After thoroughly reviewing the largest car insurers in the nation, we found that State Farm offered the cheapest premiums for a minimum and full coverage policy. Bear in mind, the best insurer for you will depend on your overall insurance needs.
QuoteWizard analyzed and compared feedback and data from five of the biggest car insurers in the country. Our research has found the following:
- Cheapest premium rates: State Farm
- Most add-on coverages: Progressive
- Most discounts available: GEICO
- Best customer service feedback: State Farm and AAA
Cheapest car insurance premiums: State Farm
State Farm is the best choice for drivers seeking the cheapest minimum and full-coverage policy. The average rate for minimum-coverage car insurance from the company is $766 per year, while full coverage costs $1,549 per year.
A great alternative to consider contacting for a quote is Progressive, which has the second most affordable car insurance policies.
| Company | Minimum coverage | Full coverage |
|---|---|---|
| State Farm | $766 | $1,549 |
| Progressive | $1,045 | $1,981 |
| GEICO | $1,132 | $2,521 |
| Allstate | $1,322 | $2,669 |
| AAA | $1,504 | $3,321 |
| Note: Average rates are based on non-binding estimates by Quadrant Information Services. Your rates may vary. | ||
Best for coverage options: Progressive
Progressive has the widest range of options for drivers looking for multiple add-on coverages. Coupled with its affordable rates, Progressive is a great choice if you're searching for the most affordable policy but need uncommon add-on coverages.
Nearly every state requires its drivers to have some amount of car insurance. While you can opt to meet the minimum requirements to save as much money as possible, it's generally not recommended. Most states require bodily injury or property damage liability, which financially reimburses other drivers but not you. Getting into an accident with an expensive or new car and only the minimum coverage can lead to high out-of-pocket costs in an accident.
All of the insurance companies listed below offer collision, comprehensive, uninsured/underinsured motorist, medical payments, personal injury protection and car rental reimbursement policy add-ons.
| Coverage | GEICO | State Farm | Progressive | Allstate | AAA |
|---|---|---|---|---|---|
| Rideshare driver | |||||
| Emergency road service/Roadside assistance | |||||
| Custom parts equipment | |||||
| Umbrella insurance | |||||
| Gap Insurance | |||||
| Mechanical breakdown | |||||
| Deductible savings bank | |||||
| Classic and collector insurance | |||||
| New car added protection | |||||
| Accidental death benefits |
Best for discounts: GEICO
Drivers who qualify and are able to stack multiple car insurance discounts can find a great deal with GEICO. You can find discounts for being part of an alumni group, installing vehicle safety devices and having a military background or affiliation.
In terms of price, there are cheaper alternatives like State Farm and Progressive. However, if you meet the criteria for multiple discounts, you may be able to bring down your premium to a very cheap rate. Make sure you check the qualification criteria for each discount, because it often varies across companies.
GEICO
Read Full Review| Discount | GEICO | State Farm | Progressive | Allstate | AAA |
|---|---|---|---|---|---|
| Accident-free | |||||
| Defensive driver | |||||
| Seat belt/passive restraint | |||||
| Good student | |||||
| Away at school | |||||
| Affinity group | |||||
| Military | |||||
| Emergency deployment | |||||
| Policy bundle | |||||
| Air bag | |||||
| Anti-lock brakes | |||||
| Anti-theft | |||||
| Multi-car | |||||
| New car | |||||
| Paid in full | |||||
| Paperless | |||||
| Low-mileage |
Best for customer service: State Farm and AAA
State Farm and AAA receive highly positive customer feedback reports, according to the 2021 Auto Insurance Customer Feedback Survey. This survey was conducted by J.D. Power and the National Association of Insurance Commissioners (NAIC).
Most people consider cost and customer service to be essential factors in determining where they buy a car insurance policy. Should you ever be involved in an accident, you want to go through the resulting claims process as quickly and easily as possible.
| Company | J.D. Power Auto Insurance Study (higher the better) | NAIC Complaint Index (lower the better) |
|---|---|---|
| GEICO | 881 | .79 |
| AAA | 863 | .55 |
| Progressive | 862 | .90 |
| State Farm | 892 | 0.70 |
| Allstate | 870 | .63 |
| J.D. Power assesses overall customer satisfaction on a 1,000-point scale. The NAIC Complaint Index is the rate at which customers file complaints to their state regulator relative to the insurer's market share. The median Complaint Index is 1.0. |
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Side-by-side comparisons of the best auto insurers
The best auto insurance companies for you will depend on your individual driving needs and background. Premium rates are calculated based on your neighborhood, driving history, amount of coverage, among numerous other factors.
| Coverage | GEICO | Progressive |
|---|---|---|
| Minimum | $1,132 | $1,045 |
| Full | $2,483 | $1,995 |
| Accident | $3,957 | $3,075 |
| DUI | $5,673 | $2,621 |
| Speeding | $3,005 | $2,574 |
| Coverage | State Farm | GEICO |
|---|---|---|
| Minimum | $766 | $1,132 |
| Full | $1,506 | $2,483 |
| Accident | $1,840 | $3,957 |
| DUI | $2,110 | $5,673 |
| Speeding | $1,698 | $3,005 |
| Coverage | Allstate | GEICO |
|---|---|---|
| Minimum | $1,322 | $1,132 |
| Full | $2,669 | $2,483 |
| Accident | $3,970 | $3,957 |
| DUI | $4,944 | $5,673 |
| Speeding | $3,123 | $3,005 |
| Coverage | State Farm | Allstate |
|---|---|---|
| Minimum | $766 | $1,322 |
| Full | $1,506 | $2,669 |
| Accident | $1,840 | $3,970 |
| DUI | $2,110 | $4,944 |
| Speeding | $1,698 | $3,123 |
| Coverage | State Farm | AAA |
|---|---|---|
| Minimum | $766 | $1,041 |
| Full | $1,506 | $2,998 |
| Accident | $1,840 | $3,432 |
| DUI | $2,110 | $5,906 |
| Speeding | $1,698 | $3,089 |
References:
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