Finding the cheapest auto insurance takes some know-how and research. Let’s face it: it’s a tedious task. You may be tempted to skip the legwork and just renew your car insurance policy without any savings.

But don’t fret. By making a few, smart decisions, you can find the cheapest auto insurance for your situation, and not compromise the coverage you need to protect yourself financially.

Here we’ll show you how to trim your insurance costs. Comparing car insurance quotes from multiple insurance companies is the most effective way to get cheap car insurance. Our team of insurance experts researched car insurance quotes fielded from major companies for different driver profiles and coverage levels to find the most affordable car insurance rates. The data below show average costs broken down by different variables to highlight factors that might increase or decrease your rates, and to give you an idea of what you can expect to pay.

Who has the cheapest auto insurance?

In our research we found that Geico is the cheapest car insurance company for full coverage policies, among those surveyed by our expert editorial team.

Below, you’ll see the top five cheapest car insurance companies that serve all states listed with their cheapest average rates for coverage. Geico was the most affordable among the insurers researched. Note that USAA's rate of $1,111 or $93 per month makes the list of top cheapest car insurance companies, but was left off the ranking below because of its limited availability to service members and their families. Erie Insurance also came in with very cheap rates, $1,320 ($110 per month), but serves only 12 states. Auto-Owners's average rate ($1,435 yearly, or $120 monthly) is also among the most affordable, but is available in just 26 states.

Top 5 cheapest car insurance companies for full coverage with average rates
CompanyFull Coverage (Annually)Full Coverage (Monthly)
Geico$1,306$109
Progressive$1,602$134
Nationwide$1,659$138
State Farm$1,762$147
Travelers$1,819$152

Note:
*Male with age 30
*Full Coverage : 100/300/100 with Comprehensive and Collision; $500 deductible

Getting cheap car insurance the smart way

Who doesn’t want to get the best deal they can on car insurance? Everyone loves a bargain. And yet, you don’t want to buy cheaper car insurance and then be worried that you aren’t sufficiently covered. Cheap car insurance should never be just about price – it means finding the coverage you need at a cost that fits your budget. Our editors and consumer analyst will show you how to find car insurance that has the best value for you at a price that will still net you savings.

When looking for cheap car insurance, what saves you the most is comparing car insurance quotes to see which car insurance company is the cheapest. Rates differ by hundreds of dollars among insurance companies, which is why it literally pays to shop around. For instance, our experts conducted a rate analysis and found the following potential savings, or the difference between the average highest and lowest prices, for the same policy:

  • Full coverage – average savings of up to 90% or $1,251

When broken down by state, savings on auto insurance rates are even more significant in some cases. For full coverage, drivers in states with the highest average savings can trim around $2,000 from their insurance premium just by comparing rates and opting for the lowest one. But even in states where the savings are much lower, you can still avoid overpaying by hundreds of dollars.

Cheapest car insurance companies by state

If you’re wondering who has the cheapest auto insurance near you, our rate data can help. Here we show average car insurance rates from major insurers, ranked from least to most expensive, for every state, for a full coverage insurance policy, so that includes comprehensive and collision. Geico was the cheapest car insurance company in 33 states. In the table below, you can see how companies rank in your state, from cheapest to most expensive for car insurance premiums.

Average Rates of Full Coverage 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
HawaiiLiberty Mutual$2,082
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 Bureau$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
WyomingMetropolitan$2,168
WyomingAllstate$2,538

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

Cheap insurance for high-risk drivers

You can still find affordable car insurance even if you’ve had an accident, or have been ticketed for a moving violation, such as speeding, or your credit score isn’t the best it could be. Though these variables generally mean your auto insurance company will hike your rate, you can still save by comparing car insurance quotes. That’s because some insurance companies may increase your cost a lot, but others may not, depending on their unique underwriting formulas for pricing policies.

Who has low cost car insurance for bad credit?

Geico has the lowest rate for drivers with bad credit, among auto insurance carriers surveyed. If you’re looking for cheap car insurance with bad credit, you’ll see in the table below how companies compare. Note that though other companies have a lower percentage increase for bad credit, Geico has the lowest rate. Aside from comparison shopping, keeping dings off your credit history and sustaining a high credit score is one of the best ways to get – and keep – affordable car insurance rates. Drivers with poor credit pay an average of 71%, or about $1,000 more for insurance than those with good credit, according to CarInsurance.com rate data. That’s higher than the premium hike (32%) for an at-fault accident that injures someone.

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

Who has cheap car insurance for drivers with speeding tickets?

Geico has the lowest rate after a speeding ticket (exceeding the limit by 11 to 15 mph) among auto insurance companies researched by the experts at CarInsurance.com. Tickets for moving violations affect what you pay for car insurance, so part of keeping costs low is maintaining a clean driving record. Insurance companies check your driving history upon renewal or when you ask for quotes for a new policy, and use that information when pricing policies. Typically, it means higher rates if you’ve had a recent moving violation, such as a speeding ticket. However, each company assesses risk differently, so even with driving infractions on your record, you’ll save if you compare car insurance companies. Let’s break down 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

Who has cheaper car insurance for drivers with a recent accident?

