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 carrierAn insurance carrier is the company that provides your car insurance policy and pays claims.. 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.
| Companies | Average 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 |
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 premiumThe payment required for an insurance policy to remain in force. Auto insurance premiums are quoted for either 6-month or annual policy periods. 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.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| Allstate | N/A | $6,316 | $4,584 | N/A |
| Farmers | N/A | $6,033 | $4,030 | $3,642 |
| Mercury Insurance | N/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 |
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.
- Cheapest for a driver with poor credit: State Farm
- 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: State Farm
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.
| Company | Average annual rates |
|---|---|
| State Farm | $3,503 |
| Geico | $3,606 |
| Nationwide | $3,745 |
| Travelers | $4,396 |
| Progressive | $5,354 |
| Allstate | $5,810 |
| Farmers | $6,046 |
Cheapest for drivers with a speeding ticket: State Farm
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.
| Company | Average annual premium |
|---|---|
| State Farm | $2,059 |
| Travelers | $3,173 |
| Geico | $3,191 |
| Allstate | $3,233 |
| Nationwide | $3,674 |
| Progressive | $4,613 |
| Farmers | $4,916 |
Cheapest auto insurance after an at-fault accident: State Farm
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.
| Company | Average annual rates |
|---|---|
| State Farm | $2,202 |
| Geico | $2,947 |
| Travelers | $3,164 |
| Nationwide | $3,673 |
| Allstate | $5,190 |
| Progressive | $5,510 |
| Farmers | $6,025 |
Cheapest auto insurance after a DUI: State Farm
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.
| Company | Average annual rates |
|---|---|
| State Farm | $2,059 |
| Travelers | $4,077 |
| Geico | $4,501 |
| Progressive | $4,545 |
| Farmers | $4,575 |
| Allstate | $4,777 |
| Nationwide | $6,094 |
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 Rates | $3,007 |
| State minimum average | $1,144 |
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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