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The cheapest car insurance rates, companies and quotes in 2022

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Whether you are a recent graduate or retired, it is likely that you are looking for ways to save on car insurance. Luckily, there are a few simple ways to keep more money in your pocket. In general, the cheapest car insurance rates are available to drivers who have a clean driving record, a good credit score and who drive fewer miles per year. The cheapest companies vary from state to state, but they typically include USAA, Geico and State Farm.


The Cheapest Car Insurance rates in 2022 

Cheapest car insurance rates


According to our analysis of national average estimates, the cheapest car insurance for good drivers is $28 per month. We highlight the cheapest car insurance companies, rates, and quotes in the sections that follow. They are divided into a number of key factors that influence car insurance costs.


 Cheapest Car Insurance Companies and quotes 

 The cheapest car insurance companies are USAA, Erie Insurance, State Farm, Geico, and Progressive. The cost rating scores and monthly average rates of both minimum liability coverage and full coverage policies are highlighted below. You will also find our recommendations for the best driver for each company.



Cheap Car Insurance Company Cost Ratings Score Cheapest Minimum-Liability Insurance Cheapest Full-Coverage Insurance Cheapest Coverage for
1. USAA 9.8 $28 $97 Military families
2. Erie Insurance 9.7 $38 $111 Basic coverage
3. Geico 9.2 $39 $113 Most drivers
4. State Farm 9.2 $45 $125 Students
5. Progressive 8.7 $57 $148 High-risk drivers




Cheapest Car Insurance in USA in 2022


We highlight national and state car insurance rates for minimal liability and full coverage auto insurance in the table below. Our estimated analysis for a 35-year-old married driver with a good credit rating and a clean driving record yielded the average national cost by company.



Car Insurance Quotes in 2022

A minimum-liability policy costs $28 per month ($333 per year) and a full coverage policy costs $97 per month ($1,168 per year). USAA provides both of these options, which are only available to military members and their families.

The most affordable car insurance rates are $29 per month ($349 per year) for minimum liability coverage, which is provided by Auto-Owners Insurance. Erie Insurance has the most affordable full coverage rates available, starting at $111 per month ($1,337 per year).

Finally, for a Geico minimum liability policy, the cheapest car insurance rates offered by the largest major national providers are $39 per month ($468 per year). Nationwide is the cheapest major national provider for full coverage car insurance, with rates starting at $108 per month ($1,297 per year).


Cheapest Car Insurance Policy


Most states require minimum liability insurance as the cheapest type of car insurance and the lowest level of coverage. Furthermore, most auto insurance quotes include full coverage quotes for those who require a higher level of protection.

The cheapest car insurance rates for both coverage types are highlighted below for the entire country. Each is broken down by company's average annual and monthly cost estimates.


How Can I Get the Cheapest Car Insurance? 


USAA, Auto-Owners, Erie, Geico, and State Farm have the lowest minimum liability car insurance rates. The following table contains a comprehensive list of companies that provide the cheapest state minimum liability coverage:

Car Insurance CompanyMonthly Cost EstimateAnnual Cost Estimate
USAA$28$333
Auto-Owners$29$349
Erie$38$459
Geico$39$468
State Farm$45$543
Nationwide$51$613
Progressive$57$687


Cheapest Comprehensive Car Insurance rates in 2022

USAA, Erie, and Nationwide have the lowest car insurance rates for a comprehensive insurance policy. Those looking for low-cost full-coverage auto insurance should look into the following companies:

Car Insurance CompanyAverage Monthly Cost EstimateAverage Annual Cost Estimate
USAA$97$1,168
Nationwide$108$1,297
Erie Insurance$111$1,337
Geico$113$1,360
Auto-Owners Insurance$124$1,490
State Farm$125$1,497
Travelers$131$1,574
Progressive$148$1,773
Allstate$193$2,312
Farmers$193$2,317

States with the cheapest Car Insurance quotes

Depending on where you live, the cheapest car insurance rates can be significantly lower or higher than the previously discussed national averages. The cheapest provider in each state varies significantly as well.

