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Get Cheap Car Insurance in Lake Balboa, Van Nuys, CA
We monitor insurance prices, helping the average driver in Lake Balboa save up to 33.7% on car insurance.
The Cheapest Minimum Coverage in Lake Balboa
The chart below shows the cheapest car insurance company in Lake Balboa 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.
| Lake Balboa Insurer | Monthly Cost |
|---|---|
| Metromile | $65 |
| Geico | $73 |
| Progressive | $79 |
| Travelers | $81 |
Savings for Every Kind of Lake Balboa Driver
Based on our extensive insurance data, we know the average Lake Balboa 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 $829 per year by choosing the right vehicle insurance company. Some Lake Balboa residents are paying out over $2,592 extra every year for auto insurance in Lake Balboa. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Lake Balboa, Van Nuys, CA Savings / Yr. |
|---|---|
$829 |
|
$1,518 |
|
$1,201 |
|
$2,109 |
|
$1,083 |
|
$470 |
|
$0 |
Lake Balboa Car Insurance vs. Van Nuys
People living in Lake Balboa pay an average of 29.09% more than the typical driver in the state. The average driver in Lake Balboa can expect to pay about $1,213 per year, or $2,592 for full coverage.
Based on our analysis, Metromile will be the cheapest provider in Lake Balboa for most people.
Car Insurance Prices by Lake Balboa Neighborhood
Insurance Prices
Where is insurance cheapest within Lake Balboa?
The map shows insurance prices in and around Lake Balboa, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $423 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $2,711 to a low of $2,288. Insurance prices tend to be higher for those living in the Southeast area, and lower for those with homes in the West parts of Lake Balboa.Pick the Best Car Insurance Company for You in Lake Balboa
The best car insurance provider for most drivers in Lake Balboa
For drivers with clean driving records and no major strikes, Metromile is the best option, with annual savings of $829 over the average Lake Balboa car insurance company.
The best car insurance provider for Lake Balboa 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 $1,518 over the competition.
The best car insurance company for Lake Balboa drivers with speeding tickets
>Metromile gave the average person with a speeding ticket the most savings, averaging $1,201 better than other car insurance companies.
The best auto insurance for Lake Balboa drivers with a DUI conviction
Getting a quote from Mercury Insurance may cost the average person with a DUI about $2,109 less each year.
The least expensive car insurance company for new and young drivers in Lake Balboa
In Lake Balboa, State Farm costs young drivers $1,083 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Lake Balboa
Progressive gave the largest car insurance discounts to married couples, averaging $470 saved each year compared to an average Lake Balboa couple's premiums.
The cheapest car insurance in Lake Balboa for drivers with bad credit
The best Lake Balboa car insurance company for customer service
Nationwide was the best company for customer service in Lake Balboa according to the NAIC.
Recent price drops
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The cheapest large national provider in Lake Balboa
For customers who prefer to work with large national providers, we recommend Allstate for pricing. The average Lake Balboa 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 Lake Balboa, 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 Lake Balboa
What Influences the Cost of Car Insurance in Lake Balboa?
On average, car insurance in Lake Balboa 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 Lake Balboa is 42 minutes, which is far 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 Lake Balboa are about average 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.
- Lake Balboa is a fairly densely populated area in the state. The neighborhood’s density could result in a price increase for drivers.
As a result of these and other factors, the average cost of car insurance in Lake Balboa is $101 per month for minimum coverage and $216 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
- Arleta: Insurance costs 2.28% less
- Garnsey: Insurance costs 0.50% more
- Beverly Glen: Insurance costs 5.44% less
- Bel Air: Insurance costs 6.94% less
- Portar Ranch: Insurance costs 5.63% less
- Toluca Lake: Insurance costs 10.34% less
- Shadow Hills: Insurance costs 8.06% less
- Brentwood: Insurance costs 11.84% less
- Lakeview Terrace: Insurance costs 5.67% less
- Glendale: Insurance costs 5.52% less
Neighborhoods with Similar Populations
- South Lorain: Insurance costs 52.78% less
- Downtown Annapolis: Insurance costs 28.40% less
- Downtown Jacinto City: Insurance costs 23.92% less
- Downtown Newport News: Insurance costs 49.34% less
- Downtown Norfolk: Insurance costs 51.39% less
- East Durham: Insurance costs 40.93% less
- Eastland-Wilora Lake: Insurance costs 42.82% less
- El Dorado Park: Insurance costs 18.60% less
- Lacy: Insurance costs 10.30% less
- Meadowlane: Insurance costs 45.60% less