Arizona · South Carolina · Colorado · Georgia Geico, Progressive, USAA and State Farm are some of the cheaper companies that allow you to get quotes and buy a policy online. It's often cheaper to buy car insurance online than it is to work with an agent, since you won't have to pay agent fees and you can often get a discount for buying online. Finding affordable car insurance doesn't mean you have to stick with the big insurance companies. Central Insurance, MMG and Secura, smaller insurers that offer coverage in several states, have even cheaper car insurance rates than Geico.
We found that Geico has the lowest average rate for drivers with an at-fault accident. American Family is cheaper, on average, for drivers with a DUI. If you're looking for affordable car insurance from a large company, Geico could be a good starting point. According to our analysis of large insurance companies, the company has the lowest average rates for good drivers with bad credit.
Of the country's largest insurance companies, Geico has the cheapest car insurance rates, on average. However, rates vary widely from person to person based on factors such as gender, the car you drive, and your location. To find the cheapest price, compare car insurance rates from at least three insurers once a year. To find the cheapest price, NerdWallet calculated the average fees based on public statements obtained by price analysis firm Quadrant Information Services.
We examined rates for men and women in their 40s for all zip codes in the 50 states and Washington, D.C. Although it is one of the largest insurers in the country, Liberty Mutual is not included in our rate analysis due to a lack of publicly available information. MoneyGeek found that the cheapest auto insurance company for seniors nationwide is State Farm. However, as the fifth largest auto insurance company in the country, it serves nearly as many drivers as other big names like Progressive and Allstate.
Medical payment coverage is similar in that it covers injuries caused by a car accident and is mandatory in some states. Geico, Progressive, USAA and State Farm are some of the cheaper companies that allow you to get quotes and buy a policy online. The biggest disadvantage is that Auto-Owners is only available in 26 states and that you'll need to contact an agent to get a quote. In addition to location and level of coverage, auto insurance companies consider even more personalized factors when determining how much you should pay for a policy.
If you want the best of the cheapest, check out NerdWallet's roundup of the best cheap car insurance companies. The state with the cheapest monthly cost of car insurance is Wyoming, while Michigan drivers face the highest minimum car insurance premiums due to broader coverage requirements. State Farm is the country's largest auto insurance company, with the cheapest quotes available in 29 states. For example, Farm Bureau has the cheapest insurance in Arkansas, Georgia, Kentucky, Louisiana and Nebraska.