Updated: September 9, 2025
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The cheapest car insurance for minimum liability coverage is offered by GEICO with quotes averaging $43 monthly. Making it the cheapest car insurance company overall.
Travelers is the cheapest car insurance company offering full coverage nationwide, with quotes averaging $97 per month, providing the cheapest comprehensive and collision polices out of all of the auto insurance companies we analyzed.
The cheapest car insurance company for you varies significantly by your location, age, and driving history, so comparing quotes from multiple cheap insurers helps you avoid overpaying.
Why You Can Trust Moneygeek
Our cheapest car insurance rankings are based on comprehensive analysis of 2,474,515 quotes from 607 insurance companies across 3,523 ZIP codes nationwide. Our methodology has been reviewed by Mark Fitzpatrick, licensed insurance expert and industry analyst. We update our data and rankings monthly to ensure accuracy, with our most recent analysis completed in June 2025.
MoneyGeek maintains editorial independence and does not receive compensation from insurance companies for rankings or recommendations.
The cheapest car insurance companies are GEICO, which offers the cheapest minimum coverage nationwide with rates averaging $43 monthly, and Travelers, which offers the cheapest full coverage at $97 monthly.
The cheapest auto insurance company for you depends on your unique profile and coverage needs. Below, you'll find the cheapest rates broken down by policy type, age group, and driving history to help you identify which companies offer the most affordable policies for your specific situation.
Cheapest Car Insurance Category | Cheapest Car Insurance Company |
|---|---|
GEICO ($43/month) | |
Travelers ($97/month) | |
GEICO ($147/month) | |
GEICO ($75/month) | |
State Farm ($137/month) | |
State Farm ($62/month) | |
State Farm ($72/month) | |
State Farm ($51/month) | |
State Farm ($56/month) | |
State Farm ($57/month) | |
GEICO ($141/month) | |
USAA ($335/month) | |
Allstate (up to a 40% discount) |
*USAA is consistently the cheapest car insurance company for military members, veterans, and their families for most policies, but availability is limited to those who qualify for membership.
Travelers offers the cheapest full coverage car insurance nationwide at $97 monthly, making it the top choice for drivers who want comprehensive protection without breaking the bank. GEICO comes in second for cheapest car insurance company at $98 monthly.
| USAA | $70 | $835 | $524 |
| Travelers | $97 | $1,158 | $269 |
| Geico | $98 | $1,177 | $301 |
| National General | $109 | $1,313 | $200 |
| Amica | $117 | $1,406 | $102 |
| State Farm | $124 | $1,483 | $126 |
| Progressive | $128 | $1,532 | $30 |
GEICO is the cheapest car insurance company for drivers seeking minimum coverage, consistently offering lower premiums than other major national auto insurers with rates as low as $43 monthly. National General comes in second at $48 monthly, while State Farm, Progressive, and Travelers round out the top five cheapest liability auto insurers.
| USAA | $28 | $335 | $524 |
| Geico | $43 | $514 | $301 |
| National General | $48 | $580 | $200 |
| Travelers | $50 | $597 | $269 |
| State Farm | $53 | $634 | $126 |
| Amica | $57 | $683 | $102 |
| Progressive | $68 | $820 | $30 |
The cheapest car insurance companies vary by state. GEICO offers the cheapest car insurance in the majority of states, securing the top spot for affordability in 32 states with rates as low as $41 in Alaska and $42 in Alabama. Travelers is the cheapest car insurance company in several competitive markets including Arizona with premiums as affordable as $41 per month, while State Farm provides the cheapest car insurance in select states like Arkansas at $45 monthly, where having a local agent relationship gives them an edge.
