How to find the best cheap car insurance company in the USA, which auto insurance company and coverage is best for me?
- Why do we have to get and compare car insurance quotes?
- 2024 Best Car insurance Companies list in the USA
- 2024 Cheapest full coverage in the USA
- Best online car insurance companies in the USA
- Cheap car insurance for young drivers, under 25
- Best cheap car insurance for new drivers
- Best cheap car insurance for college students in 2024
- 2024 Best cheap car insurance for seniors and older drivers
- USA Best cheap car insurance for military
- Cheapest car insurance for Tesla
- Cheap auto insurance for teens
Why do we have to get and compare car insurance quotes?
Buying car insurance is not like buying a phone. So that the phones sold at all sellers are the same and you can select the cheapest seller. Car insurance quotes vary from person to person, from car to car, and other different parameters. On the other hand, there is active competition among auto insurers in California State. Rates and quotes can vary among insurance Companies. The differences in rates are based on companies’ income plans and the risk values they set.
That’s why you need to get quotes from several insurers before getting or renewing it. However, there are a lot of auto insurance companies or agents operating in California. It’s almost impossible to research all of them and get their quotes and rates to compare. Also, look at what is Car Insurance and Car insurance coverage Types.
So which insurance companies should we focus on and get quotes from? The quotes we receive must reflect the state of the market. In this way, we will not be satisfied with only the cheapest quotes or the best and most reliable quotes. But by researching different spectrum insurance companies, we will find better and more reliable quotes at the most affordable prices.
In the rest of the article, we will introduce the best, affordable, and reliable 10 auto insurance companies operating in California. Before buying new car insurance or renewing it, it is recommended that you compare the quotes of these insurance companies.
2024 Best Car insurance Companies list in the USA
So, how much is car insurance in the USA for your ride? You can get a free auto insurance quote online. Which companies should you get quotes from and compare in the US? Also, there are some unique car insurance laws that make insuring a vehicle here different than in other states. Therefore before continuing to review Car Insurance Terms and Minimum Coverages and Car Insurance Quotes in California.
|Company||Best For||Minimum Liability||Full Coverage|
|GEICO||Best in the USA||$857||$1,353|
|Progressive||New drivers, seniors, and Tesla||$857||$1,611|
|State Farm||Full coverage, online, Young drivers, seniors, and Tesla||$597||$1,589|
|USAA||Military, online, new drivers and seniors||$549||$1,313|
|Allstate||Online, new drivers and seniors||$701||$1,494|
|Liberty Mutual||Seniors and older drivers||$732||$1,637|
|Nationwide||Full coverage, online, Young drivers||$693||$1,554|
|Mercury||Drivers with a speeding ticket, and DUI||$621||$1,531|
|Root||Online and good drivers||$571||$1,297|
1- GEICO: 2024 Best Cheapest car insurance in USA
GEICO Group is represented by GEICO General Ins Co (Auto) GEICO Casualty Co (Auto), and GEICO Indemnity Co (Motorcycle). The company offers affordable car insurance for most consumers. GEICO Car Insurance Company is the second largest car insurance company in the United States (USA). GEICO offers insurance via its website and call centers. But they don’t offer you a dedicated agent, like State Farm or Farmers. They offer most of the standard options, such as liability, comprehensive, and collision coverage. On the other hand, Geico auto insurance provides liability coverage to vehicle owners in all 50 states of the USA.
Geico Average Rates
Geico’s average auto insurance rate for 2024 is $1,148, which is 25% lower than the national average. However, the average GEICO policyholder in the United States will pay around $1,378 per year for a full coverage policy.
GEICO car insurance cost per month is $40 per month for minimum coverage and $98 per month for full coverage on average.
Click for more info about GEICO Car Insurance Discounts Quotes, Reviews, pros and Cons
Geico is a popular company in the United States. Geico offers a wide range of coverage options and discounts for drivers. In the Best car insurance 2024 reviews, Geico received an overall rating of 4.5 out of 5 stars 1.
