Thousand Oaks Car Insurance

The Zebra
May 30, 2018

Car Insurance in Thousand Oaks

With premiums within $10 of the state average, Thousand Oaks has rates that are fairly similar to the state. Why don't we go over some ways to save on car insurance in Thousand Oaks?

  • City Average: $1,703
  • State Average: $1,713
  • National Average: $1,427

Thousand Oaks Car Insurance by Accident or Violation History

Having an untarnished driving record is important if you want to keep your car insurance rates minimal. Speeding 16-20mph over the speed limit can drive up your insurance prices dramatically. Those with a speeding ticket on their record generally spend 35% more per year. In Thousand Oaks, those who are found at-fault in an accident end up paying $949 more per year to insure their vehicle.

  • DUI: $4,888
  • Reckless Driving: $4,888
  • At-fault Accident (damages less than $1000): $2,652
  • At-fault Accident (damages greater than $2000): $2,652
  • Speeding Ticket (16-20 mph over speed limit): $2,300

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Thousand Oaks Car Insurance by Gender and Marital Status

Both marital status and gender are among the various driver characteristics that can have an effect on car insurance premiums in Thousand Oaks. Rates for those who are widowed are moderately cheaper than rates for those who are single. Individuals who are married save around $70 per year compared to those who are single or divorced. Premiums for men tend to be barely cheaper than for women.

  • Female: $1,710
  • Male: $1,703
  • Single: $1,703
  • Married: $1,630
  • Divorced: $1,703
  • Widowed: $1,636

Thousand Oaks Car Insurance by Age

Teenage drivers are the ones who pay the most in car insurance premiums, with typical payments of $6,293. Among all age groups, drivers in their 60s have the lowest rates, with rates of $1,467. However, those in their 50s ($1,505) have premiums that aren't much higher. When drivers reach their 20s in Thousand Oaks, therefore moving out of the teenage age range, they can save 61% on car insurance, which is the largest gap you'll see between any age group. Rates for drivers in Thousand Oaks continue to drop through their 60s, but they can expect to pay more when they turn 70.

  • Teenagers: $6,293
  • 20s: $2,468
  • 30s: $1,673
  • 40s: $1,621
  • 50s: $1,505
  • 60s: $1,467
  • 70s: $1,640

* Credit score is considered discriminatory in California and is therefore not used as a rating factor when determining how much you'll pay for auto insurance each year.