Cheapest Car Insurance Companies for 2026
Travelers has the cheapest car insurance for most drivers, at $135 a month for full coverage. American Family has the cheapest liability coverage, $51 a month.
Cheap car insurance companies
Cheapest full coverage car insurance: Travelers
Travelers has the cheapest full coverage car insurance among large national companies, with an average rate of $135 a month. This is $42 less than the national average of $177 a month.
State Farm and American Family are the next-cheapest companies for full coverage Full coverage includes collision and comprehensive, which cover your own car for damage and theft. . Each has an average rate of around $145 a month.
Cheap full coverage car insurance companies
| Company | Monthly rate | LendingTree score | |
|---|---|---|---|
 | Travelers | $135 |  |
 | State Farm | $144 | |
 | American Family | $146 |  |
 | Progressive | $160 | |
 | Geico | $173 |  |
 | Nationwide | $190 |  |
 | Allstate | $248 | |
 | AAA | $255 |  |
 | Farmers | $258 | |
 | USAA* | $125 | |
Although Travelers has the cheapest average rate of these three companies, State Farm and American Family have happier customers. This is based on their good J.D. Power satisfaction scores J.D. Power’s satisfaction scores are based on customer surveys rating companies on factors like price, coverage options and problem resolution. .
Also, American Family offers a few more car insurance discounts than State Farm and Travelers. Some are easy to get, too, such as for enrolling in online billing, signing up for autopay, and getting a quote at least seven days before your policy starts.
USAA is the cheapest company overall for full coverage, but it only sells insurance to current military members, veterans and their families.
Cheapest liability car insurance: American Family
With an average rate of $51 a month, American Family has the cheapest liability insurance for most drivers. State Farm has the second-cheapest rate of $56 a month, while Travelers is close behind at $59 a month.
All three companies charge less than the national average of $68 a month for liability car insurance Liability insurance covers injuries and property damage you cause to others. It’s required by law in almost every state. .
Cheap liability-only car insurance
| Company | Monthly rate |
|---|---|
| American Family | $51 |
| State Farm | $56 |
| Travelers | $59 |
| Geico | $65 |
| Progressive | $69 |
| Nationwide | $76 |
| AAA | $93 |
| Farmers | $101 |
| Allstate | $104 |
| USAA* | $39 |
To find out which of these companies is the cheapest for you, compare car insurance quotes from each of them before you renew or buy a policy.
Cheapest regional car insurance company: Co-Op
Co-Op is the cheapest regional car insurance company, at $67 a year for full coverage and $19 a month for liability.
Some regional companies — like Co-Op, which is only available in New Hampshire and Vermont — are cheaper than large national companies. MMG, Safety, Vermont Mutual, Concord and Erie are other regional companies with cheap rates.
Cheap regional insurance companies
| Company | Full coverage | Liability only |
|---|---|---|
| Co-Op | $67 | $19 |
| MMG | $99 | $41 |
| Safety | $105 | $54 |
| Vermont Mutual | $108 | $42 |
| Concord | $108 | $42 |
| Erie | $131 | $44 |
| Arbella | $132 | $67 |
| Country Financial | $134 | $61 |
| NJM | $137 | $70 |
| Plymouth Rock | $140 | $67 |
| NYCM | $147 | $39 |
| Acuity | $149 | $42 |
| Auto-Owners | $154 | $51 |
| Umialik | $166 | $69 |
| Grange | $169 | $66 |
| Mercury | $181 | $54 |
| Farm Bureau | $195 | $57 |
| Shelter | $197 | $70 |
| Hanover | $400 | $182 |
You can usually get quotes for regional companies in your area from independent insurance agents.
Independent agents can give you car insurance quotes from multiple companies. Some large companies, including State Farm and Allstate, have exclusive agents. Exclusive agents only quote their own company’s rates.
What is the cheapest car insurance in my state?
Where you live is one factor that can affect how much you pay for car insurance. Wyoming has the cheapest liability car insurance rates of about $27 a month. Nevada has the most expensive, at $147 a month.
For full coverage car insurance, Vermont drivers pay the lowest average rate of $101 a month. Nevada is once again the most expensive state, at $280 a month.
