Cheapest Car Insurance Companies in 2022 (as low as $75/month) (2023)

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Progressive and Geico were found to have the lowest auto insurance rates among the more than 30 auto insurance providers CarInsurance.com studied.

Cheapest Car Insurance Companies in 2022 (as low as $75/month) (1)

Written by:

Laura Longero

Cheapest Car Insurance Companies in 2022 (as low as $75/month) (2)

Reviewed by:

Cheapest Car Insurance Companies in 2022 (as low as $75/month) (3)

Cheapest Car Insurance Companies in 2022 (as low as $75/month) (4)

Nupur Gambhir

Managing EditorCheapest Car Insurance Companies in 2022 (as low as $75/month) (5)

Nupur Gambhir is a content editor and licensed life, health, and disability insurance expert. She has extensive experience bringing brands to life and has built award-nominated campaigns for travel and tech. Her insurance expertise has been featured in Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker, The Financial Gym, and the end-of-life planning service.

$875

$1,280

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Cheapest Car Insurance Companies in 2022 (as low as $75/month) (6)

$1,450

Cheapest Car Insurance Companies in 2022 (as low as $75/month) (7)

Progressive and Geico have the cheapest car insurance rates in 2022.

CarInsurance.com compared more than 30 auto insurance providers across the United States to find the insurers offering the best rates. In addition to Progressive and Geico, major insurers Travelers, Farmers, Erie, State Farm, Nationwide, Allstate and USAA also offer some of the lowest auto insurance prices.

Shopping around and comparing quotes for similar coverage from different car insurance companies is the best way to find the most affordable car insurance without compromising on quality.

But does everyone do so?

Not necessarily, says William Shughart, professor in public choice at the Jon M. Huntsman School of Business at Utah State University.

Expert Advice

Cheapest Car Insurance Companies in 2022 (as low as $75/month) (8)

William Shughart

Professor in public choice at the Jon M. Huntsman School of Business at Utah State University

(Video) Never Buy This Car Insurance

“Car insurance buyers, like voters in political elections, are time- and attention-constrained and therefore do not devote much energy to searching for information about the alternatives available to them,” says Shughart.

“Theories of consumer searches conclude that it is optimal to stop when the costs of gathering one more piece of information (value of other uses of time forgone) equal the perceived benefits of continued search (lower price or improved quality).”

But we can help. In this article, we provide all the information and tips you need to find cheap car insurance no matter what driving habits you have.

Table of Contents

  • Cheapest car insurance company overall
  • Cheapest car insurance company for you
  • Cheapest car insurance rates from major auto insurance providers by driver profile
  • Cheapest car insurance for drivers with poor credit
  • Cheapest car insurance after a speeding ticket
  • Cheapest car insurance after an accident
  • Cheapest car insurance for teens

Cheapest car insurance company overall

Progressive is the cheapest major car insurance company for full coverage policies, providing savings of $850 compared to the national average. Progressive is also the cheapest insurance company for liability and state minimum coverage levels.

Geico is the second-cheapest car insurance company overall and has the cheapest rates for drivers who have speeding tickets, accidents or bad credit. Readers should note that Liberty Mutual, one of the biggest auto insurers in the U.S., is not included in the list of cheapest car insurance companies because of a lack of public rate information from the company.

Please note: The data in this report is from our analysis of various driver profiles from dozens of major carriers. The rates reported here are averages that give you an idea of coverage costs for different scenarios.

However, exactly what you pay will depend on your own personal circumstances. Car insurance quotes vary based on your age, location, driving record, credit-based insurance score, driving habits and the type of vehicle you drive.

Cheapest car insurance company for you

Show all

Cheapest car insurance rates from major auto insurance providers by driver profile

Senior Drivers

Progressive

$724/yr.

Low-mileage Drivers

Farmers

$899/yr.

Drivers with Speeding Tickets

Geico

$1,419/yr.

Poor Credit

Geico

$2,094/yr.

Teen Drivers

Geico

$2,886/yr.

Cheapest car insurance for drivers with poor credit

Geico has the lowest rate for drivers with poor credit among the auto insurance carriers surveyed. If you’re looking for cheap car insurance with poor credit, you’ll see in the table below how companies compare. Note that though other companies have a lower percentage increase for poor credit, Geico has the lowest price.

Good credit and bad credit by company
CompanyGood creditBad credit% Increase$ Increase
Geico$1,109$2,09485%$986
Nationwide$1,598$2,24441%$646
Progressive$1,483$2,64477%$1,161
Allstate$1,868$2,90656%$1,038
State Farm$1,400$3,012113%$1,613
Farmers$1,753$3,03978%$1,279

How Can I Get Cheap Car Insurance with Bad Credit?

Cheapest car insurance after a speeding ticket

Geico has the lowest insurance cost after a speeding ticket (exceeding the limit by 11 to 15 mph), according to a 2022 CarInsurance.com data analysis. Tickets for moving violations affect how much you pay for car insurance, so part of keeping your cost low is maintaining a clean driving record.

