Best Life Insurance Companies in Chula Vista, CA for 2023

If you have life insurance, you don't have to worry about how your family will be financially supported in the event of your unexpected death. To choose the best life insurance coverage in Chula Vista, it is advisable to shop around and compare costs from different insurers.

Based on your age, gender and smoking history, you can use MoneyGeek’s guide to find the ideal life insurance company in Chula Vista.

Transamerica has the cheapest rates for $250K in coverage in Chula Vista, averaging $10 for men and $7 for women.

You can save money with a $250K policy, but this may not cover your loved one’s needs. Based on buyer profiles and state-specific factors, California recommends $1,130,000 in coverage.

For this amount, men and women in Chula Vista can get the best premiums from Transamerica for around $23 and $16, respectively.

Life insurance premiums are affected by the policy's face value and the policyholder's gender. Chula Vista women pay around 9% less for life insurance than the state average, while males pay about 8% more than the state average.

For a $250K policy, men in the city pay, on average, $18 per month compared to women's $14 monthly average.

In Chula Vista, the recommended $1,130,000 coverage policies (calculated based on per capita income from the U.S. Bureau of Economics, average age, average mortgage debt and personal debt) cost males around $47, while the average for women is $41.

Additionally, regardless of policy limits, men pay an average of $27 per month for a 10-year policy, while women pay an average of $23 per month.

Life insurance policy costs were determined by gathering 10-year term quotes from major life insurance companies in Chula Vista using average buyer profile statistics, including the average age of 30, the average weight of 179 pounds for males and 142 pounds for females, and an average coverage need of $1,130,000.

According to the total average market share, New York Life (8%), Transamerica (7%) and Northwestern Mutual (5%) are California's three most popular life insurance providers. Based on our research, the seven most popular life insurance carriers in the state make up around 39% of the market.

The following table details the market shares held by the seven most popular life insurance firms in California.

In Chula Vista, young people may get life insurance for around $18 to $29 per month. According to MoneyGeek's analysis, the following insurers provide the city's young people with the most affordable average life insurance premiums:

• Transamerica: $18 per month
• Mutual of Omaha: $20 per month

The table below allows you to compare the costs of life insurance for young adults offered in Chula Vista by various insurers.

Rates were determined by analyzing quotes for a 25-year-old male non-smoker in Chula Vista who is 5 feet 10 inches, 152 pounds and purchases a 20-year term contract at the average coverage need of $360,000. We chose a 20-year term to provide a longer coverage period for a younger buyer.

Chula Vista's seniors can expect to spend anywhere from $41 to $94 per month for life insurance. MoneyGeek found that, on average, the following companies offer the most affordable life insurance quotes in Chula Vista for seniors:

• Transamerica: $41 per month
• MassMutual: $44 per month

The table below lists the top-rated and cheapest life insurance companies in Chula Vista for seniors.

Rates were determined by analyzing quotes for a 60-year-old male non-smoker in Chula Vista who is 5 feet 10 inches, 179 pounds and purchases a 10-year term contract at the average coverage need of $107,000.

Life insurance premiums for Chula Vista’s smokers average between $156 and $234 per month. According to MoneyGeek, the following are the cheapest average life insurance providers for smokers in the city:

• Transamerica: $156 per month
• Nationwide: $171 per month

You will find a listing of Chula Vista life insurance providers that are the best and cheapest for smokers below.

Rates were determined by analyzing quotes for a 30-year-old male smoker in Chula Vista who is 5 feet 10 inches and 179 pounds that purchases a 20-year term contract at the average coverage need of $1,130,000. If you are a smoker, we suggest buying a longer-term (20-year) policy to provide longer coverage as rates for smokers increase dramatically as you age.

MoneyGeek determined the recommended life insurance coverage by factoring in per capita income from the U.S. Bureau of Economic Analysis, average mortgage debt, average personal debt and average age. Keep in mind that each buyer is unique and may need more or less coverage depending on their specific circumstances.