Travelers offers the most affordable full coverage at $97 monthly, 29% below the national average. The average rates from major U.S. insurers from MoneyGeek's 2025 analysis are in the following table. Select the type of coverage limits you want to see which company provides the cheapest full coverage policy:
Cheapest Full Coverage Car Insurance
Updated: October 12, 2025
Advertising & Editorial Disclosure
Cheap Full Coverage Car Insurance: Key Takeaways
Travelers provides the cheapest full coverage car insurance nationwide, averaging $97 monthly or $1,164 annually or 29% below the national average. Read More
Travelers also has the cheapest full coverage quotes across most driver categories, offering the cheapest rates for young drivers ($232), drivers with speeding tickets ($129), at-fault accidents ($137) and DUI convictions ($158). Read More
MoneyGeek recommends comparison shopping to find the cheapest provider in your state specifically, which can save you an average of $42 a month. GEICO has the cheapest rates in 15 states with an average monthly premium of $79, but regional insurers like Auto-Owners (5 states, $80 average) and American National (3 states, $67 average) provide even better full coverage rates when available in your state. Read More
Why You Can Trust MoneyGeek
We analyzed 2,474,515 quotes from 607 insurance companies across 3,523 ZIP codes nationwide to create our cheapest full coverage car insurance quote analysis. Licensed insurance expert and industry analyst Mark Fitzpatrick has reviewed our methodology. We update our data and rankings monthly, with our most recent analysis completed in October 2025.
MoneyGeek maintains editorial independence and doesn't receive compensation from insurance companies for car insurance rankings or recommendations.
Cheapest Full Coverage Car Insurance Companies
What does 100/300/100 mean? What is a deductible?
A full coverage car insurance policy has two components: its liability limits and its comprehensive and collision coverage. Our default policy has liability limits of 100/300/100 and a $1,000 deductible associated with the comprehensive and collision coverage. Lower full coverage liability limits are cheaper.
The liability portion (100/300/100) covers damage you cause to others, providing:
- $100,000 bodily injury liability per person
- $300,000 bodily injury per accident
- $100,000 for property damage liability
The comprehensive and collision portion protects your own vehicle from damage, theft, and weather events, but requires you to pay the $1,000 deductible when your insurance covers the remaining repair or replacement costs. Increasing your liability limits or lowering your deductible will raise the cost of your full coverage policy and vice versa.
Cheapest Company | Coverage Level | Average Monthly Premium | Average Annual Premium | % Cheaper vs. National Average |
|---|---|---|---|---|
Travelers | 100/300/100 Liability w/ $1,000 Deductible | $97 | $1,164 | 29% |
Travelers | 300/500/300 Liability w/$1,500 Deductible | $110 | $1,318 | 26% |
GEICO | 50/100/50 Liability w/$500 Deductible | $95 | $1,146 | 29% |
*National insurance companies aren't always the cheapest option. Regional insurers like National General offer competitive rates. National General is available across 28 states and averages $1,344 yearly for comprehensive coverage.
WHAT DOES "FULL COVERAGE" ACTUALLY MEAN?
Full coverage car insurance isn't a specific type of policy but a coverage level. While many think it provides complete financial protection, the term isn't clearly defined and usually means having comprehensive and collision coverage. Optional features like rental car benefits and roadside assistance are often overlooked and may cost extra.
Travelers
Travelers tops our rankings for full coverage car insurance. It combines competitive pricing, solid coverage options and quality service, making it the best overall value when you want comprehensive and collision coverage.
You can customize your policy with unique add-ons like new car replacement and accident forgiveness without breaking the bank. Travelers gets high ratings for financial stability and claims handling, plus you get local agents for personal service and the IntelliDrive program that rewards safe driving.
