Thousand Oaks, CA Car Insurance

How much does car insurance cost in Thousand Oaks?


Car insurance costs an average of $1,858 per year in Thousand Oaks. That's less expensive than the statewide average in California ($1,868) and more expensive than the national average of $1,548. Our guide to Thousand Oaks car insurance includes average rates based on age, credit score, driving history, and marital status. Keep reading to learn more!


AUTO INSURANCE: THOUSAND OAKS RATES VS. STATE + NATIONAL AVERAGES
Thousand Oaks Average (yearly)California AverageNational Average
$1,858$1,868$1,548

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Thousand Oaks auto insurance rates by insurer


The difference in auto insurance rates from company to company can be substantial. For a typical driver, GEICO offers Thousand Oaks's cheapest rates. See below the best options for affordable auto insurance in Thousand Oaks. Don't forget to get car insurance quotes based on your driving profile.


THOUSAND OAKS CAR INSURANCE PREMIUMS BY COMPANY
InsurerAverage Yearly Rate
GEICO$1,291
Mercury$1,403
AAA$1,657
Infinity$1,715
Farmers$1,924

Read our guide to finding the best cheap auto insurance.



Thousand Oaks auto insurance premiums by age

The age group that pays the least for car insurance in Thousand Oaks are drivers in their age_60s ($1,668per year). Rates for Thousand Oaks drivers in their age_50s are also relatively affordable, at just $1,672 per year.

Teenage drivers pay Thousand Oaks's most expensive auto insurance rates. One of the easiest ways to lower your car insurance rates as a driver in Thousand Oaks is to age out of your teenage years. The cost differential between the car insurance premiums paid by teenage drivers and drivers in their 20s in Thousand Oaks is $4,056, the largest such difference between any two age brackets.


THOUSAND OAKS CAR INSURANCE PREMIUMS BY DRIVER AGE
Age tierAverage Yearly Rate
Teenagers$6,778
20s$2,722
30s$1,807
40s$1,748
50s$1,672
60s$1,668
70s$1,941

Learn more about how age influences auto insurance rates.



Thousand Oaks car insurance rates by gender and marital status


Marital status and gender can be contributors to car insurance rates, in some cases. Married drivers usually pay less for car insurance than their single counterparts. In Thousand Oaks, married motorists pay $77 less than single drivers for auto insurance. Rates for those who are widowed are also much cheaper than rates for those who are single. Interestingly enough, in Thousand Oaks, single drivers pay more than those who are widowed.

Another component of auto insurance pricing is gender. In Thousand Oaks, female drivers pay $4 per year more than do male drivers.


THOUSAND OAKS CAR INSURANCE PREMIUMS BY GENDER AND MARITAL STATUS
Gender/Marital StatusAverage Yearly Rate
Female$1,862
Male$1,858
Single$1,781
Married$1,781
Divorced$1,858
Widowed$1,806

Read more about the relationships between gender, marital status and insurance rates.



Thousand Oaks car insurance premiums by citation and accident history


No matter where you live, steering clear of accidents and citations is the best way to keep your auto insurance rates low. At-fault collisions, DWIs, citations for reckless driving, and speeding tickets each contribute to increases in car insurance rates. Insurance companies reward low-risk drivers with the gift of low rates.

Thousand Oaks drivers found guilty of reckless driving pay the price when it comes to auto insurance, facing a rate increase of $3,210 per year versus the city average. A ticket for speeding results in a $750 rate hike, on average, while a DUI violation costs $3,120per year in insurance premiums.


AVERAGE THOUSAND OAKS INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
Violation/IncidentAverage Annual Rate
DWI/DUI$4,978
Reckless Driving$5,068
At-fault Accident (damages < $1,000)$1,865
At-fault Accident (damages greater than $2,000)$3,269
Speeding Ticket (16-20 mph over speed limit)$2,608

Learn more about how citations can raise your auto insurance rates.



Thousand Oaks auto insurance premiums by credit score


It's no secret credit score is closely correlated with auto insurance rates. In fact, Thousand Oaks drivers who improve their credit score from the "Very Poor" tier (300-579) to the "Exceptional" tier (800-850) earn, on average, a 0% decrease in their auto insurance costs. Moving from "Very Poor" to "Fair" credit is a meaningful step toward saving money on auto insurance. In Thousand Oaks, improving your credit to "Fair" could help you earn a $0 decrease in yearly insurance premiums.


THOUSAND OAKS AUTO INSURANCE RATES BY CREDIT LEVEL
Credit TierAverage Annual Rate
Very Poor$1,858
Fair$1,858
Good$1,858
Very Good$1,858
Exceptional$1,858

Curious about how your credit score might impact your auto insurance rates? Click here to learn more.



Ross Martin LinkedIn

As a licensed insurance agent, Ross is responsible for researching and writing about all matters related to auto and home insurance. He has a background in writing and education, as well as a masters degree from Royal Holloway, University of London. He has been quoted by Kin Insurance, Safety.com, and autoinsuranceEZ.com.