Use An Insurance Broker to Find Cheap Insurance Companies

When browsing around for different cheap insurance companies it can be quite overwhelming especially if you don’t know where to begin and what to look for.

The best piece of advice we can offer: Call Us!

Using an insurance agent from our brokerage helps in more than one way. It helps save you time, you gain a personal advocate who has your best interest in mind, and we help save you money.

In the meantime, we have tried to help you by providing a guide below, which gives details on what each different insurance carriers have to offer: 

Cheap Insurance Companies for Auto: Progressive

Progressive Offers the Best Variety of Coverage Options

With Progressive being the third-largest auto company in the country, and one of the cheapest insurance companies, they have many different coverages you can obtain.

Progressive offers bodily injury and property damage liability, uninsured and underinsured motorist coverage, collision coverage, and comprehensive coverage.

• Bodily injury and Property Damage Liability is essential because it is required in case of an event where you are obligated to pay for injuries, deaths or property damage from an accident you may have caused.
• Uninsured and Underinsured motorist coverage: is required when you owe medical payments and property damage costs after an accident with a driver who has insufficient insurance or none at all.
• Collision coverage: repairs expenses from traffic-related accidents regardless of who’s at fault.
• Comprehensive coverage: repairs damages from events outside of your control such as weather events, hitting an animal while driving, theft and vandalism. 

While most companies offer at least the state minimum liability limits, what sets Progressive apart from the others is that you can raise your liability far beyond the required minimum if you wish. They have many deductible options, and even the ability to add some extras without full coverage.

Listed below are coverages that are available with Progressive in specific states but not mandatory:

• Gap insurance: Under Gap insurance, Progressive pays as much as twenty-five percent above the value of your vehicle if it is totaled, to cover a loan or a lease. However, this coverage is only available if you purchase comprehensive and collision coverage. 
• Custom parts and equipment value: This coverage pays to fix or replace custom accessories you have added to your car and usually that price goes up to at least five thousand dollars. 
• Rideshare insurance: Progressive has this coverage in certain states which covers only the time you are accepting a ride to drop off a customer. This coverage extends your personal auto insurance any time you have the app on. 

Cheap Insurance Companies for Auto: Dairyland

Dairyland Offers the Best Rates for Minimal Insurance Options

Dairyland Insurance Company, based in Wisconsin, is one of the best cheap insurance companies if you are looking for the bare minimum coverage.

Dairyland specializes in auto insurance for clients who typically cannot obtain coverage elsewhere, such as clients who have serious or repeated traffic-related offenses or DUI convictions.

Some of the coverages they offer are bodily injury and property damage liability, uninsured or underinsured motorist coverage, collision coverage, towing and labor coverage, and comprehensive.

Even if you are trying to obtain an SR22 or just a non-owners policy, you cannot legally go without at least purchasing bodily injury and property damage liability coverage.

It is essential because it pays for injuries, deaths, or property damage from  an accident you caused.

Also, uninsured or underinsured motorist coverage is required in some states.

Take a look at how Dairyland is far cheaper than it’s competitors in the state of Texas for liability only insurance with an SR22.

Insurance Company	Liability Only With an SR22
Dairyland	$77
21st Century	$106
The General	$109
USAA	$109
National General	$110
Mendota Ins. Company	$112
Progressive Insurance	$115
Allstate	$116
AssuranceAmerica	$120
Bristol West	$128
GAINSCO	$128
Acceptance RTR	$131
Geico	$132
Travelers	$145

Dairyland Offers Other Optional Insurance Coverages Too

Collision coverage, which repairs expenses from traffic-related accidents, regardless of who’s at fault, and comprehensive coverage which repairs costs from events outside of your control that are related to weathers events, hitting an animal while driving, theft and vandalism are optional coverages.

Other additional coverage options include:

Special equipment coverage: this particular coverage pays for damage to custom parts that you’ve added to your car. 

Lienholder policy: A lienholder is required by the lender if you lease or finance a vehicle. When you get this coverage it covers the cost of the loan if in any event you are in an accident before you paid it off. 

