Affordable Car Insurance 2024. We narrowed our list down to seven best cheap car insurance companies by only including insurers that have a nerdwallet star rating of 4.5 or higher, plus a minimum coverage rate below the. Travelers offers the cheapest full coverage car insurance for most drivers, with an average annual premium of $1,124 per year and $94 a month.
American family and travelers also have cheap quotes, at $160 per month. Our top picks for best car insurance companies for 2024.