Geico is tied with Nationwide for the No. 4 spot in their 2024 Best Car Insurance Companies. They also offer a variety of discounts for drivers, including multi-policy discounts, safe driver discounts, and good student discounts.
However, according to ConsumerAffairs, Geico has an overall rating of 1.2 out of 5 stars based on 72 reviews. Some customers have reported issues with customer service, claims processing, and billing.
2- Progressive: Best for Young drivers, new drivers, college students, seniors, and Tesla
Progressive Insurance Company was founded in 1937 by Joseph Lewis and Jack Green. The pair started Progressive Mutual Insurance Company to bring protection to vehicle owners. In 1956, the company found a niche by insuring more risky drivers. In 1965, Peter B. Lewis, son of Joseph Lewis, and his mother borrowed $2.5 million, pledging their majority stake as collateral, and completed a leveraged buyout of Progressive.
According to Progressive’s official website, in 1995, Progressive became the first auto insurance company to offer comparison rates and the option to buy by phone. They also began offering 24/7 customer service.
Progressive Average Rates
The average cost of a full coverage policy with Progressive is around $1,611 per year or $134 per month. For a minimum liability policy, the average cost is around $687 per year or $57 per month.
But according to other Progressive car insurance reviews, Progressive car insurance costs $2,075 per year on average for full coverage insurance. And an average of $1,033 per year ($86 per month) for a minimum-coverage policy.
Progressive auto insurance has an overall rating of 4.5 out of 5 stars based on consumer experience and complaint data from the National Association of Insurance Commissioners.
Progressive offers lower-than-average annual rates for drivers with poor credit tickets or with a DUI on their record and has a good selection of discounts. However, it has the second-highest rates on average for teen drivers.
Based on 53 reviews Progressive auto insurance has an overall rating of 1.2 out of 5 stars.
3- State Farm: Best for full coverage, online, Young drivers, college students, seniors, and Tesla
State Farm was founded in June 1922 by retired farmer George J. Mecherle as a mutual automobile insurance company owned by its policyholders. The firm specialized in auto insurance for farmers and offered better rates than rival companies, which must also cover the expensive premiums of urban motorists. State Farm has grown to become one of the largest providers in the United States, offering a wide range of products including auto, life, health, and home insurance.
State Farm Average Rates
The average cost of a minimum-coverage policy for State Farm car insurance in 2024 is $87 per month or $1,040 per year. The average cost of a full-coverage policy is $104 per month or $1,250 per year. However, these rates may change depending on the specific circumstances of each driver.
State Farm is ranked #3 in the Best Car Insurance Companies of 2024 by U.S. News & World Report with a score of 4.2 out of 5. State Farm is a popular insurer with generous coverage and discounts for good driving habits. It also has fewer complaints compared to other large competitors. ConsumerAffairs has over 600 State Farm Auto Insurance reviews with an average rating of 3.8 out of 5 stars.
By State Farm, you must buy through an agent if you have more than four vehicles. Also, Premiums for State Farm auto insurance policies are reportedly higher compared to its competitors, even with discounts. State Farm has the highest average rates for drivers with poor credit among the companies they analyzed. They also have mediocre auto insurance costs for good drivers and those with an accident or DUI on their record.
On the other hand, State Farm doesn’t offer gap insurance, which could be beneficial if you’re leasing or financing a vehicle.
4- USAA: Best for military, online, new drivers, college students, seniors, teens, and minimum liability
USAA was founded in 1922 by a group of 25 Army officers who wanted to self-insure their cars. Today, USAA caters exclusively to members of the military, veterans, and their families, offering a variety of insurance and financial products.
USAA has a long history of serving the military community. They started as a small organization that has grown over time to serve millions of members. They offer a range of personal property and casualty (P&C) insurance, including automobile, homeowner, and renters’ insurance, as well as umbrella and personal property insurance. In addition to P&C insurance, USAA provides whole life, term life, and annuities.
