Cheap Full Coverage Auto Insurance
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Full coverage auto insurance covers a lot of situations, but it can also cost more than double the price of minimum-required coverage. That’s why it pays to shop around.
State Farm has the cheapest full coverage car insurance among the country’s largest insurers, with an average annual rate of $1,431, or $119 a month, according to NerdWallet’s analysis.
But which company has the cheapest full coverage insurance you can get will depend on multiple factors, like your age, location and driving record. To help narrow down your options, NerdWallet looked at average rates among the country’s largest insurers, using a variety of driver profiles.
Cheap full coverage auto insurance companies
Full coverage isn’t a specific type of policy, but a combination of coverage types that typically includes liability coverage as well as comprehensive and collision insurance. If you have a loan or lease, your lender will probably require you to have full coverage insurance.
Full coverage auto insurance can be pricey. If you’re looking for the cheapest car insurance, period, check out NerdWallet's analysis of cheap car insurance for state-mandated minimum coverage.
But if you’re interested in cheap full coverage auto insurance, here are average annual prices for full coverage insurance from six of the seven largest car insurance companies, nationwide:
State Farm: $1,431 per year.
Geico: $2,009 per year.
Progressive: $2,075 per year.
Farmers: $2,807 per year.
Allstate: $3,110 per year.
USAA*: $1,120 per year.
*USAA isn’t ranked because it is available only to active military, veterans and their families.
On average, you can save close to $1,700 a year by picking the cheapest company available instead of the most expensive — and that’s only considering six of the biggest auto insurers in the nation.
Going with a smaller, regional insurer can often save you even more. While state availability can be limited, smaller companies can often be cheaper than a large insurer. For example, the average rate for full coverage insurance from American National is $892 per year, while Vermont Mutual has an average rate of $1,207 a year.
Although it’s one of the largest insurers in the country, Liberty Mutual is not included in our analysis because it does not provide rate data.
Cheap full coverage car insurance companies by state
Your location can have a big effect on how much you pay for full coverage auto insurance. For example, our average car insurance cost analysis showed that drivers in Florida pay almost three times more for full coverage insurance than those in Maine.
Looking for the most affordable full coverage insurance in your state? Here are the cheapest insurers, on average, in all 50 states and Washington, D.C.
State | Cheapest company | Average annual full coverage rate |
|---|---|---|
Donegal | $1,381 | |
State Farm | $1,187 | |
Noblr | $771 | |
Shelter | $1,065 | |
Mercury | $1,023 | |
American National | $842 | |
State Farm | $1,478 | |
State Farm | $1,585 | |
State Farm | $1,731 | |
Central Insurance | $1,075 | |
State Farm | $1,022 | |
American National | $449 | |
Hastings Mutual | $909 | |
Hastings Mutual | $669 | |
Hastings Mutual | $692 | |
Shelter | $1,182 | |
Shelter | $1,412 | |
Southern Farm Bureau Casualty | $1,949 | |
Concord Group | $733 | |
Penn National | $1,442 | |
Geico | $899 | |
Secura | $984 | |
Farm Bureau Financial Services | $819 | |
Progressive | $1,205 | |
Missouri Farm Bureau | $1,175 | |
State Farm | $1,172 | |
American National | $606 | |
CIG | $1,442 | |
Concord Group | $813 | |
Geico | $1,473 | |
Central Insurance | $956 | |
Main Street America | $1,031 | |
North Carolina Farm Bureau | $982 | |
State Farm | $1,087 | |
Central Insurance | $614 | |
American Farmers & Ranchers | $1,493 | |
State Farm | $954 | |
Travelers | $1,031 | |
Travelers | $1,502 | |
American National | $596 | |
Kemper | $962 | |
Auto-Owners | $1,009 | |
Redpoint County Mutual | $974 | |
QBE | $1,143 | |
State Farm | $849 | |
Eerie | $889 | |
Pemco | $758 | |
Erie | $1,085 | |
Erie | $1,398 | |
Secura | $916 | |
American National | $661 |
Cheap full coverage auto insurance for accidents and DUIs
Among large insurers, State Farm has the cheapest full coverage insurance rates, on average, for non-military drivers who caused an accident or have a DUI.
Here are average full coverage rates from some of the largest insurers in the nation for drivers with one at-fault accident or a DUI.
Company | Average annual full coverage rate for drivers with one at-fault accident | Average annual full coverage rate for drivers with one DUI |
|---|---|---|
State Farm | $1,833 | $2,370 |
Progressive | $3,029 | $2,623 |
Geico | $3,216 | $4,464 |
Farmers | $3,953 | $3,838 |
Allstate | $4,405 | $4,190 |
USAA* | $1,590 | $2,159 |
*USAA is available only to military, veterans and their families. | ||
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.
It pays to shop around and compare quotes from multiple companies, including smaller insurers. Sometimes a lesser-known company may be able to save you even more. As an example, American National’s average full coverage rate for drivers with one at-fault accident is $1,190, while drivers with a DUI have an average rate of $1,265.
» MORE: The best cheap car insurance
Cheap full coverage car insurance for drivers with poor credit
Drivers may not realize that their credit history can affect car insurance costs, sometimes drastically. Insurers use credit-based insurance scores to determine how likely you are to file a claim. A credit-based insurance score takes into account a driver’s credit history when pricing rates.
