Get the cheapest full coverage auto insurance

Full coverage auto insurance covers many situations, but can cost more than double the price of the minimum coverage required. That is why it is worth shopping around.

Geico offers the cheapest full coverage insurance among the nation’s largest insurers, with an average annual rate of $ 1,268, or $ 106 per month, according to NerdWallet analysis.

But which company has the cheapest comprehensive insurance you can get will depend on a number of factors, such as your age, location, and driving record. To help you narrow down your options, NerdWallet looked at the average rates of the nation’s largest insurers, using a variety of profiles.

The cheapest full coverage insurance companies

Full coverage is not a specific type of policy, but a combination of coverage types that includes liability coverage and all perils and collision insurance. If you have a loan or a lease, your lender will likely require the latter two types of coverage.

Full coverage auto insurance can be expensive. If you’re looking for the cheapest auto insurance, period, check out our best cheap car insurance for state-imposed coverage.

Nationally, here are the average annual full coverage insurance prices of six of the seven largest auto insurance companies:

* USAA is unrated as it is only available to serving members, veterans, and their families.

On average, you can save over $ 1,000 a year or more by choosing the cheapest company available to you over the most expensive – and that only counts six of the seven. largest auto insurers in the nation. In many cases, using a small regional insurer can save you even more money.

Although it is one of the largest insurers in the country, Liberty Mutual is not included in our analysis because it does not provide pricing data. Average rates reflect a policy with third party liability, collision, full and uninsured auto coverage, and other state-required coverage, if applicable. The driver in the sample is 40 years old, has no movement violations and has good credit.

Inexpensive comprehensive insurance from small insurers

While Geico has the cheapest average full coverage rates among the nation’s largest insurers, that doesn’t mean it will have the most affordable price for everyone. You may be able to find comprehensive insurance for less if you use a local or regional company.

For example, we found that each of the smaller insurers below has cheaper annual rates, on average, than the larger insurers in our analysis. We selected these companies based on their low comprehensive coverage rates and availability in multiple states.

Here are the average annual rates and state availability for these small businesses:

  1. Enumclaw Mutual: $ 1,082

  2. Insurance center: $ 1,090.

AZ, CO, IA, IL, IN, KS, KY, MI, MN, MO, ND, WI.

AZ, ID, MT, OU, UT, WA, WY.

AZ, CO, CT, GA, ID, IL, IN, KY, MA, MD, MI, NC, NH, NM, NV, NY, OH, OK, SC, TN, TX, UT, VA, WI.

Best inexpensive comprehensive insurance

Price is probably a major factor in deciding which company to choose, but it shouldn’t be the only one.

If you want the cheapest full coverage auto insurance rates without sacrificing customer service, take a look at best auto insurance companies below, categorized by average auto insurance premium. Keep in mind that not all companies will offer policies in all states.

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* USAA is only available to service members, veterans and their families.

Cheap comprehensive insurance companies by state

Your location can have a big effect on the amount you pay for full coverage auto insurance. For example, our Analysis of 2021 average rates showed that drivers in Louisiana pay on average nearly three times as much for full insurance as drivers in Maine.

To help you find the best comprehensive, inexpensive insurance for you, we’ve listed the cheapest insurer on average in the 50 states and Washington, DC below.

Nebraska Farmers Mutual

Want to see more options? Use our full coverage insurance calculator below to see the top three cheapest full coverage auto insurance companies near you.

Comprehensive and inexpensive insurance for accidents and DUIs

Among the major insurers, Geico has the cheapest comprehensive coverage on average for accident-causing drivers, outside of the USAA. Among small businesses, MMG offers the cheapest rates on average for drivers with the same profile.

Drivers with a DUI might want to consider Progressive if they are looking for inexpensive full coverage auto insurance. At $ 1,959 per year on average, Progressive offers the cheapest rates available to non-military drivers from the nation’s largest insurers.

But remember that a small business can save you even more money, so you better shop around. For example, MMG’s average full coverage rate if you have a DUI is $ 1,398, which is about $ 560 less per year on average than Progressive.

Average annual rates for large companies

Inexpensive Small Business Auto Insurance

* USAA is only available to service members, veterans and their families.

Comprehensive and inexpensive insurance for drivers with poor credit

Many drivers don’t realize that their credit history can affect their auto insurance rates, sometimes drastically.

Insurers use credit-based insurance scores, which look at factors similar to typical credit scores to determine your likelihood of filing a claim. If you have poor credit, you will often have to pay higher insurance rates, whether it’s a minimum requirement policy or full coverage insurance. California, Hawaii, Massachusetts, Michigan, and Washington do not allow insurers to use credit to determine auto insurance rates.

However, finding comprehensive coverage inexpensively is not impossible if you have poor credit. Compare auto insurance rates to find the most affordable policy.

Drivers with poor credit who prefer a large insurer may want to consider Geico. The company offers the most affordable average fares for drivers with good driving history and low credit. Based on our analysis among small insurers, Hastings Mutual offers the cheapest comprehensive coverage for drivers with poor credit.

Average annual rates for large companies

Cheap Small Business Auto Insurance Rates

* USAA is only available to service members, veterans and their families.

Full coverage insurance quote comparison

When buying auto insurance from different carriers, it is important to compare auto insurance quote for the same coverage. Otherwise, you might think you’ve gotten a good deal, only to find that your coverage is lacking when you file a claim.

When comparing full coverage insurance quotes, be sure to:

  • Use the same deductibles and limits of liability for all quotes. This way you are comparing prices for the same coverage. And when choosing collision and full deductibles, stick to an amount you might allow for repairs after an accident.

  • Compare additional coverage details. Options like gap insuranceAccident remission and pet injury coverage vary from insurer to insurer. Be sure to check each company’s website for details and restrictions.

  • Provide the same information each time. If you are using multiple tools to get quotes, make sure the drivers, cars, address, and driving history all match.


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