Auto Insurance Rates

Auto Insurance Quotes

Cheap rate carriers      Home

Best Rate NowSM

Auto Insurance Rates

Auto insurance rates change frequently | We bring you as available auto insurance rates from top insurers and authorized discount providers. Find companies who can offer a great auto insurance rate and start saving with better auto insurance rates today. Rates are first set at the state level and for each company who offers coverage, their auto insurance rate for various typical customer profiles is determined according to their own operating costs, company settlement costs and profit margins, amongst other things.

From the consumer's standpoint, the important thing to note is that auto insurance rates are not the same from each carrier, moreover, they differ significantly and change frequently such that the consumer is always advised to check quotes from a number of insurers for rate savings whenever any policy renewal is due.

auto insurance rate

In addition to state and individual company level factors, there are a great deal of personal based criteria which affect the auto insurance rate offered by each provider. When seeking those recommended quotes it is useful to note that a better auto insurance rate may be had from insurers directly, as opposed to that which may be obtained from a brokerage service. This is not simply due to commissions, but the fact that such services typically offer up auto insurance rates from a limited number of potential providers and ones with which they have a certain interest.

auto insurance rateAt individual consumer level, auto insurance rates by state depend on such things as the buyer's location, their age and gender, together with single or married status. There is also the question of driving and claims history, mileage, credit record and type of auto. Insurance rates as found by the individual consumer are therefore highly personalized.

There are steps which can be taken towards lowering your auto insurance rate. These include practicing safe driving, choosing a vehicle which does not attract a high auto insurance rate and numerous other ways. Securing better auto insurance rates invariably means taking many of these premium reducing steps in addition to just finding a lower cost provider.

At the state level there is great variation in rates on account of non individual insurer related issues which govern how companies must conduct their business, which in turn impacts aggregate costs for the industry. A good example is the state of Michigan, where average auto insurance rates are high compared to other states due to unique law surrounding medical payments for injured parties.

Another example is Louisiana which has a court system which favors litigation. The effect is to significantly increase the cost of business and raise the auto insurance rates in general available from all state insurers, costs which in turn are passed on to the consumer. Similarly, average auto insurance rates in some New England states are amongst the least expensive auto insurance rates in the nation, on account of population density, commuter patterns and lower annual mileages. An auto insurance rate comparison for the U.S. as a whole may see rates for an average policy ranging from $1,000-$2,500 per annum, with many populous states like Texas, Pennsylvania and Florida close to median. We help you target a better auto insurance rate by listing companies together with an indicative premium comparison where this is available, for the purpose of consumer information. Because formal quotes take time and require personal information, in this way one may gain a start on the company provider short listing process. An auto insurance rate quote may be obtained direct from choice insurers. You may also find deals from top carriers offering the cheapest auto insurance rates online.


- Learning Center
Uninsured motorist stats

- Tips
Cheap Auto Insurance online?

- Do You Know
About Auto insurance estimates?