We highlight the providers offering the cheapest car insurance rates in each state for minimum liability and full coverage auto insurance in the sections below.


the cheapest car insurance companies rates in each state in 2022

The table below shows the cheapest minimum liability insurance in each of the 50 states. Each row includes the cheapest company as well as estimated annual costs for the lowest rate in each state:


StateCheapest Car Insurance Company*Cheapest Minimum Liability Rate (Annual Estimate)
AlabamaGeico$360
AlaskaAllstate$291
ArizonaAuto-Owners$359
ArkansasSouthern Farm Bureau$307
CaliforniaGeico$398
ColoradoSouthern Farm Bureau$245
ConnecticutGeico$489
DelawareState Farm$599
District of ColumbiaChubb Limited$359
FloridaGeico$586
GeorgiaAuto-Owners$381
HawaiiGeico$340
IdahoAuto-Owners$181
IllinoisCountry Financial$328
IndianaAuto-Owners$318
IowaState Farm$198
KansasNationwide$324
KentuckyState Farm$381
LouisianaSouthern Farm Bureau$502
MaineAuto-Owners$215
MarylandGeico$468
MassachusettsThe Hanover$434
MichiganAuto-Owners$649
MinnesotaAuto-Owners$353
MississippiNational General$244
MissouriMissouri Farm Bureau$385
MontanaProgressive$215
NebraskaAuto-Owners$216
NevadaState Farm$614
New HampshireAuto-Owners$211
New JerseyGeico$565
New MexicoCentral Mutual Insurance$275
New YorkProgressive$766
North CarolinaNationwide$321
North DakotaNorth Star$267
OhioAuto-Owners$266
OklahomaAmerican Farmers & Ranchers$329
OregonState Farm$503
PennsylvaniaTravelers$338
Rhode IslandTravelers$561
South CarolinaAmerican National$241
South DakotaFarmers Mutual of Nebraska$171
TennesseeTennessee Farm Bureau$318
TexasTexas Farm Bureau$348
UtahGeico$471
VermontUnion Mutual$200
VirginiaAllstate$414
WashingtonPemco Mutual$271
West VirginiaErie Insurance$293
WisconsinErie Insurance$292
WyomingGeico$188

Although USAA had the lowest rates in many states, because coverage is only available to military members and their families, its cost data is not included in this table.


States with the cheapest full coverage car insurance rates

The cheapest full coverage auto insurance rates in each state are listed below. Each row includes the cheapest company as well as estimated annual costs for the lowest rate in each state:

StateCheapest Car Insurance Company*Cheapest Full Coverage Rate (Annual Estimate)
AlabamaNationwide$1,108
AlaskaGeico$1,084
ArizonaGeico$1,071
ArkansasState Farm$1,223
CaliforniaProgressive$1,460
ColoradoGeico$1,119
ConnecticutGeico$891
DelawareState Farm$1,265
District of ColumbiaGeico$939
FloridaGeico$1,937
GeorgiaGeico$1,238
HawaiiAllstate$1,404
IdahoState Farm$679
IllinoisCountry Financial$994
IndianaGeico$806
IowaState Farm$843
KansasNationwide$961
KentuckyGeico$1,127
LouisianaSouthern Farm Bureau$1,960
MaineAuto-Owners$557
MarylandGeico$1,100
MassachusettsProgressive$1,922
MichiganProgressive$1,530
MinnesotaState Farm$1,228
MississippiNational General$910
MissouriState Farm$1,339
MontanaProgressive$998
NebraskaFarmers Mutual Ins Co of NE$1,261
NevadaGeico$1,243
New HampshireState Farm$851
New JerseyGeico$1,359
New MexicoGeico$973
New YorkProgressive$1,300
North CarolinaNationwide$968
North DakotaState Farm$1,109
OhioGrange Mutual$738
OklahomaState Farm$1,251
OregonState Farm$1,000
PennsylvaniaNationwide$1,107
Rhode IslandGeico$1,429
South CarolinaAmerican National$678
South DakotaAmerican Family$1,288
TennesseeState Farm$1,042
TexasTexas Farm Bureau$1,013
UtahGeico$978
VermontState Farm$757
VirginiaErie Insurance$941
WashingtonPemco Mutual$1,193
West VirginiaNationwide$1,031
WisconsinGeico$738
WyomingAmerican National$877

Although USAA had the lowest rates in many states, because coverage is only available to military members and their families, its cost data is not included in this table.



