AUTO INSURANCE · November 3, 2022 0

cheap full coverage car insurance

Cheap full coverage car Insurance

The most affordable providers of full coverage auto insurance

Full coverage auto insurance typically costs $133 a month. The analysis by The Zebra shows that Travelers offers full coverage insurance for the least amount of money, at an average monthly cost of $112. Below are other affordable full coverage carriers.

How to find the best cheap full coverage car insurance

Comparing prices from many carriers is the greatest strategy to locate reasonably priced full coverage auto insurance. Our rate study found that Travelers and USAA were the cheapest, but several other carriers also provided cost-effective complete coverage. Examine the lowest full coverage vehicle insurance providers to get a feel of where to begin your search.

FULL COVERAGE INSURANCE RATES

Company

Avg. Monthly Premium
Travelers

$112

USAA

$114
Nationwide

$123

GEICO

$129
American Family

$131

State Farm

$131

Farmers

$149

Progressive

$157

Allstate

$201

Auto insurance data methodology

The results of The Zebra’s State of Insurance car insurance pricing investigation served as the basis for the vehicle insurance rates provided in this guide. Each U.S. state is included by this examination of more than 83 million insurance rates. A 30-year-old single male driver with a Honda Accord, decent credit, and complete coverage at these levels, using this user profile as an example: ZIP code

  • $50,000 per person and $100,000 per occurrence for liable for bodily harm
  • $50,000 per occurrence for liable for property damage
  • $500 deductibles for comprehensive and collision insurance
  • We modified the driving profile based on typical pricing variables employed by major auto insurance firms in order to provide pricing for specific rating factors. These variables comprise your credit score, insurance coverage, driving history, and others.

How much does full coverage car insurance cost?

With liability coverage limits of 50/100/50, full coverage auto insurance typically costs $133 per month.

The typical driver’s monthly vehicle insurance premium will rise by around $88 if they switch from a liability-only policy to a full coverage policy with $500 collision and comprehensive deductibles. Although your state may just require liability insurance, experts strongly advise getting additional coverage to safeguard you and your assets.

See the average price differences between liability-only insurance and comprehensive coverage below.

What is full coverage car insurance?

Full coverage actually includes additional coverage categories like comprehensive, collision, and even greater liability limits, so the word is a little deceptive. Full coverage insurance is typically regarded by the majority of people to include both physical protection for a vehicle and coverage for personal injury and property damage.

Keep in mind that the phrase “full coverage” refers to the combination of two types of physical damage coverage when comparing full coverage auto insurance quotes:

Collision insurance: Covers your car in the event of an accident.
Protects your car from collisions with animals and other non-driving-related events.

A full coverage auto insurance policy combines these protection choices with the legal minimum liability insurance required by the state.

For more information, see The Zebra’s video on full coverage auto insurance.