Best Full Coverage Car Insurance Rates
Your specific full coverage car insurance rate depends on personal factors like age, driving record, credit score and location. We highlighted the cheapest average full coverage rates for different driver profiles so you can find coverage that fits your situation. Filter for different driver profiles to find rates that match your circumstances:
Data filtered by:Results filtered by:
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Gender:Male
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Age Group:Adult Drivers
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Driving Record:Clean
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Credit Alignment:Good
| Travelers | $97 | $1,164 | 29% |
| Amica | $115 | $1,381 | 15% |
| State Farm | $121 | $1,448 | 11% |
| Progressive | $125 | $1,503 | 8% |
| Nationwide | $127 | $1,526 | 6% |
Cheapest Full Coverage Car Insurance Quotes by State
GEICO is the cheapest full coverage insurer in the most states, winning 15 states with an average monthly premium of $79. But always look out for regional insurers as a cheap option: Auto-Owners stands out by offering the cheapest full coverage in 5 states with an average rate of $80, while American National leads in 3 states with particularly competitive rates averaging just $67 monthly. These regional insurers prove that smaller companies can compete effectively against national giants, often providing better value in their specific markets.
| Alabama | AIG | $68 | $817 | 35% |
| Alaska | Geico | $84 | $1,005 | 25% |
| Arizona | Travelers | $86 | $1,030 | 39% |
| Arkansas | Farm Bureau | $86 | $1,032 | 27% |
| California | Progressive | $87 | $1,040 | 34% |
| Colorado | American National | $74 | $891 | 51% |
| Connecticut | Geico | $68 | $818 | 53% |
| Delaware | Travelers | $74 | $887 | 59% |
| District of Columbia | Erie Insurance | $104 | $1,244 | 48% |
| Florida | Travelers | $103 | $1,232 | 49% |
| Georgia | Geico | $85 | $1,025 | 37% |
| Hawaii | Geico | $62 | $747 | 30% |
| Idaho | Geico | $53 | $632 | 35% |
| Illinois | Geico | $67 | $799 | 39% |
| Indiana | Hastings Insurance | $62 | $739 | 29% |
| Iowa | Travelers | $66 | $789 | 33% |
| Kansas | Geico | $71 | $853 | 40% |
| Kentucky | Travelers | $94 | $1,132 | 30% |
| Louisiana | Geico | $142 | $1,709 | 36% |
| Maine | Travelers | $54 | $644 | 31% |
| Maryland | Geico | $84 | $1,002 | 45% |
| Massachusetts | Plymouth Rock Insurance | $56 | $672 | 46% |
| Michigan | Geico | $69 | $828 | 51% |
| Minnesota | Auto Owners | $74 | $888 | 31% |
| Mississippi | Farm Bureau | $87 | $1,039 | 33% |
| Missouri | Auto Owners | $79 | $948 | 37% |
| Montana | State Farm | $74 | $891 | 41% |
| Nebraska | Farmers Mutual Ins Co of NE | $67 | $802 | 39% |
| Nevada | Travelers | $94 | $1,125 | 32% |
| New Hampshire | MMG Insurance | $60 | $718 | 28% |
| New Jersey | NJM Insurance | $101 | $1,207 | 38% |
| New Mexico | Geico | $86 | $1,037 | 28% |
| New York | NYCM Insurance | $58 | $700 | 52% |
| North Carolina | State Farm | $51 | $617 | 50% |
| North Dakota | Geico | $56 | $677 | 37% |
| Ohio | Geico | $68 | $811 | 31% |
| Oklahoma | Progressive | $88 | $1,057 | 35% |
| Oregon | Country Financial | $61 | $730 | 48% |
| Pennsylvania | Travelers | $65 | $779 | 49% |
| Rhode Island | Quincy Insurance | $76 | $906 | 43% |
| South Carolina | American National | $64 | $764 | 52% |
| South Dakota | Progressive | $52 | $621 | 50% |
| Tennessee | Auto Owners | $77 | $923 | 26% |
| Texas | State Farm | $95 | $1,135 | 40% |
| Utah | Geico | $87 | $1,041 | 33% |
| Vermont | Co-operative Insurance | $50 | $604 | 33% |
| Virginia | Travelers | $60 | $720 | 40% |
| Washington | Progressive | $89 | $1,071 | 18% |
| West Virginia | Geico | $91 | $1,093 | 25% |
| Wisconsin | Geico | $55 | $655 | 38% |
| Wyoming | American National | $56 | $678 | 30% |
Read more: Car Insurance Rates by State
HOW LOCATION IMPACTS FULL COVERAGE CAR INSURANCE COST
Your state has one of the biggest impacts on your full coverage insurance costs due to differences in:
- State regulations and required coverage minimums that increase full coverage cost
- Weather and natural disaster risks that increase comprehensive coverage rates
- Traffic density and accident rates that increase collision coverage rates
- Vehicle theft statistics that also increase comprhensive coverage cost
Cheapest Full Coverage Car Insurance by Age
Your age affects your full coverage car insurance cost. Teens and new drivers pay double the average rates for full coverage compared with 40- to 50-year-olds because of inexperience and higher accident rates. Full coverage rates drop sharply after age 25 for experienced drivers who maintain a clean driving record and may increase again for drivers older than 65.
