Who Has Cheap Oakland Auto Insurance Rates for Drivers with Good Credit?

The words “economical” and “insurance” probably shouldn’t be used in the same sentence, in particular when comparison shopping for the best price on coverage for drivers with good credit. Because it’s so expensive, let’s start the ball rolling by going over a few of the factors that help determine auto insurance rates, and see if we can help you lower the price of your next policy.

Shopping around for low-cost insurance is hard enough, and figuring out which companies have the cheapest car insurance rates for drivers with good credit involves even more diligence. Each insurer has a different formula to determine premium rates, so let’s take a look at the car insurance companies with the most affordable rates in Oakland, CA.

It’s a good idea to be aware that Oakland, CA car insurance rates are determined by lots of factors that can increase the price you pay. This price variation is why it is important to compare lots of rates to get cheap car insurance quotes for drivers with good credit. Rates are calculated by many risk factors and can increase or decrease at any time, so the cheapest company six months ago may now cost much more than other companies.

Find Cheaper Car Insurance for High Credit

Compare Rates Now

California car insurance ranked by cost per year
Rank Company Cost Per Year
1 USAA $1,155
2 Century National $1,178
3 Wawanesa $1,192
4 CSAA $1,222
5 Nationwide $1,250
6 21st Century $1,338
7 Grange $1,477
8 Mercury $1,503
9 GEICO $1,513
10 Progressive $1,542
11 Allstate $1,559
12 Allied $1,588
13 MetLife $1,606
14 The Hartford $1,639
15 State Farm $1,682
16 Esurance $1,688
17 Unitrin $1,733
18 Bristol West $1,777
19 Travelers $1,842
20 Farmers $2,026
Quote Your Rates Go

USAA may offer some of the best car insurance rates in Oakland at around $1,155 annually. This is $496 less than the average rate paid by California drivers of $1,651. Century National, Wawanesa, CSAA, and Nationwide also qualify as some of the lowest-priced Oakland, CA car insurance companies.

As shown in the rates above, if you are a policyholder with CSAA and switched to Century National, you might see an annual savings of roughly $44. Policyholders with Nationwide may save as much as $72 a year, and 21st Century policyholders might lower prices by $160 a year.

These premium estimates are averages for all types of drivers and the different vehicles they drive and and are not calculated with a specific zip code for drivers with good credit. So the auto insurance company that fits your age and vehicle best may not even be in the list above. That is why you need to compare rates from multiple companies using your own individual information.

One of the more important things that help determine the price you pay for insurance is where you live in Oakland. More populated areas will most likely pay more, whereas areas with lower crime rates and fewer weather claims benefit from having to pay less for coverage.

The illustration below sorts the highest-priced areas in California for drivers with good credit to purchase a policy in. Oakland is listed at #3 with the yearly price of $1,738 for the average insured, which is around $145 monthly.

Car insurance prices in Oakland
Rank City Premium Per Year
1 Los Angeles $2,146
2 Glendale $2,058
3 Oakland $1,738
4 San Francisco $1,693
5 Sacramento $1,669
6 San Bernardino $1,628
7 Long Beach $1,610
8 Stockton $1,603
9 Santa Clarita $1,595
10 Modesto $1,547
11 Riverside $1,527
12 Fontana $1,519
13 Garden Grove $1,508
14 Fresno $1,502
15 Moreno Valley $1,491
16 Santa Ana $1,453
17 Anaheim $1,444
18 Huntington Beach $1,416
19 San Jose $1,395
20 Bakersfield $1,394
21 San Diego $1,381
22 Fremont $1,348
23 Irvine $1,330
24 Oxnard $1,318
25 Chula Vista $1,311
Find Cheaper Insurance Go

Rate quotes are approximated as the vehicle garaging location can increase or decrease coverage rates greatly.

The vehicle model needing coverage is probably the largest consideration when comparing cheaper auto insurance for drivers with good credit. Vehicles with limited speed and performance, advanced safety features, or a track record of few liability claims will cost significantly less to insure than adrenaline junky models.

The next table estimates coverage premiums for a handful of the most economical vehicles to buy coverage for.

Cheapest Vehicles to Insure in Oakland, CA
Vehicle Make and Model Estimated Cost for Full Coverage
Ford Escape Limited 2WD $1,375
Honda CR-V EX-L 4WD $1,505
Dodge Grand Caravan CV $1,508
Jeep Wrangler Rubicon 4WD 2-Dr $1,514
Chevrolet Malibu LS $1,594
Toyota RAV4 Limited 2WD $1,600
Hyundai Elantra SE Touring Station Wagon $1,602
Ford Explorer Limited AWD $1,623
Toyota Tacoma 4WD $1,647
Ford Edge SE 2WD $1,673
Nissan Altima 2.5 S 4-Dr Sedan $1,680
Toyota Prius $1,688
Volkswagen Jetta SE 4-Dr Sedan $1,709
Start Your Quote Go

Price data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Prices do not factor in specific location information which can impact coverage prices substantially.

Looking at the numbers, we can presume that cars like the Ford Escape, Honda CR-V, Dodge Grand Caravan, and Jeep Wrangler are likely to be some of the most affordable vehicles to insure for financially responsible drivers.

