Full Coverage Car Insurance Cost Geico - Andrew Hurst Andrew Hurst Senior Editor and Licensed Auto Insurance Specialist Andrew Hurst is a Senior Editor and Licensed Auto Insurance Specialist. His work has also been featured in The New York Times, The Wall Street Journal, Forbes, USA Today, NPR, Mic, Insurance Business Magazine, ValuePenguin, and PropertyCasualty360. Is a senior editor and licensed auto insurance specialist. His work has also been featured in MoneyGeek, Clearsurance, Adweek, Boston Globe, The Ladders, and AutoInsurance.com.
Edited by Anna Swartz Anna Swartz Senior Managing Editor and Auto Insurance Specialist Anna Swartz is a Senior Managing Editor and Auto Insurance Specialist, where she oversees our car insurance coverage. Previously, she was a senior staff writer at Mic.com, as well as a contributing writer at The Dodo.
Full Coverage Car Insurance Cost Geico
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Finding affordable full coverage auto insurance can be difficult (especially if you've been in an accident), but it's not impossible. We've found that GEICO is the best affordable full coverage car insurance for most drivers with a clean record, while State Farm is best for drivers with recent accidents.
Full coverage car insurance is a car insurance policy that includes comprehensive and collision coverage in addition to the liability coverage required in almost every state. A full coverage policy means that damage to your car is covered by the insurance, whether it is an accident, storm, animal, or theft.
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We found the cheapest full coverage car insurance in 2022 by analyzing prices provided by Quadrant Information Services. These rates were for every ZIP code in all 50 states and the District of Columbia.
Our data experts analyzed the combined rates for a full coverage policy for 2017 Toyota Camry drivers aged 30, 35 and 45 with a clean record. The rates we analyzed were for policies with the following limits:
In some cases, additional coverage is added where required by the state or insurer. Some carriers may be represented by affiliates or subsidiaries. The prices provided are a sample of insurance costs. Your actual quote may vary.
How we score: Ratings are determined by our editorial team. Our approach takes into account many factors, including price, financial evaluation, quality of customer service, and other product-specific characteristics.
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GEICO has some of the cheapest full coverage insurance in the country. It sells policies in every state and DC, which is not true with the cheapest rates of all other companies. GEICO also receives fewer complaints than some competitors.
GEICO is the best company for affordable full coverage auto insurance. On average, we found that GEICO spends $99 a month, or $1,184 a year. That's $454 less per year for average coverage. This is just one of our picks for the cheapest companies with full coverage available in all states (and DC).
GEICO's customer service also makes it an excellent choice for the best full coverage insurance company. According to the National Association of Insurance Commissioners, GEICO receives fewer customer complaints than average. [1]
While it already has the cheapest average rates, GEICO also offers discounts that can make your full coverage insurance even more affordable. With GEICO's discount, drivers can get the following discounts:
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GEICO offers some coverage add-ons (or endorsements), including roadside assistance, rental reimbursement, and mechanical breakdown coverage. However, GEICO does not offer gap insurance or new car replacement coverage.
MAPFRE has the lowest prices for full coverage of any company we understand, although it is not available everywhere. But if you live in one of the 19 states where MAPFRE is available, you can get very affordable coverage.
We've found that MAPFRE has the cheapest full coverage auto insurance, but it's not as widely available as other companies. On average, full coverage insurance from MAPFRE is $87 per month, or $1,040 per year. That's $598 less per year than the average.
Although MAPFRE is the cheapest full coverage auto insurance of any company on our list, it is not available in every state. MAPFRE Auto Insurance is only offered:
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MAPFRE offers some general assistance, including towing and labor coverage and rental car reimbursement. In some states, drivers can also get coverage for personal belongings and new car replacements.
State Farm has affordable full coverage for drivers with accidents on their record. Since State Farm is available almost everywhere, it's a great choice for drivers across the country who have trouble finding affordable coverage elsewhere.
It is difficult to find cheap rates for drivers who have been in an accident. But State Farm remains the cheapest company for full coverage insurance, even for drivers who have recently been in an accident. On average, full coverage after an accident costs $120 per month with State Farm, $1,108 less than the average.
In addition to getting the cheapest rates for full coverage insurance after an accident, State Farm also has excellent customer service. According to JD Power's 2021 Auto Claims Satisfaction Study, State Farm has one of the highest-rated claims processes of any major insurance company. [2]
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State Farm offers lower coverage add-ons than some competitors. Drivers can add rental car replacement and roadside assistance, but international insurance is not available on State Farm.
Drivers in the military who are looking for the best protection can get affordable full coverage from USAA. USAA has some of the cheapest rates with a history of high claims satisfaction among its customers.
On average, USAA has the cheapest full coverage car insurance for drivers in the military and veterans. We found that full coverage insurance from USAA for drivers with a clean record costs $87 per month, cheaper than the $599 per year average.
USAA remains the cheapest company for full coverage insurance even after an accident. On average, USAA premiums for high-risk drivers are only $128 per month. That's $1,020 less per year than the average.
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If you qualify for insurance from USAA, you can get even lower prices for full coverage by getting a range of USAA discounts, including discounts for:
There are only two ways to personalize full coverage insurance from USAA. Drivers may include roadside assistance and fare reimbursement, but not insurance or other types of coverage.
Although full coverage car insurance is more expensive than minimum coverage or just liability insurance, there are still many companies that offer affordable full coverage insurance. Here are the 11 cheapest companies for full coverage car insurance:
We've found that the monthly cost of full coverage car insurance can vary from company to company, from as little as $87 to several hundred dollars a month, so get several quotes before settling on the best company for you. Make sure to get it.
Cheapest Full Coverage Car Insurance In 2022 (from $87/month)
Since prices vary by company (and location), it's worth comparing prices in your state before finalizing your full coverage policy. Here are the cheapest options for full coverage car insurance by state:
Full coverage costs more than just liability coverage. This is why you are adding composite and bumpers, which cover your car. When companies cover more risks, they increase the rate.
Going from a liability-only policy to full coverage can mean a difference of a few hundred dollars a year, but it can be better if your car is totaled. According to statistics from the National Association of Insurance Commissioners, the comprehensive and collision portion of a full coverage policy costs $518 per year.
Your rates also depend on how much liability coverage you have. Having a liability-only policy with the minimum amount of liability coverage required in your state is always going to be the cheapest option, but it can seriously set you up for an accident.
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Here's a policy that compares two different amounts of liability with full coverage to see how much required liability coverage costs:
There are no states where drivers must get full coverage car insurance. Unlike other types of insurance, comprehensive and collision are never listed in any state's insurance requirements. But you need full coverage car insurance if:
Not having full coverage can leave you with a totaled vehicle that you will have to pay for replacement yourself. But if you have an older car that costs more to insure than it's worth, full coverage might not be worth it. Remember, if you have multiple vehicles, you may always have full coverage on one and not the other.
Full coverage is the best protection you can get, but there are some things that even the best full coverage policy won't cover.
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Comprehensive coverage is not actually one type of car insurance policy, "comprehensive coverage" means car insurance that includes different types of coverage.
In addition to comprehensive and collision, many drivers choose to add other optional coverage, such as gap insurance, which pays the balance of the lease or loan.
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