Compare the Cheapest Car Insurance Quotes in Simi Valley, CA

The average cost of car insurance in Simi Valley is $1,417 per year on average, which is 0.8% cheaper than the state average. The most affordable provider in the city is Esurance, with average annual prices of $1,124. MoneyGeek assessed the cheapest companies by driving history and coverage amount. To help you balance affordability with quality, MoneyGeek recommended the best insurers in Simi Valley.

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Last Updated: 5/16/2022
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In Simi Valley, Esurance has the cheapest rates for full coverage and for drivers with a speeding ticket with an annual cost of $1,124 and $1,427, respectively. AAA is the cheapest for state minimum with an annual cost of $542. MoneyGeek found Auto Club of Southern California Insurance Group as the best for balancing affordability and customer service.

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The Cheapest and Best Car Insurance in Simi Valley

The Cheapest Car Insurance Companies in Simi Valley

For a full coverage policy, the cheapest companies on average in Simi Valley are:

  • Esurance: $1,124 per year
  • AAA: $1,170 per year

USAA is the second cheapest in the state at $1,150 per year. However, it was taken out from the rankings as it is only available to military members and their families.

The least expensive provider’s rates are 49.7% lower than the costliest carrier, Allied, with average premiums of $1,683 annually. A full coverage policy includes liability insurance as well as comprehensive and collision insurance so that all parties in an accident are covered.

Cheapest Car Insurance in Simi Valley
Full Coverage 100/300/100
  • Company
    100/300/100per year
  • 1.
    Esurance
    $1,124
  • 2.
    USAA
    $1,150
  • 3.
    AAA
    $1,170
  • 4.
    MetLife
    $1,238
  • 5.
    Progressive
    $1,244
  • 6.
    Mercury
    $1,337
  • 7.
    GEICO
    $1,349
  • 8.
    Allstate
    $1,463
  • 9.
    State Farm
    $1,490
  • 10.
    Hartford
    $1,602
  • 11.
    Farmers
    $1,640
  • 12.
    Travelers
    $1,664
  • 13.
    Allied
    $1,683

As stated in our methodology, rates are for a 40-year-old male driver with a full coverage policy.

A full coverage policy is much more expensive than a state minimum as it combines basic liability insurance with collision and comprehensive insurance. These coverages specifically pay for different types of damages:

  • Collision Insurance: Pays for damages related to collision with other vehicles or stationary objects like a tree, city property, etc.
  • Comprehensive Insurance: Pays for damages outside collisions such as theft, vandalism, hail, natural disasters, etc.

Before you choose between a full coverage and a state minimum, you should assess whether your premiums are worth paying to repair your car. If you have an old car, you may end up paying more for a full coverage than your car’s value. In this case, you should get a state minimum coverage instead.

Compare Car Insurance Rates in Simi Valley

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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Insurance Rates

Cheapest Car Insurance in Simi Valley for Minimum Coverage

Drivers looking for affordable insurance may take a look at state minimum policies. In Simi Valley, the following companies with the cheapest policies are the following.

  • AAA: $542 per year
  • Esurance: $650 per year

USAA is much more affordable with an annual cost of $487 on average. However, it is not widely available and limited only to military members. Farmers, the most expensive option in Simi Valley, costs $888 per year—which is $346 more than the cheapest provider, AAA.

Though the most affordable, a state minimum policy does not have a collision and comprehensive insurance and has low levels of liability coverage. If you think that a state minimum is currently the best match for your needs, adjusting your liability coverage might be a good idea to get better protection. Toggle on the table to see how much it costs to up your liability coverage.

Cheapest Minimum Liability Car Insurance in Simi Valley
State Minimum

Getting a state minimum policy can help you with your monthly costs but it carries some risk. Aside from paying only the damages for the other driver, the coverage limit may not be enough in case of serious accidents. Consider an example where you’ve been in a wreck and caused bodily injuries amounting to $20,000. Since California state liability limits only cover up to $15,000, you will have to pay the excess $5,000 out-of-pocket, apart from your own medical bills.

California Minimum Liability Requirements

  • Item
    Description
  • 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.

