State-by-State Breakdown: Cheapest Auto Insurance in United States (2024)

IkennaJanuary 18, 2024

0 15 31 minutes read

Introduction

Determining the absolute cheapest auto insurance in the United States for 2024 is difficult as rates vary widely depending on several factors, including:

Location: Insurance costs are significantly influenced by your state, city, and even zip code. Regions with higher accident rates or theft risks typically have higher premiums.
Driver profile: Your age, driving record, credit score, and annual mileage all affect your insurance price. Younger drivers, those with accidents or violations, and individuals with poor credit typically pay more.
Vehicle: The type of car you drive heavily impacts your insurance cost. High-performance, luxury, or frequently stolen vehicles generally have higher premiums.
Coverage level: The amount of coverage you choose (liability, collision, comprehensive, etc.) directly affects your premium. More coverage means a higher cost.

However, based on recent analyses by various financial and insurance resources, here are some of the companies consistently offering the cheapest car insurance in different states in the US for different driver profiles and coverage levels:

Alabama

Minimum Coverage:

GEICO: $528 per year ($44 per month)—consistently offers the cheapest rates for minimum coverage in Alabama, especially for younger drivers.
Travelers: $648 per year ($54 per month)—another competitive option for minimum coverage, particularly for good drivers.
Nationwide: $732 per year ($61 per month)—often falls within the affordable range for liability coverage, with additional discounts available for various factors.

Full Coverage:

Travelers: $1,921 per year ($160 per month)—surprisingly, it emerges as the most affordable for full coverage in Alabama, making it a budget-friendly option for those seeking comprehensive protection.
Country Financial: $2,099 per year ($175 per month)—known for its competitive rates and focus on rural areas, making it potentially ideal for Alabama drivers outside metropolitan centers.
Auto-Owners: $2,368 per year ($197 per month) provides good value for full coverage, with additional discounts available for safety features and bundling policies.

Alaska

Cheapest Overall:

USAA: With an average annual premium of $1,127, or $94 per month for full coverage, USAA tops the list for affordability in Alaska. However, it’s exclusive to military members, veterans, and their families.
Geico: Following closely behind is Geico, offering full coverage at an average of $1,219 annually or $102 per month. They’re a good option for most drivers, especially for minimum coverage with an average yearly cost of $737 or $61 per month.

Other Affordable Options:

State Farm: While not the absolute cheapest, State Farm boasts exceptional customer service and competitive rates, averaging $1,036 annually or $86 per month for full coverage. They also offer the cheapest liability-only coverage at $46 per month on average.
Allstate: Coming in at an average annual premium of $994, or $83 per month for full coverage, Allstate is another solid choice for Alaskan drivers.
Umialik Insurance: This local Alaskan company often shines in specific situations. They have the cheapest rates for teen drivers with minimum coverage, averaging $2,931 per year, and for drivers with a DUI on their record.

Arizona

Minimum Coverage:

State Farm: Around $428 per year, making it the cheapest option for many drivers seeking basic liability coverage.
GEICO offers competitive rates at around $416 annually, particularly for younger drivers.
Noblr: A relatively new entrant, Noblr provides surprisingly low rates, averaging around $431 per year for minimum coverage.

Full Coverage:

Travelers: Comes in as the most affordable option for full coverage at an estimated $1,294 annually.
Geico: Remains competitive with full coverage, averaging around $1,340 per year.
State Farm: Offers full coverage at around $1,444 annually, still considered a good deal for this level of protection.

Other factors to consider:

USAA: While not technically available to everyone, USAA consistently boasts the cheapest rates for qualified individuals (military members, veterans, and their families). If you’re eligible, it’s definitely worth checking out their offers.
Your individual circumstances: Remember, these are just averages. Your actual rates may vary based on your specific driving profile, car, and desired coverage details. Always compare quotes from multiple insurers before making a decision.

Arkansas

For Minimum Coverage (State-Required Liability):

State Farm: $31 per month. This national giant consistently ranks among the most affordable for minimum coverage, especially for good drivers.
Shelter Mutual Insurance: $36 per month—a regional player offering competitive rates in Arkansas, particularly for rural drivers.
Farm Bureau Insurance: $38 per month—another regional option with a strong presence in Arkansas and potentially lower rates if you qualify for membership discounts.

For Full Coverage (Including Collision and Comprehensive):

State Farm: $101 per month – Offers the best combination of affordability and reliability for full coverage in Arkansas.
USAA: $75 per month—boasts the absolute cheapest rates on average but is only available to military members, veterans, and their families.
GEICO: $91 per month; generally provides competitive rates for full coverage, particularly for younger drivers.

California

Determining the absolute cheapest car insurance companies in California for 2024 can be tricky, as rates depend heavily on various factors like your location, driving profile, and desired coverage level. However, based on recent analyses by reputable financial and insurance resources, here are some companies consistently offering competitive rates for different needs:

Cheapest for Minimum Coverage:

GEICO: On average, GEICO offers the cheapest rates for minimum liability coverage in California, at around $33 per month or $398 annually.
USAA: Though not accessible to everyone, USAA boasts the most affordable rates on average across the US, including California. Their minimum coverage could be as low as $35 monthly or $422 yearly.
Progressive: Coming in at around $36 per month, or $431 annually, Progressive is another solid option for budget-conscious drivers seeking minimum coverage.

Cheapest for Full Coverage:

California Capital: This regional provider often emerges as the most affordable option for full coverage in California, with estimated monthly rates around $100.
Wawanesa: While not as widely available, Wawanesa can be surprisingly cheap for full coverage, especially for drivers with good records or after an accident. Their average rates can be as low as $558 per six-month policy.
Mercury Insurance: Known for its value-oriented approach, Mercury provides competitive full coverage rates, often around $124 per month on average.

