Do you think why you need insurance for your car? Because you need it for your liability. Car insurance is beneficial.
Cheap Insurance Companies
You can protect yourself by getting the right car insurance. The right car insurance protects you and your family members from a huge loss. If an accident occurs, then you must know about the coverage of life and property. Sometimes, you want to get the right insurance, but due to the expensive rate, you couldn’t do so. In insurance, you pay annual premiums, and in case of accidents, you claim that helps you cover your losses. So, in this article, we bring a list of the insurance companies that will give you relief in terms of amount or other things. So, let’s get a start without delay.
| No | Name | Average Annual Rates |
|---|---|---|
| 1 | USAA | $885 |
| 2 | Geico | $1168 |
| 3 | State Farm | $1234 |
| 4 | Travelers | $1267 |
| 5 | Progressive | $1373 |
| 6 | America Family | $1391 |
| 7 | Farmers | $1682 |
| 8 | Nationwide | $1864 |
| 9 | Allstate | $1880 |
Now, after discussing the list, let us see the detail of these insurance companies.
USAA:
Founded in 1922
Location: San Antonio, Texas
USAA stands for United States Automobile Association that provides cheap car insurance. It considers the customer as the member. To get the membership, you need to qualify for the membership. For membership, you must be an active member of the military, retired veteran, a member spouse, and son or daughter.
The army officers established the company in the early ’90s. Initially, they offer services to army officers. Later on, the service expands to automobile insurance, renter’s life, and homeowners insurance. The company helps in maintaining the military life and gave bits of advice to the army man. The USAA appears the cheapest among all the other car insurance.
In the survey, people recommend USAA for the cheapest car insurance in the USA. The survey shows that 70% of people are satisfied with the USAA policy. While 30% are not satisfied with their terms and conditions. 65% of people are satisfied with status updates while the rest are not agreed upon. USAA does best as compare to the other insurance companies. So, USAA is better in all aspects. The one bad thing about the USAA is its strict restrictions on the qualifications.
Pros:
- It offers a lower average
- It is ranked at the top of the list.
- More than 70 percent are satisfied.
- Eighty-four percent of people like their policy services.
Cons:
Present or past military service is required for the insurance.
USAA Car Insurance Cost:
USAA car insurance Rates by Age:
| No | Group | National Average Rates |
|---|---|---|
| 1 | Single 25-year-old female | $1037.67 |
| 2 | Single 25-year-old male | $1094.44 |
| 3 | married 35-year-old female | $823.10 |
| 4 | married 35-year-old male | $817.91 |
| 5 | married 60-year-old female | $767.97 |
| 6 | married 60-year-old male | $767.04 |
USAA Car insurance rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $829.27 |
| 2 | 12000 miles | $884.69 |
USAA Car Insurance Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $829.82 |
| 2 | Medium | $884.69 |
| 3 | High | $939.52 |
USAA Car Insurance Rates by Driving Record
| No | Driving Record | National Average Rates |
|---|---|---|
| 1 | Clean Record | $884.69 |
| 2 | With 1 speeding violation | $1040.78 |
| 3 | With 1 accident | $1228.98 |
| 4 | With 1 DUI | $1683.36 |
Geico:
Founded in 1936
Location: Texas by Leo and Lillian Goodwin
It is created for Government employees, as we discussed above, that the USAA is for military people. Geico is for the civilians so they can get benefits from this company. In 1956, the student invested in the Geico. The company focused on increasing the reach and its users. This company also uses the famous slogan “15 minutes could save 15 percent or more”. This slogan means that life is important than anything else. After this step, the Geico became the second famous insurance company in the united states.
The survey shows that 80 percent of people are satisfied with the filling claim service. Moreover, people said that the Geico service is more comfortable and more user-friendly. The company solves matters immediately without any delay. So because of this, the company stands in the second position.
Pros:
- Easy to file a claim.
- Good value for the money.
- Rates are lower than average
Cons:
- Claim updates are slower.
- It is sometimes challenging to connect the agent.
Geico Insurance Cost:
Although USAA has the cheapest rates, the Geico also has affordable rates to purchase their service easily. Let’s dive into the detailed information of the company.
