The words “bargain” and “auto insurance” really don’t belong together, specifically when looking for the best insurance rates for drivers over age 60. To save some money, let’s lead off by showing you some of the things that help determine car insurance prices, and see if you can take the sting out of the next policy you buy.
The make and model of vehicle needing coverage is a significant factor when shopping for cheaper insurance for drivers over age 60. Vehicles with limited speed and performance, advanced safety features, or a track record of few liability claims will cost substantially less to insure than fast, unsafe models. The information below presents coverage premiums for a selection of the most cost-effective vehicles to insure in California.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord LX 4-Dr Sedan | $715 |
| Honda CR-V EX-L 4WD | $732 |
| Ford Escape XLT 4WD | $741 |
| Volkswagen Jetta S 2.5 Station Wagon | $776 |
| Toyota Prius | $790 |
| Ford F-150 STX Regular Cab 4WD | $803 |
| Ford Explorer XLT AWD | $809 |
| Dodge Grand Caravan CV | $803 |
| Ford Edge SEL AWD | $830 |
| Chevrolet Impala LS | $839 |
| Honda Odyssey EX W/Rear Entertainment | $830 |
| Ford Focus SE 4-Dr Sedan | $839 |
| Chevrolet Malibu Hybrid | $846 |
| Toyota Tacoma Double Cab 4WD | $852 |
| GMC Sierra SLE Regular Cab 2WD | $846 |
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Premium data assumes married male driver age 60, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Rate information does not factor in specific Bakersfield, CA garaging location which can modify auto insurance rates substantially.
Based upon the table data, you can assume that makes and models like the Honda Accord, Honda CR-V, Ford Escape, and Volkswagen Jetta should be a few of the most economical vehicles to insure for older drivers.
One of the many considerations that are looked at to determine the annual cost of car insurance is where you call home in Bakersfield. Areas with more people or higher crime rates are more likely to have higher rates, whereas areas that tend to be more rural benefit from lower prices.
The information below shows the most expensive places in California for drivers over age 60 to purchase auto insurance in. Bakersfield makes the list at #22 with an annual rate of $1,353 for coverage, which is around $113 per month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Los Angeles | $2,146 |
| 2 | Glendale | $2,121 |
| 3 | Sacramento | $1,703 |
| 4 | San Francisco | $1,693 |
| 5 | Oakland | $1,687 |
| 6 | Stockton | $1,588 |
| 7 | San Bernardino | $1,580 |
| 8 | Fontana | $1,566 |
| 9 | Long Beach | $1,562 |
| 10 | Garden Grove | $1,554 |
| 11 | Santa Clarita | $1,548 |
| 12 | Moreno Valley | $1,536 |
| 13 | Modesto | $1,532 |
| 14 | Fresno | $1,517 |
| 15 | Santa Ana | $1,497 |
| 16 | Riverside | $1,497 |
| 17 | Anaheim | $1,474 |
| 18 | Irvine | $1,384 |
| 19 | San Jose | $1,381 |
| 20 | Huntington Beach | $1,374 |
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Table data uses approximated as the specific Bakersfield residence address can raise or lower coverage rates noticeably.
Deciphering which company offers the best car insurance rates for drivers over age 60 will take a tad more effort than just comparing rates from one or two companies. Each auto insurer uses a little different formula for determining prices, so let’s rank the most budget-friendly car insurance companies in California.