Additional Options:

CSAA Insurance: This California-specific insurer offers competitive rates for both minimum and full coverage, particularly for good drivers and those with long-term memberships. Expect monthly rates around $39 for minimum coverage.
State Farm: While not always the cheapest, State Farm stands out for its consistently reliable coverage and competitive rates, especially for good drivers and families. Their full coverage rates can be around $151 per month on average.

Colorado

For Minimum Coverage:

American National: Average annual rate of $696, making it the cheapest option for most drivers seeking basic liability coverage.
Colorado Farm Bureau: Offers competitive rates for young drivers, with an average annual cost of $783 for minimum coverage.
Geico: Generally affordable for minimum coverage, with an average annual cost of $856.

For Full Coverage:

State Farm consistently ranks as the cheapest for full coverage in Colorado, with an average annual rate of $1,448.
USAA: Offers the absolute cheapest rates on average but is only available to military members, veterans, and their families.
GEICO: Competitive option for full coverage, with an average annual cost of $2,257.

Connecticut

Minimum Coverage:

Amica: $401 per year on average (around $33 per month)
Allstate: $618 per year on average (around $51 per month)
Travelers: $726 per year on average (around $61 per month)

Full Coverage:

State Farm: $1,715 per year on average (around $143 per month)
Geico: $1,689 per year on average (around $141 per month)
Nationwide: $1,441 per year on average (around $120 per month)

Delaware

Minimum Coverage:

Travelers: $536 per year. Travelers consistently rank among the cheapest for minimum coverage in Delaware, making it a great option for budget-conscious drivers.
State Farm: $542 per year. State Farm offers another competitive option for minimum coverage, particularly for good drivers.
USAA: $500 per year. USAA boasts the absolute cheapest rates on average but is only available to military members, veterans, and their families.

Full Coverage:

Travelers: $1,170 per year. Surprisingly, Travelers also takes the top spot for full coverage in Delaware, making it a well-rounded choice for comprehensive protection at a budget-friendly price.
State Farm: $1,347 per year – State Farm comes in second for full coverage, offering slightly higher rates than Travelers but potentially better customer service and additional benefits.
Nationwide: $1,550 per year. Nationwide rounds out the top 3 for full coverage, providing competitive rates and a variety of coverage options.

Florida

Minimum Coverage:

Geico: $39 per month, generally the most affordable for basic liability coverage, especially for younger drivers.
State Farm: $46 per month—a close second option with competitive rates for both good and bad drivers.
Progressive: $60 per month—slightly higher than Geico and State Farm, but may offer better rates for drivers with less-than-perfect records.

Full Coverage:

Travelers: $168 per month. Offers the lowest average rates for comprehensive coverage on the market.
State Farm: $163 per month – Close behind Travelers, with a strong reputation for customer service and reliability.
Progressive: $189 per month – More expensive than Travelers and State Farm, but might be more affordable for individuals with specific coverage needs.

Other Affordable Options:

Mercury is known for offering discounts for low-mileage drivers and anti-theft devices.
Nationwide: competitive rates for good drivers and seniors.
Direct Auto: Affordable option for budget-conscious drivers looking for basic coverage.

Georgia

Minimum Coverage:

Auto-Owners: Offers the cheapest average rates for minimum coverage in Georgia, often around $42 per month.
Georgia Farm Bureau: Can be very competitive for minimum coverage, especially for good drivers, averaging around $45 per month.
Central Insurance: Another affordable option for minimum coverage, with average rates around $49 per month.

Full Coverage:

Nationwide often stands out with the cheapest full coverage plans in Georgia, averaging around $119 per month.
Georgia Farm Bureau: Offers full coverage plans at competitive rates, averaging around $122 per month.
Auto-Owners: Can be surprisingly affordable for full coverage, with average rates around $140 per month.

Other points to consider:

USAA: While not accessible to everyone, USAA offers incredibly cheap options for full coverage if you qualify, averaging around $50 per month.
Discounts: Be sure to compare discounts offered by various companies, like good driver discounts, bundling policies, or safety features.
Quotes: Always get quotes from multiple companies to see who offers the best deal for your individual situation.

Hawaii

Cheapest for Minimum Coverage:

USAA: At an average of $30 per month, USAA offers the most affordable minimum coverage rates in Hawaii. However, it’s important to note that USAA is only available to military members, veterans, and their families.
Geico: With an average monthly rate of $33, Geico is another great option for minimum coverage in Hawaii. They offer competitive rates for most drivers, especially younger drivers.

Cheapest for Full Coverage:

Geico: Surprisingly, Geico also takes the top spot for full coverage in Hawaii, with an average monthly rate of $82. This is significantly cheaper than the state average of $137 per month.
USAA: Coming in at a close second for full coverage is USAA, with an average monthly rate of $93. While slightly more expensive than Geico, USAA boasts excellent customer service and additional benefits for military members.

Other Affordable Options:

Island Insurance: A local Hawaiian company, Island Insurance offers competitive rates for both minimum and full coverage, with average monthly rates of $41 and $110, respectively.
State Farm: While not the cheapest overall, State Farm provides reliable coverage and competitive rates, especially for good drivers. Their average monthly rates for minimum and full coverage are $50 and $163, respectively.

Idaho

For Minimum Coverage:

State Farm: As low as $19 per month for minimum liability coverage, making it the most affordable option for many drivers.
American National: Around $26 per month on average, a budget-friendly choice for young drivers, particularly those with clean driving records.
Idaho Farm Bureau: approximately $48 per month, offering local expertise and potential discounts for bundling with other insurance products.

For Full Coverage:

Auto-Owners: Averaging around $56 per month, it consistently ranks among the most affordable for full coverage, especially for good drivers with safe vehicles.
State Farm: Around $54 per month for full coverage; a reliable option with a good reputation for customer service.
PEMCO Insurance: Coming in at approximately $63 per month on average, it is a regional carrier with competitive rates, but availability is limited to specific areas.