Geico Rates by Age:
| No | Group | National Average Rates |
|---|---|---|
| 1 | Single 25-year-old female | $1365.47 |
| 2 | Single 25-year-old male | $1269.18 |
| 3 | married 35-year-old female | $1119.03 |
| 4 | married 35-year-old male | $1133.91 |
| 5 | married 60-year-old female | $1052.97 |
| 6 | married 60-year-old male | $1067.04 |
Geico rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1106.54 |
| 2 | 12000 miles | $1167.93 |
Geico Car Insurance Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1087.80 |
| 2 | Medium | $1167.93 |
| 3 | High | $1254.53 |
Geico Car Insurance Rates by Driving Record
| No | Driving Record | National Average Rates |
|---|---|---|
| 1 | Clean Record | $1167 |
| 2 | With 1 speeding violation | $1510 |
| 3 | With 1 accident | $1802 |
| 4 | With 1 DUI | $2957 |
State Farm:
Founded in 1922
Location: Bloomington
As you can observe in the name of state farm that this is for farmers. In 1922, when the farming is not producing enough income, the Farmer created a State Farm. This company provides insurance to the automobile of farmers. The owner expands its business in many aspects. They add millions of insurance policies to the company policy.
A survey shows that 78 percent of the people are satisfied with the filling policy of the company. Fifty-three percent of people are happy with the claim status update, while the remaining are not.
Therefore, people who want to get a cheap and good insurance policy, or want to bargain the amount must communicate with State Farm. Getting the right agent is the key to getting the right product.
Pros:
- Easy to file a claim.
- Good customer service.
Cons:
- The insurance agent may vary.
- May be high rates for poor credit.
State Farm Car Insurance Cost:
Although USAA has the cheapest rates, the Geico also has affordable rates to purchase their service smoothly. Let’s dive into the detailed information of the company.
State farm car insurance Rates by Age:
| No | Group | National Average Rates |
|---|---|---|
| 1 | Single 25-year-old female | $1468.63 |
| 2 | Single 25-year-old male | $1330.05 |
| 3 | married 35-year-old female | $1204.67 |
| 4 | married 35-year-old male | $1204.67 |
| 5 | married 60-year-old female | $1098.01 |
|6| married 60-year-old male|$1098.01|
State farm Car insurance rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1113.53 |
| 2 | 12000 miles | $1234.08 |
State Farm Car Insurance Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1143.10 |
| 2 | Medium | $1234.01 |
| 3 | High | $1325.66 |
State Farm Car Insurance Rates by Driving Record
| No | Driving Record | National Average Rates |
|---|---|---|
| 1 | Clean Record | $1234.01 |
| 2 | With 1 speeding violation | $1374 |
| 3 | With 1 accident | $1486 |
| 4 | With 1 DUI | $1680 |
Travelers:
Founded in 1897
Travelers spend more than 160 years in auto insurance. It works on providing quality service to the people without any problem. You can get low-cost insurance from the company. It is the largest business provider that gives data and other services to the clients. It is operating in the United Kingdom, Canada, the USA, and Belgium.
In the survey, people rate it 3.89/5, which shows that very few people are satisfied with their services. Only 55 percent of people are satisfied with filling claim service. Moreover, 16 percent of people are not satisfied with the status updates.
Above all only, 70 percent of people recommend Travelers for an insurance policy. So you can get with many features, and there are many pros and cons of the company, which are given below.
Pros:
- Affordable to young drivers.
- Easy to use and user-friendly.
Cons:
- No claim status update.
- Not too good
- Very bad in terms of rates.
Traveler Insurance Cost:
Although USAA has the cheapest rates the Traveler also has affordable rates to purchase their service easily. Let’s dive into the detailed information of the company.
Traveler car insurance Rates by Age:
| No | Group | National Average Rates |
|---|---|---|
| 1 | Single 25-year-old female | $1416 |
| 2 | Single 25-year-old male | $1363 |
| 3 | married 35-year-old female | $1295 |
| 4 | married 35-year-old male | $1267 |
| 5 | married 60-year-old female | $1146 |
| 6 | married 60-year-old male | $1114 |
Traveler Car insurance rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1226 |
| 2 | 12000 miles | $1267 |
Traveler Car Insurance Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1192 |
| 2 | Medium | $1267 |
| 3 | High | $1355 |
Traveler Car Insurance Rates by Driving Record
| No | Driving Record | National Average Rates |
|---|---|---|
| 1 | Clean Record | $1267 |
| 2 | With 1 speeding violation | $1721 |
| 3 | With 1 accident | $1842 |
| 4 | With 1 DUI | $2430 |
Progressive:
Founded in 1837
It was founded in 1837 by Joseph Lewis and Jack Green. Travelers are the first company who offers drive-in claims and premium payable installments to the clients. It offers insurance for business insurance for automobiles, motorcycles, boats, and RVs. Moreover, it is the first company that launched an informational website. So users can get relevant information on the internet.
In a survey, 56 percent of people say that the company clears their claim. Fifty percent of people are satisfied with complete satisfaction.
