How to Compare Car Insurance Quotes 2024
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How Do I Get Cheap Car Insurance?

Updated on:
Content was accurate at the time of publication.

Finding the cheapest car insurance starts with comparing quotes from several different companies.

Once you find insurance providers that are available in your area and suit your needs, start looking into what discounts they offer to drive the rate cost down even more.

Find the Cheapest Car Insurance Quotes in Your Area

Going online is an ideal starting point for finding the cheapest auto insurance. Here are some simple tips once you’re there:

  • Compare car insurance quotes: Finding the cheapest car insurance starts with comparing quotes from many companies. Make sure that you’re using the same set of coverage limits for each quote to get an accurate comparison.
  • Take advantage of discounts: Car insurance policy offerings tend to be similar, regardless of company, offering discounts to stay competitive. Ask about what discounts you qualify for to reduce your annual premium.
  • Bundle: If you can bundle a car insurance policy with your renters, home or life insurance policy, you could save money on both policies.

Of the top four companies in the country with the highest market shares in the auto insurance industry, State Farm comes out on top with an annual rate of $1,505 full-coverage car insurance, or $125 a month.

Cheapest car insurance companies

CompanyAverage rateMarket share*
State Farm$1,50516.9%
GEICO$1,94213.8%
Progressive$2,04014.1%
Allstate$2,62010.7%

Rates are for full-coverage car insurance for a 30-year-old male with a clean driving record.

*Source: iii.org

Car insurance companies look at many different factors before offering you a quote — these include:

  • Your car’s make and model
  • ZIP code
  • Insurance claim history
  • Age
  • Policy coverage limits and the deductible amount you choose

Another factor to consider when looking for cheap car insurance quotes is that insurers apply different risk levels to these factors when calculating your premium.

For example, one company may consider the age of your car to be a more significant risk than another company would. This makes it even more important to compare quotes.

What company has the cheapest car insurance near me?

Of the overall list of car insurance providers underwriting policies in the country right now, MMG has the lowest average rate for full-coverage insurance, at $902 a year. However, MMG only underwrites insurance policies in eight states on the East Coast.

Make sure to see if an insurer sells policies in your area before doing too deep a dive into researching them.

Cheapest car insurance companies overall

CompanyAverage annual rate
MMG$902
Concord$977
Texas Farm Bureau$1,036
Erie$1,289
Island Insurance$1,319
Acuity$1,361
Hanover$1,372
Safety$1,392
Westfield$1,481
Pemco$1,483
State Farm$1,505
Mercury$1,596
Country Financial$1,600
Umialik$1,602
Arbella$1,629
Co-Op$1,635
Grange$1,638
Auto-Owners$1,690
American Family$1,920
Shelter$1,927
Farm Bureau$1,939
GEICO$1,942
Travelers$1,971
Grinnell Mutual$2,015
Progressive$2,040
Plymouth Rock$2,236
Nationwide$2,271
Amica$2,548
Allstate$2,620
The Hartford$2,688
UAIC$2,886
Nodak$2,917
Safeway$3,080
Farmers$3,091
NJM$3,382
AAA$3,835
USAA*$1,207

Rates are for full-coverage car insurance for a 30-year-old male with a clean driving record.

*USAA is available only for military members and their families.

Below is a table showing the average rate of full-coverage car insurance in all 50 states and the District of Columbia.

Car insurance rate by state

StateAnnual rate
Alabama$1,979
Alaska$1,635
Arizona$2,683
Arkansas$1,879
California$1,867
Colorado$2,542
Connecticut$2,346
Delaware$2,482
Florida$2,990
Georgia$1,832
Hawaii$1,643
Idaho$1,227
Illinois$2,109
Indiana$1,511
Iowa$1,663
Kansas$1,991
Kentucky$2,295
Louisiana$2,719
Maine$1,100
Maryland$2,051
Massachusetts$2,068
Michigan$4,638
Minnesota$1,884
Mississippi$1,796
Missouri$1,908
Montana$2,174
Nebraska$1,909
Nevada$2,958
New Hampshire$1,146
New Jersey$2,236
New Mexico$1,953
New York$2,030
North Carolina$1,305
North Dakota$1,858
Ohio$1,329
Oklahoma$2,119
Oregon$2,115
Pennsylvania$1,861
Rhode Island$2,631
South Carolina$1,808
South Dakota$2,016
Tennessee$1,554
Texas$1,833
Utah$2,261
Vermont$1,232
Virginia$2,110
Washington$1,534
Washington DC$2,082
West Virginia$1,701
Wisconsin$1,540
Wyoming$1,437

Rates are for full-coverage car insurance for a 30-year-old male with a clean driving record.

