Finding cheap car insurance quotes is a priority for many drivers, but the lowest price doesn’t always mean the best value. Understanding which companies consistently provide low rates can help you save money while ensuring you have the coverage you need. Below is the review of the best companies offering cheap car insurance quotes.

1. GEICO

GEICO is a great choice for those looking for affordable auto insurance, offering the lowest average rate of $41 per month for minimum coverage with liability-only policies. GEICO is the perfect option for young drivers, millennials, and those with less-than-perfect credit. This company providing rates that are more affordable than many other national providers.

For example, a 20-year-old driver can expect to pay about$81 each month for minimum coverage with GEICO, whereas drivers with poor credit can expect to pay about $58 monthly. GEICO provides budget-friendly full coverage for around $166 each month.

2. Travelers

Travelers offers the most affordable full coverage insurance with a median rate of just $146 per month. Travelers provides great rates for minimum coverage, starting at just $45 a month.
This insurance company is a great option for drivers who have experienced an accident or a DUI. It offers full coverage rates of $60 per month following an accident and $73 per month after a DUI.

3. State Farm

State Farm provides the cheap car insurance quotes options among the major insurance companies. State Farm’s average rate for minimum coverage is $45 per month, and for full coverage, it’s $46 per month for seniors.

State Farm offers great rates for drivers with a speeding ticket at just $52 per month and for those with an accident at $59 per month. State Farm is known for its reliable customer service, which makes it a great choice for drivers who are mindful of their budgets.

4. USAA

USAA is an insurance company which consistently offers great rates for military members, veterans, and their families. USAA’s minimum coverage is about $31 each month, while full coverage is roughly $122 monthly.

USAA offers some of the most affordable rates for drivers with a DUI at $60 per month and for those with an accident at $47 per month. But eligibility is just for those who have military connections.

5. West Bend

West Bend offers cheap car insurance quotes for minimum coverage, with rates beginning at only $34 per month. For young adults, West Bend offers minimum coverage beginning at $40 per month and full coverage at $160 per month. West Bend is a great option for drivers with bad credit, providing minimum coverage for just $59 a month.

6. Erie

Erie is a regional insurer known for its affordable rates and excellent service. For teens, Erie provides the most affordable minimum-coverage rate at just $119 per month. Erie offers great rates for adults and seniors, with minimum coverage starting at $44–$50 per month and full coverage available for $169 per month.

The cheap car insurance quotes are offered by a combination of national and regional providers. It’s a great idea to compare quotes and think about your coverage needs to make sure you’re getting the best value for your money.

Source:
1. https://www.nerdwallet.com/insurance/auto/cheapest-car-insurance
2. https://www.marketwatch.com/insurance-services/auto-insurance/cheap-car-insurance/