Cheapest car insurance companies in Grand Rapids
A recent data analysis by Insurance.com found the cheapest car insurance companies are Travelers and Geico in Grand Rapids for 2023.
Travelers offers the cheapest car insurance premium for Grand Rapids drivers at an annual rate of $1,092 a year, on average.
Car insurance costs may vary in Grand Rapids based on your location, driving record, coverage level and the insurance company you choose. Increase your chances of getting the best deal by comparing car insurance quotes from multiple carriers. The following companies are known to offer the cheapest auto insurance rates in Grand Rapids.
| Companies | Average annual rates |
|---|---|
| Travelers | $1,092 |
| USAA | $1,426 |
| Geico | $1,514 |
| Progressive | $1,530 |
| Auto-Owners | $1,934 |
| Automobile Club MI (AAA) | $2,369 |
| Pioneer State Mutual | $2,651 |
| Michigan Farm Bureau | $2,818 |
| Frankenmuth Insurance | $2,840 |
| State Farm | $3,726 |
Cheapest car insurance cost in Grand Rapids by Age Group
In Grand Rapids, Auto-Owners is the cheapest car insurance company for teenagers, offering full coverage policies at $3,605 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.
When compared to other car insurance companies, Geico turned out to be the cheapest car insurance company for young drivers in Grand Rapids, offering full coverage at an annual average cost of $2,148.
An analysis of car insurance rates for Grand Rapids drivers reveal a significant decrease in premiums for individuals in their 30s compared to those in their 20s. Travelers offers the cheapest full-coverage car insurance rates at $1,047 per year.
Travelers tops the list in terms of affordability for senior drivers in Grand Rapids. With an average annual premium of $1,159, Travelers offers senior drivers the cheapest car insurance rates, allowing them to enjoy peace of mind.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| Auto-Owners | $3,605 | $2,622 | $1,897 | $1,899 |
| Geico | $3,833 | $2,148 | $1,505 | $2,377 |
| USAA | $4,564 | $2,380 | $1,488 | $1,510 |
| Michigan Farm Bureau | $4,983 | $4,003 | $2,816 | $2,651 |
| Automobile Club MI (AAA) | $6,054 | $4,222 | $2,314 | $2,201 |
| Frankenmuth Insurance | $6,143 | $4,471 | $2,843 | $2,683 |
| Travelers | $6,545 | $2,927 | $1,047 | $1,159 |
| Pioneer State Mutual | $6,799 | $4,903 | $2,659 | $2,393 |
| Progressive | $7,091 | $2,540 | $1,531 | $1,532 |
| State Farm | $11,116 | $6,327 | $3,763 | $3,610 |
Cheapest car insurance companies in Grand Rapids by driver profile
Insurers in Grand Rapids 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.
To find the cheapest car insurance company in Grand Rapids, 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.
Here are some of the cheapest car insurance companies in Grand Rapids based on driver profile.
- Cheapest for a driver with poor credit: Travelers
- Cheapest for a driver with a speeding ticket: Progressive
- Cheapest for accident: Progressive
- Cheapest for DUI: Progressive
Cheapest for a driver with poor credit: Travelers
Travelers has the cheapest rates for Grand Rapids drivers with poor credit looking for affordable auto insurance. At an annual cost of $1,969, Travelers offers substantial savings among the insurers analyzed.
Drivers with poor or bad credit scores in Grand Rapids can consider the following car insurance companies to get the affordable car insurance coverage.
| Company | Average annual rates |
|---|---|
| Travelers | $1,969 |
| Progressive | $2,010 |
| Geico | $2,078 |
| USAA | $2,598 |
| Farmers | $4,076 |
| Allstate | $4,329 |
| State Farm | $11,124 |
Cheapest for drivers with a speeding ticket: Progressive
Progressive offers the cheapest auto insurance rates for drivers with a speeding ticket in Grand Rapids. It provides full coverage car insurance for drivers aged 30 at about $1,474 per year.
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 |
|---|---|
| Progressive | $1,474 |
| USAA | $1,729 |
| Travelers | $2,092 |
| Geico | $2,379 |
| Farmers | $2,381 |
| Allstate | $3,909 |
| State Farm | $7,120 |
Cheapest auto insurance after an at-fault accident: Progressive
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 Progressive offers the cheapest car insurance rates for Grand Rapids drivers with at-fault accidents. It provides coverage at an average annual cost of $1,682.
| Company | Average annual rates |
|---|---|
| Progressive | $1,682 |
| USAA | $2,085 |
| Travelers | $2,678 |
| Farmers | $2,725 |
| Geico | $3,527 |
| State Farm | $4,979 |
| Allstate | $5,961 |
Cheapest auto insurance after a DUI: Progressive
Among the carriers analyzed, Progressive offers the cheapest auto insurance premiums for drivers with a DUI in Grand Rapids. On average, its annual full coverage rate is $1,561, making it a significantly cheaper option than other insurance providers.
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 |
|---|---|
| Progressive | $1,561 |
| USAA | $2,391 |
| Farmers | $2,862 |
| Travelers | $5,981 |
| Geico | $10,975 |
| State Farm | $16,562 |
| Allstate | $23,147 |
Average car insurance cost in Grand Rapids
The average car insurance rate in Grand Rapids for full coverage is $2,137 per year or $178 a month. These rates are for coverage levels of 100/300/100. Whereas the average rate for state minimum coverage in Grand Rapids is $544 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 |
|---|---|
| $2,137 | $544 |
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.