Cheapest Auto Insurance Quotes


While the information we've provided about insurance providers should help you find the best costs available, you won't know for sure until you start getting online quotes. In addition to location and coverage degree, auto insurance companies consider additional personalized factors when determining how much you should pay for a policy.

We break down the cheapest car insurance quotes for drivers who fall into several categories that are important when determining car insurance rates, such as age, driving history, and credit score, in the sections below.


1. Car Insurance Rates by Age


Car insurance rates are heavily influenced by age. We highlight the cheapest car insurance rates for young drivers and seniors who are over the age of 65 in the sections below.


Cheapest Car Insurance for Youth

We've highlighted the cheapest car insurance rates for young drivers below, broken down by age cohort.

Car Insurance for 16-Year-Olds at the cheapest Price

Individual full coverage policies for sixteen-year-olds cost an average of $6,912 per year. Erie, Auto-Owners, and State Farm, on the other hand, provide the cheapest full coverage car insurance for 16-year-olds:

Car Insurance CompanyAnnual Rate EstimateMonthly Rate Estimate
Erie$3,410$284
Auto-Owners$3,533$294
State Farm$4,146$346
Geico$4,466$372
Nationwide$4,567$381


Car Insurance for 18-Year-Olds at the Cheapest Price


According to our estimates, 18-year-olds pay an average of $4,958 per year for insurance. For a full coverage policy, Erie, USAA, Auto-Owners, and Geico have the lowest rates for 18-year-olds:
Car Insurance CompanyAnnual Rate EstimateMonthly Rate Estimate
Erie$2,888$241
USAA$2,897$241
Auto-Owners$2,923$244
Geico$3,161$263
State Farm$3,340$278


Car Insurance for 21-Year-Olds at the cheapest Price


Full coverage car insurance costs $2,786 per year on average for 21-year-olds. USAA, Geico, and Auto Owners provide the most affordable car insurance rates for 21-year-olds:
Car Insurance CompanyAnnual Rate EstimateMonthly Rate Estimate
USAA$1,609$134
Geico$1,844$154
Auto-Owners$2,074$173
Erie$2,103$175
Nationwide$2,147$179


Car Insurance for 25-Year-Olds at the cheapest Price


According to our estimates, full coverage car insurance costs $2,019 per year on average for 25-year-olds, which is only slightly more than for middle-aged drivers. However, USAA, Geico, and Erie provide the most affordable auto insurance rates for 25-year-old drivers:

Car Insurance CompanyAnnual Rate EstimateMonthly Rate Estimate
USAA$1,292$108
Geico$1,420$118
Erie Insurance$1,523$127
Nationwide$1,556$130
Auto-Owners$1,590$132


Car Insurance for Seniors at the cheapest Price


Auto insurance rates for drivers entering their senior years rise slightly as the risk of an accident rises. The national average for 65-year-olds is around $1,648 per year, but USAA, Erie, and Geico have lower rates:

Car Insurance CompanyAnnual Rate EstimateMonthly Rate Estimate
USAA$1,057$88
Erie Insurance$1,219$102
Geico$1,227$102
Auto-Owners$1,247$104
Nationwide$1,263$105

The cheapest Car Insurance for High-Risk Drivers 

Not everyone has the ideal driving record and situation to qualify for the lowest rates. The sections below show the average full coverage car insurance rates for drivers with a recent accident, speeding ticket, or DUI from some popular providers.


