The cheapest car insurance by state ranges from $697 per year in Alabama to $274 per year in Wyoming, with annual premiums in some states as high as $1,908. In the 10 most populous states, Geico is the cheapest insurer in four states, while Clearcover is the cheapest in two states.
*Premiums reflect the cost of minimum coverage. To see the cheapest companies in other states, click here.
To maximize your car insurance savings, we recommend comparing quotes from at least three insurers before purchasing a policy. You should also look for car insurance discounts to ensure that you’re getting the lowest price possible. Lastly, keep in mind that the cheapest company on average won’t always be the cheapest for you personally. Many factors affect car insurance premiums including your age and driving history.
The cheapest states for car insurance are Iowa, Vermont and Nebraska, according to WalletHub's Cheap Car Insurance Study. They are the cheapest states for auto insurance in large part because they have low population density and relatively few uninsured motorists. In contrast, New York, Florida and New Jersey are the most expensive states for car insurance.
Population and uninsured motorists are the two main reasons for variations in policy costs from state to state. After all, fewer people...
Car insurance in Kentucky is expensive because the state has more traffic fatalities than average, with 1.36 deaths per 100 million miles driven (compared to the national average of 1.1). In Kentucky, you can expect to pay around $4,834 per year for full coverage car insurance, compared to the national average of $4,211 per year. Car insurance in Kentucky is more expensive than the national average, which is around $4,211 per year for full coverage and about $1,407 per year for minimum coverage.
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