When the word cheapest comes to mind, lots of things can be said related to car insurance. For example, the 3 States with the best prices for the premium for full coverage are Vermont, Ohio, and Maine. On the contrary, New York and Florida are among the most expensive ones.
Then, the cheapest companies are another thing to take into account because there is a considerable difference. Of course, do not look for just a low price. Get the one that offers the best value for money. Nationwide seems to be the cheapest car insurance company available to all sorts of drivers.
Car insurance with the best price by category
The type of driver you are also matters. So this section will help you decide the best company for you too. These suggestions are based on a Forbes Advisor report. For instance, if you are a good driver and you have never had an accident Nationwide could be the best car insurance company. It’s about $120 per month on average.
If you are one of those drivers who drives too fast and got a speeding ticket, Nationwide is also a great car insurance for an average of $157 per month. Erie would be much better if you have had an accident and you cause injuries. It’s average monthly price is about $185.
After a DUI (Driving Under the Influence), go for Progressive which has an average monthly payment of $192. Bad credit may also affect your price. Nationwide becomes the best car insurance here too, with an average monthly cost of $171.
Car insurance for seniors and/or young drivers
Once more, Nationwide seems to be the best option if you are a senior. Its monthly cost is about $117. Young drivers have one of the most expensive prices due to higher risks of accidents and other factors.
If you are a young driver, Erie could be your company since the average cost per month is about $215. Adding a teen driver will definitely boost the price and Nationwide may have the best price for you. It will be about $235 per month on average claims Forbes Advisor.