Finding out which companies have the cheapest insurance rates for homeowners will take more time than just comparing rates from one or two companies. Each auto insurer has their own guidelines to set policy rates, so let's rank the most competitive insurance companies in California.
Keep in mind that Santa Ana, CA insurance rates are calculated based on many things that may substantially change the cost of having a policy. Simply turning a year older, buying a different vehicle, or getting a speeding ticket can trigger rate changes that can now make some companies much cheaper than others.
Find the Cheapest Auto Insurance for Homeowners
USAA quotes some of the best car insurance rates in Santa Ana at around $1,155 annually. Wawanesa, CSAA, Century National, and Nationwide also qualify as some of the most economical Santa Ana, CA insurance companies.
In this example, if you are currently insured with Wawanesa and switched to USAA, you could see annual savings of about $2. Drivers with CSAA may save as much as $31 a year, and Century National insureds might reduce prices by as much as $59 a year.
If you want to see how much you could save, click here to start your free quote or visit several of the following companies.
It's important to note that these estimates are averaged for all drivers and vehicles in California and and are not figured with a specific zip code for homeowners. So the auto insurance company that has the lowest price for you may not even be in the top 24 companies shown above. That affirms the importance of why you need to compare prices as often as possible using your own individual information.
For people who own their homes, one of the big criteria that are looked at to help calculate car insurance rates is the neighborhood you call home. Areas with more people or even just a higher incidence of claims are more likely to pay higher prices, whereas more rural areas tend to receive slightly lower rates.
The table below shows the most expensive places in California for homeowners to purchase auto insurance in. Santa Ana is ranked #14 with an annual premium of $1,497 for the average insurance policy, which is around $125 per month.
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Prices are approximated as vehicle location can impact premium rates significantly.
The make and model of vehicle that is being insured is one of the main factors in finding cheap coverage for homeowners. Vehicles with high performance, poor safety features, or a history of substantial liability claims will cost substantially more to insure than safer models.
The table below estimates insurance rates for a selection of the most economical automobiles to insure.
|Insured Vehicle||Estimated Cost for Full Coverage|
|Ford Escape XLT 2WD||$1,113|
|Honda CR-V EX 2WD||$1,122|
|Toyota RAV4 Limited 4WD||$1,169|
|Ford Explorer Limited AWD||$1,191|
|Ford F-150 FX4 4WD||$1,200|
|Toyota Tacoma 4WD||$1,209|
|Chevrolet Impala LTZ||$1,241|
|Honda Odyssey EX||$1,252|
|Nissan Rogue S 2WD||$1,254|
|Nissan Altima Hybrid 4-Dr Sedan||$1,262|
|Chevrolet Equinox LT 2WD||$1,278|
|Ford Edge SEL 2WD||$1,287|
|Volkswagen Jetta SE 2.5 Station Wagon||$1,294|
|Chevrolet Malibu Hybrid||$1,316|
|Chevrolet Silverado 2500HD LT Crew Cab Diesel 4WD||$1,339|
|Toyota Camry Hybrid||$1,349|
|Dodge Grand Caravan Crew||$1,346|
|Toyota Camry SE||$1,350|
|Toyota Corolla LE||$1,357|
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Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Premium costs do not factor in specific garaging location which can influence coverage prices substantially.
Based upon the rates shown, vehicles like the Ford Escape, Honda CR-V, Toyota RAV4, Ford Explorer, and Ford F-150 will be some of the most economical vehicles to insure for people who own their homes.
The information below shows how choosing a deductible can impact insurance costs when trying to find cheap insurance for homeowners. The information is based on a single female driver, comprehensive and collision coverage, and no other discounts are factored in.
In the chart above, a 40-year-old driver could save $476 a year by changing from a $100 deductible up to a $500 deductible, or save $712 by choosing a $1,000 deductible. Youthful drivers, such as the 20-year-old chart data, could potentially save up to $1,216 or even more just by choosing higher deductibles when buying full coverage. When insureds make the decision to increase the deductibles on their policy, it is a good idea to have plenty of money set aside to offset the extra out-of-pocket expense, which deters some people from using high deductibles.
Best insurance company in Santa Ana
Insuring your vehicle with a good quality insurance provider can be challenging considering how many different companies sell coverage in Santa Ana. The ranking data in the next section may help you analyze which companies you want to consider when shopping around. The rankings below are only comprised of companies who write in the majority of U.S. states, so companies without a large exposure will not be included in these rankings.
Top 10 Major Auto Insurers in Santa Ana Ranked by A.M. Best Rating
- USAA - A++
- Travelers - A++
- State Farm - A++
- GEICO - A++
- Esurance - A+
- Nationwide - A+
- Allstate - A+
- Mercury Insurance - A+
- Progressive - A+
- Titan Insurance - A+
Careless driving habits raise Santa Ana insurance rates
The easiest method to find good insurance premiums in California for people who own their homes is to drive attentively and not have accidents or get tickets. The illustration below demonstrates how speeding tickets and at-fault fender-benders can influence premium costs for different age categories. The price estimates are based on a single male driver, full coverage, $100 deductibles, and no discounts are applied.
The data above shows the average cost of a car insurance policy per year with no accidents or violations is $2,812. Receive one speeding ticket and the average cost surges to $3,165, an increase of $352 each year. Then add in one accident along with the one speeding ticket and the yearly cost of insurance for homeowners jumps again to an average of $4,170. That's an increase of $1,358, or $113 per month, just for not maintaining a clean driving record!
Why it's important to shop around
Santa Ana, CA insurance rates are influenced by many factors that control the cost of coverage. Improving your credit score, having a teenage driver, or having an accident can trigger changes in premium resulting in some companies being cheaper than competitors. Additionally, car insurance companies change rates without warning in order to maintain liquidity for claims. Significantly higher losses may result in more expensive premiums, while long-term profits can produce cheaper Santa Ana car insurance rates.
The bar chart below shows the companies that have the cheapest car insurance in Santa Ana, CA for a 35-year-old female driver with a good driving record, no prior claims, and great credit. When quoting prices based on her personal risk profile, USAA might quote the most affordable car insurance rates in Santa Ana at $1,242 a year. This is $409 less than the average price paid by California drivers of $1,651. Wawanesa, CSAA, Century National, and Nationwide are the rest of the best Santa Ana, CA auto insurance companies.
Now we will give the driver from the above example a chargeable claim, less-than-perfect credit, and a speeding citation. Due to the fact that every auto insurer has a proprietary method to determine rates, comparing quotes could now result in a new list of cheap Santa Ana auto insurance companies as shown below.
Grange now has the best insurance rate in Santa Ana, CA with Progressive, Mercury, GEICO, and Allied now being in the top five. This example demonstrates why consumers need to take the time to compare many different companies when trying to find the most economical car insurance quotes for homeowners. Insurance prices are determined by many different factors and change dramatically, so the most economical company three years ago may now cost much more than other companies.
If you aren't clear which coverage you need and would like to have a little guidance when shopping for the best coverage for people who own their homes, the insurance agencies listed below can most likely help you determine which coverage fits your budget. To find a Santa Ana insurance agent close to you, click the button at the bottom of the list or click here to compare prices now.
- Allstate Insurance: Ramon Valerio
117 S Harbor Blvd - Santa Ana, CA 92704 - (714) 775-5423
- Farmers Insurance - Araceli Padilla
2424 N Grand Ave b - Santa Ana, CA 92705 - (714) 543-4638
- David Reyes - State Farm Insurance Agent
1077 W 17th St b - Santa Ana, CA 92706 - (714) 285-0155