Best cheap car insurance in Oxnard for 2021

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Oxnard, California is located in Ventura County and is home to over 208,000 residents. While there is plenty of sunshine to be found in Oxnard, auto insurance rates are higher than the national average, with drivers paying $723 per year for minimum coverage, and $1,956 for full coverage. On a national level, drivers average $1,674 in annual auto insurance premiums for full coverage.

Bankrate reviewed numerous national and local carriers to determine which ones not only offer affordable coverage for drivers in Oxnard, but have other important qualities, such as great customer service ratings, high financial strength and digital assets for better policy management.

Best car insurance companies in Oxnard

The best car insurance companies in Oxnard are not only determined by the competitive rates offered, but other criteria as well. Factors such as customer service ratings, financial strength, coverage options and discounts available are all factors considered when determining who offers the best car insurance.

Insurance company J.D. Power score
California region
Average annual premium for minimum coverage Average annual premium for full coverage
AAA 848 / 1,000 $538 $1,726
Geico 828 / 1,000 $553 $1,568
Mercury 787 / 1,000 $586 $1,557
Wawanesa 853 / 1,000 $635 $1,507

AAA

The Auto Club of Southern California, or the AAA affiliate, receives one of the highest scores for overall customer satisfaction with the 2020 J.D. Power survey. AAA not only has high customer service ratings, but the financial ratings are equally impressive, with an A+ Superior rating from AM Best. While AAA may be best known for roadside assistance, it also offers a full range of coverage and discount options for drivers in Oxnard.

Geico

Geico might not have the highest score with the 2020 J.D. Power survey among the carriers reviewed, but it does offer a large number of discounts to help lower premiums. Geico has provided auto insurance for over 75 years, and continues to offer numerous ways to save. Not only are there plentiful discounts such as bundling or consistent seatbelt use, but there are numerous payment options to better fit your budget.

Mercury

Mercury is another carrier that did not score as high on the J.D. Power list as other carriers, but is worth considering because of the competitive rates. Mercury specializes in providing coverage to otherwise high-risk drivers, but still offers numerous coverage options and discounts for those who qualify. Mercury also receives an A (Excellent) rating from AM Best for financial strength.

Wawanesa

Wawanesa may appeal to drivers in Oxnard for multiple reasons. In addition to the competitive rates quoted above, Wawanesa receives the highest score of those surveyed with the 2020 J.D. Power customer satisfaction survey. Plus, the mobile app makes it quick and simple to make changes to your policy, store your ID cards, make payments and submit claims.

Cheapest car insurance in Oxnard

Drivers in Oxnard may be on the lookout for affordable insurance, since the average premiums are $723 per year for minimum coverage and $1,956 per year for full coverage. Compared to the overall average in California of $2,065, the rates in Oxnard are slightly below average. Nationally speaking, drivers pay an average of $1,674 per year.

To find the best cheap car insurance in Oxnard, Bankrate reviewed premiums from Quadrant Information Services to determine which companies offered affordable options for drivers. Comparing quotes from multiple carriers is a great way to not only find which is offering the best rates, but also the best coverage options for your lifestyle. For instance, Geico offers optional mechanical breakdown coverage, which is similar to an extended warranty option for your vehicle and covers typical repair and maintenance costs.

Insurance company Average annual premium for minimum coverage Average annual premium for full coverage
AAA $538 $1,726
Geico $553 $1,568
Mercury $586 $1,557
Progressive $661 $1,721
Travelers $662 $1,756

Oxnard insurance requirements

California requires drivers to carry insurance to legally drive. This includes 15/30/5 in liability coverage, which is:

  • $15,000 for injury or death to one person
  • $30,000 for injury or death to more than one person
  • $5,000 for damage to property per accident

However, you may be required to purchase above the legal minimums, which should be kept in mind as you are planning your budget. If you lease or finance your vehicle, almost all lenders and lessors require you to purchase comprehensive and collision coverage, which is optional if you own your vehicle outright. You may also be required to purchase gap insurance, which pays towards the difference of what you owe and the value of your vehicle, should you total it in an accident.

Car insurance discounts in Oxnard

While auto insurance rates in Oxnard may be higher than the national average, you still have plenty of opportunities to save by taking advantage of discounts. Carriers offer a range of discounts, for a variety of reasons, and they can help you save on your premiums.

  • Multi-policy: Check with the carrier you purchase your homeowners or renters insurance from and find out if it offers a multi-policy discount when you bundle with your auto insurance coverage.
  • Good student: If you are enrolled in college courses or in high school, find out if the carrier offers discounts on premiums for earning good grades.
  • Safe driver: If you connect to a telematics device or a mobile app and you allow your driving habits to be recorded, you could receive a discount on premiums based on your safe driving habits.
  • Paid-in-full: If you pay your premiums for your pay period up front, instead of using monthly installment plans, you are likely eligible for added savings.

Using all the available discounts is a fantastic way to save on premiums, not to mention an easy way to pay less. Raising your deductible is another effective way to save. The higher the deductible you are willing to carry for your comprehensive and collision coverage means you will pay less on your premiums.

Frequently asked questions

What is the best car insurance company?

Bankrate has reviewed a number of carriers and found Geico, Amica and USAA are carriers worth serious consideration. This is based on many factors, including each carrier’s financial strength, rates and high customer satisfaction ratings.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.

Written by
Sara Coleman
Insurance Contributor
Sara Coleman has three years of experience in writing for insurance domains such as Bankrate, The Simple Dollar, Reviews.com, Coverage.com and numerous other personal finance sites. She writes about insurance products such as auto, homeowners, renters and disability.