Cheapest Car Insurance Companies 2022
If you are looking for the cheapest car insurance, you are at the right place. ibsaudioprogram100 analyzes car insurers’ prices nationwide to find affordable car insurance for various drivers.
The cheapest car insurance is probably the minimum coverage that your state requires, so we focused our analysis on minimum rates. In many states, it is only liability insurance that covers property damage and medical bills to others as a result of accidents you cause.
Incase you are new here, you may want to know what a car insurance is before proceeding.
Car Insurance 2022
Why you can trust ibsaudioprogram100: Our authors and editors follow strict editorial guidelines to ensure the honesty and accuracy of our data writing and analysis. You can trust the prices we show you because our data analysts take strict measures to eliminate outliers and inaccuracies in price data that include the rates of any zip code in the country where coverage and data are available. When comparing rates for different coverage amounts, ages and backgrounds, we always change only one variable, so you can easily see how each factor affects the price. Read our approach.
with Insure.com
See how much you can save on car insurance
It’s easy to compare personalized prices and see how much it can save you when changing car insurance.
zip code
I’m not sure
Get started with Insure.com
Another alternative is full coverage, but it can cost an average of more than $ 1,000 a year than the annual minimum insurance. It has additional coverage, such as uninsured / underinsured motorist protection and comprehensive and accident insurance.
Nerdy Tip: If you have a rental or car rental company, your lender will probably ask you to buy a comprehensive and covered collision. These types of coverage pay off if your car is stolen or damaged in an accident you have caused and other scenarios.
If you need more than one voucher, take a look at our analysis of the cheapest insurance with full coverage. If you are just looking for the cheapest car insurance, we list the cheapest providers of minimum coverage below. How to find the cheapest companies
ibsaudioprogram100 editors analyzed minimum vehicle insurance coverage from Quadrant Information Services, a price analysis company. Our analysis looked at 40-year-old drivers with all zip codes in 50 U.S. states. and in Washington, DC, with various driving and credit histories. All drivers have a Toyota Camry L 2019.
The cheapest car insurance 2022
According to the latest analysis of minimum insurance rates by ibsaudioprogram100, Geico is the cheapest large car insurance company in the country. The average annual Geico rate is $ 354, or about $ 29 per month. The company has received a 4.5 star rating from ibsaudioprogram100.
Here are the cheapest annual car insurance payments for the six most popular car insurers in the United States. We also include standard fees for some small businesses. These fees are only for the minimum coverage of the state mandate. Our “good driver” profile is 40 years old without offenses and “good” level credits. These rates are standard only; The cheapest car insurance for you may be different.
Cheap car insurance from the largest companies
Company
Average annual rate
Average monthly rate
1. Geiko
$ 354
$ 29
2. State farm
$ 452
$ 38
3. Progressive
$ 619
$ 52
4. Farmers
$ 620
$ 52
5. Allstate
$ 666
$ 55
USA *
$ 356
$ 30
* USAA car insurance is only available to the military, veterans and their families.
»MORE: Cheapest car insurance
Cheap car insurance for small businesses
Finding cheap car insurance doesn’t mean you have to stay with big insurance companies. Central Insurance, MMG and Secura, smaller insurance companies that offer coverage in many states, have cheaper car insurance rates than Geico.
Although availability may be limited, regional and small insurance companies can beat the cheapest vehicle insurance rates of large carriers. In addition, they always have good customer service.
Company
Average annual rate
Average monthly rate
1. Central insurance
$ 257
$ 21
MMG
$ 287
$ 24
3. Secura
$ 319
$ 27
4. Head-to-head in Hastings
$ 428
$ 36
5. Head-to-head in Enumclaw
$ 499
$ 42
We chose these companies because of their short prices and availability in many countries. But where you live, car insurance options may be cheaper. For example, many Farm Bureau insurance companies are only available in one state, but in our analysis they are always some of the cheapest.
Cheap state car insurance
What is considered cheap car insurance will vary depending on where you live, because rates vary from state to state.
For the sake of comparison, we found the cheapest car insurance company on average in each state and Washington, D.C.