Use the table below to find the cheapest car insurance company in your state:
| Alabama | Geico | $42 | $1,107 |
| Alaska | Geico | $41 | $1,040 |
| Arizona | Travelers | $41 | $993 |
| Arkansas | Geico | $39 | $1,168 |
| California | Geico | $39 | $1,091 |
| Colorado | Geico | $32 | $1,164 |
| Connecticut | Geico | $34 | $895 |
| Delaware | Travelers | $48 | $934 |
| District of Columbia | Geico | $86 | $1,823 |
| Florida | Travelers | $52 | $1,343 |
| Georgia | Geico | $40 | $1,218 |
| Hawaii | Geico | $24 | $787 |
| Idaho | State Farm | $18 | $667 |
| Illinois | Geico | $30 | $825 |
| Indiana | Geico | $33 | $773 |
| Iowa | State Farm | $20 | $1,086 |
| Kansas | Geico | $25 | $849 |
| Kentucky | Travelers | $47 | $1,132 |
| Louisiana | Geico | $54 | $1,877 |
| Maine | Travelers | $28 | $627 |
| Maryland | Geico | $51 | $1,062 |
| Massachusetts | Geico | $38 | $978 |
| Michigan | Travelers | $25 | $945 |
| Minnesota | State Farm | $33 | $1,133 |
| Mississippi | Progressive | $54 | $1,714 |
| Missouri | Geico | $38 | $1,048 |
| Montana | State Farm | $19 | $1,020 |
| Nebraska | Geico | $27 | $811 |
| Nevada | Travelers | $57 | $1,261 |
| New Hampshire | Geico | $33 | $736 |
| New Jersey | Travelers | $105 | $1,884 |
| New Mexico | State Farm | $37 | $1,331 |
| New York | Progressive | $34 | $765 |
| North Carolina | State Farm | $24 | $671 |
| North Dakota | Geico | $28 | $732 |
| Ohio | Travelers | $36 | $901 |
| Oklahoma | Progressive | $29 | $1,156 |
| Oregon | State Farm | $39 | $1,084 |
| Pennsylvania | Travelers | $30 | $837 |
| Rhode Island | State Farm | $43 | $1,053 |
| South Carolina | Geico | $58 | $1,349 |
| South Dakota | Progressive | $14 | $662 |
| Tennessee | Travelers | $38 | $936 |
| Texas | State Farm | $41 | $1,118 |
| Utah | Geico | $46 | $1,076 |
| Vermont | State Farm | $22 | $677 |
| Virginia | Travelers | $30 | $733 |
| Washington | State Farm | $38 | $1,327 |
| West Virginia | Geico | $43 | $1,103 |
| Wisconsin | Geico | $20 | $640 |
| Wyoming | Geico | $15 | $984 |
*The cheap rates shown are for a full coverage policy with 100/300/100 limits and a $1,000 deductible for collision and comprehensive coverages. You can customize your deductibles, choosing different amounts for each coverage.
Since the cheapest insurance company can vary depending on your age group, we've analyzed rates across three key demographics to help you find the most affordable coverage for your specific situation. The data below shows which insurers offer the cheapest premiums for minimum and full coverage at different ages, along with potential savings compared to more expensive auto insurance companies.
GEICO is cheapest car insurance company for most teen drivers seeking minimum coverage, with rates dropping as teens gain experience. At 17 years old, drivers pay $237 monthly, while 18-year-olds see rates fall to $205 monthly, and 19-year-olds get even better deals. However, State Farm is the cheapest for 16-year-olds at $271 monthly, making it the cheapest car insurance company for the youngest drivers just starting. Teen drivers pay higher rates for auto insurance coverage because this age group is three times more likely to get into an accident compared to older policy holders.
GEICO is the cheapest car insurance company for young adults for minimum and full coverage protection. For minimum coverage, GEICO has the cheapest rates, dropping from $132 monthly at age 20 to $75 monthly by age 25. For full coverage, GEICO maintains the cheapest rates, declining from $288 monthly at age 20 to $164 monthly by age 25, making it the cheapest car insurance company choice throughout the young adult years.
State Farm is the cheapest car insurance company for senior drivers looking for affordable insurance policies. Minimum coverage quotes start at $137 monthly. Travelers is the second cheapest company with rates averaging $144 monthly.
