Do you know who provides the cheapest insurance in bay area. Our record is pretty clean other than a couple of speeding tickets 2 years ago. Please give recommendations.
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- GM Financial / IT EpiyonYeah, this is pretty oversimplified and is kind of the entire point of actuarial science, which is something each insurer does independently.
That's why Allstate is cheaper for my brother, but Geico is cheaper for my sister, Progressive is cheaper for my parents, etc.
Vastly different risk levels in each driver according to their age, driving record, vehicle replacement cost, coverage levels...
Tooooooo many variables and each insurer weighs these variables differently. What you want to do is find the one that weighs your highest-risk variables the lowest...which you can't do just by asking.
If you want cheap insurance, buy a cheap car with cash and don't pay for comprehensive coverage.
Pretty much anyone will be cheap if you do it that way.
Only other advice I have is to be special in some way that qualifies you for special insurance. Example: Veterans can get car insurance from USAA, which is arguably the best insurer around.
- with 2 tickets auto insurance for 2 will cost around 2x monthly rent of decent apartment - about 5-6k per year that is