Cheap car insurance after an accident claim comes only by comparing rates. Again, you'll see Geico has a high percentage increase for drivers with a recent accident, but has the lowest rate. The data below is for a recent accident claim for property damage over $2,000.

6 Cheapest Auto Insurance Companies for Drivers after Accident
CompanyAverage rateRate after claim% Increase$ Increase
Geico$1,109$1,57843%$469
State Farm$1,400$1,67019%$270
Progressive$1,517$1,82119%$305
Farmers$1,537$2,05032%$515
Nationwide$1,521$2,28252%$761
Allstate$1,868$2,63141%$762

Very cheap car insurance with no deposit

To save money, drivers on a budget are often on the hunt for insurance coverage that they can get at a low price (or cheap) that does not require a first payment (or deposit). But you can’t get insurance without making a first payment, which is often referred to mistakenly as a deposit. That’s because the first payment is sometimes a bit more than the rest of your regular payments.

The term “no-deposit insurance,” is not an official type of coverage or policy. Rather, the term is used by drivers seeking car insurance coverage that won’t require a pricey first payment. Here’s how it works: you must always make a payment to the car insurance company to put your coverage into effect. The amount of the first payment you make, if you choose to spread out your payments monthly, will vary depending on your age, location, driving history and other factors. In many cases, the first payment will be more expensive than subsequent payments, and this is what is referred to as deposit or down payment.

How to get cheap car insurance quotes: best times to comparison shop

Comparing car insurance rates can help you save hundreds of dollars. That’s because each car insurance company uses its own formula to calculate your insurance rate. This means the same policy can have prices that vary significantly among insurance companies. While there are many factors that influence how much you pay, the life changes listed below are chief among those that can bump your rate up or down significantly. Penny Gusner, senior consumer analyst for CarInsurance.com, suggests comparing car insurance quotes to find the lowest rates at least once a year -- but certainly at these times, when your auto insurance rate is most likely to change dramatically:

  • Purchasing a car
  • Putting cars on a multi-car insurance policy
  • Adding or removing a driver from a policy
  • Marriage or divorce
  • Moving
  • Adding a teen driver
  • Buying a house
  • DUI or major violation
  • Accident
  • Change in credit score

Buy cheap car insurance online

There are a variety of ways to buy cheap car insurance, the easiest is online. At your fingertips, you have access to multiple companies, without having to spend a lot of time on the phone researching quotes. You can get matched to carriers from a site like CarInsurance.com that connects you to multiple insurers, or if you prefer, you can visit car insurance company websites.Either way, you can get auto insurance quotes quickly so you can compare costs and determine which company is the most affordable that best fit for your needs.

Online shopping for cheap car insurance is easy because if you want to buy a policy immediately you normally can. You can also print out your cards or have them downloaded to an app. If you prefer talking to an agent, researching car insurance online is still a good idea. That way, you can narrow down your choices to the top three companies, based on prices and other factors that are important to you, and then you can call an agent to buy or get more information. And remember most companies have phone apps to keep you nearly instantly connected with your policy and other important documents after you have found your cheap car insurance online. “Remember through the whole buying process that price may be important, but it should not be the only variable you look at,” says Gusner. “You may end up with a policy that is so bare bones that you still have to pay out of pocket even after filing a claim.”

The best car insurance isn’t always the cheapest

Cheap car insurance rates may be good for your wallet but that doesn’t mean it will be the right fit for your specific needs. You don’t want to skimp on the coverages that you need.

So while everyone loves a bargain, but you should also consider customer service and claims service along with price when comparing car insurance companies. CarInsurance.com’s experts fielded a survey of 2,700 customers, yielding the following results. Our best car insurance companies guide has more detailed rankings that show how the top 20 largest auto insurance companies rank on metrics of customer service, claims handling, value and website/app functionality.

What are the top 10 best car insurance companies?

  • USAA
  • State Farm
  • Auto-Owners
  • MetLife
  • Safeco
  • Geico
  • American Family
  • Travelers
  • Erie
  • Progressive

7 tips that could reduce your rates and get you affordable car insurance

Gusner offers the following expert tips to help you find low cost car insurance without sacrificing coverage.

