Travelers offers the most affordable full coverage at $97 monthly, 29% below the national average. Below are the average rates from major U.S. insurers from MoneyGeek's 2025 analysis:
Cheapest Full Coverage Car Insurance
Updated: July 29, 2025
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Cheap Full Coverage Car Insurance: Key Takeaways
Travelers provides the cheapest full coverage car insurance, averaging $97 per month or $1,164 per year.
With monthly rates averaging $70, USAA offers the cheapest full coverage car insurance for military veterans and their families.
Along with being the cheapest provider for most drivers, Travelers offers the best full coverage car insurance, with a runner-up coverage score of 26 and an industry-best MoneyGeek score of 95 out of 100.
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 car insurance rankings. 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 June 2025.
MoneyGeek maintains editorial independence and doesn't receive compensation from insurance companies for rankings or recommendations.
Who Has the Cheapest Full Coverage Car Insurance?
| Travelers | $97 | $-39 | -29% |
| GEICO | $98 | $-38 | -28% |
| National General | $112 | $-24 | -18% |
| Amica | $115 | $-21 | -15% |
| State Farm | $121 | $-15 | -11% |
| Progressive | $125 | $-11 | -8% |
| Nationwide | $127 | $-9 | -6% |
| Kemper | $127 | $-9 | -6% |
| Chubb | $140 | $4 | 3% |
| Farmers | $152 | $16 | 12% |
*National insurance companies aren't always the cheapest option. Regional insurers like Auto-Owners offer competitive rates. It's available across 27 states and averages $1,080 yearly for comprehensive coverage.
WHAT DOES "FULL COVERAGE" ACTUALLY MEAN?
Full coverage car insurance isn't a specific type of policy. While many think it provides complete 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.
Cheapest Best Full Coverage Car Insurance Companies
Travelers and GEICO provide low prices, but the cheapest option may not always fit your needs. For affordable full coverage paired with customer satisfaction, here are MoneyGeek's top-rated full coverage car insurance providers:
| Travelers | 95 | 26 |
| GEICO | 91 | 23 |
| Amica | 90 | 25 |
| Progressive | 89 | 29 |
| National General | 86 | 23 |
| State Farm | 86 | 23 |
Travelers
Travelers delivers the ideal balance of competitive pricing, comprehensive coverage options and superior service quality, making it the best overall value for most drivers. It offers extensive customizable policies with unique add-ons like new car replacement and accident forgiveness while maintaining reasonable premiums. Travelers consistently receives high marks for financial stability and claims handling, with local agents providing personalized service and its IntelliDrive telematics program rewarding safe driving.
Best Full Coverage Car Insurance Rates for Different Drivers
Your specific full coverage car insurance rate depends on personal factors like age, driving record, credit score and location. We highlighted the cheapest average 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:
Select
Gender:Male
Select
Age Group:Adult Drivers
Select
Driving Record:Clean
Select
Credit Alignment:Good
| Travelers | $97 | $-39 | -29% |
| Amica | $115 | $-21 | -15% |
| State Farm | $121 | $-15 | -11% |
| Progressive | $125 | $-11 | -8% |
| Nationwide | $127 | $-9 | -6% |
| Chubb | $140 | $4 | 3% |
| Farmers | $152 | $16 | 12% |
| Allstate | $161 | $26 | 19% |
Cheapest Full Coverage Car Insurance by State
Your state has one of the biggest impacts on full coverage car insurance costs. For example, drivers in Louisiana pay more than three times as much for full coverage car insurance on average as Vermont drivers. Below, you can filter for the cheapest full coverage car insurance rates in each state and Washington, D.C.
Data filtered by:Results filtered by:
Select
State:Alabama
| Alabama | AIG | $68 | $-37 |
| Alabama | Cincinnati | $85 | $-21 |
| Alabama | Travelers | $87 | $-18 |
| Alabama | Auto-Owners | $88 | $-17 |
| Alabama | COUNTRY Financial | $91 | $-14 |
| Alabama | GEICO | $95 | $-10 |
| Alabama | Nationwide | $113 | $8 |
| Alabama | Safeway | $116 | $11 |
| Alabama | Progressive | $131 | $26 |
| Alabama | Allstate | $136 | $31 |
| Alabama | Farmers | $147 | $42 |
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 insurance costs due to differences in:
- State regulations and required coverage minimums
- Weather and natural disaster risks
- Traffic density and accident rates
- Vehicle theft statistics
Cheapest Full Coverage Car Insurance by Age
Age creates rate differences in full coverage costs. For example, teens and new drivers pay much more for full coverage than 40 to 50-year-olds due to inexperience and higher accident rates.
