Car insurance helps you to cover the expenses of accidents. The coverages such as liability, comprehensive, collision coverage help you to protect the claim when needed. Protect yourself and others. Getting the right insurance is not less than a blessing.
What is insurance?
Before starting the topic, you must know about what is insurance?. Insurance is used in law and economics. People buy insurance to protect themselves and the car. In contrast, you will get the expense if something terrible happens.
After knowing the insurance, let’s dive into the detail of full coverage auto insurance. You should know that what is full coverage auto insurance?
What is full coverage Car insurance?
You may think about that what is full coverage car insurance? To know about the full coverage car insurance, you need full knowledge of data. So, for your convenience, we make a table as given below.
Full coverage insurance may include:
| Coverage Type | What you get? | Required |
|---|---|---|
| Bodily injured | Medical costs after accident | Generally required |
| Property damage | Repair cost for property | Generally required |
| Uninsured motorist | Medical expenses after accident | Required in 20 states and Washington DC |
| Collision coverage | Repair cost for your vehicle | Optional |
| Comprehensive coverage | Repair costs for an event that is out of your control | Optional |
So after getting full coverage car insurance, now moving towards the list of companies offering cheap full coverage car insurance.
What is full coverage auto insurance?
Above all this, you need to understand the full coverage auto insurance. You might think that what is full coverage auto insurance? Let’s get understand the meaning of full coverage auto insurance.
The full coverage auto insurance means that it contains liability, which is very essential. Moreover, it contains comprehensive and collision auto insurance as well.
Cheap full coverage Auto insurance:
The full range provides you better protection in all aspects. Although many companies offer expensive full coverage, you need to explore the market to know the rates. So, we make it easy for you. Let’s have a dive into the information given below.
| No | Name of Company | Amount |
|---|---|---|
| 1 | Liberty Mutual | $1778 |
| 2 | Progressive | $1766 |
| 3 | USAA | $1023 |
| 4 | Geico | $1198 |
| 5 | State Farm | $1511 |
Now, you need to know the companies offering cheap car insurance in your area. Let’s get started without further ado.
What are the average car insurance rates in the US?
After knowing the detail of the full coverage insurance, you must know about the average car insurance. If you are in the US, you can easily distinguish between the wrong and right prices.
The average rate of insurance is $1758 in the US. Different people have to pay different rates. The pay of insurance of premium depends on the following factors, which are given below.
| No |Factors that affect|
|—|—|—|
|1|Age|
|2| Area |
|3| driver’s history|
|4|Educational level|
|5| amount of insurance your choose.|
In insurance, you need to pay the payment the whole year. If there is an accident, you can claim that they will pay to cover the loss. Your driving records may affect the insurance policy. If you are a terrible driver, your premium amount will be higher than the other premiums. You may think about how much car insurance is? To know the answer, let’s get started.
How Much Is Car Insurance?
After researching, we conclude that the nine biggest companies are giving average auto insurance of $1419. You can not say that the exact price of insurance will be because insurance costs depend on the following things.
| No |Factors|
|—|—|—|
|1|Age|
|2| Area |
|3| driver’s history|
|4|Educational level|
|5| amount of insurance your choose.|
Sometimes, you work hard, but the one who works smart will get more. Most of us want to get the tricks and tactics or call shortcuts to certain things. So, here we will discuss the tricks to get cheap auto insurance. Let’s start without delay.
Tips to get cheap full coverage auto insurance:
This section will discuss the tips and tricks to get the cheap full coverage auto insurance in the market.
- It would help if you searched for the more affordable price of insurance in the country. Searching for the price isn’t difficult.
- Look at the age, which is an essential factor. If you are 25, you can get a lower or discount on the insurance premium price.
- It would help if you considered your area. Suppose crimes in your area are less than the other, than you have to pay fewer premium charges.
- If you increase your deductible, you will save $100 a year. It is the most significant factor that plays a vital role in the premium.
- Stay loyal to the company because some company gives discounts to their loyal customers.
After getting much information, you must know the companies that are offering cheap auto insurance.
