Oakland’s car insurance premiums average $786 per annum for minimum coverage, and $2,380 for full coverage. It’s important to understand the factors that affect the cost of car insurance in Oakland.
Accidents and claims involving speeding are a major cause of death in the city. According to the City of Oakland, speeding is a major cause of 25% of fatal crashes. You can protect yourself and your family financially by driving defensively and getting the best auto insurance in Oakland.
After reviewing the rates of over a dozen carriers, their financial strength ratings, and customer satisfaction scores, the list was narrowed to four of the most affordable Oakland car insurance companies.
Oakland’s best car insurance companies
California residents have many choices for affordable car insurance in the State. Compare multiple car insurance quotes to find the best rates. Some of the best car insurance providers in Oakland offer some of the lowest car insurance rates. These carriers are worth a look:
| Insurance company | J.D. J.D. | Minimum coverage: Average annual premium | For full coverage, the average annual premium |
|---|---|---|---|
| Geico | 828 / 1,000 | $503 | $1,732 |
| Grange Insurance | NR | $586 | $2,257 |
| Wawanesa | 853 / 1,000 | $653 | $1,699 |
| Progressive | 823 / 1,000 | $688 | $1,984 |
Geico
Geico has been voted the best affordable car insurance in Oakland, based on its rates and J.D. Discount options and power score. J.D. scores other companies higher than others on our list. While other companies on our list score higher with J.D., Geico’s rates are lower than any of the others – which helped it rise to the top. You’ll find many optional coverage options for a low-cost company that provides car insurance, including rental insurance and emergency roadside assistance.
Grange Insurance
Grange is not ranked in the J.D. Grange doesn’t rank in the J.D. Bundling insurance, accident forgiveness, and signing up for telematics may be the best ways to save.
Wawanesa
Customers who took part in the J.D. It was ranked the highest in the region in the J.D. Power customer satisfaction survey. Wawanesa has a stellar reputation for customer service. Any Oaklander looking for full coverage insurance for their vehicle will be pleased to know that the average Wawanesa full coverage rate is among the lowest (depending on your individual variables).
Progressive
Progressive rounds out our top-rated Oakland car insurance companies. Progressive’s average annual premiums compare favorably to other insurance companies on our list. Progressive claims that drivers can save $750 annually by switching to them. You can set a premium price using the Name your Price tool to determine how much coverage you can afford. Sign up for Snapshot, Progressive’s safe driving program. You can also save an average $145 annually on your premiums.
Oakland has the lowest car insurance
According to Bankrate’s data, the average cost for car insurance in California for minimum coverage is $580 and full coverage is $2,012 each year. Oakland rates are more expensive than the state average at $786 per annum for minimum coverage, and $2,380 for full coverage. The following insurance companies may be your best option to beat or match the annual state average in Oakland:
| Insurance company | Minimum coverage: Average annual premium | For full coverage, the average annual premium |
|---|---|---|
| Geico | $503 | $1,732 |
| AAA | $592 | $2,747 |
| Progressive | $688 | $1,984 |
| State Farm | $690 | $2,122 |
| Mercury | $697 | $1,940 |
All of the listed carriers have excellent financial ratings and offer affordable coverage. Mercury is an option for drivers who are having difficulty getting coverage because of traffic violations or past accidents. You will need to join a club in order to get AAA Insurance. Although Progressive, State Farm, and Geico offer lower rates, they are usually more affordable for drivers with clean driving records.
Oakland insurance requirements
California’s car-insurance requirements must be followed by Oakland drivers. The minimum amount of liability insurance required in the state’s is:
- $15,000 per person for bodily injury
- $30,000 per accident in bodily injury
- $5,000 for property damage
Basic coverage may be the best option to save money on Oakland car insurance. However, it might not be sufficient. If you are at fault for an accident, liability insurance will only cover damages to other people and property. Your policy limits will not cover expenses that you have incurred. To protect your financial future, you might consider adding coverages to your policy or purchasing full coverage.
Oakland car insurance discount
As previously mentioned, Oakland’s premiums tend to be higher than the average for the state. There are many discounts that you can take advantage of to save money on your car insurance. The following are some of the best savings:
- Bundling renters or homeowners insurance with vehicle coverage
- All your household vehicles are covered under one policy
- Low-mileage discounts are available for those who use public transport or other driving options
- Place your car in a garage
Questions frequently asked
Which is the best auto insurance company?
Oakland is home to many excellent car insurance providers. Your needs will determine which one is best. You can compare the rates and coverages of different insurance companies in Oakland, as there are many factors that affect the cost of coverage.
What is the cost of car insurance in Oakland?
Oakland’s average car insurance cost is $786 per year for minimum coverage, and $2,380 per year for full coverage. Oakland rates are more expensive than the $565/$1,674 national average.
What amount of car insurance do you need in Oakland
To legally drive, drivers must have minimum liability coverage of $15,000 for bodily injury for each driver, $30,000 per accident for bodily injury and $5,000 for property damage. The minimums set by the state may not be sufficient and you could be financially responsible for any injuries or damages you cause to others. If you are leasing or financing a vehicle of a higher-quality model, your lender may require that you have comprehensive and collision coverage to help cover the damages to the vehicle.
