Cheapest car insurance companies in Dayton
According to a study by Insurance.com, the cheapest car insurance companies in Dayton for 2023 are Travelers and State Farm.
Travelers offers the cheapest car insurance premium for Dayton drivers at an annual rate of $1,346 a year, on average.
Car insurance prices in Dayton 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 Dayton drivers.
| Companies | Average annual rates |
|---|---|
| USAA | $1,205 |
| Travelers | $1,346 |
| State Farm | $1,387 |
| Geico | $1,401 |
| Tennessee Farmers | $1,408 |
| Progressive | $1,447 |
| Erie Insurance | $1,552 |
| Nationwide | $1,663 |
| Farmers | $1,709 |
| Allstate | $2,799 |
Cheapest car insurance cost in Dayton by Age Group
Erie Insurance stands out as Dayton's cheapest auto insurance company for teen drivers at an average annual of $3,869. Insurance providers classify teenagers as high-risk drivers, and that's why they typically face increased insurance costs compared to other age groups.
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, USAA is the cheapest car insurance option for young drivers in Dayton, at $1,922 a year for a full coverage policy.
An analysis of car insurance rates for Dayton drivers reveal a significant decrease in premiums for individuals in their 30s compared to those in their 20s. USAA offers the cheapest full-coverage car insurance rates at $1,224 per year.
If you are a senior driver in Dayton 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 $1,193 per year.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| Erie Insurance | $3,869 | $2,555 | $1,575 | $1,593 |
| State Farm | $3,987 | $2,322 | $1,393 | $1,315 |
| Tennessee Farmers | $4,119 | $2,633 | $1,419 | $1,274 |
| Travelers | $4,216 | $2,097 | $1,371 | $1,367 |
| USAA | $4,445 | $1,922 | $1,224 | $1,193 |
| Geico | $4,546 | $2,284 | $1,444 | $1,388 |
| Progressive | $6,516 | $2,342 | $1,470 | $1,575 |
| Nationwide | $6,977 | $2,973 | $1,625 | $1,652 |
| Farmers | $7,524 | $2,237 | $1,630 | $1,682 |
| Allstate | $11,221 | $4,450 | $2,777 | $2,865 |
Cheapest car insurance companies in Dayton by driver profile
Insurers in Dayton 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 Dayton that suits your budget.
Below are some of the cheapest car insurance companies in Dayton by driver profile.
- Cheapest for a driver with poor credit: Geico
- 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: Geico
The cheapest car insurance company for a driver with poor credit is Geico. It offers auto insurance for Dayton drivers at about $1,328 per year.
Here are car insurance carriers that offer affordable rates for drivers with poor credit scores in Dayton.
| Company | Average annual rates |
|---|---|
| Geico | $1,328 |
| Nationwide | $1,526 |
| USAA | $1,693 |
| Farmers | $2,032 |
| Travelers | $2,085 |
| Allstate | $3,047 |
| Progressive | $3,248 |
| State Farm | $4,726 |
Cheapest for drivers with a speeding ticket: State Farm
In Dayton, State Farm provides the cheapest car insurance premiums for drivers aged 30 with speeding tickets on their record at an annual cost of $803, 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 | $803 |
| USAA | $1,107 |
| Geico | $1,514 |
| Nationwide | $1,564 |
| Travelers | $1,734 |
| Farmers | $1,808 |
| Allstate | $2,071 |
| Progressive | $2,545 |
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 Dayton is $862. 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 | $862 |
| USAA | $1,533 |
| Travelers | $1,769 |
| Geico | $1,788 |
| Nationwide | $1,832 |
| Farmers | $2,099 |
| Allstate | $2,791 |
| Progressive | $3,300 |
Cheapest auto insurance after a DUI: State Farm
State Farm is the carrier that offers cheap auto insurance rates in Dayton for drivers after a DUI. Its average annual rate for full coverage is $803.
A DUI conviction typically leads to a rise in your auto insurance costs. But if you shop around and compare quotes from various insurers, you can find a good deal on your insurance premiums.
| Company | Average annual rates |
|---|---|
| State Farm | $803 |
| USAA | $1,817 |
| Geico | $1,852 |
| Travelers | $2,137 |
| Farmers | $2,165 |
| Nationwide | $2,460 |
| Progressive | $2,833 |
| Allstate | $3,053 |
Average car insurance cost in Dayton
In Dayton, the annual cost of car insurance for the coverage level of 100/300/100 is $1,591 or around $133 per month. However, the average yearly rate for state minimum coverage in Dayton is $413.
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 |
|---|---|
| $1,591 | $413 |
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.