Average car insurance rates by state
| State | Full coverage | Liability only |
|---|---|---|
| Alabama | $153 | $59 |
| Alaska | $135 | $48 |
| Arizona | $201 | $82 |
| Arkansas | $197 | $59 |
| California | $182 | $69 |
| Colorado | $238 | $78 |
| Connecticut | $265 | $128 |
| Delaware | $256 | $116 |
| Florida | $264 | $87 |
| Georgia | $155 | $68 |
| Hawaii | $126 | $46 |
| Idaho | $127 | $45 |
| Illinois | $154 | $61 |
| Indiana | $144 | $53 |
| Iowa | $149 | $36 |
| Kansas | $199 | $64 |
| Kentucky | $176 | $84 |
| Louisiana | $277 | $94 |
| Maine | $107 | $43 |
| Maryland | $172 | $84 |
| Massachusetts | $152 | $70 |
| Michigan | $218 | $78 |
| Minnesota | $194 | $68 |
| Mississippi | $176 | $59 |
| Missouri | $198 | $70 |
| Montana | $183 | $46 |
| Nebraska | $171 | $48 |
| Nevada | $280 | $147 |
| New Hampshire | $113 | $50 |
| New Jersey | $209 | $119 |
| New Mexico | $188 | $66 |
| New York | $192 | $92 |
| North Carolina | $124 | $60 |
| North Dakota | $158 | $43 |
| Ohio | $124 | $48 |
| Oklahoma | $193 | $55 |
| Oregon | $172 | $86 |
| Pennsylvania | $166 | $56 |
| Rhode Island | $224 | $94 |
| South Carolina | $152 | $66 |
| South Dakota | $177 | $31 |
| Tennessee | $150 | $53 |
| Texas | $199 | $79 |
| Utah | $193 | $90 |
| Vermont | $101 | $35 |
| Virginia | $132 | $67 |
| Washington | $188 | $71 |
| Washington, D.C. | $218 | $95 |
| West Virginia | $150 | $56 |
| Wisconsin | $146 | $41 |
| Wyoming | $111 | $27 |
Where you buy car insurance also plays a big role in how much you pay.
The cheapest car insurance company in California is Geico, for example, which charges an average of $127 a year for full coverage. This is $55 cheaper than the state average of $182 a month.
Cheapest auto insurance company by state
| State | Cheapest company | Full coverage |
|---|---|---|
| Alabama | Travelers | $103 |
| Alaska | Geico | $116 |
| Arizona | State Farm | $144 |
| Arkansas | State Farm | $125 |
| California | Geico | $127 |
| Colorado | Geico | $182 |
| Connecticut | Travelers | $112 |
| Delaware | Farmers | $147 |
| Florida | State Farm | $158 |
| Georgia | Farm Bureau | $119 |
| Hawaii | Geico | $69 |
| Idaho | State Farm | $61 |
| Illinois | Travelers | $93 |
| Indiana | Travelers | $97 |
| Iowa | Progressive | $89 |
| Kansas | Travelers | $124 |
| Kentucky | Travelers | $131 |
| Louisiana | Allstate | $212 |
| Maine | Travelers | $66 |
| Maryland | State Farm | $129 |
| Massachusetts | Geico | $113 |
| Michigan | Progressive | $134 |
| Minnesota | Travelers | $106 |
| Mississippi | State Farm | $107 |
| Missouri | Travelers | $115 |
| Montana | State Farm | $95 |
| Nebraska | Farmers Mutual of Nebraska | $99 |
| Nevada | Travelers | $161 |
| New Hampshire | Safety | $86 |
| New Jersey | Geico | $132 |
| New Mexico | State Farm | $133 |
| New York | Progressive | $104 |
| North Carolina | Progressive | $70 |
| North Dakota | State Farm | $100 |
| Ohio | Geico | $97 |
| Oklahoma | Progressive | $99 |
| Oregon | State Farm | $88 |
| Pennsylvania | Erie | $120 |
| Rhode Island | Progressive | $163 |
| South Carolina | Auto-Owners | $128 |
| South Dakota | Farmers Mutual of Nebraska | $91 |
| Tennessee | Travelers | $107 |
| Texas | State Farm | $101 |
| Utah | Progressive | $142 |
| Vermont | State Farm | $65 |
| Virginia | Travelers | $86 |
| Washington | Mutual of Enumclaw | $107 |
| Washington, D.C. | Geico | $179 |
| West Virginia | Westfield | $116 |
| Wisconsin | American Family | $112 |
| Wyoming | American National | $65 |
Cheapest car insurance for young drivers: State Farm
State Farm has the cheapest car insurance for teens, offering young drivers liability coverage at an average rate of $168 a month.
State Farm also has the cheapest full coverage insurance for teen drivers, at $396 a month.
