Updated on:
Progressive and Geico were found to have the lowest auto insurance rates among the more than 30 auto insurance providers CarInsurance.com studied.
Written by:
Laura Longero
Reviewed by:
Nupur Gambhir
Managing Editor
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.
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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
William Shughart
Professor in public choice at the Jon M. Huntsman School of Business at Utah State University
“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
For full coverage
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$75 per month; $895 a year
For liability-only
Progressive
$28 per month; $333 a year
For state minimum
Progressive
$26 per month; $315 a year
For drivers with speeding tickets
Geico
$118 per month; $1,419 year
For poor credit
Geico
$175 per month; $2,094 a year
For senior drivers
Progressive
$60 per month; $724 a year
For teens
Geico
$241 per month: $2,886 a year
For low-mileage drivers
Farmers
$75 per month: $899 a year
(Video) Why am I paying 650$ car insurance per month?For drivers with accidents
Geico
$132 per month: $1,578 a year
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.
Drivers with Accidents
Geico
$1,578/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.
| Company | Good credit | Bad credit | % Increase | $ Increase |
|---|---|---|---|---|
| Geico | $1,109 | $2,094 | 85% | $986 |
| Nationwide | $1,598 | $2,244 | 41% | $646 |
| Progressive | $1,483 | $2,644 | 77% | $1,161 |
| Allstate | $1,868 | $2,906 | 56% | $1,038 |
| State Farm | $1,400 | $3,012 | 113% | $1,613 |
| Farmers | $1,753 | $3,039 | 78% | $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.
| Company | Average rate | Rate with speeding ticket | % Increase | $ Increase |
|---|---|---|---|---|
| Geico | $1,109 | $1,419 | 28% | $309 |
| State Farm | $1,400 | $1,624 | 15% | $225 |
| Nationwide | $1,590 | $1,883 | 19% | $293 |
| Progressive | $1,509 | $1,935 | 30% | $426 |
| Farmers | $1,624 | $1,950 | 22% | $325 |
| Allstate | $1,868 | $2,233 | 19% | $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.
| Company | Average rate | Rate after claim | $ Increase | % Increase |
|---|---|---|---|---|
| Geico | $1,109 | $1,578 | $469 | 43% |
| State Farm | $1,400 | $1,670 | $270 | 19% |
| Progressive | $1,517 | $1,821 | $305 | 19% |
| Farmers | $1,537 | $2,050 | $515 | 32% |
| Nationwide | $1,521 | $2,282 | $761 | 52% |
| Allstate | $1,868 | $2,631 | $762 | 41% |
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.
| Company | Average 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 |
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.
| Company | Average 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.
| Company | Average 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
| Company | Full 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
| Company | Full 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
| Company | Liability 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
| Company | Liability 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
Table
| Company | State 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
| Company | State 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
| State | Company Name | Full Coverage |
|---|---|---|
| Alaska | State Farm | $1,211 |
| Alaska | Geico | $1,321 |
| Alaska | Umialik | $1,614 |
| Alaska | Progressive | $1,661 |
| Alaska | Allstate | $1,990 |
| Alabama | Geico | $1,214 |
| Alabama | Nationwide | $1,619 |
| Alabama | Progressive | $1,638 |
| Alabama | Allstate | $1,742 |
| Alabama | State Farm | $1,765 |
| Alabama | Mid Century | $2,299 |
| Arkansas | State Farm | $1,341 |
| Arkansas | Geico | $1,477 |
| Arkansas | Progressive | $1,676 |
| Arkansas | Nationwide | $1,682 |
| Arkansas | Farmers | $1,953 |
| Arkansas | Allstate | $2,447 |
| Arizona | Geico | $904 |
| Arizona | Progressive | $1,267 |
