Your age and driving record will all play a role in determining how much you pay for auto insurance. The most affordable auto insurance options for specific types of drivers are listed below.
Companies that offer cheap auto insurance for people who drive well These rates are based on people who drive well and have a clean driving record, which means they haven't been in any accidents where they were at fault or been in any traffic violations. USAA is only available to members of the armed forces, veterans, and their families, but it has the cheapest full coverage car insurance and the lowest average rates for good drivers.
Related: Best Car Insurance in 2022 Cheap car insurance for drivers with speeding tickets According to national averages, drivers with speeding tickets will pay about 24% more for insurance. Geico, Erie, and State Farm offer the most affordable auto insurance, while USAA is the best option for military members.
Cheap auto insurance for drivers who have been involved in an accident that resulted in injuries If you have been involved in an accident, especially one that resulted in injuries, you can anticipate that your premiums will rise when you renew your policy. When compared to a driver with a clean driving record, the average national rate increases by 47%, or approximately $735 per year.
USAA offers great rates to military individuals and veterans. State Farm and Erie had the cheapest car insurance for other drivers, according to our analysis. 12 states are served by Erie, a regional insurance company.
Cheap auto insurance for drunk drivers One of the most likely outcomes of a DUI conviction is an increase in the cost of auto insurance. Before your policy expires, car insurance companies typically look at your driving record to see if you have any tickets or convictions. They then apply increases based on your record.
A DUI conviction results in an annual increase of over $1,000 on average. You can shop around for cheap car insurance even if you got a DUI. In our analysis, State Farm, Travelers, and Erie had the best rates. USAA could also be a good option for veterans and military members who qualify.
Related: Cheap DUI Car Insurance Cheap car insurance for drivers with bad credit Having bad credit can make it hard to get cheap car insurance quotes, even if you drive well. Auto insurance rates can be higher if you have bad credit than if you have a DUI or an accident where you were at fault.
When compared to drivers with good credit, the average rate increases by more than 80%.
It's especially important to compare prices because they could be too high. Among the companies we looked at, Geico and Travelers had the cheapest car insurance for people with bad credit. Veterans and members of the armed forces should consider USAA.
According to our analysis of rates from ten large insurers, Geico offers the cheapest car insurance for senior drivers between the ages of 65 and 85. However, your personal details, such as your driving record, will determine which auto insurance policy is best for seniors.
After reaching the age of 65, our analysis revealed that you can anticipate a five-year increase in your car insurance premium of approximately 6 to 12 percent. Your premium may have increased by 43% by the time you are 85, compared to your rate when you were 65.
Cheap auto insurance for young drivers Because young drivers pose a greater risk to insurers, adding a teenage driver to your policy is not cheap. In order to find the cheapest auto insurance for teenagers, we looked at rates from 78 different companies all over the country. We found that adding a teenage driver to a parent policy will raise the premium by an average of $2,121 per year.
The parent's premium is typically doubled by this amount. However, adding a young driver to a parent policy is typically less expensive than purchasing one for the teen driver on their own.
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