Updated: April 14, 2025
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Along with American National P&C, many companies offer under-$50 car insurance policies. PEMCO, USAA, State Farm and GEICO are some of them.
Car insurance for $50 or less per month typically includes state minimum liability coverage only, which does not cover damages to your own vehicle.
Shop around, maximize discounts, raise deductibles, consider pay-per-mile coverage and choose a liability-only policy to find cheap car insurance that's under $50.
Most major national insurance companies offer car insurance under $50 per month on average. However, these low rates are usually only for liability-only coverage policies. This policy doesn’t provide physical damage coverage for your vehicle. Based on average rates, American National P&C is the most affordable option at $20 per month.
Aside from American National P&C, there are multiple companies catering to drivers seeking cheap car insurance policies under $50. Use the table below to compare average monthly rates for liability-only car insurance from different companies.
| American National P&C | $20 |
| PEMCO | $22 |
| USAA | $24 |
| Cincinnati Insurance | $24 |
| Vermont Mutual | $24 |
| Grinnell Mutual | $25 |
| West Bend Mutual | $26 |
| Western National | $27 |
| Texas Farm Bureau | $28 |
| Auto-Owners Insurance Co | $28 |
| North Carolina Farm Bureau | $28 |
| MAPFRE | $30 |
| Westfield | $30 |
| Erie | $30 |
| Plymouth Rock Assurance | $31 |
| Alfa | $33 |
| State Farm | $34 |
| GEICO | $35 |
| Acuity | $36 |
| Country Financial | $37 |
| Amica Mutual | $38 |
| Arbella | $38 |
| Nationwide | $38 |
| American Family | $40 |
| Travelers | $42 |
| AAA | $42 |
| NJM | $42 |
| CSAA | $43 |
**NOTE: The average driver rates above are based on a 40-year-old male with a clean driving record with no traffic violations or claims. Sample pricing is for state minimum liability-only coverage.
Although USAA is among the cheapest car insurance providers, with an average rate of $24 per month, its insurance products are only available to U.S. military members, veterans, their spouses and children.
The best way to get the cheapest car insurance is to follow tips like shopping around and taking advantage of discounts. Maintaining good credit and a clean driving record can also help you get the cheapest car insurance rates available in your state.
Most insurance companies offer car insurance discounts, but the types and savings can vary by carrier. To find the best deals, ask each insurer what discounts it offers. Knowing what’s available means you can apply all the discounts you’re eligible for to maximize your savings.
Another option to save on car insurance is to increase your comprehensive and collision deductibles. Although this can decrease your premium, you’ll have to pay more out of pocket if you file a claim. Make sure you can afford the higher cost of getting your car fixed.
Driving a used car can lead to insurance savings. Not only are pre-owned vehicles cheaper to buy, but they are also usually cheaper to insure. You can save by getting state minimum liability-only coverage since the car’s actual cash value (ACV) is much less than a newer car. You also might not need comprehensive and collision coverage.
If you drive less than 8,000 miles per year, you might save with pay-per-mile car insurance. With this policy, you only pay for the miles you drive. So the less you drive, the more you can save. If you work from home or go to school online, you may save the most with pay-per-mile coverage.
Choosing a state minimum liability-only car insurance policy may offer the most savings. This policy works best for cheap cars with a low ACV. However, choosing this option could leave you underinsured if you cause an accident, meaning you could be held financially responsible if your liability coverage isn’t enough to pay for someone else’s injuries or property damage.
If you have an older car or one that’s not worth much, it might not make sense to carry full coverage. Knowing when to drop collision or comprehensive coverage can help you avoid wasting money on full coverage car insurance.
Shopping around at every renewal will ensure you get the cheapest car insurance rates. Getting several quotes to compare can help you know when it’s time to switch to another carrier. Each company has different rates. You can learn about all your options to make the best decision when regularly shopping for quotes.
The best way to find $50 car insurance is to get quotes from the cheapest car insurance companies first. You can compare these quotes to rates from the best car insurance companies to see which option is the most affordable. There are free tools available to help you, like the one featured below.
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.
Rates updated:
Apr 24, 2025
| Insurance Carrier | MoneyGeek Score | Average Monthly Payment | |
|---|---|---|---|
| 1 |  Capital Insurance Group | 94 /of 100 | $87 |
| 2 |  GEICO | 82 /of 100 | $109 |
| 3 | 83 /of 100 | $118 | |
| 4 | 83 /of 100 | $129 | |
| 5 | 79 /of 100 | $133 | |
| 6 | 77 /of 100 | $151 |
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.
In this page, we explored how to find car insurance under $50 per month, mainly through state minimum liability-only coverage. State Farm, American National P&C and PEMCO are among the cheapest providers, with rates as low as $20 monthly.
While these policies meet legal requirements, they don't cover damage to your own vehicle. To secure the lowest rate, shop around, maximize discounts and consider alternative options like pay-per-mile insurance. Regularly comparing quotes every six months ensures you're always getting the best price.
Finding car insurance for $50 or less is possible. Here are answers to some of the most common questions about $50 car insurance.
Yes, it’s possible to find car insurance under $50. It depends on your coverage choices, state requirements and the type of vehicle you drive. Your driving record, age and claims history will also factor into your rates. Most $50 car insurance policies are for liability-only, not full coverage.
Many major car insurance companies offer car insurance under $50. Smaller insurance companies may offer rates as low as $20 per month. Shopping around and comparing quotes can help you find the best coverage for the lowest price in your state.
To get your car insurance under $50, you must have a clean driving record and claims history. You should always ask about all available discounts and consider if full coverage is something you need. Be aware that buying state minimum liability-only insurance can make you underinsured and legally liable in an at-fault accident.
Why Trust MoneyGeek?
MoneyGeek conducted a study and gathered data from Quadrant Information Services and state insurance departments using various profiles and geographic locations to showcase how critical it is to compare car insurance rates when shopping for a policy — as rates for the same individual profile can differ greatly across insurance companies.
Study Overview
Comparing car insurance is critical to finding the best rates and coverage. Rates differ greatly depending on a variety of factors, including age, geographic location, vehicle type, driving records, credit history and the insurance company. To provide the most helpful information, MoneyGeek gathered quotes based on these factors to create data-backed averages to help you find and compare car insurance quotes to discover the best affordable options for you.
Data Acquisition, Depth and Analysis
MoneyGeek gathered quotes from Quadrant Information Services as well as state insurance departments and analyzed 83,056 quotes from 46 companies across 473 ZIP codes.
Driver Profiles
MoneyGeek used a sample driver profile to collect consistent average insurance rates. The average driver profile is based on the following persona:
This profile was modified by age, location and vehicle, as well as driving and credit history, to collect additional data that most accurately provided averages for different driver needs and profiles.
Coverage Levels and Deductibles Explained
Average rates on this page are for a full coverage policy with 100/300/100 liability limits and comprehensive and collision coverage with a $1,000 deductible unless otherwise noted.
A 100/300/100 policy means:
A $1,000 comprehensive and collision deductible means that you would need to pay $1,000 before your insurance provider covers a claim for damages to your car. Generally, a higher deductible means a lower policy premium.
Learn more about MoneyGeek's methodology.
About Mandy Sleight
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.