| Arizona | State Farm | $1,587 |
| Arizona | Nationwide | $2,031 |
| Arizona | Farmers | $2,173 |
| Arizona | Allstate | $2,737 |
| California | Geico | $1,490 |
| California | United Financial | $1,795 |
| California | Allstate | $2,223 |
| California | State Farm | $2,345 |
| California | Farmers | $2,387 |
| California | Amco | $2,510 |
| Colorado | Geico | $1,540 |
| Colorado | State Farm | $1,629 |
| Colorado | Nationwide | $1,784 |
| Colorado | Allstate | $1,981 |
| Colorado | Progressive | $2,125 |
| Colorado | Farmers | $2,629 |
| Connecticut | Geico | $867 |
| Connecticut | State Farm | $1,457 |
| Connecticut | Nationwide | $1,852 |
| Connecticut | Safeco | $2,481 |
| Connecticut | Progressive | $2,550 |
| Connecticut | Allstate | $3,009 |
| DC | Geico | $1,042 |
| DC | Erie | $1,671 |
| DC | State Farm | $1,921 |
| DC | Progressive | $2,234 |
| DC | Nationwide | $2,485 |
| Delaware | Geico | $1,282 |
| Delaware | Travelers | $1,322 |
| Delaware | State Farm | $1,572 |
| Delaware | Progressive | $1,660 |
| Delaware | Nationwide | $1,958 |
| Delaware | Allstate | $3,735 |
| Florida | USAA | $1,111 |
| Florida | Geico | $1,701 |
| Florida | State Farm | $1,912 |
| Florida | Progressive | $2,433 |
| Florida | Allied | $2,768 |
| Florida | Allstate | $3,049 |
| Georgia | Owners | $1,435 |
| Georgia | Geico | $1,451 |
| Georgia | State Farm | $1,698 |
| Georgia | Nationwide | $1,737 |
| Georgia | Progressive | $2,148 |
| Georgia | Allstate | $2,720 |
| Hawaii | Geico | $975 |
| Hawaii | Progressive | $1,181 |
| Hawaii | State Farm | $1,252 |
| Hawaii | Allstate | $1,724 |
| Hawaii | Farmers | $2,318 |
| Iowa | Depositors | $1,009 |
| Iowa | State Farm | $1,068 |
| Iowa | Geico | $1,276 |
| Iowa | Progressive | $1,322 |
| Iowa | Farmers | $1,484 |
| Iowa | Allstate | $1,955 |
| Idaho | Geico | $904 |
| Idaho | State Farm | $923 |
| Idaho | Progressive | $989 |
| Idaho | Farmers | $1,343 |
| Idaho | Depositors | $1,474 |
| Idaho | Allstate | $2,078 |
| Illinois | Geico | $966 |
| Illinois | State Farm | $1,161 |
| Illinois | Progressive | $1,316 |
| Illinois | Nationwide | $1,474 |
| Illinois | Farmers | $1,681 |
| Illinois | Allstate | $2,632 |
| Indiana | Geico | $809 |
| Indiana | Progressive | $895 |
| Indiana | State Farm | $1,069 |
| Indiana | Depositors | $1,323 |
| Indiana | Farmers | $1,606 |
| Indiana | Allstate | $1,891 |
| Kansas | Nationwide | $1,361 |
| Kansas | Geico | $1,428 |
| Kansas | State Farm | $1,434 |
| Kansas | Progressive | $1,500 |
| Kansas | Farmers | $2,066 |
| Kansas | Allstate | $2,341 |
| Kentucky | Geico | $1,424 |
| Kentucky | State Farm | $1,646 |
| Kentucky | Progressive | $1,919 |
| Kentucky | Kentucky Farm Bur Mut Ins Co | $2,193 |
| Kentucky | Nationwide | $3,336 |
| Kentucky | Allstate | $3,689 |
| Louisiana | Geico | $1,962 |
| Louisiana | Louisiana Farm Bureau | $2,329 |
| Louisiana | State Farm | $2,498 |
| Louisiana | Progressive | $2,733 |
| Louisiana | Allstate | $3,009 |
| Louisiana | Safeway | $3,074 |
| Massachusetts | State Farm | $714 |
| Massachusetts | Geico | $1,155 |
| Massachusetts | Safety | $1,217 |
| Massachusetts | Arbella | $1,622 |
| Massachusetts | Progressive | $1,977 |
| Massachusetts | Allstate | $2,109 |
| Maryland | Geico | $1,320 |
| Maryland | Nationwide | $1,662 |
| Maryland | Erie | $1,679 |
| Maryland | State Farm | $1,749 |
| Maryland | Progressive | $1,932 |
| Maryland | Allstate | $2,553 |
| Maine | Geico | $634 |
| Maine | Concord | $797 |
| Maine | State Farm | $970 |
| Maine | Progressive | $1,048 |
| Maine | MMG | $1,319 |
| Maine | Allstate | $1,711 |
| Michigan | Geico | $1,453 |
| Michigan | Progressive | $1,790 |
| Michigan | State Farm | $3,025 |
| Michigan | Allied | $3,295 |
| Michigan | Farmers | $3,661 |
| Michigan | Allstate | $5,822 |
| Minnesota | State Farm | $1,278 |
| Minnesota | Progressive | $1,452 |
| Minnesota | Geico | $1,479 |
| Minnesota | Amco | $1,525 |
| Minnesota | Farmers | $1,716 |
