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

In Oxnard, California, Progressive offers the cheapest rates for minimum and full coverage car insurance. Farmers is the most affordable for families with teens. Chubb is the top provider in terms of customer service and is also the best overall for balancing cost and service quality. The right insurer for you will align with your specific needs and preferences.

MoneyGeek found that Progressive is the cheapest option for minimum coverage car insurance in Oxnard. Here are the two most affordable providers:

• Progressive: $450 per year
• Mercury: $468 per year

Allstate has the most expensive minimum coverage policy in Oxnard, with an annual premium of $748. The difference in annual rates between the cheapest and most expensive options is $298, which highlights the importance of comparing rates to ensure you are getting the best deal on car insurance.

In California, state law mandates drivers carry the minimum car insurance coverage. These are the required limits:

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

If you're in an accident and have minimum coverage, your policy may cover $15,000 for injuries to one person. However, for an accident injuring multiple people where each claim could reach up to $15,000, your insurance would only cover a maximum of $30,000 for the entire accident. You will be personally responsible for covering the excess costs. These figures are the baseline; you can opt for more comprehensive coverage to protect against considerable out-of-pocket expenses.

MoneyGeek found that Progressive is the most affordable option in Oxnard for those seeking the cheapest full coverage car insurance.

• Progressive: $1,055 per year
• National General: $1,086 per year

Travelers offers the most expensive policy in Oxnard, at $1,964 per year. The difference of $909 per year between the cheapest and most expensive options highlights the importance of comparing rates to save money. Full coverage car insurance is more costly than minimum coverage because it includes additional protections like comprehensive and collision insurance.

A full coverage policy has higher liability limits. It also includes comprehensive and collision insurance components.

• Collision Insurance: This ensures coverage for your auto's repairs caused by crashes with another car or an inanimate object like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Insurance: This covers the financial risks associated with non-collision incidents, such as theft, damage resulting from inclement weather conditions, vandalism, fires or being hit by an animal.

For those with a new vehicle, opting for full coverage insurance is advisable as financial protection. Conversely, the value of full coverage car insurance diminishes for older vehicle models, where the benefits might not outweigh the additional cost. When determining how much car insurance you need, it is crucial to balance sufficient coverage and sensible premium costs.

MoneyGeek found that National General is the cheapest option for drivers with a poor driving record in Oxnard, offering the lowest annual premiums after various driving infractions. Here are the annual rates for full coverage:

• Speeding Ticket: National General ($1,138 per year)
• At-Fault Accident: National General ($1,605 per year)
• DUI: National General ($1,138 per year)

Hartford and Travelers have the most expensive rates for these offenses. The severity of the violation makes a significant difference in car insurance costs. For instance, National General's annual premium for drivers after a speeding ticket or a DUI remains consistent at $1,138, whereas after an at-fault accident, the cost increases to $1,605. This difference exemplifies how various infractions can influence premiums.

Insurance rates in cities like Oxnard typically increase with the severity of driving violations, as more severe infractions indicate a higher risk to insurers. In Oxnard, the difference in annual premiums is clear: individuals with a DUI can pay an average of $3,406 compared to $2,030 for those with a speeding ticket. This significant difference underscores the need for drivers with offenses to diligently compare insurance quotes, potentially unlocking opportunities to alleviate some of the financial burdens associated with higher premiums.

MoneyGeek found that Farmers offers the most affordable option in Oxnard for cheapest car insurance for teens, providing full coverage at competitive rates.

• Farmers: $2,828 per year for female and male teens
• State Farm: $2,893 per year for female and male teens

These rates represent the cost of ensuring a family with two parents and a teenage driver. Nationwide has the most expensive teen family policy in Oxnard, with an annual premium of $4,611 for both female and male teens — $1,783 more than a policy from Farmers. This rate difference showcases the need to compare policies, especially for high-risk drivers like teenagers.

Teen drivers in Oxnard and similar cities face steep car insurance premiums when purchasing individual policies, averaging $4,154 per year. In contrast, being added to a family plan averages $3,496 per year — highlighting a substantial cost-saving opportunity. Insurers often charge higher rates for individual teen policies due to teens' elevated risk of accidents, lack of credit history and inexperience behind the wheel. Furthermore, teens may struggle to be approved for individual policies since insurance companies typically prefer a family plan's shared risk and stability.

