What is the Cheapest Car Insurance Company?
After our analysis of 2,700 cities and 128 companies, we found that Erie was the most affordable major insurer in the country with an average yearly rate of $1,052 based on our sample driver – about 31% cheaper than the national average across every insurer. The very largest of the five is GEICO, the second largest auto insurer in the U.S. by market share.
In the table below, you can see how the average annual rates for the 15 most affordable large auto insurers in the country compared based on quotes we obtained for an example 30 year old driver.
*Premiums based on our sample driver
The Three Cheapest Car Insurance Companies