Stockton’s auto insurance rates are lower than the state average rates, but higher than the national average rates. As of January 2014, Stockton has an average annual insurance rate of $1631, while the average rate in California is $1819, and the national average is $1496.
In Stockton, auto insurance rates range between $1399 and $1674. The Honda Accord is the only car with an insurance rate below $1400. It also has the second lowest median price, at $15900. The Honda CR-V also costs only $1406 on average to insure per year.
The Toyota Corolla has the lowest median price ($14,900) among all the cars in Stockton. Insuring it costs an average of $1526 per year, which is 10% of the median price. The Toyota Camry, on the other hand, has a median price of $17900, and costs an average of $1453 to insure per year.
Of the full size pickup trucks, the Chevrolet Silverado is the more affordable option in Stockton. It costs $1528 per year to insure, while the Ford F-Series costs $1553. The bigger difference is, however, in their purchase costs. The Chevrolet costs a median price of $28,000, while the Ford F-Series costs $30,000 in Stockton.
The Nissan Altima and the Honda Civic are the most expensive cars in terms of insurance costs in Stockton. The Nissan Altima has an average annual insurance rate of $1653, while the Honda Civic costs a whopping $1674 to insure every year. The median price of the Nissan Altima in Stockton is $16499, while the Honda Civic costs around $17,900.
There are a few ways to lower your overall costs. The Honda Civic can be purchased for a median price of $11,975 from San Francisco. The Toyota Corolla, too, is cheaper in San Francisco. If you willing to buy your car from another state and have it shipped back home, Lansing, Michigan is the cheapest place to buy a Honda Civic. It is available for a median price of $5,000 in Lansing.