Insurance companies check your driving history upon renewal or when you get quotes for a new policy and use that information for rate pricing. Typically, you’ll pay higher rates if you’ve had a recent moving violation, such as a speeding ticket.

However, each company assesses risk differently, so even if you have driving infractions on your record, you’ll save if you compare car insurance companies. Below is a breakdown of average increases for speeding tickets by company.

Average increases for speeding tickets by company
CompanyAverage rateRate with speeding ticket% Increase$ Increase
Geico$1,109$1,41928%$309
State Farm$1,400$1,62415%$225
Nationwide$1,590$1,88319%$293
Progressive$1,509$1,93530%$426
Farmers$1,624$1,95022%$325
Allstate$1,868$2,23319%$364

How much do car insurance rates go up after a speeding ticket?

Cheapest car insurance after an accident

Drivers likely will see their car insurance premiums increase after an at-fault accident, but drivers can still shop around to get the best rates. Again, you'll see Geico has a high percentage increase for drivers with a recent accident claim but has the lowest car insurance rate for those who have had a wreck, according to our rate analysis. The data below is for a claim of property damage above $2,000.

6 Cheapest auto insurance companies for drivers after accident
CompanyAverage rateRate after claim$ Increase% Increase
Geico$1,109$1,578$46943%
State Farm$1,400$1,670$27019%
Progressive$1,517$1,821$30519%
Farmers$1,537$2,050$51532%
Nationwide$1,521$2,282$76152%
Allstate$1,868$2,631$76241%

How much does insurance go up after an accident?

Cheapest car insurance for teens

Geico is the cheapest car insurance company for teen drivers, among those surveyed in our study of rates for a 17-year-old driver buying their own full coverage policy. However, teenagers can’t buy their own policies without having a parent/guardian cosign until they’ve reached the age of majority in their state.

Car insurance companies consider teens to be high-risk drivers due to their lack of experience behind the wheel, so car insurance for teens is pricey in general. However, by comparing car insurance rates, you can still save, regardless of your age.

Below you’ll see which companies have cheap car insurance for teen drivers, based on our rate analysis.

Cheap car insurance for teen drivers
CompanyAverage rate
Geico$2,886
Erie$3,002
Auto-Owners$3,485
Progressive$3,623
State Farm$3,919
Travelers$4,473
Nationwide$4,622
Allstate$5,716
Farmers$6,744
(Video) car insurance online | cheap auto insurance | auto insurance companies | affordable car insurance

USAA is among the cheapest companies with a rate of $2,476 per year but is only available to military members, veterans and their immediate family. Also, Liberty Mutual, one of the biggest auto insurers in the U.S., is not included in the list of insurers offering cheap car insurance because of a lack of public rate information from the company.

How much is car insurance for teen drivers?

Cheapest car insurance for seniors

Progressive has the cheapest auto insurance rates for senior drivers among the insurance companies in our study, about $400 less than Geico and $1,000 less than other major carriers.

Cheap car insurance for senior drivers
CompanyAverage rate
Progressive$724
Geico$1,175
Farmers$1,192
Erie$1,276
Nationwide$1,300
State Farm$1,369
Travelers$1,388
Allstate$1,634
Auto-Owners$1,757

USAA is among the cheapest companies with a rate of $903 a year but is only available to military members, veterans and their immediate families. Also, Liberty Mutual, one of the biggest auto insurers in the U.S., is not included in the list of insurers offering cheap car insurance because of a lack of public rate information from the company.

Senior car insurance : What you need to know?

Cheapest car insurance quotes for low-mileage drivers

If you’re a driver who logs less than about 12,000 miles a year, you could qualify for cheaper auto insurance. Driving less means you have a smaller chance of getting into an accident, so insurance rates for a low-mileage driver will generally be lower than for a driver who is on the road more, all else being equal. Farmers is the cheapest auto insurance company for low-mileage drivers.

Cheap car insurance for low mileage drivers
CompanyAverage rate
Farmers$899
Progressive$1,020
American Family$1,167
Travelers$1,190
State Farm$1,313
Geico$1,441
CSAA Insurance$1,630
Nationwide$1,997
Allstate$2,088
Auto Club Group/AAA$2,495

Cheapest car insurance rates from major auto insurance providers by coverage type

Cheapest insurance for drivers with full coverage

Progressive is the cheapest car insurance company for full coverage policies among those surveyed by CarInsurance.com’s editorial team. Full coverage includes liability insurance, which is required by state law, and both comprehensive and collision coverage.

Cheapest companies for full coverage

Graph

Table

List of cheapest car insurance companies for full coverage
CompanyFull Coverage
Progressive$895
Geico$1,200
Travelers$1,322
Farmers$1,343
Erie$1,372
Auto-Owners$1,435
State Farm$1,505
Nationwide$1,619
Allstate$2,164

Full coverage: 100/300/100 with comprehensive and collision with a $500 deductible

USAA is among the top cheapest companies with a rate of $1,111 a year but is only available to military members, veterans and their immediate families. Also, Liberty Mutual, one of the biggest auto insurers in the U.S., is not included in the list of insurers offering cheap car insurance because of a lack of public rate information from the company.

