Are you in search for cheap monthly car insurance with no upfront cost? If so, then this is the right article for you. Let me explain first. There is a huge misconception when it comes to auto insurance.
No depot insurance does not exist. However, your first months bill always goes toward your premium. The companies on this list give you the cheapest price possible for those who are on a budget. I strongly recommend that get a quote today which can save you over 25% on your car insurance.
Different types of car insurance
- Liability coverage
- Collision insurance
- Comprehensive insurance
- Uninsured motorist insurance
- Underinsured motorist insurance
- Medical payments coverage
- Personal injury protection insurance
- Gap insurance
- Towing and labor insurance
- Rental reimbursement insurance
Cheapest month to month auto insurance plans
- GEICO
GEICO was founded in 1936 and it the second largest auto insurer in the United States. The cheapest monthly insurance quote that you will find is with GEICO. I have been using GEICO for over 5 years and I strongly recommend them. Years ago, I bought a new BMW and I was frustrated at the expensive car insurance policies that I was finding.
Then, I found GEICO and they gave me an amazing insurance quote that I couldn’t turn down. What I love about GEICO is that, they stick to their quote. Some companies give you a quote and then the price jumps after you sign up. GEICO does not do this. What you see is what you get.
Also, I love the GEICO team, I know buying insurance can be difficult for many people as you can be bombarded with different coverages. GEICO explains the coverages perfectly and when you call in they will even show you ways that you can reduce your monthly insurance plan. Whether you are a student, young driver, senior, single, married, etc. finding affordable insurance with GEICO should not be a problem.
GEICO is one of the highest rated auto insurers. In the J.D. Power Auto Claims Satisfaction Study GEICO received 870 points on a 1000-point scale. A.M. Best gave GEICO an A++ (Superior) Financial strength rating. Standard and Poor’s (S&P) also gave GEICO a financial rating of AA+. Fitch gave Berkshire Hathaway insurance units an AA+ financial strength rating.
It is clear from several financial analyst organizations that GEICO is able to pay out their customer’s auto claims. Not only are you getting cheaper auto insurance, but you are also getting great claims coverage.
2. Allstate
Allstate is famous for their Dennis Haysbert commercials. “That’s Allstate’s stand. Are you in good hands?” Allstate was founded on April 17, 1931 and they’re all about helping you live a secured and good life by protecting what matters most to you. Allstate is surprisingly cheap.
When you’re shopping around, you will immediately notice that you can save thousands a year on car insurance with Allstate. I love the perks of Allstate such as accident forgiveness. One of the worst things about getting into an accident is finding out that your insurance rate has increased.
With accident forgiveness your rate won’t increase because of one accident. It doesn’t matter if it’s your fault or not which is awesome. Allstate gives you a safe driving bonus. This perk allows you to receive a check every six months that you’re accident free. Also, Allstate gives you deductible rewards. With deductible rewards you’ll get $100 off your deductible, plus $100 each year you’re accident free. There are many perks of using Allstate.
3. Esurance
Esurance was founded on April 22, 1998. Today Esurance is an Allstate company. Ensurance is an awesome cheap insurance company that sells auto, home, motorcycle, and renters insurance. Their goal is to help their customers make smarter choices when it comes to protecting their automobiles. Depending on what you need Esurance can help you save hundred on an auto policy.
The Esurance website is extremely beautiful and user-friendly compared to some other insurance sites. Not only is it cheap, easy, and convenient, but Esurance also has many excellent features. Esurance allows you to make claims by video which is convenient especially when you are in a stressful situation such as a car accident.
This means that getting a repair estimate and payment just got easier. I also love Esurance DriveSense which allows customers to save as much as 30% on policy premiums by being safe and responsible out on the road. With Esurance keep on recalculating until you find your desired auto quote.
4. Infinity Insurance
Infinity was founded in 1955. Their name says it all. They are all about endless possibilities, continuous customer care, all-encompassing policies, and an unwavering commitment to policy holders. With Infinity I’ve always been able to get a cheap preliminary quote.
Infinity has 4 coverage options to choose from and you can also call in to receive custom coverage options. Infinity helps you to receive the discounts that you may have been missing out on such as a multi-car discount, anti-theft and vehicle safety devices, driving safely course, low mileage discounts, and more. One neat thing about Infinity is that they offer ridesharing for Uber and Lyft drivers in Florida.