USAA Cheap Average Rates
USAA car insurance costs $1,120 per year on average for full coverage insurance. This is over $1,000 a year less than the average national annual rate of $2,148. The average cost of a liability-only insurance policy from USAA is $31 per month ($369 per year), which is $248 less per year than the national average. However, only military members, veterans, or their families can qualify for USAA. The amount you have to pay to receive USAA coverage will depend on several factors, including age, marital status, and gender.
USAA is one of the highest-rated car insurance companies in the United States. It has an overall rating of 4.5 out of 5 stars based on customer reviews. The company also received high ratings for claims satisfaction and customer service.
USAA offers a variety of coverage options for personal and commercial vehicles, including liability coverage that meets state minimum requirements and additional coverage options. USAA also offers discounts for military members and families, safe driving, and bundling policies. But USAA only offers policies to veterans and active members of the military, plus their immediate families. Also, USAA does not offer as many discounts as some other cheap auto insurance companies.
5- Allstate: Best for online, new drivers, college students, seniors
Allstate launched on April 17, 1931, offering auto insurance by direct mail and through the Sears catalog. The first policy insured a 1930 Studebaker at $41.60 for the year. By the end of 1931, Allstate had 4,217 active car insurance policies. There were 113,427 customers at the end of that decade.
Allstate Average and Cheap Rates
The average cost of Allstate car insurance for full coverage is between $1,503 and $3,666 per year, or between $105 and $305 per month. The average cost of Allstate auto insurance for minimum coverage is $785 per year or $65 per month. However, in 2024 the average cost of Allstate car insurance is $2,630 per year for a full coverage policy and $545 per year for minimum coverage.
Allstate car insurance has a score of 4.2 out of 5 on Reviews.com based on financial strength, online resources, and coverage. According to ConsumerAffairs, Allstate has an overall satisfaction rating of 3.9 out of 5 based on 1,500+ ratings. The company has received mixed reviews from customers. Some customers praise Allstate for its excellent customer service and affordable rates, while others complain about the company’s high premiums and poor claims handling.
Allstate car insurance company has superior financial strength and offers a wide range of coverage options. However, Allstate has a higher-than-average number of customer complaints compared to other companies.
6- Liberty Mutual: Cheap for seniors and older drivers
Liberty Mutual Insurance was created in 1912 as a workers’ compensation provider in Massachusetts. It was eight more years before it offered its first auto insurance policy. Liberty Mutual offers a variety of options, such as property, auto, and life insurance.
Liberty Mutual Cheap and Average Rates
The average monthly rates of Liberty Mutual car insurance for standard drivers are $179 for basic coverage and $282 for full coverage. But if you have an accident, you must pay $205 for basic coverage and $323 for full coverage. Liberty Mutual’s monthly pricing at $179 is higher than the average annual price for car insurance with basic coverage in the USA( $1,311 annually or about $109.25 monthly)
Liberty Mutual car insurance reviews vary in their ratings and opinions. The company has a long history and financial stability, and offers many discounts and benefits, especially for young drivers. However, some customers may find its premiums high and its customer service unsatisfactory. The company has a nice variety of optional coverage features and ample discounts available. It offers both usage-based and pay-per-mile insurance programs, but its higher-than-average level of customer complaints is a concern.
Liberty Mutual auto insurance has an overall rating of 3.7 out of 5 stars based on Liberty Mutual car insurance reviews. While some customers are satisfied with the company’s services, others have reported issues with billing, claims processing, and customer service.
7- Nationwide: Best car insurance for full coverage, online, Young drivers, seniors and teens
Nationwide was founded in 1926 as a small mutual auto insurance company. Since then, it has grown into one of the largest insurance and financial services companies in the world. Nationwide was the first major insurer to launch a mobile app.
Nationwide Average Rates
Nationwide doesn’t have a set rate for auto insurance, but its average annual policy costs seem to land around $1,864. However, rates depend on your customizations and coverage needs. Other factors that affect your car insurance rates include your age, location, and driving record. For example, Nationwide can help you save an average of $646 when you bundle your home and auto policies. Also, Nationwide’s rates for senior drivers are around $300 a year below the average.
