Cheapest and Best Car Insurance in Moreno Valley, CA (July 2024)

In Moreno Valley, California, GEICO offers the cheapest minimum and full coverage car insurance policies, while Farmers is the most affordable for families with teens. Chubb provides the best customer service, and Capital Insurance Group is the top overall provider of value, balancing price and service. Choose what suits your needs and preferences.

MoneyGeek found that GEICO is Moreno Valley's cheapest car insurance option.

• GEICO: $442 per year
• Mercury: $499 per year

Chubb offers the most expensive minimum coverage policy, with an annual premium of $866. This difference of $424 between the cheapest and the most expensive options highlights the need to shop around to ensure you get the best deal for your car insurance needs.

In California, state law sets the required minimums for car insurance coverage.

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

For instance, if you carry minimum coverage and are at fault in an accident, your policy might cover up to $15,000 for one person's medical bills. But if their bills soar to $25,000, you could be paying the $10,000 difference from your pocket. Note that minimum coverage requirements are in place to protect you, but they also outline your financial responsibilities should costs exceed those limits.

MoneyGeek found that GEICO is the cheapest option in Moreno Valley for drivers seeking the cheapest full coverage car insurance. Comparison shopping could save residents a significant amount of money. These are the most affordable providers:

• GEICO: $1,200 per year
• AAA: $1,230 per year

Farmers offers the most expensive policy at $2,115 per year, $915 more than the most affordable option. This wide price range underscores the need for drivers to compare rates for full coverage insurance, which inherently costs more due to its comprehensive nature, covering a wide array of potential risks on the road.

Full coverage car insurance has elevated liability limits. It also encompasses both comprehensive and collision insurance components.

• Collision Insurance: This type of insurance covers damage to your automobile resulting from impacts with another vehicle or an object like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Insurance: This coverage applies to a range of non-collision incidents that could damage your vehicle, such as theft, vandalism, fires, natural disasters or being struck by an animal like a deer.

Opting for full coverage insurance is particularly wise if you own a brand-new vehicle, as it protects your automotive investment. Conversely, the additional cost of extensive coverage may not be justifiable for older vehicles. Determining how much car insurance you need involves weighing the higher premiums of comprehensive insurance against the risk of being underinsured with lower coverage.

MoneyGeek found that National General is the most affordable option in Moreno Valley for drivers with speeding tickets or DUIs, while Capital Insurance Group offers the lowest rate after an at-fault accident.

• Speeding Ticket: National General ($1,317 per year)
• At-Fault Accident: Capital Insurance Group ($1,692 per year)
• DUI: National General ($1,317 per year)

State Farm has the most expensive rate following a DUI, at $5,412 per year. Travelers is the most costly after a speeding ticket at $3,060 per year and an at-fault accident at $3,395 per year. Rates can differ based on the offense and the insurance provider.

In Moreno Valley and other cities, insurance rates typically climb with the severity of driving infractions due to the increased risk perceived by insurers. For example, drivers with a speeding ticket face an average annual rate of $2,192, while those with a DUI can expect their rate to surge to approximately $3,654. Individuals with driving offenses can benefit from comparing insurance rates, potentially finding substantial savings in light of their heightened premiums.

MoneyGeek found that Farmers provides the cheapest car insurance for teens in Moreno Valley. These are the two most affordable providers for families with a teenage driver:

• Farmers: $3,017 per year for female and male teens
• GEICO: $3,060 per year for female teens and $3,227 per year for male teens

These rates represent the cost of adding a teen driver to a policy with two parents. Nationwide is at the higher end of the scale, with an average annual premium of $5,141 for female and male teens. The $2,124 difference between the cheapest and most expensive providers underscores the value of comparing quotes, especially since teenage drivers present a higher risk and can significantly impact family insurance costs.

