What insurance company is cheaper than State Farm?
Asked by: Mckayla Mayert | Last update: January 19, 2026Score: 5/5 (16 votes)
Is there a cheaper insurance than State Farm?
Geico: Price. Geico has the advantage on price: Monthly premiums for full coverage average $164 with Geico, according to Bankrate data, well below both State Farm's $219 a month and national average of $193 per month. Its low rates landed Geico on our list of best low-cost insurers.
What insurance company is usually the cheapest?
Geico has some of the lowest rates in the industry for full coverage car insurance, even for drivers with bad credit, speeding tickets, accidents and other risk factors. And unlike other affordable options like USAA and Auto-Owners, Geico is available in all 50 states.
Who is State Farm's biggest competitor?
State Farm main competitors are USAA, MetLife, and American Family Insurance. Competitor Summary. See how State Farm compares to its main competitors: MetLife has the most employees (49,000).
Is Allstate cheaper than State Farm?
Average Cost of Allstate Car Insurance
When comparing car insurance rates for Allstate vs. State Farm, you'll find that Allstate has higher rates for car insurance premiums than State Farm, and, overall, Allstate has higher average rates than other large insurance companies.
Allstate vs. State Farm: Which Car Insurance WINS for 2025?
Is Progressive cheaper than State Farm?
According to rate data from Quadrant Information Services, Progressive has cheaper average rates than State Farm. However, car insurance rates are personalized to each driver based on factors like location, driving record and vehicle type.
Who is the #1 insurance company in the US?
State Farm is the largest auto insurance company in the U.S. based on written premium, or the total amount it bills customers. Progressive is the second-largest car insurance company, followed by Geico and Allstate.
Who is cheaper, Allstate or Progressive?
Allstate: Cheapest for drivers with bad credit
In many states, car insurance companies can use a driver's credit history as a factor when determining car insurance premiums. For drivers with bad credit, Allstate once more edges out Progressive with cheaper average premiums.
Which insurance company has the fewest complaints?
The most trusted auto insurance company is American Family Insurance. American Family has a low volume of customer complaints compared to other insurance companies its size, good reviews from WalletHub users, and high ratings for customer satisfaction according to J.D. Power.
What is the cheapest insurance in America?
Cheapest full coverage insurance: State Farm
State Farm has the best cheap full coverage auto insurance, at $134 per month.
What insurance group is the cheapest?
Group 1 is the lowest insurance group, which also means it's the cheapest insurance group. Group 50 is the most expensive. However, premiums aren't just based on insurance group. Other factors are taken into consideration, too.
What is the cheapest car insurance for seniors over 60?
Nationwide — the most affordable company for seniors
At $77 a month, Nationwide is the cheapest car insurance company for drivers in their 60s and can cover all of your bases when it comes to coverage.
Which insurance company is usually the cheapest?
USAA, Erie, Auto-Owners, and Nationwide have the cheapest average car insurance costs among companies we reviewed. To determine the cheapest companies, we analyzed rates from most national insurance companies in all 50 states.
Is Nationwide cheaper than State Farm?
State Farm: The verdict. Though Nationwide and State Farm offer a similar quality of coverage, State Farm has more affordable coverage. The company offers lower average rates across various driver categories, including coverage for teens, seniors, and people with less-than-perfect driving records.
Are State Farm rates negotiable?
Much like a utility service such as electricity or gas, you cannot negotiate a lower monthly car insurance payment.
Who is better than State Farm?
GEICO is cheaper and has better ratings than State Farm. Your experience with GEICO and State Farm will vary based on individual rating factors.
Is Allstate better than State Farm?
State Farm has higher customer service ratings for car insurance than Allstate. These include better ratings for overall satisfaction and claims satisfaction from J.D. Power. State Farm also gets a better complaint rating than Allstate, according to the National Association of Insurance Commissioners (NAIC).
Who gets the highest insurance rates?
Key takeaways. 18-year-old drivers on their own policy pay the highest car insurance premiums out of the age groups Bankrate analyzed. The most significant difference in premiums by gender occurs at age 18. On average, 18-year-old males cost 9 percent less to insure than their female counterparts.
Who is the most trustworthy insurance company?
Amica and USAA tied in Bankrate's analysis as the two best auto insurance companies overall. Geico ranks as the best car insurance company for high-risk drivers. Nationwide and Liberty Mutual are some of the best auto insurance companies for discounts and bundling.
How does State Farm rank in insurance companies?
State Farm is the biggest auto insurance company in the country by market share. Progressive, Geico and Allstate are the next three largest.
What's cheaper than Allstate?
Geico and USAA are among the insurance companies that are cheaper than Allstate.
How much is State Farm insurance per month?
The national average for State Farm auto insurance is $119 per month for full coverage and $54 per month for liability-only insurance.
What is the cheapest insurance for full coverage?
- Travelers — $112 per month. Travelers' full coverage averages $112 per month for comprehensive and collision coverages.
- USAA — $114 per month. USAA full coverage averages $114 per month for comprehensive and collision coverages.
- Nationwide — $123 per month.