Also, Infinity customers are given DriverClub. This provides 24/7 roadside assistance. What makes DriverClub so awesome is that, you do not have to be a driver to benefit. Even if you’re a passenger in your friend’s car you are given 24/7 roadside assistance.
5. Liberty Mutual
Founded in 1912, Liberty Mutual is one of the oldest insurance companies in the world. The goal of Liberty Mutual is to help their customers to preserve and protect what they earn, build, own, and cherish. Liberty Mutual is a great car insurance company for young drivers and they are rich in insurance features.
They are another company that offers accident forgiveness. What I also love about Liberty Mutual is that they offer new car replacement. First, hopefully you or a child never totals their car, but worst case scenario with new car replacement, you will receive money for a brand new car. This only applies for new vehicles less than a year old and under 15,000 miles.
Most companies only give you money for the depreciated value but Liberty Mutual goes above and beyond. Liberty Mutual offers great quotes, but they get even cheaper for teachers. They offer special coverage for school teachers at no additional cost. Liberty Mutual gives teachers vandalism loss protection, personal property coverage, collision coverage, and more.
6. USAA
The United Services Automobile Association was founded in 1922 in San Antonia Texas. USAA offers very cheap car insurance. However, not everyone is eligible. Those eligible for USAA are active, retired, and honorably separated officers. There are ways to use USAA without having a military background, such as having a family member with a military background.
With USAA you are protected everywhere. This is a great perk to have as your military assignments change. USAA offers many driving discounts such as their defensive driver discount, good student discount, driver training discount, vehicle storage discount, annual millage discount, family discount, and length of membership discount.
Better Business Bureau allows us to know how each company handles customer complaints. BBB gave USAA an awesome A+ rating. Not only will you receive a plethora of discounts, but you have an auto insurer that handles claims and complaints well.
USAA provides you with competitive loans and car insurance quotes. You are given easy access to manage your insurance policies. Lastly, take advantage of their awesome auto insurance tips.
7. Get a quote from Metromile here.
Metromile is a San Francisco-based insurance provider that was founded in 2011 by David Friedberg and Steve Pretre. Do you drive less than 10,000 miles a year? If so, then Metromile might be just right for you. Metromile is a very unique car insurance company.
This is the only company on this list that offers car insurance based on how much you drive. You will pay a low base rate plus pennies per mile. How does it work you ask? They will send you a free device called the Metromile Pulse. This plug which is plugged into your car will track how many miles that you drive.
Then, you will pay based on those miles. Metromile is only available in California, Illinois, New Jersey, Oregon, Pennsylvania, Virginia, and Washington. Claims made easy include 24/7 roadside assistance. Filing a claim is quick and easy. Metromile will identify reputable repair facilities and keep you updated until the repair is finished.
Start a Metromile quote today.
8. StateFarm
StateFarm was founded in 1922 and their goal is to help their customers manage the risks of everyday life, recover from the unexpected, and realize their dreams. What StateFarm excels in is giving their customers various coverage options to choose from such as the basic collision coverage which helps to pay for repairs or vehicle replacement.
You are also given rental car reimbursement, uninsured motorist coverage, underinsured motor vehicle coverage, and more. Customers can save as much as 15% on auto insurance with their Steer Clear discount. This discount benefits drivers under 25 without any at-fault accidents or moving violations within the past three years.
9. Progressive
Progressive is a car insurance company that was founded in 1937. One thing I love about Progressive is that they get cheaper and cheaper with Snapshot. Progressive collects info on your driving habits which helps to reduce insurance rates next time you renew.
Progressive insurance policy options include commercial auto insurance, snowmobile insurance, boat insurance, travel trailer insurance, all-terrain vehicle insurance, segway insurance, umbrella insurance, and more.
Progressive offers gap insurance, which means that if your car is totaled, then they will pay up to 25% above the value of the vehicle to cover the loan. Do you have a pet? If so, Progressive also pays all vet bills in case your car or dog is injured in a car accident.
Bottom Line
There are many companies to choose from. I strongly recommend that you start comparing quotes today to save money on your car insurance.