Updated: November 21, 2024
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The best life insurance company for women in California is Protective, with a MoneyGeek score of 95 and an average monthly premium of $18. Men in California fare best with GEICO, with average premiums around $21 per month and a MoneyGeek score of 96.
The best company for you may vary according to the policy type you choose, your age and your lifestyle.
BestLife InsuranceCaliforniaBest Life Insurance Companies in California
Why Trust MoneyGeek? We analyzed 1,488 life insurance quotes alongside customer satisfaction, financial stability reports, product offerings and more to determine the best life insurance companies in California.
Coverage costs and company information for life insurance providers were updated in May 2024.
| GEICO | 1 | 96 |
| Nationwide | 2 | 95 |
| Protective | 3 | 95 |
| Allstate | 4 | 94 |
| Mutual of Omaha | 5 | 94 |
| Transamerica | 6 | 94 |
| State Farm | 7 | 93 |
| AAA | 8 | 91 |
| Prudential | 9 | 90 |
| Haven | 10 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies in California:
GEICO is the best life insurance provider in California for men, with a MoneyGeek score of 96 and a monthly premium of $21. Protective takes the lead for women with a MoneyGeek score of 95 and a monthly premium of $18. Affordability was the determining factor in selecting company winners for each gender.
These top-tier companies offer the best mix of life insurance coverage options, affordability and customer satisfaction.
GEICO wins as the best life insurance provider for men in California. It scored the highest in MoneyGeek's ranking with a 96, and its average monthly premium for men is $21. The company's stellar performance ensures men receive excellent coverage without breaking the bank.
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With a MoneyGeek score of 95, Protective is our pick for the best life insurance company for women in California. With an average monthly premium of $18, Protective provides security and value.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in California:
Quotes gathered were for a $250,000 life insurance policy with a 10-year term.
Nationwide offers California's best term life insurance for both men and women, with a MoneyGeek score of 97. Its average monthly premiums are approximately $19 for men and $18 for women. Nationwide provides a blend of satisfaction, affordability and stability for individuals seeking the best term life insurance options.
The companies with the three highest MoneyGeek scores:
Nationwide is the best choice for term life insurance in California. With a MoneyGeek score of 97 and a monthly premium of $19, Nationwide stands out for its commitment to quality coverage and customer satisfaction.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies in California:
We did not weigh affordability as we did not collect whole life insurance quotes. The company below has the highest score among the companies that offer whole life insurance policies.
State Farm stands out as the best whole life insurance provider in California for both men and women, with an exceptional MoneyGeek score of 99. Nationwide and Mutual of Omaha follow close behind:
State Farm tops the list with a MoneyGeek score of 99. With a stellar reputation for offering whole life insurance in California, it's a trustworthy option for men and women seeking long-term coverage.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies in California:
We did not weigh affordability as we did not collect universal life insurance quotes. The company below has the highest score among the companies that offer universal life insurance policies.
Nationwide stands out as California's best universal life insurance provider, with a MoneyGeek score of 99 for both men and women. Nationwide's consistency in high scores across the board offers Californians reliable and top-notch coverage options.
Here are the three highest-scoring companies in California:
Nationwide is the premier choice for those seeking universal life insurance in California, with the highest MoneyGeek score of 99.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best no-medical-exam life insurance companies in California:
We did not weigh affordability as we did not collect quotes for no-medical-exam life insurance. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams.
Nationwide is MoneyGeek's pick for the best no-medical-exam life insurance in California for both men and women. With a MoneyGeek score of 99, Nationwide sets the industry benchmark for quality in offering policies for a broad spectrum of clients.
Other top insurance providers without mandatory medical exams in California include:
Nationwide provides California's best life insurance without a mandatory medical exam, receiving a MoneyGeek score of 99.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors in California:
We applied the same weightings as the term life insurance category, but the profile for the quote was adjusted to a 70-year-old.
