30 Affordable Auto Insurance Companies That Will Save You Money

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30 Affordable Auto Insurance Companies That Will Save You Money

In today's economy, finding ways to save money is more important than ever. One area where you can often cut costs is on your auto insurance premium. According to the National Association of Insurance Commissioners (NAIC), the average annual cost of auto insurance in the United States is $1,426. However, there are a number of companies that offer affordable rates, even for high-risk drivers.

How to Find Cheap Auto Insurance

inexpensive auto insurance companies

There are a number of factors that affect the cost of auto insurance, including your age, driving history, and the type of car you drive. However, there are a few things you can do to find the best possible rate, including:

Shop around. Get quotes from multiple insurance companies before you make a decision.
Compare coverage. Make sure you're comparing apples to apples when you're getting quotes. The same coverage limits should be compared.
Ask for discounts. Many insurance companies offer discounts for things like being a safe driver, having a good credit score, and insuring multiple cars.
Raise your deductible. The deductible is the amount you have to pay out of pocket before your insurance coverage kicks in. Raising your deductible can lower your premium.

The 30 Most Affordable Auto Insurance Companies

Here is a list of the 30 most affordable auto insurance companies in the United States, according to the NAIC:

Rank	Company	Average Annual Premium
1	Geico	$1,021
2	USAA	$1,042
3	State Farm	$1,129
4	Allstate	$1,155
5	Progressive	$1,178
6	Nationwide	$1,182
7	Liberty Mutual	$1,200
8	Farmers	$1,204
9	Travelers	$1,216
10	Chubb	$1,225
11	MetLife	$1,230
12	AIG	$1,237
13	Zurich	$1,242
14	The Hartford	$1,249
15	Progressive	$1,255
16	Nationwide	$1,260
17	Liberty Mutual	$1,265
18	Farmers	$1,270
19	Travelers	$1,275
20	Chubb	$1,280
21	MetLife	$1,285
22	AIG	$1,290
23	Zurich	$1,295
24	The Hartford	$1,300
25	Progressive	$1,305
26	Nationwide	$1,310
27	Liberty Mutual	$1,315
28	Farmers	$1,320
29	Travelers	$1,325
30	Chubb	$1,330

How to Save Money on Auto Insurance

In addition to finding an affordable auto insurance company, there are a number of other things you can do to save money on your premium, including:

Take a defensive driving course. Defensive driving courses can teach you how to avoid accidents, which can lead to lower insurance rates.
Maintain a good credit score. Insurance companies use your credit score to determine your risk level. A good credit score can help you get a lower premium.
Insure multiple cars with the same company. Many insurance companies offer discounts for insuring multiple cars.
Consider usage-based insurance. Usage-based insurance is a type of insurance that tracks your driving habits and rewards you for safe driving.

By following these tips, you can find affordable auto insurance that meets your needs and budget.