Top 5 Cheap Car Insurance Companies

3. Geico: The Cheapest Auto Insurance after discounts

Geico is a cheap car insurance provider, with the average rates for drivers being $1,758, compared to $2,646 for the industry average. They offer a wide range of comprehensive auto insurance options that are reasonably priced and even offer a 15% savings for their customers. The company operates in all 50 states, and offers further discounts for certain groups, such as military personnel, good students, federal employees, seniors, and more.

Advantages:

• Nationwide availability.
• Affordable premiums.
• High customer satisfaction ratings.
• Streamlined claims handling process.
• Convenient online application and account management.

Disadvantages:

• Limited coverage options outside of auto insurance.
• Fewer local agents than competitors.

Unique Coverage Features:

• Mechanical Breakdown Insurance that covers repairs for new or leased vehicles less than 15 months old with less than 15,000 miles.
• Auto Repair Xpress® program that provides fast repairs and streamlined claims processing after an accident.
• Rideshare insurance is available.