Cheapest Liability Car Insurance Companies in 2022
The cheapest liability insurance is from Geico, AAA, and USAA. Liability-only auto insurance is coverage that only pays for damages you cause to other people and their property in a car accident, and is the minimum amount of auto insurance required in most states. A liability-only auto insurance policy is cheaper than full coverage, which also covers damage to your vehicle.
cheapest liability insurance companies
- cheapest for good drivers: geico
- cheaper for drivers with a speeding ticket: usaa
- cheaper for DUI drivers: mercury
- cheaper for drivers with an at-fault accident: aaa
- cheaper for teenage drivers: commuters
- cheaper for older drivers: geico
- $15,000 bodily injury liability coverage per person
- $30,000 bodily injury liability coverage per accident
- $5,000 in accidental property damage liability coverage
- $100,000 bodily injury liability coverage per person
- $300,000 bodily injury liability coverage per accident
- $50,000 property damage liability coverage per accident
- $100,000 uninsured motorist bodily injury coverage per person
- $300,000 uninsured motorist bodily injury coverage per accident
- $50,000 uninsured motorist property damage coverage per accident
- Collision coverage with a $500 deductible
- comprehensive coverage with a $500 deductible
Liability-only insurance costs an average of $609 per year from the cheapest companies. To help drivers find the most affordable liability insurance for their needs, WalletHub analyzed quotes from 17 of the top auto insurance companies.
the cheapest civil liability insurance for good drivers
Drivers with a clean record will pay less for auto insurance, since they are considered lower risk by insurance companies. Policyholders with no recent violations or at-fault accidents are eligible for good driver discounts with almost all major auto insurance companies. Good drivers can also get accident forgiveness with some insurers, which means your first at-fault accident won’t cause your rate to go up.
cheapest liability insurance for drivers with a speeding ticket
Speeding tickets will increase a driver’s insurance premium by an average of 25% over 3-5 years. But each insurance company will treat a speeding ticket differently, which is another reason to get multiple quotes.
cheapest liability insurance for drivers with dui
A DUI conviction can more than triple insurance premiums in some states. Drivers with a DUI may also need to file an SR-22 or FR-44, which can make coverage even more expensive. If it’s an option for you, purchasing a liability policy may only be a good option if your DUI conviction has made a full coverage policy unaffordable.
the most economical civil liability insurance for drivers with an at-fault accident
A single at-fault accident will increase premiums by an average of 48% over 3-5 years. an at-fault accident can also cause policyholders to lose their good driver discount.
cheapest teen driver liability insurance
Teen drivers are more expensive to insure than the average driver due to their lack of experience, but buying liability insurance alone is one way to make teen car insurance more affordable. It’s also often cheaper to add a teen to a parent’s existing policy than it is to buy an individual policy for a teen.
cheapest liability insurance for older drivers
Car insurance prices begin to rise once drivers turn 65, as older drivers are more likely to be in costly accidents than middle-aged drivers. But older drivers also have plenty of opportunities to save, like comparing quotes and taking senior driving courses.
full coverage vs cost of liability
Liability insurance is cheaper than full coverage because it only covers damages and injuries you cause to others. Full coverage, on the other hand, pays for repairs if your car is damaged by an accident you cause or something beyond your control, such as vandalism or a natural disaster. the exact cost difference will vary based on your individual risk factors as well as the insurance company you choose.
To learn more about the difference between liability insurance and full coverage auto insurance, check out wallethub’s complete guide. for more information on table citations, see the methodology section below.
Liability insurance costs by state
For more information on these quotes, please see the methodology section below.
tips for finding cheap liability insurance
1. compare quotes
Comparing quotes from multiple companies should always be your first step when shopping for auto insurance, as it will help you get the best deal. Every company calculates premiums differently, so use this list as a starting point to find the lowest prices for your individual circumstances.
2. look for discounts
All insurance companies offer a variety of discounts that can help lower your premium, and it’s worth the effort to ask about discounts that aren’t applied automatically. For example, ask your insurer if they offer discounts for taking a defensive driving course, or see if you can save by paying through automatic withdrawal.
3. consider your coverage limits
Lowering your liability limits will lower your premium. however, low liability limits can cost you money in the long run if you don’t have enough coverage to pay for the damages you cause in a car accident. therefore, it’s best to consider whether the auto insurance coverage required by your state will protect you from the financial ramifications of a serious accident.
4. reduce your risk factors
Although auto insurance companies consider some factors you can’t control, like age and gender, there are some things you can change. For example, improving your driving record and increasing your insurance score will help lower your premium over time.
wallehub editors compared 17 of the top auto insurance companies to determine the cheapest auto liability insurance. The above premiums are an average of a series of quotes obtained from quadrant information services. all premiums are annual rates.
The reference driver profile was a 45-year-old single male with a clean driving record and good credit, who drives a sedan an average of 15,000 miles per year. premiums for older drivers were based on a 65-year-old driver with the same car and mileage. the profile of the teenage driver reflects an average of premiums for young people between the ages of 16 and 19, also with the same car and mileage.
The following coverage limits were used for most categories, as well as for the company’s cost comparison table:
Full coverage premiums used the following coverage limits:
wallehub editors determined the cheapest company in each state using quotes for the benchmark driver profile. Quotes from a variety of zip codes were averaged using each state’s minimum coverage requirements.