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The cheapest liability car insurance costs an average of $28. USAA, Auto-Owners and Erie offer the cheapest rates
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Author: Daniel Robinson Author: Daniel Robinson Author: Daniel Robinson is an employee of Guides, and has written for numerous automotive news sites and dealerships in the US, UK, and Australia, specializing in auto finance and auto maintenance. Daniel Fleet’s guide to managing car insurance, loans, warranty options, car service and more.
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Edited by: Rashawn Michner Managing Editor Rashawn Michner is a leading team editor with more than 10 years of experience covering personal finance and insurance issues.
Liability car insurance alone is the cheapest coverage you can buy. However, it generally only provides the minimum coverage required by state law. In this article, a guide shows which major providers offer the cheapest average liability car insurance. We’ll also look at the state’s average liability insurance premiums and how they compare to comprehensive liability insurance.
When looking for cheap car insurance, we recommend getting quotes from the best car insurance companies in the industry. Helps you compare car insurance quotes to find the best rate.
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Our team of drivers is committed to providing reliable information to help you make the best decision about insuring your car. Because consumers trust us to provide objective and accurate information, we’ve created a comprehensive rating system to rank the best auto insurance companies. We’ve collected data on dozens of auto insurance providers to rank companies based on a variety of factors. After 800 hours of research, the final result is an overall rating for each provider, with insurance companies receiving the most points.
If you need affordable auto insurance, you may want to consider purchasing liability coverage that meets your state’s minimum auto insurance requirements.
We researched the cheapest car insurance companies and the states that tend to have the cheapest liability insurance. Estimates in the following sections are based on a 35-year-old married driver with good credit and a clean driving record.
According to our research, USAA generally offers the cheapest liability coverage at an average of $28 per month or $333 per year. The next cheapest liability auto insurance coverage comes from Auto Owners Insurance, which costs an average of $29 per month or $349 per year.
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In our estimation, the state with the cheapest liability car insurance is Vermont. The average cost of a Green Mountain State Liability policy is typically $23 per month or $282 per year. Michigan has the most expensive liability insurance, with rates averaging $133 per month or $1,604 per year.
Liability car insurance covers personal injuries and damages to others if you are found at fault in a car accident. Your insurance provider will pay for repairs to the other party’s car or medical expenses if the other party is injured.
Each state sets legally required minimum coverage, which usually includes some form of insurance. Virginia and New Hampshire are exceptions because neither state requires you to have auto insurance.
The amount of liability insurance coverage is represented by three numbers. Each number represents one of the following liability categories:
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An example of liability insurance might be 25/50/25, meaning you have $25,000 per person, $50,000 per accident, and $25,000 in property damage. At each event
Liability car insurance does not cover damages to your vehicle or expenses related to injuries. Collision insurance covers the cost of repairing your car. Medical Pay (MedPay) or Personal Injury Protection (PIP) cover your medical bills.
If you are not found to be at fault in the accident, neither you nor the insurance company will be held liable for the other party’s property damage or loss.
If you have a car loan or lease, you should maintain full coverage auto insurance. With that in mind, you should consider liability auto insurance if you only own your own vehicle.
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You should also remember that comprehensive and collision cover is a better deal when your car is new. As your vehicle ages, the maximum premium you can claim will decrease. When your car is 10 to 12 years old and the total value is less than $10,000, it’s hard to call for full coverage auto insurance.
Comprehensive coverage policies typically include state-required liability limits, as well as collision coverage and comprehensive coverage. Some comprehensive policies also include uninsured motorist (UM) coverage as required by some states.
Liability auto insurance has some of the cheapest rates in the industry, especially for comprehensive coverage. Because liability coverage doesn’t provide as much protection. Comparing the annual average estimates for these two coverages:
As you can see, it’s not uncommon for liability auto insurance to cost 60% less than a full coverage policy. Again, it’s all about getting what you pay for, as comprehensive auto insurance offers significant protection in addition to liability coverage.
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When calculating car insurance quotes, insurance companies look at several factors to calculate the amount you will pay.
You can work to find cheap auto insurance, improve your credit score, and avoid traffic violations. We recommend that you ask your provider about available car insurance discounts. Some providers offer discounts to good drivers or policyholders who bundle their car insurance with homeowner’s or renter’s insurance. Favors are also common for good students and members of various professional organizations.
The cheapest liability car insurance is usually the minimum coverage required by your state to legally drive. Each state sets its own requirements, so the cost of liability insurance varies from state to state.
If you’re looking to purchase liability-only auto insurance, we recommend checking out the policies offered by USAA and Erie Insurance Company.
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By researching the best insurance companies in the country, we found that USAA consistently offers the lowest car insurance rates. In addition to having the cheapest liability coverage on average, USAA offers a wide range of coverage options, including accident waivers and classic auto insurance.
USAA also has an A++ rating from AM Best, which indicates its financial strength and credibility as a business. Remember that USAA coverage is only available to active duty military, veterans and their dependents.
If you live in Washington, D.C. or one of the 12 states served by Erie, cheap car insurance may be the right choice for you. The company is known for its affordable rates, with liability and comprehensive coverage rates averaging 28% lower.
In addition to affordable liability coverage, Erie offers coverage options and many optional extras. According to AM Best, the supplier has good financial standing, which indicates that it is likely to pay compensation.
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In most states, coverage must be at least $50,000 per accident ($25,000 per person) and $25,000 for property damage. Some states also require uninsured motorist coverage along with personal injury protection or medical expense coverage.
The minimum you can pay for auto insurance is usually your state’s minimum liability coverage, which varies based on factors such as your vehicle and location. According to our research, USAA liability car insurance costs an average of $28, or $333 per year. Vermont has the lowest liability insurance rate in the US at $24 per month or $282 per year.
Liability insurance is usually the cheapest car insurance coverage because it only covers bodily injury and property damage if you are at fault in an accident. It does not cover damage to your vehicle or expenses related to your injuries.
It is illegal to drive without insurance in all states except Virginia and New Hampshire. The situation is different for those caught driving without insurance.
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USAA is the least expensive auto liability insurance company overall, with an average monthly income of $28 a month or $333 a year for married drivers over 35 with good credit and a clean driving record. Auto owners insurance is behind USAA, averaging $29 per month or $349 with liability coverage.
Because consumers trust us to provide objective and accurate information, we’ve created a comprehensive rating system to rank the best car insurance policies. We’ve collected data from dozens of car insurance providers
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