Cheapest smaller companies for full coverage

CompanyFull Coverage
North Carolina Farm Bureau$1,141
Safety Insurance$1,217
Texas Farm Bureau$1,465
Arbella$1,622
New Jersey Manufacturers Insurance$1,660
Colonial County$1,663
Illinois Farmers$1,695
Mississippi Farm Bureau$1,701
AAA Texas$1,784
United Financial$1,795
Amco$1,798
Mid Century$1,820
Safeco$1,944
New York Central$2,123
Kentucky Farm Bureau$2,193
Louisiana Farm Bureau$2,329
Allied$2,347
Amica$2,585
Safeway$3,074
Foremost$3,569
Victoria$3,610

Show all rows

Full Coverage: 100/300/100 with Comprehensive and Collision, $500 deductible

Cheapest car insurance for liability-only car insurance coverage

Liability insurance pays for damage you cause to other vehicles and property. It does not cover damage to your own car. The table below shows rates for a policy that provides more protection than most state minimums: Bodily injury liability up to $50,000 for injuries per person, up to $100,000 per accident and up to $50,000 for property damage liability.

Cheapest companies for liability only

Graph

Table

List of cheapest car insurance companies for liability only
CompanyLiability Only
Progressive$333
Geico$365
Farmers$436
Auto-Owners$457
USAA$473
Erie$490
State Farm$561
Nationwide$598
Allstate$648

Liability only: 50/100/50

USAA is among the top cheapest companies with a rate of $473 a year but is only available to military members, veterans and their immediate families. Also, Liberty Mutual, one of the biggest auto insurers in the U.S., is not included in the list of insurers offering cheap car insurance because of a lack of public rate information from the company.

Cheap rates from smaller companies for liability only

CompanyLiability Only
North Carolina Farm Bureau$374
Mississippi Farm Bureau$420
Texas Farm Bureau$458
Kentucky Farm Bureau$469
AAA Texas$537
Safety Insurance$558
Mid Century$604
Arbella$648
United Financial$667
Colonial County$708
Illinois Farmers$740
Amco$784
New Jersey Manufacturers Insurance$785
New York Central$843
Safeco$899
Louisiana Farm Bureau$901
Amica$935
Allied$1,265
Safeway$1,310
Victoria$1,480
Foremost$1,749

Show all rows

Liability Only: 50/100/50

Liability car insurance: What it covers, what it costs by state?

Cheapest companies for state minimum car insurance

If you’re looking for an auto policy with bare-bones coverage, Progressive and Geico are the auto insurance companies with the lowest car insurance premiums.

A policy that meets your state’s minimum liability limit requirements is the cheapest car insurance you can get among coverage options. Since a state minimum liability policy is the least amount of coverage you can get, the car insurance premium will be low, as seen in the table below.

Cheapest companies for state minimum

Graph

(Video) What car insurance companies don't tell you about rates

Table

List of cheapest car insurance companies for state minimum
CompanyState Minimum
Progressive$315
Geico$318
USAA$358
Auto-Owners$404
Farmers$405
Erie$414
State Farm$484
Allstate$555
Nationwide$573

State minimum: Lowest liability limits

USAA is among the top cheapest companies with a rate of $358 a year but is only available to military members, veterans and their immediate families. Also, Liberty Mutual, one of the biggest auto insurers in the U.S., is not included in the list of insurers offering cheap car insurance because of a lack of public rate information from the company.

Cheapest smaller companies for state minimum

CompanyState Minimum
North Carolina Farm Bureau$332
Mississippi Farm Bureau$376
Texas Farm Bureau$414
Kentucky Farm Bureau$422
Safety Insurance$435
Arbella$493
AAA Texas$493
United Financial$499
Mid Century$553
New Jersey Manufacturers Insurance$660
Illinois Farmers$681
Amco$687
Louisiana Farm Bureau$698
Amica$703
Colonial County$735
New York Central$757
Victoria$803
Safeco$840
Allied$1,111
Safeway$1,237
Foremost$1,417

Show all rows

State Minimum: Lowest Liability Limits

What is state minimum car insurance?

How to get the cheapest car insurance rates

Comparing car insurance quotes can help you save hundreds of dollars because each car insurance company uses its own formula to calculate your rate. So, the same policy can have different prices among different insurance companies.

Here are a few tips to help you save money on car insurance:

  • Ask about discounts: Common car insurance discounts include those for safe drivers, students, paying in full, paying online, bundling auto and home, insuring a new vehicle, and installing safety features on your car.

  • Increase your deductible: If you increase your deductible, make sure you have cash on hand to pay out the deductible if you file a claim.