Cheapest Car Insurance Following a DUI


The following are the cheapest monthly car insurance rates for drivers with one DUI versus rates for those without a DUI:

Insurance CompanyMonthly Estimate for 1 DUIMonthly Estimate for No DUI
USAA$186$97
Nationwide$239$108
Geico$281$113
State Farm$182$125
Progressive$194$148
Allstate$299$193

After a single DUI, the average car insurance rate rises by more than 60% nationwide. This figure varies by region of the country and among providers.


Cheapest Insurance for Accident-Affected Drivers

For drivers who have recently been in an accident, USAA, State Farm, and Geico have the lowest car insurance rates.

Car Insurance CompanyMonthly Rate EstimateAnnual Rate Estimate
USAA$138$1,647
State Farm$157$1,882
Geico$197$2,364
Progressive$235$2,822
Nationwide$172$2,063
Allstate$300$3,598

Cheapest Speeding Ticket Insurance

For those who have recently received a speeding ticket, USAA, State Farm, and Geico offer the most affordable car insurance rates:

Car Insurance CompanyMonthly Cost EstimateAnnual Cost Estimate
USAA$118$1,413
State Farm$150$1,794
Geico$155$1,856
Progressive$193$2,311
American Family$172$2,061
Nationwide$138$1,656


Cheapest Car Insurance for Bad Credit Drivers

A low credit score can make it difficult to obtain low-cost car insurance. Many insurance companies use credit-based insurance scores to help calculate auto insurance rates for drivers in states where the practice is legal.

Here's how rate estimates for some of the top providers differ depending on whether drivers have good or bad credit:

Car Insurance CompanyMonthly Cost Estimate with Fair CreditMonthly Cost Estimate with Poor Credit*Rate Increase for Poor Credit
USAA$98$1510.54
Geico$132$1730.31
Progressive$144$2100.46
Nationwide$151$1860.23
State Farm$153$3010.97
Allstate$235$3140.34

In California, Hawaii, Massachusetts, and Michigan, insurers are not permitted to use credit scores to help determine auto insurance rates (these states were excluded from this part of our analysis).



2. The most affordable car insurance rates in each category


The following are in-depth reviews of our top picks for the cheapest car insurance companies based on average rate estimates. The following providers stand out from the crowd due to the high quality of their coverage, discounts, customer service, and industry reputations.


#1 USAA: Affordability for Military Families

While USAA is available in all 50 states and Washington, D.C., only veterans, active-duty military members, reservists, and their immediate families are eligible. If you meet the requirements, compare quotes from this company when you're shopping around.

Despite its limited availability, USAA ranks as the fifth-largest auto insurance provider in the United States, according to the National Association of Insurance Commissioners (NAIC). USAA provides the following car insurance discounts, among others:

• Military installation

• Drive carefully.

• excellent student

• Low mileage

• Multi-vehicle coverage


In addition to offering low-cost policies, USAA is one of the most reputable providers in the industry, with some of the highest customer satisfaction ratings. Here are a few more reasons why we like USAA:


AM Best has assigned the insurer an A++ financial strength rating, indicating that it has a superior ability to pay customer claims.


The Better Business Bureau (BBB) has given USAA an A+ rating, indicating that the company follows sound business practices and works to resolve customer complaints.


The second-highest score in the J.D. Power 2022 survey. Insurance Shopping in the United StatesSM


In our 2022 car insurance survey, we had the highest percentage of very satisfied customers.


Accident forgiveness, guaranteed asset protection (gap), car replacement assistance (CRA), and telematics insurance are all available.


Although USAA has the highest customer satisfaction score in most regions, J.D. Power does not rank it with other insurance providers due to specific criteria.


 #2 Erie Insurance: Reasonably Priced Basic Coverage


Basic Coverage is Reasonably Priced:

According to our research, Erie Insurance is one of the most affordable insurance providers for a wide range of drivers. In addition, the company has a respectable range of coverage levels and a strong reputation for customer service.


The Erie Rate Lock program allows eligible customers to avoid premium increases that occur over time. In this program, policyholders' rates can only rise for three reasons: adding or removing a vehicle, adding or removing someone from the policy, or changing addresses. Drivers who participate in the Rate Lock program will not see their rates increase if they file a claim or receive a ticket.


