If you want to save money on vehicle insurance, comparison searching is essential. This is why: When it comes to determining prices, insurers consider comparable elements, but they have their own “secret sauce.” As a result, for the same driver, two businesses can charge vastly different rates.
Prices for auto insurance tend to rise over time, but they can also fall. You might discover that your current insurer gives the best cost for you if you shop around, or you might discover that it’s time to switch if you shop around.
An auto insurance rate is determined by several criteria, including ZIP code, marital status, annual mileage, driving history, and vehicle make, year, and model. Your gender and credit history may also be utilized to determine rates in most states.
That’s why we analyzes car insurance prices for men and women with varying driving and credit histories in every state and for every major vehicle insurance carrier every year, so you can easily compare rates and choose the best deal.
Compare car insurance rates
- Compare car insurance rates
- Compare minimum and full coverage rates for 40-year-olds
- Compare car insurance rates for drivers with a DUI
- Compare car insurance rates for drivers with poor credit
- Compare minimum and full coverage rates for drivers with an accident
- How to compare car insurance quotes
- Compare car insurance frequently asked questions
- Why do you need to compare auto insurance quotes?
- Can you get car insurance online?
- Does an auto insurance rate change depending on your gender?
- How much should you be paying for car insurance?
- Is auto insurance cheaper for homeowners?
- How do you get cheap rideshare insurance?
- Do you need to compare auto insurance rates if you move out of state?
- Compare car insurance companies
Each insurance business considers personal aspects in its own way, and their techniques are kept as secret as possible. As a result, we can’t tell you which employer places a higher value on your profession or places a greater emphasis on a clean driving record than others.
However, to assist you in getting started, we can show you average annual rates for minimum and full coverage auto insurance by state and firm, as well as quotes from many of the state’s largest insurers.
Due to a lack of publicly available information, Liberty Mutual is not included in our rates analysis, despite being one of the country’s major insurers.
Compare car insurance rates by age
When it comes to determining your vehicle insurance quote, your driving history isn’t the only consideration. Your age might have a significant impact on the amount you pay.
For example, you’re probably aware that teen drivers have some of the highest average auto insurance premiums, but they’re not the only ones. After teens and twentysomethings, drivers 75 and older had the highest vehicle insurance prices of any age group.
Based on market share data from the National Association of Insurance Commissioners (NAIC), we gathered average yearly rates from nine of the country’s ten major private passenger auto insurers.
Compare minimum and full coverage rates for 25-year-olds
Car insurance prices are often higher for drivers under the age of 25 because they are involved in more accidents on average than older drivers.
Rates differ from one firm to the next. For example, complete coverage from Geico costs $1,420 a year on average for a 25-year-old, while full coverage from Allstate costs $2,588.
Annual rates for 25-year-olds are compared below by employer and state. Rates for full and minimum coverage are averaged across the country individually.
|Company||Full coverage||Minimum coverage|
The average car insurance prices for a 25-year-old driver differ greatly by state. For complete coverage, certain states, such as Hawaii and Maine, offer average prices under $1,250 per year. In other jurisdictions, such as Louisiana and Nevada, insurance for the same driver costs more than $2,900 per year on average.
See how your state ranks on the table below.
|State||Full coverage||Minimum coverage|
Compare minimum and full coverage rates for 40-year-olds
Around the age of 40, drivers find themselves in a golden spot when it comes to car insurance. Because this age group has fewer accidents than others, they usually have cheaper insurance rates. Aside from USAA, which is only available to military, veterans, and their families, Geico offers the most affordable complete coverage for 40-year-olds, with an average price of $1,210.
The most expensive is Allstate, which charges $2,368, on average.
