Inexpensive Auto Insurance

Sometimes the companies that offer the cheapest car insurance are not as well known. The well known car insurance companies generally cost more because they spend millions of dollars on glitzy TV commercials and other advertisements. I have done the research for you, so here are some companies that offer the cheapest car insurance.

1. Geico

"15 minutes could save you 15% or more on car insurance" We have all heard the commercial, and in this case the slogan is somewhat accurate. Year after year Geico continues to offer some of the lowest premiums in the car insurance industry. Under the leadership of legendary investor Warren Buffet has remained focused on delivering low prices for decades. Yes their trademark Gecko is kind of cool, but what consumer like most about Geico is it cheap car insurance.

Approximate annual premium for a 28 year old male in Chicago, IL driving a new Toyota Camry: $1,034.

2. Allstate

Best known for it ads featuring actor Dennis Haysbert ( He plays the president on 24) Allstate has some good prices to match their great TV ads. Based out of Northbrook Illinois, this company proves that being in good hands doesn't cost an arm and a leg.

Approximate annual premium for a 28 year old male in Chicago, IL driving a new Toyota Camry: $1,068.

3. Progressive Auto

Surprisingly enough they have some pretty progressive prices.

Approximate annual premium for a 28 year old male in Chicago, IL driving a new Toyota Camry: $1,136.

4.Nationwide

Nationwide may be on your side, but they aren't going to offer you a great price. Their prices aren't terrible, but why pay the extra money when you could get insurance from geico or Allstate?

Approximate annual premium for a 28 year old male in Chicago, IL driving a new Toyota Camry: $1,264.

5. Liberty Mutual

Whatever you do don't buy insurance through liberty mutual. Who wants to over pay for car insurance by 50%?

Approximate annual premium for a 28 year old male in Chicago, IL driving a new Toyota Camry: $1,675.

* Author's note: All prices were generated by visiting the respective companies website December 31, 2007.

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Comments 1 comment

Jesse 7 years ago

Thank you very much. I just went to Geigo, as you recommended. Lowest price I've ever seen.

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