Who really has cheapest auto insurance depends on location, driver profile, and coverage level, but based on 2024-2025 rate comparisons in North America, cheapest auto insurance companies for good drivers are Geico, State Farm, and Progressive in US, and Belairdirect, TD Insurance, and Manitoba Public Insurance in Canada. In US, according to NerdWallet and Bankrate 2024 study of national average for full coverage, Geico has cheapest average around $1,200 per year, $100 per month, for good driver with clean record, followed by State Farm $1,300 per year, Progressive $1,400, Auto-Owners $1,350, USAA $1,100 for military members, which is cheapest but only for military. Allstate and Farmers are more expensive at $1,800 to $2,000. For high-risk drivers, Progressive and State Farm often cheapest due to more forgiving. In Canada, cheapest auto insurance province is Manitoba where public insurer Manitoba Public Insurance MPI has average $1,100 per year, $92 per month, followed by Quebec where private insurers like Belairdirect, Desjardins, and La Capitale offer $500 to $800 per year, while Ontario most expensive at $1,500 to $2,000 per year, cheapest there are Belairdirect, TD Insurance, and CAA at $1,200 to $1,400 for good driver. In UK, cheapest are Admiral, Hastings Direct, and LV= at £400 to £600 per year. So who really has cheapest auto insurance is Geico and USAA in US, Manitoba Public Insurance in Canada for public system, and Belairdirect for private, for good drivers with clean record, good credit, and multi-policy discount.
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