| Minnesota | Allstate | $2,261 |
| Missouri | Amco | $1,301 |
| Missouri | State Farm | $1,410 |
| Missouri | Allstate | $1,945 |
| Missouri | Farmers | $2,018 |
| Missouri | Progressive | $2,048 |
| Missouri | Geico | $2,066 |
| Mississippi | Geico | $1,358 |
| Mississippi | State Farm | $1,440 |
| Mississippi | Nationwide | $1,600 |
| Mississippi | Progressive | $1,655 |
| Mississippi | Mississippi Farm Bureau | $1,701 |
| Mississippi | Allstate | $2,348 |
| Montana | State Farm | $1,292 |
| Montana | Depositors | $1,627 |
| Montana | Geico | $1,730 |
| Montana | Mid Century | $2,189 |
| Montana | Progressive | $2,373 |
| Montana | Allstate | $2,566 |
| North Carolina | Geico | $922 |
| North Carolina | North Carolina Farm Bureau | $1,141 |
| North Carolina | State Farm | $1,269 |
| North Carolina | Allied | $1,549 |
| North Carolina | Progressive | $1,606 |
| North Carolina | Allstate | $2,064 |
| North Dakota | State Farm | $1,259 |
| North Dakota | Geico | $1,330 |
| North Dakota | Allied | $1,361 |
| North Dakota | Mid Century | $1,503 |
| North Dakota | Progressive | $1,687 |
| North Dakota | Allstate | $2,324 |
| Nebraska | Amco | $1,105 |
| Nebraska | Progressive | $1,292 |
| Nebraska | State Farm | $1,294 |
| Nebraska | Geico | $1,618 |
| Nebraska | Mid Century | $1,811 |
| Nebraska | Allstate | $1,879 |
| New Hampshire | Geico | $721 |
| New Hampshire | Progressive | $862 |
| New Hampshire | Concord | $863 |
| New Hampshire | State Farm | $905 |
| New Hampshire | Nationwide | $1,165 |
| New Hampshire | Allstate | $1,999 |
| New Jersey | Geico | $1,170 |
| New Jersey | Progressive | $1,312 |
| New Jersey | New Jersey Manufacturers | $1,660 |
| New Jersey | State Farm | $2,018 |
| New Jersey | Allstate | $2,232 |
| New Jersey | Foremost | $3,569 |
| New Mexico | Geico | $1,161 |
| New Mexico | State Farm | $1,241 |
| New Mexico | Allied | $1,453 |
| New Mexico | Progressive | $1,453 |
| New Mexico | Farmers | $1,986 |
| New Mexico | Allstate | $2,333 |
| Nevada | Geico | $1,432 |
| Nevada | State Farm | $1,700 |
| Nevada | Farmers | $2,206 |
| Nevada | Progressive | $2,597 |
| Nevada | Allstate | $2,867 |
| Nevada | Victoria | $3,610 |
| New York | Geico | $1,385 |
| New York | Progressive | $1,913 |
| New York | New York Central | $2,123 |
| New York | State Farm | $2,130 |
| New York | Allstate | $2,181 |
| New York | Travelers | $2,638 |
| Ohio | Geico | $653 |
| Ohio | State Farm | $1,068 |
| Ohio | Nationwide | $1,121 |
| Ohio | Progressive | $1,138 |
| Ohio | Farmers | $1,383 |
| Ohio | Allstate | $1,781 |
| Oklahoma | Geico | $1,397 |
| Oklahoma | Progressive | $1,489 |
| Oklahoma | State Farm | $1,546 |
| Oklahoma | Farmers | $1,951 |
| Oklahoma | Allstate | $2,136 |
| Oklahoma | Oklahoma Farm Bureau | $2,369 |
| Oregon | Progressive | $1,004 |
| Oregon | State Farm | $1,231 |
| Oregon | Geico | $1,306 |
| Oregon | Nationwide | $1,493 |
| Oregon | Farmers | $1,577 |
| Oregon | Allstate | $2,362 |
| Pennsylvania | Geico | $1,122 |
| Pennsylvania | Erie | $1,248 |
| Pennsylvania | State Farm | $1,365 |
| Pennsylvania | Nationwide | $1,936 |
| Pennsylvania | Progressive | $2,033 |
| Pennsylvania | Allstate | $2,496 |
| Rhode Island | Geico | $1,103 |
| Rhode Island | State Farm | $1,146 |
| Rhode Island | Progressive | $1,976 |
| Rhode Island | Nationwide | $2,489 |
| Rhode Island | Amica | $2,585 |
| Rhode Island | Allstate | $2,940 |
| South Carolina | Geico | $1,324 |
| South Carolina | State Farm | $1,491 |
| South Carolina | Travelers Prop Cas Ins Co | $1,498 |
| South Carolina | Progressive | $1,622 |
| South Carolina | Nationwide | $1,867 |
| South Carolina | Allstate | $2,115 |
| South Dakota | State Farm | $1,323 |
| South Dakota | Amco | $1,448 |
| South Dakota | Geico | $1,522 |
| South Dakota | Mid Century | $1,557 |
| South Dakota | Progressive | $1,803 |
| South Dakota | Allstate | $2,203 |
| Tennessee | Progressive | $1,137 |
| Tennessee | Geico | $1,161 |
