Riverside drivers are required to have car insurance in order to cover their legal and financial liability in the event that an accident occurs. Although the number of California accidents has decreased by 5.1% between 2018-2019, there is still a risk of an accident. Riverside’s average car insurance cost is $739/year for minimum coverage, and $2,049/year for full coverage.
Riverside drivers who are looking for car insurance have many options. However, not all Riverside car insurance companies are created equal. We conducted extensive research to determine the best Riverside car insurance companies using criteria such as average rate, discounts, and third-party ratings.
Riverside’s best car insurance companies
California residents can find the best car insurance in Riverside through Wawanesa. Geico. Progressive. State Farm. Mercury. J.D. rates these providers above average in customer satisfaction. Power & Assocites has reliable coverage. Many of these providers offer lower rates than average and great discounts to help you save even more.
Wawanesa
J.D. J.D. Power’s 2021 U.S. Auto Insurance Study was released to assess customer satisfaction in California. The company offers the best car insurance in Riverside and also offers discounts to help you save even more. Wawanesa offers discounts to good drivers, loyal customers and affinity group members.
Geico
Geico is known for being the most affordable insurance company. However, it is highly rated for customer satisfaction. Geico is known for its extensive list of discounts. These include savings for military personnel, federal employees, affinity groups and vehicles with safety features. Geico has a few drawbacks. Drivers who only need basic coverage will not be able to get endorsements.
Mercury
Mercury, a Los Angeles-based insurer, offers great discounts and flexible coverage. You can save money by enrolling in autopay and paying your premium in full. There are also discounts for student drivers. Riverside residents who don’t drive often can also consider Mercury. Mercury’s mileage-based rewards program called RealDrive can reduce your rate depending on how many miles you drive each year.
Progressive
Progressive Riverside is a top-rated car insurance company for Riverside drivers looking for innovative online tools and resources. The Name Your Price Tool allows you to create a policy that suits your budget and compare Progressive’s rates with prices from competitors on the website. Progresisve also offers amazing discounts such as Snapshot, a safe driver discount program that can save you an average $146 on your policy.
State Farm
State Farm is recommended for Riverside young drivers and safe drivers. State Farm is the only company that offers safe driver rewards programs, Steer Clear for drivers younger than 25 and Drive Safe & Save (for drivers older than 25). State Farm offers standard discounts for being claim free, bundling policies, good students, and many other things. You can also add roadside assistance and car rental coverage to your policy.
Riverside has the cheapest car insurance
The average cost for car insurance in Riverside was only slightly less than the $2,065/year California average rate. Riverside residents pay much more for car insurance than the average American. The average cost of car insurance in the United States for full coverage policies is $1,674 annually.
There are some car insurance companies that are more affordable than others in Riverside. Below is a table that highlights the best Riverside car insurance rates based on market share.
Riverside drivers are often looking for the lowest car insurance in California. However, it is important that you consider other factors than price. AAA, Progressive, or Travelers are good options if you’re looking for endorsements. Mercury and Geico offer very limited endorsements.
Although all these providers offer huge discounts, the savings are different. Geico, for example, is the only company that offers a discount to military personnel and federal employees. Travelers, on the other hand, is the only one that offers special savings for owners of hybrid and electric vehicles.
Riverside insurance requirements
California’s requirements for car insurance are lower than those in other states. Riverside drivers must have at least 30/5 personal liability car insurance. This includes the following coverages.
- $15,000 per person in bodily injury coverage
- $30,000 per accident in bodily injury coverage
- $5,000 in property damage coverage per accident
You will pay the lowest rate if you choose a policy with minimum coverage. It is strongly recommended that drivers buy more coverage than is necessary.
Riverside’s liability-only policy does not guarantee sufficient protection in the case of an at-fault incident. You will be responsible for any excess damages beyond your policy’s limits. Drivers who lease or finance their vehicle often have to purchase full coverage insurance until the loan is paid in full.
Riverside car insurance discounts
Many California car insurers offer discounts that can help Riverside motorists save money. The following are some of the most sought-after car insurance discounts:
- Discount for policy bundling: Drivers who have their car and home insured with the same insurer can often get a substantial discount.
- Discount on defensive driving courses: Riverside drivers who successfully complete a approved defensive driving course often get a discount on their car insurance.
- No claim discount: Most insurance companies will reduce your rate if you have not had any insurance claims in the past few years.
- Vehicle safety discount: Insurance companies often offer discounts for cars that are equipped with safety features like anti-locks and anti-theft devices.
Riverside drivers can get lower car insurance rates by improving their credit scores. This is another way to save money. To get a lower monthly cost, you can increase your deductible.
Questions frequently asked
Which is the best auto insurance company?
The best auto insurance company is determined by factors specific to each driver. These include where you live, what you are willing to spend, and what coverage you require.
Riverside: How much do I need car insurance?
Riverside drivers must have personal liability insurance of at least 15/30/5. It is worth considering increasing your liability coverage to provide more protection, or upgrading to full coverage.
