If you’re looking for the cheapest car insurance rates in 2022, look no further.

Carinsurance.com compared rates from 35 auto insurance providers across the United States including major companies such as State- Farm, Geico, Progressive, Allstate and USAA to find the cheapest car insurance in 2022.

Get personalized rate estimates based on your driver profile in just a few minutes and see how much you can save on car insurance. You’d be surprised at how much money you can save by switching to top-rated providers.

Car insurance quotes vary based on your unique driver profile that’s based on your age, location, driving record, credit-based insurance score, driving habits and the type of vehicle you drive – some insurers may be cheaper for certain types of drivers than others.

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.

We’ll provide all the information and tips you need to find cheap car insurance no matter what driving habits you have.

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 accurate idea of coverage costs for different scenarios. However, exactly what you pay will depend on your own personalized data.

Key Highlights
  • Progressive is the cheapest auto insurance company for full coverage policies, saving you over $850 over the national average.
  • Geico is the cheapest car insurance company for drivers with speeding tickets, accidents or bad credit.
  • Progressive tops the list of companies that provide cheap auto insurance rates for senior drivers, among the carriers surveyed by CarInsurance.com.
  • Make sure you have enough coverage to fully protect your vehicle and other assets, so you don't get stuck with out-of-pocket expenses.

Who has the cheapest auto insurance?

Progressive is the cheapest major car insurance company for full coverage policies providing savings of $850 over the national average.

Our team of insurance experts carefully analyzed different driver profiles and coverage levels to help you find cheap car insurance for your unique situation.

While Progressive also is the cheapest insurance company for liability and state minimum, Geico’s rates are just a few dollars higher.

Geico, however, is the cheapest car insurance company for drivers with speeding tickets, accidents or bad credit. Progressive had the lowest car insurance rates for young drivers. For teens, students and low-mileage drivers, Liberty Mutual is the insurance company with the lowest car insurance rate.

Tip iconTip

CarInsurance.com recommends getting a car insurance quote from at least three insurance companies to see who has the best cheap car insurance for you. There are many factors that affect car insurance rates, but comparing quotes will prevent you from paying more than you should.

Cheapest car insurance rates from major auto insurance providers by coverage type

Cheapest insurance for full coverage policy

In our research, we found that Progressive is the cheapest car insurance company for full coverage policies among those surveyed by our expert editorial team. “Full coverage” is the term used to describe a policy that includes liability insurance, which is required by state law, and also the optional coverages of comprehensive and collision, which carry a deductible.

If you financed your car, your lender will require you to have full coverage. Full coverage provides the most protection, so it is recommended unless your car is very old, not worth much and you have few assets or savings. This type of policy will cover damage to your car, as well as damage you cause to other cars, and covers injuries in an accident.

Top 10 Cheapest Companies for Full Coverage
Graph
Table
List of Cheapest Car Insurance Companies for Full Coverage
CompanyFull Coverage
Progressive$895
Geico$1,200
Travelers$1,322
Farmers$1,343
Erie$1,372
Owners Insurance$1,435
State Farm$1,505
Nationwide$1,619
Liberty Mutual$2,082
Allstate$2,164
 

Full Coverage: 100/300/100 with Comprehensive and Collision, $500 deductible

USAA is among the top 10 cheapest companies with a rate of $1,111 but is only available to military members, veterans and their immediate family.

Cheapest Smaller Companies for Full Coverage

CompanyFull 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

Full coverage car insurance

Cheapest car insurance for liability-only

Liability insurance pays for damage you cause to other vehicles and property. It does not cover damage to your own car. You can buy just enough coverage to drive legally or opt for higher limits that provide more protection.

The rates below are for a policy that provides more protection than the minimum that is required by state law. The bodily injury liability portion would pay up to $50,000 for injuries per person, up to $100,000 per accident, and the property damage liability would pay up to $50,000 for property damage you cause.

