The ideal insurance depends on your needs and driving record. GEICO and National General have the cheapest auto insurance in Thousand Oaks for minimum and full coverage, respectively. National General is also the best for drivers with violations. USAA is optimal for military drivers, while State Farm is the best for teen drivers. Chubb provides the best service, and GEICO is the best overall.
Cheapest and Best Car Insurance in Thousand Oaks, CA








Cheapest Minimum Liability Car Insurance in Thousand Oaks
MoneyGeek’s analysis shows the following companies offer the cheapest minimum coverage auto insurance in Thousand Oaks:
- GEICO: $445 per year
- AAA California: $486 per year
Chubb provides the city's most costly minimum coverage at $816 annually as of October 2022.
California law requires car insurance policies to have the following minimum liability limits:
- $15,000 bodily injury liability per person
- $30,000 bodily injury liability per accident
- $5,000 property damage liability per accident
If your bodily injury liability is $30,000 per accident and $15,000 per individual, your insurance provider will only pay $15,000 in damages to any victims and up to $30,000 per accident. All additional costs become your responsibility.
Cheapest Full Coverage Car Insurance in Thousand Oaks
Based on our assessment, the following companies provide the cheapest full coverage auto insurance in Thousand Oaks:
- National General: $1,007 per year
- AAA California: $1,122 per year
Farmers has the city's most expensive annual rates for full coverage at $1,849 as of October 2022.
Full coverage car insurance includes comprehensive and collision coverage.
- Collision Insurance: Covers crashes with other moving vehicles and solid objects, such as posts.
- Comprehensive Insurance: Covers theft and non-collision damage, such as weather occurrences.
Full coverage offers extra security, but if your car is old, full coverage insurance may cost more than the car is worth.
Cheapest Car Insurance in Thousand Oaks After a Driving Offense
Drivers with the following offenses on their records can find the least expensive auto insurance in Thousand Oaks from National General:
- Speeding ticket: National General ($1,059 per year)
- At-fault accident: National General ($1,497 per year)
- DUI: National General ($1,059 per year)
Among the most expensive options for those with driving violations are Farmers ($2,557 for a speeding ticket), Kemper ($3,752 for an at-fault accident) and Hartford ($5,946 for a DUI). Even the cheapest insurance will cost more after a driving violation.
The degree of the driving violation will dictate the amount your insurance rates increase. In Thousand Oaks, a speeding ticket will result in a $587 premium hike, while a DUI will result in a $2,013 rate increase. You can still find the cheapest auto insurance regardless of your poor driving record.
Cheapest Car Insurance in Thousand Oaks for Teens and Their Families
The following are the cheapest auto insurance providers in Thousand Oaks when teens are added to a family policy:
- State Farm: $3,024 per year for female and male teens
- GEICO: $3,323 per year for female teens and Farmers: $3,386 per year for male teens
Male adolescent drivers typically pay higher rates because they are considered more dangerous drivers. The second-cheapest rates from GEICO and Farmers are an example of price variation based on sex. This difference evens out by early adulthood. Nationwide has the highest prices for both female and male teenagers in Thousand Oaks, at $5,202 per year.
Buying a separate plan for a teen is considerably more expensive than adding them to a family policy. For example, in Thousand Oaks, you can save an average of $673 by adding a male teen to the family’s policy. Compare the cheapest teen car insurance to find the best option for your family.
Cheapest Car Insurance in Thousand Oaks for Military Drivers
Drivers in Thousand Oaks with a military background can purchase the cheapest full coverage car insurance from these leading providers:
- USAA: $952 per year
- National General: $1,007 per year
USAA is a nationwide car insurance company that provides coverage to those in the military and their families. It is also the city’s least expensive option for minimum coverage at $425 annually.
How to Compare Cheap Thousand Oaks Car Insurance Quotes Online
Getting insurance quotes online can take up to 15 minutes per company and requires you to input quite a bit of personal information. MoneyGeek's insurance calculator quickly estimates your rates based on just your coverage needs, age, vehicle type and driving record.
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Best Car Insurance in Thousand Oaks: Summary
The best car insurance for you will depend on how you weigh affordability, service and coverages. MoneyGeek identified the best insurers in Thousand Oaks as follows:
- Best overall: GEICO (MoneyGeek score of 71 out of 100)
- Best for service: Chubb (MoneyGeek score of 76 out of 100)
- Best cheap: GEICO (MoneyGeek score of 78 out of 100)
When assessing the standard of service companies' offer, we did not consider affordability. Despite having some of the highest prices in Thousand Oaks, Chubb received the highest client satisfaction rating.
Best Overall Car Insurance in Thousand Oaks
Of the 15 companies we evaluated, the following providers offer the overall best auto insurance in Thousand Oaks:
- GEICO: MoneyGeek score of 71 out of 100 ($1,131 per year)
- National General: MoneyGeek score of 68 out of 100 ($1,007 per year)
GEICO received the highest ranking for its remarkable affordability, stability and customer satisfaction scores.
How was this MoneyGeek score calculated?