State
Cheapest company
Average annual rate
Alabama
Geico
$261
Alaska
Geico
$274
Arizona
Geico
$272
Arkansas
Southern Farm Bureau Insurance
$261
California
Geico
$374
Colorado
American National
$192
Connecticut
Geico
$421
Delaware
Geico
$568
Florida
Geico
$704
Georgia
Auto-Owners
$314
Hawaii
Geico
$285
Idaho
American National
$135
Illinois
Pekin
$234
Indiana
Pekin
$195
Iowa
Western National
$164
Kansas
State Farm
$322
Kentucky
Kentucky Farm Bureau
$389
Louisiana
Geico
$443
Maine
Geico
$176
Maryland
Geico
$559
Massachusetts
State Farm
$209
Michigan
Travelers
$106
Minnesota
North Star
$259
Mississippi
State Farm
$337
Missouri
Columbia
$289
Montana
State Farm
$213
Nebraska
EMC
$181
Nevada
Geico
$329
New Hampshire
MMG
$209
New Jersey
Amica
$539
New Mexico
Central Insurance
$224
New York
Main Street America
$572
North Carolina
Geico
$278
North Dakota
Nodak
$174
Ohio
Erie
$211
Oklahoma
Geico
$247
Oregon
State Farm
$443
Pennsylvania
Geico
$181
Rhode Island
State Farm
$310
South Carolina
American National
$217
South Dakota
Farmers Mutual of Nebraska
$172
Tennessee
Grange Insurance Company
$193
Texas
Geico
$377
Utah
Geico
$305
Vermont
Union Mutual
$182
Virginia
Geico
$305
Washington
Grange Insurance Association
$327
Washington, D.C.
Geico
$374
West Virginia
Erie
$298
Wisconsin
Geico
$203
Wyoming
Geico
$170
But state averages can tell you only so much. Even within a state, car insurance rates for minimum coverage can differ. That’s why ibsaudioprogram100 analyzed rates for some of the largest cities in the U.S.
Take a look at the cheapest car insurance options by clicking on your city in the table below
Cheap car insurance analysis by city
Albuquerque
Louisville
Atlanta
Memphis
Austin
Miami
Boston
Nashville
Charlotte
New York City
Chicago
Oklahoma City
Colorado Springs
Omaha
Columbus
Philadelphia
Dallas
Phoenix
Denver
Portland
Detroit
Raleigh
El Paso
Sacramento
Fort Worth
San Antonio
Fresno
San Diego
Houston
San Francisco
Indianapolis
San Jose
Jacksonville
Seattle
Kansas City
Tampa
Las Vegas
Tucson
Los Angeles
Tulsa
with Insure.com
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.
ZIP Code
undefined
Get started on Insure.com
Cheap auto insurance after an accident or DUI
Depending on your driving record, the most affordable car insurance company varies. The tables below show the average car insurance fees from the largest companies for post-accident drivers, such as DUI.
We have found that Geico has the lowest average rate for drivers with an accident. The American Family is generally the cheapest for drivers with DUI.
The cheapest car insurance after an accident
Company
Average annual rate after a defective accident
1. Geiko
$ 577
2. State farm
618 US dollars
3. Travelers
634 US dollars
4. American family
$ 651
5. Lanlík
$ 901
USA *
$ 535
* USAA car insurance is only available to the military, veterans and their families.
»MORE: How much will the car insurance premium increase after the accident
Cheapest car insurance on DUI
Company
Average annual DUI rate
1. american family
$ 716
2. Travelers
$ 754
3. Progressive
$ 755
4. State farm
$ 839
5. Farmers
$ 905
USA *
$ 621
* USAA car insurance is only available to the military, veterans and their families. »MORE: Find the cheapest car insurance for DUI
Are you looking for cheaper car insurance? Try a small insurance company. Drivers with a serious accident, such as the recent DUI, will find the cheapest car insurance payments with MMG and other insurers in the region.
Prices vary depending on many personal factors. Compare car insurance deals from at least three insurers to find the most affordable car insurance for you. »MORE: Compare car insurance
Cheap car insurance for bad credit
Your driving records are not the only factor that can increase your rates. Many insurers also use credit-based insurance scores to help calculate car insurance rates. This can make it difficult in many states to obtain cheap car insurance with a bad credit card.
A credit score includes the same factors as a regular credit score, such as debt and payment history, but has a different weight. California, Hawaii, Massachusetts and Michigan do not allow insurers to use credit to determine car insurance fees. »MORE: What you should know about a brand of credit-based insurance
The loan can have a shocking effect on car insurance costs. Drivers with a bad credit card can pay an average of more than $ 400 a year more than those with a good credit card.
Categories: Car insurance