Cheap Car Insurance: Is it Too Good to Be True?

COSTA MESA, Calif. - Sept. 17, 2020 - PRLog -- Compare Premiums to Get the Cheapest Car Insurance Rates

Insured drivers can save a lot of money on their premiums if they shop around for the best rates. One study found that customers who used insurance comparison apps, like SmartFinancial, saved an average of $1,647 on car insurance premiums for a full auto insurance coverage policy. Most customers saved an average of 178% each year when they compared car insurance quotes from different carriers. Drivers should shop around and compare car insurance quotes from three to five companies to find the lowest, most affordable insurance rate. The study also found that state residents who could save the most money by shopping around include:

• Michigan - $4,837
• Kentucky - $ 2,805
• D.C. - $2,731
• Delaware - $ 2,718
• New Jersey - $2,579

Companies that Provide the Cheapest Average Annual Rates in 2020

U.S. News and World Report tracked the average annual rates for 2020. They include the following companies:

• USAA: $885
• GEICO: $1,168
• State Farm: $1,234
• Travelers: $1,267
• Progressive: $1,373
• American Family: $1 391
• Farmers: $1,682
• Nationwide: $1,864
• Allstate: $1,880

Get a free car insurance quote (https://smartfinancial.com/auto-insurance)!