There are many things that may be said about auto insurance when the word “cheapest” is spoken. For instance, Vermont, Ohio, and Maine have the lowest premium costs for full coverage among the three states. Florida and New York, on the other hand, are among of the most costly.
Then, if there is a significant difference, the cheapest businesses should also be considered. Naturally, don’t just focus on finding a good deal. Choose the one that provides the most value. For drivers of all stripes, Nationwide appears to be the most affordable auto insurance provider.
The most affordable auto insurance in each category
It also matters what kind of driver you are. Thus, this part will assist you in selecting the ideal business for you. A Forbes Advisor study served as the basis for these recommendations.
For example, Nationwide might be the greatest auto insurance provider if you drive safely and have never been in an accident. On average, it costs $120 a month.
For an average of $157 a month, Nationwide is also an excellent auto insurance option if you are one of those drivers who drives too fast and receives a speeding ticket. It would be much better for Erie if you had been hurt in an accident. It costs roughly $185 per month on average.
Choose Progressive after a DUI (Driving Under the Influence) as they have an average monthly cost of $192. Your price may also be impacted by bad credit. With an average monthly premium of $171, Nationwide also emerges as the top auto insurance provider in this area.
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Auto insurance for young drivers and/or elders
Again, if you’re a senior, Nationwide appears to be your best bet. It costs roughly $117 a month. Due to their increased risk of accidents and other variables, young drivers have some of the highest rates.
Since the average monthly cost is around $215, Erie might be your company if you’re a youthful driver. The cost will undoubtedly increase if you add a teenage driver, and Nationwide might offer you the best deal. According to Forbes Advisor, the average monthly cost will be around $235.
