Founded in 1864,Travelersis one of the largest auto insurance providers in the U.S., with direct premiums totaling nearly $6.5 billion in 2023. Policies are sold by more than 15,000 independent agents nationwide. Availability: Available in all states except Alaska, Hawaii, Louisiana, Michigan,...
Insurance Reviewer Cynthia Burleson is Director of the Center for Insurance and Risk Management and a lecturer at the University of Central Arkansas. Burleson earned a master’s degree in business administration and holds the AIDA, CRM, CPCU, CIC, ACP, and ACSR designations. ...
Auto insurance providers use different variables to determine the rates people pay for car insurance. Some auto insurance companies are better for teen drivers than others. Even if a parent is adding their teenager onto their own policy, switching car insurance companies, and getting free quotes on...
California, Hawaii and Massachusetts don't allow insurers to use credit when determining car insurance rates. Credit can have a shocking impact on auto insurance costs. Even for minimum coverage, drivers with poor credit can pay $277 more a year, on average, than those with good credit. If ...
Any car insurance policy purchased is individualized to fit the person behind the wheel. Your age, where you live, your driving record, and a host of other variables are weighed by insurers as they consider extending you coverage, and what that coverage will cost. The car insurance rates diff...
Hawaii $455 $1,581Read more: Car Insurance Rates by StateWhy Is Florida Car Insurance So Expensive?Car insurance companies typically base their rates on the relative risk of having to pay out claims and the projected cost of those claims. That means that as risk factors increase, premiums do...
The table below highlights the cheapest insurance companies and the states they are Cheapest insurerstate Nationwide Alabama Georgia Farm Bureau Georgia Island Insurance Hawaii Erie Indiana, Maryland, Pennsylvania, Washington D.C. IMT Insurance Iowa Safety Insurance Massachusetts Auto-Owners Michigan Nebraska...
Like drivers inmost states, Michigan drivers are required to carry at least a minimum amount of car insurance, or a liability-only policy. This is typically the cheapest type of auto insurance policy you can find, with the lowest premiums in the state found with USAA. ...
States Served Auto Insurance Offices. Alabama - Alaska - Arizona - Arkansas - California - Colorado - Connecticut - D.C. Washington - Delaware - Florida - Georgia - Hawaii - Idaho - Illinois - Indiana - Iowa - Kansas - Kentucky - Louisiana - Maine - Massachusetts - Michigan - Minnesota ...
The cheapest state for annual minimum and full coverage for 16-year-old drivers is Hawaii because the state doesn't use age when determining car insurance cost. Other than Hawaii, North Carolina has one of the lowest average rates for a full-coverage annual policy. Those who are 17 years ...