Car Insurance

The Best Cheap Car Insurance Companies for 2021

Best IT Helper's compared the all insurance companies and list out the best cheap car insurance companies

The Best Cheap Car Insurance Companies for 2021

Looking for the best cheap car insurance companies? Then you are in the right place. In this article, we will compare all companies offering the best cheap car insurance to help you finalize one for you. Talking of car insurance, not just the cheapest rates are important, the quality is a must-have thing that cannot be compromised.

We here at Best IT Helper, have jotted down some of the finest car insurance companies to help you choose one.

  • Cheapest: First, we will rank the best car insurance companies by their annual average rate.
  • Features: Second, we will analyze the largest car insurance companies in the US, and compare the prices they offer for their services along with their provided features.

We compared the best car insurance companies in 2021 and ranked them according to their average car insurance premium per year.

Company Annual insurance premium Rating
Shelter $1.825k 5/5   
Texas Farm Bureau Insurance $1.041k 5/5   
Erie $0.835k 5/5   
Geico $1.198k 5/5   
NJM $1.301k 5/5   
American Family $1.233k 4.5/5
Auto-Owners $1.357k 4.5/5
Travelers $1.528k 4.5/5
State Farm $1.511k 4.5/5
AAA $1.610k 4.5/5
Progressive $1.766k 4.5/5
Allstate $1.834k 4.5/5
Farmers $1.865k 4.5/5
Esurance $1.951k 4.5/5
Country Financial $1.136k 4/5   
Safeco $1.317k 4/5   
Nationwide $1.349k 4/5   
Liberty Mutual $1.778k 4/5   

Of all these companies analyzed, we found earie as the one providing affordable insurance rates for the best cheap car insurance. Yet earie is found in only a limited number of states including Washington DC. If we talk about nationwide best rates for the best cheap car insurance companies, Geico is the answer.

Large companies providing the best cheap car insurance companies

Following companies would seem to be fitting for you, of you have had an accident in your driving record or if you give priority to consumer satisfaction.

Geico: Overall best cheap car insurance provider.

Progressive: The cheapest car insurance provider after DUI.

Farmers: The ones to have at least complained.

State Farm: Best customer satisfaction.

Liberty Mutual: Best discount provider.

Largest and cheapest

More than 60% of the whole US automobile individual policy market comprises of just and only 7 car insurance companies, the ones being state farm, liberty mutual, farmers, Allstate, Geico, & progressive. Following are the average individual rates for car insurance provided by these giants.

Best Cheap Car Insurance Companies for 2021

  1. Geico $1.189k
  2. State farm $1.511k
  3. Progressive $1.766k
  4. Liberty manual $1.778k
  5. Allstate $1.834k
  6. Farmers $1.8865.
  7. USAA* ( AVAILABLE TO MILITARY FAMILIES ONLY ) $1.023k.

These rates include complete policy coverage, containing Collision, comprehensive, liable, uninsured or underinsured motorist safety, and any additional coverage.

Company One Speeding Ticket One at-fault Accident One DUI
Allstate $2.172k $2.904k $3.301k
Geico $1.557k $1.888k $2.743k
Liberty Mutual $2.383k $2.837k $4.128k
Progressive $2.281k $2.980k $2.263k
State Farm $1.784k $1.968k $2.549k
Farmers $2.476k $2.783k $2.866k

Best rates for good or bad credit

Only the driving record isn’t the factor that increases rates. One of the factors that can have a drastic impact on insurance rates is “bad credit”. On average the motorists having “bad credit” pay about $1k more compared to motorists with “good credit”.

Company Drivers with Good Credit Drivers with Poor Credit Annual Cost Difference
Allstate $1.834k $2.907k $1.073k
Farmers $1.865k $3.227k $1.362k
Geico $1.198k $1.748k $0.500k
Liberty Mutual $1.778k $2.497k $0.719k
Progressive $1.766k $3.238k $1.472k
State Farm $1.511k $3.114k $1.603k

Rates for a teen along with a Couple

It’s not cheap to add any teen to any automobile insurance policy. We have completed premium for a couple to that of a couple along with a teen, so that you may have an insight into how much additional cost you might have to pay for adding a teen. (best cheap car insurance companies)

Company Married Couple Married couple with Teen Driver Annual Cost Difference
Allstate $2.524k $4.682k $2.158k
Farmers $2.853k $5.851k $2.998k
Geico $1.821k $3.188k $1.367k
Liberty Mutual $2.736k $6.049k $3.313k
Progressive $2.270k $4.380k $2.110k
State Farm $2.487k $4.540k $2.053k

The largest companies with the best cheap car insurance companies

Found a quote saying ” cheapest auto insurance” and found it for you? No, it’s not that easy. If you want to get the best cheap car insurance you must take into consideration the factors like customer complaints, coverage options & customer satisfaction.

Geico: Best cheap car insurance

Along with the finest rates for forty years old motorists having a clean record of driving provides the best premium for the customers.


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