Illustration showing the impact of accidents and violations

In a perfect world, the ideal way to score the cheapest car insurance prices for financially responsible drivers is to drive attentively and avoid accidents and keep your driving record clean. The example below shows how violations and at-fault fender-benders can affect insurance rates for different age groups. Data assumes a married female driver, comprehensive and collision coverage, $100 deductibles, and no policy discounts are applied.

In the previous chart, the average cost of an auto insurance policy in California per year with no accidents or violations is $2,596. Get one speeding ticket and the average cost increases to $3,023, an increase of $427 each year. Now add in two accidents along with the one speeding ticket and the annual cost of car insurance for drivers with good credit increases to an average of $6,655. That’s an increase of $4,059, or $338 per month, just for not being more responsible behind the wheel!

Selecting a highly-rated insurance provider can be rather challenging considering how many companies sell insurance in Oakland. The company ratings displayed below may help you select which companies to look at when shopping car insurance rates for drivers with good credit.

These ratings are only comprised of insurance companies that insure vehicles in the majority of U.S. states, so companies that may only write in California are not factored into the list. To compare prices from many more California auto insurance companies, just click here.

Top Car Insurance Companies for Drivers with Good Credit in California
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 98 100 100 94% A++ 98.6
American Family 98 89 100 86% A 95.4
AAA of Southern California 91 94 97 92% A+ 94.1
State Farm 88 93 96 90% A++ 92.4
The Hartford 94 92 90 89% A+ 91.7
AAA Insurance 88 89 95 91% A 91.2
GEICO 84 93 93 89% A++ 90.3
The General 89 91 89 88% A- 90
Titan Insurance 90 87 91 95% A+ 89.6
Progressive 84 91 93 87% A+ 89.5
Mercury Insurance 88 91 90 85% A+ 89.4
Allstate 85 90 92 88% A+ 89.3
Nationwide 87 88 84 90% A+ 88.7
Liberty Mutual 84 87 93 88% A 88.5
21st Century 85 86 87 88% A 86.7
Esurance 85 80 95 87% A+ 85.9
Safeco 85 85 85 86% A 85.8
Travelers 80 87 87 83% A++ 85.2
Farmers Insurance 78 87 88 79% A 84.3
Compare Rates Now Go

Data Source: Insure.com Best Car Insurance Companies

Why you should compare rates

California car insurance rates are calculated based on many things which can substantially decrease or increase the policy premium. Simply having a birthday, buying a different vehicle, or getting a speeding ticket can trigger changes in premium resulting in some rates now being cheaper than competitors. In addition, companies change premium rates without warning in order to offset underwriting gains or losses. Significantly higher claims can cause higher rates, while lower claim levels may produce lower-priced Oakland car insurance rates.

To illustrate this point, the data below shows the company with the cheapest car insurance in Oakland, CA for a 35-year-old male driver with a good driving record, no prior claims, and a decent credit rating. When quoting prices based on his current situation, USAA might quote the lowest car insurance rates in Oakland at $1,509 a year. This is $142 less than the average rate paid by California drivers of $1,651. Century National, Wawanesa, CSAA, and Nationwide also make the list of the most affordable Oakland, CA auto insurance companies.

Let’s now give the driver in the first chart an accident surcharge, less-than-perfect credit, and a speeding citation. Since each auto insurance company has a unique approach for filing rates in each state, getting updated rate quotes may result in a different list of affordable Oakland car insurance companies as shown below.

Grange now has the best car insurance rate in Oakland, CA with Progressive, Allstate, GEICO, and Mercury now being in the top five. This example shows why it is important to compare as many rates as possible when trying to find the most affordable auto insurance quotes for drivers with good credit. Auto insurance prices are influenced by many things and change substantially, so the most economical company the last time you shopped your coverage around may now be quite expensive.

Tips for finding economical car insurance for drivers with good credit

Lowering your rates is not difficult, and here are many thrifty suggestions that can help you buy low-cost car insurance.

The last tip in the list is remarkably critical, as we hit on in this article. Car insurance rates in Oakland can change considerably based on profitability, so you should be ready to switch to a new company if a cheaper price is available. Many consumers stick with the same company and that’s fine, but it’s not a great idea if your bullheadedness ends up costing you lots of hard earned cash every month. In just a couple of minutes you could shop around and find cheaper insurance for drivers with good credit.

The professional agents shown below can help you determine which car insurance company is the best fit, as many people would rather have some advice when comparing insurance rates for drivers with good credit. It’s not always simple to find the cheapest rates, so getting advice from a licensed agent can give comfort knowing you have sufficient coverage for your assets.

To locate an Oakland auto insurance agent nearest to you, click the button at the bottom of the list.

Farmers Insurance – Pamela Spikes
3410 Lakeshore Ave #204Oakland, CA 94610(510) 832-1005

Farmers Insurance: Man Kin Lau
638 Webster St #200aOakland, CA 94607(510) 282-7996

Frank Sanchez – State Farm Agent
5301 Claremont AveOakland, CA 94618(510) 658-2722

Jose Cano – State Farm Insurance Agent
3301 E 12th St Suite 113Oakland, CA 94601(510) 533-8107

More insurance agents in Oakland, CA