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The cheapest full-coverage car insurance starts at an average of $88 per month, and companies with the cheapest full coverage include USAA, Nationwide and Geico.
Car Insurance Comparison
By: Daniel Robinson, By: Daniel Robinson Author Daniel is a writer for Mentors Group and has published articles in the US, UK. and has written for a number of automotive news sites and marketing agencies across Australia, specializing in automotive finance and car maintenance topics. Daniel is the authority on the advisory board of auto insurance, loans, warranty options, auto services and more.
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Edited by: Rashan Michner Edited by: Rashan Michner Managing Editor Rashan Michner is an editor at Guides Group and has over 10 years of experience covering personal finance and insurance topics.
In the Guides group we compare the best car insurance companies and find the most affordable options for drivers. In this article, we explore which companies offer the cheapest full-coverage car insurance and introduce our top picks.
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The Guides team is committed to providing reliable information to help you make the best decision about insuring your vehicle. Because consumers depend on us to provide objective and accurate information, we have developed a comprehensive rating system to create a ranking of the best car insurance companies. We’ve collected data on a wide range of factors from dozens of auto insurance providers and rating agencies. After 800 hours of research, the final result is an overall rating for each provider, with the highest-scoring insurers at the top of the list.
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According to our rate estimates, USAA offers the cheapest full-coverage car insurance for a 35-year-old with a clean driving record at an average price of $88 per month. But USAA is only available to military members, veterans and their children. Looking at mass-market providers, it’s the cheapest option nationwide, with monthly prices averaging $107.
Next, we look at the cheapest full-coverage car insurance companies broken down by state, driver age and driving record.
One of the biggest factors affecting your car insurance premium is your location. This section shows the cheapest providers based on our ratings for the 35-year-old driver in each state.
While companies like Geico and USAA offer the cheapest car insurance on average, the cheapest company varies from state to state. Regional providers like Country Financial and Farm Bureau Insurance tend to be more affordable, so we encourage you to compare all of your options.
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*USAA is not included in this table. Although it is the cheapest provider in many states, it is only available to members of the military, veterans and their children.
Age is another important factor in how much you pay for full coverage car insurance. Young drivers are associated with more accidents and violations, so they pay more for car insurance. Our averages show that Geico is generally the cheapest provider for drivers of various ages.
Your driving record has a big impact on the rates you pay. Depending on your state, you may pay higher car insurance rates for three to five years after an accident or violation.
According to our rate averages, State Farm, Nationwide and Zigo are generally the most affordable for drivers with an accident or violation. However, this is not always the case. Let’s look at ratio averages in different contexts.
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That’s an average annual rate of $1,656. Our averages here apply to speeds between 16 and 20 MPH over the limit, and we see this type of speeding ticket increasing the average rate by $583 per year.
Running a stop sign puts people at risk and will definitely increase your insurance rates. Our estimates show that drivers pay an average of $550 more per year for this type of violation. Nationwide is the cheapest mass market provider on our list, averaging $1,650 per year.
If you have a DUI on your record, your insurance rates may go up. We estimate that drivers pay an average of $1,547 more per year to have a DUI on their record. This is almost 89% higher than the average rate for a driver with a clean record. If a DUI stays on your insurance record for three years, you’ll pay about $4,641 in that time.
Our average shows that State Farm is generally the cheapest provider with a DUI on your record. American Family, Progressive and Travelers are also affordable.
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According to our averages, an at-fault accident can increase your premiums by about 55%. State Farm is the cheapest national provider in this scenario, as it offers an average annual price of $1,882.
A combination of an at-fault accident and a speeding ticket on the same driving record can increase car insurance premiums even more. Our averages show that drivers with these two points on their records pay an average of 86% more for car insurance annually. In this case, State Farm was the cheapest mass market provider, averaging $2,077 per year.
Having two at-fault accidents on your record makes you a very dangerous driver to insure. Our estimates show that drivers with two accidents pay more than twice as much as drivers with a clean record, costing an average of $2,031 a year.
In this situation, it is better to have across State Farm, USAA, American Family or National as they are the four cheapest major providers for drivers with two accidents on their records.
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Finding affordable car insurance can be difficult if you have three faults. State Farm is a large insurance company that offers cheaper rates for these drivers, typically $2,341 per year, but it’s still expensive. On average, drivers with three at-fault accidents in their recent insurance history pay $3,706 more per year for car insurance than those with clean driving records.
After we considered average cost estimates for different types of drivers, Nationwide, State Farm, Zico, USAA and American Family were our top picks for the cheapest full-coverage car insurance.
Our top choice for affordable full-coverage car insurance nationwide. According to our data, the company pays good drivers 26% less than the national average. One of the cheapest companies nationwide for speeding tickets and minor violations on their records.
The company has an A+ rating and accreditation from the Better Business Bureau (BBB), which shows its quick response to complaints.
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Pros’ usage-based SmartRide® and mileage-based SmartMiles® programs scored 4.1 out of 5. 11 discounts from BBB A+ rating and recognition for overall satisfaction in our car insurance customer survey
Our review team reached out to Nationwide for comment on its reviews but did not receive a response.
After comparing car insurance companies on price, coverage, reputation, availability and customer experience, we rate State Farm 9.3 out of 10.0 and name it an Editors’ Choice. State Farm offers an excellent combination of affordability, excellent customer service and coverage options.
Students can save with State Farm’s great student discount and its app-based Steer Clear ® program for young drivers. The company has an A+ rating from the BBB.
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Benefits A wide variety of coverage options offer discounts for many types of drivers. Average full-coverage rates are 14% cheaper than the national average, which scored 4.2 out of 5 for overall satisfaction in our car insurance customer survey.
Our review team reached out to State Farm for comment on its reviews, but did not receive a response.
Geico is another reputable provider of cheap auto insurance. Our data shows Geico is the cheapest option in many states, and it offers average prices that are 24% cheaper than the market average.
Of the nearly 7,000 car insurance consumers in our survey, about 16% of those polled had Geico insurance. Those customers rated Geico 4.1 out of 5.0 for overall satisfaction and 4.2 for claims service. Geico also has an A+ rating from the BBB.
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Scored 4.1 out of 5 for overall satisfaction in our car insurance customer survey.
Our research team J.T. Power reached out to Geico for comment on its score in the study, but did not receive a response.
No list of cheap full-coverage car insurance companies would be complete without USAA, as it offers low premiums for qualified drivers. Our estimates show USAA’s full coverage rates are about $1,054 per year, 39% cheaper than the national average.
USAA has high customer service ratings and J.D. Power 2021 US It scored first with a score of 909 out of 1,000 points in the Auto Claims Satisfaction Survey.
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Pros Cheap Full Coverage Car Insurance Rates SafePilot® received a score of 4.3 out of 5.0 for overall satisfaction in our car insurance customer survey.
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