| Tennessee | State Farm | $1,213 |
| Tennessee | Mid Century | $1,678 |
| Tennessee | Nationwide | $1,747 |
| Tennessee | Allstate | $2,021 |
| Texas | State Farm | $1,421 |
| Texas | Texas Farm Bureau | $1,465 |
| Texas | Geico | $1,539 |
| Texas | Colonial | $1,663 |
| Texas | AAA Texas | $1,784 |
| Texas | Allstate | $3,065 |
| Utah | Geico | $948 |
| Utah | Progressive | $1,364 |
| Utah | Nationwide | $1,379 |
| Utah | State Farm | $1,654 |
| Utah | Allstate | $1,799 |
| Utah | Mid Century | $1,807 |
| Virginia | Nationwide | $938 |
| Virginia | Progressive | $974 |
| Virginia | State Farm | $1,084 |
| Virginia | Erie | $1,090 |
| Virginia | Geico | $1,164 |
| Virginia | Allstate | $1,927 |
| Vermont | Geico | $850 |
| Vermont | Concord | $1,006 |
| Vermont | Nationwide | $1,128 |
| Vermont | State Farm | $1,339 |
| Vermont | Allstate | $1,926 |
| Vermont | Progressive | $2,212 |
| Washington | Geico | $1,196 |
| Washington | State Farm | $1,384 |
| Washington | Progressive | $1,417 |
| Washington | Nationwide | $1,689 |
| Washington | Allstate | $1,787 |
| Washington | Farmers | $2,246 |
| Wisconsin | Geico | $939 |
| Wisconsin | State Farm | $1,028 |
| Wisconsin | Nationwide | $1,074 |
| Wisconsin | Artisan & Truckers | $1,429 |
| Wisconsin | Mid Century | $1,673 |
| Wisconsin | Allstate | $1,869 |
| West Virginia | State Farm | $1,286 |
| West Virginia | Erie | $1,372 |
| West Virginia | Geico | $1,377 |
| West Virginia | Nationwide | $1,508 |
| West Virginia | Progressive | $1,802 |
| West Virginia | Allstate | $2,576 |
| Wyoming | Safeco | $1,023 |
| Wyoming | State Farm | $1,310 |
| Wyoming | Mid Century | $1,688 |
| Wyoming | Geico | $1,964 |
| Wyoming | Allstate | $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.
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? ›
- 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).
- Limit your mileage. ...
- Pay annually. ...
- Improve security. ...
- Increase your voluntary excess. ...
- Build up your no claims bonus discount. ...
- Only pay for what you need. ...
- See if it's cheaper to buy add-ons as separate products. ...
- Consider your cover type.
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? ›- Increase your deductible.
- Check for discounts you qualify for.
- Compare auto insurance quotes.
- Maintain a good driving record.
- Participate in a safe driving program.
- Take a defensive driving course.
- Explore payment options.
- Improve your credit score.
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.
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? ›- Pick fully comprehensive. Fully comprehensive car insurance offers a higher level of cover than the other two options: ...
- Pay annually. ...
- Pay more excess. ...
- Avoid unnecessary extras. ...
- Think about adding extra drivers. ...
- Consider how you describe your occupation. ...
- Drive fewer miles. ...
- Improve car security.
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.
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? ›- 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 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.
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 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.
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 ›15 Tips and Ideas for Cutting Car Insurance Costs
Nine ways to lower your auto insurance costs | III
How to Lower Car Insurance Costs in 2022: 8 Best Ways
Who is the best car insurer in the UK? ›
- 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.
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.)
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? ›- 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.
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.
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? ›- 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.
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.