Deciding which insurers offer the most affordable auto insurance rates with multiple speeding tickets will involve a little more work in order to find the most economical policy.
Every insurance provider uses their own formula to set premium rates, so we need to take a look at the auto insurance companies with the most affordable rates in San Francisco, CA. It’s important to know that San Francisco, CA auto insurance rates are calculated based on many things which can substantially change the cost of coverage. Simply having a birthday, moving to a different location, or getting a DUI can trigger changes in premium that can make some companies much cheaper than others.
Find the Cheapest Car Insurance with License Points
USAA offers some of the lowest car insurance rates in San Francisco at around $1,109 annually. Wawanesa, Century National, CSAA, and Nationwide would also be considered some of the most economical San Francisco, CA insurance companies.
In the rate table above, if you currently buy coverage from CSAA and switched to USAA, you could earn savings of roughly $125. Customers with Nationwide may save as much as $141 a year, and 21st Century customers might reduce rates by $216 a year.
Remember that these rates are averaged across all types of drivers and the different vehicles they drive and and are not figured with a specific location with multiple speeding tickets. So the insurer that fits your needs best may not even be in the list above. That helps illustrate why you need to quote rates from as many companies as possible using your own individual information.
After a few driving violations, one of the big things that help determine auto insurance rates is where you live. Cities with more crime and/or more people tend to have higher rates, whereas areas with less congestion benefit from lower coverage costs.
The illustration below lists the most expensive places in California with multiple speeding tickets to purchase auto insurance in. San Francisco comes in at #5 with an annual cost of $1,693 for the average policy, which is around $141 per month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Los Angeles | $2,104 |
| 2 | Glendale | $2,058 |
| 3 | Oakland | $1,738 |
| 4 | Sacramento | $1,720 |
| 5 | San Francisco | $1,693 |
| 6 | San Bernardino | $1,644 |
| 7 | Long Beach | $1,562 |
| 8 | Stockton | $1,556 |
| 9 | Moreno Valley | $1,551 |
| 10 | Riverside | $1,542 |
| 11 | Santa Clarita | $1,533 |
| 12 | Modesto | $1,532 |
| 13 | Garden Grove | $1,524 |
| 14 | Fontana | $1,519 |
| 15 | Fresno | $1,502 |
| 16 | Santa Ana | $1,483 |
| 17 | Anaheim | $1,474 |
| 18 | San Jose | $1,423 |
| 19 | Huntington Beach | $1,416 |
| 20 | Bakersfield | $1,394 |
| Compare Prices Now Go | ||
Premium amounts are approximated as the vehicle garaging location can affect premiums noticeably.
Careless driving habits raise San Francisco auto insurance rates
The best way to enjoy the most affordable auto insurance rates after a few driving violations is to be a safe driver and avoid tickets and accidents. The illustration below shows how traffic citations and accidents impact insurance prices for different insured age categories. The data is based on a single male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied to the premium.
The data charted above shows the average cost of auto insurance per year with no accidents and a clean driving record is $3,147. Get one speeding ticket and the average cost increases to $3,548, an increase of $400 each year. Then throw in one accident along with the one speeding ticket and the annual cost of auto insurance with multiple speeding tickets jumps again to an average of $4,673. That’s an increase of $1,526, or $127 per month, just for being a less-than-perfect driver!
Insuring your vehicle with the highest-rated car insurance company can be rather challenging considering how many different companies insure vehicles in San Francisco. The ranking data in the next section could help you choose which companies you want to consider when comparing rate quotes.
The rankings below are only comprised of large insurance companies, so smaller companies that only insure vehicles in California are not taken into consideration for these rankings. To view rates from these and other top-rated companies, just click here.
Top 10 Major Auto Insurance Companies Overall in San Francisco
- USAA
- American Family
- AAA of Southern California
- State Farm
- The Hartford
- AAA Insurance
- GEICO
- The General
- Titan Insurance
- Progressive
Top 10 Major Auto Insurance Companies in San Francisco Ranked by Value
- USAA
- American Family
- The Hartford
- AAA of Southern California
- Titan Insurance
- The General
- AAA Insurance
- State Farm
- Mercury Insurance
- Nationwide
Full coverage versus liability-only in San Francisco
Finding cheaper auto insurance should be important to the majority of vehicle owners, and a great way to buy cheaper insurance with multiple speeding tickets is to not insure for full coverage. The illustration below compares insurance costs when comparing full coverage to liability only. The premium estimates are based on no claims, a clean driving record, $500 deductibles, drivers are single, and no discounts are factored in.
If we average the cost for ages 20 through 70, full coverage costs an extra $2,075 per year over having just liability coverage. That may make you wonder when is the right time to remove full coverage. There is no definitive rule that is best for determining when to drop comp and collision coverage, but there is a general school of thought. If the yearly cost of comp and collision coverage is 10% or more of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.
For example, let’s pretend your vehicle’s replacement cost is $8,500 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would receive is $7,500 after the deductible is paid. If you are currently paying more than $750 a year for your policy with full coverage, then you may need to consider dropping full coverage.
Ideas for buying cheaper car insurance with multiple speeding tickets
The list below summarizes some of the recommended money-saving solutions that can help you locate cheap auto insurance.
- Prevent rate increases by staying accident-free
- Higher physical damage deductibles lower rates
- Pay for small claims rather than turning them in to your insurance company
- Ensure your driving record is clean
- If your vehicles are older, consider dropping full coverage
- Compare prices frequently to find the best deal
The last item on the list is highly crucial, as we emphasized in this write-up. Rates go up and down frequently, so drivers shouldn’t be resistant to switch companies if a better rate can be found. Loyalty to a specific company is fine, but it’s not recommended if that stubbornness costs you a fortune every year. If you have a few minutes, now is a great time to shop around to find cheaper auto insurance with multiple speeding tickets in San Francisco.