What Auto Insurance is Cheapest for Hybrid Vehicles in San Jose?

For hybrids, one of the largest criteria that aid in calculating the annual cost of car insurance is the neighborhood you call home. Cities with larger populations or higher claim trends will most likely have higher rates, whereas areas that tend to be more rural tend to receive slightly lower rates.

The table below ranks the highest-priced areas in California for hybrid vehicles to buy an auto insurance policy in. San Jose is ranked at #18 with a yearly premium of $1,395 on average, which is approximately $116 each month.

Premium costs are estimated as the specific San Jose residence address can modify coverage prices noticeably.

The vehicle driven is one of the largest factors when comparison shopping for low-cost insurance for hybrid vehicles. Vehicles with higher performance characteristics, poor safety features, or a high likelihood of having liability claims will cost more to insure than more modest models. The next list presents insurance premiums for a selection of the most affordable automobiles to insure in California.

Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Premium costs do not factor in San Jose, CA location which can modify price quotes greatly.

By looking at the data, you can conclude that makes and models like the Ford Escape, Honda CR-V, and Hyundai Elantra will be some of the most economical vehicles to insure for hybrids.

Finding out which company offers the lowest-priced car insurance rates for hybrid vehicles takes a tad more effort in order to find the best price. Each company has their own guidelines to determine rates, so we will examine the lowest cost car insurance companies in San Jose, CA.

It’s a good idea to be aware that California car insurance rates are impacted by many factors which can significantly increase or decrease the price you pay. Simply getting older, becoming a homeowner, or getting a reckless driving citation can cause premium changes that may make certain companies much cheaper than others.

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USAA normally has some of the lowest car insurance rates in San Jose at around $1,121 each year. Wawanesa, CSAA, Nationwide, and Century National would also make the list of some of the more affordable San Jose, CA auto insurance companies.

In the above rates, if you currently buy coverage from Nationwide and switched to USAA, you might achieve a yearly price reduction of about $105. Policyholders with Century National might save as much as $105 a year, and 21st Century policyholders might lower prices by $204 a year.

To find out how your current rates compare, click here to start a quote or visit any of the low-priced companies below.

Understand that those premium estimates are averages for all drivers and vehicles and do not factor in an exact location for hybrid vehicles. So the car insurance company that is most affordable for your situation may not even be in the top 24 companies in the list above. That is why you need to compare rates from as many companies as possible using your own personalized driver profile and vehicle information.

Get discount San Jose car insurance

Auto insurance companies that provide policies for hybrid vehicles may additionally offer price discounts that could reduce prices by 30% or more if you qualify. A few of the larger companies and the discounts they provide are detailed below.

• American Family has discounts for mySafetyValet, bundled insurance, good driver, accident-free, air bags, and Steer into Savings.
• State Farm may include discounts for Drive Safe & Save, passive restraint, multiple policy, Steer Clear safe driver discount, and accident-free.
• 21st Century discounts include automatic seat belts, theft prevention, teen driver, air bags, and student driver.
• Travelers may offer discounts for hybrid/electric vehicle, new car, payment discounts, home ownership, student away at school, and driver training.
• GEICO offers premium reductions for daytime running lights, emergency military deployment, multi-policy, military active duty, and federal employee.

The illustration below shows the difference between insurance rates with and without discounts. The prices are based on a female driver, no violations or accidents, California state minimum liability limits, full coverage, and $100 deductibles.

The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with defensive driving course, multiple policy, multiple vehicle, marriage, safe-driver, and claim-free discounts applied. When taking advantage of discounts, theaverage amount saved on car insurance for hybrid vehicles is 28% or $905.

Drive responsibly or pay higher rates

The best way to enjoy cheap car insurance prices in California for hybrids is to pay attention while driving and avoid accidents and traffic citations. The diagram below shows how speeding tickets and at-fault fender-benders can affect premium costs for different age groups. The premium estimates are based on a married female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are factored in.

In the previous chart, the average cost of an auto insurance policy in San Jose per year with no accidents or violations is $2,121. Get one speeding ticket and the average cost jumps to $2,476, an increase of $355 each year. Now add in two accidents along with the one speeding ticket and the 12-month cost of car insurance for hybrid vehicles increases to an average of $5,689. That’s an increase of $3,568, or $297 per month, just for not keeping your driving record clean!

You may be paying too much for car insurance

San Jose car insurance rates are impacted by many things which can substantially change the cost of your policy. Simply getting older, buying a new vehicle, or getting caught speeding can produce rate changes that may make certain companies cheaper than before.

Not only that, but companies change their prices without warning to adjust for gains or losses. Unexpectedly high claims may result in additional premium costs, while lower claim levels can result in cheaper San Jose car insurance rates.

To illustrate this example, the data below demonstrates which company has the cheapest car insurance in San Jose, CA for a 30-year-old female driver with a clean driving record, no accidents, and a high credit rating. Based on her current risk factors, USAA might offer the lowest car insurance rates in San Jose at $1,247 annually. This is $404 less than the average rate paid by California drivers of $1,651. Wawanesa, Century National, Nationwide, and CSAA round out the rest of the best San Jose, CA auto insurance companies.

Let’s now give the driver from the first example an accident claim, less-than-perfect credit, and a stop sign violation. Because each insurer has a unique approach for determining rates, comparing insurance quotes may now present a different ranking of affordable companies as shown below.

Mercury now has the lowest price on auto insurance in San Jose, CA with Grange, Allstate, Progressive, and GEICO now rounding out the top five. This example proves why it is important to shop around with many companies to find the lowest car insurance rates for hybrid vehicles. Prices consist of many things and can decrease or increase without notice, so the most economical option when you last compared rates may now be one of the more expensive options.

The San Jose auto insurance agencies shown below are willing to aid you in deciding which coverages and limits you need, since lots of drivers aren’t clear which coverage they need and would like to get some guidance when trying to find the best insurance rates for hybrid vehicles. It’s not always easy to find the cheapest auto insurance company, so professional agents can bring satisfaction knowing your coverage gives you sufficient protection if you have a claim. To locate a San Jose insurance agent closest to you, click the button after the list.

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