Cheapest car insurance companies in Beltsville
Geico and Nationwide offer the cheapest car insurance rates in Beltsville for 2023, according to a study by Insurance.com.
The car insurance company in Beltsville that provides the cheapest car insurance premiums is Geico, with an average annual rate of $1,434 .
Car insurance prices in Beltsville can differ based on where you live, your driving history, coverage limit, and your insurance provider. To find the best deal on auto insurance, it's wise to compare quotes from various companies. Below are the companies that offer cheap car insurance to Beltsville drivers.
| Companies | Average annual rates |
|---|---|
| USAA | $1,180 |
| Geico | $1,434 |
| Nationwide | $1,606 |
| Travelers | $1,756 |
| Kemper Insurance | $1,822 |
| Erie Insurance | $1,925 |
| Progressive | $2,083 |
| Penn National Insurance | $2,419 |
| State Farm | $2,686 |
| Allstate | $3,812 |
Cheapest car insurance cost in Beltsville by Age Group
USAA is the cheapest option for car insurance in Beltsville for teen drivers, with average annual premiums at just $4,267 annually. Teenagers face high insurance costs due to inexperience and higher accident rates.
However, teen drivers can keep their insurance rates low by taking advantage of the good student discount or by staying on their parent's car insurance policy for as long as possible.
USAA provides the cheapest car insurance coverage for young drivers in Beltsville, with an annual premium of $1,832 on average.
As Beltsville drivers transition into their 30s, they can enjoy significantly lower auto insurance costs compared to their 20s. USAA stands out as the cheapest car insurance option for adult drivers, with an annual premium of $1,175.
USAA is the cheapest option for senior drivers in Beltsville, with an average premium of $1,155 a year, significantly lower than most competitors, based on Insurance.com's in-depth data analysis.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| USAA | $4,267 | $1,832 | $1,175 | $1,155 |
| Erie Insurance | $4,542 | $2,916 | $2,011 | $2,018 |
| Geico | $5,309 | $2,790 | $1,448 | $1,611 |
| Kemper Insurance | $5,442 | $3,500 | $1,829 | $2,119 |
| Nationwide | $6,135 | $3,108 | $1,620 | $1,579 |
| Travelers | $6,408 | $2,776 | $1,793 | $2,070 |
| Progressive | $6,796 | $3,614 | $2,108 | $2,195 |
| State Farm | $7,899 | $4,450 | $2,710 | $2,759 |
| Allstate | $8,086 | $5,691 | $3,793 | $4,150 |
| Penn National Insurance | $9,367 | $4,841 | $2,376 | $2,318 |
Cheapest car insurance companies in Beltsville by driver profile
Driver profile is one of the many factors that insurers take into account to determine car insurance premiums in Beltsville. Drivers with a history of accidents or traffic citations on their record can expect significantly higher costs than those with a clean driving record.
Comparison shopping is the key to getting the cheapest car insurance rates in Beltsville. By comparing rates from multiple providers, you ensure you're getting the coverage you need at an affordable price.
Below are some of the cheapest car insurance companies in Beltsville by driver profile.
- Cheapest for a driver with poor credit: Geico
- Cheapest for a driver with a speeding ticket: USAA
- Cheapest for accident: USAA
- Cheapest for DUI: Geico
Cheapest for a driver with poor credit: Geico
If you're a Beltsville driver with poor credit, Geico 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 $1,487 annually.
Here are car insurance carriers that offer affordable rates for drivers with poor credit scores in Beltsville.
| Company | Average annual rates |
|---|---|
| Geico | $1,487 |
| USAA | $1,807 |
| Nationwide | $2,298 |
| Travelers | $2,583 |
| Progressive | $3,074 |
| State Farm | $4,383 |
Cheapest for drivers with a speeding ticket: USAA
USAA offers the cheapest auto insurance rates for drivers with a speeding ticket in Beltsville. It provides full coverage car insurance for drivers aged 30 at about $1,246 per year.
Finding the cheapest car insurance isn't a one-size-fits-all scenario. What may be the most cost-effective option for you might not be the same for someone else. That's why you should compare car insurance quotes from multiple carriers.
| Company | Average annual premium |
|---|---|
| USAA | $1,246 |
| Geico | $1,618 |
| Travelers | $2,108 |
| State Farm | $2,234 |
| Nationwide | $2,294 |
| Progressive | $2,693 |
Cheapest auto insurance after an at-fault accident: USAA
According to Insurance.com's analysis, USAA tops the list of cheap car insurance providers in Beltsville for drivers involved in at-fault accidents, with an average annual cost of $1,823. After being in an at-fault accident, finding cheap car insurance rates might seem challenging, but by comparing quotes, you can find a policy that aligns with your budget.
| Company | Average annual rates |
|---|---|
| USAA | $1,823 |
| Geico | $2,101 |
| Travelers | $2,152 |
| State Farm | $2,531 |
| Nationwide | $3,017 |
| Progressive | $3,521 |
Cheapest auto insurance after a DUI: Geico
Buying car insurance doesn't have to break the bank. Geico offers the cheapest full coverage policy in Beltsville for drivers with a DUI, with an average annual premium of $1,658.
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.
| Company | Average annual rates |
|---|---|
| Geico | $1,658 |
| State Farm | $2,234 |
| Travelers | $2,641 |
| USAA | $2,878 |
| Nationwide | $3,461 |
| Progressive | $3,473 |
Average car insurance cost in Beltsville
The average car insurance rate in Beltsville for full coverage is $2,072 per year or $173 a month. These rates are for coverage levels of 100/300/100. Whereas the average rate for state minimum coverage in Beltsville is $925 per year.
You pay more for full coverage insurance than the state minimum, but it covers damage to your car besides providing coverage for other driver's vehicle. To lower your premium, consider comparing quotes from different companies.
| Average annual Rates | State minimum average |
|---|---|
| $2,072 | $925 |
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.