The cost of car insurance in your state depends on many factors. Take Michigan, for example, which has the highest average rate for full-coverage car insurance, at $4,638 a year. This is 120% higher than the national average rate of $1,984.

Part of the reason for this is that Michigan has high liability insurance requirements for drivers. Other causes include the 25.5% of Michigan’s drivers who don’t have car insurance, according to iii.org — this increases rates for everyone else in the state. States with histories of extreme weather tend to see higher rates as well.

Find the Cheapest Car Insurance Quotes in Your Area

State Farm also has the most affordable car insurance rates for new drivers, with an average annual rate of $1,835 for minimum liability insurance. GEICO has the second-cheapest rate of $2,050.

Cheapest car insurance for teen drivers

CompanyAverage rate
State Farm$1,835
GEICO$2,050
Progressive$3,193
Allstate$3,411

Rates are for liability car insurance for an 18-year-old male with a clean driving record.

Due to their lack of experience driving, teen drivers are considered the highest-risk group of any age demographic. Fortunately, your rates will drop over time if you keep a clean driving record.

If you’re the parent of a teen driver and are trying to find cheap car insurance for them, consider adding them to your current policy. Your rates will increase overall, but will still be more affordable than if you and them had separate policies.

Again, State Farm has the cheapest average rates for full-coverage car insurance after a speeding ticket or accident, but Progressive has the cheapest rate after a DUI. Here are the details:

Who has the cheapest car insurance after a speeding ticket?

If you’re looking for a car insurance policy with a ticket on your record, State Farm has the cheapest rate of $1,635 a month for full coverage. GEICO is the next most affordable at $2,499 a year.

Cheapest car insurance after a ticket

CompanyAverage annual rate
State Farm$1,635
GEICO$2,499
Progressive$2,615
Allstate$3,087

Rates are for full-coverage car insurance for a 30-year-old male with one ticket on their driving record.

A speeding ticket will stay on your record for several years, with the specific amount of time dependent on what state you live in. Expect to pay increased rates until the ticket drops off.

What car insurance company is the cheapest car after an accident?

State Farm has the lowest rate for auto insurance after an accident, with an average rate for full coverage of $1,863 a year. Progressive is the next cheapest at $3,037 a year.

Cheapest car insurance after an accident

CompanyAverage annual rate
State Farm$1,863
Progressive$3,037
GEICO$3,350
Allstate$4,145

Rates are for full-coverage car insurance for a 30-year-old male with one accident on their driving record.

Where do I get cheap car insurance after a DUI?

If you have a DUI or DWI on your record, Progressive is your cheapest option at $2,556 a year. Allstate has the next lowest rate at $3,891 a year.

Cheapest car insurance with a DUI

CompanyAverage annual rate
Progressive$2,556
Allstate$3,891
State Farm$4,418
GEICO$4,596

Rates are for full-coverage car insurance for a 30-year-old male with one DUI on their driving record.

A DUI will definitely raise your car insurance rates. Other penalties often include fines, jail time, and license suspension.

Auto insurance companies consider drivers with DUIs to be very high risk, and charge them much higher rates to offset the risk.

In a worst-case scenario, you may see your policy canceled and have difficulty finding another provider. In this case, contact your state’s insurance commissioner. Most states have a “last resort” program to ensure drivers can get the minimum mandatory liability insurance.

If you have a low credit rating, Progressive has the cheapest average rate, $2,556 a year. Allstate is the second option at $3,891 a year.

Cheapest car insurance with poor credit

CompanyAverage annual rate
Progressive$2,556
Allstate$3,891
State Farm$4,418
GEICO$4,596

Rates are for full-coverage car insurance for a 30-year-old male with a poor credit rating.

Car insurance providers consider your credit score when calculating your quote. They’ve decided there’s a correlation between your credit rating and the chances of you filing a claim. However, this practice is considered controversial and has been prohibited in some states.

Unless stated otherwise, we used thousands of car insurance quotes from across the country for a 30-year-old man with good credit and no tickets, accidents or DUIs driving a 2015 Honda Civic EX.

The following coverage limits were used:

  • Bodily injury liability: 50,000 per person, $100,000 per accident
  • Property damage liability: $25,000
  • Uninsured motorist: $50,000 per person, $100,000 per accident, where required by law
  • Personal injury protection: minimum limits, where required by law
  • Collision: $500 deductible
  • Comprehensive $500 deductible