Cheapest car insurance companies in Farmington 

Geico and Progressive offer the cheapest car insurance rates in Farmington for 2023, according to a study by Insurance.com.

Geico is the cheapest option for most Farmington drivers, with an average annual rate of $1,275

In Farmington, 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
USAA$1,004
Geico$1,275
Progressive$1,285
Central Insurance$1,341
State Farm$1,555
Nationwide$1,588
Farmers$2,388
Iowa Farm Bureau$2,582
Allstate$2,606
Kemper Insurance$2,672
Data refreshed as of May 2024
Read our full methodology

Cheapest car insurance cost in Farmington by Age Group 

Central Insurance stands out as Farmington's cheapest auto insurance company for teen drivers at an average annual of $2,796. Insurance providers classify teenagers as high-risk drivers, and that's why they typically face increased insurance costs compared to other age groups. 

Teenagers can lower their insurance costs by strategically utilizing the good student discount or remaining listed as a driver on their parent's policy.

USAA provides the cheapest car insurance coverage for young drivers in Farmington, with an annual premium of $1,432 on average.

An analysis of car insurance rates for Farmington 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 $1,014 per year.

USAA tops the list in terms of affordability for senior drivers in Farmington. With an average annual premium of $1,061, USAA offers senior drivers the cheapest car insurance rates, allowing them to enjoy peace of mind.

CompanyTeensYoung AdultsAdultsSeniors
Central Insurance$2,796$1,960$1,384$1,526
USAA$2,806$1,432$1,014$1,061
Geico$3,776$1,940$1,318$1,299
State Farm$4,168$2,486$1,563$1,496
Iowa Farm Bureau$4,518$3,125$2,559$2,396
Progressive$4,950$2,005$1,308$1,332
Nationwide$5,174$2,524$1,597$1,524
Allstate$8,835$4,088$2,585$2,730
Kemper Insurance$9,605$4,516$2,700$2,672
Farmers$10,390$4,172$2,269$2,475
Data refreshed as of May 2024
Read our full methodology

Cheapest car insurance companies in Farmington by driver profile 

Your driving profile plays an important role in determining your car insurance rates in Farmington. Those with past accidents, speeding tickets, or other traffic citations on their record can expect increased insurance rates compared to drivers with clean driving records.

Comparison shopping is the key to getting the cheapest car insurance rates in Farmington. By comparing rates from multiple providers, you ensure you're getting the coverage you need at an affordable price.

Based on data analysis by Insurance.com's experts, these are the cheapest car insurance companies for Farmington drivers based on driver profile.

The cheapest car insurance company for a driver with poor credit is Geico. It offers auto insurance for Farmington drivers at about $1,333 per year

Here are car insurance carriers that offer affordable rates for drivers with poor credit scores in Farmington.

CompanyAverage annual rates
Geico$1,333
Nationwide$1,492
Progressive$1,892
USAA$1,909
State Farm$2,146
Farmers$2,611
Allstate$2,798
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 Farmington. It offers full coverage car insurance for drivers aged 30 at about $1,196 per year

Remember that the cheapest car insurance company for you may not be the cheapest company for someone else. Ensure you compare car insurance quotes from various carriers to secure the most favorable deal. This way, you can find the insurance company that offers the best rates and coverage for your specific needs. 

CompanyAverage annual premium
State Farm$1,196
Nationwide$1,214
USAA$1,308
Geico$1,559
Progressive$1,621
Farmers$2,128
Allstate$2,421
Data refreshed as of May 2024
Read our full methodology

According to Insurance.com's analysis, State Farm tops the list of cheap car insurance providers in Farmington for drivers involved in at-fault accidents, with an average annual cost of $1,215. 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. 

CompanyAverage annual rates
State Farm$1,215
Nationwide$1,539
USAA$1,664
Geico$1,766
Progressive$2,048
Farmers$2,456
Allstate$3,132
Data refreshed as of May 2024
Read our full methodology

Among the carriers analyzed, State Farm offers the cheapest auto insurance premiums for drivers with a DUI in Farmington. On average, its annual full coverage rate is $1,196, making it a significantly cheaper option than other insurance providers.

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$1,196
Progressive$1,748
Geico$2,047
Nationwide$2,169
USAA$2,205
Farmers$2,549
Allstate$3,571
Data refreshed as of May 2024
Read our full methodology

Average car insurance cost in Farmington 

The average car insurance rate in Farmington for full coverage is $1,829 per year or $152 a month. These rates are for coverage levels of 100/300/100. Whereas the average rate for state minimum coverage in Farmington is $392 per year. 

Choosing full coverage insurance may mean a higher policy cost compared to the state minimum, but it offers better protection. It provides liability coverage as well as

Average annual RatesState minimum average
$1,829$392
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.

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