Santa Clara's average annual auto insurance premium of $1,244 is less than the state average of $1,429. According to MoneyGeek's analysis, Esurance is the cheapest car insurance company in Santa Clara, evaluated based on various coverage levels and driver profile. You can easily find an insurer that offers a combination of affordability and excellent service by using MoneyGeek's ratings for the best car insurance companies in Santa Clara.
Compare the Cheapest Car Insurance Quotes in Santa Clara
The Cheapest and Best Car Insurance in Santa Clara
The Cheapest Car Insurance Companies in Santa Clara
If you're looking for a full coverage car insurance policy in Santa Clara, the following two companies will give you the cheapest quotes:
- Esurance: $940 per year
- Progressive: $970 per year
Affordability is a factor to consider while looking for the best car insurance. For most drivers, Esurance offers the cheapest car insurance policy in Santa Clara, while Allied has the most expensive quote. A similar policy from Allied costs $701 more or 74.6% more per year than what you have to pay with Esurance on average.
To find these rates for a full coverage policy, a 40-year-old male driver was considered. The policy comes with liability coverage that covers injuries and damages caused to others or their property and comprehensive and collision coverage that covers your injuries and the damages incurred to your car.
Scroll for more
Average Cost of Car Insurance in Santa Clara
Santa Clara's average car insurance rate is lower than the state and national averages. The annual average car insurance rate in Santa Clara is $1,244. This is 12.9% lower than the state average of $1,429 per year for a comparable policy in California and 12.6% lower than the national annual average of $1,424.
The Best Car Insurance Companies in Santa Clara
MoneyGeek used a unique rating system to evaluate and rank the top car insurance companies in Santa Clara. Our analysis on the best car insurance providers will help you find one that offers a balance of affordability and quality service. As per MoneyGeek, the following two companies are the best car insurance providers in Santa Clara:
- Auto Club of Southern California Insurance Group: 90 out of 100
- GEICO: 90 out of 100
MoneyGeek used factors, such as J.D. Power's consumer satisfaction, affordability and financial stability to rate the car insurance companies. USAA was named the best car insurance provider in Santa Clara, with a score of 100 out of 100. However, we did not rank the company as the best overall insurer in Santa Clara because they only serve current and former military members and their families.
Personalized Quotes to Get You the Cheapest Car Insurance in Santa Clara
The annual auto insurance cost in Santa Clara is influenced by a variety of factors, such as age, gender, location/ZIP code, driving record, driving history, coverage level, car make and model as well as miles driven per year. You should always obtain a personalized car insurance quote from the insurance companies that you're comparing.
For example, Esurance will quote you an average rate of $940 per year if you are a 40-year-old male driver in Santa Clara. The insurance quote can rise or fall in response to a change in any of the factors we’ve listed above.
From time to time, insurance companies offer discounts or rebates on their insurance policies. If you regularly compare car insurance quotes, you can obtain the best and the cheapest car insurance rates in Santa Clara. Besides, you will also get to know whether you qualify for any discounts that the companies offer.
Shopping around for car insurance in Santa Clara could save you $304, which is enough to buy:
Cheapest Car Insurance in Santa Clara by Coverage Amount
In Santa Clara and elsewhere, the amount of coverage you buy makes a great difference to the insurance cost. Car drivers in Santa Clara will have to pay an average of $588 per year for a policy meeting California's state minimum requirements. And for a full coverage policy with higher liability limits, the price comes with a difference of $656 more, which is $1,244 per year on average.
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.
While affordability must always be your top priority, you should also consider whether the coverage you purchase will meet your needs as a driver. If you're a driver in Santa Clara looking for the cheapest car insurance policy, you can get a state-minimum liability-only policy from Progressive for $424 per year on average.
If you need additional protection, you should go for a liability-only policy with a 50/100/50 coverage or a full coverage policy with a 50/100/50 or 100/300/100 coverage. A liability-only policy will only cover injuries and damages to other people or property if you are at fault for the accident. A 50/100/50 policy provides up to $50,000 per person with $100,000 coverage for all parties involved in the accident and a $25,000 property damage limit. A full coverage policy costs more because it covers the costs of all crash-related damages, regardless of who caused them. It also protects your vehicle against theft, fire, vandalism, and natural disasters.
For Santa Clara’s drivers, a full coverage policy from Progressive costs about $325 more per year than a liability-only policy with 50/100/50 coverage. In comparison, a full coverage policy with higher liability limits, costs an extra $395 per year on average.
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 Santa Clara if You Have Driving Violations
Drivers with clean driving records may be eligible for lower rates from Santa Clara's car insurance companies. If you are fined for one or two traffic violations, such as speeding, being at fault in an accident or DUI (driving under the influence), your car insurance premiums will be more than a person with a clean record.
A policy from Esurance can cost you an average of $940 per year if you have a clean driving record, while a speeding ticket on your driving record can cost you an additional $247 per year on average. Drivers with a DUI record will have to pay an additional $1,385 per year on average for a comparable policy. In addition, if the driver is at fault in an accident, the same policy could cost them $517 per year on average.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
Your ZIP code or the neighborhood in which you live can affect your car insurance cost too. Factors such as car thefts, accidents and claims history vary by neighborhood and companies consider the statistics of these risk factors before providing you with an insurance quote. If you live in one of the high-risk ZIP codes, insurers may charge you more for auto insurance. Similarly, if you live in a low-risk ZIP code, you may be eligible for lower auto insurance rates.
The average auto insurance rates in Santa Clara differ by ZIP code, as well. MoneyGeek compared two ZIP codes from Santa Clara and found that residents of ZIP code 95051 will pay an average of $1,232 for auto insurance per year, which is $24 more than residents of ZIP code 95050 pay on average. Although the difference of $24 is negligible, the scenario can change based on the updated crime and accident statistics.
- Zip CodeState Minimumper year
Factors That Impact Insurance Costs in Santa Clara
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 Santa Clara. How Santa Clara 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 Santa Clara 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
- Kaiser Family Foundation. "2019 Employer Health Benefits Survey." Accessed January 16, 2020.