Nationwide offers the best term life insurance for seniors in California, earning a MoneyGeek score of 98 for men and 97 for women, with monthly premiums costing approximately $73 for men and $71 for women. Nationwide's top rankings are due to its high marks in customer satisfaction, affordability and process simplicity.
| Nationwide | 1 | $73 | 98 |
| GEICO | 2 | $74 | 96 |
| Mutual of Omaha | 3 | $86 | 96 |
| Prudential | 4 | $74 | 95 |
| Protective | 5 | $77 | 95 |
| State Farm | 6 | $113 | 95 |
| Allstate | 7 | $70 | 94 |
| Transamerica | 8 | $70 | 94 |
| AAA | 9 | $97 | 93 |
| Haven | 10 | $152 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in California for people who smoke:
The same weightings were applied as the term life insurance category, but we adjusted the persona for the quote to reflect an active smoker.
Nationwide offers the best term life insurance for smokers in California for both men and women. With a MoneyGeek score of 95 for women and 97 for men, Nationwide provides policies at an average of $78 per month for women and $79 for men. The company's high satisfaction score, coupled with sound financial stability, contributes significantly to its leading position.
| Nationwide | 1 | $79 | 97 |
| GEICO | 2 | $71 | 96 |
| Prudential | 3 | $65 | 95 |
| Mutual of Omaha | 4 | $83 | 95 |
| Haven | 5 | $82 | 93 |
| State Farm | 6 | $117 | 93 |
| Transamerica | 7 | $77 | 93 |
| AAA | 8 | $86 | 93 |
| Protective | 9 | $134 | 90 |
| Allstate | 10 | $114 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in California for young adults:
We applied the same weightings as the term life insurance category; however, the persona for the quote is a 20-year-old.
Nationwide offers the best term life insurance for young adult men in California, scoring a 97 with a monthly premium cost of $12. Protective takes the lead for young adult women, with a MoneyGeek score of 95 and a monthly premium of $11. Nationwide got perfect scores in customer satisfaction and process, complimented by strong stability and diversity ratings. Protective received high marks in satisfaction and affordability, underpinned by a robust stability score. Discovering the best term life insurance for young adults is crucial for securing a financially stable future, and these companies show why they are leaders in the industry.
| Nationwide | 1 | $12 | 97 |
| GEICO | 2 | $10 | 97 |
| Mutual of Omaha | 3 | $12 | 96 |
| Protective | 4 | $10 | 95 |
| Allstate | 5 | $10 | 94 |
| Transamerica | 6 | $10 | 94 |
| State Farm | 7 | $18 | 94 |
| AAA | 8 | $13 | 93 |
| Prudential | 9 | $15 | 92 |
| Haven | 10 | $16 | 91 |
| Bestow | 11 | $21 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies in California:
We applied the same weightings as the term life insurance category; however, the quote was adjusted to reflect a 10-year term with minimum coverage.
GEICO is the best cheap term life insurance for men in California, with a MoneyGeek score of 97 and an average monthly premium cost of $16, whereas Transamerica ranks first for women, scoring 97 and offering a monthly premium of $14.
These two companies offer financial products that promise affordability, reliability and value, meeting the diverse needs of Californians looking for term life insurance options that align with their financial goals and lifestyles.
| GEICO | $16 | 97 |
| Nationwide | $19 | 96 |
| Allstate | $16 | 96 |
| Transamerica | $16 | 96 |
| Protective | $16 | 96 |
| Mutual of Omaha | $20 | 94 |
| AAA | $22 | 91 |
| Prudential | $22 | 90 |
| State Farm | $28 | 89 |
| Haven | $27 | 86 |
The average cost of life insurance in California is $73 for women and $89 for men. Factors such as age, gender, health status, the amount of coverage chosen and the term length all influence life insurance premiums.
Californians can use these figures when shopping for life insurance to ensure they're not overpaying for their coverage.
The best life insurance for men in California is from GEICO.
The cost of life insurance for men in California is influenced by various factors, including age, health and lifestyle choices. The leading company, GEICO, offers term life insurance policies for men that average $21 per month.
The best life insurance in California for women is from Protective.
The cost of life insurance varies based on age, health and coverage amount. The leading insurer for women in California, Protective, has an average monthly premium of $18.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
