Best Cheapest Car Insurance
Finding the cheapest car insurance can help drivers save hundreds of dollars per year. With rising auto insurance costs nationwide, shopping for an affordable policy that still provides sufficient coverage is crucial. This guide covers the best Cheapest car insurance companies offering low-cost coverage, discounts, and essential considerations to balance affordability and protection.
Key Takeaways:
- The national average for full coverage auto insurance is $2,638 per year ($220 per month), while minimum coverage costs around $767 per year ($64 per month).
- Florida has the highest full coverage insurance rates at $4,171 per year ($348 per month), while Vermont offers the cheapest at $1,470 per year—44% lower than the national average.
- Comparing multiple providers, utilizing discounts, and adjusting coverage options can significantly reduce car insurance costs.
Cheapest Car Insurance Companies by Driver Profile
Best Overall: Auto-Owners
Auto-Owners offers the lowest minimum coverage rates, especially for drivers with a clean record. It’s a great choice for budget-conscious drivers who want basic coverage at the best price.
Best for Military Members: USAA
USAA consistently provides affordable and cheapest car insurance for active military members, veterans, and their families. Its rates are among the lowest, and the company offers exclusive perks like accident forgiveness and bundling discounts.
Best for Drivers with Poor Credit: Geico
Drivers with low credit scores often face higher insurance premiums. Geico provides some of the cheapest rates for drivers in this category, along with solid customer service and an intuitive mobile app.
Best for Stellar Customer Service: Amica
Amica is known for its top-rated customer service and claim satisfaction. While its rates are slightly higher than competitors, its policy perks and quality support make it a strong choice.
Best for Local Offices: State Farm
For drivers who prefer in-person service, State Farm has one of the largest networks of agents across the U.S. It offers competitive rates with strong coverage options and discounts.
Cheapest Car Insurance Companies by Driving Record
| Insurance Company | Clean Record | Speeding Ticket | At-Fault Accident | DUI |
|---|---|---|---|---|
| Auto-Owners | $477 | $553 | $686 | $1,133 |
| USAA | $604 | $719 | $879 | $1,131 |
| Geico | $569 | $696 | $803 | $1,265 |
| Amica | $763 | $934 | $931 | $2,104 |
| State Farm | $911 | $1,058 | $1,192 | $1,643 |
Pro Tip: If you have a speeding ticket, some states allow drivers to complete a defensive driving course to remove points from their record, which could help lower insurance rates.
Cheapest Car Insurance by State
| State | Cheapest Company | Avg. Annual Premium* |
| Alabama | American Independent | $291 |
| Alaska | Geico | $256 |
| Arizona | Geico | $421 |
| Arkansas | The Hanover | $318 |
| California | Geico | $442 |
| Colorado | American National | $253 |
| Connecticut | Geico | $599 |
| Delaware | USAA | $593 |
| Florida | Geico | $940 |
| Georgia | Auto-Owners | $543 |
How to Save on Car Insurance
1. Compare Quotes from Multiple Providers
Always request quotes from at least three different insurers to find the lowest rate for the same coverage.
2. Ask About Discounts
Most insurers offer various discounts, including:
- Multi-policy discount: Bundle home and auto insurance.
- Good driver discount: Maintain a clean driving record.
- Low mileage discount: Drive less than the average annual mileage.
- Telematics discount: Use a tracking device to prove safe driving habits.
3. Adjust Your Coverage Levels
If your car is older, dropping comprehensive and collision coverage could lower your premium significantly.
4. Raise Your Deductible
Opting for a higher deductible can reduce your monthly premium, but make sure you can afford the out-of-pocket costs in case of a claim.
5. Maintain a Good Credit Score
In many states, your credit score affects your insurance rates. Improving your credit could lower your premium over time.
Risks of Cheapest Car Insurance
While finding the cheapest policy can be tempting, it’s important to ensure you have adequate coverage. A state-minimum liability policy might be affordable, but it won’t cover repairs to your car or medical bills if you’re at fault in an accident. Always weigh the risks before selecting a lower-cost plan.
Frequently Asked Questions
What is the best way to lower my car insurance premium?
The best way to lower your premium is by comparing multiple insurers, utilizing discounts, maintaining a clean driving record, and considering higher deductibles.
At what age does car insurance get cheaper?
Rates typically decrease after age 25 as drivers gain more experience. However, seniors over 65 may see slight rate increases due to age-related risk factors.
What is the cheapest car to insure?
According to recent data, mid-sized sedans and compact SUVs like the Toyota Prius, Subaru Outback, and Honda Odyssey tend to have lower insurance costs due to their safety ratings and repair costs.
Final Thoughts
Finding cheapest car insurance requires research and comparison, but there are multiple ways to reduce costs without sacrificing quality coverage. Whether you’re in Arizona looking for cheap car insurance with EBT, Fort Myers seeking affordable auto insurance, or Killeen, TX searching for budget-friendly policies, comparing quotes and utilizing discounts can help you get the best deal.
Make sure to balance affordability with adequate protection, ensuring you have the coverage you need while keeping premiums low. Use the tips in this guide to find the best cheapest car insurance policy for your needs.
Want to know more about other insurances, Read our latest articles.