Nationwide is a reputable auto insurance company with strong ratings from industry experts and above-average customer loyalty. Nationwide offers many choices for auto insurance coverage, including usage-based and pay-per-mile options. However, it may have mixed customer reviews, slightly higher rates, and a difficult quote process depending on the location. Some features, such as accident forgiveness and vanishing deductible, may not be available in some states. But its great set of discounts and low number of complaints make it a solid choice for many consumers. Nationwide’s average annual premium falls near the middle of their range and is one of the best cheap Car Insurance Companies of 2024.
8- Mercury: Cheapest car insurance for drivers with a speeding ticket and DUI
Mercury Insurance was founded in 1962 by George Joseph in Los Angeles. The company began as an auto insurance provider and expanded to include homeowner’s insurance in 1972. However, Mercury passed $1 million in written premiums in a month in 1970. The company began expanding to other states in 1989.
Mercury Average Rates
Mercury charges approximately $175.70 per month on average for auto insurance. The cheapest state average is Illinois at $124.47 per month followed by Virginia at $124.97 per month.
Mercury’s average rates are slightly more competitive than the national average. Minimum coverage with Mercury averages $541 per year, compared to the national average of $622 per year. Similarly, Mercury’s full coverage costs $1,547 per year, on average, which is a bit less than the national average full coverage premium of $2,014 per year.
Mercury is one of Best Car Insurance Companies of 2024. Mercury’s average annual premium falls near the middle of their range. Mercury has a good reputation for customer service and claims handling. Mercury offers discounts for safe driving, multiple vehicles, and bundling home and auto insurance. While Mercury has good customer service ratings, some customers have reported issues with claims handling and billing. Mercury does not have a mobile app for managing your policy or filing claims. Finally, Mercury car insurance is only available in 11 states.
9- Root: Best Car insurance Company for online and good drivers
Root Insurance was founded in March 2015 by Alex Timm and Dan Manges. The company is based in Columbus, Ohio and began writing premiums in 2016. Root is different from other auto insurance companies because it uses telematics to track drivers’ behavior through their smartphones. This allows Root to offer personalized rates based on how well you drive.
In 2021, Root announced a partnership deal with Carvana to develop personalized auto insurance for Carvana’s car-buying platform.
Root Average Rates
Root Insurance determines your auto insurance rates based on your driving habits, credit history, and driving record. Root car insurance rates can be as low as $96 per month even with bad credit. On average, Root auto insurance is $65 per month. The average annual cost of minimum car insurance coverage is $702, while full coverage would cost around $984 per year. Root rates depend on many factors, such as how much coverage you get. On average, Root auto insurance is $65 per month, which is about $25 cheaper compared to the NAIC average.
Root Insurance has a rating of 4.5 out of 5 stars on NerdWallet. On Trustpilot, Root has a rating of 4.2 out of 5 stars. Safe drivers can potentially earn low rates because pricing is primarily based on how you drive. Root car insurance includes roadside assistance with all policies. Also, it Can manage policy and claims on mobile apps.
However, some of the cons of Root Car Insurance are: Not available in all states, No agents or brokers, and No multi-policy discounts.
10- Hugo: Best Affordable pay-as-you-go car insurance
Hugo car insurance works by letting you pay only for the days you are driving. The policy can be turned on and off via text message, and Hugo will only charge you for the used days out of a prepaid bank. You can also buy coverage for three days up to six months, depending on your plan. There is no up-front fee and no down payment. You can get proof in under 6 minutes. It works for drivers who want to save money and have flexibility.
Hugo average rates
Hugo car insurance average rates depend on various factors, such as your location, driving history, and plan choice. According to some sources, the average monthly cost for Hugo is $211 for full coverage. Compared to the national average for 18-year-olds — $297 per month for liability and $676 for full coverage — Hugo makes the biggest difference for teen drivers who need full coverage. At $496 per month, full coverage from Hugo is significantly cheaper than average.