Illinois

The cheapest car insurance companies in Illinois can vary depending on your specific details, but here are some options with average monthly rates for different coverage levels based on recent data:

Minimum Coverage:

State Farm: $43 per month
Country Financial: $46 per month
Geico: $48 per month
Erie Insurance: $50 per month
Progressive: $52 per month

Full Coverage:

Travelers: $110 per month
State Farm: $117 per month
Farmers Insurance: $130 per month
Geico: $132 per month
Liberty Mutual: $135 per month

Additional Considerations:

Drivers with poor credit: Hastings Mutual, Secura, Mercury, First Chicago, Auto Club of SoCal tend to offer lower rates for full coverage compared to other companies.
Drivers with one speeding ticket: Erie, First Chicago, State Farm, Allstate, Progressive often have more reasonable minimum coverage rates for this scenario.
Young drivers: First Chicago, Secura, Mercury can be good options for minimum coverage due to their lower average rates.

Indiana

For Minimum Coverage:

Auto-Owners: This mutual insurance company boasts the lowest average monthly premium for minimum coverage in Indiana, at just $20 per month, or $246 annually. They’re known for their affordability and discounts on safety features.
Grange: Another mutual insurer, Grange comes in close behind with an average monthly minimum coverage premium of $21, translating to $254 annually. They cater to rural areas and offer various discounts.
Pekin Insurance: This regional company rounds out the top 3 for minimum coverage affordability, with an average monthly rate of $22 or $259 annually. They focus on personalized service and competitive rates.

For Full Coverage:

Auto-Owners: Again, Auto-Owners takes the crown for full coverage affordability, with an average monthly premium of $76 or $916 annually. Their comprehensive policies are budget-friendly, making them a great all-around option.
American National: This company offers the second-cheapest full coverage option in Indiana, with an average monthly premium of $80, or $962 annually. They’re known for their flexible coverage options and customer service.
Hastings Mutual: This regional insurer nabs the third spot for full coverage affordability, with an average monthly premium of $87, or $1,044 annually. They cater to specific states and offer various discounts.

Other Notable Options:

USAA: While technically not available to everyone, USAA offers the most affordable car insurance overall, including in Indiana, for eligible military members and their families. Their average monthly full coverage premium comes in at around $58, or $700 annually.
State Farm: A nationwide giant, State Farm provides competitive rates for both minimum and full coverage, especially for good drivers. Their average monthly full coverage premium in Indiana is around $104.4 or $1,252 annually.

Iowa

Cheapest Overall:

State Farm generally offers the most competitive rates in Iowa, with average monthly costs of $38 for minimum coverage and $80 for full coverage. They’re a great option for most drivers, especially those with clean records.
Geico often comes in as the cheapest for minimum coverage, with an average monthly cost of around $37. They can be a good choice for younger drivers or those on a tight budget.
Hastings Mutual: Another budget-friendly option, particularly for full coverage, with an average monthly cost of around $62. They might be worth considering if you prioritize affordability over additional bells and whistles.

Other Affordable Options:

Farm Bureau Financial Services: They can be competitive for minimum coverage, with an average monthly cost of around $37. They might be a good choice for rural drivers or those with ties to the agricultural community.
Western National: They offer competitive rates for drivers with prior incidents, with an average monthly cost of around $47 for minimum coverage. Consider them if you have an accident or violation on your record.
Progressive: They can be affordable for drivers with less-than-perfect driving records, with an average monthly cost of around $54 for minimum coverage. They might be a good option if you’re looking for flexibility or have driving points.

Kansas

Minimum Coverage:

Farm Bureau Financial Services: This regional mutual company often boasts the lowest rates for minimum coverage in Kansas, with an average annual cost of $342, roughly $29 per month.
Auto-Owners Insurance: Another mutual company, Auto-Owners, comes in close behind with an average annual minimum coverage cost of $394, or about $33 per month.
Geico: This national insurer is known for its affordability, offering minimum coverage in Kansas for an average of $426 annually, or roughly $36 per month.

Full Coverage:

State Farm: While not the cheapest for minimum coverage, State Farm shines with its full coverage rates, averaging $1,217 annually, or $101 per month in Kansas. This makes it a great option for drivers seeking comprehensive protection at a reasonable price.
Nationwide: Coming in second for full coverage affordability is Nationwide, with an average annual cost of $1,260 in Kansas, translating to roughly $105 per month. They often offer competitive rates for young drivers, too.
Shelter Insurance: This regional carrier is another solid choice for full coverage, averaging $1,324 annually or $110 per month in Kansas. They provide reliable coverage and good customer service.

Kentucky

Finding the cheapest auto insurance in Kansas depends on your specific profile and needs, but here are some companies consistently offering competitive rates, along with their average annual premiums for different coverage levels:

Minimum Coverage:

Farm Bureau Financial Services: $342 per year (~$29 per month)
Auto-Owners: $394 per year (~$33 per month)
Geico: $426 per year (~$36 per month)
Travelers: $440 per year (~$37 per month)
State Farm: $444 per year (~$37 per month)

Full Coverage:

Nationwide: $1,217 per year (~$101 per month)
State Farm: $1,375 per year (~$115 per month)
Liberty Mutual: $1,444 per year (~$120 per month)
Allstate: $1,473 per year (~$123 per month)
Progressive: $1,512 per year (~$126 per month)

Additional Factors to Consider:

Driver profile: Age, driving record, credit score, and annual mileage all affect your rates.
Vehicle: The type of car you drive also plays a role.
Discounts: Many companies offer discounts for things like good grades, being a homeowner, or bundling your auto and home insurance.

