The average car insurance rate in El Monte is $1,591 annually, which is 11.3% higher than California’s average. The cheapest insurer is Esurance, costing an average of $1,110 yearly. Several policies with varying coverage amounts and driving histories were analyzed to help you find the best rates. If you value cost and quality, MoneyGeek also ranked the best car insurance companies in El Monte.
bestauto insuranceEl Monte2021The Cheapest and Best Car Insurance in El Monte
Cheapest Overall - Esurance
Best Overall - Auto Club of Southern California Insurance Group
Cheapest State Minimum - USAA
Cheapest With a Driving Violation - Esurance
The Cheapest Car Insurance Companies in El Monte
After comparing policies from the best car insurance companies in El Monte, MoneyGeek determined that, on average, the following insurers are the cheapest:
- Esurance: $1,110 per year
- USAA: $1,193 per year (only available to former and current military members and their families)
Comparing car insurance quotes in El Monte allows you to find the best rates since carriers offer different prices. For example, a policy from Allied costs an average of $1,971 annually. This is 77.6% higher than Esurance.
A full coverage policy for a 40-year-old male with coverage for the cost of damages to others and damages to his own car was used to calculate El Monte prices.
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- CompanyAmountper year
- 1.$1,110
- 2.$1,193
- 3.$1,250
- 4.$1,416
- 5.$1,456
Average Cost of Car Insurance in El Monte
El Monte$1,591
California$1,429
U.S.$1,424
Car insurance rates vary by state. In California, most people pay an average of $1,429 per year. The average car insurance rate in El Monte is 11.3% higher than California’s and costs $1,591 annually. Compared to the national average, which costs $1,424 yearly, El Monte’s rate is 11.7% higher.
The Best Car Insurance Companies in El Monte
Drivers often look for carriers that offer excellent service and affordable rates. In MoneyGeek’s analysis, the best car insurance companies in El Monte that balance both are:
- Auto Club of Southern California Insurance Group: MoneyGeek Score of 90 out of 100
- GEICO: MoneyGeek Score of 90 out of 100
USAA came out on top but may not be the best option for El Monte drivers since their policies are only available to military members and their families.
MoneyGeek used a rating system that considers financial stability, affordability and J.D. Power’s user satisfaction.
1
USAA
Score:100
2
Auto Club of Southern California Insurance Group
Score:90
3
GEICO
Score:90
4
Wawanesa
Score:88
5
State Farm
Score:88
6
Ameriprise
Score:85
7
Hartford
Score:85
8
Progressive
Score:83
9
Allstate
Score:83
10
Safeco
Score:80
11
CSAA
Score:78
12
Liberty Mutual
Score:78
13
Farmers
Score:78
14
Mercury
Score:78
15
Nationwide
Score:75
16
Kemper
Score:70
Personalized Quotes to Get You the Cheapest Car Insurance in El Monte
Insurers consider several factors when calculating car insurance rates in El Monte. These include your driving record and experience, credit score, marital status and more. Since these factors can change over time, it’s encouraged to compare personalized quotes from various carriers regularly. You may earn savings from discounts and rebates.
Shopping around for car insurance in El Monte could save you $481, which is enough to buy:
160Cups of Coffee
37Months of Your Favorite Streaming Service
Cheapest Car Insurance in El Monte by Coverage Amount
The amount of coverage you want to purchase is a key factor when car insurance rates in El Monte are computed. A policy with higher coverage limits has a more expensive premium. In El Monte, car insurance policies that meet California’s minimum insurance requirement cost $747 per year. If coverage limits increase to full coverage with 100/300/100 limits, the premium becomes $844 higher, costing $1,591 annually.
California Minimum Liability Requirements
- ItemDescription
- Bodily Injury and Property Damage$15,000 per person, $30,000 per accident and $5,000 for property damage. A more protective level is 100/300/100.
If you’re looking for cheap car insurance in El Monte, purchasing a liability-only policy with 50/100/50 coverage is a good option. It protects you against the cost of damages up to $50,000 from medical bills, $100,000 for each accident, and $50,000 from property damage. If you want to have coverage against damages to your vehicle, a full coverage policy is a better choice.
An example is Esurance, which offers a liability-only policy with 50/100/50 coverage for an average of $723 annually. This is about $120 more annually than a state minimum liability-only policy.
For an additional $336 a year, you can purchase a full coverage policy with the same limits costing roughly $1,059. If you want 100/300/100 limits, you’ll pay $1,110 per year on average.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
Liability Only
- CompanyState Minimumper year50 / 100 / 50per year
- 1.$492$637
- 2.$603$723
- 3.$536$751
- 4.$597$830
- 5.$703$970
Full Coverage
- Company50 / 100 / 50per year100 / 300 / 100per year
- 1.$1,122$1,193
- 2.$1,059$1,110
- 3.$1,134$1,250
- 4.$1,314$1,456
- 5.$1,311$1,416
Cheapest Car Insurance in El Monte if You Have Driving Violations
Your driving record also impacts the cost of car insurance rates in El Monte. The most affordable premium is offered to drivers with no violations and is from Esurance, costing $1,110 per year on average. In comparison, the rate for drivers who have DUIs on their records is roughly $1,661 more per year.
Having speeding tickets also affects car insurance quotes in El Monte. It raises rates by $298 annually on average. If you’re at fault for an accident, the price is about $635 higher.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
- 1.$1,408$1,745$2,771
- 2.$1,304$2,087$3,385
- 3.$2,059$2,730$2,576
- 4.$2,396$2,611$3,003
- 5.$2,149$2,454$3,436
Average Cost of Car Insurance by Postal Code
Insurers use your ZIP code to determine the level of risk in your location when calculating car insurance premiums in El Monte. Neighborhoods where vandalism or car thefts often occur have higher rates. It is the same for areas with denser populations. You can compare car insurance rates in California using postal codes.
In El Monte, there is a $46 difference between the ZIP codes 91732 and 91731. Drivers in the 91732 area pay, on average, $1,568 per year, while those in 91731 have an average rate of $1,614 yearly, which is $46 more.
- Zip CodeState Minimumper year
- 91732$1,568
- 91731$1,614
Insurance Providers That Serve El Monte
Factors That Impact Insurance Costs in El Monte
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of car thefts also contribute to car insurance rates in El Monte. How El Monte ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for El Monte are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
About the Author
sources
- Kaiser Family Foundation. "2019 Employer Health Benefits Survey." Accessed January 16, 2020.