It doesn’t matter if you have a minimum-required policy or full coverage car insurance — if you have poor credit, you’ll often be charged higher insurance rates. California, Hawaii, Massachusetts and Michigan don’t allow insurers to use credit when determining car insurance rates.
However, finding cheap full coverage auto insurance is still possible even with poor credit. You’ll just want to compare car insurance rates to find the most affordable policy.
Drivers with poor credit who prefer a large insurer may want to consider Geico. The company has the most affordable average rates for good drivers with poor credit.
Here are average full coverage rates from some of the largest auto insurance companies for drivers with poor credit.
Company | Average annual full coverage rate for drivers with poor credit |
|---|---|
Geico | $2,895 |
State Farm | $3,484 |
Progressive | $3,540 |
Farmers | $4,235 |
Allstate | $4,408 |
USAA* | $1,990 |
*USAA is available only to military, veterans and their families. | |
Be sure to shop around and compare quotes from multiple insurers, including lesser-known companies. Sometimes a smaller company will offer a cheaper rate than a larger insurer. For example, drivers with poor credit may be able to get full coverage from Secura for as low as $1,381 per year, on average. That’s about $1,500 cheaper than Geico.
The best full coverage car insurance
Price is likely a major factor when deciding what company to choose, but it shouldn’t be the only one.
If you want cheap full coverage auto insurance without sacrificing customer service, take a look at NerdWallet’s best car insurance companies below, ranked by average car insurance rate. Keep in mind that not all companies will offer policies in every state.
Company | Average annual full coverage rate | NerdWallet star rating |
|---|---|---|
State Farm | $1,562 | 5.0 NerdWallet rating |
Auto-Owners | $1,610 | 5.0 NerdWallet rating |
NJM | $1,622 | 5.0 NerdWallet rating |
American Family | $1,708 | 5.0 NerdWallet rating |
Country Financial | $2,000 | 5.0 NerdWallet rating |
Nationwide | $2,300 | 5.0 NerdWallet rating |
Progressive | $2,368 | 5.0 NerdWallet rating |
Auto Club Group | $4,004 | 5.0 NerdWallet rating |
Amica | $4,514 | 5.0 NerdWallet rating |
Comparing full coverage car insurance quotes
When you shop for car insurance from different carriers, it’s important to compare car insurance quotes for the same coverage. Otherwise, you might think you got a good price from one provider, only to discover that your coverage is lacking when you need to actually file a claim.
When comparing full coverage insurance quotes, be sure to:
Use the same deductibles and liability limits across quotes to compare prices for the same coverage. And when choosing collision and comprehensive deductibles, stick to an amount you could afford after a crash. A deductible is the amount of money you’re responsible for in the event of a claim.
Compare add-on coverage details. Options like gap insurance, accident forgiveness and pet injury coverage vary from one insurer to the next. Be sure to check each company’s website for details and restrictions.
Provide the same information every time. If you’re using multiple tools to get quotes, make sure the drivers, cars, address and driving history all match.
AUTO INSURANCE RATINGS
NerdWallet’s auto insurance ratings reward companies for customer-first features and practices. Ratings are based on weighted averages of scores in several categories, including financial strength, consumer complaints and discounts. Our “ease of use” category looks at factors such as website transparency and how easy it is to file a claim. Using our editorial discretion, we also consider customer satisfaction surveys. These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you. NerdWallet does not receive compensation for any reviews. Read our editorial guidelines and full ratings methodology for auto insurance.
AVERAGE RATES
NerdWallet averaged rates based on public filings obtained by pricing analytics company Quadrant Information Services. We examined rates for men and women for all ZIP codes in any of the 50 states and Washington, D.C. Although it’s one of the largest insurers in the country, Liberty Mutual is not included in our rates analysis due to a lack of publicly available information.
In our analysis, “good drivers” had no moving violations on record; a “good driving” discount was included for this profile. Our “good” and “poor” credit rates are based on credit score approximations and do not account for proprietary scoring criteria used by insurance providers.
These are average rates, and your rate will vary based on your personal details, state and insurance provider.
Sample drivers had the following coverage limits:
$100,000 bodily injury liability coverage per person.
$300,000 bodily injury liability coverage per crash.
$50,000 property damage liability coverage per crash.
$100,000 uninsured motorist bodily injury coverage per person.
$300,000 uninsured motorist bodily injury coverage per crash.
Collision coverage with $1,000 deductible.
Comprehensive coverage with $1,000 deductible.
In states where required, minimum additional coverages were added. We used the same assumptions for all other driver profiles, with the following exceptions:
For drivers with minimum coverage, we adjusted the numbers above to reflect only the minimum coverage required by law in the state.
We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit. In states where credit isn’t taken into account, we used only rates for “good credit.”
For drivers with one at-fault crash, we added a single at-fault crash costing $10,000 in property damage.
For drivers with a DUI, we added a single drunken driving violation.
We used a 2020 Toyota Camry L in all cases and assumed 12,000 annual miles driven. We analyzed rates for drivers of the following ages: 20, 30, 35, 40, 50, 60 and 70.
These are rates generated through Quadrant Information Services. Your rates will be different.
