Table of contents
How much is car insurance in Newbury Park?
|Area||Average Monthly Car Insurance Premium|
Looking at the chart above, you can see that it is around $8 a month more expensive to insure your vehicle in Newbury Park than it is in the rest of California.
However, car insurance rates in Newbury Park are often favorable when viewed against the rest of the country. It's around $16 less to insure your vehicle compared to the average rate for the U.S. as a whole.
While these are the average car insurance rates for Newbury Park, keep in mind that you could end up paying a different amount. There are a number of factors that determine how much insurance companies might charge you to insure your vehicle. The bill you'll see each month is calculated based on things like age, gender, vehicle make and model, driving record, and in some cases, credit score.
Don't sweat it however, we've broken down average rates for Newbury Park residents so that you can get a more accurate idea of what you might pay. And if you're not certain that you're paying the lowest option, 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|
Generally, the older you are, the more experienced you are on the roads. When it comes to auto insurance premiums, that experience pays off. According to the table above, you can see that 18-24-year-olds pay a lot more than drivers 65 and older.
For every ten years older you get, you can expect to see a drop in your monthly premium. Once you hit retirement, however, you may see your rates rise again in Newbury Park.
Average Car Insurance Rates by Gender
Car insurance rates for women are generally cheaper than they are for men. This is true in Newbury Park, where male drivers pay about $10 more a month. As you can see in the chart above, car insurance for women in the area typically costs around $57 each month, while men pay $67 on average.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Rates can change drastically depending on your driving record. Drivers with clean records can expect to pay a lot less than those with accidents or violations. In Newbury Park, a driving record with one accident will usually get you a rate around $87 a month. Similarly, drivers with one ticket will typically pay around $156 on average.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$70|
|15 Years or Older||$64|
As you can see in the first table above, the cheapest vehicles to insure in Newbury Park are typically trucks and vans, which run about $47 per month.
Car owners will see a monthly bill of about $66, while SUV owners by and large pay around $70 per month.
You may also see different rates based on your vehicle's age. Generally, newer vehicles are going to cost the most to insure. However, once your car is a few years old, you may start to see your monthly premium decrease. In Newbury Park, 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)||$69|
Overall, car insurance is slightly cheaper for married policyholders. This usually boils down to owners having multiple vehicles on the same policy, something some companies will reward with discounts.
According to the table above, the difference in rates based on relationship status in Newbury Park can be as much as $18 a month, so it's worth taking into consideration.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$93|
Your living situation is another factor that affects your monthly rate. In Newbury Park, homeowners can expect to pay around $9 a month less than those who rent. But those who live at home with their parents can expect to pay significantly more.
Depending on your insurance company, they may offer you a discount if you bundle your home or renters insurance with your auto policy.
Car Insurance Companies in Newbury Park, CA
Recent trends in car insurance for Newbury Park drivers
Average rates are constantly changing, so it's a good idea to know the direction your area is trending when choosing when and where to shop.
Auto insurance rates in Newbury Park increased from 2016-2017, when they reached a high of $92. This trend changed in 2020, when they began to decrease, and have continued to do so through 2021, when insurance rates hit a low of $49 a month.
How does Newbury Park compare to neighboring areas?
Why are car insurance rates in Newbury Park different from other areas?
Car insurance companies look at a number of factors when they're choosing how much to charge for a policy. The specifics of where you live and drive will have an impact on your personal policy. This might include things like:
- Area crime rates
- Number of car accidents
- Number of drivers in the area
- Off-street parking accessibility
- Community laws
You can't change these factors yourself, but they're something to take into consideration when shopping for a new policy or looking to move into an area. Different towns and cities will all have different average rates, so guides like these are a great place to get started.
How can I find the cheapest car insurance in Newbury Park?
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 can handle all of this for you. Just punch in your ZIP Code below, answer a few questions about your driving profile, and you'll be quickly comparing the cheapest quotes from dozens of car insurance companies that offer plans in Newbury Park.
Newbury Park Insurance FAQs
What factors affect car insurance quotes in Newbury Park?
Car insurance companies calculate quotes based on a wide array of factors. These include things like your age and gender, but also factors like your driving record, credit score, address and marital status, as well as your vehicle's year and make and model.
Why is the cost of car insurance in Newbury Park different from other neighboring cities?
Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like parking situations, crime rates, and local laws -- which can vary from city to city -- can significantly affect your rate.
Which car insurance company will offer me the cheapest rate in Newbury Park?
Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible however, by using sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Newbury Park?
Any major life event, whether it be moving to a new area, finding a new job, getting married, or any other notable event always presents a good opportunity to re-evaluate your current insurance policy. Regardless of your previous rate, there may be cheaper options in your new location, so it's a good idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.
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 Newbury Park 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?