Cheapest teen auto insurance
| Company | Full coverage | Liability only |
|---|---|---|
| State Farm | $396 | $168 |
| Travelers | $441 | $200 |
| Geico | $444 | $181 |
| American Family | $569 | $223 |
| Progressive | $601 | $241 |
| Nationwide | $602 | $264 |
| AAA | $664 | $263 |
| Allstate | $679 | $297 |
| Farmers | $827 | $364 |
| USAA* | $307 | $106 |
Geico comes in second for cheap teen liability insurance, at $181 a month. Travelers is second for full coverage, at $441 a month.
Make sure you get a quote from USAA if you or someone in your family has military ties. Its average rates for 18-year-old drivers are even lower than State Farm’s.
Young drivers pay a lot more for car insurance than older drivers, even if they have clean driving records. This is mostly because they get into more accidents.
Most car insurance companies have discounts that can make teen car insurance more affordable. You can usually get a teen car insurance discount for:
- Getting good grades
- Taking a driver’s education or training program
- Leaving your car at home while away at college
Another way for teens and other young drivers to save money on car insurance is to get added to a parent’s policy. The parent’s rate will go up, but the total price will still be cheaper than if the teen gets their own coverage.
Cheapest car insurance after a speeding ticket: State Farm
The cheapest car insurance after a speeding ticket comes from State Farm, which charges $156 a month, on average. This is $12 a month more than what State Farm charges drivers with a clean record.
American Family and Travelers are the next-cheapest companies for these drivers. American Family’s average rate is $173 a month, while Travelers’ is $181.
Cheap car insurance after a ticket
| Company | Monthly rate |
|---|---|
| State Farm | $156 |
| American Family | $173 |
| Travelers | $181 |
| Progressive | $213 |
| Geico | $233 |
| Nationwide | $244 |
| Allstate | $295 |
| Farmers | $338 |
| AAA | $365 |
| USAA* | $153 |
Overall, drivers with a speeding ticket on their record pay about $40 a month more for car insurance than drivers with a clean record.
A speeding ticket usually impacts your car insurance rate for three to five years. The specific amount of time varies by insurance company and state.
Cheapest auto insurance after an accident: State Farm
State Farm is the company with the cheapest car insurance after an accident. Its average rate of $163 a month is $100 less than the national average.
Travelers, American Family and Progressive come next in terms of affordability.
Cheap car insurance after an accident
| Company | Monthly rate |
|---|---|
| State Farm | $163 |
| Travelers | $195 |
| American Family | $237 |
| Progressive | $238 |
| Geico | $296 |
| Nationwide | $299 |
| Farmers | $400 |
| Allstate | $406 |
| AAA | $418 |
| USAA* | $174 |
Most drivers see their car insurance costs go up around $85 a month after an at-fault accident. That’s about 50% more than what the average driver with a clean record pays.
Most affordable car insurance after a DUI: Progressive
Progressive has the cheapest car insurance for drivers with a DUI (driving under the influence) conviction, charging them an average rate of $208 a month.
Travelers also offers cheap DUI car insurance, at $224 a month.
Cheap car insurance with a DUI
| Company | Monthly rate |
|---|---|
| Progressive | $208 |
| Travelers | $224 |
| American Family | $270 |
| State Farm | $341 |
| Allstate | $379 |
| Geico | $404 |
| Nationwide | $416 |
| Farmers | $434 |
| AAA | $542 |
| USAA* | $248 |
The average cost of car insurance after a DUI is $329 a month. This means drivers with a DUI on their records pay an average of 86% more for car insurance than similar drivers with clean records.
Cheapest car insurance for drivers with bad credit: American Family
American Family has the cheapest bad credit car insurance, at $241 a month. Travelers isn’t far behind, though, at $249 a month for drivers with bad credit.
You should compare quotes from Progressive, Nationwide and Geico as well if you have poor credit. Each of these companies has an average rate that’s around $275 a month.
Cheap bad credit car insurance
| Company | Monthly rate |
|---|---|
| American Family | $241 |
| Travelers | $249 |
| Progressive | $271 |
| Nationwide | $279 |
| Geico | $282 |
| Allstate | $402 |
| Farmers | $473 |
| AAA | $576 |
| State Farm | $593 |
| USAA* | $227 |
Not all states California, Hawaii, Massachusetts and Michigan ban the use of credit scores in setting insurance rates. let car insurance companies use your credit score when setting your rate, so your credit may or may not impact what you pay for a policy.