  • Comparison shop for insurance: Compare car insurance quotes upon the renewal of your policy – and if you buy a new car, add or remove drivers, add a teen driver, move, buy a house, get married or divorced, have a change in your credit score or get into an accident. Get a car insurance quote from at least three companies.

  • Check safety ratings and buy a safer vehicle: Safer cars have fewer accidents and typically are cheaper to insure.

  • Consider low-mileage or usage-based auto insurance plans: If you don’t drive much – 10,000 miles or so a year – you can save money by purchasing a low-mileage plan from a company like MetroMile.

Check out our detailed guide on the factors that affect car insurance rates

Cheapest car insurance companies by state

Geico is the cheapest car insurance company in 33 states among insurers surveyed.

In the table below, you can see how companies rank in your state, from cheapest to most expensive for car insurance premiums.

Cheapest car insurance companies by state

StateCompany NameFull Coverage
AlaskaState Farm$1,211
AlaskaGeico$1,321
AlaskaUmialik$1,614
AlaskaProgressive$1,661
AlaskaAllstate$1,990
AlabamaGeico$1,214
AlabamaNationwide$1,619
AlabamaProgressive$1,638
AlabamaAllstate$1,742
AlabamaState Farm$1,765
AlabamaMid Century$2,299
ArkansasState Farm$1,341
ArkansasGeico$1,477
ArkansasProgressive$1,676
ArkansasNationwide$1,682
ArkansasFarmers$1,953
ArkansasAllstate$2,447
ArizonaGeico$904
ArizonaProgressive$1,267
ArizonaState Farm$1,587
ArizonaNationwide$2,031
ArizonaFarmers$2,173
ArizonaAllstate$2,737
CaliforniaGeico$1,490
CaliforniaUnited Financial$1,795
CaliforniaAllstate$2,223
CaliforniaState Farm$2,345
CaliforniaFarmers$2,387
CaliforniaAmco$2,510
ColoradoGeico$1,540
ColoradoState Farm$1,629
ColoradoNationwide$1,784
ColoradoAllstate$1,981
ColoradoProgressive$2,125
ColoradoFarmers$2,629
ConnecticutGeico$867
ConnecticutState Farm$1,457
ConnecticutNationwide$1,852
ConnecticutSafeco$2,481
ConnecticutProgressive$2,550
ConnecticutAllstate$3,009
DCGeico$1,042
DCErie$1,671
DCState Farm$1,921
DCProgressive$2,234
DCNationwide$2,485
DelawareGeico$1,282
DelawareTravelers$1,322
DelawareState Farm$1,572
DelawareProgressive$1,660
DelawareNationwide$1,958
DelawareAllstate$3,735
FloridaUSAA$1,111
FloridaGeico$1,701
FloridaState Farm$1,912
FloridaProgressive$2,433
FloridaAllied$2,768
FloridaAllstate$3,049
GeorgiaOwners$1,435
GeorgiaGeico$1,451
GeorgiaState Farm$1,698
GeorgiaNationwide$1,737
GeorgiaProgressive$2,148
GeorgiaAllstate$2,720
HawaiiGeico$975
HawaiiProgressive$1,181
HawaiiState Farm$1,252
HawaiiAllstate$1,724
HawaiiFarmers$2,318
IowaDepositors$1,009
IowaState Farm$1,068
IowaGeico$1,276
IowaProgressive$1,322
IowaFarmers$1,484
IowaAllstate$1,955
IdahoGeico$904
IdahoState Farm$923
IdahoProgressive$989
IdahoFarmers$1,343
IdahoDepositors$1,474
IdahoAllstate$2,078
IllinoisGeico$966
IllinoisState Farm$1,161
IllinoisProgressive$1,316
IllinoisNationwide$1,474
IllinoisFarmers$1,681
IllinoisAllstate$2,632
IndianaGeico$809
IndianaProgressive$895
IndianaState Farm$1,069
IndianaDepositors$1,323
IndianaFarmers$1,606
IndianaAllstate$1,891
KansasNationwide$1,361
KansasGeico$1,428
KansasState Farm$1,434
KansasProgressive$1,500
KansasFarmers$2,066
KansasAllstate$2,341
KentuckyGeico$1,424
KentuckyState Farm$1,646
KentuckyProgressive$1,919
KentuckyKentucky Farm Bur Mut Ins Co$2,193
KentuckyNationwide$3,336
KentuckyAllstate$3,689
LouisianaGeico$1,962
LouisianaLouisiana Farm Bureau$2,329
LouisianaState Farm$2,498
LouisianaProgressive$2,733
LouisianaAllstate$3,009
LouisianaSafeway$3,074
MassachusettsState Farm$714
MassachusettsGeico$1,155
MassachusettsSafety$1,217
MassachusettsArbella$1,622
MassachusettsProgressive$1,977
MassachusettsAllstate$2,109
MarylandGeico$1,320
MarylandNationwide$1,662
MarylandErie$1,679
MarylandState Farm$1,749
MarylandProgressive$1,932
MarylandAllstate$2,553
MaineGeico$634
MaineConcord$797
MaineState Farm$970
MaineProgressive$1,048
MaineMMG$1,319
MaineAllstate$1,711
MichiganGeico$1,453
MichiganProgressive$1,790
MichiganState Farm$3,025
MichiganAllied$3,295
MichiganFarmers$3,661
MichiganAllstate$5,822
MinnesotaState Farm$1,278
