Content of the material
- Why comparing auto insurance quotes is important
- What Is the Cheapest Car Insurance?
- What Factors Influence My Car Insurance Quotes?
- Your driving history
- Your vehicle
- Your location
- Your driving experience
- Other pricing factors
- Other drivers on your policy
- Should I Get Additional Policy Coverage?
- Compare car insurance rates by credit score
- Frequently asked questions
- How to Avoid Rates Going Up After Getting a Ticket or Being in an Accident
- Tips to Make Comparison-Shopping a Better Experience
- Comparing auto insurance rates can save you money
- Can you save money by switching?
- Average Monthly Car Insurance Overpayment By State
- Car Insurance Quote vs Policy Rate: The Difference Explained
- Whats the bottom line?
- How does credit score impact auto insurance rates?
- Why You Should Use insuranceQuotes
- How to keep car insurance rates low
- How to shop for car insurance quotes
- Step 1: Gather your information
- Step 2: Decide what level of coverage you need
- Step 3: Request car insurance quotes
- Step 4: Purchase a policy
- Learn More About Comparing Car Insurance
- How to Find Cheap Auto Insurance Online
- How to Get Cheaper Car Insurance
- Factors That Affect Your Car Insurance
- Collision vs. Comprehensive: What Coverage Do I Need?
Why comparing auto insurance quotes is important
You’re looking to save money on car insurance, and you know you have to comparison shop to find the best deal.However, many auto insurance quote comparison websites can’t sell you insurance. Instead, they make money by selling your personal information to insurance companies and brokers.When you let Gabi do the comparison shopping for you, we handle everything. Like a true concierge service, we’ll find the best price, contact the insurance company, and get your policy set up.Table of Contents:
What Is the Cheapest Car Insurance?
Our analysis of the best cheap car insurance nationwide found that, on average, USAA has the cheapest car insurance quotes. But USAA auto insurance is only available to active members of the military, veterans and their families.
If you don’t qualify for a policy through USAA, our analysis found that Erie, Geico and State Farm offer competitive rates, based on nationwide averages. It’s still good to get quotes from multiple companies because the cheapest car insurance companies can vary depending on your state, driving record and more.
What Factors Influence My Car Insurance Quotes?
There are several factors that play a role in car insurance quotes. Here are some of the most common pricing factors:
Your driving history
Drivers with a clean driving history will pay less than drivers who have traffic violations and at-fault car accidents on their records. Car insurance companies tend to look at the last three to five years of your driving history, depending on your state.
The type of car you drive impacts your quote. Certain safety features (like air bags and rear backup cameras) and anti-theft features could help reduce your auto insurance quotes.
Where you live plays a significant role in rates. For instance, drivers in urban areas tend to file more car insurance claims, which usually translates into higher rates.
Your driving experience
Younger and inexperienced drivers (like teens) will pay more than drivers with years of experience under their belts.
Other pricing factors
Car insurance companies also often look at factors, such as gender, age, occupation, marital status, home ownership and credit. State law sometimes dictates that certain factors can’t be used. For example, California, Hawaii, Massachusetts and Michigan ban the use of credit scores in car insurance quotes.
Other drivers on your policy
If you have other drivers in your household, their driving records will impact your rate. For example, if you add a teen driver to your policy, be prepared for a significant bump in car insurance premiums.
Should I Get Additional Policy Coverage?
Each individual or family will have different needs when evaluating auto insurance choices. Beyond basic coverage, you can customize your policy with additional car insurance options to give you more protection. Some additional policy options include comprehensive, collision, medical payments, or roadside assistance coverage. InsuranceQuotes is full of information on your car insurance needs and choices.
Compare car insurance rates by credit score
In most states, your credit tier will affect your car insurance premium. Generally, drivers with lower credit-based insurance scores tend to file more claims and are thus viewed as a higher risk by carriers. California, Hawaii, Massachusetts and Michigan ban the use of credit as an auto insurance rating factor and Maryland, Oregon and Utah limit the use of credit when determining auto insurance rates.
|Poor credit||Average credit||Good credit||Excellent credit|
|National average annual full coverage premium||$3,002||$1,907||$1,771||$1,556|
Frequently asked questions
You can compare car insurance prices by using multiple online quote tools or by working with an insurance agent who will gather prices on your behalf. But the best way to compare car insurance rates is to use ValuePenguin’s quoting tool.