Cheapest Full Coverage Car Insurance for Young Drivers
With average monthly rates of $232, Travelers offers the cheapest full coverage car insurance for young drivers aged 16 to 25 who carry an individual policy. Teen drivers under 18 may have additional state-specific licensing requirements and parental consent obligations that can affect coverage options and rates.
Data filtered by:Results filtered by:
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Coverage Options:100/300/100 Liability w/ $1,000 Deductible
| Travelers | $232 | $2,786 | 1091.70 | 28% |
| Geico | $241 | $2,890 | 987.73 | 25% |
| National General | $251 | $3,017 | 860.72 | 22% |
| State Farm | $269 | $3,223 | 655.08 | 17% |
| Amica | $275 | $3,302 | 576.16 | 15% |
Read more: Cheapest Car Insurance for Teens
Cheapest Full Coverage Car Insurance for Seniors
GEICO provides the cheapest full coverage rates for seniors at $121 per month, 27% below average. Amica ranks second cheapest at $130 per month; it's a regional insurance carrier with great service ratings. The table shows the complete list of providers offering cheap full coverage car insurance for senior drivers:
Data filtered by:Results filtered by:
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Coverage Options:100/300/100 Liability w/ $1,000 Deductible
| Geico | $121 | $1,452 | $547 | 0 |
| Amica | $130 | $1,556 | $442 | 0 |
| Travelers | $132 | $1,582 | $416 | 0 |
| State Farm | $137 | $1,645 | $354 | 0 |
| National General | $138 | $1,660 | $339 | 0 |
FIND THE CHEAPEST CAR INSURANCE FOR SENIOR DRIVERS
Discounts are the best way for drivers 55 and older to find the cheapest full coverage rates. Seniors will find discounts for homeowners, veterans and low-mileage drivers.
Cheapest Full Coverage Car Insurance for High-Risk Drivers
High-risk drivers pay higher premiums, but comparing providers reveals significant savings opportunities.
- Travelers offers the most affordable full coverage for drivers with at-fault accidents, at $137 per month. Your state's regulations determine if not-at-fault accidents impact premiums.
- GEICO offers the lowest rates for drivers with texting violations, at $126 monthly. Your state's regulations determine if not-at-fault accidents impact premiums.
- Travelers provides the lowest rates for drivers with DUI convictions at $158 per month. DUI records stay on your driving history for three to 10 years, depending on state regulations, and require SR-22 filing.
- GEICO offers the most affordable coverage for drivers who have experienced not-at-fault collisions at $103 per month. Speeding tickets affect rates for three to five years, with the impact lessening over time as your record improves.
Data filtered by:Results filtered by:
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Age Group:Adult Drivers
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Driving Record:DUI - BAC >= .08
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Coverage Options:100/300/100 Liability w/ $1,000 Deductible
| Travelers | $158 | $1,895 | $1,030 | 35% |
| State Farm | $159 | $1,913 | $1,012 | 35% |
| Progressive | $161 | $1,937 | $988 | 34% |
| National General | $197 | $2,366 | $559 | 19% |
| Kemper | $218 | $2,611 | $314 | 11% |
Cheapest Full Coverage for Drivers with Bad Credit
National General offers the lowest rates for drivers with bad credit and clean records at $131 per month. GEICO is the second most affordable, at $142 monthly for this profile. These rates are based on clean driving records. Adding violations like speeding tickets or at-fault accidents will increase your costs beyond these base premiums. Use the table below to estimate your costs based on your credit and driving history.
