Car insurance is a legal requirement in San Francisco. The average annual premium is $ 2,441 for full insurance and $ 842 for a minimum policy. In 2017, there were 3,124 property damage accidents in San Francisco. Therefore, comprehensive car insurance with adequate protection is important.
Drivers in San Francisco pay high prices for auto insurance, but there are ways to get a cheaper premium. We did some research to determine the best cheap auto insurance in San Francisco based on factors like average prices, coverage options, discounts, customer service, and much more.
Best auto insurance in San Francisco
The best auto insurance companies in San Francisco offer sub-par premiums, generous discounts, a variety of coverage options, good third-party ratings, and great financial strength. The following table lists the four providers we recommend and their average annual full coverage and minimum coverage rate:
|insurance company||JD Power Score||Average annual premium for minimum coverage||Average annual premium for full coverage|
|Wawanesa||853/1000||$ 709||$ 1,752|
|District farm||836/1000||$ 651||$ 1,985|
|Geico||828/1000||$ 494||$ 1,596|
|Progressive||823/1000||$ 718||$ 2,001|
Wawanesa is California’s top rated insurance company for overall customer satisfaction according to JD Power. Wawanesa has some of the cheapest fares in San Francisco, and drivers can take advantage of their available discounts to save even more. There are discounts for good drivers, loyal customers, drivers over 55 who bundle their policies and insure multiple vehicles. The only downside to Wawanesa is that it has limited coverage.
State Farm is the largest auto insurance company in the country with just under 16% of the total market share. State Farm is a popular choice for auto insurance in San Francisco because of its low prices and generous discounts. You can save money by taking advantage of traditional savings or by enrolling in one of State Farm’s Safe Driver Reward Programs – Steer Clear for young drivers under 25 and Drive Safe & Save for drivers over 25.
Based on our sample listings, Geico has the cheapest policies in San Francisco with an average full insurance premium of just $ 1,596 per year. But Geico is not only characterized by low prices. The company offers many discount options. There are savings for military personnel, federal employees, employer / member groups, good students, safe drivers, vehicles with safety features, bundling your policies, and more.
Drivers in San Francisco have a great option in Progressive. In addition to great discounts, low tariffs, and flexible coverage options, Progressive also has great online tools and resources. You can use the Name Your Price tool to determine coverage within your price range and compare Progressive’s prices to competitors’ prices directly on their website. Progressive also has a highly rated app-based discount program for safe drivers called Snapshot.
Cheapest auto insurance in San Francisco
Drivers in San Francisco pay a little more for auto insurance than the average price in California, which is $ 2,065 per year for fully comprehensive insurance and $ 733 per year for minimum insurance. For comparison, the average cost of auto insurance in the US is $ 1,674 for full coverage and $ 565 for minimum coverage.
Although auto insurance is expensive in San Francisco, it is possible to find cheap auto insurance in California. The table below shows the cheapest San Francisco auto insurance rates from the most popular airlines based on market share:
|insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
|Geico||$ 494||$ 1,596|
|AAA||$ 613||$ 2,574|
|District farm||$ 651||$ 1,985|
|Progressive||$ 718||$ 2,001|
|Mercury||$ 750||$ 2,019|
Not all cheap car insurance policies are created equal. For example, Geico and State Farm offer limited coverage options. If you’re looking to purchase add-ons like Gap Insurance or Accident Forgiveness, AAA and Mercury are better options.
The same goes for discounts. While these five providers have big discounts, they offer different savings. For example, Geico is the only company that has military discounts and Progressive is the only airline that offers a discount for continuous insurance.
San Francisco insurance requirements
San Francisco drivers must purchase minimum insurance. California auto insurance requirements are represented as 15/30/5, including the following coverage:
- $ 15,000 in personal injury per person
- $ 30,000 personal injury coverage per accident
- Property Damage Coverage of $ 5,000 per accident
Motorists looking for cheap car insurance should keep in mind that while establishing a minimum insurance policy is the cheapest option, it may not provide adequate protection in the event of an accident. For example, if you meet another driver and cause more than $ 5,000 in property damage, the rest of the money will come straight out of your pocket.
Insurance companies in San Francisco recommend that most drivers upgrade to fully comprehensive insurance, which includes collision and fully comprehensive insurance to protect your vehicle. If you lease or finance your car, your lender may need to get fully comprehensive insurance until your loan is repaid.
Auto Insurance Discounts in San Francisco
Most California auto insurance companies offer discounts that can help drivers get a cheaper rate. Here are some of the discounts available in San Francisco:
- No claim discount: If you haven’t had any prior insurance claims on your record in recent years, you can likely qualify for a discount.
- Defensive driving course discount: Most insurance companies offer a discount to drivers who complete an approved defensive driving or safe driver training program.
- Pay with a full discount: If you can afford to pay your annual premium upfront and in a lump sum, you can likely get a discount on your insurance
- Multi-Policy Discount: Customers who insure their vehicle and home with the same insurance company usually receive a discount on multiple insurance policies.
frequently asked Questions
What is the best car insurance?
The best car insurance is different for every driver. Some companies have affordable pricing, some are known for great discounts, and others offer excellent customer service. Take a look around and compare providers based on your personal criteria. Receive multiple offers before choosing a policy.
What is the cost of auto insurance in San Francisco?
The average auto insurance quote in San Francisco is $ 2,441 per year for full coverage and $ 842 per year for minimum coverage. However, each driver pays a different tariff for coverage. Insurance companies take into account factors such as your age, creditworthiness, claim history, the type of coverage you need and your deductible when calculating your rate.
How Much Auto Insurance Do I Need in San Francisco?
San Francisco drivers must have at least 15/30/5 liability insurance. However, upgrading to fully comprehensive insurance and increasing your liability insurance limits is a good idea. There is no guarantee that San Francisco minimum coverage will cover the full cost of a culpable accident, and you will be financially responsible for losses in excess of the limit of your policy.
Bankrate uses Quadrant Information Services to analyze rates for all zip codes and airlines in all 50 states and Washington, DC. The stated tariffs are based on a 40-year-old driver and a 40-year-old female driver with a clean driving record, good credit rating and the following full coverage limits:
- $ 100,000 personal injury liability liability per person
- $ 300,000 personal injury liability per accident
- $ 50,000 property damage liability per accident
- $ 100,000 uninsured personal injury per person
- $ 300,000 uninsured bodily harm per accident
- $ 500 collision deduction
- $ 500 comprehensive deductible
To set minimum coverage limits, Bankrate used minimum coverage that meets the requirements of each state. Our example drivers own a 2019 Toyota Camry, commute five days a week, and drive 12,000 miles a year.
These are sample rates and should only be used for comparison purposes. Your quotes can be different.