Every driver will get a different price for insurance based on where they live, what kind of car they own and their driving history, and they will find a different price at each insurer as well. The only way to find the best price for you is to get multiple quotes from different insurers, and doing so only takes a few minutes.
Ideally, you should compare insurance on an annual basis to make sure you’re always getting the best rate for you. But at the very least you should shop for quotes any time something about your life changes that could affect your rates. This includes buying a new car, moving, having a driver added to or removed from your policy, receiving a ticket or being involved in an accident.
Insurers charge different rates for every driver, so there’s no single best and cheapest insurer for everyone. We found that among major insurers, State Farm, Farm Bureau and USAA tend to have the best prices nationally.
To compare insurance quotes, you’ll need your home address, the make and model of your car and a record of any recent tickets or driving incidents. You may also want your Social Security or driver’s license number and VIN for the most accurate quote.
On average, drivers across the country pay $875 per year for minimum coverage insurance and $1,954 per year for full coverage insurance. However, rates vary based on where you live , your driving record and your age.
How to Avoid Rates Going Up After Getting a Ticket or Being in an Accident
If you’ve recently been in an accident or gotten a ticket, you’re probably worried about its effect on your car insurance rates. These incidents could cause you to lose a good driver discount or put a stain on your squeaky clean driving record. However, you can do a few things to avoid seeing an increase in your insurance premiums:
- Ask about accident forgiveness: Offered by several insurers, accident forgiveness insurance is when your insurance company will remove a single at fault accident from your record when calculating your insurance rates. You can only use it once every few years, so do so wisely.
- Raise your deductible: If your insurance rate increases, you can bring it back down by raising your deductible. While a higher deductible can save you money on your monthly premiums, make sure you can afford to pay it out of pocket if you have to file a claim. If you’re not sure how much you’ll save by raising your deductible, use Compare.com to play around with some numbers to see how much you’ll save.
- Take a defensive driving class: A defensive driving class probably isn’t your idea of fun, but it could help you get a discount on your insurance premium. Ask your insurer about which state-approved defensive driving classes will help you qualify.
- Ask about other discounts: Ask your insurer about additional discounts that apply to your situation. For example, if you drive less than the national average (12,000 miles), you might qualify for a usage-based discount.
- Shop around and compare rates: Shopping around for insurance after a ticket or accident can help you find cheaper rates with another insurer. They might offer discounted rates for specific coverage or allow you to only pay for the insurance you need.
Tips to Make Comparison-Shopping a Better Experience
Comparison-shopping for car insurance coverage is one of those time-consuming tasks that most drivers hate. But it doesn’t have to be so bad.
Follow these tips to make comparison-shopping easier and more fruitful:
- Gather basic information like driver’s license numbers, VINs, and previous policy coverage limits ahead of time.
- Determine your coverage needs and if comprehensive or collision insurance is right for your situation.
- Shop on reputable insurance comparison sites that provide real-time quotes, like Insurify.
- Ask about discounts and other ways to lower premiums.
- Be prepared to pay the policy in full or pay a down payment and set up a monthly payment plan.
Keep in mind that new cars are generally more expensive to insure than older cars. Teen drivers, young drivers, and drivers with speeding tickets and other infractions on their driving records also tend to pay more.
However, with good information at your fingertips, you’ll be better equipped to choose a great rate on car insurance coverage. It’s important to look at the customer reputation of the insurance comparison platform you choose to use. Insurify is the most-rated and top-rated insurance comparison marketplace on the internet.
Comparing auto insurance rates can save you money
Gabi takes the effort out of comparison shopping by letting you link your current insurance account. We can automatically analyze your policy to determine information about your coverage, car, and the drivers on your policy.We can then look for a better rate—with equal or better coverage—from other insurance companies. Within a few minutes, we’ll let you know if you’ve got the best deal, or if you can save money by switching.Unlike some car insurance comparison tools, we also offer renters and home insurance quote comparisons. Using these, you can determine whether you’ll save money by bundling your auto and home insurance, or if you can save the most by using two companies.
