Who Has The Cheapest California Car Insurance?

Reader’s question:

Is the car insurance cheaper in California than New Jersey? What is the insurance policy and the point system in California?

Peter

It actually depends on different factors if you can get cheaper rates in California than in new jersey. But usually the California insurance is cheaper than in New Jersey.

The average insurance premiums for a California vehicle owners in 2003 was $950 while in new jersey it was $1,365. The national average on that year was $914.

Both states set at 15/30/5. The new jersey sate requires $15000 worth of personal injury insurance (pip) while it is optional in California.

California proposition 103 established guidelines in which your auto insurance rates will be determined.

Here are the primary factors:

1. the driver’s driving safety records
2. the number of miles driven annually
3. years of driving experience.

There are actually 16 secondary rating factors to determine your insurance rates and can calculate your individual premium depending on the insurance company’s filing with the California department of insurance.

Marital status, claims history, geographic area of where car, type of the vehicle are just some of the secondary factors that affects your premiums. Your driving records is a factor considered to determine your insurance rate and it is not an insurance eligibility points assigned like there are in NJ.

Goodluck!

MariCAR