cheapest auto insurance rates in town. Take a look at the following carriers:

Insurance company JD Power Score Average annual premium for minimum coverage Average annual premium for full coverage
Geico 828/1000 $ 503 $ 1,732
Barn Insurance NR $ 586 $ 2,257
Wawanesa 853/1000 $ 653 $ 1,699
Progressive 823/1000 $ 688 $ 1,984

Geico

Geico is the one we picked as the best cheap car insurance in Oakland based on its rates, JD Power score, and discount options. And while other companies on our list score higher with JD Power, none of them offer rates as low as Geico – which has pushed it to the top of our list. For a company offering low cost auto insurance, you will find many coverage options, such as emergency road services, rental insurance, and mechanical breakdown coverage.

Barn Insurance

Grange does not rank in the JD Power study but above 1,600 guest reviews on the insurance company’s website, give the insurer a rating of 4.7 out of 5 for customer service and a quick claims process. The best ways to save with Grange Insurance include bundled coverage, the ability to forgive accidents, and purchasing OnTrack telematics, which can reward you with premium reductions of up to 20% when driving safely.

Wawanesa

Wawanesa is the preferred auto insurance company in California among customers who took the JD Power Customer Satisfaction Survey as it ranks # 1 in this region. In addition to exceptional customer service, any Oaklander with a funded vehicle seeking full coverage insurance will find that Wawanesa’s average annual full coverage rates can be among the lowest of any insurance company ( depending on your personal variables).

Progressive

Progressive completes our list of the best auto insurance companies in Oakland. Progressive’s average annual premiums are competitive with other insurers on our list. Carrier says drivers are saving $ 750 per year on average when they go progressive. the Name your price tool allows you to set a higher price based on your budget to see how much coverage you can afford. You could also get an average of $ 145 per year on your premiums when you sign up for Instantaneous – Progressive’s safe driving telematics program.

Cheapest car insurance in Oakland

Based on Bankrate’s findings, the average cost of auto insurance in California, $ 580 per year for minimum coverage and $ 2,012 per year for full coverage. Oakland’s rates are higher than the state average, at $ 786 per year for minimum coverage and $ 2,380 per year for full coverage. To beat or match the state’s annual average, the following insurance companies in Oakland may be your best bet.

Insurance company Average annual premium for minimum coverage Average annual premium for full coverage
Geico $ 503 $ 1,732
AAA $ 592 $ 2,747
Progressive $ 688 $ 1,984
State farm $ 690 $ 2,122
Mercury $ 697 $ 1,940

All of the carriers on the list have good financial scores and affordable coverage. Mercury offers a possible option for drivers who have difficulty obtaining coverage due to past accidents or traffic violations. To access AAA insurance, you must become a club member. Progressive, State Farm, and Geico offer low fares, but they are generally more affordable for drivers with clean records.

Oakland Insurance Requirements

Oakland Drivers Should Follow California auto insurance mandates. the minimum amount of liability insurance required in the state is:

  • $ 15,000 in bodily injury per person
  • $ 30,000 in bodily injury per accident
  • $ 5,000 for property damage

While buying basic coverage is sometimes the best way to get cheap car insurance in Oakland, it may not be enough. Liability insurance only pays for damage and injury to others, leaving you and your property unprotected if you are at fault for an accident. You will also be financially responsible for any expenses you have incurred that exceed the limits of your policy. For this reason, you may want to consider purchasing additional coverage or full coverage to protect yourself financially.

Discounts on auto insurance in Oakland

As mentioned, Oakland’s premiums are higher than the state average. You can save on your auto insurance by taking advantage of the discounts available. Some of the biggest savings can come from:

  • Home or tenant insurance bundled with vehicle coverage
  • Insure all your domestic vehicles under one policy
  • Use public transport or driving alternatives to benefit from reductions on short kilometers
  • Park your vehicle in a garage

Frequently Asked Questions

What is the best auto insurance company?

There are several excellent car insurance companies that operate in Oakland that you can choose from. The best one depends on your needs. Since many personal and geographic factors affect the cost of coverage, the best way to find the best car insurance company in Oakland is to get quotes from multiple carriers in order to compare rates and coverage.

How much does auto insurance cost in Oakland?

The average cost of auto insurance in Oakland is $ 786 per year for minimum coverage and $ 2,380 per year for full auto insurance per year. Oakland fares are higher than the national annual average of $ 565 / $ 1,674.

How Much Car Insurance Do I Need in Oakland?

Drivers must cover a minimum of $ 15,000 in bodily injury for each person, $ 30,000 in accidental bodily injury and $ 5,000 in property damage to legally drive. However, state minimums may not be sufficient and may leave you financially responsible if you cause an accident. Additionally, if you are driving a newer vehicle that is leased or financed, your lender will likely require you to purchase comprehensive and collision coverage that will help pay for damage to the vehicle.

Methodology

Bankrate uses Quadrant Information Services to analyze rates for all postal codes and carriers in all 50 states and Washington, DC Rates shown are based on a 40 year old male and female driver with a clean driving record , good credit and the following comprehensive coverage limits:

  • $ 100,000 of civil liability per person
  • Civil liability of $ 300,000 per accident
  • Liability for property damage of $ 50,000 per accident
  • $ 100,000 in bodily injury not insured by a motorist
  • $ 300,000 in uninsured bodily injury by a motorist per accident
  • $ 500 collision deductible
  • Full $ 500 deductible

To determine the minimum coverage limits, Bankrate used minimum coverage that meets the requirements of each state. Our example drivers own a 2019 Toyota Camry, commute five days a week, and travel 12,000 miles a year.

These are sample rates and should only be used for comparison purposes. Your quotes may be different.

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