Louisiana

Cheapest for Minimum Coverage:

Farm Bureau: $56 per month ($666 per year) This option might be particularly attractive for low-risk drivers who only need the basic liability coverage required by law.
GEICO: $64 per month ($768 per year) GEICO is known for its competitive rates, especially for younger drivers.
Progressive: $73 per month ($876 per year) Progressive can be affordable for drivers with less-than-perfect driving records.

Cheapest for Full Coverage:

Farm Bureau: $145 per month ($1,740 per year)—Farm Bureau also offers the most affordable full coverage rates on average in Louisiana.
Southern Farm Bureau: $171 per month ($2,052 per year)—Southern Farm Bureau is another regional option with competitive full coverage rates.
USAA: $144 per month ($1,728 per year)—USAA offers extremely competitive rates for military members, veterans, and their families.

Maine

Minimum Liability Coverage:

Concord Group: $71 per month ($847 per year)—this is the overall cheapest option in Maine for minimum coverage.
Countryway: $77 per month ($922 per year)
Geico: $81 per month ($973 per year)
Patriot Insurance: $82 per month ($984 per year)

Full Coverage:

Concord Group: $110 per month ($1,320 per year) – This is the cheapest option for full coverage in Maine.
State Farm: $111 per month ($1,332 per year)
Amica Mutual: $114 per month ($1,368 per year)
Liberty Mutual: $118 per month ($1,416 per year)

Maryland

Full Coverage:

State Farm: $130 per month (24% cheaper than the state average)
Travelers: $104 per month (cheapest, according to The Zebra)
Nationwide: $107 per month
Penn National: $132 per month

Minimum Coverage (MD state minimums):

Geico: $44 per month (cheapest, according to NerdWallet)
USAA: $36 per month
Cumberland Mutual: $51 per month
Erie: $65 per month
Travelers: $66 per month

Massachusetts

Minimum Coverage:

Hanover Insurance: $40/month (36% below state average)
Farmers Insurance: $52/month
GEICO: $53/month
Safety Insurance: $54/month
Arbella Insurance: $55/month

Full Coverage:

Geico: $353/month
Preferred Mutual: $408/month
Farmers Insurance: $410/month
Safety Insurance: $417/month
Arbella Insurance: $423/month

New Drivers:

Hanover Insurance: $131/month (minimum)
Geico: $132/month (minimum), $353/month (full)
Progressive: $137/month (minimum)
Liberty Mutual: $144/month (minimum)
Amica Mutual: $147/month (minimum)

70-year-old Drivers with Poor Credit:

Preferred Mutual: $67/month (full)
Safety Insurance: $71/month (full)
Main Street America: $73/month (full)
N&D Group: $76/month (full)
Chubb: $86/month (full)

70-year-old Drivers with One At-Fault Crash:

Geico: $80/month (full)
Preferred Mutual: $81/month (full)
Main Street America: $107/month (full)
Arbella: $111/month (full)
Safety Insurance: $130/month (full)

Michigan

Minimum Coverage:

Wolverine Mutual: Estimated average annual rate of $206, making it the cheapest option for many drivers.
Farmers Insurance: Estimated average annual rate of $221, offering a good balance between cost and coverage.
Fremont Insurance: Estimated average annual rate of $292, slightly higher but still competitive.
Pioneer State Mutual Insurance Company: Estimated average annual rate of $372, a bit more expensive but with a strong reputation for customer service.
Secura Insurance: Estimated average annual rate of $450, offering a more personalized approach but with slightly higher rates.

Full Coverage:

GEICO: Estimated average annual rate of $1,061, making it the cheapest option for full coverage for many drivers.
Progressive: Estimated average annual rate of $1,123, offering competitive rates and a wide range of coverage options.
Auto-Owners Insurance: Estimated average annual rate of $1,187, known for its excellent customer service and financial stability, justifying the slightly higher cost.
Travelers Insurance: Estimated average annual rate of $1,218, offering a good balance of affordability and coverage options.
Liberty Mutual Insurance: Estimated average annual rate of $1,245, providing a comprehensive package with various discounts and features.

Minnesota

State Farm: $105 per month

State Farm consistently ranks among the most affordable options for both minimum and full coverage, especially for good drivers in Minnesota.

American Family: $125 per month

American Family offers competitive rates for full coverage, particularly for families in Minnesota.

Auto-Owners: $132 per month

Auto-Owners is known for being affordable for good drivers and offers discounts for various safety features.

Travelers: $140 per month

Travelers provides competitive rates for full coverage across the board, making it a solid option for many drivers in Minnesota.

Farmers Insurance: $145 per month

Farmers Insurance tends to be slightly more expensive than the top contenders, but it offers comprehensive coverage options and decent rates for families.

Mississippi

Minimum Coverage:

State Farm: $346 per year on average, making it the cheapest option for minimum coverage in the state.
Mississippi Farm Bureau: $444 per year on average, offering a competitive rate with a local focus.
Progressive: $456 per year on average, often a good choice for younger drivers seeking basic coverage.

Full Coverage:

USAA: $1,264 per year on average, boasting the cheapest full coverage rates in Mississippi, but restricted to military members and their families.
State Farm: $1,328 per year on average, providing competitive full coverage rates with a broad range of options.
Mississippi Farm Bureau: $1,372 per year on average, offering affordable full coverage with a local touch.

Additional Options:

Direct Auto: Known for its direct-to-consumer approach and potentially competitive rates, but reviews can be mixed.
Nationwide: Can be a good option for young drivers or those with less-than-perfect credit, but rates may not be the lowest.

