Cheapest and Best Car Insurance in Corona, CA (2024)

Finding the most cost-efficient car insurance in Corona hinges on your coverage choice and particular driver profile. Progressive is the most affordable for minimum coverage, full coverage and for families with teens. Exceptional customer service is given by Chubb, yet the premier overall value, balancing cost and service is held by Capital Insurance Group.

MoneyGeek found that Progressive offers the most affordable minimum coverage car insurance in Corona with a significant price advantage.

• Progressive: $423 per year
• GEICO: $477 per year

While Progressive leads with the lowest premiums, Chubb has the most expensive policy at $842 annually. The stark price disparity of over $400 highlights why it's vital for consumers to shop around for the cheapest car insurance.

In California, including Corona, car insurance minimum coverage has the following limits:

• $15,000 bodily injury per person
  
• $30,000 bodily injury per accident
  
• $5,000 property damage liability per accident
  

If your minimum coverage policy is in effect, it’ll cover injuries up to $15,000 per person (for a total of $30,000 per accident).

MoneyGeek found that Progressive is the cheapest option in Corona for cheapest full coverage car insurance. If you're looking to save on your annual car insurance premium, consider these two top providers offering the most affordable rates:

• Progressive: $968 per year
• National General: $1,083 per year

Chubb has the priciest policy at $1,984 per year, that's significantly more annually than Progressive, indicating why it pays to compare full coverage policies. Full coverage is typically more costly than minimum coverage due to the inclusion of comprehensive and collision insurance, which protects against a wider range of incidents.

A Corona full coverage insurance policy enhances your protection by raising liability coverage to $100,000 for bodily injury per individual, $300,000 for bodily injury per mishap and $100,000 for property damage liability per event. In simpler terms, this level of coverage is a 100/300/100 plan.

In addition to the elevated liability coverage, full coverage policies incorporate invaluable comprehensive and collision protection:

• Collision Insurance: This insurance is vital for covering your vehicle's repairs if you collide with another vehicle or an object like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Insurance: Opt for this insurance to cover non-collision-related damages to your car, such as those from theft or natural disasters and being struck by an animal like a deer.

If you have a brand-new vehicle, securing full coverage insurance is a wise choice Yet, for older vehicles, the expense of this broader coverage might not justify the cost. To determine how much car insurance you need, weigh the cost of coverage versus the risk of inadequate protection.

MoneyGeek found that National General is the most affordable option in Corona for drivers with a poor driving record, offering the lowest rates across various traffic offenses. With a full coverage policy, here are the cheapest annual premiums you can find:

• Speeding Ticket: National General ($1,138 per year)
• At-fault accident: National General ($1,611 per year)
• DUI: National General ($1,138 per year)

Hartford has some of the most expensive rates for these incidents. There's a notable difference of $4,088 in annual rates between the cheapest company after a speeding ticket (National General) and the most expensive after a DUI (Hartford), highlighting how the severity of offenses can significantly impact car insurance rates.

Insurance rates often increase with the severity of driving offenses, reflecting the higher risk posed by these individuals. In Corona, drivers with a speeding ticket face an average annual premium of approximately $2,007, whereas a DUI offense can surge premiums to an average of $3,374. For those with driving infractions, diligent comparison of insurance rates is crucial.

MoneyGeek found that Progressive is the cheapest option in Corona for families adding a teen driver to their policy. By securing the cheapest car insurance for teens, families can enjoy more affordable rates while ensuring full coverage for their young drivers.

• Progressive: $3,034 per year for female teens and $3,034 per year for male teens
• Farmers: $3,074 per year for female teens and $3,074 per year for male teens

These rates reflect the total annual premium for a family policy including two parents and a teen driver. Compared to the most expensive provider, Nationwide, which offers the same policy for $5,449, families choosing Progressive could save up to $2,415 annually for a female teen.

Teen drivers in Corona and other cities often face significantly higher insurance rates, with average individual annual premiums costing around $4,418 compared to $3,686 on a family plan. This difference arises because insurers consider teens high-risk drivers due to their inexperience, leading to higher claim rates. Approval for individual policies for teens is also more challenging, as insurers may require a solid credit history or prior insurance history, which most teens lack. For parents and guardians, including teens in a family insurance plan is often more economical and easier to secure.

MoneyGeek found that Progressive is the most affordable option in Corona for full coverage car insurance tailored to individuals with military backgrounds. For the cheapest car insurance for military backgrounds, those searching in the city of Corona will find the following rates:

• Progressive: $968 per year -** National General**: $1,083 per year

Although not the cheapest in Corona, USAA has an annual premium of $1,257, ranking as the fifth most economical option. USAA's rates are slightly higher than the most competitive rates, yet they offer services distinctively catering to the needs of active-duty military members.

Use MoneyGeek's car insurance calculator to get quotes. By inputting details such as age, driving history, credit score and desired coverage, you receive instant, personalized rate estimates.

MoneyGeek's research, which features a unique scoring system for each category, has identified the top car insurance providers in Corona tailored to different needs:

• Best overall: Capital Insurance Group (Score: 80 out of 100)
• Best for service: Chubb (Score: 94 out of 100)
• Best cheap: Mercury (Score: 78 out of 100)

In this case, with different companies taking the lead in each category, the choice might hinge on what you value more. Those prioritizing their budget might lean towards Mercury. If exceptional service is non-negotiable, you may select Chubb. Meanwhile, Capital Insurance Group presents a balanced option, merging solid service with favorable costs.

Capital Insurance Group is the best option for car insurance in Corona, offering drivers exceptional service and affordability. Here's how the top two providers compare:

• Capital Insurance Group: MoneyGeek score of 80 out of 100 ($1,384 per year)
• Chubb: MoneyGeek score of 76 out of 100 ($1,983 per year)

Capital Insurance Group has a strong balance between customer satisfaction and affordability, which are the foremost contributors to Capital Insurance Group's top MoneyGeek score.

MoneyGeek found that Chubb is the best option in Corona for those prioritizing customer service in car insurance. This is based on an evaluation that emphasizes general satisfaction with the insurer, claims handling efficiency, and breadth of coverages offered, excluding price considerations.

• Chubb: MoneyGeek score of 94 out of 100 ($1,984 per year)
• Capital Insurance Group: MoneyGeek score of 82 out of 100 ($1,384 per year)

Chubb stands out due to its high ratings across the board, particularly for customer satisfaction and claims handling. These are critical areas that can significantly affect the customer experience, making Chubb the top choice for consumers prioritizing a seamless and supportive insurance process.

MoneyGeek found that Mercury is the best option in Corona for those seeking affordable car insurance without sacrificing quality.

• Mercury: MoneyGeek score of 78 out of 100 ($484 per year)
• Progressive: MoneyGeek score of 76 out of 100 ($423 per year)

Mercury has a competitively low annual premium and high satisfaction and claims scores. This combination proves that Mercury offers a balance for consumers looking for minimum coverage policies without overlooking customer service and claims processing efficiency.

Drivers in Corona, California, face an average car insurance cost of $1,425. This rate is slightly below the average California state insurance cost of $1,457, and significantly lower than the national average, which stands at $1,720.

Car insurance premiums can be influenced by geography. Factors such as the frequency of accidents, theft rates, and the cost of living in an area all contribute to the variability of car insurance costs. For example, Glendale holds the position of the most expensive city in California for car insurance with a premium of $2,260, which is above the state average. In contrast, Santa Maria is the cheapest, priced at $1,168, which is below the state average.