![]() The make and model of your car don’t significantly change your auto insurance prices. MoneyGeek’s analysis found that premiums can be up to two times more expensive if you compare the highest-priced provider to the lowest-priced provider (all other factors held equal). Insurance providers had the most significant impact on premiums of any factor we measured. The insurance provider you use isn’t an important factor for auto insurance pricing (ranked fifth most important of nine).įalse. Your credit history is the second most important factor in auto insurance pricing. Your credit score doesn’t have much impact on your premium (ranked second-least impactful).įalse. An at-fault accident on your record is the fifth largest driver of insurance rates, falling behind several other factors. Having an at-fault accident on your record increases your insurance prices more than any other factor.įalse. However, these rates can be used to get a general idea of the cheapest car insurance companies in a particular state or city. ![]() The prices provided are an estimate and do not reflect actual costs in each state and city. It includes only companies that offer coverage in at least 30 states. Take a look below to see what the average quote is based on a particular city or state. While one company may be the cheapest on average in your state, you may find lower rates for your situation with a different company.
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