As car insurance premiums continue to rise, a new report from Way.com reveals major price differences among insurers in Los Angeles—with full coverage rates varying by up to $1,569.
According to the analysis, AAA offers the lowest full coverage rate in the city, averaging $683 for a 6-month policy. CSAA ranks second at $944, followed by Capital Insurance Group (CIS) at $1,004. On the other end, Farmers was the most expensive among 17 major insurers, with an average premium of $2,252.
For drivers opting for liability-only coverage, price differences remain significant. CSAA leads with the cheapest option at $219 per 6 months, followed by AAA at $304 and USAA at $362. Farmers again was the most expensive, charging $717 for the same period.
Driving violations heavily impact insurance costs. A DUI in Los Angeles raises the average 6-month premium to $4,014, compared to $1,544 for drivers with no violations—a difference of over $2,400.
Other offenses also spike costs:
- Reckless driving: $3,813
- Hit-and-run: Up to $3,871
Rates climb further with repeated violations, poor credit, expensive vehicles, or living in high-theft or high-accident areas.
Los Angeles drivers face some of the highest car insurance premiums in the country. The average annual rate in LA is $1,338, which is $396 higher than the California average of $942, and nearly $200 above the national average of $1,140.
Experts recommend improving driving habits and comparing quotes regularly to cut costs.
Daniel Shim, an agent with Calco Insurance, advises:
“Review your driving record and insurer’s policy often, and shop around at least once a year. Your current provider may also offer discounts, so it’s best to consult with a professional.”
BY WONHEE CHO [cho.wonhee@koreadaily.com]
