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How much is car insurance in Live Oak?
|Area||Average Monthly Car Insurance Premium|
The cost of coverage in Live Oak is about $12 a month cheaper than it is for the rest of California.
Similarly, when compared to the national average, the cost for auto insurance in Live Oak is lower. It's around $36 less to insure your vehicle compared to the average rate for the U.S. as a whole.
While these are the average costs to insure your vehicle in Live Oak, keep in mind that you could end up paying a different amount. There are a variety of factors that car insurance companies consider to determine how much to charge you to get your vehicle insured. Variables like age, gender, vehicle make and model, driving record, and even credit score (depending on your area) can all be taken into consideration when determining your monthly premium.
Don't sweat it however, we've broken down the average rate for Live Oak residents based on several different factors so that you can get a more accurate idea of what you might pay. And if you're not sure if you're getting the cheapest rate, simply enter your ZIP below and find out in just minutes!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
The older you are, the more experienced you are on the roads. That experience can lead to some serious savings when it comes to car insurance premiums. As you can see, 18-24-year-olds pay $31 more than drivers 65 and older.
As you get older, you can expect to see a drop in your monthly premium every 10 years. Once you hit retirement, however, you may see your rates start to rise again in Live Oak.
Average Car Insurance Rates by Gender
Female drivers pay, on average, slightly less than their male counterparts. In Live Oak, however, the difference in monthly policy premiums is minimal.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Your rates can change quite drastically depending on your driving record. Those with clean records will see the most affordable rates, whereas even a single accident or infraction can cost you. The rate for drivers in Live Oak with a single accident on their record is about $52 a month. Similarly, drivers with one ticket will typically pay around $173 on average.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$36|
|15 Years or Older||$50|
If you look at the first table above, the cheapest vehicles to insure in Live Oak are usually SUVs, at $31 per month.
Car owners can expect to pay an average of around $46 a month for their policy, while truck and van drivers are usually around $41 to insure each month.
Vehicle age has an impact on the cost of your policy as well. Generally, newer vehicles are going to be the most expensive to insure. Once your car is close to 5 years old, however, you may see your rates begin to drop back down. In Live Oak, the most expensive vehicles to insure are vehicles six-to-seven years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$47|
Generally, married policyholders will pay slightly less for insurance coverage. This usually happens because companies will extend special discounts to policyholders with multiple vehicles that are on the same policy.
The difference in rates based on relationship status in Live Oak is about $12 a month, with married couples paying less for coverage than single drivers.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$56|
Another factor that comes into play is your housing status. If you rent your home or apartment, expect to pay around $5 a month more than if you own your own home in Live Oak. But if you live with your parents, you can expect to pay a lot more.
If you bundle your home or rental insurance and auto insurance policies, you can oftentimes reduce your overall costs, depending on your insurance company.
Car Insurance Companies in Live Oak, CA
Recent trends in car insurance for Live Oak drivers
Since average rates are constantly changing, it's a smart move to research the local trends in your area before shopping for coverage.
The cost of auto insurance coverage in Live Oak had been decreasing from 2015-2016, but began to increase from 2017-2018, when they reached a high of $66. Car insurance rates finished up in 2020, at $42 a month.
How does Live Oak compare to neighboring areas?
Why are car insurance rates in Live Oak different from other areas?
When considering how much to charge for a monthly rate, car insurance companies will consider several factors. Many factors affecting your policy are based around your home address. These factors include things like:
- Road Safety (frequency of local car accidents)
- Regional crime rates
- Regional laws
- Number of drivers
- Off-street parking availability
Having an awareness of these factors is critical when thinking about buying a new policy or potentially moving to a new home. Each area will have different rates. Guides like these are a wonderful place to get started.
How can I find the cheapest car insurance in Live Oak?
In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.
Good news! Compare.com has you covered. Just type in your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from numerous car insurance companies providing coverage in Live Oak in no time.
Live Oak Insurance FAQs
What factors affect car insurance quotes in Live Oak?
Auto insurance companies take a wide array of factors into consideration when calculating your monthly payment. These include things like your vehicle's year, make and model, your age and gender, as well as your driving record, credit score, marital status, and address.
Why is the cost of car insurance in Live Oak different from other neighboring cities?
Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like local laws, crime rates, and parking situations -- which can vary from city to city -- can significantly affect your rate.
Which car insurance company will offer me the cheapest rate in Live Oak?
There isn't one company that will offer the cheapest rate to everybody. What companies will charge you are based on many different factors that vary from person to person, such as your driving record, what kind of car you drive, how many drivers will be on your policy, and a number of other factors. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once. That way, you can be confident you're getting the best price.
Do I need to change my insurance if I move to Live Oak?
Whenever you relocate or experience another major life event, such as getting married or finding a new job, you should consider re-evaluating your current insurance policy. By using services like Compare.com to compare quotes from multiple companies at once, you can be sure to capture any new savings brought about by your new situation.
Do I need to wait for my policy to expire to switch to a different car insurance company?
No. Regardless of how much time is left on your current policy, you can switch companies at any time. So, whether you're considering moving to Live Oak or just curious if you're getting the best rates, why not take 10 minutes and see if Compare.com can save you some extra cash?