Geico and Nationwide had relatively cheap car insurance for drivers with bad credit among the companies we analyzed. With potentially exorbitant rates, it’s vital to shop around. That comes out to over $1,500 more per year, on average. Poor credit can cause higher auto insurance rates than having a DUI or at-fault accident on your record.Īverage auto insurance costs go up 79% for drivers with poor credit compared to those with good credit. Having poor credit can be one of the biggest hurdles to getting cheap car insurance quotes-even if you have an excellent driving record. The Cheapest Car Insurance for People With Bad Credit: Geico *USAA is available only to the military, veterans and their families. Total savings per year compared to average USAA auto insurance is a bit cheaper but is available only to those with a military connection.Īverage cost per year for a driver with one DUIĪverage cost per month for a driver with one DUI The Cheapest Car Insurance for Good Drivers: Auto-OwnersĪuto-Owners comes in as the cheapest company for good drivers that is available to the general public. Drivers who have caused an accident with injury. The company that offers the cheapest car insurance for you can vary depending on the class of driver you fall into. How much you pay for car insurance will depend on a number of factors, including your age, claims history and driving record. *USAA auto insurance is available only to the military, veterans and their families. Forbes Advisor rating for cheap car insurance
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