Cheapest car insurance companies in Altoona 

A recent data analysis by Insurance.com found the cheapest car insurance companies are Travelers and State Farm in Altoona for 2023. 

In Altoona, Travelers provides the cheapest auto insurance rates to drivers at an average annual premium of $1,075 annually

Car insurance costs may vary in Altoona based on your location, driving record, coverage level and the insurance company you choose. Increase your chances of getting the best deal by comparing car insurance quotes from multiple carriers. The following companies are known to offer the cheapest auto insurance rates in Altoona.

CompaniesAverage annual rates
Travelers$1,075
USAA$1,116
State Farm$1,186
West Bend Mutual$1,196
Auto-Owners$1,346
IMT Insurance$1,377
Progressive$1,385
Geico$1,403
Iowa Farm Bureau$1,508
Allstate$1,985
Grinnell Mutual$2,275
Data refreshed as of May 2024
Read our full methodology

Cheapest car insurance cost in Altoona by Age Group 

IMT Insurance stands out as Altoona's cheapest auto insurance company for teen drivers at an average annual of $2,780. Insurance providers classify teenagers as high-risk drivers, and that's why they typically face increased insurance costs compared to other age groups. 

However, teen drivers who maintain good grades or stay on their parent's policy can qualify for significant insurance discounts.

Among the carriers analyzed, Travelers is the cheapest car insurance option for young drivers in Altoona, at $1,743 a year for a full coverage policy.

For Altoona drivers entering their 30s, car insurance becomes significantly more affordable compared to their younger years. Travelers provides the cheapest car insurance premiums, offering full coverage policies at $1,100 annually

If you are a senior driver in Altoona and looking for a cheap car insurance company, then consider buying insurance from USAA. It is the cheapest auto insurance company for senior drivers, with an average premium of $1,091 per year

CompanyTeensYoung AdultsAdultsSeniors
IMT Insurance$2,780$2,029$1,393$1,318
USAA$3,151$1,843$1,143$1,091
State Farm$3,426$1,985$1,191$1,125
Travelers$3,674$1,743$1,100$1,101
Auto-Owners$3,675$2,397$1,349$1,300
Geico$3,762$2,209$1,411$1,312
Iowa Farm Bureau$4,361$2,467$1,428$1,368
West Bend Mutual$4,466$2,250$1,192$1,217
Progressive$4,695$2,388$1,419$1,239
Grinnell Mutual$5,378$3,508$2,225$1,924
Allstate$7,153$3,131$2,052$1,960
Data refreshed as of May 2024
Read our full methodology

Cheapest car insurance companies in Altoona by driver profile 

Insurers in Altoona consider various factors, including driver profile, to calculate car insurance premiums. You can expect to pay significantly higher rates if you have a history of accidents or traffic citations on your driving record. On the other hand, those with a clean driving record enjoy more affordable coverage.

It's important to compare insurance quotes from at least three carriers to find the cheapest insurance company in Altoona that suits your budget. 

Here's a list of car insurance companies that offer cheap insurance rates in Altoona based on driver profile. 

If you're a Altoona driver with poor credit, Nationwide is the cheapest car insurance company for you, based on Insurance.com's in-depth data analysis. It offers a full-coverage car insurance policy at an average cost of $1,196 annually

Drivers with poor or bad credit scores in Altoona can consider the following car insurance companies to get the affordable car insurance coverage. 

CompanyAverage annual rates
Nationwide$1,196
Geico$1,379
Travelers$1,581
USAA$1,712
State Farm$2,114
Farmers$2,139
Allstate$2,280
Progressive$3,037
Data refreshed as of May 2024
Read our full methodology

State Farm offers the cheapest auto insurance rates for drivers with a speeding ticket in Altoona. It offers full coverage car insurance for drivers aged 30 at about $902 per year

Finding the right car insurance company is all about individual needs. Take the time to compare quotes from different carriers and secure the best deal. With careful analysis, you can find an insurance company that provides the best rates and coverage tailored to your specific needs.

CompanyAverage annual premium
State Farm$902
USAA$1,274
Nationwide$1,305
Travelers$1,478
Geico$1,568
Allstate$1,706
Farmers$1,951
Progressive$2,320
Data refreshed as of May 2024
Read our full methodology

State Farm is the cheapest auto insurance provider for drivers with a history of accidents. Its average annual rate for a driver with an at-fault accident in Altoona is $968. If you've had an accident in the past, it's important to find a provider that offers rates that are affordable and won't hurt your pocket. 

CompanyAverage annual rates
State Farm$968
Nationwide$1,485
Travelers$1,507
USAA$1,704
Geico$1,715
Farmers$2,257
Allstate$2,323
Progressive$2,993
Data refreshed as of May 2024
Read our full methodology

In Altoona, State Farm has the cheapest car insurance rates for individuals with DUI on their record. The company provides a full coverage policy at an average cost of $902 a year

A DUI conviction can significantly affect your auto insurance rates. However, to keep your coverage rates low, it is important to compare quotes from various insurers before renewing or purchasing a new policy. Doing so ensures you get the most competitive rate for your situation.

CompanyAverage annual rates
State Farm$902
Travelers$1,846
USAA$1,846
Geico$1,860
Nationwide$2,111
Farmers$2,320
Progressive$2,345
Allstate$2,446
Data refreshed as of May 2024
Read our full methodology

Average car insurance cost in Altoona 

In Altoona, the annual cost of car insurance for the coverage level of 100/300/100 is $1,441 or around $120 per month. However, the average yearly rate for state minimum coverage in Altoona is $300.

Choosing full coverage insurance may mean a higher policy cost compared to the state minimum, but it offers better protection. It provides liability coverage as well as

Average annual RatesState minimum average
$1,441$300
Data refreshed as of May 2024
Read our full methodology

Methodology

Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:

  • 40-year-old male driver
  • Honda Accord LX
  • 12-mile daily commute, 10,000 annual miles
  • Good credit
  • Clean record

While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2023.

Rates are based on coverage limits of:

  • $100,000 bodily injury per person
  • $300,000 bodily injury per accident
  • $100,000 property damage per accident
  • $500 comprehensive and collision deductible

Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.

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