Rates drop sharply after age 25 for experienced drivers who maintain a clean driving record and may increase again after drivers reach their mid-70s.
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.
| Travelers | $232 | $-91 | -28% |
| GEICO | $241 | $-82 | -25% |
| National General | $251 | $-72 | -22% |
| State Farm | $269 | $-55 | -17% |
| Amica | $275 | $-48 | -15% |
| UAIC | $306 | $-17 | -5% |
| Nationwide | $322 | $-1 | 0% |
| Chubb | $331 | $8 | 3% |
| Kemper | $361 | $38 | 12% |
| Allstate | $363 | $40 | 12% |
Read more: Cheapest Car Insurance for Teens
Cheapest Full Coverage Car Insurance for Seniors
GEICO provides the cheapest rate for seniors at $121 per month, 27% below average. The table below shows the complete list of providers offering cheap full coverage car insurance policies for senior drivers:
| GEICO | $121 | $-46 | -27% |
| Amica | $130 | $-37 | -22% |
| Travelers | $132 | $-35 | -21% |
| State Farm | $137 | $-29 | -18% |
| National General | $138 | $-28 | -17% |
| Nationwide | $149 | $-17 | -10% |
| Kemper | $154 | $-12 | -7% |
| Chubb | $162 | $-5 | -3% |
| Progressive | $163 | $-4 | -2% |
| Farmers | $183 | $16 | 10% |
FIND THE CHEAPEST CAR INSURANCE FOR SENIOR DRIVERS
Discounts are the best way for drivers 55 and older to find the cheapest rates. Seniors may find discounts for homeowners, veterans and low-mileage drivers.
Cheapest Full Coverage Car Insurance for High-Risk Drivers
Drivers with violations face higher premiums, but substantial savings remain when comparing providers. Below are the cheapest full coverage policies for high-risk drivers by company.
Cheapest Full Coverage Car Insurance After a Speeding Ticket
Minor violations like speeding tickets affect rates for three to five years, diminishing the impact over time. Travelers maintains the lowest rates for drivers with speeding tickets at $129 per month.
| Travelers | $129 | $-40 | -24% |
| State Farm | $131 | $-38 | -23% |
| GEICO | $132 | $-37 | -22% |
| Amica | $142 | $-27 | -16% |
| National General | $153 | $-16 | -9% |
| UAIC | $156 | $-12 | -7% |
| Chubb | $165 | $-4 | -2% |
| Kemper | $166 | $-3 | -2% |
| Nationwide | $167 | $-2 | -1% |
| Progressive | $167 | $-1 | -1% |
Cheapest Full Coverage Car Insurance With an At-Fault Accident
At-fault accidents increase rates for three to five years, with the surcharge decreasing annually if no additional violations occur. Travelers offers the most affordable coverage after an at-fault accident at $137 per month.
| Travelers | $137 | $-54 | -28% |
| State Farm | $141 | $-50 | -26% |
| Amica | $144 | $-48 | -25% |
| GEICO | $153 | $-38 | -20% |
| National General | $163 | $-29 | -15% |
| Chubb | $174 | $-17 | -9% |
| Kemper | $180 | $-12 | -6% |
| Progressive | $193 | $2 | 1% |
| UAIC | $198 | $6 | 3% |
| Nationwide | $200 | $8 | 4% |
Cheapest Full Coverage Car Insurance With a Not-at-Fault Accident
Your state's regulations determine if not-at-fault accidents affect your full coverage car insurance premiums. For drivers who recently experienced a not-at-fault collision, GEICO provides the most affordable full coverage at an average of $103.
| GEICO | $103 | $-39 | -27% |
| Travelers | $107 | $-36 | -25% |
| Amica | $115 | $-27 | -19% |
| National General | $117 | $-25 | -18% |
| State Farm | $121 | $-21 | -15% |
| Nationwide | $127 | $-15 | -10% |
| Kemper | $140 | $-2 | -1% |
| Chubb | $143 | $1 | 1% |
| Progressive | $144 | $2 | 1% |
| UAIC | $152 | $10 | 7% |
Cheap Full Coverage Car Insurance With a DUI
If you've been convicted of a DUI, finding cheap full coverage car insurance can be difficult. DUI records usually stay on your driving history for three to 10 years, depending on state regulations. An SR-22 certificate may be necessary, which can increase your costs slightly, but it usually doesn't affect your base premium too much. Travelers provides the lowest rates for drivers with DUI convictions at $158 per month.