Data filtered by:Results filtered by:
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Age Group:Adult Drivers
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Credit Alignment:Below Fair
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Coverage Options:100/300/100 Liability w/ $1,000 Deductible
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Driving Record:Clean
| National General | $141 | $1,688 | $1,176 | 41% |
| UAIC | $170 | $2,044 | $819 | 29% |
| Geico | $172 | $2,064 | $800 | 28% |
| Kemper | $177 | $2,127 | $737 | 26% |
| Travelers | $190 | $2,283 | $581 | 20% |
DOES MY CREDIT SCORE AFFECT MY CAR INSURANCE RATES?
Your credit history influences car insurance rates, with most insurers using credit scores to evaluate claim risks. In states where credit scoring is allowed, drivers with poor credit pay 105% more on average than those with excellent credit. Credit-based insurance scoring is banned in California, Hawaii, Massachusetts, and Michigan.
Improving your credit helps you save on full coverage costs. Even if your credit isn't great, you can still find reasonably priced insurance by comparing car insurance quotes from different insurers.
Cheapest Full Coverage Car Insurance for Military and Veterans
USAA offers the cheapest full coverage car insurance for military drivers, veterans and their families at $70 monthly. Travelers and GEICO also provide competitive military rates.
| USAA | $70 | $835 | 47% |
| Travelers | $97 | $1,158 | 21% |
| National General | $109 | $1,313 | 15% |
| Amica | $117 | $1,406 | 6% |
*GEICO also offers military discounts, including emergency deployment reductions and savings for AUSA, AFBA, NLUS or Navy Federal Credit Union members.
Cheap Full Coverage Car Insurance: Buying Guide
Full coverage car insurance typically costs around $215 per month, which is $50 to $100 more than minimum liability coverage. Your actual premium varies based on factors like your vehicle type, driving history, location, and the coverage limits you choose.
You can save hundreds of dollars each year on full coverage by shopping strategically and maximizing discounts. Raising your deductible from $500 to $1,000 can reduce premiums by 10% to 15%, and bundling your home and auto policies can save 5% to 25%. We reviewed full coverage rates and strategies for lowering costs to find the most effective ways to reduce premiums while still offering comprehensive financial protection.
How to Get Cheap Full Coverage Car Insurance
Getting quotes from multiple insurers reveals rate variations of hundreds or thousands of dollars for identical coverage. Follow these seven simple steps to identify the lowest-cost provider and adjust your policy details for maximum savings.
- 1
Get quotes from multiple insurers
Get full coverage quotes with equal coverage from at least three to five providers, because companies use different algorithms, creating rate variations of hundreds or thousands of dollars for identical coverage. Some insurers specialize in certain driver profiles or areas, so comparing multiple options increases your chances of maximizing savings.
- 2
Maximize discounts
Discounts can substantially reduce full coverage costs. Most insurers offer savings through:
- Bundle discounts for combining home and auto policies (5% to 25% savings)
- Multi-car discounts for multiple vehicles (10% to 25% off)
- Safe driver programs rewarding clean records (large savings)
- Good student discounts for maintaining good grades (10% to 15%)
- Group membership discounts for military, professional or alumni organizations
- Low-mileage discounts for drivers under 7,500 miles annually (15% to 30% savings)
- Annual payment discounts of 5% to 10% for paying upfront
- Telematics programs monitoring and rewarding safe driving habits
- 3
Choose a higher deductible
Increasing deductibles from $500 to $1,000 can lower premiums by 10% to 15%. Choose higher deductibles only if you can afford the out-of-pocket expense when filing claims.
- 4
Lower your liability limits
Reducing liability limits to state minimums can reduce premiums, making comprehensive protection more affordable while maintaining collision and comprehensive coverage. Lower limits leave you personally liable for costs exceeding coverage, so weigh this carefully against your assets and risk tolerance.
- 5
Time your search around life changes
Shop for quotes after major life milestones like marriage, moving, adding vehicles or employment changes. These transitions may make you eligible for new discounts or risk categories that lower premiums.
- 6
Consider your vehicle's insurance costs
Older, less expensive cars cost less to insure for full coverage protection than luxury models due to repair costs. Sports cars, luxury vehicles and high-theft cars cost more to insure.
- 7
Consider a smaller insurer
Regional insurers often have lower overhead costs, allowing them to pass savings to customers. Research their financial stability and claims handling through AM Best ratings and state insurance complaints.