Find the Cheapest Auto Insurance for Age 60+
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,155 |
| 2 | Wawanesa | $1,157 |
| 3 | Century National | $1,178 |
| 4 | CSAA | $1,222 |
| 5 | Nationwide | $1,263 |
| 6 | 21st Century | $1,325 |
| 7 | Grange | $1,433 |
| 8 | Mercury | $1,533 |
| 9 | Progressive | $1,542 |
| 10 | Allstate | $1,543 |
| 11 | GEICO | $1,575 |
| 12 | MetLife | $1,590 |
| 13 | The Hartford | $1,591 |
| 14 | Allied | $1,603 |
| 15 | State Farm | $1,682 |
| 16 | Unitrin | $1,750 |
| 17 | Esurance | $1,756 |
| 18 | Bristol West | $1,849 |
| 19 | Travelers | $1,860 |
| 20 | Farmers | $1,966 |
| Quote Your Rates Go | ||
USAA generally has some of the lowest car insurance rates in Bakersfield at around $1,155 per year. This is $496 less than the average rate paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide also qualify as some of the more affordable Bakersfield, CA auto insurance companies.
As the rates illustrate above, if you are currently insured with Nationwide and switched to Wawanesa, you could earn a yearly price reduction of about $106. Insureds with 21st Century might save as much as $168 a year, and Grange customers might see rate reductions of $276 a year.
To get a quick, customized rate comparison, click here to begin a quote or visit several of the following companies.
These policy rates are averaged for all ages of drivers and types of vehicles and do not take into consideration a vehicle location for drivers over age 60. So the auto insurance company that can offer the best rates for your situation may not even be in the top 24 companies in the list above. That point stresses why you need to compare prices as often as possible using your own driver information and specific vehicle type.
Ratings for Bakersfield car insurance companies
Buying coverage from a highly-rated insurance provider is difficult considering how many companies are available to choose from in Bakersfield. The company ratings in the lists below could help you choose which auto insurers you want to consider when insurance shopping for drivers over age 60.
The rankings below are only made up of the largest companies in the United States, so smaller companies are not included in this list. If you wish to compare rates from the insurers below and more, follow this link.
Top 10 Major Auto Insurance Providers in Bakersfield Ranked by Value
- USAA
- American Family
- The Hartford
- AAA of Southern California
- Titan Insurance
- The General
- AAA Insurance
- State Farm
- Mercury Insurance
- Nationwide
The example below demonstrates how choosing different deductibles can raise or lower insurance costs when searching for cheap insurance for drivers over age 60. The data assumes a married female driver, full physical damage coverage, and no discounts are factored in.
The chart above illustrates that a 40-year-old driver could pocket $300 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $456 by switching to a $1,000 deductible. Younger drivers, like the 20-year-old category, can cut up to $750 or more just by using higher deductibles.
If you do make the decision to raise your deductibles, it will be required to have enough spare savings to pay the extra out-of-pocket expense. This is the primary disadvantage of choosing high deductibles.
Shop around and save
Bakersfield car insurance rates are influenced by many factors that may substantially change the cost of a policy. Simply having another birthday, filing a claim, or getting a couple of tickets can cause premium changes that may make certain companies more affordable than others. In addition, auto insurance companies amend premium rates multiple times each year to adjust for heavy claims or excess profits. Heavy losses may result in rate hikes, while profitable underwriting can produce cheaper Bakersfield car insurance rates.
The graph below compares the cheapest car insurance in Bakersfield, CA for a 45-year-old male driver with no accidents, a clean driving record, and a good credit history. Based on his current risk profile, USAA may offer the most affordable car insurance rates in Bakersfield at $1,192 per year. This is $459 less than the average price paid by California drivers of $1,651. Century National, Wawanesa, CSAA, and Nationwide round out the rest of the cheapest Bakersfield, CA auto insurance companies.
In this example, we will give the driver from above a claim or two, bad credit, and a speeding citation. Since each auto insurance company uses a different method for determining rates in each state, comparing quotes could result in a substantially altered list of the cheapest Bakersfield car insurance companies as shown below.
Grange now has the best insurance rate in Bakersfield, CA with Mercury, GEICO, Allied, and Progressive also being competitive. This example shows why Bakersfield drivers need to compare rates to get the most budget-friendly insurance quotes for drivers over age 60.
Insurance rates can be altered by many risk factors and change dramatically, so the most affordable company the last time you compared rates may now be quite expensive.