Introduction

If you have a low credit score say around 500 you might be worried about whether you can get car insurance at all, or if it will cost a fortune. The truth is, you can still get car insurance with a 500 credit score, but there are a few catches. Rates will likely be higher, but there are smart ways to bring them down by comparing quotes, using discounts, and making careful coverage choices.

In this guide, you’ll learn how credit influences your car insurance costs, the exact steps to find affordable coverage, and the best comparison platforms to use right now.

Can I get car insurance with a 500 credit score?

Yes, you can absolutely get car insurance with a 500 credit score. A credit score doesn’t prevent you from being insured, but it plays a big role in how much you pay. In most U.S. states, insurers use something called a credit based insurance score to help set your premiums. Those with lower scores often face higher rates because insurers view them as riskier to insure.

Here’s what you can expect if your credit is around 500:

• Higher premiums: You may pay more for the same coverage compared to someone with excellent credit.
• Required down payment: Some companies may require a higher upfront payment.
• Fewer discounts: You’ll need to work harder to maximize savings through bundles and safe driving programs.

The good news is, even with less than perfect credit, you still have options and by comparing auto insurance quotes, you can find the cheapest possible policy available.

The Step-by-Step Guide

Follow these steps to get the best deal on car insurance with a 500 credit score:

1. Gather your information
   Have your driver’s license, vehicle details, and past insurance history ready. This makes the quoting process faster.
2. Request multiple auto insurance quotes
   Don’t settle for the first quote you find. Search “auto insurance quotes near me” or use trusted sites that let you compare insurers side by side.
3. Target affordable insurers
   Some companies, such as Progressive, GEICO, and State Farm, tend to offer better rates for drivers with lower credit scores.
4. Look at state based options
   If you’re comparing auto insurance quotes in Texas, California, Pennsylvania, or New Jersey, remember that rates differ widely by location. For example:
   • Texas and California: Big population, highly competitive rates.
   • Pennsylvania (PA): Check cheapest liability car insurance in PA if you want just the basics, or PA full coverage auto insurance for more robust plans.
5. Adjust your coverage wisely
   • Raise deductibles if you can afford more out of pocket during a claim.
   • Consider liability only coverage if your car isn’t worth much.
6. Ask about discounts
   Opportunities include safe driver discounts, bundling renters and auto insurance bundle quotes, paying annually, or signing up for telematics programs that track driving.

By following this process, you can transform a potentially expensive situation into a manageable one.

The Best Comparison Sites

Finding the lowest rates with a 500 credit score often comes down to using the right online tools. Some top names include:

• GEICO Auto Insurance Quotes - Great for quick, instant auto insurance quotes and user friendly policy customization.
• Progressive Auto Quote - Excellent for comparing coverage tiers and bundling options for multi policies.
• Travelers Insurance - Reliable for drivers wanting expanded coverage options.
• Auto Owners Insurance & State Farm Quote - Helpful for those preferring local agents.
• EZToGoInsurance - A modern insurance comparison platform that delivers real time home and car insurance quotes tailored to your needs. With EZToGoInsurance, you can easily compare national and regional providers in minutes to find the most affordable match.

Beyond the Comparison Site: Other Ways to Save

Even after comparing rates, you can lower costs further by making small, practical adjustments:

• Bundle policies: Combine auto and renters or home insurance to unlock multi policy discounts.
• Improve your driving profile: Taking an accident prevention course or maintaining a clean driving record helps long-term.
• Seek usage based insurance: If you drive less than average, some insurers offer pay per mile options.
• Shop regularly: Insurance rates change often. Re-checking auto insurance price quotes every 6-12 months can save you money.
• Work on credit: Though it takes time, moving from 500 to even 600 can drop your insurance premiums significantly.

Conclusion

So, can you get car insurance with a 500 credit score? Yes you can. While your rates may be higher, the key is to compare multiple auto insurance quotes, know your state specific options, and hunt for discounts. Using platforms like EZToGoInsurance makes it easy to see the cheapest options side by side so you don’t overpay.

If you’re ready to start saving today, compare your free auto insurance quotes online and see how much you could reduce your monthly bill. Don’t let a 500 credit score hold you back from affordable coverage.

Important Link: Check out our guide on insurance bundles and discounts
Important Link: Learn more about how credit impacts insurance costs from NAIC 

Frequently Asked Questions (FAQ)

1. Can I get full coverage auto insurance in PA with a 500 credit score?
Yes, but it will be more expensive. To save, compare quotes for both liability only and full coverage options.

2. Which states don’t use credit scores for auto insurance?
States like California, Hawaii, and Massachusetts restrict or ban credit score use in insurance pricing.

3. Are there affordable options for people with bad credit?
Yes. By searching for “affordable car insurance” in your state (PA, TX, NJ, etc.), you’ll find companies that are more flexible with lower credit applicants.

4. Can I bundle renters and auto insurance with a 500 credit score?
Absolutely. Bundling is one of the best ways to offset higher costs.

5. How quickly can I get covered?
Most insurers offer instant auto insurance quotes online, and coverage can often begin the same day.