Cheapest car insurance companies in Clearwater 

State Farm and Nationwide have the cheapest car insurance premiums for Clearwater drivers in 2023, based on a data study by Insurance.com. 

State Farm is the cheapest option for most Clearwater drivers, with an average annual rate of $2,283

In Clearwater, what you pay for car insurance depends on factors such as your location, driving history, coverage level, and the insurance carrier. Take time to compare price quotes from at least three insurers to get the best coverage at an affordable rate. The table below shows the car insurance companies with cheap insurance rates. 

CompaniesAverage annual rates
State Farm$2,283
Nationwide$2,345
Travelers$2,388
Geico$2,862
United Automobile Insurance$2,909
Progressive$3,351
Mercury Insurance$3,589
National General Insurance$3,787
Farmers$3,983
Data refreshed as of May 2024
Read our full methodology

Cheapest car insurance cost in Clearwater by Age Group 

The cheapest auto insurance company in Clearwater for teen drivers is State Farm. For full coverage, its average annual rate for Clearwater drivers is $6,057. Insurance companies put teenagers in the category of high-risk drivers, and as a result, they are charged higher rates for insurance. 

Teens can maintain lower car insurance premiums by leveraging the good student discount or by remaining on their parent’s existing policy as long as feasible.

Nationwide provides the cheapest car insurance coverage for young drivers in Clearwater, with an annual premium of $3,185 on average.

An analysis of car insurance rates for Clearwater drivers reveal a significant decrease in premiums for individuals in their 30s compared to those in their 20s. State Farm offers the cheapest full-coverage car insurance rates at $2,285 per year.

State Farm is the cheapest option for senior drivers in Clearwater, with an average premium of $2,229 a year, significantly lower than most competitors, based on Insurance.com's in-depth data analysis. 

CompanyTeensYoung AdultsAdultsSeniors
AllstateN/A$6,316$4,584N/A
FarmersN/A$6,033$4,030$3,642
Mercury InsuranceN/A$5,760$3,762$3,664
State Farm$6,057$3,639$2,285$2,229
United Automobile Insurance$7,011$4,026$2,922$2,756
Nationwide$7,353$3,185$2,298$2,387
Geico$7,493$4,714$2,909$2,591
National General Insurance$7,940$5,311$3,894$3,881
Travelers$8,041$3,666$2,409$2,413
Progressive$8,595$4,820$3,263$3,325
Data refreshed as of May 2024
Read our full methodology

Cheapest car insurance companies in Clearwater by driver profile 

When determining car insurance rates in Clearwater, insurers consider multiple factors, including the driver's profile. Individuals with a clean driving record enjoy substantially lower premiums than drivers with a history of accidents or traffic citations.

To find the cheapest car insurance company in Clearwater, 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. 

Below are some of the cheapest car insurance companies in Clearwater by driver profile.

If you're a Clearwater driver with poor credit, State Farm 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 $3,503 annually

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

CompanyAverage annual rates
State Farm$3,503
Geico$3,606
Nationwide$3,745
Travelers$4,396
Progressive$5,354
Allstate$5,810
Farmers$6,046
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 Clearwater. It offers full coverage car insurance for drivers aged 30 at about $2,059 per year

Find the best car insurance company for your needs by comparing quotes from different carriers. Don't assume that the cheapest option for someone else will also be the cheapest for you. Take the time to shop around and get the coverage that best suits your needs. 

CompanyAverage annual premium
State Farm$2,059
Travelers$3,173
Geico$3,191
Allstate$3,233
Nationwide$3,674
Progressive$4,613
Farmers$4,916
Data refreshed as of May 2024
Read our full methodology

Finding affordable car insurance rates after an at-fault accident isn't easy, but if you compare quotes, you might find a policy that fits your budget.

In a recent data analysis, Insurance.com found that State Farm offers the cheapest car insurance rates for Clearwater drivers with at-fault accidents. It provides coverage at an average annual cost of $2,202.

CompanyAverage annual rates
State Farm$2,202
Geico$2,947
Travelers$3,164
Nationwide$3,673
Allstate$5,190
Progressive$5,510
Farmers$6,025
Data refreshed as of May 2024
Read our full methodology

Buying car insurance doesn't have to break the bank. State Farm offers the cheapest full coverage policy in Clearwater for drivers with a DUI, with an average annual premium of $2,059.

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$2,059
Travelers$4,077
Geico$4,501
Progressive$4,545
Farmers$4,575
Allstate$4,777
Nationwide$6,094
Data refreshed as of May 2024
Read our full methodology

Average car insurance cost in Clearwater 

On average, Clearwater drivers pay $3,007 annually, or $251 monthly, for full coverage car insurance policies with a coverage level of 100/300/100. Conversely, the average annual cost of state minimum coverage in Clearwater is $1,144.

Full coverage insurance costs more than the state minimum, but it provides comprehensive coverage for your car and coverage for other driver’s vehicle. To reduce your premium, you might want to compare quotes from various insurance companies.

Average annual RatesState minimum average
$3,007$1,144
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.