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The cheapest car insurance starts at $88 a month, and reputable companies include USAA, Nationwide and Geico.
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Written by: Daniel Robinson Written by: Daniel Robinson Author Daniel is a columnist for Lead Group and has written for numerous automotive news websites and advertising companies across the US. Daniel is the leading authority on auto insurance, loans, warranty options, auto repair and more.
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Edited by: Rashawn Mitchner Edited by: Rashawn Mitchner Editor-in-Chief Rashawn Mitchner is a team editor with over 10 years of experience covering financial and insurance topics.
At The Guides Group, we compare the best insurance companies to find the most affordable option for drivers. In this article, we’ll look at which companies offer the lowest car insurance rates and tell you which are the best.
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The Guide Group is dedicated to providing reliable information to help you make the best decision about your car insurance. Because clients depend on us to provide objective and accurate information, we have developed an extensive rating system to compile our ranking of car insurance companies. We’ve collected data from many car insurers to rate companies against a wide range of factors on the list. After 800 hours of research, the final result was an overall score for each provider, with insurers receiving the most points on the list.
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According to our price estimate, USAA offers the cheapest car insurance at an average of $88 per month for a 35-year-old with a clean driving record. But USAA is only available to military members, veterans and their children. Looking at wholesale suppliers, Nationwide is the cheapest option, with monthly rates starting at $107.
Next, we’ll take a look at the cheapest car insurance companies broken down by state, driver age, and driving record.
Your location is one of the biggest factors that affect your car insurance premium. This section shows the cheapest provider based on our estimate for a 35-year-old driver in each province.
While companies like Geico and USAA offer the cheapest auto insurance on average, the cheapest auto insurance in each state varies. Local providers such as Country Money and Farm Insurance are also affordable, we encourage you to compare all your options.
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*This table does not include USAA. Although it remains 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 will pay for comprehensive auto insurance. Younger drivers are associated with higher rates of accidents and violations, so they pay more for car insurance. Our averages show that Geico is often the cheapest provider for drivers of all ages.
Your driving record has a big impact on the taxes you pay. Depending on your situation, you may pay higher car insurance rates three to five years after an accident or violation.
According to our ratings, State Farm, Nationwide, and Geico are often available to drivers with accidents or violations. However, this is not always the case. Let’s look at the measurement speed in different situations.
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And has an annual rate of $1,656. Our rates here apply to speeds 16 to 20 MPH over the limit, and we’ve found that this type of speeding ticket raises prices by an average of $583 per year.
Running a stop sign puts people in danger and certainly increases 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 advertising service provider on our list, with an average rate of $1,650 per year.
Having a DUI on your record can cause your insurance rates to skyrocket. Our estimates show that drivers pay an average of $1,547 more per year for having a DUI on their record. That’s about 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 more over that time.
Our averages show that State Farm is often the most favorable provider with a DUI on their record. American Family, Progressive and Travelers are also affordable.
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The risk of making a mistake can increase your rates by around 55%, according to our estimates. State Farm tends to be the cheapest national provider in this situation, offering annual rates as low as $1,882.
A side accident and a speeding ticket combined with the same driving record further raise your car insurance rates. Our average shows that drivers with these two marks on their records pay 86% more for car insurance every year. In this case, State Farm is the cheapest provider, averaging $2,077 per year.
Having two at-fault accidents makes you a more dangerous driver for insurance. Our estimates show that drivers with two accidents pay more than twice as much as drivers with clean records on average, costing an average of $2,031 more per year.
In this case it would be better to have State Farm, USAA, American Family or Nationwide as they are the cheapest providers for drivers with two accidents on their record.
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If you have been in three car accidents, you may have trouble finding affordable auto insurance. State Farm is an excellent insurance provider that offers the cheapest rate for these drivers, around $2,341 per year, but it is expensive. On average, drivers with three accidents on their last insurance policy pay $3,706 more per year for car insurance than people with clean driving records.
After looking at average cost estimates for different types of drivers, our top picks for the cheapest comprehensive car insurance were Nationwide, National Farm, Geico, USAA and American Family.
Nationwide, it’s our top pick for the cheapest car insurance. The company offers average prices about 26% lower than the national average for good drivers, according to our data. Nationwide, it’s also one of the cheapest companies for people with speeding tickets and minor offenses on their records.
The company has an A+ rating and Business Bureau (BBB) approval, which means it responds quickly to complaints.
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Professionals Offers usage-based SmartRide® and mileage-based SmartMiles® programs Offers 11 discounts A+ rating and certification from the BBB that received a 4.1 out of 5.0 overall satisfaction rating in our auto insurance survey.
Our review team reached out to Nationwide for comment on the review but did not receive a response.
After comparing auto insurance companies on cost, safety, reputation, affordability and customer experience, we rate State Farm 9.3 out of 10.0 and name it an Editors’ Choice. State Farm offers a good combination of affordability, good customer service and coverage options.
Students save with State Farm’s student discount and the Steer Clear® program for young drivers. The company has an A+ rating from the BBB.
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Pros Wide range of coverage options Offers discounts for many types of drivers Overall coverage is about 14% cheaper than the national average Rated 4.2 out of 5.0 overall satisfaction with car insurance in a consumer survey.
Our review team reached out to State Farm for comment on the review, but did not receive a response.
Geico is another reputable provider of cheap car insurance. Our data shows that Geico is the most affordable option in many countries, offering average prices about 24% lower than the market average.
In our survey of nearly 7,000 auto insurance buyers, about 16% of those surveyed 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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Pros offers 16 car insurance discounts 4.1 out of 5.0 points for overall satisfaction with our car insurance in customer reviews.
Our review team reached out to Geico for comment on its articles on the J.D. study. Power, but he got no answer.
No list of the best car insurance companies would be complete without USAA as it offers the lowest rates to qualified drivers. Our estimates show that USAA’s total coverage averages about $1,054 per year, which is 39% cheaper than the national average.
USAA also has high ratings for customer service and received top marks from J.D. Power 2021 USA Automotive Demand Satisfaction Study℠ with 909 out of 1000 points.
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Professionals worth fully paid auto insurance Discounts for military installations and putting vehicles on base.
Our rates reflect American Family Insurance
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