Cheapest Car Insurance Companies of October 2024

The cheapest car insurance starts at $30 a month, according to NerdWallet's rate analysis.

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Updated · 8 min read
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Written by Ben Moore
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Key insights 💡

  • The top five cheapest car insurance companies in the United States are Geico, Travelers, State Farm, American Family and Progressive, according to NerdWallet's September 2024 analysis of large insurers.

  • Geico offers the cheapest minimum coverage, with an average rate of $349 a year.

  • Geico offers the cheapest full coverage, with an average rate of $1,296 a year.