Non-owner insurance: Non-owner insurance is needed if you cause an accident while driving another person’s car. This secondary insurance usually pays for damage that doesn’t fall under the car’s primary policy. Typically non owner coverage is needed if you don’t own a car, need an sr-22 or drive sparingly.

Cheap Insurance Companies for Auto: Advantage Auto/Mendota

Mendota Offers the Best Rates for Drivers With a Bad Record

Advantage Auto also known as Mendota is a beloved company, and one of the cheapest car insurance companies, especially for the state of Colorado. While many people haven’t heard of them, they have been around for many years helping hundreds of people find the perfect cheap insurance meant for them.

Mendota is a one of the car insurance companies best known for accommodating non-standard, high-risk drivers, drivers who need an SR22 for a DUI, etc.

Mendota coverages are bodily injury and property damage, uninsured and underinsured motorist coverage , collision coverage, and comprehensive coverage.

Cheap Insurance Companies for Auto: Gainsco

Gainsco: Another Great Option If You Have Violations on Your Record

Gainsco Insurance is headquartered in Dallas,Texas, and is one of the cheapest car insurance companies for nonstandard auto insurance and high-risk drivers.

The coverages that are offered and could be required are bodily injury and property damage, uninsured and underinsured motorist coverage , collision coverage, and comprehensive coverage.

Their additional coverages you can get are SR22 filings that is mainly targeted at drivers who need insurance after a serious offense or a DUI.

They also offer non-owners insurance which gives you the state minimum liability coverage when you don’t actually own an automobile. This can also help prevent you from being labeled as a high risk driver due to a lapse of coverage if you’re without a vehicle at that point of time. 

Cheap Insurance Companies for Auto: National General

National General Is Great Car Insurance for First Time DUI offenders

National General, which is also called NatGen, is another one of our cheap insurance companies, and typically is targeted at high-risk drivers and offers an affordable premium to first time DUI offenders once they have completed safe driving and substance abuse therapy programs.

The different types of coverage they have are bodily injury and property damage liability, uninsured or underinsured motorist coverage, collision coverage and comprehensive coverage. 

Additional coverages that are offered are sr22 insurance, customer satisfaction guarantee, emergency expense allowance, and valet insurance. 

See how National General Compares to other insurance companies who offer liability only coverage:

Insurance Company	Average Liability Only Rate
National General	$101
Acceptance RTR	$109
USAA	$109
Liberty Mutual	$110
AssuranceAmerica	$116
Bristol West	$116
Geico	$116
GAINSCO	$137
State Farm	$140
Nationwide	$141

Cheap Insurance Companies for Auto: Travelers

Homeowners Can Find Great Auto Insurance Deals with Travelers

Travelers Insurance Company is one of the nation’s largest providers of auto insurance policies and one of the cheap insurance companies that have many bundling opportunities and additional insurance options.

They offer the required coverages: bodily injury and property damage liability, uninsured or underinsured motorist coverage, collision coverage, and comprehensive coverage.

They also offer additional coverages such as gap insurance, rideshare insurance, premier new car replacement , travelers responsible driver plan, and the premier responsible driver plan. 

The best thing about Travelers is that you can bundle your auto policy with a renters or homeowners policy. Bundling your insurance policies great ways to cut down on your premiums.

Cheap Insurance Companies for Auto: The General

The General helps clients who have poor credit, violations, accidents, or insurance lapses in their coverages.

The General Insurance company is headquartered in Nashville, Tennessee and is another one of the cheap insurance companies that mainly targets high-risk drivers and can issue an SR22 in most states.

They offer bodily injury and property damage liability, uninsured or underinsured motorist coverage, collision coverage, and comprehensive coverage.

Cheap Insurance Companies for Auto: Suncoast

Suncoast Is A Great Starter Company For Drivers Establishing a better Insurance Score

Suncoast is one of the many cheap insurance companies that have been working with agents for many years.

