It’s an obvious statement that car insurance companies don’t want you shop around. Insureds who rate shop once a year will presumably switch to a new company because the odds are good of finding a lower rate. Remarkably, a study showed that consumers who compared rates once a year saved an average of $70 a month as compared to drivers who never compared other company’s rates.
If finding budget-friendly insurance in Chula Vista is your ultimate goal, then having some knowledge of the best way to shop and compare insurance premiums can make shopping around easier.
The best way to find discount auto insurance rates in Chula Vista is to compare quotes once a year from different companies who provide car insurance in California.
- Get an understanding of the different coverages in a policy and the factors you can control to lower rates. Many rating factors that result in higher prices like at-fault accidents, careless driving, and a negative credit score can be controlled by making minor changes in your lifestyle.
- Obtain price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only give prices from one company like GEICO and State Farm, while agents who are independent can provide prices from multiple sources.
- Compare the new rate quotes to your existing coverage and see if there is a cheaper rate in Chula Vista. If you can save money, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Give notification to your agent or company of your intent to cancel your current car insurance policy. Submit a down payment along with a completed application to your new company or agent. When you receive it, place the new certificate verifying proof of insurance along with the vehicle’s registration papers.
One key aspect of rate comparisons is to use similar limits and deductibles on each price quote and to quote with as many companies as you can. Doing this helps ensure an apples-to-apples comparison and a thorough price selection.
When price shopping your coverage, comparing more quotes increases your odds of finding the best rates.
The companies shown below offer free rate quotes in Chula Vista, CA. If multiple companies are listed, it’s highly recommended you get rate quotes from several of them to get a more complete price comparison.
Analysis of coverages
The table below covers a range of prices for BMW X5 models. Having insight into how policy premiums are calculated is important for drivers to make smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| X5 3.0I AWD | $370 | $664 | $464 | $28 | $138 | $1,664 | $139 |
| X5 3.5D AWD | $406 | $764 | $464 | $28 | $138 | $1,800 | $150 |
| X5 4.8I AWD | $406 | $764 | $464 | $28 | $138 | $1,800 | $150 |
| X5 M AWD | $482 | $966 | $464 | $28 | $138 | $2,078 | $173 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Premium costs do not factor in specific location which can raise or lower premiums significantly.
BMW X5 insurance premiums by gender in Chula Vista
The chart below illustrates the difference between BMW X5 car insurance costs for male and female drivers. Data assumes a clean driving record, no at-fault accidents, full physical damage coverage, $1,000 deductibles, drivers are not married, and no discounts are taken into consideration.
Rate comparison of full coverage and liability-only
The chart below compares BMW X5 insurance prices with full coverage compared to only the California minimum liability coverage. Data assumes no claims, a clean driving record, $500 deductibles, drivers are single, and no other discounts are factored in.
Should you pay for full coverage or liability only?
There is no definitive formula for phasing out comp and collision coverage, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.
For example, let’s assume your BMW X5 book value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $7,000 after paying your deductible. If you are paying over $700 a year for physical damage coverage, then it might be time to consider dropping full coverage.
There are a few cases where dropping physical damage coverage is not a good idea. If you haven’t satisfied your loan, you have to maintain full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should not remove full coverage.
Compare rates but still have a local Chula Vista insurance agent
Some people prefer to sit down and talk to an agent and that is just fine! The best thing about comparing insurance prices online is that you can obtain cheap insurance rates but also keep your business local.
For easy comparison, once you complete this form (opens in new window), the quote information is instantly submitted to companies in Chula Vista who will gladly provide quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to find an agent because quoted prices will be sent straight to your inbox. You can find the lowest rates and an insurance agent to talk to. In the event you want to get a rate quote from a specific insurance company, you just need to search and find their rate quote page to submit a rate quote request.
Picking the best provider requires you to look at more than just a cheap price. A good agent in Chula Vista will have answers to these questions.
- Are claim adjusters local or do you have to take your car somewhere else?
- Do they offer claims assistance after hours?
- How are they compensated?
- How often do they review coverages?
- Is their price quote a firm figure or are their hidden costs?
Exclusive or Independent: There is a difference
If you are wanting to purchase insurance from local Chula Vista agents, you should know the types of insurance agents and how they are slightly different. Insurance agents are categorized either independent agents or exclusive agents depending on their employer.
Exclusive Insurance Agencies
Agents of this type can only place business with one company and some examples include State Farm, Allstate, and Farm Bureau. These agents are unable to provide other company’s prices so you might not find the best rates. Exclusive agents are well trained on the products they sell which helps overcome the inability to quote other rates. Some insured continue to buy from exclusive agents mostly because of loyalty to the company instead of buying on price only.
Shown below are Chula Vista exclusive agencies that can give you price quote information.
- Allstate Insurance: Barry L. St. Onge
651 3rd Ave a – Chula Vista, CA 91910 – (619) 426-7885 – View Map - Allstate Insurance: Donald Sewell
355 3rd Ave B – Chula Vista, CA 91910 – (619) 425-5370 – View Map - State Farm: Cynthia Stojeba
46 3rd Ave B – Chula Vista, CA 91910 – (619) 425-1403 – View Map
Independent Agents
These agents do not have single company limitations and that allows them to write policies with a variety of different insurance companies and get you the best rates possible. If prices rise, your agent can switch companies and the insured can keep the same agent. When searching for an agent, you will want to get some free quotes from several independent insurance agents in order to have the best price comparison. Many independent agencies also insure through less well-known companies which can save you money.
Shown below is a list of independent agents in Chula Vista who can help you get price quote information.
- Insurance Place – Chula Vista
713 Broadway # A – Chula Vista, CA 91910 – (619) 409-7650 – View Map - California Brokerage Insurance
355 K St – Chula Vista, CA 91911 – (619) 420-8888 – View Map - Applied General Agency / Jake Widmer Insurance
1873 Marquette Rd – Chula Vista, CA 91913 – (619) 852-1013 – View Map