Top 10 Cheapest Companies for Liability Only
Graph
Table
List of Cheapest Car Insurance Companies for Liability Only
CompanyLiability Only
Progressive$333
Geico$365
Farmers$436
Owners Insurance$457
USAA$473
Erie$490
State Farm$561
Nationwide$598
Liberty Mutual$628
Allstate$648
 

Liability Only: 50/100/50

USAA is among the top 10 cheapest companies with a rate of $473 but is only available to military members, veterans and their immediate family.

Cheap Rates from Smaller Companies for liability only

CompanyLiability 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

Cheapest insurance for state minimum car insurance requirements

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, according to a CarInsurance.com rate analysis.

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.

These insurance policies include just bodily injury liability and property damage liability and only cover damage and injuries you cause to others and their property – they don’t cover your own vehicle or injuries.

Top 10 Cheapest Companies for State Minimum
Graph
Table
List of Cheapest Car Insurance Companies for State Minimum
CompanyState Minimum
Progressive$315
Geico$318
USAA$358
Owners Insurance$404
Farmers$405
Erie$414
State Farm$484
Liberty Mutual$534
Allstate$555
Nationwide$573
 

State Minimum: Lowest Liability Limits

USAA is among the top 10 cheapest companies with a rate of $358 but is only available to military members, veterans and their immediate family.

Cheapest Smaller Companies for State Minimum

CompanyState 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

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.
Young
Drivers
Progressive
$1,606/yr.
Student
Drivers
Liberty Mutual
$2,082/yr.
Poor
Credit
Geico
$2,094/yr.
Teen
Drivers
Liberty Mutual
$2,191/yr.

Cheapest car insurance rates for people with bad 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. 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 – cheap 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 a CarInsurance.com rate data analysis. That’s higher than the premium increase (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

How Can I Get Cheap Car Insurance with Bad Credit?

Cheapest car insurance rates for people 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

How much do car insurance rates go up after a speeding ticket?

Cheapest car insurance rates for people 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 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.

6 Cheapest Auto Insurance Companies for Drivers after Accident
CompanyAverage rateRate after claim$ Increase% Increase
Geico$1,109$1,578$46943%
State Farm$1,400$1,670$27019%
Progressive$1,517$1,821$30519%
Farmers$1,537$2,050$51532%
Nationwide$1,521$2,282$76152%
Allstate$1,868$2,631$76241%

How much does insurance go up after an accident?

Cheapest car insurance for teen drivers

Liberty Mutual 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.

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 what age driver you are.

Below you’ll see who has cheap car insurance for teen drivers, based on our rate analysis.

Cheap Car Insurance for Teen Drivers
CompanyAverage rate
Liberty Mutual$2,191
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 top 10 cheapest companies with a rate of $2,476 but is only available to military members, veterans and their immediate family.

How much is car insurance for teen drivers?

Cheapest car insurance for student drivers

Liberty Mutual is the insurance company that has the cheapest car insurance rates for student-age drivers compared with the other major car insurance companies surveyed in our rate analysis.

You will pay more if you don’t compare quotes, as the lowest price is about $3,000 less than the highest price among auto insurers in the study.

Cheap Car Insurance for Student Drivers
CompanyAverage rate
Liberty Mutual$2,082
Geico$2,273
Auto-Owners Insurance$3,192
Travelers$3,476
State Farm$3,563
Progressive$4,036
Nationwide$4,495
Allstate$5,691
Farmers$6,432

USAA is among the top 10 cheapest companies with a rate of $2,035 but is only available to military members, veterans and their immediate family.

How much is the average car insurance for a college student?

Cheapest car insurance companies for young drivers

Progressive is the auto insurance company that’s cheapest for young drivers based on our analysis. Because drivers younger than 24 have a short insurance history and are relatively new drivers with less experience, rates are higher than for drivers 30 and older.

If you’re a driver under age 24 looking for cheap coverage and you’re still in school, make sure to check for student discounts when comparing car insurance quotes.

