Cheapest Car Insurance – Compare Cheapest Car Insurance Companies Rate

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If you’re looking for the cheapest car insurance company comparing the rate is one factor in which you can use to find the cheapest car insurance. However, based on our research of some of the major insurance provider, USAA, GEICO, and State Farm stand out as one of the three leading cheap auto insurance company that offers low yearly rates.  But understand that searching around and comparing quotes across various car insurance companies is the best option to find the cheapest car insurance that suits your budget.

Cheapest Car Insurance - Compare Cheapest Car Insurance Companies Rate
Cheapest Car Insurance – Compare Cheapest Car Insurance Companies Rate

What Is the Cheapest Car Insurance?

The minimum coverage in various states is one factor used to consider the cheapest car insurance. However, based on results, Geico car insurance serves as one of the cheapest and most affordable car insurance quotes in the United State. Geico is suitable for good drivers with good driving records but doesn’t have a military affiliation.

USAA is another cheap auto insurance to look at, but the disadvantage it is only offered to people who have served in the United States Armed Forces or serving in the United States Armed Forces. It offers members the lowest annual rates and it’s rated top among its customers.

State Farm is also an excellent choice for affordable car insurance. The thing about State Farm auto insurance is that it has a less-than-perfect driving record. State Farm offers the lowest average cost of car insurance after a DUI.

Cheapest Car Insurance from the Largest Companies

There are highly reputable insurance companies that offer you the cheapest auto insurance quote or coverage. This includes the following on average annual rate and also average monthly rate:

CompanyAverage annual rateAverage monthly rate
1: Geico$380$32
2: State Farm$500$46
3: Progressive$577$48
4: Farmers$656$55
5: Allstate$759$63
USAA$419$35

Cheap Car Insurance from Smaller Companies

Keep in mind, if you’re looking for affordable car insurance, you don’t have to look for bigger or largest insurance companies. There are also good underrated car insurance companies that offer you even cheaper car insurance rates than what Geico offers you monthly.

CompanyAverage annual rateAverage monthly rate
1: Secura$287$24
2: MMG$309$26
3: Hasting Mutual$419$35
4: Mutual of Enumclaw$469$39
5: Central Insurance$491$41

The information provided above is gotten from NerdWallet, and it is based on their low rates and availability in different states.

Cheap Car Insurance by State

Most time, factors used to determine whether the company offers cheap auto insurance or not include where you live rate and also states. Find out the cheapest car insurance in Florida, Texas, California, New York, Michigan, and more.

StateCheapest companyAverage annual rate
AlabamaGeico$300
AlaskaGeico$274
ArizonaGeico$303
ArkansasSouthern Farm Bureau Insurance$285
California              Geico$395
ColoradoAmerican National$192
ConnecticutGeico$421
DelawareGeico$507
FloridaGeico$469
GeorgiaGeico$461
HawaiiGeico$272
IdahoAmerican National$131
IllinoisPekin$217
IndianaPekin$189
IowaPekin$160
KansasAuto-Owners$338
KentuckyKentucky Farm Bureau$367
LouisianaGeico$461
MaineGeico$176
MarylandGeico$630
MassachusettsState Farm$236
MichiganTravelers$157
MinnesotaNorth Star$289
MississippiMississippi Farm Bureau$338
MissouriColumbia$245
MontanaFarmers Union$219
NebraskaFarmers Mutual of Nebraska$211
NevadaGeico$374
New HampshireMMG$209
New JerseyState Farm$259
New MexicoGeico$303
New YorkUtica National$626
North CarolinaGeico$253
North DakotaNodak$182
OhioWestfield$282
OklahomaGeico$276
OregonOregon Mutual$487
PennsylvaniaGeico$181
Rhode IslandState Farm$347
South CarolinaAmerican National$219
South DakotaFarmers Mutual of Nebraska$165
TennesseeGrange$186
TexasGeico$388
UtahGeico$306
VermontUnion Mutual$171
VirginiaGeico$305
WashingtonPemco$297
Washington, D.C.Geico$434
West VirginiaWestfield$333
WisconsinPekin$202
WyomingGeico$170

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