Aside from the Rate Lock program, Erie offers many of the same policy discounts as larger national providers, such as discounts for:

• Having an anti-theft device or anti-lock brakes on your vehicle


• Driving safely as an elderly or inexperienced driver


• Insurance policy bundles (25%)


• Being a first-time driver (20%)


Erie Insurance is ideal for drivers with a clean driving record and a high credit score. If you fit this description, Erie auto insurance can be very affordable.


Here are some additional reasons why we recommend Erie:


• AM Best gives AM Best a financial strength rating of A+.

• The BBB gave it an A+.


• According to the J.D. Power Auto Insurance study, the North Central and Mid-Atlantic U.S. regions have the highest overall customer satisfaction, while the Southeast region has the lowest.


• According to the J.D. Power Insurance Shopping study, midsize insurers rank second in overall customer satisfaction.


• Accident forgiveness, non-standard vehicle coverage, and pet injury coverage are all available.


Erie Insurance is available in 12 states and Washington:

IllinoisIndianaKentuckyMaryland
New YorkNorth CarolinaOhioPennsylvania
TennesseeVirginiaWest VirginiaWisconsin


#3 Geico: Reasonably priced for the majority of drivers


Most Drivers Can Afford it:

Most drivers should consider Geico when looking for the cheapest car insurance because USAA has eligibility requirements and Erie Insurance is regional. Geico is one of the top providers we've looked at. It has high ratings from policyholders who are pleased with Geico's customer service and are likely to recommend the company to others looking for car insurance.

Behind State Farm, Geico is the second-largest car insurance provider in the United States and the second-most popular provider in our 2022 car insurance survey. The insurer can be an excellent choice for both full coverage policies and the bare minimum required by your state.


Geico may offer cheap car insurance to drivers in all 50 states, but drivers with a history of accidents may find better deals from other companies. Geico offers notable discounts such as a 25% savings on multiple vehicle insurance and a 15% student discount.


Here are a few more reasons why we like Geico:

• AM Best gives AM Best a financial strength rating of A++.

• The BBB gave it an A+.

• The Central, Northwest, and New York regions of the United States ranked third in overall customer satisfaction (J.D. Power Auto Insurance study). 

• According to the same study, it is higher than the industry average in California, Florida, New England, North Central, and Southwest regions.

In our 2022 car insurance survey, 79% of policyholders were satisfied.

Mechanical breakdown insurance and usage-based insurance are both available.

• Appreciated mobile app.



#4 State Farm: Student-Friendly


Editor's Pick:

When looking for the cheapest car insurance, State Farm is another excellent option. State Farm has grown to become the largest insurance provider in the United States since its inception in 1922. The NAIC estimates that the company will write more than $41.6 billion in premiums in 2021.

At that scale, State Farm can provide a variety of coverage levels that will satisfy the majority of drivers. In addition, the company has a large national network of local agents, so there is likely an agent in your area who can help you compare rates.


State Farm received an 8.9 out of 10.0 rating in the coverage category due to its wide range of options. The company provides rideshare insurance, roadside assistance, accident forgiveness, and other services. State Farm also offers several discounts, including:

• Multi-vehicle

• Multiple policies

• Theft deterrent

• Free of mishaps

We discovered State Farm to be one of the most cost-effective options for students in particular. The company provides the industry's largest student discount (up to 25%). Young drivers can benefit from State Farm's Steer Clear program to improve their driving skills and receive additional discounts. Policyholders can also participate in programs such as Drive Safe & Save, which allows them to convert good driving habits into lower rates.

Here are a few more highlights from State Farm:

• AM Best's financial strength rating is A++.

• Large insurers rank first in overall customer satisfaction (J.D. Power Insurance Shopping study).

• More than 13% of respondents in our 2022 car insurance survey used it, the highest of any provider.

• Our survey found that 90% of customers were satisfied with their coverage.

• Provides rideshare insurance, usage-based insurance, classic car insurance, and other services.



