The cheapest full coverage car insurance companies are Esurance, Geico, and Mercury, according to WalletHub’s analysis. Full coverage car insurance costs an average of $4,211 per year, which is more than three times the average cost for state-minimum coverage, so it’s important to find a cheap provider.
Cheapest Full Coverage Car Insurance
Cheapest Full Coverage Car Insurance Companies
The cheapest full coverage car insurance company is Esurance. Esurance offers 10 possible discounts, including savings for safe vehicles, customers with no at-fault accidents, and drivers who use its telematics program, DriveSense.
Esurance has also received high user ratings on WalletHub, earning 3.6 out of 5 stars on average. However, Esurance has an NAIC rating of 3.18, which means it has received many more customer complaints than the average insurer.
Geico provides the second cheapest full coverage insurance, and it offers an impressive 16 possible discounts. WalletHub’s editors also note Geico’s streamlined claims process and its many types of insurance, which can help drivers save by bundling car insurance with coverage for their homes or other vehicles.
Car insurance from Mercury is available in 11 states, including California, Florida, New York, and Texas. Customers can save with multi-policy, multi-vehicle, and good-student discounts, among others. Mercury also offers specialty coverage options that include mechanical protection, commercial auto insurance, and ride-hailing coverage.
USAA is only available to veterans, members of the military, and their families, but its policies provide good value if you qualify. USAA also advertises discounted deployment rates that apply to servicemembers posted anywhere overseas. In addition, USAA offers supplemental options like extra passenger protection and rideshare coverage.
Progressive regularly ranks among the cheapest insurers in WalletHub studies, and full coverage is no exception. Customers can also benefit from a variety of discounts, including auto-pay, sign online, and continuous coverage discounts. On the other hand, the company’s high NAIC rating indicates more customer complaints than the average insurer.
21st Century Insurance
21st Century Insurance
21st Century Insurance offers low prices accompanied by generous discounts such as good student, mature driver, and multi-car savings discounts. Car insurance customers can also benefit from a multi-policy discount if they purchase another type of insurance from 21st Century, such as renters, homeowners, or motorcycle insurance. In addition, specialty coverage types include classic car and recreational vehicle insurance.
AAA car insurance offers low prices, though drivers must be AAA members to qualify. Membership fees vary by state, and the company’s flagship roadside assistance service is included with a membership. However, AAA has received many customer service complaints, and it does not offer 24/7 live customer support.
Allstate’s main selling points for full coverage car insurance are its reasonable premiums and its unusual variety of extra coverage options, which include accident forgiveness and new car replacement. Allstate drivers can also receive discounts for paying in full, going paperless, driving safely and more.
Travelers received a 3.8 out of 5 rating from WalletHub’s editors, in part due to its many coverage options, financial stability, and online claims filing process. Possible savings include an auto-pay discount, an electric car discount, and a safe driving discount.
State Farm has high ratings from both WalletHub editors and users due to their convenient claims service, nationwide availability, and great range of discounts. While State Farm is not the absolute cheapest option available, their rates are still competitive, especially when discounts are considered.
Cheapest Full Coverage Car Insurance by Category
- Cheapest full coverage car insurance for good drivers: Esurance, USAA, Auto-Owners
- Cheapest full coverage car insurance for teens: Auto-Owners, USAA, Geico
- Cheapest full coverage car insurance for college student: Esurance, Geico, USAA
- Cheapest full coverage car insurance for seniors: Esurance, USAA, Auto-Owners
Cheapest Full Coverage Car Insurance Comparison
|Rank||Insurer||Full Coverage Cost|
Quotes are the average of a series of quotes gathered by Quadrant Information Services in California. For more information, see the methodology section below.
