Cheap Car Insurance Companies

 

State Farm has long been considered one of the cheapest car insurance companies, with insurance for just $1,583 per year. Especially if you've had an at-fault accident in the past, State Farm may be a great option for you. However, if you're in a situation where you've had an accident that was not your fault, it's worth checking out some of the other companies, such as Allstate, Nationwide, and GEICO.

GEICO

One of the best ways to save on car insurance is to shop around for multiple quotes. GEICO is one of the best car insurance companies to shop around with, and its cheap rates will surprise you. You can save hundreds of dollars by shopping around and avoiding the high-pressure sales tactics. Geico also offers a variety of discounts for members of partner organizations. The company focuses on lowering premiums, and its customer service is second to none.

According to Insider research, GEICO will be the cheapest major car insurance company through 2022. Erie comes in a close second. Just because a car insurance company is cheap does not mean it's right for you. You should shop around and receive as many quotes as possible. Getting several quotes from various companies will help you make an informed decision based on their prices and policies.

Progressive

Despite its name, Progressive is not one of the cheapest car insurance companies on the market. Its prices are competitive, and it offers many benefits, including accident forgiveness and roadside assistance. It even offers discounts for defensive driving courses, auto security systems, online payment, paperless billing, and automatic billing. If you own a home, you can even save money by bundling your auto and homeowners policies. However, there are a few caveats to consider.

In addition to offering a variety of policies, Progressive has the lowest average commute distance increase among car insurance companies, at just $11. This is a major plus because insurers typically charge more for drivers with poor credit. While some companies increase rates for people with bad credit, Progressive charges a reasonable $281 to upgrade from low to medium coverage. However, other companies charge well over $1,000 for the same coverage. Progressive also bases its rates on a driver's credit score.

USAA

USAA is a member of the AAA. You can qualify for discounts by having a clean driving record and taking a defensive driving course. If you are under 21 or a student with a 3.0 GPA, you can save 10% on your premiums by taking a basic driver training course. You can also get a discount for having a low mileage vehicle or being a military member.

Customers who have purchased a policy with USAA generally enjoy good customer service, a good claims experience, and cheap rates. In fact, car insurance experts rate USAA above average. It has consistently high customer satisfaction ratings from J.D. Power and an excellent business rating from AM Best. Its financial strength has been noted as strong, and it has an A++ rating from Consumer Reports. But there are a few things to keep in mind before signing up with USAA.

Texas Farm Bureau

Regardless of what you're looking for in a car insurance policy, Texas Farm Bureau is one of the best options for you. Their rates are competitive with most other insurers. They also offer discounts for multiple vehicles, safety features, and claims-free driving records. Their home insurance policies cover a variety of things, from liability to personal property. They also offer loss-of-use coverage, which pays for living expenses if your home is destroyed in a disaster.

Texas Farm Bureau offers basic auto and home insurance for relatively low prices. Both auto and home insurance are offered in Texas, and their rates are competitive with the national average. Additionally, their customer service is exceptional. Membership in the organization allows members to get discounts on their premiums and other insurance products. While membership in the Farm Bureau isn't mandatory, you should consider obtaining a membership. A membership costs $35 to $50 per year and gives you access to discounts on many other products.

Amica

If you're looking for a policy that won't break the bank, try Amica. This company offers many affordable benefits, including roadside assistance. They offer roadside assistance for flat tires, jump-starting dead batteries, and tire changes. Plus, they'll reimburse you for the costs of changing a flat tire, including the deductible. You can even add towing and labor coverage to your policy for a minimal extra cost. They also offer renters' insurance, as well, and have various discounts for this type of coverage.

Amica offers discounts for a number of reasons, including being a student or having a policy for more than one vehicle. Young drivers can save up to 15% with Amica's legacy discount. And if you've never had a claim, you'll save even more money with this company's multi-line discounts. These benefits make Amica one of the cheap car insurance companies, and you'll love the discounts you'll get for staying on top of your auto insurance.