The average car insurance rate in Riverside is $1,367 annually, which is cheaper than the state average. The cheapest widely available insurer is Esurance, at an average of $1,119 annually. MoneyGeek analyzed the cheapest options across coverage levels and driver profiles. For drivers looking to balance cost and quality, MoneyGeek ranked the best car insurance companies in Riverside.
bestauto insuranceRiverside2021The Cheapest and Best Car Insurance in Riverside
Cheapest Overall - Esurance
Best Overall - AAA
Cheapest State Minimum - USAA
Cheapest With a Driving Violation - Esurance
The Cheapest Car Insurance Companies in Riverside
The insurers with the lowest rates for full coverage policies in Riverside are:
- USAA: $1,100 per year (only available to current and former military)
- Esurance: $1,119 per year
Out of the 13 car insurance companies in Riverside, USAA offers the most affordable premium of $1,100 per year. However, USAA is exclusive to members or former members of the military and their families, though, so the general public may want to consider the second most affordable car insurance company in Riverside, Esurance.
Esurance offers an average annual premium of $1,119 — 48.3% lower than Allied, the most expensive car insurance company in the city.
The top five most affordable car insurance options in Riverside are USAA, Esurance, Progressive, GEICO and AAA.
To conduct this study, MoneyGeek collected average insurance rates in Riverside for a sample 40-year-old male driver with a full coverage policy, including both liability and comprehensive and collision coverage.
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- CompanyAmountper year
- 1.$1,100
- 2.$1,119
- 3.$1,150
- 4.$1,161
- 5.$1,180
Average Cost of Car Insurance in Riverside
Riverside$1,367
California$1,429
U.S.$1,424
On average, the annual car insurance rate in Riverside is $1,367, which is lower than both the state average and national average annual premiums. Generally speaking, policyholders in Riverside City pay 4.3% lower than California’s annual average rate of $1,429, and 4% lower than the nationwide $1,424 average annual rate.
The Best Car Insurance Companies in Riverside
For drivers in Riverside looking for a balance between cost and quality service, MoneyGeek ranked the best companies in the city. According to MoneyGeek’s data, the best car insurance companies in Riverside for most drivers are:
- AAA: MoneyGeek score 90 out of 100
- GEICO: MoneyGeek score 90 out of 100
USAA received the highest score in Riverside 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.
To determine final scores out of 100, MoneyGeek used data points including J.D. Power ratings for customer satisfaction, affordability and financial stability.
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 Riverside
Your personal circumstances may change over time which qualify you for discounts and other company-specific savings, so it’s best that you regularly request personalized quotes from several car insurance companies in Riverside for you to find the coverage that can meet your individual needs. annual average car insurance premium of $3,023 for an 18-year-old male driver — roughly three times as expensive as similar coverage for a 70-year-old male driver.
Your personal circumstances may change over time which qualify you for discounts and other company-specific savings, so it’s best that you regularly request personalized quotes from several car insurance companies in Riverside for you to find the most affordable coverage that can meet your individual needs.
Shopping around for car insurance in Riverside could save you $249, which is enough to buy:
83Cups of Coffee
19Months of Your Favorite Streaming Service
Cheapest Car Insurance in Riverside by Coverage Amount
In Riverside and elsewhere, the amount of coverage you buy can greatly affect your overall car insurance costs. For instance, a state minimum liability coverage policy costs an average of $635 per year, while a full coverage policy with higher liability limits costs $1,367 on average. That is a difference of $732.
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.
Different coverage levels of car insurance plans have limits when it comes to the amount they will cover. So, the question is, should you get a liability-only plan or full coverage for your car insurance plan in Riverside? You can consider the cost of the difference between the two levels of coverage.
A 50/100/50 liability-only plan means you can claim up to $50,000 in individual injuries, $100,000 for the accident and $50,000 for property damage — but this option is for paying for the other driver’s expenses, not yours. Getting the full-coverage option provides more financial protection to you and your vehicle by paying for your own costs, too.
In Riverside, a GEICO car insurance policy with 50/100/50 liability-only coverage costs $652 per year, while a full-coverage plan costs $405 more. Drivers with Travelers car insurance have the most expensive difference between minimum liability and full coverage — a $633 annual difference in car insurance premium between the two coverage types.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
Liability Only
- CompanyState Minimumper year50 / 100 / 50per year
- 1.$444$574
- 2.$476$663
- 3.$474$652
- 4.$518$630
- 5.$583$700
Full Coverage
- Company50 / 100 / 50per year100 / 300 / 100per year
- 1.$1,037$1,100
- 2.$1,049$1,150
- 3.$1,057$1,161
- 4.$1,074$1,180
- 5.$1,073$1,119
Cheapest Car Insurance in Riverside if You Have Driving Violations
Having a clean driving record is beneficial to you as it can help you in getting more affordable car insurance rates in Riverside.
In Riverside, drivers with a clean driving record will pay $1,051 less for their Progressive car insurance policy than drivers with a speeding ticket. The difference in car insurance premiums is more significant for drivers who have DUI in their driving record. AAA’s annual car insurance rate for Riverside drivers with a clean record is at $1,180, but drivers who have a DUI on their record will pay $3,647.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
- 1.$1,422$1,761$2,793
- 2.$1,202$1,917$3,108
- 3.$1,712$1,949$2,720
- 4.$1,785$2,363$2,232
- 5.$1,552$1,788$3,647
Average Cost of Car Insurance by Postal Code
Where you live in California affects the price you’ll pay for your car insurance plan. Since car insurance rates vary depending on the neighborhood’s car-related statistics and vehicular accident rates, there’s a car insurance premium difference between ZIP codes in Riverside.
Among the four ZIP codes in Riverside, drivers living in ZIP code 92509 will pay the cheapest car insurance rates at $1,322 per year. On the other hand, drivers who live in Riverside’s most expensive ZIP code, 92507, will pay $90 more in annual car insurance premiums than the drivers in 92509 pay.
- Zip CodeState Minimumper year
- 92509$1,322
- 92503$1,361
- 92504$1,375
- 92507$1,412
top ratedCar Insurance agentsRiverside2021Top Agents Offering Affordable Car Insurance in Riverside
1. Preferred Auto Insurance3501 Adams St, Ste 400, Riverside, CA, 92504
2. Speedy Insurance Agency2995 Van Buren Blvd, Ste A7, Riverside, CA, 92503
3. Scott Fowler - State Farm Insurance Agent6950 Indiana Ave, Ste 1, Riverside, CA, 92506
4. Adolfo Saldana - State Farm Insurance Agent7344 Magnolia Ave, Ste 100, Riverside, CA, 92504
5. Get Auto Registration9824 Magnolia Ave, Ste 2, Riverside, CA, 92503
Insurance Providers That Serve Riverside
Factors That Impact Insurance Costs in Riverside
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 Riverside. How Riverside 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 Riverside 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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