California is a huge state, so it only makes sense that it also has a handful of car insurance providers - more than fifty, in fact. But with a statewide average premium of $1,962, the California is undeniably one of the most expensive places to insure your car.
Not all hope is lost, though - it can be easy to find a car insurance company that fits your needs AND proves affordable for you, depending on the type of driver you are . Here are our picks for the top car insurance providers in California.
How did we make this list? We first found the top companies based on in-state market share. We then compared their compared their financial strength, coverage options, and customer service ratings.
GEICO proves to be one of the best choices for young drivers.
- Low premium quotes (especially for young drivers)
- Offers more discounts than any other insurance provider
- High claims satisfaction and customer service rating
- Just about none. GEICO is currently unparalleled in both price and customer service.
Combined, Interinsurance Exchange of the Automobile Club and AAA Northern form the largest California automobile insurer, with a market share of 15.73 percent.
- Highest in customer satisfaction
- Highest ratings in claims handling by J.D. Power and Consumer Reports readers
- To purchase AAA through insurance, your license must be more than three years old and you cannot have a speeding ticket or an at-fault accident in the past three years
- Offers cheaper insurance than the larger companies for members, but isn't the cheapest
The second largest auto insurance company in California (14.4 percent market share)
- Offers antique and classic car insurance coverage, in addition to basic insurance
- Low complaint ratio
- Offers large variety of insurance options
- Quotes for middle-aged drivers are competitive with AAA
- Offers more discounts for teen drivers
- Highest number of "justified complaints" leveled against Statefarm (according to Consumer Reports in 2016)
- Middle-of-the-pack when it comes to overall pricing
Allstate is the fourth-largest auto insurance company in California, with a market share of 6.7 percent.
- Reputable brand
- Offers "gap coverage," which negates the effects of depreciation for new cars if they're totaled in the first year
- One of the most expensive in quotes
- Second-highest Justified Complaint Ratio in 2016
Farmers has the third-largest market share in California at 12.1 percent.
- Above-average Consumer Reports overall score of 89
- Offers the second-most discounts (behind GEICO)
- High premium prices in California
- Ranks below average for claims satisfaction