The words “low-cost” and “insurance” really shouldn’t be used in the same sentence, in particular when you are searching for the best car insurance for retired military. Because it’s so expensive, let’s get started by showing you some situations that have an effect on auto insurance premiums, and find out if we can help you cut the cost of your next policy.
For veterans, one of the largest criteria that are looked at to help calculate the annual cost of car insurance is where you call home in San Francisco. More populated areas tend to have more expensive auto insurance rates, whereas areas with lower crime rates and fewer weather claims tend to receive cheaper rates.
The next table lists the highest-priced areas in California for retired military to buy car insurance in. San Francisco ranks #3 with the annual price of $1,763 for the average insurance policy, which is about $147 monthly.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Los Angeles | $2,168 |
| 2 | Glendale | $2,121 |
| 3 | San Francisco | $1,763 |
| 4 | Oakland | $1,755 |
| 5 | Sacramento | $1,652 |
| 6 | San Bernardino | $1,644 |
| 7 | Long Beach | $1,626 |
| 8 | Santa Clarita | $1,595 |
| 9 | Garden Grove | $1,554 |
| 10 | Modesto | $1,547 |
| 11 | Stockton | $1,541 |
| 12 | Fontana | $1,519 |
| 13 | Moreno Valley | $1,506 |
| 14 | Riverside | $1,497 |
| 15 | Santa Ana | $1,483 |
| 16 | Anaheim | $1,474 |
| 17 | Fresno | $1,457 |
| 18 | San Jose | $1,437 |
| 19 | Huntington Beach | $1,402 |
| 20 | Fremont | $1,389 |
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Rate quotes are approximated as specific location information can impact coverage prices considerably.
Determining which companies quote the best insurance rates for retired military takes a bit more work in order to find a policy that fits your budget. Each auto insurance company has their own guidelines for determining rates, so let’s take a look at the most competitive insurance companies in California.
We do need to point out that California insurance rates are based on many factors that may substantially change the price you pay for coverage. Improving your credit score, having a teen driver, or getting a couple of tickets can produce rate changes that may make certain companies cheaper than competitors.
Best Cheap Insurance Rates for Vets
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| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,155 |
| 2 | Wawanesa | $1,192 |
| 3 | Century National | $1,214 |
| 4 | CSAA | $1,222 |
| 5 | Nationwide | $1,226 |
| 6 | 21st Century | $1,366 |
| 7 | Grange | $1,491 |
| 8 | Mercury | $1,533 |
| 9 | Progressive | $1,542 |
| 10 | Allstate | $1,543 |
| 11 | Allied | $1,556 |
| 12 | GEICO | $1,559 |
| 13 | MetLife | $1,590 |
| 14 | The Hartford | $1,623 |
| 15 | Unitrin | $1,682 |
| 16 | State Farm | $1,750 |
| 17 | Esurance | $1,756 |
| 18 | Bristol West | $1,777 |
| 19 | Travelers | $1,842 |
| 20 | Farmers | $2,006 |
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USAA may have some of the lowest car insurance rates in San Francisco at around $1,155 annually. Wawanesa, Century National, CSAA, and Nationwide would also make the list of some of the best San Francisco, CA auto insurance companies.
In the above example, if you are a policyholder with CSAA and switched to USAA, you could realize a yearly price reduction of approximately $67. Drivers with Nationwide might save as much as $71 a year, and 21st Century policyholders might cut rates by $211 a year.
To get a fast rate comparison, click here to start your free quote or visit any of the low-priced companies below.
Remember that these policy rates are averages across all insureds and vehicles and are not factoring in a vehicle location for retired military. So the insurer that fits your needs best may not even be in the top 24 companies in the list above. That points out the importance of why you need to get quotes using your own driver data and vehicle information.
The chart below demonstrates how deductibles can change annual premium costs when quoting cheap insurance for retired military. The price estimates are based on a married female driver, full coverage, and no other discounts are factored in.
The data above shows that a 30-year-old driver could lower their policy premium by $350 a year by switching from a $100 deductible to a $500 deductible, or save $530 by selecting a $1,000 deductible. Even younger drivers, such as the 20-year-old chart data, could reduce their rates up to $750 annually by selecting a higher deductible. If you do make the decision to raise your deductibles, it is a good idea to have plenty of money set aside to allow you to pay the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.
Choosing a highly-rated insurance company is hard considering how many companies provide coverage in San Francisco. The company ratings shown below can help you select which car insurance providers to look at purchasing coverage from.
These rankings are only made up of the largest auto insurers in America, so companies that only write business in California or surrounding areas are not included in this list. To get rate quotes and find cheaper insurance for retired military, click this link.
Top 10 Large Car Insurance Companies in San Francisco Ranked by Customer Service
- AAA of Southern California
- GEICO
- State Farm
- The Hartford
- Mercury Insurance
- The General
- Progressive
- Allstate
- AAA Insurance
- American Family
Top 10 Large Car Insurance Companies in San Francisco Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA of Southern California – 92%
- AAA Insurance – 91%
- Nationwide – 90%
- State Farm – 90%
- The Hartford – 89%
- GEICO – 89%
- The General – 88%
- 21st Century – 88%
Why you are probably overpaying for car insurance
California insurance rates are based on many factors which can significantly increase or decrease the policy price. Simply turning a year older, marrying your spouse, or getting a ticket for careless driving may prompt premium changes that may make certain companies cheaper than before.
Also, insurance companies change premium rates as often as every quarter in order to maintain liquidity for claims. A period of increased losses may result in increased policy costs, while lower claim levels may produce cheaper San Francisco car insurance rates.
To illustrate this point, the chart below shows which company has the cheapest car insurance in San Francisco, CA for a 35-year-old male driver with a clean driving record, no accidents, and excellent credit. When quoting prices based on his personal profile, USAA may have the lowest car insurance rates in San Francisco at $1,500 each year. This is $151 less than the average rate paid by California drivers of $1,651. Wawanesa, Century National, Nationwide, and CSAA are the remaining cheapest San Francisco, CA auto insurance companies.
The example below compares rates after we give the driver in the first example some claims, a lower credit rating, and a few traffic violations. Due to the fact that each insurance company uses a different method for establishing rates, comparing insurance quotes may result in a new list of cheap San Francisco auto insurance companies as shown below.
Grange now has the best car insurance rate in San Francisco with Mercury, Allstate, Allied, and Progressive completing the list. This demonstrates why it is critical to compare rates to get the most economical auto insurance quotes for retired military. Insurance prices are calculated by many factors and can change without notice, so the lowest-price company when you bought your policy may now be priced much higher than other options.