Missouri

Minimum Coverage:

Missouri Farm Bureau: $323 per year ($27 per month)
Progressive: $404 per year ($34 per month)
Columbia: $418 per year ($35 per month)

Full Coverage:

State Farm: $1,224 per year ($102 per month)
Progressive: $1,452 per year ($121 per month)
Columbia: $1,488 per year ($124 per month)

Other Notable Options:

USAA: Often the cheapest for minimum and full coverage, but only available to military members, veterans, and their families.
Electric Insurance: Can be competitive for drivers with prior incidents.
Liberty Mutual: Offers customizable coverage options.

Montana

Overall Cheapest:

GEICO: Often the most affordable option for minimum coverage, particularly for younger drivers. Average annual cost for minimum coverage: $360.
State Farm: Generally competitive rates for both minimum and full coverage, especially for good drivers. Average annual cost for minimum coverage: $456.
USAA: Offers the absolute cheapest rates on average but is only available to military members, veterans, and their families. Average annual cost for minimum coverage: $245.

Other Affordable Options:

Progressive: Can be affordable for drivers with less-than-perfect driving records. Average annual cost for minimum coverage: $540.
QBE: Competitive rates for minimum coverage, often ranking well for younger drivers. Average annual cost for minimum coverage: $633.
Nationwide: Provides competitive rates for full coverage, especially for families. Average annual cost for full coverage: $1,248.

Nebraska

The cheapest auto insurance companies in Nebraska can vary depending on your specific driver profile and coverage needs, but here are some options along with estimated monthly rates for different coverage levels:

Cheapest for Minimum Coverage:

Farmers Mutual of Nebraska: $45 per month
Auto-Owners: $52 per month
GEICO: $59 per month
American Family: $67 per month
IMT Insurance: $66 per month

Cheapest for Full Coverage:

State Farm: $105 per month
Farmers Mutual of Nebraska: $109 per month
Nationwide: $121 per month
Progressive: $142 per month
Geico: $145 per month

Nevada

Minimum Coverage:

State Farm: $63 per month – State Farm often takes the top spot for affordability, especially when only opting for basic liability coverage.
Travelers: $166 per month – While not the cheapest overall, Travelers can be competitive for certain profiles, especially older drivers.
Progressive: $188 per month – Progressive can be an option for drivers with imperfect records, but may not be the most budget-friendly choice for everyone.
Geico: $200 per month – Geico can be affordable for certain driver profiles, particularly younger drivers, but might not be the lowest for everyone.

Full Coverage:

Country Financial: $156 per month – Country Financial offers competitive rates for full coverage, especially for young drivers.
Progressive: $188 per month – Progressive can be an option for full coverage, particularly for drivers with less-than-perfect records, but might not be the cheapest overall.
Geico: $200 per month – Geico can be affordable for full coverage for certain profiles, but might not be the lowest for everyone.
Travelers: $247 per month – While not the cheapest, Travelers can be competitive for full coverage for certain profiles, especially older drivers.

New Hampshire

Cheapest for Minimum Coverage:

Hanover: $16 per month (65% cheaper than the state average!)
USAA: $23 per month (only available to military members and families)
State Farm: $29 per month

Cheapest for Full Coverage:

USAA: $110 per month
Nationwide: $130 per month
Geico: $133 per month

Other Affordable Options:

Liberty Mutual: $145 per month (full coverage)
Progressive: $150 per month (full coverage)
Farmers Insurance: $155 per month (full coverage)

New Jersey

1. Geico:

Generally considered the cheapest for minimum coverage in New Jersey, with an average monthly cost of around $49.
Competitive rates for full coverage as well, averaging around $97 per month.
User-friendly interface and convenient online quote system.

2. Plymouth Rock:

Offers affordable minimum coverage, averaging around $54 per month.
Full coverage rates are also competitive, at around $102 per month.
Known for its excellent customer service and claims handling.

3. NJM:

A regional mutual insurance company often providing competitive rates for New Jersey drivers, especially teens and those with less-than-perfect driving records.
Minimum coverage averages around $63 per month.
Full coverage can be slightly higher, at around $118 per month.

4. Selective Insurance:

Another potential option for drivers seeking low minimum coverage rates, averaging around $48 per month.
Full coverage rates are somewhat higher, at around $108 per month.
Offers various discounts and coverage options.

5. State Farm:

A reputable national carrier with competitive rates in New Jersey, particularly for good drivers.
Minimum coverage averages around $58 per month.
Full coverage can be around $115 per month.

New Mexico

Cheapest for Minimum Coverage:

USAA: $20 per month on average (Only available to military members, veterans, and their families.)
State Farm: $33 per month on average (Generally affordable for good drivers.)
Progressive: $57 per month on average (Competitive for younger drivers.)

Cheapest for Full Coverage:

State Farm: $108 per month on average (Excellent value for most drivers.)
USAA: $80 per month on average (Exceptionally cheap for eligible individuals.)
GEICO: $149 per month on average (Competitive rates for many drivers.)

Other Affordable Options:

Farmers Insurance: Often affordable for families and offers various discounts.
Freeway Insurance: Local New Mexico company with competitive rates.
Auto-Owners Insurance: Great choice for good drivers with safety features.

New York

Cheapest Overall:

Progressive: Offers the lowest average rates for both minimum liability ($52/month) and full coverage ($94/month), making it a good choice for many drivers.
NYCM: Often the cheapest option for minimum coverage ($408/year), especially for low-risk drivers.

Other Affordable Options:

Main Street America: Competitive rates for minimum coverage ($531/year) and full coverage ($1,414/year).
Erie Insurance: Strong ratings for customer service and competitive rates for both minimum ($576/year) and full coverage ($1,291/year).
Preferred Mutual: Affordable for minimum coverage ($542/year) and full coverage ($1,341/year).

Additional Options to Consider:

GEICO: Can be cheaper for drivers with less-than-perfect driving records, particularly for minimum coverage.
State Farm: Generally higher than Progressive but offers strong discounts for good drivers and safety features.
USAA: Only available to military members, veterans, and their families, but often the absolute cheapest for qualified individuals.

