Rancho Palos Verdes, CA Car Insurance

The average cost for car insurance in Rancho Palos Verdes is about $61 a month. For more information refer to our guide below.
Compared to their surrounding area, how do rates in Rancho Palos Verdes stack up? What about against the rest of California? What can Rancho Palos Verdes residents expect to pay for their car insurance? Find the average cost breakdowns and determining factors in the charts and writeups below:  

How much is car insurance in Rancho Palos Verdes?

Area Average Monthly Car Insurance Premium
Rancho Palos Verdes$61
CA$56
United States$80

As you can see, car insurance policies across the rest of California are about $5 a month cheaper than the rates drivers pay in Rancho Palos Verdes.

When stacked up against the national average, the average monthly policy payment for Rancho Palos Verdes is more affordable. Car insurance rates for the United States as a whole are, on average, $19 more expensive than the rates you'd pay in Rancho Palos Verdes.

Keep in mind that these are the average auto insurance rates for Rancho Palos Verdes, and that the rate you get could end up being something different. Insurance companies take in a variety of factors when determining how much to charge you for your car insurance. Your monthly premium is calculated off of your age, gender, vehicle make and model, driving record, and even your credit score depending on the circumstances.

We've broken down average rates for Rancho Palos Verdes to help you understand what your policy's monthly premium will cost. And if you're not sure if you're getting the cheapest rate, simply enter your ZIP Code below to learn more about rates in your area!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$71
25-34$59
35-44$52
45-54Not Enough Data
55-64$45
65+$70

It's pretty safe to assume that the older you are, the longer you've been driving, right? That experience can turn into some real savings when it comes to car insurance premiums. According to the table above, you can see that 18-24-year-olds pay more than drivers 65 and older.

For every 10 years, you can expect to see a decrease in your monthly premium. Once you hit retirement age, however, you may see your rates climb back up a bit in Rancho Palos Verdes.

Average Car Insurance Rates by Gender

Gender Average
Male$62
Female$60

Car insurance rates for women are generally cheaper than they are for men. While female drivers pay a bit less than male drivers on their monthly auto coverage, the difference in Rancho Palos Verdes is only about $2 per month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$74
Multiple Accidents$78
1 Ticket$98
Multiple Tickets$95

Rates can vary wildly depending on your driving record. Those with clean records will obviously pay less than those with infractions. Drivers in Rancho Palos Verdes with a single accident on their record will usually see rates around $74 a month. Likewise, drivers with one ticket will be looking at a rate of around $98 a month on average.

Accidents, tickets, and other driving infractions can really add up when it comes to how much you pay. So, if cheaper car insurance is important to you, keep your record clean and drive safe.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$56
2-3 Years$55
4-5 Years$48
6-7 Years$46
8-10 Years$72
11-14 Years$60
15 Years or Older$67

According to the first table above, cars are usually the cheapest vehicles to insure in Rancho Palos Verdes, with drivers paying around $60 per month for insurance coverage.

SUV owners will see rates of about $64, while truck and van owners by and large pay around $69 a month.

You may also see different rates based on the age of your vehicle. Newer vehicles are generally going to be the most expensive to insure. Once your car is around 5 years old, however, you may see your rates begin to drop back down. The most expensive vehicles to insure in Rancho Palos Verdes are vehicles eight-to-ten years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$61
Married$59
Divorced$72
Widowed$69

On average, those who have settled down into marriage will pay slightly less for auto insurance. This usually boils down to owners having multiple vehicles on the same policy, something that will often get you a discount.

Although single drivers normally pay more for auto insurance than married couples do, the rates for both groups in Rancho Palos Verdes are about the same.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$64
Rent$62
Live with parents$64

Your housing situation is another component of how insurance companies calculate your monthly rate. If you rent your home or apartment, expect to pay around $2 less than drivers who own property in Rancho Palos Verdes. Those who live with their parents, however, can expect to pay a lot more.

Many companies, however, will offer you a discount to bundle your home or rental insurance with your auto insurance policy, which can help reduce your average costs.

Car Insurance Companies in Rancho Palos Verdes, CA

Recent trends in car insurance for Rancho Palos Verdes drivers

Given that average rates are often changing, it's a smart move to know the direction your area is trending when selecting an auto insurance policy.

The cost of auto insurance coverage in Rancho Palos Verdes had been decreasing from 2016-2017, before steadying out in 2018. Car insurance rates finished down in 2021, at $47 per month

How does Rancho Palos Verdes compare to neighboring areas?

Why are car insurance rates in Rancho Palos Verdes different from other areas?

Car insurance companies will consider several factors when trying to decide how much to charge for a policy. Where you live will also have a significant impact on your personal policy. This may include things like:

  • Regional laws
  • Off-street parking accessibility
  • Area crime rates
  • Amount of drivers in the region
  • General road safety (how many accidents each locality has)

An awareness of these factors is important when thinking about buying a new policy or potentially moving to a new home. Knowing 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 Rancho Palos Verdes?

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

But wait! Compare.com does all of that work for you. Just put in your ZIP below, answer a few questions related to the factors we outlined above, and you'll be comparing the cheapest quotes from many of the car insurance companies providing policies in Rancho Palos Verdes.

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Rancho Palos Verdes Insurance FAQs

What factors affect car insurance quotes in Rancho Palos Verdes?

Car insurance companies calculate quotes based on a wide array of factors. These include things like your gender and age, but also factors like your vehicle's year, make and model, as well as your driving record, credit score, address, and marital status.

Why is the cost of car insurance in Rancho Palos Verdes different from other neighboring cities?

Your address and the city you live in have a significant impact on how much a car insurance company might charge for your policy. Companies take into consideration things like parking situations, local laws, and crime rates when calculating your quote -- all of which can change from city to city.

Which car insurance company will offer me the cheapest rate in Rancho Palos Verdes?

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 Rancho Palos Verdes?

Whenever you move to a new area, or experience any other major life event such as getting married or finding a new job, it's always a good idea to re-evaluate your current insurance policy. Certain companies may offer larger discounts in certain cities, so it's a smart 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. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to Rancho Palos Verdes or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?

Find your best rate in just a few minutes