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. 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 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 happy with their terms and conditions. 65% of people are confident 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 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 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 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 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.
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 Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1087.80 |
| 2 | Medium | $1167.93 |
| 3 | High | $1254.53 |
Geico 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 adequate insurance policy, or want to bargain the amount must communicate with State Farm. Getting the right person 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 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 rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1113.53 |
| 2 | 12000 miles | $1234.08 |
State Farm Car Insurance Rates
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1143.10 |
| 2 | Medium | $1234.01 |
| 3 | High | $1325.66 |
State Farm 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 confident with filling claim service. Moreover, 16 percent of people are not happy 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 Car Insurance Cost:
Although USAA has the cheapest rates, the Traveler also has affordable rates to purchase its service smoothly. Let’s dive into the detailed information of the company.
Traveler 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 rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1226 |
| 2 | 12000 miles | $1267 |
Traveler Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1192 |
| 2 | Medium | $1267 |
| 3 | High | $1355 |
Traveler 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. Progerssive are the first company who offers drive-in claims and premium payable installments to the clients. It provides 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 to purchase their service smoothly. Let’s dive into the detailed information of the company.
Progressive Rates by Age:
| No | Group | National Average Rate |
|---|---|---|
| 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 rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1367 |
| 2 | 12000 miles | $1372 |
Progressive Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1274 |
| 2 | Medium | $1372 |
| 3 | High | $1489 |
Progressive 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:
the best representation of rates.
Cons:
- No customer satisfaction.
- Lowest customer satisfaction.
American Family Cost:
Although USAA has the cheapest rates, the American Family also has reasonable rates to purchase its service smoothly. 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 Car insurance rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1341 |
| 2 | 12000 miles | $1391 |
American Family Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1328 |
| 2 | Medium | $1392 |
| 3 | High | $1412 |
American Family 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 insurance coverage types. 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. 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.
Farmers 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 |
Farmers Car insurance rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1670 |
| 2 | 12000 miles | $1681 |
Farmers Car Insurance Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1582 |
| 2 | Medium | $1682 |
| 3 | High | $1786 |
Farmers 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 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 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 rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1849 |
| 2 | 12000 miles | $1863 |
Nationwide Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1861 |
| 2 | Medium | $1863 |
| 3 | High | $1892 |
Nationwide 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:
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 does not have 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 Cost:
Although USAA has the cheapest rates, the Allstate also has reasonable rates to purchase its service smoothly. Let’s dive into the detailed information of the company.
Allstate 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 rate Annual:
| No | Annual Mileage | National Average Rates |
|---|---|---|
| 1 | 6000 miles | $1836 |
| 2 | 12000 miles | $1880 |
Allstate Rates by coverage type
| No | Coverage Type | National Average Rates |
|---|---|---|
| 1 | Low | $1772 |
| 2 | Medium | $1880 |
| 3 | High | $1983 |
Allstate 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
Who has the cheapest full coverage auto insurance?
Many companies offer the cheapest full coverage auto insurance is as follows.
| No | Name of Company | Amount |
|---|---|---|
| 1 | Liberty Mutual | $1778 |
| 2 | Progressive | $1766 |
| 3 | USAA | $1023 |
| 4 | Geico | $1198 |
Who has the cheapest auto insurance in Minnesota?
Some companies are offering cheap auto insurance in Minnesota.
| No | Name of Company | Amount |
|---|---|---|
| 1 | American Family | $1137 |
| 2 | Western National | $1140 |
| 3 | Progressive | $1910 |
| 4 | State Farm | $1919 |
Who has the cheapest car and house insurance?
Some companies are offering cheap auto insurance and house insurance. Let’s explore the name of companies.
| Name of Company | Car insurance amount | house insurance amount |
|---|---|---|
| Nationwide | $1404 | $1143 |
| Farmers | $1249 | $1662 |
| Progressive | $1241 | $1649 |
| State Farm | $1372 | $1681 |
What are the worst insurance companies?
Sometimes, you may want to know which companies have the worst repo in the market. So here is the list of companies that have bad customer feedback.
- AIG
- State Farm
- Conseco
- WellPoint
- Farmer