Shopping for car insurance but don’t know where to start? We will guide you through the entire process and show you the average rates from the largest insurers in the country and the reasons that affect your premiums. Car insurance comparison, car insurance rate comparison
If you want to save money on car insurance, comparative shopping is very important. Here’s why: Insurers look at similar things, but each insurer has their own “secret sauce” when it comes to rate setting. For this reason, two companies may charge at very different rates for the same driver.
Car insurance rate comparison
Each insurance company evaluates personal matters in its own way, and they hide their practices as much as possible – which is why we cannot tell you which company places more emphasis on location or a clear driving history than others. But to help you go, we can show you the lowest and average annual rates
Full coverage car insurance. To help shrink it further, we’ve shared average rates for drivers with different driving and credit histories.
For every state and every big auto insurance company. Although it is one of the largest insurers in the country, Liberty Mutual is not included in our rate analysis due to lack of publicly available information.
Why you can trust NerdWallet:
Our authors and editors follow strict editorial guidelines to ensure fairness and accuracy in our writing and data analysis. You can trust the prices we show you because our data analysts take strict measures to eliminate external and inaccuracies in the price data, including the coverage offered and the rate of each locale in the country where the data is available. When comparing rates for different coverage amounts, ages, and backgrounds, we make only one variable change at a time, so you can easily see how each factor affects the price. Read our method.
Compare car insurance rates by age
Your driving history is not the only factor that carriers look at when calculating your car insurance rate. Your age can have a big impact on what you pay. For example, you probably know that teenage drivers have the highest average car insurance rate, but they’re not the only ones. Drivers aged 75 and over have higher car insurance rates than most age groups of thirteen and over.
To get more insight, we compiled an average annual rate from nine of the 10 largest private passenger auto insurers in the country based on market share data from the National Association of Insurance Commissioners.
Drivers around the age of 20 usually get higher car insurance rates because as a group they get more accidents on average than older drivers.
Rates vary by company.
For example, full coverage from Geico costs 2,304 a year for a 20-year-old, while the average price from Allstate is $ 3,706.
Below you can compare annual rates for 20-year-old by company and state. Rates are averaged across the country separately for full and minimum coverage
The average car insurance rate for a 20-year-old driver varies significantly from state to state. Some states, such as Hawaii and North Carolina, have an average annual rate of less than 5 1,530 for full coverage. Other states, such as Louisiana and Nevada, charge an average of more than $ 5,000 a year for the same driver.
Compare minimum and full coverage rates for 35-year-old
Drivers around the age of 35 see rates much cheaper than 20-something. Since this age group has fewer accidents than younger drivers, they can usually get lower rates. In addition to USAA, which is only available to military, veterans and their families, Geico offers a minimum price for full coverage for 35-year-olds at an average of $ 1,233.
Allstate averages 1,994.
Compare the national average annual car insurance rates for 35-year-old by company and the state below. Keep in mind that not all of these companies are available in every state.