Compare the Cheapest Car Insurance Quotes in Torrance

Car insurance in Torrance costs an average of $1,408 per year, which is cheaper than the state average. Esurance is the most affordable company at $1,003 per year. MoneyGeek analyzed the cheapest insurer by coverage amount and driving history to find the best rates for you. MoneyGeek also recommended the best options that balance quality and affordability.

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Insurance Rates

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

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Last Updated: 5/16/2022
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The cheapest car insurance companies in Torrance may vary depending on your elected coverage and driver profile. Esurance is the cheapest overall and for drivers with a speeding ticket. For state minimum insurance, Progressive is the cheapest. For military families, USAA may be a cheap option. MoneyGeek also found AAA to be the best insurer balancing cost and customer service.

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The Cheapest and Best Car Insurance in Torrance

The Cheapest Car Insurance Companies in Torrance

The best option for people looking for cheap car insurance in Torrance with full coverage are:

  • Esurance: $1,003 per year
  • Progressive: $1,060 per year

Based on average rates, Esurance coverage is the most affordable in Torrance. It is approximately 76.3% cheaper than a similar policy with Farmers, the most expensive insurer. Full coverage refers to insurance that has comprehensive and collision insurance. But prices may vary depending on how much liability insurance you choose.

Cheapest Car Insurance in Torrance
Full Coverage 100/300/100
  • Company
    100/300/100per year
  • 1.
    Esurance
    $1,003
  • 2.
    Progressive
    $1,060
  • 3.
    USAA
    $1,144
  • 4.
    MetLife
    $1,246
  • 5.
    GEICO
    $1,256
  • 6.
    AAA
    $1,271
  • 7.
    Mercury
    $1,361
  • 8.
    Allstate
    $1,406
  • 9.
    State Farm
    $1,491
  • 10.
    Hartford
    $1,584
  • 11.
    Allied
    $1,702
  • 12.
    Travelers
    $1,744
  • 13.
    Farmers
    $1,768

In analyzing car insurance in Torrance, MoneyGeek collected average rates for a 40-year-old male driver in the city with a full coverage policy based on our methodology.

Full auto insurance coverage refers to a policy that protects you against possible financial expenses due to damages to your car. It is typically more expensive than state minimum coverage because it features the following coverages:

  • Comprehensive Insurance: covers expenses incurred for repairs or replacement of your vehicle after a non-accident incident like theft and vandalism
  • Collision Insurance: covers expenses related to vehicle damages due to a collision with another vehicle or an object

If you have an older car and are paying more for insurance than the car is worth, opting for liability-only insurance or state minimum coverage may be a better option.

Compare Car Insurance Rates in Torrance

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 Torrance for Minimum Coverage

Generally, the cheapest option is to buy minimum coverage only. The most affordable car insurance companies in Torrance are:

  • Progressive: $459 per year
  • GEICO: $522 per year

If you are from a military family, USAA may also be a cheap option. It has an average annual rate of $485.

Progressive coverage costs approximately $501 less than the average rate from Farmers, which is the most expensive for minimum coverage. While state minimum insurance is the most affordable option, you risk not being fully covered because it does not include comprehensive and collision insurance and has low levels of liability coverage. Toggle the table to see how liability coverage affects costs.

Cheapest Minimum Liability Car Insurance in Torrance
State Minimum

California’s minimum car insurance includes 15/30/5 liability limits. Choosing this type of policy is the cheapest option and can help you save on your monthly bills, but you may pay more out of pocket in the event of an accident.

For example, if an at-fault accident causes a total of $40,000 in medical bills, your policy will only cover up to $30,000 and you will have to pay the remaining $10,000 out of pocket.

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 Torrance if You Have Driving Violations

Having driving violations like speeding tickets, DUIs and at-fault accidents on your record can increase the cost of your car insurance in Torrance. The cheapest companies in the city are:

  • Cheapest after a ticket: Esurance, $1,269 per year
  • Cheapest after an at-fault accident: Esurance, $1,569 per year
  • Cheapest after a DUI: Mercury, $2,228

USAA is the most affordable option for Torrance drivers with a speeding ticket. However, USAA policies are only available to military families.

You can improve your driving record over time to get cheaper insurance. In the meantime, you can find cheap car insurance in Torrance for drivers with bad records by shopping around.

Cheapest Car Insurance in Torrance With a Violation
Speeding Ticket

Average Cost of Car Insurance in Torrance

Torrance$1,408
California$1,429
U.S.$1,424

The average cost of car insurance in Torrance is $1,408 per year, lower than both the average for California and the country as a whole. In comparison, Torrance drivers pay approximately 1.5% cheaper than the state average and 1.1% less than the average auto insurance cost in the United States.

Personalized Quotes to Get You the Cheapest Car Insurance in Torrance

Several factors affect car insurance quotes in Torrance. Insurance providers typically consider age, gender, car make and model, coverage level and ZIP code when calculating rates. Regularly comparing personalized quotes from different insurers can help you find the best option for your circumstances at a fair price. It will also help you figure out whether you qualify for any discounts and rebates.

Compare Car Insurance Rates in Torrance

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 Torrance

For Torrance drivers looking for a balance of affordability and quality service, MoneyGeek ranked the best insurance providers in the city.

Based on MoneyGeek’s scoring system, the best car insurance in Torrance are:

  • AAA: MoneyGeek score of 90 out of 100
  • GEICO: MoneyGeek score of 90 out 100

USAA, the highest-scoring company, was not listed best because it only caters to military members, veterans and their families.

MoneyGeek calculated scores based on J.D. Power user satisfaction, affordability and financial stability.


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

Where you live in Torrance can also have an impact on the cost of your insurance. Insurers consider differences in car theft incidents, accident statistics and other location-related factors, so average car insurance rates may vary depending on the ZIP code.

The cheapest neighborhood in the city is 90503, which has an average rate of $1,382 per year. Meanwhile, residents with ZIP code 90501 pay $51 more.

  • Zip Code
    State Minimumper year
  • 90503
    $1,382
  • 90501
    $1,433

Factors That Impact Insurance Costs in Torrance

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 Torrance. How Torrance 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 Fatalities265th/300
handcuffs2 icon
Most Car Thefts210th/300
uninsured icon
Most Uninsured Motorists by State12th/50
insurance2 icon
Personal Injury Protection RequiredNo
rain icon
Most Annual Rainfall247th/300
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Most Rainy Days260th/300

Methodology and Assumptions

MoneyGeek’s average premium rates for Torrance 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.