Hugo car insurance reviews are mixed from different sources. Trustpilot ratings are generally positive, with an average rating of 4.9 out of 5 stars. Many reviews praise its fast, user-friendly, convenient, and affordable pay-as-you-go car insurance. But other Hugo car insurance reviews have lower ratings. For example, Consumers Advocate rates Hugo Insurance at 3.8 out of 5 stars. For example, some customers have also complained about poor communication, hidden fees, and coverage issues with Hugo.
11- Lemonade: Low rates based on your driving habits
Lemonade car insurance is a relatively new product from Lemonade, Inc. It is an American company that uses artificial intelligence and chatbots to process claims. Lemonade car insurance was launched in November 2021 in Illinois and we expect to roll out nationwide in 2024.
Lemonade car insurance rewards low-mileage and safe drivers with lower premiums, as well as offers special perks for drivers of electric vehicles and hybrids. The product also includes emergency crash assistance and roadside assistance for free, if the policy has comprehensive and collision coverage. You can bundle Lemonade car insurance with other types of policies sold by them, such as home, renters, or Lemonade Life Insurance and Lemonade pet insurance, to get a discount.
Lemonade car insurance is mainly sold online through its website or mobile app, which requires users to download the app and allow their location to be tracked. The app uses location-based technology to price the policy based on how much the user drives and their driving behavior. The app also enables users to manage their policies, get help from Lemonade, or file a claim.
Lemonade Car Average Rates
The average price of Lemonade car insurance is not explicitly stated on their website. However, it can start as low as $30 per month, depending on your driving behavior and other factors. Also, a policy from Lemonade costs $66 per month on average. It is 54% less expensive than average. However, these prices may vary depending on your state, car, coverage, and driving record.
Lemonade’s full coverage policy costs an average of $2,014 per year, or $168 per month, nationwide. This rate is based on a sample profile of a 40-year-old male with a clean driving record and good credit. However, this rate may not reflect the actual cost of full coverage car insurance from Lemonade or other companies.
2024 Cheapest full coverage in the USA
State Farm has the cheapest full-coverage car insurance among the country’s largest insurers, with an average annual rate of $1,431 or $119 a month. It also has the best full-coverage rates for drivers after an accident, at $125 per month.
Nationwide is the best on cheap car insurance of 2024 for full coverage. The average cost of full coverage car insurance is $133 per month. Travelers offer the cheapest full coverage at an average of $112 per month.
Best online car insurance companies in the USA
Some of the best online car insurance providers in the USA are USAA, State Farm, Geico, Nationwide, Allstate, and Root. These companies were evaluated based on their website usability, rates, coverage features, complaints, collision claims grades, customer satisfaction, financial strength, and coverage options.
Cheap car insurance for young drivers, under 25
The best car insurance companies for young drivers are Geico, Nationwide, Progressive, State Farm, Allstate, and Safeco. The best car insurance company for young drivers is State Farm, with policies costing an average of $3,081 per year. Also, the best car to insure for young drivers is the Honda CR-V.
GEICO generally has the cheapest car insurance rates for drivers under 25. However, other companies like Progressive, State Farm, Allstate, Liberty Mutual, and Safeco also offer competitive rates for young drivers. It is recommended to compare rates from multiple companies to ensure the best possible premium. The average 6-month premium for young male drivers from the top insurance companies is $845 for GEICO, $1,259 for Progressive, $1,040 for State Farm, $1,476 for Allstate, and $1,227 for Liberty Mutual.
The best cheap car insurance for new drivers depends on whether they get their own coverage or join their family’s policy. GEICO is the best cheap company for new drivers who are added to their family’s policy, while State Farm is the best option for new drivers who get their own coverage.
State Farm has the best and cheapest car insurance for new drivers who are buying their own policy. On average, new drivers cost $380 per month with State Farm, which is $1,632 cheaper per year than average for new drivers.
USAA and Geico tend to provide the cheapest rates for new drivers on average. We found that 25-year-old drivers who qualify for coverage through USAA pay an average of $1,292 per year or $108 per month for a full-coverage car insurance policy.
