UPDATED DECEMBER 2024

Cheapest Car Insurance Companies

COUNTRY Financial, Auto-Owners, and USAA are among the cheapest auto insurers in the U.S., but the cheapest company for you depends on your specific situation.

Key Findings

  • COUNTRY Financial has the cheapest overall rates, starting at $42/month on average.
  • USAA offers the best rates for military members and their families.
  • Rates can vary by $100+/month between companies for the same driver.

10 Cheapest Car Insurance Companies

RankCompanyAvg. RateMin CoverageFull CoverageBest For
1COUNTRY Financial$42/mo$36/mo$89/moOverall cheapest
2Auto-Owners$48/mo$41/mo$95/moMidwest drivers
3USAA$52/mo$45/mo$98/moMilitary families
4State Farm$58/mo$50/mo$112/moBundle discounts
5GEICO$62/mo$54/mo$118/moOnline shoppers
6Progressive$68/mo$58/mo$134/moHigh-risk drivers
7Allstate$75/mo$65/mo$142/moSafe driver rewards
8Nationwide$78/mo$68/mo$148/moVanishing deductible
9Farmers$82/mo$72/mo$156/moLocal agents
10Liberty Mutual$95/mo$82/mo$182/moNew car replacement

*Rates based on analysis of 90+ million quotes. Actual rates vary by location and driver profile.

How to Get Cheaper Car Insurance

Compare Multiple Quotes

Get quotes from at least 3-5 companies to find the best rate.

Bundle Policies

Combine auto and home insurance for discounts up to 25%.

Raise Your Deductible

A higher deductible means lower monthly premiums.

Ask About Discounts

Safe driver, good student, and multi-car discounts add up.

Maintain Good Credit

In most states, better credit means lower insurance rates.

Drive Less

Low-mileage discounts can save you 5-15% on premiums.

Find Your Cheapest Rate

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