Finding reliable, budget insurance is challenging, and figuring out which companies quote the cheapest auto insurance rates for drivers requiring a SR22 will require even more work. Each company has a unique approach for determining rates, so let’s begin by taking a look at the lowest cost auto insurance companies in San Jose, CA.
Keep in mind that San Jose auto insurance rates are based on many factors that will increase or decrease the cost of coverage. This is why drivers need to spend some time comparing rates when trying to get affordable car insurance rates for drivers requiring a SR22. Insurance rates are determined by many different factors and change frequently, so the best company six months ago may now be an over-priced policy.
Best Auto Insurance Prices for SR22 Drivers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,155 |
| 2 | Wawanesa | $1,181 |
| 3 | Century National | $1,190 |
| 4 | CSAA | $1,198 |
| 5 | Nationwide | $1,263 |
| 6 | 21st Century | $1,366 |
| 7 | Grange | $1,491 |
| 8 | Allstate | $1,497 |
| 9 | Progressive | $1,512 |
| 10 | GEICO | $1,513 |
| 11 | Mercury | $1,548 |
| 12 | Allied | $1,556 |
| 13 | The Hartford | $1,591 |
| 14 | MetLife | $1,654 |
| 15 | Unitrin | $1,682 |
| 16 | State Farm | $1,733 |
| 17 | Esurance | $1,739 |
| 18 | Bristol West | $1,795 |
| 19 | Travelers | $1,842 |
| 20 | Farmers | $2,006 |
| Get a Custom Quote Go | ||
USAA quotes some of the most affordable car insurance rates in San Jose at around $1,155 each year. Wawanesa, Century National, CSAA, and Nationwide also are some of the best San Jose, CA auto insurance companies.
As the example above demonstrates, if you currently have a policy with CSAA and switched to Wawanesa, you could earn savings of upwards of $17. California drivers with Nationwide may save as much as $82 a year, and 21st Century insureds might reduce prices by as much as $185 a year.
To see if your current coverage is too expensive, click here to start your custom quote or feel free to get quotes from the companies below.
Be aware that those rates are averages for all insureds and vehicles and and are not calculated with an exact zip code location for drivers requiring a SR22. So the auto insurance company that is best for you may not even be in the list above. That underscores the importance of why you need to get auto insurance quotes using your own specific driver and vehicle information.
The type of vehicle needing coverage is a significant factor when comparison shopping for affordable car insurance for drivers requiring a SR22. Vehicles with economical engines, good crash test ratings, or a positive history of liability claims will cost substantially less to insure than higher performance models.
The data below estimates insurance rates for a handful of the more affordable automobiles to insure in California.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLS 4WD | $3,510 |
| Honda CR-V EX 4WD | $3,512 |
| Honda Accord EX-L 4-Dr Sedan | $3,736 |
| Toyota Prius | $3,744 |
| Dodge Grand Caravan SE | $3,920 |
| Ford F-150 XL Super Cab 4WD | $3,930 |
| Ford Explorer XLT 4WD | $3,974 |
| Chevrolet Impala LT | $3,992 |
| Toyota Tacoma Double Cab TRD Sport Package 4WD | $4,029 |
| Honda Civic DX 4-Dr Sedan | $4,071 |
| Chevrolet Equinox LT AWD | $4,110 |
| Chevrolet Malibu LS | $4,116 |
| Toyota RAV4 Sport 4WD | $4,110 |
| Chevrolet Silverado 2500HD LTZ Crew Cab 4WD | $4,211 |
| Jeep Wrangler Unlimited Sport 2WD 4-Dr | $4,257 |
| Ford Focus SES 4-Dr Sedan | $4,288 |
| Chevrolet Silverado LS Regular Cab 2WD | $4,290 |
| Ford Edge Sport AWD | $4,334 |
| Honda Odyssey EX-L | $4,342 |
| Hyundai Elantra SE 4-Dr Sedan | $4,334 |
| Toyota Camry XLE | $4,342 |
| Toyota Corolla XRS | $4,343 |
| Volkswagen Jetta 2.0T 4-Dr Sedan | $4,349 |
| Get a Custom Quote Go | |
Table data represents single male driver age 30, two speeding tickets, two at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, and homeowner. Estimates do not factor in specific garaging location which can increase or decrease auto insurance rates substantially.