In the table below, you can compare national average yearly vehicle insurance premiums for 40-year-olds by company and state. It’s worth noting that not all of these businesses are available in every state.
|Company||Full coverage||Minimum coverage|
While average vehicle insurance costs vary by state, 40-year-olds in certain states, including Maine, Ohio, and Idaho, may get full coverage for less than $1,050 per year on average. In other states, similar drivers could pay less than $2,500 per year for complete coverage. Only Nevada and Louisiana have rates for 40-year-old drivers with full coverage vehicle insurance that exceed $2,500 per year.
See how your state ranks on the table below.
|State||Full coverage||Minimum coverage|
Compare car insurance rates for drivers with a DUI
Your motor insurance rate will increase after a DUI, perhaps by as much as 75 percent or more. Your insurance company, on the other hand, is something you can influence the most. Because a DUI can have a long-term impact on vehicle insurance premiums, it’s wise to search around for the best deal after receiving one.
Compare the business averages for 40-year-olds before and after a DUI in the table below. It’s worth noting that not all of these businesses are available in every state.
|Company||Drivers with a clean record||Drivers with a DUI|
While your insurance rate will rise after a DUI, the amount varies in part on where you live. In Florida, the average rate for drivers who have had a recent DUI is 40% higher than for identical drivers who have not had any issues – $981 more each year. In our analysis, a DUI in Hawaii nearly tripled typical rates, adding over $3,000 to the annual cost of full coverage car insurance for 40-year-old drivers.
See how your state stacks up in the table below.
|State||Drivers with a clean record||Drivers with a DUI|
Compare car insurance rates for drivers with poor credit
In all states except California, Hawaii, Massachusetts, and Michigan, your credit history is one of the most important factors impacting your car insurance rate. Carriers look at your credit history to see if you’re likely to file a claim.
While prices might often double, it’s crucial to remember that every business evaluates credit differently, and this element varies by state even within insurers.
When compared to similar drivers with high credit, drivers with low credit could pay an average of 38 percent more — $497 more each year.
Meanwhile, when comparing drivers with bad credit to those with good credit, State Farm’s average price for full coverage more than doubles.
|Company||Drivers with good credit||Drivers with poor credit|
Certain states ban the use of credit in rate setting, and insurers’ treatment of credit varies by state. State legislators in one state, for example, may give more leeway for credit-based pricing than in others, resulting in differences between states.
According to our findings:
- In Alaska and North Carolina, a driver with bad credit could pay up to 38% more than a driver with good credit.
- In Nevada, Idaho, Oklahoma, Oregon, and Washington, having bad credit raises the average insurance rate by roughly 60% when compared to drivers with good credit.
- In Wisconsin, the average rate for bad credit drivers was nearly 2.6 times that of good credit drivers.
Below you can compare average full coverage rates for 40-year-old drivers with poor credit by state.
|State||Drivers with good credit||Drivers with poor credit|
Compare minimum and full coverage rates for drivers with an accident
Your accident history will effect your auto insurance rate in a variety of ways depending on the company. Before you start comparing car insurance quotes, see how each insurer’s average rates for drivers who have been in an accident compare.
If you’ve been in an on-the-record accident, compare auto insurance rates one, three, and five years after the incident to ensure you’re getting the best and cheapest premium.
After an at-fault collision, the cheapest car insurance company for a driver with a clean driving record may not be the cheapest provider.
For example, while Geico normally offers the best prices for drivers with a clean driving record, our data shows that American Family offers the best average rates for drivers who have been in a recent at-fault collision, with rates only 10% more on average than our basic profile.
The table below compares average full coverage rates for 40-year-old drivers who have been involved in a recent at-fault accident by company.
|Company||Drivers with a clean record||Drivers with a recent at-fault accident|
After a crash, state legislators placed limits on how much a corporation can raise your rates. Our fictitious car collision caused $10,000 in damage.
In some states, average annual rates increased by $1,000 or more, while in others, they increased by far less. In Hawaii, for example, full coverage premiums for drivers with a recent at-fault accident cost $415 more per year on average than plans for drivers without accidents.
Meanwhile, after causing an accident in California, rates were nearly $1,475 higher than for accident-free drivers.