Full Coverage Insurance Costs by State
|State||Average Cost for Full Coverage||Cheapest Cost for Full Coverage|
|Alabama||$355 per month||$176 per month - Geico|
|Alaska||$283 per month||$158 per month - Geico|
|Arizona||$390 per month||$54 per month - Noblr|
|Arkansas||$397 per month||$184 per month - State Farm|
|California||$380 per month||$160 per month - Wawanesa|
|Colorado||$418 per month||$169 per month - American National|
|Connecticut||$454 per month||$203 per month - Geico|
|Delaware||$449 per month||$208 per month - State Farm|
|Florida||$557 per month||$279 per month - Geico|
|Georgia||$391 per month||$200 per month - Country Financial|
|Hawaii||$123 per month||$84 per month - Geico|
|Idaho||$228 per month||$103 per month - American National|
|Illinois||$329 per month||$162 per month - Country Financial|
|Indiana||$243 per month||$128 per month - Pekin|
|Iowa||$222 per month||$107 per month - Hastings Mutual|
|Kansas||$320 per month||$163 per month - Nationwide|
|Kentucky||$403 per month||$206 per month - Geico|
|Louisiana||$657 per month||$292 per month - USAA|
|Maine||$211 per month||$102 per month - Auto-Owners|
|Maryland||$417 per month||$191 per month - USAA|
|Massachusetts||$327 per month||$99 per month - State Farm|
|Michigan||$526 per month||$177 per month - Geico|
|Minnesota||$271 per month||$159 per month - State Farm|
|Mississippi||$308 per month||$192 per month - USAA|
|Missouri||$360 per month||$135 per month - USAA|
|Montana||$328 per month||$164 per month - USAA|
|Nebraska||$310 per month||$172 per month - Farmers Mutual of Nebraska|
|Nevada||$427 per month||$183 per month - Geico|
|New Hampshire||$271 per month||$146 per month - MMG Insurance|
|New Jersey||$507 per month||$163 per month - Geico|
|New Mexico||$318 per month||$158 per month - Geico|
|New York||$625 per month||$259 per month - American Family|
|North Carolina||$185 per month||$121 per month - Erie|
|North Dakota||$282 per month||$155 per month - American Family|
|Ohio||$223 per month||$111 per month - Hastings Mutual|
|Oklahoma||$374 per month||$194 per month - State Farm|
|Oregon||$293 per month||$144 per month - Country Financial|
|Pennsylvania||$351 per month||$175 per month - Travelers|
|Rhode Island||$509 per month||$189 per month - State Farm|
|South Carolina||$380 per month||$179 per month - Geico|
|South Dakota||$278 per month||$185 per month - State Farm|
|Tennessee||$302 per month||$170 per month - State Farm|
|Texas||$445 per month||$168 per month - Redpoint|
|Utah||$383 per month||$179 per month - QBE Insurance|
|Vermont||$216 per month||$119 per month - State Farm|
|Virginia||$287 per month||$117 per month - Utica|
|Washington||$367 per month||$184 per month - Pemco|
|West Virginia||$301 per month||$157 per month - State Farm|
|Wisconsin||$262 per month||$130 per month - USAA|
|Wyoming||$283 per month||$175 per month - USAA|
For more information, please see the methodology section below.
Tips for Finding the Cheapest Full Coverage Car Insurance
Consider the coverage limits you need
After fulfilling your state’s minimum coverage requirements, you can choose whether to increase your coverage limits or add optional coverage types. In order to protect yourself from the financial consequences of an accident, your liability limits should be about equal to your assets.
Choose a deductible that fits your financial circumstances
A car insurance deductible is the amount you have to pay before filing a comprehensive or collision claim. Higher deductibles mean lower premiums, but you should choose a deductible you could comfortably afford if the need arises.
Companies have different methods of determining premiums, based on a customer’s driving record, location and vehicle, among other factors. So comparing quotes is the best way to find the most affordable option.
Check for discounts
Car insurance companies offer a variety of discounts, including safe driver discounts, vehicle safety discounts, and discounts for taking a defensive driving course.
Learn more about how to find the cheapest full coverage car insurance.
Methodology for Selecting the Cheapest Full Coverage Car Insurance
WalletHub editors ranked 17 major car insurance companies to determine the cheapest full coverage auto insurance. Premiums reflect the average of a series of quotes sourced from Quadrant Information Services, using California ZIP codes and the following coverage limits:
- $100,000 bodily injury liability coverage per person
- $300,000 bodily injury liability coverage per accident
- $50,000 property damage liability coverage per accident
- $100,000 uninsured motorist coverage per person
- $300,000 uninsured motorist coverage per accident
- $50,000 uninsured motorist property damage coverage per accident
- Collision coverage with a $500 deductible
- Comprehensive coverage with a $500 deductible
Average and lowest full coverage premiums by state were determined using the coverage limits listed above, plus any other coverage required by the state (personal injury protection, MedPay, medical benefits, liability for death, and property protection).
Video: How to Get the Cheapest Full Coverage Car Insurance
Ask the Experts
To gain more insight about cheapest full coverage car insurance, WalletHub posed the following questions to a panel of experts. Click on the experts below to view their bios and answers.
1. When should drivers consider getting full coverage car insurance?
2. When should drivers consider dropping full coverage from their car insurance policy?
3. What do you think is the biggest misconception that people have about full coverage car insurance?