Average Cost of Full Coverage Car Insurance
The average annual cost of full coverage car insurance is $2,575 ($215 monthly). Costs vary based on vehicle type, driving record, age and location.
| 100/300/100 liability with $1,000 comprehensive and collision deductibles | $215 | $2,575 |
| 300/500/300 liability with $1,500 comprehensive and collision deductibles | $237 | $2,848 |
| 50/100/50 liability with $500 comprehensive and collision deductibles | $219 | $2,631 |
Read more: Average Cost of Car Insurance
Factors That Affect the Cost of Full Coverage Car Insurance
These factors determine your rate for a full coverage car insurance policy:
Vehicle model and age
Gender
Liability limits
Driving record
Driver's age and experience
Location
Credit history
Previous claims
Deductible amount
State laws
Is Full Coverage Car Insurance More Expensive?
Full coverage insurance costs 1.5 to 2.5 times more than minimum coverage, ranging from $72 in Vermont to $239 in Florida. Most drivers pay an extra $50 to $100 per month for comprehensive and collision protection. State comparisons for full coverage versus liability-only coverage are as follows:
| Alabama | $53 | $102 |
| Alaska | $43 | $103 |
| Arizona | $66 | $134 |
| Arkansas | $47 | $114 |
| California | $66 | $141 |
| Colorado | $57 | $147 |
| Connecticut | $81 | $142 |
| Delaware | $103 | $174 |
| Washington, D.C. | $90 | $167 |
| Florida | $101 | $239 |
| Georgia | $76 | $133 |
| Hawaii | $33 | $82 |
| Idaho | $35 | $77 |
| Illinois | $50 | $99 |
| Indiana | $40 | $82 |
| Iowa | $32 | $94 |
| Kansas | $44 | $113 |
| Kentucky | $74 | $130 |
| Louisiana | $98 | $231 |
| Maine | $37 | $75 |
| Maryland | $84 | $145 |
| Massachusetts | $44 | $97 |
| Michigan | $63 | $133 |
| Minnesota | $43 | $103 |
| Mississippi | $56 | $120 |
| Missouri | $60 | $121 |
| Montana | $45 | $111 |
| Nebraska | $38 | $106 |
| Nevada | $80 | $151 |
| New Hampshire | $43 | $81 |
| New Jersey | $101 | $172 |
| New Mexico | $49 | $115 |
| New York | $62 | $118 |
| North Carolina | $50 | $105 |
| North Dakota | $38 | $85 |
| Ohio | $41 | $85 |
| Oklahoma | $52 | $129 |
| Oregon | $56 | $110 |
| Pennsylvania | $48 | $117 |
| Rhode Island | $70 | $124 |
| South Carolina | $65 | $128 |
| South Dakota | $31 | $101 |
| Tennessee | $46 | $100 |
| Texas | $65 | $148 |
| Utah | $68 | $126 |
| Vermont | $29 | $72 |
| Virginia | $51 | $93 |
| Washington | $50 | $108 |
| West Virginia | $53 | $109 |
| Wisconsin | $36 | $85 |
| Wyoming | $24 | $79 |
How Full Coverage Car Insurance Works
Full coverage isn't one specific policy but rather a package of different coverages that usually includes liability coverage (required in nearly every state) with comprehensive and collision coverage, which lenders require for financed and leased cars.
FULL COVERAGE DEDUCTIBLES EXPLAINED
Comprehensive and collision coverage require deductibles, or the amount you pay out of pocket before insurance covers remaining expenses. For example, if hailstorm damage costs $3,500 and your deductible is $1,500, you pay $1,500 while insurance covers the remaining $2,000. Without full coverage, you'd pay $3,500. Note that liability coverage does not have a deductible.
What Does Full Coverage Car Insurance Cover?