#5 Progressive: Low-Cost Insurance for High-Risk Drivers


Low Insurance Rates for High-Risk Drivers:

Progressive, the nation's third-largest auto insurance company, insures millions of vehicles each year and can be one of the most affordable options for coverage. When compared to competitors, drivers with little experience or those with DWIs or DUIs on their records can generally find cheap car insurance with Progressive.

Progressive also offers a teen driver discount, a multi-car discount that can save you up to 12%, and a pay-in-full discount for paying your entire premium up front.

Here are a few more positive aspects of the auto insurance provider:

• AM Best's financial strength rating is A+.

• More than 74% of policyholders expressed satisfaction in our 2022 survey.

• Custom parts coverage, loan/lease payoff, and usage-based insurance options. 


How to Get the cheapest Car Insurance in 2022 


You don't have to pay a lot for auto insurance just because you're required to have it. There are steps you can take to increase your chances of finding cheap car insurance, allowing you to protect both your vehicle and your wallet.

Take Advantage of Savings with car insurance companies discounts


Most policyholders save the most money by taking advantage of car insurance discounts offered by providers. When shopping for insurance, look for the company that offers the best discounts to you.

You can also inquire with your current provider about available discounts.


Typical discounts include:

Military: This applies whether you are an active military member or a veteran.

Senior: Usually reserved for policyholders aged 55 and up.

 

Homeowners: If you have a mortgage, you may be eligible for this discount.

Good student: A college or high school student under the age of 25 who maintains a B average in their courses.

Good driver: This term refers to drivers who have a clean driving record (no speeding tickets, DUIs or at-fault accidents in the last three years)

Safe car: You may be eligible for this if your vehicle has safety features such as automatic braking or anti-theft technology.


 

Multi-policy: Combining two or more insurance policies, such as adding a homeowners or renters policy to your auto coverage.


Multi-vehicle: Insuring multiple vehicles on the same policy or combining auto policies with roommates or family members.


Other Ways to Get Cheaper Car Insurance rates in 2022

Aside from discounts, there are some things you can do to help save money on car insurance:


Try usage-based programsYou are less likely to be involved in an accident if you drive less than the average person. Usage-based programs use an app, plug-in device, or Bluetooth beacon to track your mileage or safe driving habits.
Pay your premium annually or biannuallyMost providers offer annual, biannual or monthly payment options. Providers often give slight discounts for paying in full for the entire year or every six months.
Increase your deductibleBecause your rates are determined by your deductible, increasing your deductible is usually a good way to lower your premium. However, increasing your deductible means you'll have more out-of-pocket expenses if you need to file a claim, so make sure you're comfortable with the financial risk.
Review your coverage regularlyWhen it comes time to renew your policy, go over it again to see if there are any areas where you can make changes to better suit your needs. You can also compare quotes to make sure you're getting the best deal.
Get a quote after improving your driving recordBetween three and five years after a citation or accident, shop around for new quotes. Previous infractions on your driving record may no longer be visible.
Capitalize on major life changesYou may find rates if you get married, send a student off to college, buy a home or have another major life change.
Improve your driver profileBecause safe drivers with clean records are less likely to file claims, insurance companies reward them with lower rates. Taking a driver safety course can help you improve your driving profile.
Improve your credit scoreBecause most states allow credit-based insurance scoring, if you improve your credit score, you can lower your rates over time.
Drive a vehicle that costs less to insureSome models are more expensive to insure than others, so consider how much it will cost to insure vehicles you're interested in when shopping for one.
Shop around for quotesComparing coverage and rates from different companies is a simple way to find the cheapest car insurance.
Consider local providersLocal agents and smaller providers may be able to offer lower rates on occasion, as large insurers are not always the most cost-effective option.
Opt for less coverageWhile choosing less coverage carries more risk, purchasing a minimum coverage policy can save you a significant amount on car insurance. Comprehensive and collision coverage only pay up to the current value of your vehicle, less the deductible. If you drive an older car worth a few thousand dollars or less, you may not need this type of coverage. Examine your financial situation to determine whether it is worthwhile to risk higher out-of-pocket expenses in order to lower your rates. A good rule of thumb is to obtain liability limits that are comparable to your net worth. You should still have enough coverage to meet the legal requirements of your state.