Cheapest Car Insurance in Simi Valley if You Have Driving Violations

Rates are usually higher for drivers with a driving violation as they are riskier to insure. The cheapest policies in Simi Valley are from the following companies:

  • Cheapest after a ticket: Esurance, $1,427 per year
  • Cheapest after an at-fault accident: Esurance, $1,775 per year
  • Cheapest after a DUI: Mercury, $2,187 per year

USAA has a much cheaper rate for drivers with speeding tickets at $1,258 per year. If you have military affiliations, consider taking advantage of this cheap policy. It takes a minimum of one year to render driving violations obsolete on your record. You can save on premiums by practicing good driving habits, but in the meantime, finding the cheapest rates after a violation is the best solution.

Cheapest Car Insurance in Simi Valley With a Violation
Speeding Ticket

Average Cost of Car Insurance in Simi Valley

Simi Valley$1,417
California$1,429
U.S.$1,424

Average car insurance rates in Simi Valley are $1,417, which is 0.5% less than the national average and 0.8% lower than the state average. You should shop for car insurance by comparing quotes from several companies to find the best rates.

Personalized Quotes to Get You the Cheapest Car Insurance in Simi Valley

MoneyGeek advises drivers to get customized quotes because factors such as age, driving history, gender, car make and model and more influence car insurance prices. Drivers should also get quotes regularly to check if they qualify for discounts, rebates and other savings. To find the best coverage and rates, you should ideally compare car insurance quotes from multiple companies.

Compare Car Insurance Rates in Simi Valley

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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Insurance Rates

The Best Car Insurance Companies in Simi Valley

To help you find quality service at the cheapest rates, MoneyGeek ranked the best providers in Simi Valley. Our unique scoring system found that the top-ranking carriers in the city are:

  • Auto Club of Southern California Insurance Group: MoneyGeek score of 90 out of 100
  • GEICO: MoneyGeek score of 90 out of 100

Note that USAA is actually the best-ranking company in Simi Valley, but it only serves veterans, current military members and their families. The methodology behind MoneyGeek’s score includes J.D. Power user satisfaction, financial stability and affordability.


1
USAA
Score:100

5/5

Affordability

5/5

Claims Ratings

5/5

User Satisfaction

A++

Financial Stability

2
Auto Club of Southern California Insurance Group
Score:90

4/5

Affordability

5/5

Claims Ratings

4/5

User Satisfaction

A

Financial Stability

3
GEICO
Score:90

4/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A++

Financial Stability

4
Wawanesa
Score:87.5

5/5

Affordability

4/5

Claims Ratings

4/5

User Satisfaction

A-

Financial Stability

5
State Farm
Score:87.5

3/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A++

Financial Stability

6
Ameriprise
Score:85

4/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A

Financial Stability

7
Hartford
Score:85

3/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

8
Progressive
Score:82.5

4/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

9
Allstate
Score:82.5

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

10
Safeco
Score:80

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

11
CSAA
Score:77.5

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

12
Liberty Mutual
Score:77.5

3/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

13
Farmers
Score:77.5

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

14
Mercury
Score:77.5

3/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

15
Nationwide
Score:75

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

16
Kemper
Score:70

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A-

Financial Stability

Average Cost of Car Insurance by Postal Code

Your ZIP code in Simi Valley has a slight impact on your car insurance cost. This is because factors such as the number of accidents, car thefts, uninsured motorists and others play a role in auto insurance rates.

In Simi Valley, the 93065 neighborhood is likely safer as its residents are charged $39 less per year on average for their car insurance coverage compared to the slightly more expensive 93063 locality.

You can compare car insurance quotes in California to find the best rates.

  • Zip Code
    State Minimumper year
  • 93065
    $1,397
  • 93063
    $1,436

Factors That Impact Insurance Costs in Simi Valley

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 Simi Valley. How Simi Valley ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities290th/300
handcuffs2 icon
Most Car Thefts94th/300
uninsured icon
Most Uninsured Motorists by State12th/50
insurance2 icon
Personal Injury Protection RequiredNo
rain icon
Most Annual Rainfall227th/300
umbrella icon
Most Rainy Days260th/300

Methodology and Assumptions

MoneyGeek’s average premium rates for Simi Valley 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


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.


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