How to find cheap auto insurance
Some of the steps you can take to get cheap car insurance include comparing quotes, finding discounts and bundling multiple policies with one company.
Compare car insurance quotes
Comparing car insurance quotes from several companies side by side is one of the best ways to get the cheapest rate for you. Use the same information for each quote so you can make the most accurate comparison.
Look for discounts
Discounts can help make your car insurance payment a lot lower than it might be otherwise. Companies may offer car insurance discounts for:
- Automatic payments
- Defensive driving courses
- Good grades
- Insuring several vehicles under the same policy
- Military ties
Bundle policies
Many insurance companies will give you a discount if you bundle insurance policies with them. The most common examples are bundling auto and home policies or auto and renters, but you can bundle boat, motorcycle and other types of insurance, too.
Raise your deductible
Raising your car insurance deductible usually lowers your premium. It can be a good way to save money — as long as you can afford to pay the deductible amount if you file a claim.
Improve your driving record
If you have a speeding ticket, accident or DUI on your driving record, you will often pay more for car insurance than you would with a clean record. Improving your record over time can help lower your payment.
Why can’t I find cheap car insurance?
If you’re having a hard time finding cheap car insurance, it’s probably due to one or more of the rate factors that companies look at when calculating your rate.
Car insurance companies consider a number of factors when coming up with your rate, like your:
- Vehicle’s make and model
- ZIP code
- Insurance claim history
- Age
- Policy coverage limits
- Deductible amount
Companies often weigh these factors differently. This is why the quote or rate you get from one company can differ greatly from the rate you get from another.
That’s also why it’s so important to compare quotes from multiple companies when you shop for a car insurance policy.
Frequently asked questions
Travelers and American Family have the cheapest car insurance for most drivers among national companies.
Travelers has the cheapest full coverage insurance rates of $135 a month. American Family is the cheapest for liability-only coverage, at $51 a month.
USAA is the cheapest car insurance company for members of the military and their families in almost all areas. This includes drivers with incidents like accidents and DUIs on their records.
The main risk of cheap car insurance is that it might not provide enough coverage if you cause an accident. This is mostly a worry for those who buy just the minimum amount of coverage their state requires, though.
We recommend buying 100/300/100 liability car insurance at least. This means:
- $100,000 of bodily injury liability coverage per person
- $300,000 bodily injury per accident
- $100,000 property damage coverage
Also, if your car is new or worth a lot of money, get enough collision and comprehensive car insurance to protect you if something damages or destroys your car.
You need to buy at least a minimum amount of car insurance in every state except New Hampshire. And even in New Hampshire, drivers who don’t buy car insurance still need to prove they have enough money to meet the state’s financial responsibility requirements if they cause an accident.
In Virginia, drivers can pay a $500 Uninsured Motor Vehicle fee to get out of buying car insurance.
You need to buy as much car insurance as your state requires. Each state makes drivers carry at least a minimum amount of liability car insurance coverage, except New Hampshire. Some states require uninsured motorist coverage as well. Others insist you have personal injury protection or medical payments coverage.
How we selected the cheapest car insurance companies
LendingTree uses insurance rate data from Quadrant Information Services using publicly sourced insurance company filings. Rates are based on an analysis of hundreds of thousands of car insurance quotes for a typical driver. Prices are shown for comparative purposes only. Your own rates may be different.
Unless noted otherwise, quotes are for a full-coverage policy for a 30-year-old man with good credit and a clean driving record who drives a 2018 Honda CR-V EX.
Coverage limits
Minimum-liability policies provide liability coverage with the state’s required minimum limits.
Full-coverage policies include collision, comprehensive and liability coverage:
- Bodily injury liability: $50,000 per person, $100,000 per accident
- Property damage liability: $50,000
- Uninsured/underinsured motorist bodily injury: $50,000 per person and $100,000 per accident
- Collision: $500 deductible
- Comprehensive: $500 deductible
How we evaluated car insurance companies
Our team of insurance experts rated insurance companies based on several categories. These categories include average rates, discounts, coverage options, third-party customer service ratings and app/website experience. We weighted these categories based on what customers value in an insurance company.
For third-party customer service ratings, we included Complaint Index scores from the National Association of Insurance Commissioners (NAIC) and financial strength ratings from A.M. Best. NAIC Complaint Index scores are used to determine how satisfied customers are with their claims, while financial strength ratings from A.M. Best reflect the ability to pay out claims.
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*USAA is only available to current and former members of the military as well as certain family members.