Car insurance in Oakland costs an average of $1,494 per year, which is 4.6% more than the state average. The insurer with the lowest car insurance rates in the city is Esurance, at an average of $1,084 per year. To help you secure the best rates, MoneyGeek rated the cheapest insurance carriers in Oakland based on driving history and the coverage amount. If you are looking for quality service and affordable car insurance coverage, MoneyGeek recommends the best options in Oakland.
Compare the Cheapest Car Insurance Quotes in Oakland, CA
The Cheapest and Best Car Insurance in Oakland
The Cheapest Car Insurance Companies in Oakland
Oakland insurers that offer drivers the cheapest premiums for a full coverage policy are:
- Esurance: $1,084 per year
- Progressive: $1,097 per year
MoneyGeek utilized a sample 40-year-old male driver profile to estimate the average car insurance costs in Oakland. In this study, the driver has a full coverage policy that provides both liability insurance and comprehensive and collision insurance.
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Average Cost of Car Insurance in Oakland
Drivers living in Oakland tend to pay more than what other drivers in California pay. The average car insurance rate in Oakland is $1,494, which is 4.6% more expensive than the state average. It is also 4.9% more expensive than what most drivers in the country pay.
The Best Car Insurance Companies in Oakland
MoneyGeek rated the best auto insurance companies in Oakland to ensure that you can easily find high-quality, affordable coverage. According to our exclusive rating system, the best car insurance in the city is from:
- AAA: MoneyGeek score of 90 out of 100
- GEICO: MoneyGeek score of 90 out of 100
USAA received the highest score in Oakland by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.
MoneyGeek analyzed multiple factors when coming up with these scores, including user satisfaction, financial stability and affordability scores from J.D. Power.
Personalized Quotes to Get You the Cheapest Car Insurance in Oakland
If you are looking to buy an auto insurance policy in Oakland, you must request personalized quotes from car insurance companies. Doing so will give you better chances of securing a deal that is best for you because there are a lot of factors that affect the insurance rate, such as your ZIP code, age, driving record, driving experience, coverage level and more. You may also want to request quotes as your circumstances change, as you might be eligible for a much cheaper rate from other providers, as well as discounts or rebates.
Shopping around for car insurance in Oakland could save you $411, which is enough to buy:
Cheapest Car Insurance in Oakland by Coverage Amount
In Oakland and elsewhere in California, the cost of car insurance depends on the amount of coverage you purchase. A minimum liability policy, for instance, costs roughly $652 per year, while a full coverage policy that provides higher limits costs an average of $1,494 per year. That is $843 more than the minimum coverage.
California Minimum Liability Requirements
- 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.
The average car insurance rates in Oakland for state minimum liability coverage can go as low as $448, which is what Progressive offers. For some drivers, that may be enough. If you add a bit more, you can get 50/100/50 for $614 from Progressive, which means that for one person’s injury, you can claim up to $50,000; for all the injuries in the accident, you can claim $100,000; and another $50,000 for damages in your car. For a 50/100/50 full-coverage plan, it will cost $1,019 for Progressive customers in Oakland.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
- CompanyState Minimumper year50 / 100 / 50per year
- Company50 / 100 / 50per year100 / 300 / 100per year
Cheapest Car Insurance in Oakland if You Have Driving Violations
What goes into your driving record can also impact the costs of car insurance you can buy. Esurance provides Oakland residents the most affordable rate for drivers who have no traffic violations: $1,084 a year. If you have speeding tickets, though, you need to pay an extra $292. If you are at fault in an accident, you may end up paying $1,699. Likewise, DUI may result in a $1,619 premium.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
Car insurance companies in Oakland also consider your ZIP when determining your premium. Companies make that rate decision based on the number of accidents in the area, car-theft incidents, the condition of the roads and traffic density among others. Car insurance rates in the city based on ZIP code ranges from $1,296 to $1,643. That’s a $347 difference between the cheapest and most expensive ZIP code.
- Zip CodeState Minimumper year
Top Agents Offering Affordable Car Insurance in Oakland
Factors That Impact Insurance Costs in Oakland
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents also contribute to car insurance rates in Oakland. How Oakland 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 Oakland 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.
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