With an average annual auto insurance rate at $1662, Sacramento is one of the most expensive auto insurance zip codes in California. Tampa, Glendale, and Los Angeles are more expensive than Sacramento, though all the other cities are cheaper. Orange County, with an average annual insurance rate of $1316, is the most affordable city to buy auto insurance in California, while Los Angeles is the most expensive.
Sacramento, being the capital city, is also one of the largest cities in California. The car with the lowest average annual insurance rate in Sacramento is the Honda Accord, at $1426. The median price of the Honda Accord in Sacramento is $17588. Insurance, thus, accounts for 8% of the total costs in this case.
The Toyota Camry and Honda CR-V are also very affordable cars to insure in Sacramento. The Honda CR-V is also affordable in terms of purchase costs. With a median price of $15,980 and annual average insurance rate of $1433 (i.e., 8% of median price), the Honda CR-V may be more affordable than the Honda Accord in terms of overall costs. The Toyota Camry, on the other hand, has a median price of $18,499 and annual average insurance rate of $1481. The Camry is expensive compared to the Honda Civic (median price $12480), Nissan Altima (median price $15499), and Honda CR-V (median price $15,980) in terms of overall costs, but extremely affordable if compared to the Chevrolet Silverado (median price $22797) and Ford F-Series (median price $23950).
In Sacramento, the Honda Civic is the cheapest car in terms of purchase costs. With a median price of $12480, the Honda Civic is much more affordable than all the other cars. However, the Civic has the highest insurance costs. With an annual average insurance rate of $1705 (i.e., 13% of the median price), the Honda Civic is the most expensive car in terms of insurance costs.