North Carolina

Top Contenders for Cheapest Car Insurance in North Carolina:

1. North Carolina Farm Bureau:

Average annual premium for full coverage: $864
Best for: Drivers with clean records and rural residency

2. Progressive:

Average annual premium for full coverage: $907
Best for: Minimum coverage and drivers with recent speeding tickets

3. State Farm:

Average annual premium for full coverage: $936
Best for: Good drivers, young drivers, and overall convenience

4. Erie Insurance:

Average annual premium for full coverage: $1,074
Best for: Drivers with bad credit

5. USAA:

Average annual premium for full coverage: Not publicly available
Best for: Military members, veterans, and their families (restricted eligibility)

Additional Options to Consider:

Geico: Often competitive for minimum coverage, especially for younger drivers.
Farmers Insurance: Competitive for full coverage, particularly for families.
Auto-Owners Insurance: Frequently ranks well for good drivers and offers discounts for safety features.

North Dakota

Minimum Coverage:

Nodak Mutual: With an average annual cost of $225, Nodak Mutual consistently ranks as the cheapest option for minimum liability coverage in North Dakota. This translates to a monthly cost of around $19.
GEICO: Coming in at a close second with an average annual cost of $308, GEICO offers another budget-friendly option for minimum coverage in North Dakota. This translates to a monthly cost of around $26.
American Family: While not the absolute cheapest, American Family offers competitive rates for minimum coverage, averaging around $312 per year or $26 per month. They also consistently receive high customer satisfaction ratings.

Full Coverage:

USAA: While only available to military members, veterans, and their families, USAA boasts the most affordable full coverage rates in North Dakota, with an average annual cost of $913 or $76 per month.
State Farm: Another reliable option for full coverage, State Farm comes in at an average annual cost of $1020 or $85 per month in North Dakota. They are known for their strong financial stability and customer service.
Nationwide: Offering a balance between affordability and coverage, Nationwide provides full coverage for an average annual cost of $693 or $58 per month in North Dakota. They also offer a variety of discounts and add-ons.

Ohio

Cheapest Minimum Coverage:

Buckeye: $221 per year ($18 per month) on average
Central Insurance: $263 per year ($22 per month) on average
Progressive: $305 per year ($25 per month) on average
Encova: $308 per year ($26 per month) on average
State Farm: $308 per year ($26 per month) on average

Cheapest Full Coverage:

State Farm: $70 per month (around $840 per year) on average
Erie Insurance: $77 per month (around $924 per year) on average
Nationwide: $79 per month (around $948 per year) on average
Geico: $82 per month (around $984 per year) on average

Other Affordable Options:

USAA: Offers very competitive rates, but only available to military members, veterans, and their families.
Liberty Mutual: Can be affordable for some drivers, especially with their bundling discounts.
The Hartford: Often competitively priced for full coverage, but less so for minimum coverage.

Oklahoma

Top Contenders:

State Farm: $1,320 per year on average. State Farm consistently ranks among the most affordable for both minimum and full coverage in Oklahoma, especially for good drivers.
USAA: $1,248 per year on average. USAA offers the absolute cheapest rates on average in Oklahoma, but is only available to military members, veterans, and their families.
Progressive: $1,488 per year on average. Progressive can be a good option for drivers with less-than-perfect driving records in Oklahoma.

Other Affordable Options:

American Farmers & Ranchers: $1,508 per year on average. American Farmers & Ranchers offers competitive rates for full coverage in Oklahoma, particularly for good drivers.
Shelter: $2,092 per year on average. Shelter is another option for affordable full coverage in Oklahoma, although their rates tend to be higher than State Farm or USAA.
GEICO: $1,716 per year on average. GEICO can be a good option for minimum coverage in Oklahoma, especially for younger drivers.

Oregon

Minimum Coverage:

State Farm: $54 per month – State Farm often comes out on top for both minimum and full coverage in Oregon, especially for good drivers.
GEICO: $63 per month – GEICO tends to be competitive for minimum coverage, particularly for younger drivers.
Pemco Insurance: $67 per month – A regional player in the Northwest, Pemco offers competitive rates for Oregon drivers.

Full Coverage:

State Farm: $104 per month – Again, State Farm shines with its competitive full-coverage rates for Oregon drivers.
USAA: $85 per month – While only available to military personnel and their families, USAA boasts the lowest average rates nationwide, including Oregon.
Farmers Insurance: $115 per month – Farmers can be a good option for families seeking full coverage in Oregon.

Pennsylvania

For Minimum Coverage:

Erie Insurance: Eerie snags the top spot for minimum coverage in Pennsylvania, with an average annual premium of just $336, significantly lower than the state average of around $500.
Westfield Insurance: Following closely behind is Westfield, offering minimum coverage for an average of $342 per year.
Auto-Owners Insurance: Auto-Owners rounds out the top 3 with an average minimum coverage premium of $358 annually.

For Full Coverage:

Geico: Geico takes the lead for full coverage in Pennsylvania, with an average annual premium of $972.
Erie Insurance: Erie comes in second for full coverage as well, averaging $1,008 per year.
Travelers Insurance: Travelers rounds out the top 3 for full coverage, with an average annual premium of $1,023.

Additional Options:

Nationwide: While not the cheapest overall, Nationwide can be a good option for drivers with less-than-perfect driving records due to their lenient underwriting policies.
Progressive: Similar to Nationwide, Progressive offers competitive rates for drivers with driving history blemishes.
State Farm: Although not always the most affordable, State Farm provides excellent customer service and a wide range of coverage options.