| Travelers | $158 | $-86 | -35% |
| State Farm | $159 | $-84 | -35% |
| Progressive | $161 | $-82 | -34% |
| National General | $197 | $-47 | -19% |
| Kemper | $218 | $-26 | -11% |
| UAIC | $220 | $-24 | -10% |
| GEICO | $231 | $-13 | -5% |
| Allstate | $267 | $23 | 10% |
| Nationwide | $267 | $23 | 10% |
| AIG | $271 | $27 | 11% |
Cheapest Full Coverage Car Insurance With a Texting-While-Driving Ticket
Insurance companies classify texting while driving as a major moving violation that increases premiums due to the higher crash risk. GEICO offers the most affordable full coverage for drivers with these violations at $126 monthly.
| GEICO | $126 | -46 | -27% |
| State Farm | $132 | -40 | -23% |
| Travelers | $138 | -34 | -20% |
| National General | $146 | -26 | -15% |
| UAIC | $156 | -16 | -9% |
| Kemper | $159 | -13 | -8% |
| Chubb | $166 | -6 | -3% |
| Nationwide | $167 | -6 | -3% |
| Progressive | $171 | -1 | -1% |
| Allstate | $188 | 16 | 9% |
Cheapest Full Coverage Car Insurance for Bad Credit
In states where credit scoring is permitted, drivers with poor credit pay an average of 105% more than those with excellent credit. Improving your credit score can largely reduce insurance costs over time. GEICO offers the most affordable rates for drivers with poor credit at $212 per month, 38% below average for this profile.
Data filtered by:Results filtered by:
Select
Credit Alignment:Poor
| Poor | GEICO | $212 | $-113 | -35% |
| Poor | Travelers | $224 | $-101 | -31% |
| Poor | Nationwide | $229 | $-96 | -29% |
| Poor | Progressive | $284 | $-41 | -13% |
| Poor | Allstate | $311 | $-14 | -4% |
| Poor | Farmers | $326 | $1 | 0% |
| Poor | State Farm | $590 | $265 | 82% |
HOW CREDIT SCORE AFFECTS CAR INSURANCE RATES
Your credit history influences car insurance rates, with most insurers using credit scores to evaluate claim risks. However, this practice is prohibited in California, Hawaii, Massachusetts and Michigan. In states like New York, Arizona and Nebraska, poor credit can cause insurance premiums to double.
Improving your credit can help you save on full coverage costs. Even if your credit isn't great, you can still find reasonably priced insurance by comparing 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 | $-44 | -47% |
| Travelers | $97 | $-19 | -21% |
| GEICO | $98 | $-22 | -24% |
| Amica | $117 | $-5 | -6% |
| Progressive | $128 | $6 | 6% |
| National General | $109 | $-14 | -15% |
*GEICO also offers military discounts, including emergency deployment reductions and savings for AUSA, AFBA, NLUS or Navy Federal Credit Union members.
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. Below are state comparisons for full coverage versus liability-only coverage:
| 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 to Get Cheap Full Coverage Car Insurance
Smart shopping and strategic choices can save hundreds on your full coverage policy. Follow these steps to reduce your car insurance costs:
- 1
Get quotes from multiple insurers
Get quotes from at least three to five providers, as 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. However, lower limits leave you personally liable for costs exceeding coverage, so consider 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 than luxury models. Research insurance costs before buying, as sports cars, luxury vehicles and high-theft cars cost more to insure.
- 7
Go with a smaller insurer
Regional insurers often have lower overhead costs, allowing them to pass savings to customers. However, research their financial stability and claims handling through AM Best ratings and state insurance complaints.
How Full Coverage Car Insurance Works
Full coverage isn't one specific policy — it's 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 — 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.
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. Below, 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.
Should I Get Full Coverage Car Insurance?
Nearly 60% of drivers are still paying for vehicles, and many are contractually required to carry full coverage. For this reason, having full coverage is a worthwhile investment for added financial protection for most people.
If you're financing your car, its value exceeds what you can afford to replace, or you don't have enough emergency savings for repairs, get full coverage. Consider skipping it only if your car is older or of low value, and you have sufficient savings to replace it if needed.
When Full Coverage Car Insurance Is Required
In some cases, having full coverage isn't just a choice — it's 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 their 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?
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.
Cheapest Full Coverage Car Insurance Quotes
While knowing average rates and the cheapest providers helps, you need personalized quotes to get your actual cost. Compare quotes from multiple insurance companies to find the most affordable price for your situation.