Other companies like Travelers Insurance, Allstate, The General, Progressive, and Safeco also offer a wide range of coverage options and discounts for drivers under 25.
Best cheap car insurance for college students in 2024
the best car insurance for college students is Geico. They offer the best rates for college students on average and have a wide range of discounts available.
State Farm is also a good option for college students. They offer discounts for good grades and have a program called Steer Clear that can help you save money on your car insurance.
Other companies like Allstate, Progressive, and USAA also offer discounts and special programs for college students.
2024 Best cheap car insurance for seniors and older drivers
Car insurance rates for seniors tend to increase once they turn 65, as insurance companies consider them slightly riskier to insure than middle-aged drivers. However, there are ways for seniors to save money on their car insurance, such as enrolling in a defensive driving course, bundling policies, maintaining a clean driving record, and joining an affinity group like AARP.
The average cost for a 60-year-old driver with good credit and a clean driving history is $1,431 per year for full coverage. That drops to $511 per year for minimum coverage. However, the cost of auto insurance can vary depending on factors like age, location, driving record, credit score, vehicle type and usage.
The best car insurance for seniors depends on factors like affordability, customer service, and financial stability. There are many auto insurance providers that offer affordable rates, customizable coverage, and generous discounts for seniors and older drivers. Some of the best options are State Farm, Hartford/AARP, Geico, Allstate, USAA, Esurance, Nationwide, Progressive, and Liberty Mutual.
USA Best cheap car insurance for military
Car insurance for military members is a specialized type of insurance that is designed to meet the unique needs of military personnel. Many companies offer special discounts and benefits to military members and their families.
The best and cheapest car insurance for military members is from USAA. USAA is the cheapest car insurance company for those in the military, veterans, and their families. It offers cheap auto insurance for good drivers, drivers with a DUI, and those who have caused an accident. However, GEICO has the biggest military discounts, up to 15% of the total premium for eligible military members. State Farm is the best cheap runner-up, offering the second cheapest option before discounts.
Cheapest car insurance for Tesla
The cheapest car insurance companies for a Tesla vary depending on the model and the insurance company. Progressive is the most affordable company to insure the Model Y, S, and X, while State Farm offers the lowest premiums for the Model 3. GEICO currently offers the cheapest rates for the Tesla Model 3, while Progressive has the cheapest rates for the Tesla Model X. USAA offers the cheapest car insurance for a Tesla Model 3, but if you are not eligible for USAA, Nationwide and Travelers are the next cheapest choices.
The cost of auto insurance for a Tesla varies depending on the model, location, driving record, coverage level, and insurer. According to Insuraviz, the average annual cost ranges from $1,602 for the Model 3 to $5,119 for the Model X as of October 2021.
Tesla also offers its own car insurance that uses the car’s features to track driving behavior and offers cheaper rates to the safest drivers if available in the area. You can sign up through the Tesla app or contact them directly.
In addition, InsureMyTesla offers three plans for fully comprehensive motor vehicle insurance with options including coverage of your battery, Mobile Connector, and Wall Connector. You can receive a tailor-made quote and insure your Tesla vehicle from the comfort of your home
Finding cheap car insurance for teens can be challenging. However, there are some insurance companies that offer affordable rates for young drivers. Some of the best cheap car insurance companies for teens are USAA, American Family, Nationwide, Progressive, and Geico. These companies offer competitive rates and discounts for good grades, driver training courses, and safe driving habits. Progressive offers a variety of discounts for teens including good student discounts. Your young driver can earn about a 10% discount in most states for good grades
The average cost for teenagers is higher than for other age groups. The cost varies depending on factors such as location, driving record, and coverage level. Here are some average annual rates for full coverage and minimum coverage by age group:
16-year-olds: $6,613 for full coverage; $2,733 for minimum coverage.
17-year-olds: $5,373 for full coverage; $2,206 for minimum coverage.
18-year-olds: $4,837 for full coverage; $1,938 for minimum coverage.