California residents in Moreno Valley might be required to pay more for their auto insurance premiums than the national average. A minimum coverage policy costs $749 annually, while full coverage policies cost around $2,129 per year. It is possible to still find the best Car Insurance Companies in Moreno Valley, which also offers affordable rates if you’re willing to compare multiple carriers.
Bankrate has compared the rates of local and national carriers using rates from Quadrant Information Services. To determine the best car insurance companies, Moreno Valley, rates are not the only factor. Other factors include financial strength, customer satisfaction, and coverages and discounts.
The best car insurance companies in Moreno Valley
The best car insurance companies of Moreno Valley offer affordable rates, a variety of discounts and coverages, as well as superior customer service ratings and financial strength ratings.
Geico, the nation’s second largest provider of auto insurance, began offering auto insurance products more than 75 years ago. Geico offers a wide range of coverage options and has a long list of discounts. These discounts can be used to lower premiums.
The AAA affiliate in Moreno Valley is the Auto Club of Southern California. Although most people associate AAA with roadside help (which is included in your auto insurance purchase), there are many coverage options and discounts. You can save up to 27% by bundling insurance products with your policy, or becoming a Good Driver which will result in a 20% discount on premiums.
Mercury auto insurance has been rated A by AM Best for financial strength. This is a testament to its financial strength. It is not the highest ranked carrier on the 2020 J.D. Mercury may be more appealing to Moreno Valley drivers because of its low rates and customer satisfaction according to the Power survey. Mercury is a specialist in high-risk drivers but coverage can be purchased by all drivers.
Wawanesa, a regional provider in California and Oregon, has been in operation since 1896. It is one of the oldest carriers that we have reviewed. The company offers many insurance products but the auto insurance is the most popular because of its high J.D. Power score for customer satisfaction among Californians. Wawanesa has an equally excellent financial strength mark, with an A rating for financial strength from the AM Best company.
Cheapest car insurance in Moreno Valley
A minimum coverage policy costs $749 annually for drivers in Moreno Valley. Full coverage policies cost around $2,129 annually. This is the average annual cost of insurance in California, at $2,065. Moreno Valley is much more expensive than the national average at $1,674 per year for a full-coverage policy.
AAA, Mercury Travelers, Progressive, AAA and Mercury all have the lowest rates among national carriers. Each company offers affordable coverage and strong financial ratings. AM Best has awarded each company an A rating for financial strength. Every carrier offers a wide range of digital assets such as a mobile app and an online portal. However, each one also uses local agents and provides 24/7 customer support.
Moreno Valley Insurance requirements
To drive legally in California , drivers must have minimum liability insurance. This coverage includes 15/30/5 in liability coverage.
- $15,000 to injure or kill one person
- $30,000 to injure or kill more than one person
- $5,000 per accident for property damage
You may be tempted to purchase only what you need to keep your budget within reach. Experts recommend that you purchase the most affordable auto insurance to ensure financial protection. Additional coverage is also required by most lenders.
Car insurance discounts in Moreno Valley
Although car insurance in Moreno Valley is more expensive than the national average there are many ways to reduce premiums including discounts. It may surprise you to see the amount of discounts available with each carrier. Make sure you review each quote carefully.
- Multi-vehicle Discount: You may be eligible for additional savings if you have multiple vehicles to insure.
- Multi-policy: You will save more if you purchase your policy from the same company as your homeowners and renters insurance.
- Safe driver: You may be eligible for an additional discount if you take part in a feedback program that records your driving habits via an app or other telematics device.
- Paid in full: Most carriers will give you an additional discount if you pay your premiums immediately before the policy period starts. You will pay more if you pay in installments.
Questions frequently asked
Which is the best auto insurance company?
It is crucial to consider factors like customer service ratings, financial strength ratings, competitive rates and digital assets in order to determine which best car insurer. A carrier is best if it benefits your driving style the most. Bankrate also looked at this information and concluded that companies such as USAA, Amica, and Geico are excellent options.
What is the cost of car insurance in Moreno Valley?
On average, car insurance in Moreno Valley is $749 per annum for a minimum coverage policy. A full coverage policy will cost drivers about $2,129 annually. Your exact rates could vary as auto insurance premiums depend on individual factors such as the driver’s driving record, zip code, and vehicle.