Car Insurance Calculator
MoneyGeek's car insurance calculator will give you a customized estimate of your auto insurance cost. It's free to use, requires no personal information and we won't send you any spam.
$133
High
$99
Average
$80
Low
Rates updated:
Aug 15, 2025
| Insurance Carrier | MoneyGeek ScoreMG Score | Average Monthly Payment | |
|---|---|---|---|
| 1 | 89 /of 100 | $80 | |
| 2 |  GEICO | 82 /of 100 | $80 |
| 3 |  Nationwide | 89 /of 100 | $84 |
| 4 | 84 /of 100 | $90 | |
| 5 | 78 /of 100 | $96 | |
| 6 | 74 /of 100 | $108 |
Although MoneyGeek partners with some of the companies we recommend, our content is written and reviewed by an independent team of writers, editors and licensed agents. Learn more about our editorial policies and expert editorial team.
Comparing Car Insurance Quotes Online
When shopping for car insurance, compare quotes from different providers to secure the best rate and coverage. However, price isn't the only factor to consider. To help you find the best car insurance for your needs without overpaying, keep the following points in mind:
Know Your Coverage Needs
Before shopping for car insurance, determine your coverage needs, starting with your state's legal requirements. Most states require property damage and bodily injury liability coverage; some also require uninsured/underinsured motorist coverage or personal injury protection (PIP), all with varying minimum limits. Most states require drivers with specific violations to file an SR-22, carry additional coverage or both.
Drivers may need additional coverage due to third-party requirements, such as lease agreements, loan terms or job (e.g., delivery or rideshare) obligations. Those with leased or financed vehicles are often required to carry full coverage with a $1,000 (or more) deductible, sometimes with additional gap insurance that covers the difference between your car's actual cash value and the loan balance.
HOW MUCH FULL COVERAGE CAR INSURANCE SHOULD I GET?
The right coverage amount depends on your risk tolerance, vehicle value and financial situation. To minimize out-of-pocket costs, experts recommend 100/300/100 liability limits with low deductibles. You're likely overspending if comprehensive and collision coverage costs exceed 10% of your car's value and can check your vehicle's worth using Kelley Blue Book or NADA Guides.
High-net-worth individuals should consider 250/500/250 limits for better financial protection. If your vehicle is worth more than $4,000, you're required to carry full coverage by a lender, or both, you can reduce costs by raising deductibles or lowering liability limits, though avoid increases that create major financial risk.
Get Quotes From Multiple Sources per Provider
Rates and coverage options from the same provider can change depending on how you got your estimate, so compare quotes from different sources for each provider. After you have initial estimates from three to five providers and have narrowed down your choices, look at quotes from independent agents, brokers, comparison sites and company representatives for the two to three insurers you find most appealing.
Compare Full-Coverage Add-Ons Online
Discounts (good student, military) and optional coverages (pet injury, accident forgiveness) can lower premiums or add value, but their worth varies by situation. Add-ons like rental reimbursement and roadside assistance cost extra but may duplicate AAA or credit card benefits.
High-net-worth individuals ($500,000+ assets) should consider umbrella insurance for up to $5 million liability coverage, though it's irrelevant for most drivers. Compare benefits, eligibility, restrictions and coverage limits across insurers' websites to find the best value.
GAP INSURANCE: ESSENTIAL FOR NEW VEHICLE OWNERS
Gap insurance covers the difference if your car is totaled and you owe more than it's worth. You need this coverage if you're financing a new vehicle or made a small down payment, since loan balances often exceed the car's depreciated value during the first few years of ownership.
Purchasing gap insurance through your auto insurer costs $20 to $40 annually, much cheaper than dealership pricing. Most financed and leased vehicles need this protection during the initial ownership period when depreciation is steepest.
Compare Claims and Customer Satisfaction
Some insurance providers may seem to offer great coverage at low prices, but many drivers' claims experiences and satisfaction ratings suggest otherwise.
This is why you should compare full-coverage car insurance companies using resources like the J.D. Power 2024 U.S. Auto Claims Satisfaction Study and the National Association of Insurance Commissioners (NAIC). The J.D. Power study ranks insurers based on feedback from nearly 10,000 customers about their claims experiences, ensuring you choose a dependable company when you need to file a claim.
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.
Best Full Coverage Car Insurance: Our Review Methodology
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 male
- 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 Providers for Affordability
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%
Car insurance rates presented are based on data collected two months ago.
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.