GEICO emerges as the clear winner for cheap full coverage rates, providing the cheapest car insurance for seniors at $124 monthly. Seniors who choose GEICO for full coverage potentially save $506 per year over pricier companies. Compare the cheapest car insurance companies' quotes for senior citizens below.
| State Farm | $137 | $1,644 | $633 |
| Travelers | $144 | $1,727 | $550 |
| Chubb | $174 | $2,086 | $191 |
| Geico | $174 | $2,092 | $185 |
| Amica | $175 | $2,098 | $179 |
State Farm offers the cheapest car insurance for high-risk drivers across all violation types, providing the cheapest car insurance premiums for drivers with at-fault accidents, averaging $62 monthly, drivers with a DUI violation usually pay rates of $72 monthly, and drivers with speeding tickets can expect premiums around $56 monthly. Use the table below to compare the cheapest car insurance companies for your specific high-risk situation.
| State Farm | $62 | $741 | $35 |
| Travelers | $70 | $835 | $28 |
| Progressive | $101 | $1,212 | $4 |
| Nationwide | $107 | $1,288 | $10 |
| Allstate | $118 | $1,419 | $21 |
GEICO is the cheapest car insurance company for drivers with bad credit, with the lowest premiums at $141 monthly. Auto-Owners takes second place for credit-challenged drivers at $155 monthly, while Travelers rounds out the top three cheapest car insurance companies at $159 monthly. Your credit score can seriously impact your car insurance rates in most states, but the good news is that some companies are more forgiving than others.
USAA stands alone as the cheapest car insurance for company military members, veterans, and their families, delivering unmatched rates that civilian companies simply can't compete with. With minimum coverage starting at just $335 annually and full coverage at $835, USAA's military-exclusive pricing creates savings of nearly $200 compared to the next cheapest company.
GEICO is the cheapest auto insurer for those who don't qualify for USAA membership with quotes as low as $514 for minimum coverage and $1,177 for full coverage.
Programs like Progressive Snapshot, State Farm Drive Safe & Save, and GEICO DriveEasy offer pathways to the cheapest car insurance rates for qualifying drivers, with discounts up to 40% making these the cheapest car insurance companies for safe drivers. Usage-based insurance monitors driving habits through smartphone apps or plug-in devices, rewarding safe drivers with discounts.Â
This coverage model works well for tech-savvy drivers, those with good driving habits and anyone willing to share driving data for potential savings. Below are some of the cheapest usage-based programs available from the cheapest national auto insurance companies:
Provider | Program | Maximum Discount | Monitoring Method |
|---|---|---|---|
Progressive | Snapshot | 30% | App or device |
State Farm | Drive Safe & Save | 30% | Mobile app |
GEICO | DriveEasy | 25% | Mobile app |
Allstate | Drivewise | 40% | Mobile app |
Farmers | Signal | 15% | Mobile app |
Finding the cheapest car insurance requires a systematic approach to ensure you get the cheapest car insurance rates while maintaining adequate protection. Follow this guide to identify the cheapest car insurance options for your specific situation
Finding cheap car insurance coverage requires a systematic approach. Follow these steps to secure the most affordable rates:
If you need the cheapest car insurance possible, minimum coverage meets state requirements at the lowest cost but provides limited financial protection. Choose this option if you drive an older car worth less than $3,000.
Get cheap full coverage car insurance policies from the most affordable providers detailed in this article for newer cars, financed vehicles or when you want comprehensive protection. These policies provide comprehensive and collision protection for vehicle damage from natural disasters and accidents.
Request quotes from at least three of the cheapest car insurance companies on the same day using identical information to get the most accurate and affordable quotes to compare. Rates vary substantially between insurers for the same driver profile.
Discounts can reduce the cheapest car insurance rates even further:
Higher deductibles result in cheaper premiums but increase out-of-pocket costs when filing a claim. The key to getting the cheapest car insurance is to find a balance between a deductible you can afford to pay if an accident occurs and how much you can afford to pay for cheap coverage.
Your car affects insurance costs. Safer vehicles with lower theft rates and moderate repair costs offer lower rates when quoted by cheap car insurance companies. Finding low-cost car insurance becomes challenging for customized and luxury vehicles, which require specialized coverage.