They offer coverages such as  bodily injury and property damage liability, uninsured or underinsured motorist coverage, collision coverage, and comprehensive coverage.

The additional coverages that they offer are loan/lease gap coverage, rental reimbursement coverage, and roadside assistance. 

Cheap Insurance Companies for Auto: Tips and Tricks

Finding cheap insurance companies can depend on various factors including your location, driving record, age, type of vehicle, coverage needs, and more. While I can’t provide an exhaustive list of the cheapest insurance companies as rates vary widely, here are some tips to help you find affordable insurance:

1. Shop Around: Compare quotes from multiple insurance companies to find the best rates. You can use online comparison tools or work with independent insurance agents who can provide quotes from multiple companies.
2. Consider Regional Insurers: Regional insurance companies may offer lower rates compared to national insurers. These companies often specialize in specific regions and may have competitive rates for local policyholders.
3. Look for Discounts: Many insurance companies offer discounts for various factors such as safe driving records, bundling multiple policies, completing defensive driving courses, installing anti-theft devices, and more. Inquire about available discounts when obtaining quotes.
4. Adjust Coverage Limits: Consider adjusting your coverage limits and deductibles to find a balance between adequate coverage and affordability. Keep in mind that opting for higher deductibles can lower your premiums, but it also means you’ll pay more out of pocket in the event of a claim.
5. Maintain a Good Driving Record: Your driving history significantly impacts your insurance premiums. Avoid accidents and traffic violations to maintain a clean driving record, which can lead to lower insurance rates over time.
6. Review and Update Your Policy Annually: Life circumstances change, so it’s essential to review your insurance policy annually to ensure it still meets your needs. Update your coverage levels and shop around for better rates if necessary.
7. Consider Usage-Based Insurance: Some insurance companies offer usage-based insurance programs that use telematics devices or smartphone apps to track your driving habits. If you’re a safe driver, you may qualify for lower rates through these programs.
8. Check for Membership Discounts: Some organizations, such as alumni associations, professional groups, or military affiliations, offer discounts on insurance premiums. Check if you qualify for any membership discounts through your affiliations.
9. Ask About Payment Options: Some insurance companies offer discounts for paying your premium in full annually or setting up automatic payments. Inquire about available payment options and any associated discounts.
10. Review Customer Satisfaction Ratings: While price is important, it’s also essential to consider the customer service and claims handling reputation of insurance companies. Look for insurers with high customer satisfaction ratings and positive reviews.

Cheap Insurance Companies for Auto: Bristol West

Bristol West provides car insurance for high-risk drivers while offering sr22 for drivers with major violations on their record

The type of coverage that Bristol West offers in their company are bodily injury and property damage liability, uninsured or underinsured motorist coverage, collision coverage, and comprehensive coverage. The additional insurance they offer are gap insurance and rideshare coverage. 

Cheap Insurance Companies for Auto: Assurance America

Assurance America provides insurance for drivers who have a history of tickets or inconsistent insurance.

Assurance America is based in Atlanta, Georgia. 

The type of coverage that they offer in their company are bodily injury and property damage liability, uninsured or underinsured motorist coverage, collision coverage, and comprehensive coverage.

The additional insurance that they offer are personal injury protection and towing and accidental death. 

Cheap Insurance Companies: Best Company for YOUR Circumstances

The best option for you?

Best Cheap Insurance Companies for Poor Credit

• Assurance America
• National General
• Travelers
• Progressive 

Best Insurance Companies for High Risk Drivers

• Mendota
• Gainsco
• National General
• The General
• Bristol West

Most Affordable Insurance Companies for Young Drivers

• Progressive
• Travelers
• The General 

Cheapest Insurance Companies for Lack of Insurance History

• Assurance America
• Suncoast
• Progressive 

Cheapest Insurance Companies With Best Options for Discounts

• Travelers
• Progressive
• Dairyland  

Other Helpful Guides For the Best Insurance

Last Updated on December 3, 2024 by Marlon Moss