One thing is certain: after an at-fault accident, your premiums will almost certainly rise, so compare auto insurance rates if you have one on your record. Average full coverage rates for 40-year-old drivers with a recent at-fault accident are broken down by state below.
|State||Drivers with a clean record||Drivers with a recent at-fault accident|
How to compare car insurance quotes
First and foremost, every car insurance quotation you receive should be free, regardless of whether it comes from Geico, Farmers, or a small insurer you’ve never heard of.
Some auto insurers need a deposit to begin your policy, but a simple price estimate should always be free of charge, whether you buy car insurance online or through an agent. Here’s how to get started with price comparisons.
1. Gather your information
Have the following items on hand to compare car insurance online fast and easily:
- Personal information, such as the name, address, date of birth, occupation, driver’s license number, and marital status of anyone you want to be covered under the policy.
- Each car’s mileage, purchase date, and vehicle identifying number (VIN) are listed. Have the mileage, make, model, and year accessible if you haven’t purchased the automobile yet.
- Include all claims, violations, and tickets you’ve received in the last five years, as well as any driving classes you’ve taken.
- Anyone on the policy or in your home should know the name of their current or past insurer. Some insurers won’t cover you unless you have a history of coverage, and you’ll need to show that everyone living with you is insured elsewhere if you wish to exclude them from the policy.
2. Choose the right liability car insurance coverage levels
Auto insurance is a form of financial security, and it isn’t simply for the money you spent on your automobile. Damage and injury bills after a catastrophic accident can easily go into the hundreds of thousands of dollars.
If you are responsible for such an accident, the victims may file a lawsuit against you. Assets such as your cash and home could be seized in the worst-case situation.
Liability auto insurance shields you from the worst-case situation by putting a buffer between your assets and the amount you owe.
As a result, selecting the appropriate auto liability limits is the most crucial aspect of comparing car insurance quotes.
Liability coverage amounts, on the other hand, are usually in threes, ranging from 50/100/50 to 250/500/250 in most plans. Individual injuries, overall injuries, and property damage are examples of these limits. Insurers call them bodily injury liability, total bodily injury liability, and physical damage liability, respectively.
Liability insurance is sold in $1,000 increments, thus if you purchase a vehicle insurance coverage with limits of 100/300/100, you’ll be selecting:
- $100,000 for each person you injure in a car accident.
- For all bodily injuries you cause in a crash, you are liable for $300,000.
- $100,000 for any property damage you cause in a collision, including cars, buildings, and mailboxes and lampposts.
Make sure the highest, middle number on your liability auto insurance policy is equal to or greater than the value of your net worth.
Understand car insurance requirements in your state
In some areas, having an automobile insurance policy with personal injury protection (PIP), medical payments coverage (medpay), or uninsured/underinsured motorist coverage — or two of the three — may be needed. You don’t require PIP if you have medpay, and vice versa.
Your state’s minimum auto insurance needs should be pre-loaded into any car insurance comparison tool you use. PIP or medpay-required states are known as “no-fault” states because when injuries occur, each motorist in a collision files a claim with their own insurance carrier to cover the costs. The at-fault driver’s liability insurance kicks in after the PIP or medpay limit has been reached.
3. Decide if you need full coverage car insurance
If you cause a wreck, liability coverage doesn’t pay for your automobile or injuries, or any injuries your passengers suffer. This is why, especially if your automobile isn’t paid off yet, you might want “full coverage” car insurance. This isn’t a specific form of coverage, but it usually refers to insurance that include liability, comprehensive, and collision coverage.