MinnesotaProgressive$1,452
MinnesotaGeico$1,479
MinnesotaAmco$1,525
MinnesotaFarmers$1,716
MinnesotaAllstate$2,261
MissouriAmco$1,301
MissouriState Farm$1,410
MissouriAllstate$1,945
MissouriFarmers$2,018
MissouriProgressive$2,048
MissouriGeico$2,066
MississippiGeico$1,358
MississippiState Farm$1,440
MississippiNationwide$1,600
MississippiProgressive$1,655
MississippiMississippi Farm Bureau$1,701
MississippiAllstate$2,348
MontanaState Farm$1,292
MontanaDepositors$1,627
MontanaGeico$1,730
MontanaMid Century$2,189
MontanaProgressive$2,373
MontanaAllstate$2,566
North CarolinaGeico$922
North CarolinaNorth Carolina Farm Bureau$1,141
North CarolinaState Farm$1,269
North CarolinaAllied$1,549
North CarolinaProgressive$1,606
North CarolinaAllstate$2,064
North DakotaState Farm$1,259
North DakotaGeico$1,330
North DakotaAllied$1,361
North DakotaMid Century$1,503
North DakotaProgressive$1,687
North DakotaAllstate$2,324
NebraskaAmco$1,105
NebraskaProgressive$1,292
NebraskaState Farm$1,294
NebraskaGeico$1,618
NebraskaMid Century$1,811
NebraskaAllstate$1,879
New HampshireGeico$721
New HampshireProgressive$862
New HampshireConcord$863
New HampshireState Farm$905
New HampshireNationwide$1,165
New HampshireAllstate$1,999
New JerseyGeico$1,170
New JerseyProgressive$1,312
New JerseyNew Jersey Manufacturers$1,660
New JerseyState Farm$2,018
New JerseyAllstate$2,232
New JerseyForemost$3,569
New MexicoGeico$1,161
New MexicoState Farm$1,241
New MexicoAllied$1,453
New MexicoProgressive$1,453
New MexicoFarmers$1,986
New MexicoAllstate$2,333
NevadaGeico$1,432
NevadaState Farm$1,700
NevadaFarmers$2,206
NevadaProgressive$2,597
NevadaAllstate$2,867
NevadaVictoria$3,610
New YorkGeico$1,385
New YorkProgressive$1,913
New YorkNew York Central$2,123
New YorkState Farm$2,130
New YorkAllstate$2,181
New YorkTravelers$2,638
OhioGeico$653
OhioState Farm$1,068
OhioNationwide$1,121
OhioProgressive$1,138
OhioFarmers$1,383
OhioAllstate$1,781
OklahomaGeico$1,397
OklahomaProgressive$1,489
OklahomaState Farm$1,546
OklahomaFarmers$1,951
OklahomaAllstate$2,136
OklahomaOklahoma Farm Bureau$2,369
OregonProgressive$1,004
OregonState Farm$1,231
OregonGeico$1,306
OregonNationwide$1,493
OregonFarmers$1,577
OregonAllstate$2,362
PennsylvaniaGeico$1,122
PennsylvaniaErie$1,248
PennsylvaniaState Farm$1,365
PennsylvaniaNationwide$1,936
PennsylvaniaProgressive$2,033
PennsylvaniaAllstate$2,496
Rhode IslandGeico$1,103
Rhode IslandState Farm$1,146
Rhode IslandProgressive$1,976
Rhode IslandNationwide$2,489
Rhode IslandAmica$2,585
Rhode IslandAllstate$2,940
South CarolinaGeico$1,324
South CarolinaState Farm$1,491
South CarolinaTravelers Prop Cas Ins Co$1,498
South CarolinaProgressive$1,622
South CarolinaNationwide$1,867
South CarolinaAllstate$2,115
South DakotaState Farm$1,323
South DakotaAmco$1,448
South DakotaGeico$1,522
South DakotaMid Century$1,557
South DakotaProgressive$1,803
South DakotaAllstate$2,203
TennesseeProgressive$1,137
TennesseeGeico$1,161
TennesseeState Farm$1,213
TennesseeMid Century$1,678
TennesseeNationwide$1,747
TennesseeAllstate$2,021
TexasState Farm$1,421
TexasTexas Farm Bureau$1,465
TexasGeico$1,539
TexasColonial$1,663
TexasAAA Texas$1,784
TexasAllstate$3,065
UtahGeico$948
UtahProgressive$1,364
UtahNationwide$1,379
UtahState Farm$1,654
UtahAllstate$1,799
UtahMid Century$1,807
VirginiaNationwide$938
VirginiaProgressive$974
VirginiaState Farm$1,084
VirginiaErie$1,090
VirginiaGeico$1,164
VirginiaAllstate$1,927
VermontGeico$850
VermontConcord$1,006
VermontNationwide$1,128
VermontState Farm$1,339
VermontAllstate$1,926
VermontProgressive$2,212
WashingtonGeico$1,196
WashingtonState Farm$1,384
WashingtonProgressive$1,417
WashingtonNationwide$1,689
WashingtonAllstate$1,787
WashingtonFarmers$2,246
WisconsinGeico$939
WisconsinState Farm$1,028
WisconsinNationwide$1,074
WisconsinArtisan & Truckers$1,429
WisconsinMid Century$1,673
WisconsinAllstate$1,869
West VirginiaState Farm$1,286
West VirginiaErie$1,372
West VirginiaGeico$1,377
West VirginiaNationwide$1,508
West VirginiaProgressive$1,802
West VirginiaAllstate$2,576
WyomingSafeco$1,023
WyomingState Farm$1,310
WyomingMid Century$1,688
WyomingGeico$1,964
WyomingAllstate$2,538

