Finding the right car insurance can be a daunting task. With so many companies offering different coverage options and rates, it can be hard to know which one is the best for you. Fortunately, Forbes Advisor has done the research for you and found that USAA and Geico are the cheapest car insurance companies. State Farm and Geico are also the top cheapest auto insurance companies in the country.
The best way to get cheap car insurance is to compare quotes from several affordable insurers. You can start your search with WalletHub's selections to find the cheapest car insurance overall and by category. In Forbes Advisor's rankings of the best auto insurance companies, Geico, Nationwide, Travelers and USAA ranked first when weighing rates, coverage options, complaints and collision claims. If you have a recent accident, a speeding ticket or have been driving under the influence of alcohol, you may be able to get cheaper car insurance quotes.
It's also important to consider if your old car is a popular model among thieves, has hard-to-find spare parts or is a luxury car or high-end sports car. These factors can affect your insurance rates. Your deductible is what is subtracted from the settlement check if you file a collision or comprehensive insurance claim. No state requires you to have collision insurance or comprehensive insurance, so you'll have to decide if you want the additional protection offered by these options.
Even if you don't want to change companies, it's smart to make sure you get all the car insurance discounts available.In most states, minimum car insurance coverage is the cheapest option available since it only pays for other people's medical bills and property damage in accidents you cause. If you want the best of the cheapest, check out NerdWallet's summary of the best cheap car insurance companies. As the fifth largest auto insurance company in the country, USAA serves nearly as many drivers as other big names like Progressive and Allstate.It's important to remember that more than a quarter of car owners (28%) haven't compared car insurance quotes or aren't sure if they have. Comparing quotes from different insurers can help you find the best coverage for your needs at an affordable price.