Rhode Island

Finding the absolute cheapest auto insurance company in Rhode Island depends on your specific driving profile and needs, but here are some companies consistently offering competitive rates across different scenarios, along with average monthly premiums for reference (January 2024):

Minimum Coverage:

Travelers: $61, the most affordable option for minimum liability coverage.
Amica Mutual: $74, offering competitive rates and strong customer satisfaction.
Progressive: $80, a good choice for young drivers or those with less-than-perfect records.
State Farm: $88, slightly higher than Travelers but often comes with discounts and perks.

Full Coverage:

State Farm: $88 per month, the cheapest on average for full coverage, especially for good drivers.
Travelers: $156, a close second with competitive rates for various driver profiles.
Nationwide: $216, slightly higher than the leaders but provides good coverage options.
Geico: $218, another solid option with digital tools and easy policy management.

Other factors to consider:

Your driving record: If you have accidents or violations, companies like Progressive and Geico may offer more affordable rates than State Farm or Amica.
Your credit score: Drivers with good credit generally qualify for lower premiums.
The type of car you drive: High-performance or luxury vehicles typically cost more to insure.
Your annual mileage: Driving fewer miles can lead to lower rates.

South Carolina

Top contenders for cheapest auto insurance in South Carolina:

American National: Often comes out on top for both minimum and full coverage, especially for younger drivers or those with less than perfect driving records. Average annual rates for minimum coverage can be as low as $270, while full coverage comes in around $537.
Auto-Owners: Another strong contender, particularly for good drivers and those looking for full coverage. They may not be the absolute cheapest for minimum coverage, but their full coverage rates are some of the most affordable in the state, averaging around $1,304 annually.
Geico: Generally known for their competitive rates, especially for minimum coverage. Their average annual minimum coverage rate in South Carolina is around $698, making them a budget-friendly option for many drivers.
Encompass: This subsidiary of Allstate stands out for offering some of the cheapest rates for young drivers in South Carolina. Their average annual minimum coverage rate for drivers under 25 is around $1,162, which is lower than many other major insurers.
Farm Bureau: This regional insurer can be very affordable for some drivers, especially those with good driving records or who qualify for their member discounts. Their average annual rate for minimum coverage is around $705, while full coverage comes in at around $1,737.

South Dakota

Cheapest for Full Coverage:

State Farm: Average annual cost of $93 per month, significantly lower than the state average of $168.
Nationwide: Average annual cost of $1,372, or $114 per month.
American Family: Offers competitive rates for full coverage, especially for families.

Cheapest for Minimum Coverage:

Farmers Mutual of Nebraska: Often the cheapest, with some drivers seeing rates as low as $290 annually.
Auto-Owners: Known for its affordable minimum coverage options, averaging around $30 per month.
North Star Mutual: Another option for budget-conscious drivers, with average minimum coverage rates of $32 per month.

Other Factors to Consider:

Young Drivers: North Star Mutual, USAA (military-affiliated), and Farmers Mutual of Nebraska are often affordable for young drivers.
Drivers with Prior Incidents: Farmers Mutual of Nebraska, North Star Mutual, and Western National Mutual often offer competitive rates for drivers with tickets or accidents.
Good Drivers: State Farm, Progressive, and Allstate can be good options for drivers with clean records.

Tennessee

The “cheapest” auto insurance company in Tennessee varies greatly depending on your specific profile and insurance needs, but here are some options known for offering competitive rates based on recent data:

Minimum Coverage:

Auto-Owners: $256 per year on average
Tennessee Farm Bureau: $276 per year on average
State Farm: $473 per six months (around $315 per year)
Progressive: $390 per six months (around $260 per year)
Erie Insurance: $394 per six months (around $263 per year)

Full Coverage:

Erie Insurance: $107 per month ($1,284 per year)
State Farm: $107 per month ($1,284 per year)
Farmers Insurance: $125 per month ($1,500 per year)
Travelers: $143 per month ($1,716 per year)
USAA (if eligible): Potentially lower than listed options

Other factors to consider:

Your age and driving history: Younger drivers and those with accidents or violations will likely pay more.
Your credit score: Good credit usually earns you a discount.
The type of car you drive: Luxury or high-performance vehicles typically cost more to insure.
Your annual mileage: The more you drive, the higher your premium is likely to be.

Texas

Finding the absolute cheapest auto insurance company in Texas depends heavily on your individual factors like driving record, location, and car type. However, based on recent analyses by various financial and insurance resources, here are some of the companies consistently offering the most affordable car insurance in Texas, along with average annual rates for minimum and full coverage:

Minimum Coverage:

Texas Farm Bureau: $396 per year (around $33 per month)
State Farm: $448 per year (around $37 per month)
USAA: Potentially lower than Texas Farm Bureau, but only available to military members, veterans, and their families.
Geico: $520 per year (around $43 per month)
Dairyland: $584 per year (around $49 per month)

Full Coverage:

Texas Farm Bureau: $856 per year (around $71 per month)
GEICO: $984 per year (around $82 per month)
State Farm: $1,000 per year (around $83 per month)
Allstate: $1,040 per year (around $87 per month)
Progressive: $1,120 per year (around $93 per month)

Utah

Minimum Coverage:

Auto-Owners: $51 per month ($612 annually)
QBE: $30 per month ($354 annually)
Farm Bureau Financial Services: $40 per month ($477 annually)
Geico: $47 per month ($562 annually)
Nationwide: $55 per month ($654 annually)

Full Coverage:

Auto-Owners: $114 per month ($1368 annually)
USAA: $75 per month ($897 annually) (exclusive to military members, veterans, and their families)
Geico: $98 per month ($1176 annually)
Farm Bureau Financial Services: $106 per month ($1272 annually)
Nationwide: $128 per month ($1536 annually)

Additional points to consider:

These are just averages, and your individual quote may differ depending on your specific details.
While Auto-Owners offers the cheapest minimum coverage, USAA provides the most affordable full coverage option but has eligibility restrictions.
Geico and Progressive can be competitive for young drivers with minimum coverage.
Consider discounts offered by each company, such as good student, multi-car, or bundling with home insurance.