Can you save money by switching?
Many people are overpaying for their insurance and don’t realize it because they haven’t looked for a better deal. You can keep your same car, driving habits, record, and coverage, and still save money simply by switching insurance providers.We’ve analyzed how much Gabi users could save to figure out the average overpayment from drivers in every state.
Average Monthly Car Insurance Overpayment By StateStateAverage overpayment amount
Car Insurance Quote vs Policy Rate: The Difference Explained
An auto insurance quote is an estimate of what a policy rate will be based on the info you give and the requested coverages and limits. If complete information isn’t provided when you get the quote or coverage information changes, the rate for your actual policy may change.
Here’s some examples of things that could cause differences between the quote amount and the policy rate.
- If you start a quote with your vehicle, make, and model but no vehicle identification number (VIN), your rate may change after you enter the full VIN.
- If you don’t provide details about accidents you’ve been in (even minor ones), your policy rate may be higher.
- If you forget to provide details about the driving history for the drivers under the policy, that may lead to a higher rate.
If you’re preparing to get a quote, make sure you have all the accurate and complete information to make the process easier. You’ll need:
- A valid driver’s license
- Vehicle Identification Number (VIN) for all vehicles
- Address where the vehicle will be stored
- Driving history for you and any other drivers
Whats the bottom line?
To get the best insurance rates, you need to comparison shop. Wondering how to get multiple auto insurance quotes? Let’s go over the basics:
- Use an online quote comparison tool like the one on this page to get multiple car insurance quotes.
- Fill out the online tool as accurately as possible so your quotes are correct.
- Compare auto policy quotes and coverages from different companies with your current insurance policy.
- Choose your new policy based on those quotes from multiple companies.
When you get multiple auto insurance quotes, you’re able to best determine which rates fit within your budget. Get free auto quotes online by using a comparison tool like ours. You can compare multiple car insurance quotes at once and affordable auto insurance online.
How does credit score impact auto insurance rates?
Many auto insurance companies believe that if you have a good credit score, you will be less likely to file an insurance claim. This will cost the company less money.
Those with a better credit score will often receive lower rates on the same coverages. The chart below compares rates from top companies based on credit score.
Average Annual Auto Insurance Rates by Credit Score CompaniesAverage Annual Rates Based on Good CreditAverage Annual Rates Based on Fair CreditAverage Annual Rates Based on Poor Credit Allstate$3,859.66$4,581.16$6,490.65 American Family$2,691.74$3,169.53$4,467.98 Farmers$3,677.12$3,899.41$4,864.14 GEICO$2,434.82$2,986.79$4,259.50 Liberty Mutual$4,388.18$5,604.24$8,802.22 Nationwide$2,925.94$3,254.83$4,083.29 Progressive$3,628.85$3,956.31$4,737.64 State Farm$2,174.26$2,853.00$4,951.20 Travelers$4,058.97$4,344.10$5,160.22 USAA$1,821.20$2,219.83$3,690.73 Get Your Rates Quote NowCompare RatesStart Now →
As you can see, those with poor credit scores often pay much more than those with good scores.
Why You Should Use insuranceQuotes
15 Million+ Quotes per year 100 Million+ Shoppers helped per year $500 Million+ Saved per year Saving on my auto insurance policy was as easy as 1,2,3! I’m still amazed at how simple the whole process was and how little of my time it took. Got a brand new car insurance policy for my family AND saved money in a matter of minutes. Bosley D. Atlanta, Georgia All the info I needed to make the right choices about my insurance InsuranceQuotes gave me a ton of information at my fingertips to make decisions about my insurance needs. Shopping for auto led me to renters and I’m now bundling with great rates and better coverage. Katherine S. Seattle, Washington
How to keep car insurance rates low
You won’t be able to control every factor that affects your car insurance quotes, but there are things you can do to get cheaper rates. You can keep car insurance rates low by improving your driving habits and credit score, looking for discounts and trying usage-based insurance.
