Buy-here, pay-here dealers often want to know two pieces of information about customers in their portfolio. Are they current on their monthly payments, and do they have valid car insurance?

If your dealership customers need to find a more affordable coverage option, recently published a report on the cheapest car insurance companies in the U.S., including designating one as least expensive for individuals with poor credit.

The site determined State Farm received the designation of cheapest insurance provider overall.

“State Farm is the largest insurance provider, writing insurance policies in every state. Other insurance providers may be cheaper in some states, but none come close to being the most affordable in 29 states like State Farm,” said in a news release.

While State Farm earned the cheapest insurance title, determined these other providers offer competitively priced policies that may be best for specific demographics.

—Erie: Cheapest for drivers with tickets

—Geico: Cheapest discounts available for drivers

—Auto-Owners: Cheapest for families

—Metromile: Cheapest for drivers with safe records

—Farm Bureau: Cheapest for drivers with poor credit

—USAA: Cheapest option for military families

Following a speeding ticket, found that Erie Insurance raises rates an average of 7% while the industry average is 22%.

“Erie Insurance is an excellent option for drivers with a record of accidents and violations,” said.

Since Metromile is an insurance company with a usage-based approach, pointed out drivers who put on less than 10,000 miles a year can expect to fit best into Metromile’s target demographic. expert Melanie Musson added in a news release, “The best insurance provider depends on each individual’s needs and demographics. There is no one-size-fits-all best company.”