It is challenging to find which insurance company places a greater emphasis on location or having a spotless driving record than others because each company assesses personal aspects differently and keeps its evaluation procedures as secret as possible. However, this article will show you the typical annual auto insurance rates for both minimal and full coverage to get you started. We've published average auto insurance rates for 2022 for drivers with different driving and credit histories for each state and major auto insurance company to help you focus even more.
Compare Auto Insurance Rates by States
Auto insurance typically costs $545 per year for minimal coverage and $1,771 per year for comprehensive coverage. However, the answer to the question "how much does auto insurance cost" in a particular location can change depending on a number of variables. One city or state may be more expensive than another, depending on your residence, personal rating characteristics, the frequency with which accidents and claims are reported, and even the cost of labor and materials.
State | Full Coverage | Minimum Coverage |
Alabama | $1,760 | $443 |
Alaska | $1,770 | $417 |
Arizona | $1,743 | $579 |
Arkansas | $1,806 | $437 |
California | $2,190 | $430 |
Colorado | $2,019 | $495 |
Connecticut | $1,533 | $646 |
Delaware | $1,963 | $747 |
Florida | $2,762 | $997 |
Georgia | $2,009 | $642 |
Hawaii | $1,206 | $338 |
Idaho | $1,065 | $271 |
Indiana | $1,242 | $329 |
Illinois | $1,533 | $475 |
Iowa | $1,254 | $227 |
Kansas | $1,802 | $419 |
Kentucky | $1,954 | $658 |
Louisiana | $2,874 | $807 |
Maine | $876 | $226 |
Maryland | $1,931 | $836 |
Massachusetts | $1,296 | $446 |
Michigan | $2,345 | $946 |
Minnesota | $1,692 | $600 |
Mississippi | $1,710 | $450 |
Missouri | $1,893 | $515 |
Montana | $1,795 | $310 |
Nebraska | $1,538 | $367 |
Nevada | $2,426 | $846 |
New Hampshire | $1,182 | $324 |
New Mexico | $1,891 | $855 |
New Jersey | $1,489 | $347 |
New York | $2,996 | $1,339 |
North Carolina | $1,392 | $431 |
North Dakota | $1,225 | $268 |
Ohio | $1,200 | $336 |
Oklahoma | $1,902 | $408 |
Oregon | $1,371 | $625 |
Pennsylvania | $2,002 | $441 |
Rhode Island | $1,847 | $569 |
South Carolina | $1,464 | $518 |
South Dakota | $1,542 | $274 |
Tennessee | $1,383 | $372 |
Utah | $1,449 | $544 |
Vermont | $1,000 | $242 |
Virginia | $1,347 | $483 |
Washington | $1,313 | $482 |
Washington D.C | $1,948 | $613 |
West Virginia | $1,527 | $427 |
Wyoming | $1.510 | $262 |
Compare Auto Insurance Rates by Age
When determining your auto insurance rate, insurers also consider other points besides your driving record. Your age may significantly affect the auto insurance cost you pay. For instance, you probably already know that average auto insurance rates for teen drivers are among the highest, but they aren't the only ones. After teenagers and 20-somethings, drivers 75 years of age and beyond often have higher auto insurance rates than most age groups.
It should be noted that if you reside in Massachusetts or Hawaii, your age won't have an impact on your auto insurance rate because state statutes forbid vehicle insurers from considering age as a rating factor.
Compare minimum and full coverage auto insurance rate for 20 years-old.
Company | Full Coverage | Minimum Coverage |
Allstate | $3,706 | $1,067 |
American Family | $2,374 | $1,038 |
Farmers | $3,550 | $1,421 |
Geico | $2,304 | $715 |
Nationwide | $2,976 | $1,369 |
Progressive | $3,546 | $1,244 |
USAA | $2,298 | $755 |
State Farm | $2,683 | $979 |
Which Companies Offer Cheap Auto Insurance Rates?
When an insurer provides a no down payment option, you pay your premium for the following months at a higher rate until your policy is renewed, saving you the cost of one month's payment. Many motorists searching for low-cost no-down payment auto insurance might be looking for cheaper coverage. An efficient strategy to have your premium less influence your budget is to look into cheap insurers.
Similarly, based on average insurance rates in 2022, Auto-Owners, Geico, and State Farm might be seen as providing affordable full auto insurance coverage with no down payment or low down payment. Your individual auto insurance rate will change based on factors like your driving history, claim history, and coverage requirements.
How to find the best Auto Insurance Rates
Purchasing auto insurance doesn't have to be expensive. There are ways that would save you. One of the best strategies to reduce your premium is to offer discounts. The majority of large auto insurance companies provide discounts.
Claims-free: Drivers who have not had auto claims in the last three to five years usually qualify for discounts. A claims-free or safe driving discount may be part of this.
Building insurance coverage: When you combine your auto insurance policy with a house insurance policy or another kind of coverage provided by your insurer, you can frequently lower your car insurance rate.
Good Student Discounts: Your auto insurance rate could rise dramatically if you add a young driver. Many auto insurance companies offer discounts to young drivers who maintain strong high school or college grades.
Full payment: If you can afford to pay your auto insurance premium in one lump sum rather than monthly or quarterly, you might be eligible for a discount on your auto insurance rate.
Telematics: Some motorists desire to receive rewards for their careful driving practices. Many auto insurance providers today offer telematics services that let you give them access to an app or other device to watch your driving patterns in order to see if any discounts are achievable.
The best approach to learning about discounts is to contact your company representative or insurance agent because each motor insurer provides various discounts.
