Contents
Compare car insurance rates by state
insurance is regulated on a express level, and comparing car policy rates by express can show how drastically department of state regulations affect the price of car insurance where you live. We compiled the average price of car insurance for all 50 states and Washington, D.C., and found the cheapest insurance company for each .
|
State |
Cheapest major insurer |
Average annual rate |
Average monthly rate |
|---|---|---|---|
| Alabama | State Farm | $554 | $46 |
| Alaska | State Farm | $359 | $30 |
| Arizona | State Farm | $653 | $54 |
| Arkansas | Farm Bureau | $361 | $30 |
| California | Geico | $390 | $33 |
Show All RowsCompare Rates
Compare car insurance rates by accident history
On modal, indemnity rates increase by 47 % after an at-fault accident. however, not all insurers increase premiums by the lapp total .
Drivers insured with Geico see the largest increase in rates after an accident, while State Farm tends to penalize drivers less .
Costs are for a full coverage policy. Sample accident is the fault of the driver, causing $2,000 in property damage.
Rate increase after an accident by state
Where you live besides affects your cable car policy rate after an accident. Drivers in Pennsylvania are fortunate : Their rates merely go up by 17 % after an accident, on average. insurance rates in California double after an accident — the highest increase in the nation .
|
State |
Clean record |
After accident |
Difference |
|---|---|---|---|
| Alabama | $1,739 | $2,644 | 52% |
| Alaska | $1,433 | $1,984 | 38% |
| Arizona | $2,219 | $3,274 | 48% |
| Arkansas | $1,709 | $2,670 | 56% |
| California | $2,019 | $4,139 | 105% |
Show All RowsCompare Rates
Compare car insurance rates by age
Age is a major agent when compare cable car policy rates. Younger drivers pay relatively more for car policy than older drivers because policy companies consider them to be the riskiest drivers .
Taking three specific ages as an model — 18, 25 and 30 — you can see how insurance rates change over the course of the modal young adult ‘s drive biography .
- An 18-year-old driver pays an average of $6,777 per year for full coverage car insurance.
- The same driver at 25 years old pays $2,184 per year for car insurance, a decline of 68%.
- But as drivers reach adulthood, rates tend to level out. The same driver pays $1,922 per year at 30 years old, only 12% less than a 25-year-old but easily the lowest car insurance rate of this group.
Age 18 Age 19 Age 20 Age 21 Age 22 Age 23 Age 24 Age 25
Age 18
Age 19
Age 20
Age 21
Age 22
Age 23
Age 24
Age 25
car insurance rates generally decline as you age but then spike again in your late years, as senior drivers pose a higher risk than middle-aged drivers .
Compare car insurance rates by credit score
Drivers with excellent credit wage approximately one-half as much for cable car policy compared to those with poor people credit .
credit scores can be a key divisor in determining your car policy quote. indemnity companies use a proprietary calculation — called a credit-based insurance score — to rate their customers. Policyholders with well credit scores tend to pay lower cable car indemnity premiums, while those with inadequate credit rating scores tend to pay higher premiums, all else equal .
Annual insurance rates from select insurers for poor and excellent credit ratings
|
Insurer |
Poor credit |
Very good credit |
Difference |
|---|---|---|---|
| Nationwide | $2,698 | $1,772 | -34% |
| Farmers | $3,650 | $2,182 | -40% |
| Allstate | $3,431 | $2,016 | -41% |
| Geico | $2,619 | $1,531 | -42% |
| American Family | $2,707 | $1,481 | -45% |
| Farm Bureau | $2,555 | $1,397 | -45% |
| USAA | $1,958 | $1,011 | -48% |
| Progressive | $3,214 | $1,618 | -50% |
| Travelers | $3,208 | $1,511 | -53% |
| Erie | $2,846 | $1,051 | -63% |
| Auto-Owners | $3,072 | $1,029 | -67% |
| State Farm | $2,859 | $874 | -69% |
State Farm provides the biggest discount rate for excellent credit profiles, decreasing its rates by 69 %. On the other hand, Nationwide provides the smallest discount rate, entirely decreasing rates by 34 % for drivers with an excellent citation history alternatively of a poor one .
Some states have outlawed the manipulation of accredit scores in determining indemnity rates. If you live in one of these states, your rates will be the same regardless of your credit score .
Find Cheap Auto Insurance Quotes in Your Area
presently insured ?
It’s free, simple and secure.