Cheapest Car Insurance Companies 2026: Top Carriers Ranked

Which Insurance Company Is Cheapest?

GEICO leads on price for most drivers, but Progressive, State Farm, and Lemonade offer better rates for specific scenarios (accidents, DUI, young drivers). The "cheapest" carrier depends on your age, driving record, and state.

Top 5 Cheapest Carriers (Overall Average)

CarrierAvg. RateBest For
GEICO$1,087Discounts, price
Progressive$1,142Young drivers, accidents
State Farm$1,203Good credit score discounts
Lemonade$987Mobile app, teens
Amica Mutual$1,165Customer service

Available Discounts by Carrier

Most carriers offer 10-15 discounts. Common ones: bundling, good driving records, good grades (teens), safety features, low mileage. Progressive's "Name Your Price" tool and GEICO's 50+ discounts make them popular for price shoppers.

Compare These Top Carriers

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