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Comprehensive coverage is not a specific type of policy, but rather a combination of coverage types that typically include liability, comprehensive and collision coverage. If you have a loan or lease, your lender may require you to have full coverage insurance, so finding cheap options can save you money on something you already need.
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Because it combines several types of coverage, full coverage auto insurance covers your vehicle in many situations. However, it can cost more than double the price of the minimum coverage required. So it's good to shop.
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However, finding the company with the cheapest comprehensive insurance will depend on a number of factors such as your age, location and driving experience. To help narrow down your options, check out the average rates among the top insurers in the country using different driver profiles.
According to the analysis, State Farm has the cheapest full coverage auto insurance among the nation's major insurers, with an average annual rate of $1,431, or $119 per month.
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Full coverage insurance can be expensive. If you're looking for the cheapest car insurance, check out our roundup of cheap car insurance with state minimum coverage. But if you're interested in cheap full coverage auto insurance, here are the average annual prices for full coverage insurance from six of the nation's top seven auto insurance companies:
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On average, you can save almost $1,700 a year by choosing the cheapest company available instead of the most expensive – and that's just for the top six auto insurers in the country.
You can often save even more by visiting a smaller regional insurance company. Although national availability may be limited, smaller companies can often be cheaper than a large insurer. For example, American National's average full coverage insurance rate is $892 per year, while Vermont Mutual's average rate is $1,207 per year.
Liberty Mutual, although one of the nation's largest insurers, is not included in our analysis because it does not provide rate data.
The editorial team analyzed comprehensive auto insurance rates from Quadrant Information Services, a price analysis company. Our analysis looked at 35-year-old drivers from all zip codes in the 50 US states and Washington, DC, with varying driving and credit histories. All drivers had a 2020 Toyota Camry L.
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Our writers and editors adhere to strict editorial guidelines to ensure the fairness and accuracy of our writing and data analysis. You can trust the prices we display because our data analysts take rigorous steps to remove bias and inaccuracies in our pricing data, which includes rates from every zip code in the country where coverage is offered and data is available. When comparing rates for different coverage amounts, age and experience, we only change one variable at a time, so you can easily see how each factor affects prices. Read our methodology.
Your location can have a big impact on how much you pay for full auto insurance coverage. For example, our analysis of the average cost of car insurance showed that drivers in Florida pay nearly three times more for full coverage insurance than drivers in Maine.
Looking for the most affordable comprehensive insurance in your country? Here are the cheapest insurers on average in all 50 states and Washington, D.C.
Of the major insurers, State Farm has the cheapest full insurance rates for the average non-military driver who has been in an accident or has a DUI.
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Here are the average comprehensive coverage rates from some of the nation's largest insurers for single-accident or drunk drivers.
It pays to shop around and compare full coverage car insurance quotes from multiple companies, including smaller insurers. Sometimes a lesser known company can save you even more. For example, American National's average full coverage rate for a single-at-fault driver is $1,190, while the average rate for a DUI driver is $1,265.
You may not realize that your credit history can affect the price of your car insurance, sometimes dramatically. Insurers use a credit-based insurance score to determine how likely they are to make a claim. A credit-based insurance score takes a driver's credit history into account when determining a price.
It doesn't matter if you have the minimum required policy or full car insurance - if you have bad credit, you will often end up paying higher insurance rates. California, Hawaii, Massachusetts and Michigan do not allow insurers to use credit when setting auto insurance rates.
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However, it is still possible to find cheap full car insurance even with bad credit. You just want to compare car insurance rates to find the most affordable policy.
Drivers with bad credit who prefer a major insurance company may want to consider Geico. The company has the most affordable average rates for good drivers with bad credit.
Here are the average full coverage rates from some major insurance companies for drivers with bad credit.
If you have bad credit, be sure to shop around and compare quotes from multiple insurers, including lesser-known companies. Sometimes a smaller company will offer a cheaper rate than a larger insurance company. For example, drivers with bad credit can get full Secura coverage for an average of $1,381 per year. That's about $1,500 cheaper than Geico.
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Price is probably the main factor in deciding which insurance company to choose, but it shouldn't be the only one. In fact, the best full insurance providers may not be the cheapest.
If you want cheap car insurance with full coverage without sacrificing customer service, check out the top insurance companies below, ranked by average car insurance rate. Please note that not all companies will offer policies in all countries.
Rating The rating is determined by our editors. The scoring formula includes coverage options, customer experience, adaptability, cost and more.
"Full coverage" is the term used to describe a car insurance policy that covers damage that may occur to your vehicle. This is usually a combination of three different types of coverage: liability insurance, comprehensive insurance and accident insurance.
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Comprehensive insurance and collision insurance include a deductible, which is the amount you are responsible for in the event of an insured event.
Although most states require a minimum amount of car insurance to legally drive, these minimums do not cover damage to your car. If someone else hits your car, the other driver's insurance will cover the damage. But in any other situation, including if you cause an accident, you may need full insurance to pay for the damage to your vehicle.
For example, suppose a tree falls on your car during a thunderstorm. You will need comprehensive car insurance to cover the cost of the repairs. If your deductible is $1,000 and a falling tree causes $5,000 worth of damage to your car, you pay the $1,000 deductible and your insurance covers the rest.
When purchasing car insurance from different carriers, it is important to compare car insurance quotes for the same coverage. Otherwise, you may think you got a good deal from one provider, only to find you don't have enough coverage when you actually need to apply.
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Kayda Norman is an auto insurance expert. She previously worked in communications at The Walt Disney Co. and as a web producer and author for several health and fitness publications, including Health magazine. Her work has appeared in The New York Times, The Washington Post, and USA Today. Read more
Drew Gul is an auto insurance expert. He previously served as senior content editor at Soundstripe and as a senior writer in the marketing department at Liberty University. Drew is also a published author. Based in Nashville, Tenn. Read more
Car insurance ratings reward companies for customer-centric features and practices. Ratings are based on a weighted average score across several categories, including financial health, consumer complaints and discounts. Our 'Ease of Use' category looks at factors such as website transparency and ease of claiming. We also consider customer satisfaction surveys as part of our editorial insights. These ratings are a guide, but we encourage you to view and compare multiple insurance quotes to find the best price for you. they are not compensated for any reviews. Read our editorial guidelines and full reviews
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