Based upon these rates, cars like the Ford Escape, Honda CR-V, Honda Accord, and Toyota Prius are going to be a few of the most budget-friendly vehicles to insure for high risk drivers. Auto insurance rates will tend to be higher just because there is more risk for drivers requiring a SR22, but generally speaking those models will have the lowest insurance prices available.
For high risk drivers, one of the largest things that are used to help calculate the amount you pay for auto insurance is where you keep your car. Cities with more crime and/or more people tend to have higher auto insurance costs, whereas areas with less people or fewer weather incidents have the luxury of lower rates.
The information below rates the most expensive cities in California for drivers requiring a SR22 to purchase a policy in. San Jose is ranked at #18 having an annual price of $1,423 for the average insured, which is approximately $119 per month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Los Angeles | $2,168 |
| 2 | Glendale | $2,142 |
| 3 | Oakland | $1,755 |
| 4 | San Francisco | $1,693 |
| 5 | Sacramento | $1,669 |
| 6 | San Bernardino | $1,596 |
| 7 | Fontana | $1,566 |
| 8 | Long Beach | $1,562 |
| 9 | Garden Grove | $1,554 |
| 10 | Moreno Valley | $1,551 |
| 11 | Santa Clarita | $1,548 |
| 12 | Riverside | $1,542 |
| 13 | Stockton | $1,541 |
| 14 | Modesto | $1,502 |
| 15 | Fresno | $1,502 |
| 16 | Santa Ana | $1,497 |
| 17 | Anaheim | $1,430 |
| 18 | San Jose | $1,423 |
| 19 | Huntington Beach | $1,416 |
| 20 | Chula Vista | $1,350 |
| Start a Quote Go | ||
Rate quotes are comparative as the specific San Jose residence address can influence rates substantially.
Liability rates compared to full coverage
Paying a lower price for auto insurance is the goal of most people, and one of the easiest ways to pay less for insurance for drivers requiring a SR22 is to only pay for liability coverage. The chart below illustrates the difference between insurance prices when comparing full coverage to liability only. The prices are based on no accidents or driving violations, $250 deductibles, single marital status, and no discounts are factored in.
As an average, comp and collision coverage costs an extra $2,558 per year more than insuring for liability only. Many of you may wonder if paying for full coverage is worth it. There isn’t a written rule of when to eliminate full coverage on your policy, but there is a guideline you can use. If the yearly cost of full coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then you might want to think about dropping full coverage.
The example below demonstrates how deductible levels can impact yearly insurance costs when searching for cheap insurance for drivers requiring a SR22. The rates are based on a married female driver, comp and collision included, and no other discounts are factored in.
The chart above illustrates that a 40-year-old driver could save $300 a year by switching from a $100 deductible to a $500 deductible, or save $456 by changing to a $1,000 deductible. Younger drivers, like the Age 20 chart data, could reduce their rates $750 every year by selecting a higher deductible. When using a larger deductible, it’s a good idea to have enough savings to enable you to cover the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.
If you have coverage questions and would like to get some help when shopping around for cheaper insurance for drivers requiring a SR22, the agents below can help you make a decision which car insurance policy is best. To find an agent nearest to you, click the button link following the list or click here to compare rates now.
- Burch Boehner – State Farm Insurance Agent
201 E Taylor St #2 – San Jose, CA 95112 – (408) 287-8190 - Doug Kim – State Farm Insurance Agent
1361 S Winchester Blvd #107 – San Jose, CA 95128 – (408) 370-2008 - Allstate Insurance: Phuong Tran
510 N 1st St Ste 224 – San Jose, CA 95112 – (408) 993-9898 - Donald Browne Insurance Services
330 W Hedding St #207 – San Jose, CA 95110 – (408) 292-4329
View more San Jose, CA insurance agents
How to find low-cost car insurance for drivers requiring a SR22
The list below shows a few money-saving solutions that can help you find cheaper coverage.
- Avoid speeding and other traffic citations and pay less
- Increase physical damage deductibles
- Do not pay for full coverage on older vehicles
- Being accident-free can lower rates significantly
- Pay for smaller claims out-of-pocket
- Shop around once a year for cheaper rates
That last tip is extremely necessary, as we stressed in the prior article. Rates in San Jose fluctuate considerably, so don’t hesitate to buy from a different company if you can save money.
Having a favorite company is fine, but it’s not a great idea if your bullheadedness ends up costing you hundreds every year. Now is a great time to compare rates to find cheaper auto insurance for drivers requiring a SR22.