Cheapest car insurance companies in Stamford 

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

Geico is the cheapest option for most Stamford drivers, with an average annual rate of $1,271

Car insurance prices in Stamford 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 Stamford drivers.

CompaniesAverage annual rates
USAA$668
Geico$1,271
Progressive$1,573
Kemper Insurance$1,644
State Farm$1,807
Nationwide$1,856
Allstate$2,280
Farmers$2,364
Amica Mutual$3,150

Cheapest car insurance cost in Stamford by Age Group 

USAA is the cheapest option for car insurance in Stamford for teen drivers, with average annual premiums at just $2,683 annually. Teenagers face high insurance costs due to inexperience and higher accident rates.

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 drivers in Stamford, at $1,125 a year for a full coverage policy.

Drivers in Stamford stepping into their 30s can expect a substantial drop in car insurance costs compared to their younger counterparts. USAA has the cheapest car insurance rates for a full coverage policy for adult drivers, averaging $686 a year

If you are a senior driver in Stamford 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 $773 per year

CompanyTeensYoung AdultsAdultsSeniors
USAA$2,683$1,125$686$773
Geico$5,171$2,323$1,239$1,524
State Farm$5,505$3,089$1,824$1,789
Progressive$7,244$2,485$1,558$1,658
Nationwide$7,494$3,259$1,818$1,905
Kemper Insurance$7,527$3,207$1,653$1,753
Allstate$9,130$3,692$2,372$2,407
Amica Mutual$10,278$5,757$3,118$3,291
Farmers$10,752$4,918$2,425$2,309
The Hanover$13,473N/AN/AN/A

Cheapest car insurance companies in Stamford by driver profile 

Driver profile is one of the many factors that insurers take into account to determine car insurance premiums in Stamford. Drivers with a history of accidents or traffic citations on their record can expect significantly higher costs than those with a clean driving record.

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

Here's a list of car insurance companies that offer cheap insurance rates in Stamford based on driver profile. 

Drivers in Stamford with poor credit can get the cheapest car insurance from Geico at an average cost of $1,293 a year, according to a data study by Insurance.com.

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

CompanyAverage annual rates
Geico$1,293
Progressive$2,049
USAA$2,177
Nationwide$2,416
State Farm$2,865
Allstate$3,368

Based on recent data analysis, 30-year-old drivers in Stamford with speeding tickets on their driving record can get the cheapest car insurance rates from Geico at an annual cost of $1,084.

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. 

CompanyAverage annual premium
Geico$1,084
State Farm$1,529
USAA$1,563
Progressive$1,887
Allstate$2,094
Nationwide$2,152

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 Stamford is $1,529. 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. 

CompanyAverage annual rates
State Farm$1,529
Geico$1,621
USAA$2,191
Progressive$2,659
Nationwide$3,011
Allstate$3,661

State Farm is the cheapest option for Stamford drivers seeking affordable auto insurance rates after a DUI conviction, at an annual rate of $1,529, on average.

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.

CompanyAverage annual rates
State Farm$1,529
Progressive$2,220
USAA$2,834
Allstate$3,689
Nationwide$4,117
Geico$4,976

Average car insurance cost in Stamford 

The average car insurance rate in Stamford for full coverage is $1,846 per year or $154 a month. These rates are for coverage levels of 100/300/100. Whereas the average rate for state minimum coverage in Stamford is $767 per year. 

While full coverage car insurance is more expensive than the state minimum, it provides valuable protection for your own vehicle in addition to coverage for other drivers in the event of an accident. To save money, consider comparing quotes from multiple insurance companies.

Average annual RatesState minimum average
$1,846$767

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.