MoneyGeek found that Progressive is the cheapest option for full coverage car insurance for military backgrounds in Oxnard.

• Progressive: $1,055 per year
• National General: $1,086 per year

Although USAA is not the cheapest provider in this ranking, with an annual rate of $1,229, it still provides excellent value and services tailored specifically to meet the needs of active duty military members. For those eligible for USAA's coverage, this provider is often a top choice nationally both for competitive pricing and for its military-focused services.

Securing affordable car insurance in Oxnard requires diligence. Comparing rates from three or more companies can take over an hour.

MoneyGeek's car insurance calculator streamlines the process. Input key details such as your age, driving history, credit score and desired coverage level to obtain an instant, tailored rate estimate that reflects Oxnard's most significant pricing factors.

Choosing the best auto insurance comes down to your priorities in terms of service, cost and coverage. MoneyGeek's tailored assessments reveal that Oxnard's standout car insurance providers vary by your specific needs:

• Best overall: Chubb (MoneyGeek score 81 out of 100)
• Best for service: Chubb (MoneyGeek score 94 out of 100)
• Best cheap: Mercury (MoneyGeek score 81 out of 100)

Chubb is the leading option in the city, excelling in both quality service and overall value. Mercury is ideal for budget-conscious drivers seeking reputable service at an affordable cost. These distinctions ensure that Oxnard's top insurers deliver standout choices whether you prioritize exceptional service, affordability or a harmonious blend of both.

MoneyGeek found that Chubb is the best option in Oxnard for those seeking the best car insurance. Here are the top two providers:

• Chubb: MoneyGeek score of 81 out of 100 ($1,754 per year)
• Capital Insurance Group: MoneyGeek score of 81 out of 100 ($1,414 per year)

Chubb stands out primarily due to its exceptional claims and coverage scores, indicating a reliable claims process and comprehensive policy options. This score pertains to a full coverage policy.

MoneyGeek found that Chubb is the best option in Oxnard for top-tier car insurance focusing on customer satisfaction, claims handling and extensive coverages. The evaluation is strictly based on these criteria, irrespective of the insurance rates.

• Chubb: MoneyGeek score of 94 out of 100 ($1,754 per year)
• Capital Insurance Group: MoneyGeek score of 82 out of 100 ($1,414 per year)

Chubb distinguishes itself with the highest scores in claims service and coverage options, which are significant factors contributing to its superior MoneyGeek score. These attributes ensure that policyholders receive exceptional service and comprehensive protections, solidifying Chubb's position as a leader in the industry.

Mercury is the best option in Oxnard for affordable car insurance

• Mercury: MoneyGeek score of 81 out of 100 ($468 per year)
• Progressive: MoneyGeek score of 76 out of 100 ($450 per year)

Mercury stands out with the highest MoneyGeek score, which indicates it offers an exceptional balance of cost and quality for minimal coverage policies. The score demonstrates why the company is the top choice for cost-conscious drivers seeking reliable insurance in Oxnard.

With car insurance costs varying by location, it's essential to understand the average premiums in one's city. In Oxnard, California, the average car insurance cost rings in at $1,517 monthly. Comparatively, this figure sits slightly below the overall average car insurance cost in California, which is $1,562, denoting that Oxnard residents are paying less by $45. Meanwhile, California's average itself is lower than the national average, with state residents saving $219 compared to the typical U.S. figure of $1,781 for car insurance.

While location is among many factors affecting car insurance rates—including driving history and vehicle model—it is indeed a significant one due to its impact on risk exposure, such as accident frequency and theft rates. Analysis further reveals stark contrasts within the state: Santa Maria has the title of having the least expensive premium at $1,106, whereas Glendale's average premium scales to a high of $2,115, demonstrating a substantial price gap of $1,009. These figures reinforce how location heavily influences insurance costs, with non-city areas generally experiencing lower rates due to reduced traffic density. MoneyGeek's dataset, which includes multiple cities, clearly illustrates the breadth of premium variability drivers can expect across California.