Many major insurers will renew a good student discount up to a certain age, which results in an average savings of 16%. If you’re no longer a student, you can still save by taking advantage of other driver discounts like bundling with renters insurance, which yields a 6% price break, on average.

Cheap Car Insurance for Young Drivers
Company NameAverage rate
Progressive$1,606
Geico$1,676
Liberty Mutual$2,082
Travelers$2,359
Erie$2,408
Auto-Owners$2,574
State Farm$2,803
Farmers$3,084
Nationwide$3,386
Allstate$4,137

3 - Full Coverage - 100/300/100 BI/PD - 500 Comprehensive and Collision

USAA is among the top 10 cheapest companies with a rate of $1,673 but is only available to military members, veterans and their immediate family.

How to get cheap car insurance for young drivers?

Cheapest car insurance for senior drivers (age 70)

Progressive takes the checkered flag for having cheap auto insurance rates for senior drivers among the insurance companies in our study. Progressive provides cheap car insurance rates for older motorists, about $400 less than Geico and more than $1,000 less than other major carriers.

Cheap Car Insurance for Senior Drivers
CompanyAverage 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
Liberty Mutual$2,082

USAA is among the top 10 cheapest companies with a rate of $903 but is only available to military members, veterans and their immediate family.

Senior car insurance : What you need to know?

Cheapest car insurance 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 to get 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.

Cheap Car Insurance for Low Mileage Drivers
CompanyAverage 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

How to get the cheapest car insurance rates?

Comparing car insurance quotes can help you save hundreds of dollars in your search for cheaper car insurance 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.

The CarInsurance.com editorial team recommends getting a car insurance quote from at least three companies to see who has the cheapest car insurance for you. There are many factors that affect car insurance rates, but comparing quotes will prevent you from paying more than you should.

Here are a few tips to help you find cheap car insurance without sacrificing coverage:

Common car insurance discounts include those for safe drivers, students, bundling car and home insurance, 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.

If you increase your deductible, make sure you have cash on hand to pay out the deductible should you need to file a claim as you’ll be responsible for that amount in case of an accident.

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.

Bundling is among the best car insurance discounts you can get. Buying home and car insurance from the same company can net you an average savings of 14%, but it can be up to twice that amount.

It’s important to check your driving record and dispute it if you see any errors prior to shopping for coverage –  a clean driving record typically means low-cost car insurance.

One factor to consider when pricing your policy is the type of car you drive: Safer cars have fewer accidents and typically are cheaper to insure.

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 should be sufficient.

Pay your bills on time and 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 signal trouble to insurers. Don’t cancel all your credit cards as the longer you maintain a decent credit history, the better.
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.
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.

If you don’t drive much – 10,000 miles or so a year – you can save money by purchasing coverage under a low-mileage plan. MetroMile is one company that specializes in this type of policy, but some major carriers also offer this coverage.
Expert Advice
William Shughart professor in public choice at the Jon M. Huntsman School of Business
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,” he says.

“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).”

Cheapest car insurance companies by state

If you’re wondering who has the cheapest auto insurance near you, our rate data analysis 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 (which includes comprehensive and collision coverage). 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

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 Bur Mut Ins Co$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
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

Is it a bad idea to buy cheap car insurance?

You might be wondering when it makes sense to buy bare-bones auto insurance coverage and when it’s advisable to buy more insurance to ensure you are financially protected. Going with the minimum bodily injury liability and property damage 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 payout. You should have adequate coverage to fully protect your vehicle and other assets so you don't get stuck with out-of-pocket expenses.

But there are a few scenarios in which having minimum coverage may be a good strategy, such as:

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, which is why these coverages may be unnecessary if your 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. If you are looking to save to buy a newer car, then by dropping down coverage to the state minimum, you can put away the money saved for the replacement car.

Dropping comprehensive and collision could be an option in a pinch but remember: You'll have to pay for bodywork or be prepared to drive around a car that looks like a wreck.

