If you’re looking for the cheapest car insurance company comparing the rate is one factor in which you can use to find the cheapest car insurance. However, based on our research of some of the major insurance provider, USAA, GEICO, and State Farm stand out as one of the three leading cheap auto insurance company that offers low yearly rates. But understand that searching around and comparing quotes across various car insurance companies is the best option to find the cheapest car insurance that suits your budget.
What Is the Cheapest Car Insurance?
The minimum coverage in various states is one factor used to consider the cheapest car insurance. However, based on results, Geico car insurance serves as one of the cheapest and most affordable car insurance quotes in the United State. Geico is suitable for good drivers with good driving records but doesn’t have a military affiliation.
USAA is another cheap auto insurance to look at, but the disadvantage it is only offered to people who have served in the United States Armed Forces or serving in the United States Armed Forces. It offers members the lowest annual rates and it’s rated top among its customers.
State Farm is also an excellent choice for affordable car insurance. The thing about State Farm auto insurance is that it has a less-than-perfect driving record. State Farm offers the lowest average cost of car insurance after a DUI.
Cheapest Car Insurance from the Largest Companies
There are highly reputable insurance companies that offer you the cheapest auto insurance quote or coverage. This includes the following on average annual rate and also average monthly rate:
| Company | Average annual rate | Average monthly rate |
| 1: Geico | $380 | $32 |
| 2: State Farm | $500 | $46 |
| 3: Progressive | $577 | $48 |
| 4: Farmers | $656 | $55 |
| 5: Allstate | $759 | $63 |
| USAA | $419 | $35 |
Cheap Car Insurance from Smaller Companies
Keep in mind, if you’re looking for affordable car insurance, you don’t have to look for bigger or largest insurance companies. There are also good underrated car insurance companies that offer you even cheaper car insurance rates than what Geico offers you monthly.
| Company | Average annual rate | Average monthly rate |
| 1: Secura | $287 | $24 |
| 2: MMG | $309 | $26 |
| 3: Hasting Mutual | $419 | $35 |
| 4: Mutual of Enumclaw | $469 | $39 |
| 5: Central Insurance | $491 | $41 |
The information provided above is gotten from NerdWallet, and it is based on their low rates and availability in different states.
Cheap Car Insurance by State
Most time, factors used to determine whether the company offers cheap auto insurance or not include where you live rate and also states. Find out the cheapest car insurance in Florida, Texas, California, New York, Michigan, and more.
| State | Cheapest company | Average annual rate |
| Alabama | Geico | $300 |
| Alaska | Geico | $274 |
| Arizona | Geico | $303 |
| Arkansas | Southern Farm Bureau Insurance | $285 |
| California | Geico | $395 |
| Colorado | American National | $192 |
| Connecticut | Geico | $421 |
| Delaware | Geico | $507 |
| Florida | Geico | $469 |
| Georgia | Geico | $461 |
| Hawaii | Geico | $272 |
| Idaho | American National | $131 |
| Illinois | Pekin | $217 |
| Indiana | Pekin | $189 |
| Iowa | Pekin | $160 |
| Kansas | Auto-Owners | $338 |
| Kentucky | Kentucky Farm Bureau | $367 |
| Louisiana | Geico | $461 |
| Maine | Geico | $176 |
| Maryland | Geico | $630 |
| Massachusetts | State Farm | $236 |
| Michigan | Travelers | $157 |
| Minnesota | North Star | $289 |
| Mississippi | Mississippi Farm Bureau | $338 |
| Missouri | Columbia | $245 |
| Montana | Farmers Union | $219 |
| Nebraska | Farmers Mutual of Nebraska | $211 |
| Nevada | Geico | $374 |
| New Hampshire | MMG | $209 |
| New Jersey | State Farm | $259 |
| New Mexico | Geico | $303 |
| New York | Utica National | $626 |
| North Carolina | Geico | $253 |
| North Dakota | Nodak | $182 |
| Ohio | Westfield | $282 |
| Oklahoma | Geico | $276 |
| Oregon | Oregon Mutual | $487 |
| Pennsylvania | Geico | $181 |
| Rhode Island | State Farm | $347 |
| South Carolina | American National | $219 |
| South Dakota | Farmers Mutual of Nebraska | $165 |
| Tennessee | Grange | $186 |
| Texas | Geico | $388 |
| Utah | Geico | $306 |
| Vermont | Union Mutual | $171 |
| Virginia | Geico | $305 |
| Washington | Pemco | $297 |
| Washington, D.C. | Geico | $434 |
| West Virginia | Westfield | $333 |
| Wisconsin | Pekin | $202 |
| Wyoming | Geico | $170 |