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Get Cheap Car Insurance in Koreatown, Los Angeles, CA
We monitor insurance prices, helping the average driver in Koreatown save up to 33.7% on car insurance.
The Cheapest Minimum Coverage in Koreatown
The chart below shows the cheapest car insurance company in Koreatown for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through Metromile, followed by Geico, Progressive, and Travelers.
| Koreatown Insurer | Monthly Cost |
|---|---|
| Metromile | $65 |
| Geico | $74 |
| Progressive | $79 |
| Travelers | $81 |
Savings for Every Kind of Koreatown Driver
Based on our extensive insurance data, we know the average Koreatown driver will save about 32% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, marital status, and age. The average driver will find themselves saving $831 per year by choosing the right vehicle insurance company. Some Koreatown residents are paying out over $2,599 extra every year for auto insurance in Koreatown. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Koreatown, Los Angeles, CA Savings / Yr. |
|---|---|
$831 |
|
$1,522 |
|
$1,204 |
|
$2,115 |
|
$1,086 |
|
$471 |
|
$0 |
Koreatown Car Insurance vs. Los Angeles
People living in Koreatown pay an average of 29.42% more than the typical driver in the state. The average driver in Koreatown can expect to pay about $1,217 per year, or $2,599 for full coverage.
Based on our analysis, Metromile will be the cheapest provider in Koreatown for most people.
Car Insurance Prices by Koreatown Neighborhood
Insurance Prices
Where is insurance cheapest within Koreatown?
The map shows insurance prices in and around Koreatown, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $530 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $2,816 to a low of $2,286. Insurance prices tend to be higher for those living in the South area, and lower for those with homes in the Central parts of Koreatown.Pick the Best Car Insurance Company for You in Koreatown
The best car insurance provider for most drivers in Koreatown
For drivers with clean driving records and no major strikes, Metromile is the best option, with annual savings of $831 over the average Koreatown car insurance company.
The best car insurance provider for Koreatown drivers with accidents on their records
In our analysis, Metromile saved the average person who had been in an accident the most, with annual savings averaging $1,522 over the competition.
The best car insurance company for Koreatown drivers with speeding tickets
>Metromile gave the average person with a speeding ticket the most savings, averaging $1,204 better than other car insurance companies.
The best auto insurance for Koreatown drivers with a DUI conviction
Getting a quote from Mercury Insurance may cost the average person with a DUI about $2,115 less each year.
The least expensive car insurance company for new and young drivers in Koreatown
In Koreatown, State Farm costs young drivers $1,086 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Koreatown
Progressive gave the largest car insurance discounts to married couples, averaging $471 saved each year compared to an average Koreatown couple's premiums.
The cheapest car insurance in Koreatown for drivers with bad credit
The best Koreatown car insurance company for customer service
Recent price drops
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The cheapest large national provider in Koreatown
For customers who prefer to work with large national providers, we recommend Allstate for pricing. The average Koreatown driver can expect to pay about $129 per month.
What About USAA?
JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Koreatown, USAA has the best prices for good drivers, drivers with a DUI conviction, drivers with speeding tickets, young drivers, and drivers with accidents.Auto Insurance Prices in and Around Koreatown
What Influences the Cost of Car Insurance in Koreatown?
On average, car insurance in Koreatown is more expensive than the rest of the state. These high prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the neighborhood are influenced by the following factors:
- The average commute time in Koreatown is 41 minutes, which is a little more than average for a driver in the city.
- California state insurance regulations may require higher prices.
- An average of 0 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in Koreatown are among the lowest in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are very high, with a Vehicle Theft Crime Grade of D- according to CrimeGrade.org.
- Koreatown has an average population density in the state. The neighborhood’s density could result in a price decrease for drivers.
As a result of these and other factors, the average cost of car insurance in Koreatown is $101 per month for minimum coverage and $217 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.
Car Insurance in Nearby Neighborhoods
- Mid Wilshire: Insurance costs 2.92% less
- Historic Filipinotown: Insurance costs 1.50% less
- Westlake: Insurance costs 1.00% more
- Mid City: Insurance costs 0.38% more
- Silver Lake: Insurance costs 4.54% less
- South Park: Insurance costs 3.77% less
- Hollywood: Insurance costs 0.81% less
- Jefferson Park: Insurance costs 1.50% more
- New Downtown: Insurance costs 9.04% less
- Downtown Los Angeles: Insurance costs 1.85% less
Neighborhoods with Similar Populations
- Wakefield-Williamsbridge: Insurance costs 37.25% more
- East Side: Insurance costs 25.97% less
- Astoria: Insurance costs 28.32% more
- North Mountain: Insurance costs 23.82% less
- Southeastern Denver: Insurance costs 17.81% less
- Eastside: Insurance costs 27.16% less
- Southwest: Insurance costs 12.39% less
- North: Insurance costs 19.66% less
- Mid City: Insurance costs 0.38% more
- Bensonhurst: Insurance costs 28.36% more