Show all rows

Driver profile is male, age 30 for 100/300/100, comprehensive and collision with $500 deductible.

Car insurance rates by state with interactive map

Cheapest car insurance companies by city

Car insurance rates don’t just differ from state to state. They vary – sometimes greatly – from city to city and even by ZIP code. That’s because your location is an important factor in how insurers calculate rates. But you can find cheap rates in your city by using CarInsurance.com'scar insurance ZIP code calculator.

The bottom line on cheap car insurance in 2022

Given that car insurance rates are expected to keep climbing, remember that comparison shopping for the cheapest car insurance is the most effective way to save money on coverage.

Why you can trust us: Our editorial team is dedicated to providing insurance shoppers with the most accurate and most current information about insurance trends, insurance products and insurance rates. We adhere to the strictest standards of professional journalism. Our reporting is unbiased and free of any influence. The sole mission of our editorial experts is to give you trusted, accurate, informative content to help you make important insurance decisions.

– Michelle Megna contributed to this story.

Cheapest Car Insurance Companies in 2022 (as low as $75/month) (9)

Laura Longero

Executive Editor

Laura is an award-winning editor with experience in content and communications covering auto insurance and personal finance. She has written for several media outlets, including the USA Today Network. She most recently worked in the public sector for the Nevada Department of Transportation.

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FAQs

What is the cheapest car to insure right now? ›

These were the 10 cheapest cars to insure in 2021, according to our data:
  • Subaru Outback ($1,336 annually).
  • Subaru Forester ($1,347 annually).
  • Honda CR-V ($1,359 annually).
  • Jeep Wrangler ($1,406 annually).
  • Hyundai Tucson ($1,406 annually).
  • Mazda CX-5 ($1,412 annually).
  • Ford Escape ($1,427 annually).
15 Sept 2022

How can I get cheaper car insurance renewal? ›

Follow our other top tips to drive the cost down even further.
  1. Limit your mileage. ...
  2. Pay annually. ...
  3. Improve security. ...
  4. Increase your voluntary excess. ...
  5. Build up your no claims bonus discount. ...
  6. Only pay for what you need. ...
  7. See if it's cheaper to buy add-ons as separate products. ...
  8. Consider your cover type.
4 Oct 2021

What is the cheapest month to buy car insurance? ›

The only downside is that it is generally the most expensive time to buy a car insurance policy. “Our data shows that February and August are typically the cheapest months to buy car insurance.

What is the simplest way to lower your auto insurance premium? ›

Here are some ways to save on car insurance1
  1. Increase your deductible.
  2. Check for discounts you qualify for.
  3. Compare auto insurance quotes.
  4. Maintain a good driving record.
  5. Participate in a safe driving program.
  6. Take a defensive driving course.
  7. Explore payment options.
  8. Improve your credit score.

Is Geico cheaper than progressive? ›

Is Progressive Cheaper Than Geico? Both Geico and Progressive offer cheap car insurance to drivers across the country. Geico's rates are typically lower overall, but Progressive tends to offer better prices to those with a recent DUI, at-fault accident or speeding ticket on their driving record.

What time of year is cheapest to insure a car? ›

August is the cheapest month of the year to take out a new car insurance policy, according to new data.

What can lower the cost of car insurance? ›

Reduce the risk

Speeding will driving up your premium – insurers usually charge more if you have points on your licence. If you're buying a new motor, choosing a fast car is an easy way of paying more for your insurance premium. Selecting a more average model in a lower insurance category will help keep the costs down.

What is the best time of day to buy car insurance? ›

Is there a best time of day to buy car insurance? According to data and research from Confused.com, the cheapest time to buy car insurance is between the hours of 6 am and 9 am. Remember: the 'early bird catches the worm'!

