The cost of insurance premiums varies according to a wide variety of factors, so it’s not always easy to predict how much a policy might cost. Depending on your age, gender, marital status, credit score and other personal factors, your premiums may cost more or less than the average in your area. Other factors, such as your driving record and type of car that you drive, also play a role in determining how much your insurance should cost.

Geographic location also helps set the rates for insurance policies. Depending on where you live, your insurance may cost more or less than it would for an identical policy elsewhere in the country. Your rates may even increase when moving from one state to the next. It’s a good idea to get an idea of how your rates may be affected by where you live if you plan to move, although it can be difficult to determine in advance just how much your policy may change.

Car Insurance Prices: Constantly Fluctuating

Unlike other expenses, car insurance premiums vary tremendously from one person to the next. A policy is personalized for an individual driver based on factors like the person’s age, credit score, marital status, driving history and geographic location.

Because so many factors influence the cost of coverage, no two people will pay exactly the same premiums even if they have some similarities. For example, two people in the same neighborhood may pay wildly different rates due to previous driving history, and two drivers of the same age might have different rates because of the type of cars they drive.

Although many factors behind the cost of car insurance can be controlled by careful driving habits and smart choices on the part of a driver, other factors are completely beyond an individual’s control. A person’s age, gender and geographic location all have a bearing on their insurance policies, and the rate difference caused by these factors can sometimes be quite dramatic.

Car Insurance in California

Insuring a vehicle in some states costs more, on average, than in others. An area’s population, crime rate, weather patterns and population of uninsured drivers all helps determine how much coverage should cost. Although premiums vary from one driver to the next within the state, most policies will fall within certain limits on either side.

According to some studies, California has the sixth highest premiums of any state. As of 2011, the average annual cost of a policy in California was $1,991, or around $165 per month. Of course, this is the state average, so individual policies may vary tremendously.

Despite the relatively high cost of insurance in the state, California insurance premiums do not fluctuate as much as rates in other areas. This is because insurance is tightly regulated in California, and all insurance companies must justify rate increases and offer standardized discounts to all drivers. This means that even when prices throughout the country are rising, California auto insurance rates stay basically level.

Nevertheless, despite these regulations, California auto insurance does maintain a higher cost than other states due to an overall higher risk for drivers. Indeed, if insurance were not as tightly regulated in the state as it is, premiums may have been substantially higher than they currently are due to these risk factors.

How Much Will My Insurance Cost?

Whether you currently live in California or are considering moving there, the best way to determine the cost of your car insurance is to obtain a personalized quote online or over the phone. By filling out a quote form, you can be matched with insurance companies that will offer the best rates to you while bearing in mind details about yourself as a driver and where you live.

Comparison shopping between multiple insurance companies is the best way to ensure that you get the best deal on auto insurance. Once you’ve determined roughly how much your car insurance will cost, you can ask the insurer if there are any other discounts you may qualify for or any other ways to reduce the overall cost of your coverage.

If you already have car insurance, you may wish to ask your current insurance provider how much your premiums would change after moving to a new city or state. Your agent should be able to provide you with a rough quote for coverages, and this will give you a base line to compare to if you decide to shop around for quotes with other insurance companies as well.