While liability insurance covers damage you cause to others, it doesn't cover your own car. The addition of collision and comprehensive coverage covers this gap by covering your vehicle for damage and theft. We break down each of the three elements of a full coverage policy:
Coverage Type | What It Covers | What to Consider |
|---|---|---|
Covers costs for property damage or injuries to others if you're at fault in an accident | Doesn't cover damage to your car. State laws usually require this, but consider purchasing limits above the minimum for better financial protection. Leasing or financing may require additional coverage, like gap insurance. | |
Comprehensive | Pays for repairs to your vehicle from noncollision events like theft, vandalism, fire, weather or animal damage | Optional unless required by a lender. Ideal if you live in high-risk areas for theft or natural disasters. Not related to collisions. |
Collision | Covers repairs to your vehicle if it's damaged in a collision with another vehicle or object, or from an at-fault accident | Also optional but often required for financed cars. It includes at-fault accidents and pothole damage but excludes commercial use. |
What Does Full Coverage Car Insurance Not Cover?
Despite its name, "full coverage" doesn't include everything and doesn't mean protection in every possible situation. Understanding these limitations can help you avoid surprises when filing a claim:
- Personal belongings stolen from your car: Items like laptops, phones or other personal belongings aren't covered under auto insurance. You'll need renters or homeowners insurance to protect your property.
- Mechanical breakdowns and maintenance: Issues like engine failures, transmission problems and routine maintenance aren't covered. For older vehicles, consider an extended warranty or mechanical breakdown insurance.
- Rental car coverage during repairs: Unless you add rental reimbursement coverage, you'll pay out of pocket for a rental car while yours is being repaired.
- Custom parts and equipment: Aftermarket modifications, like expensive sound systems, custom wheels or performance upgrades, aren't covered without additional insurance.
- Medical expenses for you and your passengers: Full coverage doesn't automatically include medical payments coverage or personal injury protection. These coverages usually require separate add-ons in most states.
- Gap between your loan balance and your car's value: If you owe more on your car loan than the vehicle is worth, standard full coverage won't pay the difference. Gap insurance addresses this situation.
- Commercial use of your vehicle: Using your car for rideshare driving, delivery services or other business purposes typically voids your personal auto coverage.
Understand the limitations and exclusions of your policy. Some lenders may require extra coverage, like gap insurance, especially if you still owe money on a loan or lease.
WHEN TO DROP FULL COVERAGE CAR INSURANCE
Liability-only insurance is sufficient if costs exceed the car's value, particularly for older vehicles. Consider switching to liability-only when:
- Your car's value drops below $4,000.
- Annual premiums exceed 10% of your vehicle's worth.
- You have sufficient savings to replace your car.
- You drive infrequently or store your vehicle most of the time.
Full Coverage Car Insurance Requirements
In some cases, having full coverage is a requirement. You need to have both comprehensive and collision coverage in these situations:
Financed or leased vehicles
If you've leased or financed a vehicle, the lender or leasing company may require you to hold full coverage for the entire financing or lease duration to protect its financial interest.
Non-auto loans (as collateral)
For some secure non-auto loans, full coverage serves as collateral protection for the lender's investment throughout the lease term.
For your job
Certain companies require drivers to maintain full coverage as an employment condition or to participate in delivery or rideshare programs.
Read more: Do You Need Full Coverage on a Used Car?
Cheapest Full Coverage Auto Insurance: Bottom Line
Travelers offers full coverage car insurance for $97 per month (29% below the national average) with a MoneyGeek score of 95 out of 100. Military families should explore USAA first at $70 monthly.
Full coverage protects your finances from accidents, theft and weather damage while meeting lender requirements for financed vehicles. Reduce your premium by bundling policies, maintaining a clean driving record and reviewing coverage annually.
FAQ: Cheap Full Coverage Car Insurance
Here are answers to common questions about cheap full coverage car insurance:
Who has the cheapest full coverage car insurance?
Travelers offers the cheapest full coverage car insurance nationwide at an average of $97 monthly, appealing to budget-conscious drivers. The company has competitive rates and a strong customer service reputation. However, USAA is even cheaper at $70 monthly, but this rate is only for military families, veterans and eligible dependents.
Should I have full coverage on a paid-off car?
Keep full coverage if your car is worth more than $4,000 or if annual premiums cost less than 10% of its value. Drop it for older, low-value vehicles when you can afford repairs or replacement out of pocket. Consider your local risk factors, like theft rates and severe weather.
Can I get cheaper full coverage with a higher deductible?
Yes. Raising your deductible from $500 to $1,000 reduces annual premiums by $124. Increasing from $1,000 to $1,500 saves another $34 annually. Choose a deductible you can comfortably afford in an emergency since you'll pay this amount when filing claims.
