Cheapest and Best Car Insurance Companies in Torrance, CA

In Torrance, GEICO is the most affordable option for minimum coverage car insurance and MoneyGeek's winner for the best overall and cheapest car insurance categories. National General provides the best rates for full coverage, drivers with traffic infractions and military drivers. State Farm is the least expensive insurer for teen drivers. Chubb is the best choice for those interested in quality service. However, the most affordable option may vary depending on your needs and driving profile.

The following companies offer the cheapest minimum coverage auto insurance in Torrance:

• GEICO: $420 per year
• Progressive: $480 per year

Chubb is Torrance's most expensive car insurance provider, with an average yearly rate of $841 as of October 2022.

In California, state law requires that minimum coverage insurance includes:

• $15,000 bodily injury liability per person
• $30,000 bodily injury liability per accident
• $5,000 property damage liability per accident

If you are at fault in an accident, liability-only coverage will cover the other driver's damages up to the specified limit. For example, your insurer will pay up to $15,000 in medical expenses for each person injured, with a maximum of $30,000 for the entire incident. Any costs beyond that amount are your responsibility.

Torrance’s cheapest full coverage auto insurance providers are:

• National General: $947 per year
• Progressive: $1,057 per year

Chubb is Torrance's most expensive full coverage insurer, charging an average annual rate of $1,936 as of October 2022.

A full coverage policy includes comprehensive and collision insurance.

• Collision Insurance: Covers the cost of repairs to your vehicle in the event of a collision.
• Comprehensive Insurance: Covers the cost of repairs or replacement of your vehicle due to theft, vandalism or other non-collision-related damage.

While a full coverage policy may provide peace of mind, it may not be worth the cost for older vehicles. The policy could cost more per year than the car is worth.

National General offers the cheapest insurance for drivers with violations in Torrance.

• Speeding ticket: National General ($994 per year)
• At-fault accident: National General ($1,404 per year)
• DUI: National General ($994 per year)

The most expensive car insurers for motorists with poor driving records are Chubb at $2,544 after a speeding ticket, Kemper at $3,337 after an accident and Hartford at $5,617 after a DUI. Even the lowest rates for drivers with infractions will be higher than rates for those with clean records.

Generally, the more severe the driving infraction, the more the premiums increase (though this is not always the case). In Torrance, you’ll pay $596 more after a speeding ticket and $903 more after a DUI. Nevertheless, it is still possible to find affordable car insurance premiums even if you have a less-than-ideal driving history.

For a 16-year-old teenage driver on a family policy, the most affordable car insurance providers are:

• State Farm: $2,984 per year for male and female teens
• Farmers: $3,146 per year for male and female teens

Nationwide is the most expensive at $5,066 annually. The rates for male and female teens are the same in Torrance. Usually, companies have higher rates for male teens because they are considered riskier to insure, but this gap closes in early adulthood.

Adding a teen driver to a family's auto insurance plan in Torrance can save families up to $673 a year compared to purchasing an individual policy. Families should shop for the most affordable insurance for teen drivers to find the best deal available.

For active or retired military personnel and their families living in Torrance, the most affordable auto insurance companies are:

• National General: $947 per year
• USAA: $961 per year

The above rates are for full coverage policy. GEICO is the most affordable minimum coverage, costing $420 annually, followed by USAA, with an annual rate of $432.

Getting online auto insurance quotes in Torrance can take more than 15 minutes per company and requires you to input a great deal of personal information. MoneyGeek's car insurance calculator can simplify the process; our calculator uses your age, vehicle type, driving record and coverage preferences to generate rates from various insurers quickly.

The best car insurance depends on the level of importance you place on service, affordability, coverage and other factors. MoneyGeek determined that the best car insurance companies in Torrance are:

• Best overall: GEICO (MoneyGeek score of 72 out of 100)
• Best for service: Chubb (MoneyGeek score of 76 out of 100)
• Best cheap: GEICO (MoneyGeek score of 78 out of 100)

A company’s MoneyGeek score can vary for each category, depending on how we weigh service, affordability and other factors. CSAA is the cheapest car insurance provider in California, although where you live in the state impacts your rates. For those with a military background, USAA is the best option, with a MoneyGeek score of 84 out of 100.

The best car insurance companies in Torrance that balance affordability and quality services are:

• GEICO: MoneyGeek score of 72 out of 100 ($1,068 per year)
• Progressive: MoneyGeek score of 71 out of 100 ($1,057 per year)

GEICO earned excellent affordability and satisfaction scores to emerge as Torrance's best overall auto insurance company. USAA is the best option for those with a military background. The insurer has a MoneyGeek score of 84 out of 100 and costs an average of $961 per year.

Without considering cost, the best companies for customer service in Torrance are:

• Chubb: MoneyGeek score of 76 out of 100 ($1,936 per year)
• Capital Insurance Group: MoneyGeek score of 68 out of 100 ($1,421 per year)

Although Chubb offers superior policyholder satisfaction and claims processing compared to the other 14 insurers analyzed, its prices are much higher than all its competitors.

The cheapest minimum coverage providers in Torrance are:

• GEICO: MoneyGeek score of 78 out of 100 ($420 per year)
• Progressive: MoneyGeek score of 72 out of 100 ($480 per year)

The state's mandated minimum liability coverage plans may be the most affordable, but they don’t provide extensive protection against liability costs or cover damages to your car in an at-fault accident.

As of October 2022, the average cost of car insurance in Torrance is $1,351 each year, which is $36 less than the median rate in California ($1,387 per year) and $86 higher than the national average rate ($1,265 per year).

This rate is for a full coverage policy that includes $100,000 in bodily injury liability per person, $300,000 in bodily injury liability for every accident and $100,000 in property damage liability per incident.

Although car insurance in California is more expensive than the national average, the rates in Torrance are slightly lower than in other places in the state due to the city’s low population, crime and accident rates. Location is only one of the many factors affecting the cost of car insurance.