Insurance: the facts before you buy

Insurance protects you from big costs you couldn't cover yourself: a car crash, a house fire, losing a family income. Here are the facts that help you shop: what your state requires, what people pay on average, and how insurers rank in official complaint data.

Average costs

• Car insurance: $1,282/year average expenditure (2023, NAIC). Source
• Homeowners: $1,569/year average premium (2022, NAIC). Source
• Renters: $171/year average premium (2022, NAIC).

Insurance companies

• State Farm
• Progressive
• GEICO
• Allstate
• USAA
• Liberty Mutual
• Farmers
• Nationwide
• Travelers
• American Family
• Erie Insurance
• Auto-Owners
• Lemonade
• Root

Minimum car insurance by state

• Alabama
• Alaska
• Arizona
• Arkansas
• California
• Colorado
• Connecticut
• Delaware
• District of Columbia
• Florida
• Georgia
• Hawaii
• Idaho
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky
• Louisiana
• Maine
• Maryland
• Massachusetts
• Michigan
• Minnesota
• Mississippi
• Missouri
• Montana
• Nebraska
• Nevada
• New Hampshire
• New Jersey
• New Mexico
• New York
• North Carolina
• North Dakota
• Ohio
• Oklahoma
• Oregon
• Pennsylvania
• Rhode Island
• South Carolina
• South Dakota
• Tennessee
• Texas
• Utah
• Vermont
• Virginia
• Washington
• West Virginia
• Wisconsin
• Wyoming

Check any insurer yourself

• Look up any company's complaints, licenses and financial information with the NAIC Consumer Insurance Search; NAIC: how to research complaints.
• To complain about an insurer, contact your state department of insurance.
• Before you buy, ask for quotes from several insurers or an independent agent, with the same coverage limits and deductibles so you're comparing like for like.

We don't sell insurance or provide quotes. Facts from regulators and public data only, no paid placement.