While knowing the cheapest car insurance companies provides a baseline, getting personalized quotes reveals your actual cheapest car insurance options based on your specific profile. The cheapest car insurance for your situation may differ from general rankings, making quotes essential for finding your cheapest car insurance rates.
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:
Sep 10, 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 |
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.
The cheapest car insurance companies offer multiple discounts you can stack. Maximizing discounts is the most effective strategy for securing the cheapest car insurance possible. Making discount optimization an easy way to get the cheapest car insurance for your situation. Ask if you qualify for the discounts detailed below when talking to cheap insurers, and you could lower the most affordable rates even more.
Many affordable insurers provide discounts to drivers who complete state or company-approved defensive driving courses, helping you save money while improving your skills behind the wheel.
Many of the cheapest car insurance companies offer additional discounts or rewards to recognize consistently safe drivers. Maintaining a clean driving record with no accidents or violations can help keep your car insurance costs low.
Buying different types of policies, such as home and auto insurance, from the same insurance company may qualify you for a bundling discount. You may also find multi-vehicle discounts when insuring multiple cars from cheap car insurance companies.
If your insurance company has a telematics program to monitor safe driving habits, it may offer a discount to participating drivers. Drivers who don't drive much may also qualify for a low-mileage discount.
Paying your premiums upfront for the entire policy term instead of in monthly installments can result in substantial savings by avoiding processing fees and financing charges.
Some affordable insurance companies offer discounts for those driving an electric or hybrid car.
The cheapest car insurance company varies by individual circumstances, but GEICO offers competitive rates across multiple driver profiles. Travelers provides excellent value for cheap full coverage, while USAA is the most affordable for military families.
Below are answers to frequently asked questions about saving money on car insurance to help you find the cheapest policy:
GEICO offers the cheapest minimum coverage car insurance quotes at $43 per month, while Travelers provides the cheapest full coverage rates at $97 per month. The cheapest car insurance company for you depends on your location, age and driving history.
No matter where you live, shopping around is the best way to find the cheapest car insurance company. GEICO is the cheapest for most states and drivers.Â
The most affordable insurer for you depends on your unique profile, so compare quotes from multiple cheap car insurance companies.
Minimum coverage policies meeting your state's requirements are typically the cheapest car insurance available. GEICO's minimum coverage rates start at $43 per month, though your actual rate depends on your location and driver profile.
Maine, Vermont and Idaho have the lowest rates due to lower population density, fewer claims and favorable regulations.
To get the cheapest car insurance, combine auto and home insurance with the same company, which provides 10% to 25% discounts. This method lowers the cost of even the cheapest car insurance policies, making bundling one of the most effective ways to reduce your rates.
To rank the cheapest car insurance companies, we analyzed insurance rates from state insurance departments and Quadrant Information Services, using driver profiles with varying ages, driving histories, credit scores and locations to identify the cheapest rates for different needs.
Quote Data Depth
MoneyGeek reviewed 2,474,515 quotes from 607 companies across 3,523 ZIP codes to find the most affordable car insurance options for various driver profiles.
Driver Profiles
To identify the cheapest rates, MoneyGeek's analysis used a standard driver profile with these characteristics:
We adjusted this profile based on location, age, credit score and driving history, including ticket, DUI or accident scenarios. Family premiums were calculated by adding a 16-year-old to a family policy.
Defining Full Coverage Quotes
Unless stated otherwise, a full coverage policy includes specific coverage limits such as:Â
Defining Minimum Coverage Quotes
Unless stated otherwise, a minimum coverage policy includes:
This excludes comprehensive and collision coverage. Note that minimum coverage differs from state minimum coverage requirements.
How We Ranked the Cheapest Insurers for Affordability
MoneyGeek's analysis evaluated providers using data from AM Best, J.D. Power, the CRASH Network report card, Quadrant Information Services and state insurance departments. Insurers were scored out of 100 using these weighted factors:
Learn more about MoneyGeek's auto insurance methodology.
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.
