Cheapest car insurance companies in Fayetteville
According to a study by Insurance.com, the cheapest car insurance companies in Fayetteville for 2023 are Travelers and Geico.
The car insurance company in Fayetteville that provides the cheapest car insurance premiums is Travelers, with an average annual rate of $1,360 .
Car insurance costs may vary in Fayetteville based on your location, driving record, coverage level and the insurance company you choose. Increase your chances of getting the best deal by comparing car insurance quotes from multiple carriers. The following companies are known to offer the cheapest auto insurance rates in Fayetteville.
| Companies | Average annual rates |
|---|---|
| USAA | $1,022 |
| Travelers | $1,360 |
| Geico | $1,402 |
| Nationwide | $1,515 |
| Shelter Insurance | $1,554 |
| State Farm | $1,814 |
| Southern Farm Bureau | $2,047 |
| Farmers | $2,085 |
| Progressive | $2,268 |
| Allstate | $2,395 |
| Alfa Corporation | $3,159 |
Cheapest car insurance cost in Fayetteville by Age Group
The cheapest auto insurance company in Fayetteville for teen drivers is USAA. For full coverage, its average annual rate for Fayetteville drivers is $3,410. Insurance companies put teenagers in the category of high-risk drivers, and as a result, they are charged higher rates for insurance.
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 young drivers in Fayetteville, at $1,459 a year for a full coverage policy.
For Fayetteville drivers entering their 30s, car insurance becomes significantly more affordable compared to their younger years. USAA provides the cheapest car insurance premiums, offering full coverage policies at $1,027 annually.
USAA tops the list in terms of affordability for senior drivers in Fayetteville. With an average annual premium of $1,039, USAA offers senior drivers the cheapest car insurance rates, allowing them to enjoy peace of mind.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| USAA | $3,410 | $1,459 | $1,027 | $1,039 |
| Travelers | $3,685 | $2,080 | $1,384 | $1,371 |
| Southern Farm Bureau | $4,142 | $2,981 | $2,056 | $1,890 |
| Shelter Insurance | $4,745 | $2,865 | $1,612 | $1,450 |
| Geico | $4,897 | $2,195 | $1,378 | $1,313 |
| State Farm | $5,395 | $3,085 | $1,829 | $1,761 |
| Nationwide | $5,482 | $2,661 | $1,490 | $1,456 |
| Alfa Corporation | $6,343 | $4,178 | $3,016 | $2,941 |
| Farmers | $9,454 | $2,762 | $1,990 | $2,086 |
| Progressive | $10,158 | $3,619 | $2,295 | $2,181 |
| Allstate | $10,752 | $3,902 | $2,373 | $2,455 |
Cheapest car insurance companies in Fayetteville by driver profile
Driver profile is one of the many factors that insurers take into account to determine car insurance premiums in Fayetteville. 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 Fayetteville. By comparing rates from multiple providers, you ensure you're getting the coverage you need at an affordable price.
Based on data analysis by Insurance.com's experts, these are the cheapest car insurance companies for Fayetteville drivers based on driver profile.
- Cheapest for a driver with poor credit: Geico
- Cheapest for a driver with a speeding ticket: Geico
- Cheapest for accident: State Farm
- Cheapest for DUI: Geico
Cheapest for a driver with poor credit: Geico
Geico has the cheapest rates for Fayetteville drivers with poor credit looking for affordable auto insurance. At an annual cost of $1,360, Geico offers substantial savings among the insurers analyzed.
Here are car insurance carriers that offer affordable rates for drivers with poor credit scores in Fayetteville.
| Company | Average annual rates |
|---|---|
| Geico | $1,360 |
| USAA | $1,850 |
| Nationwide | $2,068 |
| Travelers | $2,167 |
| Farmers | $2,266 |
| Progressive | $2,744 |
| Allstate | $3,058 |
| State Farm | $6,467 |
Cheapest for drivers with a speeding ticket: Geico
Geico has the cheapest car insurance premiums for drivers with speeding ticket violations on their records in Fayetteville. Its full coverage car insurance policy costs an average of $1,201 per year for drivers aged 30.
Find the best car insurance company for your needs by comparing quotes from different carriers. Don't assume that the cheapest option for someone else will also be the cheapest for you. Take the time to shop around and get the coverage that best suits your needs.
| Company | Average annual premium |
|---|---|
| Geico | $1,201 |
| USAA | $1,239 |
| State Farm | $1,340 |
| Travelers | $1,897 |
| Farmers | $2,007 |
| Nationwide | $2,123 |
| Progressive | $2,249 |
| Allstate | $2,349 |
Cheapest auto insurance after an at-fault accident: State Farm
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 Fayetteville is $1,436. 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.
| Company | Average annual rates |
|---|---|
| State Farm | $1,436 |
| USAA | $1,690 |
| Geico | $1,757 |
| Travelers | $1,842 |
| Farmers | $2,269 |
| Nationwide | $2,480 |
| Progressive | $3,084 |
| Allstate | $3,147 |
Cheapest auto insurance after a DUI: Geico
Among the carriers analyzed, Geico offers the cheapest auto insurance premiums for drivers with a DUI in Fayetteville. On average, its annual full coverage rate is $1,092, making it a significantly cheaper option than other insurance providers.
Following a DUI conviction, it's likely that your auto insurance premiums will increase. To get affordable premiums, compare car insurance quotes from various providers. Comparison shopping can help you find the best possible offer.
| Company | Average annual rates |
|---|---|
| Geico | $1,092 |
| State Farm | $1,340 |
| USAA | $1,987 |
| Travelers | $2,277 |
| Progressive | $2,347 |
| Farmers | $2,394 |
| Allstate | $3,146 |
| Nationwide | $5,255 |
Average car insurance cost in Fayetteville
Full coverage car insurance in Fayetteville for a coverage limit of 100/300/100 is $1,875 per year or $156 per month, while the state minimum coverage costs an average of $440 a year.
Full coverage insurance costs more than the state minimum, but it provides comprehensive coverage for your car and coverage for other driver’s vehicle. To reduce your premium, you might want to compare quotes from various insurance companies.
| Average annual Rates | State minimum average |
|---|---|
| $1,875 | $440 |
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.
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