Cheapest car insurance companies in Bishop
A recent data analysis by Insurance.com found the cheapest car insurance companies are Texas Farm Bureau and Geico in Bishop for 2023.
Texas Farm Bureau has the cheapest car insurance rates in Bishop at an average cost of $1,146 per year.
When it comes to car insurance costs in Bishop, several factors come into play. Your location, driving record, coverage level, and the insurance company you choose can all affect the price you’ll pay. Make sure you shop around and compare policies apples to apples to get a good deal on your insurance policy.
| Companies | Average annual rates |
|---|---|
| Texas Farm Bureau | $1,146 |
| Geico | $1,490 |
| Nationwide | $1,610 |
| USAA | $1,735 |
| State Farm | $1,895 |
| Auto Club Enterprises (AAA) | $2,090 |
| Redpoint County Mutual | $2,136 |
| Progressive | $2,469 |
| Allstate | $2,756 |
Cheapest car insurance cost in Bishop by Age Group
In Bishop, Redpoint County Mutual is the cheapest car insurance company for teenagers, offering full coverage policies at $2,136 a year, on average. Teenagers often face higher car insurance rates due to statistical data indicating that they pose a greater risk on the roads.
Getting lower rates isn't easy for young drivers, but they can take some steps to increase their chances of getting affordable insurance. Many insurance companies offer good student discounts to drivers who maintain a certain grade point average (GPA). Besides, teen drivers can lower premiums by staying on their parents' insurance.
Among the carriers analyzed, Texas Farm Bureau is the cheapest car insurance option for young drivers in Bishop, at $1,592 a year for a full coverage policy.
For Bishop drivers entering their 30s, car insurance becomes significantly more affordable compared to their younger years. Texas Farm Bureau provides the cheapest car insurance premiums, offering full coverage policies at $1,138 annually.
Texas Farm Bureau is the cheapest option for senior drivers in Bishop, with an average premium of $971 a year, significantly lower than most competitors, based on Insurance.com's in-depth data analysis.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| Farmers | N/A | $6,294 | N/A | N/A |
| Redpoint County Mutual | $2,136 | $2,136 | $2,136 | $2,136 |
| Texas Farm Bureau | $2,203 | $1,592 | $1,138 | $971 |
| Geico | $3,531 | $1,967 | $1,485 | $1,468 |
| USAA | $3,654 | $2,482 | $1,755 | $1,764 |
| State Farm | $4,996 | $2,998 | $1,893 | $1,793 |
| Allstate | $5,569 | $3,853 | $2,784 | $2,669 |
| Nationwide | $5,876 | $2,856 | $1,601 | $1,588 |
| Auto Club Enterprises (AAA) | $6,801 | $3,778 | $2,131 | $2,138 |
| Progressive | $10,917 | $4,197 | $2,486 | $2,498 |
Cheapest car insurance companies in Bishop by driver profile
Car insurance rates in Bishop vary by driver profile. Drivers with a history of accidents or tickets on their record will likely pay more for car insurance than those without any driving violations.
To find the cheapest car insurance company in Bishop, it's important to compare auto insurance rates from multiple providers. This way, you can find the best deal that meets your needs and budget.
Based on data analysis by Insurance.com's experts, these are the cheapest car insurance companies for Bishop drivers based on driver profile.
- Cheapest for a driver with poor credit: Nationwide
- Cheapest for a driver with a speeding ticket: State Farm
- Cheapest for accident: State Farm
- Cheapest for DUI: State Farm
Cheapest for a driver with poor credit: Nationwide
Drivers in Bishop with poor credit can get the cheapest car insurance from Nationwide at an average cost of $2,258 a year, according to a data study by Insurance.com.
Here are car insurance carriers that offer affordable rates for drivers with poor credit scores in Bishop.
| Company | Average annual rates |
|---|---|
| Nationwide | $2,258 |
| State Farm | $2,601 |
| USAA | $2,781 |
| Progressive | $2,954 |
| Farmers | $3,138 |
| Geico | $3,461 |
| Allstate | $5,294 |
Cheapest for drivers with a speeding ticket: State Farm
In Bishop, State Farm provides the cheapest car insurance premiums for drivers aged 30 with speeding tickets on their record at an annual cost of $1,258, on average.
Some companies are known for providing the cheapest car insurance rates, but finding the most affordable policy depends highly on individual factors.
Comparing quotes from various car insurance companies can prove beneficial for getting the best deal. With this, you can get the coverage you need at an affordable price.
| Company | Average annual premium |
|---|---|
| State Farm | $1,258 |
| USAA | $1,770 |
| Nationwide | $1,940 |
| Geico | $2,014 |
| Progressive | $2,300 |
| Allstate | $3,331 |
| Farmers | $3,784 |
Cheapest auto insurance after an at-fault accident: State Farm
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 Bishop is $1,581. 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.
| Company | Average annual rates |
|---|---|
| State Farm | $1,581 |
| Geico | $2,248 |
| Nationwide | $2,532 |
| USAA | $2,813 |
| Progressive | $2,910 |
| Farmers | $5,535 |
| Allstate | $5,563 |
Cheapest auto insurance after a DUI: State Farm
In Bishop, 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 $2,301 a year.
Drivers convicted of a DUI offense face substantial increases in their car insurance rates. To get affordable premiums, you should compare quotes from different insurance carriers.
| Company | Average annual rates |
|---|---|
| State Farm | $2,301 |
| Progressive | $2,477 |
| Geico | $2,598 |
| USAA | $2,679 |
| Farmers | $3,277 |
| Nationwide | $3,507 |
| Allstate | $6,566 |
Average car insurance cost in Bishop
The average car insurance rate in Bishop for full coverage is $1,925 per year or $160 a month. These rates are for coverage levels of 100/300/100. Whereas the average rate for state minimum coverage in Bishop is $646 per year.
Full coverage car insurance may cost more than the state minimum, but it offers valuable protection beyond just covering damage to other drivers' vehicles. Unlike state minimum, full coverage includes damage to your vehicle in addition to liability coverage.
You can potentially lower your full coverage premium by comparing quotes from different carriers. It allows you to find the best coverage at a competitive price.
| Average annual Rates | State minimum average |
|---|---|
| $1,925 | $646 |
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.