  1. Discounts: Be sure to have all car insurance discounts for which you qualify applied to your coverage. Common auto insurance discounts include those for buying car and home insurance from the same company, paying in full, paying online, insuring a new vehicle, having certain safety features, having more than one car on a policy, continuing coverage for several years with the same company, having a clean driving record for a set number of years and driving few miles.
  2. Hike your deductible: Another way to get low cost auto insurance is to increase your deductible. This will typically lower your rate. Just be sure to have the cash on hand to pay out the deductible should you need to file a claim.
  3. Comparison shop at least upon renewal: Compare car insurance quotes at least upon renewal of your policy.
  4. Check your driving record for accuracy, fix any errors: It’s important to check your driving record and fix it if you see any errors before shopping for coverage because a clean driving record generally means low cost car insurance.
  5. Check safety ratings and buy a vehicle that’s considered safe by insurance companies: One factor considered when pricing your policy is the type of car you drive. Safer cars have fewer accidents, so generally are cheaper to insure.
  6. Buy just the coverage you need if you have an old car and few assets: If you don’t own a home, have much savings or a retirement fund, and your car is worth less than $3,000, buying just standard (50/100/50) or state minimum liability coverage is usually sufficient.
  7. Work diligently to fix bad credit: Here’s how to improve your credit-based insurance score to get cheaper car insurance rates:
    • Pay your bills on time. Late payments and collections will hurt you.
    • Don’t max out your credit cards. Keep your credit card balances low. The insurance score considers the amount you owe in relation to your credit limits.
    • Don't open new credit card accounts. Too many new accounts signals trouble to insurers.
    • Don’t cancel all your credit cards. The longer you maintain a decent credit history, the better. Having no or little credit history will lower your score.
    • Check the accuracy of your credit report; errors will hurt your score. You can request free copies of your credit reports from the three national credit reporting agencies through AnnualCreditReport.com. Follow directions from the agencies to fix any errors.
    • If you're struggling financially and can’t pay your bills, get professional finance advice. You can find free or low-cost help through the nonprofit National Foundation for Credit Counseling.

When you should (and should not) buy cheap car insurance

You might be wondering when it makes sense to buy bare-bones auto insurance coverage and when you should really buy more insurance to ensure you are financially protected. Going with the minimum liability car insurance required by your state is rarely recommended. The amount of coverage required by state law is low, which means even a minor accident can exceed the amount your insurer will pay out. "You should be careful to have adequate coverage to fully protect your vehicle and other assets so you don't get stuck with out-of-pocket expenses," says Gusner. But there are a few scenarios in which having minimum coverage may be a good strategy. Here are four:

1. Your car is old and not very valuable, so you skip comprehensive and collision

Collision coverage pays to repair your car if you're in an accident. Comprehensive coverage pays to replace your car if it’s stolen and pays for damages from fallen objects, like a tree, and from fire, floods, animal strikes and vandalism. Both of these types of protection are optional. Comprehensive and collision only pay out up to the actual cash value of your car. That’s why these coverages may be unnecessary if the vehicle isn't worth much.

"This is especially true for a car that you aren't driving as much, such as an extra car that sits most of the time and you want to pay as little as possible for insurance," says Gusner. “If you are looking to save to buy a newer car, then by dropping down coverage to state minimum you can put away the money saved for the replacement car."

William Harris, an independent insurance agent in Los Angeles, echoes Gusner, but points out the consequences. "Dropping comp and collision could be reasonable, but remember that, if it's your only car, you'll have to pay for any body work or be prepared to drive around a car that looks like a wreck."

2. You don't drive very much.

If you log few miles on your car, Gusner says minimum coverage may suffice, simply because the less you drive, the less risky your driving experience will be.

"If you are retired, work from home or otherwise don't drive much, then dropping liability coverage to the lowest possible limits can save you money," she says. "You aren't as likely to be in an accident as someone who commutes to and from work each day or drives for work."

She adds that consistently driving few miles each year will likely snag a low-mileage discount.

3. You don't have a home, big savings or other assets to protect.

If you're in an accident, the other driver or drivers can sue you to cover damages beyond what your insurer pays out, which puts all your assets at risk. But if you don't have any assets to target, it's less likely you'll be sued, says Gusner.

But that comes with a strong warning: "Just because you don't have much doesn't mean a lien can't be placed against you, or that your license and registration can't be suspended if you cause an accident and can't pay for all damages," Gusner says. "If you don't want to end up in that type of situation, then it's wise to buy higher liability limits if you can afford it."

4. You want to wait until dings are off your record and full coverage becomes cheaper.

Points are placed on your traffic and insurance record for most moving violations and accidents that are your fault. These points figure into the mix that insurers use to determine how much you pay. High-risk drivers mean higher risks for insurance companies and higher rates for you if you have a less-than-stellar driving record.

These points usually follow you for a few years. Esurance, for one, says moving violations will be used when setting premiums for three years, which gives motorists the opportunity to get lower rates after that time. Most insurers follow similar guidelines.

Until your rates drop, however, you may decide to buy only minimum liability insurance to save money, Gusner says.

"Insurance may be costing you more than average due to violations or accidents on your record," she explains. "While it's always wise to carry higher liability limits if you can, carrying bare-bones basic car insurance is better than nothing. Try to work on keeping a clean record and within three years your rates should drop so that you can afford higher limits."

There are other ways high-risk drivers can find affordable rates. One way to keep costs low is to buy a policy from a company that sells the majority of its policies to high-risk drivers. A company that provides coverage to just a few high-risk drivers will generally charge you more than a company that specializes in high-risk drivers, Gusner says. Typically, car insurance companies that cater to high-risk drivers offer policies with limits. For instance, they may just cover you, and not those you lend your car to, which helps keep their rates low.