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The Cheapest (and Best) Full Coverage Car Insurance of 2024

State Farm has the cheapest full-coverage auto insurance for most drivers, at $125 per month, on average.

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Cheapest full coverage insurance companies

ValuePenguin gathered millions of quotes from every ZIP code in the U.S. for a 30-year-old driver with a 2015 Honda Civic EX and a clean driving record.

The best companies for full coverage auto insurance have affordable rates and good customer service scores. Full methodology

How to get cheap full coverage car insurance

State Farm, Erie and USAA have the best cheap full coverage quotes.

At $125 per month, State Farm has the best cheap full coverage insurance for most drivers.

Erie and USAA are cheaper than State Farm. However, Erie is a regional insurance company, so it's not available nationwide. And USAA is only available to military members, veterans and their families. But it's worth comparing quotes from either company if you're able.

Cheapest full coverage car insurance

Find the Cheapest Full Coverage Quotes in Your Area

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Cheap full coverage car insurance

Company
Monthly rate
Erie logo
Erie
$107
State Farm logo
State Farm
$125
Country Financial logo
Country Financial
$133
Auto-Owners logo
Auto-Owners
$141
American Family logo
American Family
$160
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*Only current and former military members and their families are eligible for a USAA policy.

The average cost of full coverage car insurance is $164 per month.

That's more than twice the average price of liability-only car insurance. Full coverage is more expensive because it includes liability, along with collision and comprehensive coverage.

Is full coverage the best car insurance?

Full coverage is the best choice for most drivers, especially if you have a newer or financed car.

Full coverage costs twice as much as minimum coverage because it includes collision and comprehensive coverage.

Comprehensive and collision coverage help pay for damage to your car in most types of accidents. That's why your lender probably requires full coverage if you have a leased or financed car.

In comparison, a minimum liability policy only covers injuries to others and damage to their car or property.

In addition to protecting your car, full coverage typically includes higher liability limits than minimum coverage.

Many states require very low liability limits that don't provide enough protection to cover the cost of a major accident. The higher limits included with full coverage mean you'll pay less out of pocket if you cause a major accident.

Best cheap car insurance for full coverage: State Farm

  • Editor rating

  • Full coverage

    $125/mo ?

Pros and cons

  • 24% cheaper than the national average
  • Reliable customer service
  • Missing optional coverages like gap insurance and accident forgiveness

State Farm is the cheapest insurance company available to almost all drivers across the country.

At $125 per month, a full coverage policy from State Farm is $40 less per month than the national average.

State Farm is the largest car insurance company in the United States. It also often has cheaper quotes than most other large companies and many regional companies.

State Farm also has a good reputation for reliable customer service. State Farm customers tend to have fewer complaints and are happy with the claims process, according to J.D. Power.

Cheapest local company for full coverage auto insurance: Erie

  • Editor rating

  • Full coverage

    $107/mo ?

Pros and cons

  • 35% cheaper than national average
  • Excellent customer service
  • Only available in 12 states and D.C.
  • Can't buy car insurance online

Erie has some of the cheapest full coverage rates in the country, along with an excellent customer service reputation.

While Erie is a good company, it's only available in 12 states, mostly on the East Coast and in the Midwest.

Cheapest full coverage insurance with perks: Travelers

  • Editor rating

  • Full coverage

    $164/mo ?

Pros and cons

  • Lots of ways to personalize your policy
  • Numerous discounts
  • Not the cheapest option
  • Claims process can be difficult after a crash

Drivers who need extra coverage should consider buying full coverage car insurance from Travelers. You can pay to add coverage that you won't find with every company, like gap coverage and accident forgiveness.

Travelers isn't cheap, even before the cost of extra coverage. A full coverage policy from Travelers costs $164 per month, which is the same as the national average. But it's $39 more than a policy from the cheapest national company, State Farm.

  • Accident forgiveness ensures your car insurance rates won't go up after a single accident.
  • Gap insurance pays the difference between the value of your car and the amount you owe on your loan or lease if it's totaled in an accident.
  • New car replacement replaces your car with a brand-new model if it's totaled, regardless of its current value. This is only available for newer cars.
  • Rental car coverage pays for a rental car while your vehicle is in the shop after an accident.
  • Rideshare coverage bridges the gap between the insurance offered by your rideshare company and your personal car insurance policy.
  • Roadside assistance helps if your car breaks down on the side of the road and you need towing, lockout assistance, a tire change, fuel delivery or a jump start.

Cheapest full coverage car insurance for military families: USAA

  • Editor rating

  • Full coverage

    $101/mo ?

Pros and cons

  • Cheapest full coverage quotes
  • Top-rated customer service
  • Only available to military members, veterans and some of their family members

USAA is one of the best car insurance companies in the country based on its customer support and affordable quotes.

At $101 per month, USAA has the cheapest full coverage policies. And it consistently ranks as the best company for customer satisfaction, according to J.D. Power.

However, USAA only sells car insurance to military members, veterans and their families. This means most drivers can’t buy a policy from USAA.

Cheap full coverage car insurance by state

Full coverage car insurance quotes can vary by nearly $300 per month, depending on which state you live in and which company you choose.

State Farm has the cheapest full coverage insurance in 24 states.

Geico is the cheapest company in seven states, and Erie has the most affordable full coverage in four states.