What age does car insurance go down? ›

On average, drivers will see their premiums begin to fall around age 25. This reflects the lower risk posed by drivers in their mid-20s as they gain driving experience and maturity, compared to a 17-year-old who has just passed their test.

How do I get better insurance deals? ›

How to get cheaper car insurance
  1. Pick fully comprehensive. Fully comprehensive car insurance offers a higher level of cover than the other two options: ...
  2. Pay annually. ...
  3. Pay more excess. ...
  4. Avoid unnecessary extras. ...
  5. Think about adding extra drivers. ...
  6. Consider how you describe your occupation. ...
  7. Drive fewer miles. ...
  8. Improve car security.
11 Sept 2022

Is it best to shop around for car insurance? ›

Experts typically recommend shopping around every six to twelve months to ensure you're getting the best rate for your car insurance. Car insurance companies change their rates frequently. If you have tickets or accidents, your rate can also decrease as they age.

What time of year is car insurance most expensive? ›

Get a free insurance quote for your vehicle

Drivers who insure their cars in December may pay more than 15% more than those who insure in February, the cheapest time of year, research by MoneySuperMarket found.

How much a month is good for car insurance? ›

The national average cost of car insurance is $1,630 per year, according to NerdWallet's 2022 rate analysis. That works out to an average car insurance rate of about $136 per month.

What 2 Things could reduce your insurance premium? ›

Listed below are other things you can do to lower your insurance costs.
  • Shop around. ...
  • Before you buy a car, compare insurance costs. ...
  • Ask for higher deductibles. ...
  • Reduce coverage on older cars. ...
  • Buy your homeowners and auto coverage from the same insurer. ...
  • Maintain a good credit record. ...
  • Take advantage of low mileage discounts.

Can you ask your insurance company to lower your rate? ›

Can You Negotiate Car Insurance Rates? The simple answer is that you cannot negotiate rates since prices and the insurance industry are heavily regulated by each state. The insurer cannot change its range of rates without a state review along with proof that the change is needed.

Who is cheaper Liberty Mutual or Geico? ›

Geico is a clear winner for affordable car insurance rates. Car insurance quotes from Geico are between 8% and 44% cheaper than those from Liberty Mutual. In addition, both minimum- and full-coverage policies from Geico are cheaper than the national average.

Did Geico rates go up 2022? ›

For policyholders in some states and with certain auto insurers, rate increases could be much steeper. Geico is raising rates in seven states in just the month of June, with rate hikes also taking effect on policy renewals mid-August.

What insurance is cheaper than Allstate? ›

On average, GEICO offers more affordable rates than Allstate for drivers with credit scores of less than 580. Drivers with outstanding credit — a score of 800 or better — should consider GEICO, which typically beats Allstate by $679 per year.

How often should your car insurance go down? ›

If you're a safe driver, you should start seeing a decrease every time you renew your policy, even before you turn 25. After 25, you should see an even greater drop in your rate.

What day should I buy insurance? ›

Buying your car insurance three weeks ahead of the start day is likely to get you the cheapest price from a comparison site, lowering your premium.

When should you shop around for new car insurance? ›

It's recommended that you shop around for car insurance quotes at least once a year. However, to make sure you're getting the absolute best rates, consider shopping for new quotes every six months — the length of a standard policy. An easy way to remember when to shop is to watch for the end of your current policy.

What day of the week is good to buy a car? ›

Mondays. Monday can be the best day of the week to buy a new car. Other potential shoppers are often at work, so representatives at car dealerships are focused on anyone who comes in the door.

What is the best day of the week to buy a car? ›

Best day of the week to buy a car

Studies have shown that car buyers get better deals shopping on Mondays than any other day of the week. This is likely because car dealerships are generally not very busy early in the week which means the sales staff has more time to negotiate.

What's the best day of the month to buy a car? ›

Usually, It's True

In general, the end of the month is, indeed, the best time to buy a new car from a dealership. Even better, you might want to consider buying a car at the end of a quarter — either March, June, September or December.

Are older cars better for insurance? ›

Are older cars cheaper to insure? Yes, most older cars are cheaper to insure, especially in terms of comprehensive and collision insurance. Cars lose value as they age, so the potential insurance payouts after an accident drop as well. This is not the case with many classic or collector cars.

Does insurance go up or down with an older car? ›

In general, auto insurance for older cars may be cheaper than insuring newer vehicles of the same make and model if the used car is cheaper to repair or replace. A car depreciates in value over time, which lowers the maximum amount an insurance company would have to pay in the event of an accident.

Are older cars harder to insure? ›

Older cars are a higher insurance risk

If you own an older vehicle you may find it difficult to find an insurer who will cover your car. Even when you do find an insurer willing to cover your vehicle, you may find yourself faced with incredibly high premiums. This is because older cars pose a higher insurance risk.