In Moreno Valley and many other cities, adding a teen to a family car insurance plan is significantly more cost-effective than purchasing an individual policy. Individual teen policies average $4,489 per year, whereas adding a teen to a family plan averages $3,764 — a $725 difference. Insurers set higher rates for individual teen policies due to the increased risk associated with inexperienced drivers, leading to a higher likelihood of accidents and claims. Approval for individual policies can also be challenging for teens due to their limited credit history and driving experience, making a family plan more viable and financially sensible.

MoneyGeek found that GEICO is the most affordable option in Moreno Valley for those seeking the cheapest car insurance for military backgrounds.

• GEICO: $1,200 per year
• AAA: $1,230 per year

While USAA ranks as the third cheapest option with an annual premium of $1,248, it is renowned for its military-specific benefits and customer service.

In Moreno Valley, finding the most affordable car insurance involves comparing rates from various companies. Comparing three or more companies might require over an hour.

MoneyGeek's car insurance calculator streamlines this task by extracting the most critical factors influencing premiums. Input parameters such as age, driving history, credit score and desired coverage level to receive a tailored rate estimate instantly.

The optimal auto insurance policy for you depends on your emphasis on service, cost, coverage, and additional factors. MoneyGeek's unique scoring system evaluates different aspects to recommend Moreno Valley's best insurers tailored to various preferences:

• Best overall: Capital Insurance Group (MoneyGeek score 83 out of 100)
• Best for service: Chubb (MoneyGeek score 94 out of 100)
• Best cheap: Capital Insurance Group (MoneyGeek score 79 out of 100)

Capital Insurance Group is Moreno Valley's leading option for overall value and affordability. For those prioritizing the best service, Chubb offers leading customer satisfaction.

MoneyGeek found that Capital Insurance Group is the top provider of the best car insurance in Moreno Valley.

• Capital Insurance Group: MoneyGeek score of 83 out of 100 ($1,434 per year)
• Chubb: MoneyGeek score of 79 out of 100 ($1,999 per year)

Capital Insurance Group distinguishes itself with high customer satisfaction and affordability, making it the top choice for motorists seeking comprehensive car insurance coverage. These factors highlight the company's commitment to delivering value and service excellence.

MoneyGeek found that Chubb is the best option in Moreno Valley for car insurance focused on customer service. This ranking is based on an evaluation that prioritizes general satisfaction, claims handling and coverage options, without considering the cost of premiums.

• Chubb: MoneyGeek score of 94 out of 100 ($1999 per year)
• Capital Insurance Group: MoneyGeek score of 82 out of 100 ($1434 per year)

Chubb distinguishes itself by achieving the highest scores in claims handling and coverage options, which are significant elements of the overall MoneyGeek score. Customers value their positive experience during the claims process and the extensive range of coverages offered, solidifying Chubb's top spot among car insurance providers in Moreno Valley.

MoneyGeek found that Capital Insurance Group is the best option in Moreno Valley for affordable and high-quality car insurance. This ranking is from evaluating various factors of a satisfying car insurance experience. Here are the top two providers:

• Capital Insurance Group: MoneyGeek score of 79 out of 100 ($594 per year)
• Mercury: MoneyGeek score of 79 out of 100 ($499 per year)

Capital Insurance Group outshines competitors due to its superior satisfaction and claims handling scores, significantly contributing to its MoneyGeek score. Note that this score is for a minimum coverage policy, indicating the company's balance of cost-effectiveness and customer service excellence.

In Moreno Valley, California, the average cost of car insurance is $1,546 per year. Compared to California's average of $1,562, Moreno Valley's average is slightly lower by $16. Furthermore, California's average cost of car insurance is $219 less than the national average of $1,781.

Car insurance premiums are influenced by various factors, including driver history, vehicle type and coverage levels. However, location plays a particularly significant role, as rates can be affected by local crime rates, weather conditions and the likelihood of accidents. For example, Santa Maria is the city with the cheapest premium at $1,251 per year. Glendale has the most expensive annual rate at $2,433. The difference between these premiums is $1,182, making it apparent how location within a state can drastically influence insurance costs. Insurance rates may be even cheaper in rural areas with lower traffic density.