Why is full coverage insurance expensive?
Full coverage car insurance costs more than minimum coverage because it includes comprehensive and collision protections, covering costs for damage to your vehicle from accidents, theft or natural disasters. Liability-only policies cover only damage or injury you cause to others.
How does credit score affect full coverage rates?
In most states, poor credit doubles premiums. Drivers with poor credit pay 105% more than those with excellent credit. Improving just one credit tier saves roughly 17% ($384 annually). California, Hawaii, Massachusetts and Michigan prohibit credit-based pricing.
Who has the cheapest full coverage for young drivers?
Travelers offers the cheapest full coverage for young drivers at an average of $232 per month. Young drivers typically pay the highest premiums due to limited driving experience and higher risk profiles. Because rates vary significantly by company, it’s important for young drivers to compare quotes to find the most affordable option.
Who has the cheapest full coverage for senior drivers?
Geico provides the cheapest full coverage for senior drivers at an average of $121 per month. Rates for seniors are often lower than those for younger drivers, especially for those with clean records and low annual mileage. Seniors may also qualify for discounts by completing defensive driving courses or bundling multiple policies.
What is the average cost of full coverage car insurance?
The national average cost of full coverage car insurance is around $215 per month or $2,575 per year. Rates vary by state, driver profile and vehicle type. Younger drivers and people with poor credit often pay two to three times more than the average.
What does full coverage car insurance actually include?
Full coverage typically refers to a combination of liability, collision and comprehensive insurance. Liability pays for damage or injuries you cause to others, while collision and comprehensive cover your own vehicle in accidents, theft, fire, flooding or weather events. It is not a special policy but a package of coverages.
How can I lower the cost of full coverage car insurance?
Drivers can reduce costs by raising deductibles, bundling auto with home or renters insurance, enrolling in telematics or usage-based programs, and improving their credit score in states where credit is allowed as a rating factor. Shopping for quotes at least once a year is another effective way to keep premiums competitive.
How often should I shop for full coverage car insurance?
We recommend comparing quotes every 6 to 12 months. Insurance companies regularly update their rating factors, so the cheapest provider today may not be the most affordable next year. Checking rates after major life events such as moving, buying a car or improving your credit score can also help you save.
Cheapest and Best Full Coverage Car Insurance: Methodology
Quote Data Depth and Overview
MoneyGeek analyzed 2.5 million quotes from 34 companies across 3,523 ZIP codes to determine the cheapest full coverage car insurance for drivers of various profiles and needs.
Driver Profiles
To find the cheapest full coverage car insurance, MoneyGeek created an average driver profile to collect rates from insurers. This profile includes the following characteristics:
- 25-year-old man
- Clean driving record
- 2012 Toyota Camry LE
- 12,000 miles driven annually
To collect data on rates for specific driver characteristics, we modified the average driver profile by geographic location, age, credit score and driving history to the standard driver profile.
Defining Full Coverage
Unless specifically indicated, when MoneyGeek recommends the cheapest full coverage company and respective premium on this page, we're referencing a 100/300/100 policy. This is shorthand for:
- $100,000 in bodily injury liability coverage per person
- $300,000 in bodily injury liability coverage per accident
- $100,000 in property damage liability coverage per accident
- Comprehensive and collision coverage with a $1,000 deductible
How We Ranked Best Full Coverage Car Insurance
MoneyGeek used sources such as AM Best, J.D. Power, the CRASH Network report card, quote data from Quadrant Information Services and state insurance departments to determine the best cheap car insurance providers.
To create a score for each insurer, MoneyGeek created a weighted ranking system using the following weights:
- Affordability: 40%
- Customer satisfaction: 25%
- Claims satisfaction: 20%
- Coverage offerings: 10%
- Financial stability: 5%
Full coverage car insurance rates presented are based on data collected last month and quotes are updated monthly.
Learn more about MoneyGeek's auto insurance methodology.
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About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- Insurance Information Institute. "Background On: Credit Scoring." Accessed July 30, 2025.
- Kelley Blue Book. "Actual Cash Value: How It Works for Car Insurance." Accessed July 30, 2025.