Pros:
- Offers discounts to the users.
- The company has adequate financial health.
- Provides good rates.
Cons:
- No customer satisfaction.
- Not too good
Progressive Car Insurance Cost:
Although USAA has the cheapest rates the Progressive also has affordable rates on which you can easily purchase their service. Let’s dive into the detailed information of the company.
Progressive car insurance Rates by Age:
| No | Group | National Average Rates |
|---|---|---|
| 1 | Single 25-year-old female | $1626 |
| 2 | Single 25-year-old male | $1629 |
| 3 | married 35-year-old female | $1352 |
| 4 | married 35-year-old male | $1274 |
| 5 | married 60-year-old female | $1136 |
| 6 | married 60-year-old male | $1174 |
Progressive Car insurance rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1367 |
| 2 | 12000 miles | $1372 |
Progressive Car Insurance Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1274 |
| 2 | Medium | $1372 |
| 3 | High | $1489 |
Progressive Car Insurance Rates by Driving Record
| No | Driving Record | National Average Rates |
|---|---|---|
| 1 | Clean Record | $1372 |
| 2 | With 1 speeding violation | $1802 |
| 3 | With 1 accident | $2324 |
| 4 | With 1 DUI | $1793 |
American Family:
Founded in: 1927
This insurance is for the Farmer during the harsh winters. American Family offers insurance related to medical, homeowners, and life insurance in the 1950s. Its 10,000 employees and 3000 people in the company, who are serving to the customers. It receives a lower score from the customers in terms of form filling, status updates, claim updates, and much more.
In the survey, 40 percent of people gave a high score in all terms. The customers say that the claim update is very slow. Ten percent of people are not satisfied with the customer’s service.
Let’s have a look at the Pros and cons of the American Family.
Pros:
Among best representation of rates.
Cons:
- No customer satisfaction.
- Lowest customer satisfaction.
American Family Insurance Cost:
Although USAA has the cheapest rates, the American Family also has reasonable rates to purchase their service easily. Let’s dive into the detailed information of the company.
American family Rates by Age:
| No | Group | National Average Rates |
|---|---|---|
| 1 | Single 25-year-old female | $1695 |
| 2 | Single 25-year-old male | $1533 |
| 3 | married 35-year-old female | $1358 |
| 4 | married 35-year-old male | $1322 |
| 5 | married 60-year-old female | $1228 |
| 6 | married 60-year-old male | $1208 |
American Family rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1341 |
| 2 | 12000 miles | $1391 |
American Family Rates with respect to Coverage type**
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1328 |
| 2 | Medium | $1392 |
| 3 | High | $1412 |
American Family Car Insurance Rates by Driving Record
| No | Driving Record | National Average Rates |
|---|---|---|
| 1 | Clean Record | $1391 |
| 2 | With 1 speeding violation | $1496 |
| 3 | With 1 accident | $1683 |
| 4 | With 1 DUI | $1725 |
Farmers:
Founded in: 1928
As its name shows that it is just for farmers. The agent went door to door to convince the poor Farmer. It is composed of 46 small companies. They are offering a wide variety of services and products. The Farmer provides many coverage options, such as liability options, collision coverage, accident coverage, and other types of insurance coverage. They also offer multi-policy discounts to the farmers. Now, Farmer insurance is provided to 10 billion people.
In the survey, 66 percent of people like the Farmers, and the remaining will not agree on their services. In order to understand the reason behind a bad reputation. Let’s have a look at the Pros and cons of the Farmers
Pros:
Low to high mileage drivers get discount
Cons:
Rate varies.
Farmer Car Insurance Cost:
Although USAA has the cheapest rates, the Farmers also have reasonable rates to purchase its service smoothly. Let’s dive into the detailed information of the company.
American family car insurance Rates by Age:
| No | Group | National Average Rates |
|---|---|---|
| 1 | Single 25-year-old female | $1996 |
| 2 | Single 25-year-old male | $1907 |
| 3 | married 35-year-old female | $1619 |
| 4 | married 35-year-old male | $1630 |
| 5 | married 60-year-old female | $1507 |
| 6 | married 60-year-old male | $1430 |
American Family Car insurance rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1670 |
| 2 | 12000 miles | $1681 |
American Family Car Insurance Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1582 |
| 2 | Medium | $1682 |
| 3 | High | $1786 |
American Family Car Insurance Rates by Driving Record
| No | Driving Record | National Average Rates |
|---|---|---|
| 1 | Clean Record | $1681 |
| 2 | With 1 speeding violation | $2099 |
| 3 | With 1 accident | $2445 |
| 4 | With 1 DUI | $2640 |
Nationwide:
Founded in: 1925
It is providing insurance to rural farmers. The company first expanded to the west, then to the east and all over the world. It is also known as stock car racing. It is providing all the services to the client. Now, Nationwide is the largest company in financial status and providing services all across the world. It is providing services in cars, boats, motorcycles, and other economic issues.