pros
Third-cheapest rate, at $1,131 per year
Good customer satisfaction rating
Offers unique add-on coverage selections
cons
Poor claims management score
Limited coverage options
COMPANY HIGHLIGHTS
GEICO is MoneyGeek’s pick for the overall best auto insurance in Thousand Oaks. This company has an excellent client satisfaction rating and is reasonably priced at $1,131 per year, the third-lowest rate in the city.
GEICO’s add-on coverages are accident forgiveness, antique car insurance, rental car reimbursement, mechanical breakdown insurance and roadside assistance. These coverages are far fewer than those offered by other insurance companies in Thousand Oaks.
However, GEICO's mechanical breakdown coverage is a unique coverage that protects your car’s parts and systems at a lower cost than the typical dealer warranty. Your car must be less than 15 months old with under 15,000 miles to qualify for this coverage.
Best Car Insurance in Thousand Oaks for Customer Service
Without considering price, the following providers emerged as the best auto insurance in Thousand Oaks for customer service:
- Chubb: MoneyGeek score of 76 out of 100 ($1,848 per year)
- Capital Insurance Group: MoneyGeek score of 68 out of 100 ($1,554 per year)
Despite having one of the most expensive rates in the city, Chubb constantly earns excellent customer service and claims handling scores.
How was this MoneyGeek score calculated?

pros
Ranked #2 for customer satisfaction out of 15 companies
Provides unique coverage options
Strong claims management rating
cons
Does not offer some of the standard coverages
One of the most expensive insurance rates
COMPANY HIGHLIGHTS
Among the 15 insurance providers assessed, Chubb provides the best customer service in Thousand Oaks. The insurer received excellent marks for claims handling and client satisfaction.
Chubb provides unique coverages, such as antique/classic car, original equipment manufacturer (OEM) and diminished value coverages. Other providers in the city do not offer these add-ons. However, Chubb lacks the majority of standard add-on coverages, only offering rental car and/or travel reimbursement.
Chubb’s insurance premiums are also some of the most expensive in the city, with a yearly average of $1,848. The insurer offers several discounts to help lower rates, including discounts for having anti-lock brakes, anti-theft systems, daytime running lights or honing devices.
Best Cheap Car Insurance in Thousand Oaks
The following insurers provide the best minimum coverage car insurance in Thousand Oak, as mandated by the state of California:
- GEICO: MoneyGeek score of 78 out of 100 ($445 per year)
- AAA California: MoneyGeek score of 70 out of 100 ($486 per year)
While minimum coverage is affordable, it does not cover damages to your car or provide adequate liability coverage.
How was this MoneyGeek score calculated?

pros
An affordable minimum coverage policy costs $445 per year
Provides many customer discounts
Above-average rating for customer service
cons
Lacks some of the standard coverages other companies offer
Weak claims management rating
COMPANY HIGHLIGHTS
At $445 per year, GEICO provides the best cheap minimum coverage car insurance in Thousand Oaks. The company is also well known for providing excellent customer service, assisting policyholders through a mobile app and offering an online calculator and online bill payment.
GEICO offers discounts to teachers, members of the military, federal employees and senior drivers. In addition, airbags, bundling, good grades, safe driving, defensive driving courses and anti-theft systems also qualify for discounts. Other discounts include those for new cars, anti-lock brakes, seat belt use and daytime running lights.
Average Cost of Car Insurance in Thousand Oaks
The average yearly car insurance cost in Thousand Oaks is $1,408 as of October 2022. This cost is significantly higher than the California and national averages of $1,387 and $1,265, respectively. These price differences illustrate how location can affect insurance costs. Full coverage rates include $100,000 bodily injury liability per person, $300,000 injury liability per accident and $100,000 property damage liability.
About Mark Fitzpatrick