Cheapest full coverage car insurance company by state

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Michigan drivers pay the highest rates in the country, at $386 per month for full coverage. The cheapest state is Maine, where a full coverage policy costs only $92 per month.


How to compare cheap full coverage insurance

  1. Shop around to see if you can find cheaper full coverage quotes from a different company.
  2. Get rid of coverage you don't need. You'll get less protection, but the trade-off may be worth it for you.

How to get full coverage insurance quotes

Comparison shopping helps you find which insurance company has the best rates for you.

  • Compare the same coverage limits and add-ons with each company. That way, you're making an apples-to-apples price comparison.
  • Choose the same deductible. Increasing your deductible lowers the cost of your policy and can change the quotes you get.
  • Get quotes from multiple companies. Different insurance companies might offer the same coverage for different prices. You could find inexpensive full coverage rates from a different company than friends or neighbors.

How to save on full coverage car insurance

One way to lower your insurance rates is by reducing your coverage.

  • Increase your deductible. If you increase your deductible, you'll get less money from your insurance company for a claim. But, you'll pay a lower monthly rate. Choose a deductible you can afford to pay in an emergency.
  • Lower limits for liability and other coverage. Remember that lower liability limits may not be enough coverage if you cause an expensive accident.
  • Remove coverage add-ons you don't need. For example, if your car is worth less than $5,000 or is more than eight years old, it may not make sense to have comprehensive and collision coverage.

You can also save money by qualifying for car insurance discounts, like safe driving or automatic payment discounts.


What's included with full coverage car insurance quotes?

Full coverage auto insurance includes collision and comprehensive coverage, which offer more protection than a minimum liability policy.

Full coverage typically has higher liability limits than the minimums required by your state. This protects you if you cause an expensive accident.

Full coverage also includes comprehensive and collision, which pay for damage to your car.

car accident icon

Collision coverage pays for damage to your car after a crash with another vehicle or structure, regardless of whose fault it is.

  • Hitting another car
  • Crashing into a pole or fence
  • Driving over a big pothole
  • Hit-and-run
weather icon

Comprehensive coverage pays for damage to your car that's not strictly related to driving.

  • Weather, including hail or storms
  • Theft or vandalism
  • Hitting animals like deer on the road
  • Broken window or slashed tires

What else does a full coverage policy cover?

A full coverage policy also includes any other coverage your state requires. This includes uninsured motorist coverage or personal injury protection.

  • Uninsured motorist coverage pays for your injuries and damage to your car if an uninsured driver hits you. Some states require this coverage.
  • Underinsured motorist coverage pays for your expenses if you're hit by a driver who doesn't have enough car insurance to cover your costs.
  • Personal injury protection (PIP) pays your medical bills if you’re injured in a crash, regardless of who caused it. PIP can also reimburse you for lost wages if you miss work while recovering. "No fault" states may require PIP.

Is full coverage insurance worth it?

If your car is worth more than $5,000 or less than eight years old, it's usually worth it to have full coverage.

It can help you avoid expensive repairs. Plus, you must have full coverage if you have a loan or lease.

Consider dropping your comprehensive and collision insurance when you can reasonably afford to replace your car. Your car insurance costs will drop. But you'll need to pay for a new car out of pocket if you cause an accident that totals your car.

Frequently asked questions

How much is full coverage insurance?

Full coverage car insurance costs $165 per month, on average. Some drivers can find cheaper rates from companies like State Farm, Erie or USAA.

Which company is the cheapest option for full coverage?

State Farm is the cheapest widely available option for full coverage auto insurance, at $125 per month. Drivers can also find cheap quotes from Erie and USAA.

What does full coverage car insurance cover?

Full coverage typically includes collision and comprehensive coverage. It usually has more liability coverage than your state's minimum requirements.

If your state requires uninsured and underinsured motorists and personal injury protection, these coverages may be included in your full coverage policy. But the definition of full coverage varies by company.

Do I need full coverage on a financed car?

Yes, lenders require a full coverage policy with collision and comprehensive if you have a new car loan or lease. Once you pay off your loan, you're free to decide if you still need a full coverage policy.

Does full coverage car insurance replace your car?

Yes, a full coverage policy's collision coverage will pay to repair or replace your car with a similar one if you cause an accident, minus your deductible. If another driver causes the accident, their liability coverage will pay to repair or replace your car.


Methodology

To find the best cheap full coverage insurance, ValePenguin collected quotes from 50 states and the District of Columbia for the top insurance companies in each state. Rates are for a 30-year-old man who drives a 2015 Honda Civic EX. He has good credit and a clean driving record. Quotes were averaged across all available ZIP codes in each state.

Full coverage limits are greater than any one state's minimum requirement and include uninsured and underinsured motorist bodily injury coverage. Comprehensive and collision insurance each had a $500 deductible.

  • Bodily injury liability: $50,000 per person; $100,000 per accident
  • Property damage liability: $25,000 per accident
  • Uninsured and underinsured motorist bodily injury liability: $50,000 per person; $100,000 per accident
  • Comprehensive and collision: $500 deductible
  • Personal injury protection: Minimum, when required by state

The best car insurance companies for full coverage offered quotes in at least five states.

ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurance company filings and should be used for comparative purposes only. Your own quotes may be different.

Editorial Note: The content of this article is based on the author's opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.