Who gives the lowest car insurance rates?


Editorial team Published on

USAA offers the cheapest average car insurance rates nationwide, starting around $1,491 per year for full coverage, though membership is restricted to military families and veterans.

For drivers without military affiliation, Travelers and GEICO offer some of the lowest rates among nationwide providers, with minimum coverage averaging around $41 to $44 per month.

Cheapest Nationwide Providers

  • USAA: Lowest overall rates ($1,491/year for full coverage), restricted to military.
  • Travelers: Cheapest major nationwide insurer for full coverage (averaging about $138/month).
  • GEICO: Cheapest major nationwide insurer for minimum liability-only coverage (averaging about $41/month).
  • Erie Insurance: Very low regional rates and high customer satisfaction, though available in a limited number of states.

Top Ways to Lower Your Rates

  • Compare quotes: Use multi-quote platforms like Insurify to compare rates specific to your ZIP code.
  • Bundle policies: Combine your auto insurance with renters or home insurance.
  • Adjust coverage: Raise your deductibles or drop full coverage on older, paid-off cars if you can afford replacement out-of-pocket.
  • Maintain records: Keep a clean driving record and look into telematics safe-driving programs (like GEICO or Travelers apps).