Panorama City, CA Car Insurance

On average, Panorama City drivers pay a monthly average rate of around $75 for their car insurance. Learn more in our handy guide below.
Are rates in Panorama City higher or lower than those in neighboring areas? How do they compare to the rest of California? What rates should residents of Panorama City expect to pay for their car insurance? See what factors contribute to determining the average cost in our detailed charts and breakdowns below:  

How much is car insurance in Panorama City?

Area Average Monthly Car Insurance Premium
Panorama City$75
CA$56
United States$80

Based on the information in the chart above, you can see that on average, it's about $19 a month more expensive to insure your vehicle in Panorama City than it is in the rest of California.

Conversely, car insurance rates in Panorama City are more affordable than the national average. Auto insurance coverage in Panorama City is about $5 cheaper than it is for the rest of the U.S.

These rates may be the average amount Panorama City residents pay for their insurance policy, but that doesn't mean it's exactly what you'll pay. There are numerous factors taken into consideration by insurance companies when deciding the rate you'll pay for coverage. 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.

But don't worry, we've broken down the average rate for Panorama City residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. If you're not certain that you're getting the cheapest rate for your area, just enter your ZIP below to find out!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$101
25-34$70
35-44$66
45-54$55
55-64$62
65+$54

It makes sense that older drivers would have more experience behind the wheel, right? It also makes sense that the more experienced of a driver you are, the safer you are. According to the table above, you can see that 18-24-year-olds pay a lot more than someone who is at retirement age.

As you get older, you can expect to see a drop in your monthly premium every 10 years. That said, once you hit retirement, your rates may climb back up in Panorama City.

Average Car Insurance Rates by Gender

Gender Average
Male$78
Female$69

Male drivers pay, on average. slightly more than female drivers for auto insurance. This is true in Panorama City, where male drivers pay about $9 more a month. As you can see in the chart above, car insurance for women in the area typically costs around $69 each month, while men pay $78 on average.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$76
Multiple Accidents$107
1 Ticket$117
Multiple Tickets$108

Rates can change drastically depending on your driving record. Those with fewer accidents and tickets will pay a lot less than those with multiple infractions. Drivers in Panorama City with one accident will pay around $76 a month. On a similar note, drivers with one ticket on their record will be looking at a monthly rate of about $117 on average.

Wherever you live, accidents, tickets, and other driving infractions will almost certainly drive up your monthly bill. Remember, the safer you are as a driver, the cheaper your car insurance will be.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$79
2-3 Years$65
4-5 Years$75
6-7 Years$71
8-10 Years$78
11-14 Years$76
15 Years or Older$76

If you look at the first table above, the cheapest vehicles to insure in Panorama City are typically trucks and vans, at $68 per month.

SUV drivers will see rates of about $74 for car insurance coverage, while car owners usually pay around $76 per month.

Depending on your vehicle's age, you can also expect to see slightly different rates. Generally, newer vehicles are going to be the most expensive to insure. However, your rates may start to decrease if your car is a few years old. In Panorama City, the most expensive vehicles to insure are vehicles less than one year old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$78
Married$69
Divorced$69
Widowed$49

Overall, married policyholders will pay slightly less to insure their vehicle. This oftentimes is a result of owning multiple vehicles that are on the same policy, something that will often get you a discount.

The cost of auto insurance in Panorama City reflects the national trend of married couples paying less than single drivers to insure their vehicles, to the tune of about $9 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$67
Rent$75
Live with parents$88

Your living accommodations is another component of how insurance companies calculate your monthly rate. If you rent your home or apartment in Panorama City, expect to pay around $8 a month more than if you are a homeowner. But if you live with your parents, you can expect to pay a lot more.

That said, if you bundle your homeowners or rental insurance policy with your auto insurance, many companies will offer you a discount to make up for it and reduce your average costs.

Car Insurance Companies in Panorama City, CA

Recent trends in car insurance for Panorama City drivers

Since car insurance rates are constantly changing, it's a good idea to know the local trends in your area before selecting an insurance provider.

The rates for car insurance in Panorama City had been increasing from 2016-2019, when they reached a high of $83. This trend leveled out in 2020, when they began to decrease, and have continued moving in that direction through 2021, when policy premiums hit a low of $71 a month.

How does Panorama City compare to neighboring areas?

Why are car insurance rates in Panorama City different from other areas?

There are many factors car insurance companies will consider when choosing how much to charge for a monthly rate. Where you live will also have a significant impact on your personal policy. This may include things like:

  • Crime levels
  • Access to off-street parking
  • Road Safety (frequency of local car accidents)
  • Local regulations
  • Amount of drivers in the area

An awareness of these factors is important when thinking about buying a new policy or potentially moving to a new home. With the knowledge that different towns and cities will all have different rates, guides like these can be a good way to get a lay of the land of your particular neighborhood.

How can I find the cheapest car insurance in Panorama City?

While knowing what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.

Fortunately, Compare.com can handle all of this for you. Just put in your ZIP Code below, answer a few questions on you and your car, and you'll be quickly comparing the cheapest quotes from dozens of car insurance companies that offer plans in Panorama City.

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Panorama City Insurance FAQs

What factors affect car insurance quotes in Panorama City?

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 address, credit score, driving record, and marital status.

Why is the cost of car insurance in Panorama City different from other neighboring cities?

Crime rates, parking situations, and local laws -- all of which can change from city to city -- play a large role in the rates that car insurance companies may charge for coverage.

Which car insurance company will offer me the cheapest rate in Panorama City?

There isn't one company that can guarantee the cheapest rate to everybody, since the rates they charge for coverage are calculated based off of factors that can vary from person to person, such as vehicle make and model, driving record, and number of drivers on the policy. By using sites like Compare.com to compare multiple quotes simultaneously, you can rest assured that you're getting the best price available.

Do I need to change my insurance if I move to Panorama City?

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 Panorama City 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?

Find your best rate in just a few minutes