What is America’s cheapest car insurance?
What is America’s cheapest car insurance? By comparing quotes and optimizing your coverage, you can find the cheapest car insurance that meets your needs.
What is America’s cheapest car insurance?
The answer to the “cheapest car insurance in America” depends on several factors, including:
1. Location: Insurance rates vary significantly by state. According to Forbes Advisor, Idaho has the cheapest car insurance in December 2023, with an average annual cost of $1,021 for good drivers. Conversely, Louisiana boasts the highest rates, averaging $3,364 per year.
2. Coverage: Minimum liability coverage is typically the cheapest option, while comprehensive and collision coverage will increase your premiums.
3. Driver profile: Age, driving history, credit score, marital status, and even gender can impact insurance rates. Generally, older drivers with good driving records and good credit will pay less than younger drivers with speeding tickets or poor credit.
4. Car type: More expensive cars often carry higher insurance premiums.
Car insurance cheapest Overall
ValuePenguin: State Farm – $41 per month (liability-only)
NerdWallet: State Farm – $37 per month (minimum coverage)
U.S. News & World Report: USAA – $1,022 per year (average)
Other Affordable Options
Geico.
Auto-Owners.
Westfield.
Travelers.
American Family.
Military Members: USAA offers the cheapest rates for military members, veterans, and their families, averaging $31 per month for liability-only coverage.
Car insurance in USA
Comparing quotes from multiple companies is crucial to finding the cheapest car insurance for your specific situation.
Consider raising your deductible to lower your premium.
Take advantage of discounts offered by insurance companies, like good driver discounts, bundling discounts, or safe driving courses.
Compare quotes in USA
Compare quotes from multiple insurers: Get personalized quotes from at least three companies to compare prices and options.
Consider your coverage needs: Decide how much coverage you need based on your budget and risk tolerance.
Look for discounts: Many insurers offer various discounts for things like good driving records, multiple cars, and bundled policies.
Ask about fees: Be aware of any additional fees, like cancellation or administrative fees.