car insurance – Geico has the lowest average minimum-liability insurance premiums ($38 per month and $461 per year) among the big national auto insurance providers. Quadrant Information Services is the source of this data point as well as all other cost information in this article. The least expensive choice is typically basic auto insurance coverage, which simply covers other people’s medical expenses and property damage in the event that you cause an accident. It is significant to remember that different drivers have different access to the lowest auto insurance rates.
In order to provide a higher level of financial protection against at-fault accidents, insurance professionals advise drivers to carry liability coverage limits over the minimum required by the state.
What’s the Cheapest Place To Get Car Insurance?
The best site to obtain auto insurance varies depending on your driving history, region, and credit score, among other customized factors that affect insurance rates. For a variety of driver characteristics, the following firms offer the most affordable options for auto insurance on average:
- Cheapest overall: Union Mutual Insurance, a regional carrier in New England and New York, is the cheapest local firm at $15 per month for minimal coverage, while Geico is the cheapest big provider at $38 per month.
- The lowest cost for service members and their families is $32 a month for the basic coverage offered by USAA.
- Teens’ least expensive auto insurance is $355 per month for full-coverage coverage from Erie Insurance, which is offered in 12 states (based on 16-year-old drivers on their own parent-approved plans).
- Seniors can get the cheapest auto insurance nationwide for full coverage at $102 a month.
- Cheapest car insurance for high-risk drivers: According to projections for a full-coverage policy, State Farm will cost $183 per month for drivers with a DUI, $163 per month for drivers in an at-fault accident, and $156 per month for drivers with a speeding ticket.
- Cheapest car insurance for drivers with poor credit: nationwide, complete coverage costs $173 per month.
*Unless otherwise indicated, the premium averages listed above are based on rate projections for a 2022 Toyota Camry driven by a 35-year-old single person with a clean driving record and good credit history.
Cheapest Car Insurance Companies
Nationwide, Geico, State Farm, Travelers, and Liberty Mutual are among the top national suppliers in terms of rates. The number of discounts provided by each provider as well as rate estimations for full-coverage and minimum-liability plans from Quadrant Information Services are factors in our criterion for identifying the lowest auto insurance carriers.
Top 7 Cheapest Car Insurance Companies
The average rates for full-coverage and minimum-liability plans, as well as the total number of discounts provided by the least expensive countrywide auto insurance carriers, are displayed in the table below.
*Although USAA has the highest cost rating, only active-duty military personnel, veterans, and their families are eligible for its services.
**The above rate estimates are based on a 35-year-old single driver with a clean driving record and solid credit history who drives a 2022 Toyota Camry. This data, along with other considerations including the types and quantities of discounts, go into our cost rating.
Cheap Regional Car Insurance Companies
United Mutual, Pemco, Farm Bureau, MMG, and Safety Insurance are among the most affordable regional auto insurance providers. It is a good idea to compare rates from local as well as national auto insurance carriers because there are a lot of regional suppliers in the nation.
| Cheap Local Car Insurance Company | State Availability |
| Union Mutual Insurance | New England and New York |
| Pemco Insurance | Washington and Oregon |
| Farm Bureau Insurance | Affiliates in all 50 states |
| MMG Insurance | Maine, New Hampshire, Vermont, Pennsylvania and Virginia |
| Safety Auto Insurance | Massachusetts, Maine and New Hampshire |
| Country Financial | Available in 19 states |
| Auto-Owners | Available in 26 states |
| Erie | Available in 12 states |
| Grange Insurance Association | Washington, Oregon, California, Idaho, Colorado and Wyoming |
| NJM Insurance | Connecticut, Maryland, New Jersey, Ohio and Pennsylvania |
| American Family Insurance | Available in 19 states |
Cheapest Car Insurance Rates
The minimum-liability and full-coverage vehicle insurance rates for each state are highlighted below, along with national averages. Our anticipated study for a 35-year-old single driver with a clean driving record and good credit is the basis for the average nationwide cost by firm. While most states only offer minimum-liability coverage, most auto insurance quotes also include estimates for full-coverage policies for people who choose a higher degree of protection. We advise assessing the two forms of coverage.
Cheapest Car Insurance by State
The cheapest auto insurance prices can differ significantly from the previously described national averages, depending on the state in which you reside. Every state has a very different lowest provider.
The companies that provide the most affordable minimum liability and full coverage vehicle insurance prices in each state are highlighted in the sections below.
Cheapest Car Insurance Quotes
Even while the cost information above can assist you in locating the finest deals, you won’t be able to determine your exact rate unless you compare auto insurance quotes. Auto insurance companies use even more specific aspects when evaluating what you should pay for a policy, in addition to location and coverage level.
The sections that follow provide a breakdown of the lowest auto insurance quotes for drivers that fit into many crucial vehicle insurance rate-determining variables, such as age, credit score, and driving history.
Cheapest Car Insurance by Age
The main factor influencing auto insurance rates is age. Certain age groups of drivers—typically seniors and teenagers—are seen as more risk than the majority of drivers, and their rates may be higher. The most affordable auto insurance quotes for senior citizens and young drivers are highlighted in the sections below.
Cheapest Car Insurance for 16-Year-Olds
The average cost of individual full-coverage premiums for sixteen-year-olds is $7,378. This sum is applicable to drivers under the age of sixteen who are named on a car title and who utilize a parent or legal guardian to buy a stand-alone insurance policy. A family insurance coverage can save hundreds of dollars annually by include a teen. For 16-year-olds, the cheapest full coverage auto insurance is provided by Auto-Owners, Nationwide, and Geico.
Cheapest Car Insurance for High-Risk Drivers
Not everyone is in the best position or has the best driving record to get the best deals. The average full-coverage vehicle insurance rates for drivers with a recent accident, speeding ticket, or DUI are displayed in the sections below for a few well-known carriers.