In the survey, people gave it a few stars because of its performance. Only 43 percent of people recommend nationwide, and the rest of it didn’t like it. Sixty percent of people recommend nationwide.
To understand the reason behind a bad reputation. Let’s have a look at the Pros and cons of the nationwide.
Pros:
Affordable rates and easy to understand.
Cons:
Small upcharge for mileage drivers.
Nationwide Car Insurance Cost:
Although USAA has the cheapest rates, the Nationwide also has reasonable rates to purchase its service smoothly. Let’s dive into the detailed information of the company.
Nationwide car insurance Rates by Age:
| No | Group | National Average Rates |
|---|---|---|
| 1 | Single 25-year-old female | $2157 |
| 2 | Single 25-year-old male | $2313 |
| 3 | married 35-year-old female | $1753 |
| 4 | married 35-year-old male | $1773 |
| 5 | married 60-year-old female | $1535 |
| 6 | married 60-year-old male | $1649 |
Nationwide Car insurance rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1849 |
| 2 | 12000 miles | $1863 |
Nationwide Car Insurance Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1861 |
| 2 | Medium | $1863 |
| 3 | High | $1892 |
Nationwide Car Insurance Rates by Driving Record
| No | Driving Record | National Average Rates |
|---|---|---|
| 1 | Clean Record | $1863 |
| 2 | With 1 speeding violation | $2263 |
| 3 | With 1 accident | $2765 |
| 4 | With 1 DUI | $4011 |
Allstate car insurance:
Founded in: 1931
It was the first company that uses the age of the car to provide insurance. It aims to offer cheap car insurance to the people. People are pleased with its services because of its claim, but the company has not the highest rank.
In the survey, people gave it a few stars because of its performance. Nearly 80 percent of people recommend Allstate, and the rest of it didn’t like it. Ten percent of the people are not satisfied.
To understand the reason behind a bad reputation. Let’s have a look at the Pros and cons of the Allstate.
Pros:
- Great customer service.
- Easy to claim
Cons:
Price is not acceptable.
Allstate Car Insurance Cost:
Although USAA has the cheapest rates, the Nationwide also has reasonable rates to purchase its service smoothly. Let’s dive into the detailed information of the company.
Allstate car insurance Rates by Age:
| No | Group | National Average Rates |
|---|---|---|
| 1 | Single 25-year-old female | $2012 |
| 2 | Single 25-year-old male | $2097 |
| 3 | married 35-year-old female | $1853 |
| 4 | married 35-year-old male | $1838 |
| 5 | married 60-year-old female | $1716 |
| 6 | married 60-year-old male | $1763 |
Allstate Car insurance rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1836 |
| 2 | 12000 miles | $1880 |
Allstate Car Insurance Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1772 |
| 2 | Medium | $1880 |
| 3 | High | $1983 |
Allstate Car Insurance Rates by Driving Record
| No | Driving Record | National Average Rates |
|---|---|---|
| 1 | Clean Record | $1880 |
| 2 | With 1 speeding violation | $2211 |
| 3 | With 1 accident | $2673 |
| 4 | With 1 DUI | $3251 |
Frequently Asked Questions
How can I get cheap car insurance in Uk?
To get cheap insurance in the UK, you have to follow the steps given below.
- You should pay annually, so there will be no interest in it.
- Avoid modifications
- Compare
- Keep it
Who has cheap car insurance?
| No | Name | Average Annual Rates |
|---|---|---|
| 1 | USAA | $885 |
| 2 | Geico | $1168 |
| 3 | State Farm | $1234 |
| 4 | Travelers | $1267 |
| 5 | Progressive | $1373 |
| 6 | America Family | $1391 |
| 7 | Farmers | $1682 |
| 8 | Nationwide | $1864 |
| 9 | Allstate | $1880 |
Is Ratekick legit?
Ratekick.com has a 4.1 rating out of 5. It offers various discounts to customers in various forms. The customers include military personnel, teachers, and seniors. While for others, they are not offering any relief.
Which company has the worst insurance policies?
You often think about which company has a bad reputation in the market. So let’s have a look at the table given the table.
| No | Name |
|—|—|—|
|1|Allstate|
|2|UNUM|
|3|State Farm|
|4|Conesco|
|5|Wellpoint|