Car Insurance rates and quotes in USA insurance companies

The cheapest car insurance rates



According to our cost estimate data, the average 35-year-old driver with good credit and a clean driving record will pay approximately $1,816 per year or $151 per month for full coverage car insurance in 2022. The average annual rate for minimum liability coverage is $635, or $53 per month.

1. Car Insurance cheapest and most expensive rates by State 


Some states offer lower-cost auto insurance than others. The table below provides an overview of how states rank in terms of average cost.

The States with the cheapest Car Insurance

The five least expensive states for full coverage car insurance are as follows:

StateAnnual Cost EstimateDifference from National Average
Maine$1,051-42%
Vermont$1,094-40%
Ohio$1,105-39%
Idaho$1,169-36%
Virginia$1,217-33%


The States with the Most Expensive car Insurance


The top five most expensive states for full coverage car insurance are as follows:

StateAnnual Cost EstimateDifference from National Average
Michigan$4,1331.28
Florida$3,0600.69
Louisiana$2,9940.65
New York$2,9100.6
Delaware$2,3300.28
A state's average price can only tell you so much. Even within the same state, auto insurance rates can vary greatly. The provider that is typically the cheapest in a state may not be the cheapest in every ZIP code.

Smaller, local companies provide the cheapest car insurance in some states. National providers provide the best rates in other areas. A company that is expensive in Nevada may have some of the best rates in Pennsylvania, and vice versa.



2. Age Differences in Car Insurance Rates

As previously stated, your age has a significant impact on the amount of car insurance you will pay. On average, teenagers and young adults pay the highest rates for car insurance. Rates tend to fall as you get older, learn to drive better, and gain more road experience.

Average rates start to fall around the age of 25, level off around the age of 35, and then rise again after the age of 65. The following chart shows how average full coverage rates change with age:
AgeAnnual Cost EstimateMonthly Cost Estimate
16$6,912$576
17$5,612$468
18$4,958$413
19$3,708$309
21$2,786$232
25$2,019$168
30$1,831$153
35$1,785$149
40$1,755$146
45$1,730$144
50$1,658$138
55$1,609$134
65$1,648$137
75$1,912$159

Car Insurance rates Types and requirements 

The following are some of the most common car insurance coverage options and requirements:
Type of Car Insurance CoverageRequirementsRecommended Coverage Level
Property damage liabilityRequired in every state except New Hampshire and VirginiaRecommended per accident limits close to your net worth
Bodily injury liabilityRequired in every state except Florida, New Hampshire and VirginiaRecommended per accident limits close to your net worth
Collision and comprehensiveLikely required if you have auto financing or lease a vehicleRecommended if your vehicle is valued at $3,000 or more
Uninsured and underinsured motorist coverageRequired in 22 statesRecommended per accident limit close to your net worth if you don't have collision and personal injury protection
Personal injury protection (PIP) or medical payments coverageRequired in 14 statesRecommended if you have high health deductibles, or co-pays — or if you don't have health insurance at all
Gap insuranceOptional unless required by the terms of your loan or lease agreement (often required if your vehicle is less than three years old)Enough to cover the difference between the loan and the car’s depreciating value by the third year
According to our 2022 car insurance survey, 67% of the 1,000 respondents said they typically purchase full coverage insurance, which includes liability, collision, and comprehensive coverage. Almost 37% said they would buy full coverage with low limits, while slightly more than 30% said they would buy full coverage with high limits.



Factors Influencing Car Insurance Rates


Auto insurance quotes are based on your driver profile, desired coverage level, and the discounts offered by the company. While some things are unchangeable (for example, you cannot remove an at-fault accident from your recent history), there are many factors over which you have some control.


Many of these factors have been illustrated through car insurance rates or extensively discussed throughout this article. Those looking for a comprehensive list of the factors that influence your insurance rates should consult the table below:

FactorHow It Affects Your Car Insurance Premium
AgeAs people age and gain driving experience, they have fewer accidents (up to a point). Teenagers pay the most, followed by drivers under the age of 25.
Driving experienceBecause providers consider drivers with no recent driving history to be more risky to insure, it is typically more difficult for new drivers to obtain low-cost car insurance. Immigrants, visitors to the United States, and those with new licenses or lapses in car insurance fall into this category. It may be cheaper to stay on a family member's car insurance policy at first, until you have a more established driving record. When your policy is up for renewal, compare rates from different companies.
Marital statusBecause married drivers have fewer accidents, they pay less for auto insurance.
Car make and modelCars that are more expensive to repair are also more expensive to insure. This applies to your car's collision and comprehensive insurance. Seatbelts and air bags, for example, can have an impact on your rates.
Annual mileagePeople who drive long distances and put a lot of miles on their cars pay more for insurance.
Driving recordBecause insurers rely heavily on your driving record to determine pricing, maintaining a clean driving record can help you secure lower rates and good driver discounts. As a result, clean-record drivers typically pay significantly less than high-risk drivers. Infractions such as a DUI or having multiple at-fault accidents can make finding cheap car insurance more difficult (or even purchase a policy at times). Minor traffic violations, such as speeding tickets, also raise rates, albeit to a lesser extent.
Credit historyHaving bad credit can raise rates almost as much (if not more) than being convicted of DUI. Car insurance companies can use your credit history to determine your rates in most states. In these states, bad credit will cause your rates to rise, while good credit will cause them to fall. While a credit-based score includes the same factors as a regular credit score, such as payment history and debt, the weighting of these factors differs.
ZIP codeBecause cities have higher rates of theft, accidents, and vandalism, city drivers pay the highest rates. Parking in a garage may sometimes result in a lower rate.
State requirementsThe amount of coverage required varies greatly by state, so you'll pay more in states that require drivers to carry more types of insurance or higher coverage limits.
Desired coverageCar insurance prices rise as you add more types of coverage or choose higher coverage limits. Drivers only looking for their state’s minimum coverage (like basic liability coverage) will generally have the cheapest car insurance rates.
DeductibleA higher deductible lowers your premium, and vice versa.


1. Finding cheapest Auto Insurance


Even though these factors ultimately determine your rate, keep in mind that shopping around and comparing quotes from providers is the best way to find the cheapest insurance available to you. We recommend obtaining at least three quotes to get a good idea of the pricing and coverage options.


2. Car Insurance Quote Comparison


A quote for insurance shows how much you'd pay for the level of coverage you chose over a specified time period, which is usually six months. You'll always have a variety of prices to choose from. Even if two insurers offer you the same coverage levels, one option may be significantly less expensive depending on how each company calculates its rates.


Online insurance calculators make it simple to compare insurance quotes. Quotes are free, so you can compare as many as you want.

Obtaining an auto insurance quote online is simple. It may only take a few minutes if you have all of your information at hand. 
All you need to get a car insurance quote is the following information:

• Your policy's drivers
• The boundaries you desire
• Your postal code
• Your credit score
Insurance quotes are only estimates, and they may change if the insurance company discovers you provided inaccurate information. Because auto insurance quotes are only estimates, the company may contact you for additional information.


Companies also have between 30 and 90 days to make changes to insurance policies if they discover new information after you receive an initial quote.


Conclusion on the Cheapest Auto Insurance in 2022


In this article, we looked at the cheapest car insurance rates, companies, and quotes based on a variety of factors. Because prices vary so greatly, cheap auto insurance looks different for each driver.


 the cheapest car insurance companies in 2022 


It's always a good idea to shop around for car insurance. As a reminder, here are our top picks for low-cost car insurance:

1. Erie Insurance 
2. USAA
3. Geico
4. State Farm 
5. Progressive
We recommend State Farm as the Editor's Choice for most drivers due to its strong financial standings, affordability, and high customer service ratings. Get free car insurance quotes when shopping for a policy to find the cheapest car insurance for your desired level of coverage.

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