In other words, when comparing insurance rates online, you can’t merely click a “full coverage” button or buy a “full coverage” auto insurance policy. You’ll need to increase your collision and comprehensive coverage to the desired levels.
|Collision insurance pays for:||Comprehensive insurance pays for:|
|Damage to your car in an accident you cause.Damage to your car if you hit an object such as a fence or pole.Damage to your car if someone else hits you. Another option in this case is to make a claim against the other driver’s liability insurance.||The value of your car if it’s stolen and not recovered, and damage from:Weather such as tornadoes or hail.Floods.Fire.Falling objects.Explosions.Crashes with an animal, such as striking a deer.Riots and civil disturbances.|
Tip for comparing auto insurance quotes: Whatever coverage you choose, make sure you compare rates for the same type and level of coverage to get the best deal.
4. Collect and compare car insurance quotes
To make sure you’re getting the best bargain, seek vehicle insurance quotes from at least two or three firms in your area.
Consider comparing estimates from both regional and national insurers, such as Allstate, Progressive, and State Farm. When searching for insurance, make sure that each quote covers the following:
- Liability and uninsured/underinsured motorist coverage are the same.
- If you’re getting collision and comprehensive coverage, you’ll have the same deductibles.
- The same drivers and automobiles.
- You are qualified for all discounts (most insurers list the discounts they offer on their websites).
Compare car insurance frequently asked questions
Why do you need to compare auto insurance quotes?
Comparing vehicle insurance quotes is the most effective way to be sure you’re receiving the best deal. Because auto insurance providers assess identical elements differently, you’ll get different estimates from each.
Once a year, we recommend that you shop about and compare auto insurance quotes – this is your best bet for getting the best deal. If you’ve just been in an at-fault accident, received a speeding ticket, or are about to relocate out of state, shop around once more.
Can you get car insurance online?
Yes, purchasing vehicle insurance online can be simpler and more convenient than purchasing from a live agent. Most major insurance providers provide online quotations and allow you to change the terms of your policy to compare pricing.
Before purchasing a policy, remember to shop about and compare rates from at least three insurers using a car insurance comparison tool.
Does an auto insurance rate change depending on your gender?
It is debatable. California, Hawaii, Massachusetts, Montana, North Carolina, Pennsylvania, and Michigan are among the states that have outlawed the practice of basing auto insurance prices on a person’s gender.
However, in some areas, women may pay more for auto insurance on average than men with similar driving records. The tendency is flipped for young adults, with young men paying more than young women.
Switching providers, on the other hand, can wipe out that price difference, so your best chance is to browse around for the best insurance quote.
How much should you be paying for car insurance?
According to 2021 prices estimate, the average cost of vehicle insurance is $1,592 per year, or roughly $133 per month. Your auto insurance rate, on the other hand, will vary depending on criteria such as your region, gender, and age.
Is auto insurance cheaper for homeowners?
Yes, a lot of the time. Most insurers give discounts to consumers who bundle their house and auto insurance, while others give a separate discount merely for being a homeowner. You might find that bundling plans makes it easier to keep track of your coverage and claims.
Drivers with a good driving record are usually the greatest candidates for combining policies. You might be better off shopping for auto and homeowners insurance from other companies if you have many traffic infractions, bad credit, or other unfavorable marks on your driving record.
Many car insurance companies offer rideshare insurance as an add-on to your existing policy for a monthly fee of roughly $15. If your current insurance does not provide this coverage, your best bet is to switch to one that does.
If rideshare insurance is not available in your state, you may need to obtain a business insurance policy to guarantee that you have the necessary coverage.
Do you need to compare auto insurance rates if you move out of state?
While it may come as a surprise, one of the most important elements influencing your vehicle insurance quote is something you wouldn’t change merely to save money on car insurance — your location.
However, it has a significant influence and should be included as part of your financial planning if you relocate. As a result, if you relocate, even within the same state, it’s a good idea to compare auto insurance quotes.
Compare car insurance companies
Compare car insurance carriers using evaluations to get the best one for you. For all of the country’s leading vehicle insurance providers, as well as many smaller, regional insurers.
We has examined policy alternatives, consumer complaint statistics, customer satisfaction ratings, financial soundness, and more.