- Improve your driving habits. Avoiding speeding tickets and at-fault accidents will pay off over time. You can also participate in a usage-based safe driving program with most leading insurance companies. Enroll in Progressive’s Snapshot® or State Farm’s Drive Safe & SaveTM if you’re confident in your driving ability. Some telematics insurance programs can raise your rates if you demonstrate poor driving behaviors, so make sure you’re prepared before signing up.
- Improve your credit score. If you can demonstrate that you are financially responsible, you’ll get lower auto insurance quotes.
- Look for car insurance discounts. You can save money by insuring multiple vehicles or bundling homeowners and auto insurance with most providers. Many companies also offer policy discounts for things like being a new driver, getting good grades as a student, completing a defensive driving course and having a clean driving record.
- Try pay-per-mile car insurance. If you don’t drive much, pay-per-mile insurance from a provider like Metromile can be a great choice. Your mileage is used to determine your car insurance rates. With pay-per-mile insurance, you usually pay a base rate per month plus a rate per mile driven.
Even if you use all of these tips, you can still end up paying too much for coverage if you only get auto insurance quotes from one provider. Without comparing options, there’s no way to know if a company is giving you the cheapest rate.
How to shop for car insurance quotes
Let’s break down the process of shopping for car insurance quotes into a few steps.
Step 1: Gather your information
No matter which way you decide to get insurance quotes, you’ll have to provide a few pieces of information. Have the following ready before you start shopping:
- Information for each driver in your household, including driver’s license numbers, dates of birth and occupations
- Vehicle information including the make, model, mileage and vehicle identification number (VIN)
- Average miles driven per year
- Driving history
- Current coverage information
Step 2: Decide what level of coverage you need
The next step is to decide on the level of coverage you want. Unless you live in New Hampshire, your state requires a basic level of bodily injury and property damage liability insurance coverage. This pays for damage you cause to other drivers. Your state may also require some level of medical coverage or underinsured/uninsured motorist coverage.
Getting a policy that meets your state’s minimum liability limits is the cheapest option, but it may not provide high enough limits to cover serious accidents. It also doesn’t cover your car when you cause an accident or encounter environmental damage.
To get full coverage, you’ll want to add comprehensive and collision coverage. Like liability coverage, you can choose different limits for these types of insurance. Higher limits give you more protection but also cost more. Lenders usually require you to maintain full coverage on a vehicle with an auto loan.
Step 3: Request car insurance quotes
Once you have your information ready and know what you’re looking for, you can start shopping for insurance quotes. You can use a quote comparison tool, get quotes online from companies, call companies on the phone, visit a branch in person or work through an insurance broker. Here are some details on each of these options:
- Quote comparison tool: With a comparison tool, you can enter your information once and compare car insurance quotes from providers in your area. In our 2022 car insurance survey polled 1,000 respondents, 30% stated they used a quote comparison tool, making it the most popular way to shop for car insurance coverage.
- Direct online quote: You can get free, instant quotes from many providers’ websites, but you’ll have to visit each company’s site one by one. Just over 24% of respondents reported reaching out to providers directly online for quotes.
- Quote by phone: Calling an auto insurance company can give you a more personalized service experience and help you gauge its customer care. Insurance agents generally help you pick out a policy and make sure you’re getting all the auto insurance discounts you’re eligible for. Our survey showed that 20% of the 1,000 people polled preferred calling companies directly.
- In-person quote: You can get a quote by visiting your local insurance office. Be prepared to bring necessary documents with you. While slightly less popular than other options on this list, nearly 16% of respondents would rather talk to an insurance agency or use a broker when shopping for car insurance.
- Car insurance broker: A broker works as a middleman between insurers and customers to get you the best deal. This can be a hands-off way of shopping. However, brokers can sometimes charge a fee and may work on commission, so they have an incentive to recommend full coverage policies.
Step 4: Purchase a policy
When you’re happy with the coverage and pricing you’ve found, you can purchase that policy online, over the phone or in person. You can get same-day insurance after you make the first payment, or you can schedule it to start on a future date. Be sure to overlap your new car insurance policy with your current coverage by one day to avoid any lapse in coverage.
Learn More About Comparing Car Insurance
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