5 States with the Cheapest Car Insurance In The US

In this article, we are going to look at the 5 states with the cheapest car insurance in the US. For an in-depth discussion of the lowest car insurance rates by state and a thorough analysis of the US car insurance market, you can go directly to 20 States with the Cheapest Car Insurance In The US.

5. New Hampshire

Average Full Coverage Insurance Cost: $157

Average Liability Insurance Cost: $71

New Hampshire is situated in the northeastern United States. In our list of the 15 states with the cheapest car insurance in the US, New Hampshire secures the 5th position. As of now, the state boasts an average monthly rate of $157 for comprehensive insurance, and its average monthly cost for liability insurance stands at $71.

4. Iowa

Average Full Coverage Insurance Cost: $155

Average Liability Insurance Cost: $52

Iowa is a beautiful Midwestern state surrounded by Nebraska, South Dakota, and Minnesota. Located in the heart of the Midwest region of the United States, Iowa is known for its verdant fields, undulating hills, and charming farmland scenery.

As of the most recent data, the average full coverage insurance cost in Iowa is $155.

3. Alaska

Average Full Coverage Insurance Cost: $154

Average Liability Insurance Cost: $67

Ranking 3rd in our list of the 15 states with the cheapest car insurance in the US is Alaska. Positioned on the northwest extremity of North America, Alaska stands out as a non-contiguous U.S. state. As of 2024, the average monthly expense for full coverage insurance in Alaska is $154, with liability insurance carrying an average monthly rate of $67 in the state.

2. Hawaii

Average Full Coverage Insurance Cost: $150

Average Liability Insurance Cost: $69

Hawaii is situated in the Western region of the United States. It ranks 2nd in our list of the 15 states with the cheapest car insurance in the US. In 2024, the average monthly cost for full coverage insurance in Hawaii is $150, while liability insurance comes at an average monthly rate of $69 in the state.

1. Vermont

Average Full Coverage Insurance Cost: $130

Average Liability Insurance Cost: $48

Topping our list of the 15 states with the cheapest car insurance in the US is Vermont. Fondly referred to as the Green Mountain State, Vermont is known for its abundant green landscapes and breathtaking natural surroundings. Recognized for its inherent beauty, quaint small-town allure, and renowned maple syrup, Vermont also boasts a reputation for delectable cheddar cheese and serves as an excellent winter sports destination.

As per the most recent data as of 2024, the average monthly cost for full coverage insurance in Vermont is $130.

You can also take a look at 15 Navies with the Most Submarines in the World and 40 Richest Countries in the World by Per Capita Net Worth.