Best Cheap Car Insurance Rates & Discounts for Doctors


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Updated: May 20, 2024

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Although occupation doesn’t affect a car insurance premium much, some insurance carriers offer discounts for occupational and organizational affiliations, such as being a doctor, medical professional or healthcare worker.

When comparing coverage and rates, the cheapest full coverage car insurance rate is often the best option for a doctor’s car insurance. If you’re unsure if your insurance company offers a discount, ask your agent. When comparing coverage and rates, the cheapest full coverage car insurance rate is often the best option for a doctor’s car insurance.

Rather than trying to find an insurance policy that is specifically for doctors, you are better off searching for the cheapest full coverage car insurance. Not only can you get coverage faster, but you can also potentially save even more with additional discounts like safe driving and bundling home and auto insurance. Most carriers allow stacking discounts, which can help you maximize savings when comparing quotes for car insurance for doctors and other professions.

Table of Contents
Key Takeaways

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The cheapest car insurance company is GEICO for doctors’ car insurance.

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Although doctors may get an occupational discount, finding the cheapest company offering the coverage you need is the best option.

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Healthcare workers can save on car insurance by shopping around, raising deductibles and getting rid of unnecessary coverages.

Cheapest Car Insurance Companies for Doctors

We set out to find the cheapest car insurance companies for doctors. Our sample quotes were based on a 40-year-old man with no claims history and a clean driving record. We found the cheapest doctors’ car insurance is from State Farm. Since occupation only has a minimal effect on an auto insurance premium, it’s best to find the cheapest car insurance companies offering the coverage you need rather than a company offering a car insurance discount for doctors.

Average Annual Premium for Different Providers
FarmersAverage Annual Premium$1,192
AllstateAverage Annual Premium$1,124
ProgressiveAverage Annual Premium$1,120
TravelersAverage Annual Premium$1,037
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How Doctors Can Save on Car Insurance

Doctors and other medical professionals can save on car insurance by taking advantage of available discounts — not just those available for healthcare workers. To make shopping around easier, use the MoneyGeek calculator to estimate the cost of car insurance to get an idea of what you might pay for coverage. Consider these ways to save when searching for car insurance for medical professionals.

1
Shop Around

Whether you’re searching for the cheapest rate or focused on getting the exact coverage you need, shopping around and comparing quotes from several carriers is the best way to get what you want at the best price.

2
Remove Unnecessary Coverages

Before gathering quotes, you should know how much coverage you really need, so you’re not paying more than you need to for doctors’ car insurance. For instance, if you drive an older car that isn’t worth much, you may no longer need comprehensive and collision coverage (full coverage).

3
Increase the Deductibles

Another way to save is to increase the deductible for comprehensive and/or collision coverage. Although raising your deductible can lower your premium, you’ll have to pay more out of pocket if you file a claim.

4
Ask About Discounts

Discounts that you may qualify for can help you save on car insurance. Some common auto insurance discounts you may be eligible for include bundling home/renters and auto, safe driving, multiple car and automatic payment.

Even having a car with airbags and/or anti-lock brakes may get you a discount, as can an anti-theft device or having low mileage per year.

How Much Is the Average Doctor's Car Insurance?

So, how much is insurance for doctors? Not much different than for other professions because being a doctor may only make a small difference in how much you pay for car insurance. The average cost of car insurance for a 40-year-old male with no claims, tickets, or at-fault accident is $987 based on PBI National Coverage Baseline annual average.

How Much Is Doctor’s Car Insurance Based on Credit Score

Although car insurance for healthcare workers may be cheaper with an occupation or affiliation discount, depending on what state you live in and how car insurance rates are calculated, your credit score may negate that discount. A good FICO credit score is 670-790. If you have a poor credit score (FICO score of 300-579), you could end up paying more for coverage, even with a car insurance discount for doctors on your policy.

Average Doctors Car Insurance Rates by Credit Score
GoodAnnual Premium$1,163
GoodAnnual Premium$1,301
PoorAnnual Premium$3,488
PoorAnnual Premium$3,982

How Much Is Doctor’s Car Insurance Based on Driving History?

Driving history can have a major effect on auto insurance for healthcare workers and any other professional. For instance, if you have a DUI, an at-fault accident or just a speeding ticket on your driving record, it could mean the difference between paying a cheap rate for doctors’ car insurance or a high premium.

Doctor's Car Insurance Based on Driving History
DUIAverage Annual Premium$2,055
DUIAverage Annual Premium$1,652
Speeding TicketAverage Annual Premium$1,169
DUIAverage Annual Premium$2,214
AccidentAverage Annual Premium$1,361
DUIAverage Annual Premium$1,862
DUIAverage Annual Premium$867
CleanAverage Annual Premium$1,138
AccidentAverage Annual Premium$1,316
DUIAverage Annual Premium$2,022
CleanAverage Annual Premium$1,054
CleanAverage Annual Premium$1,244
Speeding TicketAverage Annual Premium$1,385
CleanAverage Annual Premium$1,159
Speeding TicketAverage Annual Premium$1,448
Speeding TicketAverage Annual Premium$607
CleanAverage Annual Premium$1,116
DUIAverage Annual Premium$1,596
Speeding TicketAverage Annual Premium$1,420
CleanAverage Annual Premium$942
AccidentAverage Annual Premium$1,627
DUIAverage Annual Premium$1,807
Speeding TicketAverage Annual Premium$769
Speeding TicketAverage Annual Premium$1,314
AccidentAverage Annual Premium$1,541
AccidentAverage Annual Premium$1,828
DUIAverage Annual Premium$1,967
CleanAverage Annual Premium$1,048
AccidentAverage Annual Premium$1,697
DUIAverage Annual Premium$1,844
AccidentAverage Annual Premium$718
CleanAverage Annual Premium$1,031
Speeding TicketAverage Annual Premium$1,279
AccidentAverage Annual Premium$1,070
AccidentAverage Annual Premium$1,517
Speeding TicketAverage Annual Premium$1,554
CleanAverage Annual Premium$615
DUIAverage Annual Premium$1,279
CleanAverage Annual Premium$489
CleanAverage Annual Premium$920
AccidentAverage Annual Premium$1,671
CleanAverage Annual Premium$723
AccidentAverage Annual Premium$1,496
DUIAverage Annual Premium$1,094
Speeding TicketAverage Annual Premium$1,303
Speeding TicketAverage Annual Premium$898
AccidentAverage Annual Premium$915
Speeding TicketAverage Annual Premium$1,133

Do Doctors Get Car Insurance Discounts?

Yes, some companies offer a car insurance discount for doctors and other healthcare workers. These discounts are occupational discounts, like the car insurance discount for nurses. When getting auto insurance as a doctor or other medical professional, ask the insurance company about these types of discounts. If an occupational discount isn’t available for doctors, consider an organization affiliation discount, like being a member of the American Medical Association (AMA).

Frequently Asked Questions

Finding the best, cheap doctors’ car insurance doesn’t have to be hard, especially if you consider discounts. Here are answers to some common questions about auto insurance for medical professionals.

What companies have cheap car insurance for doctors?
What discounts can I use as a doctor?
Do doctors get cheaper car insurance?

About Mandy Sleight


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Mandy Sleight is a licensed property, casualty, life and health insurance agent with 20 years of experience in the industry. She has worked for major insurance companies like State Farm and Nationwide, and most recently as the Operations Coordinator for a startup employee benefits company.

Sleight holds a business administration and management degree from the University of Baltimore and a master's in business administration from Southern New Hampshire University. She uses her vast knowledge of insurance and personal finance to create easy-to-understand and engaging content to help readers make smarter choices with their budgets and finances.