Vermont

Minimum Coverage:

State Farm: $201 per year ($17 per month) – Typically the cheapest for overall minimum coverage
Allstate: $233 per year ($19 per month) – Competitive rates for minimum coverage
Patriot Insurance: $519 per year ($43 per month) – Affordable for young drivers (20-year-olds)
Concord Group: $635 per year ($53 per month) – Another solid option for young drivers

Full Coverage:

State Farm: $1,490 per year ($124 per month) – Overall cheapest for full coverage
Vermont Mutual: $1,245 per year ($104 per month) – Local company with competitive rates
GEICO: $1,321 per year ($110 per month) – Good choice for younger drivers

Virginia

Minimum Coverage:

Erie Insurance: $38 per month
Virginia Farm Bureau: $38 per month
State Farm: $42 per month
Geico: $46 per month
Nationwide: $50 per month

Full Coverage:

Erie Insurance: $91 per month
Virginia Farm Bureau: $94 per month
State Farm: $101 per month
Nationwide: $105 per month
Geico: $110 per month

Washington

Cheapest for Minimum Coverage:

PEMCO: $317 per year ($26 per month)
CIG: $374 per year ($31 per month)
State Farm: $401 per year ($33 per month)

Cheapest for Full Coverage:

PEMCO: $87 per month
USAA: $83 per month (military only)
Travelers: $94 per month

Other factors to consider:

Driver profile: Age, driving record, credit score, annual mileage
Location: City, zip code
Vehicle: Type, value, safety features
Coverage level: Liability, collision, comprehensive, etc.

West Virginia

Minimum Coverage:

Encompass: Average monthly premium of $22, which is about 60% cheaper than the state average.
Erie: Average monthly premium of $33, around 40% cheaper than the state average.
USAA: Offers the cheapest rates for military members and their families.

Full Coverage:

Nationwide: Average annual premium of $1,216, making it the cheapest for full coverage across major companies.
State Farm: Average annual premium of $1,268, slightly higher than Nationwide but still affordable.
Erie: Average annual premium of $1,272, offering good value for full coverage.

Other Options:

Westfield: While not the absolute cheapest, they tend to be competitive for various driver profiles and offer discounts.
Liberty Mutual: Provides solid coverage options and has a good reputation for customer service.

Wisconsin

Minimum Coverage:

Erie Insurance: With an average monthly rate of $24, Erie takes the crown for the cheapest minimum liability coverage in Wisconsin. That’s significantly lower than the state average of $42 per month.
American Family Insurance: Following closely behind at $28 per month, American Family is another solid choice for budget-conscious drivers seeking basic liability coverage.
Geico: While not the absolute cheapest for minimum coverage, Geico often presents competitive rates, especially for younger drivers. Their average monthly cost falls within the state average range.

Full Coverage:

USAA: While only available to military members, veterans, and their families, USAA boasts the cheapest full coverage rates in Wisconsin, averaging around $74 per month. If you qualify, it’s definitely worth checking out.
Rockford Mutual Insurance: This regional carrier offers surprisingly competitive full coverage rates in Wisconsin, averaging around $84 per month. Consider them if you’re looking for a local option.
Hastings Mutual Insurance: Another regional player, Hastings Mutual, provides full coverage at an average monthly cost of $87. They’re worth exploring for potentially lower rates depending on your specific situation.

Additional Options:

State Farm: While not the absolute cheapest, State Farm remains a popular choice for reliable coverage in Wisconsin. Their average full coverage rates come in around $94 per month, but they often offer attractive discounts for good drivers and bundling policies.
American Family Mutual Insurance: As mentioned for minimum coverage, American Family also presents competitive full coverage options, averaging around $103 per month. Their local presence and range of coverages make them a popular choice for many Wisconsin drivers.

Wyoming

Minimum Coverage:

GEICO: Consistently boasts the lowest average rates for minimum coverage in Wyoming, often around $18 per month – that’s 43% below the state average!
State Farm: While their minimum coverage might not be the absolute cheapest, it’s still quite competitive, averaging around $21 per month, and comes with the added benefit of their strong reputation and customer service.

Full Coverage:

Farmers Insurance: Surprisingly, Farmers swoops in for the lead on full coverage affordability in Wyoming, with an average monthly cost of around $106 – 14% lower than the state average.
State Farm: Again, State Farm comes in as a solid choice for full coverage, averaging around $116 per month. Their rates might be slightly higher than Farmers, but their wider range of discounts and features might be worth considering.

Drivers with Accidents:

State Farm: If you’ve had an accident in your driving history, State Farm surprisingly steps up with the most affordable full coverage options, averaging around $116 per month, 24% lower than the state average for drivers with an accident.
GEICO: While not quite as cheap as State Farm for full coverage after an accident, Geico still offers a competitive average of $118 per month, making it a solid alternative.

Conclusion

Remember: The cheapest option for you might not be the cheapest overall. It’s crucial to compare quotes from multiple insurers based on your specific driving profile, car, and coverage needs. Consider using online quote comparison tools or consulting with an insurance agent to find the best deal.

Here are some additional tips for finding cheap car insurance:

Maintain a good driving record. Avoid accidents and traffic violations to keep your rates down.
Shop around and compare quotes. Don’t just stick with your current insurer. Get quotes from several different companies to see who offers the best rates for you.
Raise your deductible. Increasing your deductible (the amount you pay out of pocket before your insurance kicks in) can lower your premium.
Take advantage of discounts. Many insurers offer discounts for things like good grades, being a homeowner, or bundling your auto and home insurance.

By following these tips, you can increase your chances of finding the cheapest auto insurance that meets your needs.

IkennaJanuary 18, 2024

0 15 31 minutes read