Expert Insight
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Mallory Mooney
Director of Sales and Service
Drivers would want to consider more than just the lowest rate. They need to know insurers have the financial stability to pay claims and maintain steady rates that won’t jump around or increase significantly on renewal. In many industries, you get what you pay for. Insurance is no exception to this.
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Expert Insight
Buddy Parkhurst
Be sure to account for all household members when you’re seeking a quote to make sure the insurance company can rate and cover them properly. Besides helping you get an accurate quote, disclosing your household members protects you from a “material misrepresentation incident,” which could mean your insurer denies a claim or cancels your policy.
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Cheapest insurers for drivers with an incident
Having an incident on your record can raise your premium because insurers see that information as a risk factor for future accidents. Some insurance companies weigh certain incidents less heavily than others, so comparing quotes can help you find the best auto policy for you.
The cheapest overall insurers also tend to have the cheapest rates for drivers with incidents because their base rates are lower to begin with. Discounts, which aren’t reflected in quoted amounts, can also reduce rates significantly.
The cheapest national insurer for drivers with an incident is Auto-Owners. Its average monthly liability-only quotes are $41 for drivers with a speeding ticket, $43 for drivers with an at-fault accident, and $54 for drivers with a DUI.
The following table shows the cheapest insurers and their national average monthly liability-only rates for drivers with common infractions.
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Chase GardnerData Insights Manager
Chase spearheads analytics for Insurify’s data insights team. With his deep expertise in insurance data, Chase is often interviewed on industry trends.
Disclaimer: Table data sourced from real-time quotes from Insurify’s 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer’s unique driver profile.
Cheapest insurer for teen drivers: Auto-Owners
Companies consider teens riskier to insure because of their lack of experience and tendency toward risky driving behaviors. Most insurers offer discounts for being a good student and taking a driver’s education course.
Teens have the costliest premiums by age group, but if you keep a clean record, rates typically decrease once you turn 20 and continue decreasing from there, according to Insurify data. Insuring young drivers on an existing family policy could save you money and qualify you for a multi-vehicle discount.
Here are the average liability-only car insurance quotes from the cheapest companies for teen drivers insured on their own policy.
Chase GardnerData Insights Manager
Chase spearheads analytics for Insurify’s data insights team. With his deep expertise in insurance data, Chase is often interviewed on industry trends.
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Insurance Company  |
Average Monthly Quote |
|---|---|
| Auto-Owners | $55 |
| Root | $85 |
| GEICO | $88 |
| State Farm | $101 |
| Allstate | $123 |
| CSAA | $124 |
| Dairyland | $142 |
| The General | $163 |
| Nationwide | $164 |
| Travelers | $184 |
| Progressive | $184 |
| Bristol West | $194 |
| Safeco | $196 |
| State Auto | $198 |
| The Hartford | $201 |
| Farmers | $202 |
| Amica | $209 |
| National General | $219 |
| Foremost | $224 |
| Chubb | $259 |
| Liberty Mutual | $295 |
Disclaimer: Table data sourced from real-time quotes from Insurify’s 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer’s unique driver profile.
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Keep Reading: What Are the Best Cars for Teens to Drive?
Cheapest insurer for senior drivers: Auto-Owners
Insurance premiums typically decrease as you age and gain driving experience. Rates start to rise for drivers in their 70s since vision, mobility, and coordination changes can increase the risk of accidents.
Shopping around can help you find the best policy since some insurers offer discounts for senior drivers. For example, with GEICO, senior drivers in 30 states can apply for a guaranteed renewal policy, so you don’t have to worry about an insurance company deciding not to renew.
Below are the average minimum-coverage quotes from the cheapest companies for senior drivers.
Chase GardnerData Insights Manager
Chase spearheads analytics for Insurify’s data insights team. With his deep expertise in insurance data, Chase is often interviewed on industry trends.
|
Insurance Company |
Average Monthly Quote |
|---|---|
| Auto-Owners | $25 |
| State Farm | $39 |
| GEICO | $42 |
| Allstate | $48 |
| Root | $56 |
| The Hartford | $57 |
| Nationwide | $57 |
| CSAA | $57 |
| Progressive | $60 |
| Travelers | $67 |
| National General | $67 |
| Chubb | $72 |
| Dairyland | $74 |
| State Auto | $75 |
| Safeco | $78 |
| Farmers | $79 |
| The General | $83 |
| Bristol West | $88 |
| Foremost | $92 |
| Amica | $109 |
| Liberty Mutual | $142 |
Disclaimer: Table data sourced from real-time quotes from Insurify’s 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer’s unique driver profile.
Cheapest insurer for drivers with bad credit: COUNTRY Financial
Insurance companies typically use information from your consumer credit reports to generate a proprietary credit-based insurance score. This score helps them estimate your likelihood of filing a car insurance claim.
Generally, negative information in your credit history, like collections or overdue balances, can lower your credit-based insurance score and lead to higher car insurance rates.
Here are average monthly liability-only rates from top insurers for drivers with poor credit.
Chase GardnerData Insights Manager
Chase spearheads analytics for Insurify’s data insights team. With his deep expertise in insurance data, Chase is often interviewed on industry trends.
|
Insurance Company |
Average Monthly Quote |
|---|---|
| COUNTRY Financial | $19 |
| NJM | $39 |
| Auto-Owners | $53 |
| USAA | $55 |
| GEICO | $62 |
| Mile Auto | $66 |
| Metromile | $68 |
| Allstate | $75 |
| Root | $77 |
| State Farm | $83 |
| American Family | $85 |
| Erie | $86 |
| CSAA | $91 |
| Nationwide | $103 |
| Safeco | $106 |
| Mercury | $109 |
| Travelers | $111 |
| Direct Auto | $114 |
| Dairyland | $114 |
| National General | $117 |
| The Hartford | $118 |
| Progressive | $121 |
| Commonwealth Casualty | $124 |
| The General | $130 |
| State Auto | $131 |
| Farmers | $131 |
| 21st Century | $136 |
| Clearcover | $136 |
| Shelter | $137 |
| Bristol West | $137 |
| Foremost | $142 |
| GAINSCO | $150 |
| Elephant | $159 |
| Amica | $180 |
| AssuranceAmerica | $183 |
| Liberty Mutual | $194 |
| Infinity | $207 |
| Chubb | $209 |
| Hugo | $255 |
Disclaimer: Table data sourced from real-time quotes from Insurify’s 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer’s unique driver profile.
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