In a March 2014 state-wide research of car insurance coverage prices throughout the state of California, Santa Barbara ranked #37 (out of 210 cities) putting it in the best twenty% of the most inexpensive California towns to insure your automobile. As a comparison, Santa Barbara insurance premiums have been practically half the price of California most high-priced city, Glendale.
The study carried out by the customer-finance company ValuePenguin.com, looked at information from the California Department of Insurance coverage and calculated typical costs in Santa Barbara across numerous driver profiles and 52 separate car insurance companies.
Some takeaways from the research:
-Cities with a much more dense population appeared to have larger insurance coverage premiums as far more cars in a smaller sized area tended to consequence in more accidents.
-Towns with a reduced charge of crime and automobile theft also had less expensive rates on average.
If you’re interested in checking out the rest of the review, you can do that here: