Based on our 2023 rate analysis, the cheapest car insurance costs $348 a year or $29 per month for our sample driver profile. That’s $235 below average and
below the cost of car
insurance nationwide of $528 a year.
Our sample driver profile is based on a driver 40 years of age with a clean driving record from large
insurers for minimum liability coverage from nationwide insurers.
Disclaimer: Based on your car, driving history, personal profile, you might pay over or under this rate. Get a quote today to check your rate.
Car Insurance Rates for Different Types
Since not every driver is the same, we also collected data based on different ages & driving histories below.
Different car insurance rates based on driving history:
Full Coverage Cost
Clean driving record
One recent at-fault crash
Drivers of different ages with a clean driving history looking for car insurance can expect to find these minimum rates:
Full Coverage Cost
20 year olds
30 year olds
40 year olds
50 year olds
65 year olds
As you can see, prices tend to come down as drivers get more experience on the road. To cut down on costs, young
drivers might want to consider buying only state-mandated coverage, rather than full coverage insurance.
The other major cause for higher rates is a DUI or recent accident, so as a reminder, drive safely!
What is the Best Car Insurance Company in the US?
Cheapest Car Insurance Company For Drivers
Geico has the cheapest car insurance rates on average out of all national auto insurers with a rate of $348 per year for our sample driver. But finding affordable, high-quality coverage doesn't mean you have to stick with large companies. Of the smaller insurers, Secura Insurance provides the lowest cost options for drivers across 12 states of roughly $287 per year.
The Best Car Insurance Based on Non-price Factors
Below are our recommendations of insurers for customers looking for the best car insurance company for a specific type of experience or driving history.
Drivers with Accident History
People with Bad Credit
Active Military Members & Veterans
Great Shopping Experience
How to find the best car insurance company for you?
Ultimately, the best car insurance for you will combine a variety of factors.
A company that balances customer service and price, making it the best value for your situation.
A company that has all the coverages you want: basic coverages you need and maybe even some unique coverages to fit your situation.
A company that is not necessarily a major name. Many of the best insurers for you might may only operate locally.
A company that is financially stable, ensuring you won't have to worry about whether claims are paid due to financial issues at the company.
InsureBetter.net’s mission is to empower Americans with information they can trust. Our goal is to be a
reliable source of educational content regarding auto, home, and pet insurance prices. In addition, we
provide details on requirement policies, coverage, and rates from 100+ top insurance companies.
The driving force behind our purpose is the deeply disturbing fact that Americans are overpaying
insurance companies by over $100 billion per year.This is ridiculous. This needs to change. This
is why we created InsureBetter.net.
Voted #1 Car Insurance Quote Provider of 2023
Recent Quotes Received from Our Users
Los Angeles, CA
5 HOURS AGO
Driver Type: 1 Accident
Car: Ford Falcon 2016
Type: Full Coverage
6 HOURS AGO
Driver Type: Safe Driver
Car: Toyota Prius 2017
Type: Minimum Liability
12 HOURS AGO
Driver Type: DUI
Car: Honda Accord 2015
Type: Minimum Liability
For our “good driver” profile, InsureBetter used auto insurance quotes from an average of 10 insurers in each state for single male and female drivers with no tickets, violations, or accidents.
For full coverage policies, we used the following coverage limits:
$100,000 bodily injury liability per person.
$300,000 bodily injury liability per accident.
$50,000 property damage liability per accident.
$100,000 uninsured motorist coverage per person.
$300,000 uninsured motorist coverage per accident.
Collision coverage with a $1,000 deductible.
Comprehensive coverage with a $1,000 deductible.
We used a 2019 Honda Accord for all drivers and assumed 10,000 miles driven per year.
For minimum coverage estimates, we used the minimum insurance required by each state.
For rate estimates with one at-fault crash, we used an at-fault crash that happened 9 months ago, resulting in $13,000 in property damage and no bodily injury claim.
For rate estimates for drivers with a DUI, we used a single drunk driving violation that happened 9 months ago.
InsureBetter.net is managed by our editor, Chris Anderson. Chris is an expert about auto, home, pet, and renters insurance. He spends time finding insurance providers who will provide people with the most cost-effective coverage. Chris has written articles for the New York Times, Forbes, and many other publications. Chris is a New Jersey native and received his B.A. in English from Georgetown University in 2008. In his free time, he enjoys snowboarding, biking, and spending time with his two kids.