You don't drive very much

If you log very few miles on your car, minimum coverage may suffice, simply because the less you drive, the less risky your driving experience will be. Common scenarios: You’re retired or work from home because you’re less likely to be in an accident than someone who commutes to and from work each day or drives for work.

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.

But just because you don't have much doesn't mean a lien won’t be placed against you or that your license and registration won’t be suspended if you cause an accident and can't pay for all damages. Buy higher liability limits if you can afford it.

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.

Until your rates drop, you may decide to buy only minimum liability insurance. While it's 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 typically charge higher rates than a company that specializes in high-risk drivers.

Furthermore, car insurance companies that cater to high-risk drivers offer policies with limits so make sure to familiarize yourself with the policy’s fine print.

Review customer service ratings for the best cheap car insurance

You can take into account the affordability of a policy when looking for cheaper car insurance, but the price of your premium shouldn’t be the sole factor in deciding which auto insurance company to choose for your next car insurance policy.

In addition to comparing car insurance quotes, you should research what policyholders and experts have to say about customer service and the claims process for the insurers on your list so you can lock in the best cheap car insurance without sacrificing customer satisfaction.

CarInsurance.com’s experts fielded a survey of 3,700 customers, yielding the following results. Our best car insurance companies guide has 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.

The top 10 car insurance companies for customer service were:

Top 10 Car Insurance Companies for Customer Service
RankCompanyRatings
1State Farm4
2Geico4
3MetLife4
4Erie4
5Auto-Owners4
6American Family4
7The Auto Club Group (ACG) – AAA4
8Travelers4
9Safeco4
10Allstate3.5

Average auto insurance rates are up 22% from 2017 for full coverage

CarInsurance.com's auto insurance rates by ZIP code analysis showed a national average rate of $1,758 for full coverage. That's up 22% since 2017 when the rate by ZIP code data was last surveyed by the experts at CarInsurance.com. State-required minimum coverage ticked up just 4%, while standard liability limits rose 16%.

Average Auto Insurance Rate Comparison 2017 - 2020 
Coverage Level2017 Average Rate2020 Average Rate$ Difference% Difference
State Minimum$552$574$224%
Liability Only - 50/100/50$583$674$9116%
Full Coverage - 100/300/100$1,451$1,758$30722%

Why is car insurance so expensive?

Cynthia Burleson, the director of the Center for Insurance & Risk Management at Central Arkansas University, explains why the trend of rising car insurance rates won't end anytime soon: An increased number of claims, or frequency, and the cost of claims, or severity. As these two variables increase, so do premiums.

commentator image
Cynthia L. Burleson
Director of the Center for Insurance and Risk Management at the University of Central Arkansas (UCA)

"There are two causes of upward trends in auto insurance rates: rising frequency and severity," Burleson says. "There were many companies that, during the pandemic, took rate reductions due to the drop in vehicle use, which saw lower frequency numbers.

Other companies, instead of reducing rates, offered premium credits for a short period of time. Now, the companies who lowered their rates are seeing higher frequency numbers as driving increases with more and more business and office openings and vacation seekers."

The other side of rising auto rates is severity, or claims costs. Several factors contribute to higher claims costs, resulting in higher costs for insurance companies, which pass the expense on to customers in the form of higher rates.

"Severity numbers (dollars) may have dropped some during the pandemic but probably not significantly,” she says. However, severity numbers are currently on the rise because of an increase in frequency, increase in the cost of vehicles and increase in the cost of service (repairs, parts, medical care, etc.) because of inflation and supply chain logjams.”

The average cost of a vehicle in 2019 was $36,718, according to Kelley Blue Book. In 2020, the average price had increased to $38,273, up 2.5%. The price in 2021 was $41,263 – a 5.4% increase from 2020.

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.

– Michelle Megna contributed to this story.

Sources:

  1. Annual Credit Report - Source for your free credit report
  2. National Foundation for Credit Counseling
author image
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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