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.
Compare the Cheapest Car Insurance Quotes in Simi Valley
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
- USAA: $1,150 per year (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. To find the best car insurance in Simi Valley, you should look to shop around and compare quotes.
Rates are for a 40-year-old male driver with a full coverage policy, which includes liability insurance as well as comprehensive and collision insurance so that all parties in an accident are covered.
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Average Cost of Car Insurance in Simi Valley
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.
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 90 out of 100
- GEICO: MoneyGeek score 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.
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.
Shopping around for car insurance in Simi Valley could save you $293, which is enough to buy:
Cheapest Car Insurance in Simi Valley by Coverage Amount
Your car insurance premium is impacted by the amount of coverage you purchase. In Simi Valley, a policy that offers state minimum liability coverage costs an average of $699 per year on average. In comparison, for 100/300/100 full coverage, you need to shell out $1,417, a difference of $717.
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.
In Simi Valley, AAA offers 50/100/50 liability-only coverage for $669 annually on average. This is roughly $127 more than a state minimum policy.
A 50/100/50 full coverage policy costs an average of $1,050 yearly. 50/100/50 means $50,000 is available per person for injuries, up to $100,000 total per accident and $50,000 for property damage. A 100/300/100 full coverage policy costs $120 more on average.
With liability-only policies, insurers only cover the other party’s costs if you are at fault. Full coverage offers comprehensive protection for yourself and your vehicle even in an at-fault accident. To find the cheapest car insurance in Simi Valley, shop around and compare quotes.
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 Simi Valley if You Have Driving Violations
MoneyGeek advises drivers to drive carefully so they can avoid accidents and save on car insurance costs since driving offenses can increase rates.
In Simi Valley, Esurance customers with a speeding ticket may shell out $303 more for their coverage than drivers with clean records. Similarly, those with an at-fault accident could be charged $651 more, while consumers with a DUI on their record might pay an extra $1,683 per year on average.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
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 CodeState Minimumper year
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.
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.
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