Is it possible to negotiate auto insurance? ›

Although you can't negotiate your car insurance rate, you're not contractually obligated to stay with your insurance company. If you find a cheaper rate elsewhere, you can switch insurance providers.

What makes your insurance go up the most? ›

Auto accidents and traffic violations are common explanations for an insurance rate increasing, but there are other reasons why car insurance premiums go up including an address change, new vehicle, and claims in your zip code.

› ... › Car Ownership ›

If you obtain a quote from an auto insurance company to insure a single vehicle, you might end up with a higher quote per vehicle than if you inquired about ins...
Before you buy a new or used car, check into insurance costs. Car insurance premiums are based in part on the car's price, the cost to repair it, its overal...
The best ways to lower your car insurance premiums are to compare prices among insurers, take advantage of all the discounts you can, and adjust your coverage t...

Who is the best car insurer in the UK? ›

Summary: Best car insurance companies in the UK 2022, by category
  • LV=: Best for cheaper rates.
  • Direct Line: Best for customer service.
  • Admiral: Best for multi-car.
  • Saga: Best for over-50s.
  • Veygo: Best for temporary insurance.
  • Hastings Direct: Best for young drivers.
  • Swinton: Best for convicted drivers.
21 Sept 2022

In which type of insurance policy the premium will be the lowest? ›

Term Life Insurance Plans

You can secure your family's financial future with a term life insurance plan by paying a low premium (term insurance plans generally do not have any maturity value, and thus, offer lower rates of premium than other life insurance products.)

What is minimum insurance premium? ›

Minimum Premium — the least amount of premium to be charged for providing a particular insurance coverage. The minimum premium may apply in any number of ways such as per location, per type of coverage, or per policy.

Who has the highest car insurance premiums? ›

Florida is the most expensive state for car insurance with average auto premiums of $2,560 per year – which is about 23% increase in rates from 2021, according to an Insure.com 2022 analysis.

Is it best to shop around for car insurance? ›

Experts typically recommend shopping around every six to twelve months to ensure you're getting the best rate for your car insurance. Car insurance companies change their rates frequently. If you have tickets or accidents, your rate can also decrease as they age.

What are the 3 major car insurances? ›

3 Types of Auto Coverage Explained
  • Liability coverage. Protects you if you cause damage to others and/or their stuff. ...
  • Collision coverage. Covers your car if you hit another car, person or non-moving object (like those darn ornamental rocks cousin Todd has at the end of his driveway). # ...
  • Comprehensive coverage.

Who is the number 1 insurance company in the UK? ›

Admiral Group

The Admiral Group is the largest auto insurance company in the UK with 14% of the motor insurance market, underwriting policies through their Admiral, Bell, Diamond, elephant.co.uk and Gladiator brands.

What is the most basic simplest and cheapest form of insurance? ›

Term Insurance is the simplest and purest form of life insurance. It provides financial protection to your family at the most affordable rates. With term insurance, you can get a large amount of life cover (i.e. sum assured) at a relatively low premium rate.

What are $0 premium plans? ›

A zero-premium plan is a Medicare Advantage plan that has no monthly premium. In other words, you don't pay anything to the insurance company each month for your coverage. That's in comparison with the average Medicare Advantage premium of $23/month in 2020.

Is it better to have a low or high premium? ›

A plan with a low monthly premium seems great because you're paying less every month. However, it typically has a higher deductible, so you'll spend more on healthcare costs before receiving any cost-sharing from insurance.

What is a typical insurance premium? ›

The national average cost of car insurance is $1,630 per year, according to NerdWallet's 2022 rate analysis. That works out to an average car insurance rate of about $136 per month.

What are the 4 major elements of insurance premium? ›

These elements are a definable risk, a fortuitous event, an insurable interest, risk shifting, and risk distribution.

What is the difference between coverage and premium? ›

Your premium is a separate insurance payment from your deductible. While you pay your premium in order to have coverage, you only need to pay your deductible when you file an insurance claim. In other words, paying your premium keeps you covered; paying your deductible gets you closer to having your claim paid.

At what age is car insurance most expensive? ›

18-year-old drivers pay the highest car insurance premiums out of the age groups Bankrate analyzed. Males may expect to pay $5,694 per year for full coverage, and females, on average, pay $4,964 per year.

How do you beat a high car insurance? ›

Listed below are other things you can do to lower your insurance costs.
  1. Shop around. ...
  2. Before you buy a car, compare insurance costs. ...
  3. Ask for higher deductibles. ...
  4. Reduce coverage on older cars. ...
  5. Buy your homeowners and auto coverage from the same insurer. ...
  6. Maintain a good credit record. ...
  7. Take advantage of low mileage discounts.

Does age make a difference in car insurance? ›

Once young drivers gain more experience and hit age 25, their car insurance costs drop about 33%. Costs continue to generally decline with each birthday. Once drivers reach age 50, they'll see their best rates. Around age 60, however, auto insurance costs begin to increase and compare to what drivers see in their 40s.

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