You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the technical advice and tools needed to succeed throughout life ’ s fiscal travel. Bankrate ’ s column team writes on behalf of YOU – the reviewer. Our goal is to give you the best advice to help you make bright personal finance decisions. We follow nonindulgent guidelines to ensure that our editorial contentedness is not influenced by advertisers. Our column team receives no direct compensation from advertisers, and our contented is thoroughly fact-checked to ensure accuracy. indeed, whether you ’ re reading an article or a review, you can trust that you ’ re getting credible and dependable information. We value your trust. Our mission is to provide readers with accurate and indifferent information, and we have column standards in plaza to ensure that happens. Our editors and reporters thoroughly fact-check editorial contented to ensure the information you ’ rhenium read is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive directly compensation from our advertisers. Bankrate follows a nonindulgent editorial policy, so you can trust that we ’ re putting your interests first. Our award-winning editors and reporters create honest and accurate contentedness to help you make the right fiscal decisions. All providers discussed on our site are vetted based on the respect they provide. And we constantly review our criteria to ensure we ’ rhenium putting accuracy first base. Our policy team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — price, customer service, policy features and savings opportunities — so you can feel convinced about which provider is right for you. Bankrate follows a rigid editorial policy, so you can trust that we ’ rhenium putting your interests first. All of our content is authored by highly qualify professionals and reviewed by subject matter experts, who ensure everything we publish is objective, accurate and worthy of your trust. Founded in 1976, Bankrate has a long track read of helping people make bright fiscal choices. We ’ ve maintained this reputation for over four decades by demystifying the fiscal decision-making process and giving people confidence in which actions to take adjacent. While we adhere to strict editorial integrity, this station may contain references to products from our partners. hera ‘s an explanation for how we make money. This content is powered by HomeInsurance.com ( NPN : 8781838 ). For more information, please see our Insurance disclosure. There are numerous car insurance companies in the United States, but lone four carriers jointly own fair over 50 % of the market share between them : Allstate, Geico, Progressive and State Farm. While each of these insurers has impregnable brand recognition throughout the United States and offers some of the best car insurance in the nation, it can be difficult to know which one is right for you. To help you find the best car policy for your needs, Bankrate analyzed all four car policy companies
How Bankrate compares these four car insurance companies
tied with these four top cable car policy companies, it can seem daunting to find the best one for you. To help you through the process, Bankrate reviewed all four national carriers based on their car indemnity policy options and rates, customer experience and third-party rankings on fiscal military capability and claims satisfaction. The higher a company scored on these individual categories, the higher their overall Bankrate Score, with a utmost score of 5 out of 5. Allstate, Geico, Progressive and State Farm may rank among some of the best car policy companies in the state, but based on our findings, each caller has benefits that could be advantageous for different types of drivers .
| Company | Bankrate Score | J.D. Power Claims Satisfaction Study | Average annual full coverage premium | Average annual full coverage premium after speeding ticket | Average annual full coverage premium after at-fault accident |
|---|---|---|---|---|---|
| Allstate | 4.0 | 870/1,000 | $1,920 | $1,983 | $2,366 |
| Geico | 4.7 | 881/1,000 | $1,325 | $1,592 | $1,925 |
| Progressive | 4.4 | 862/1,000 | $1,419 | $1,861 | $2,353 |
| State Farm | 4.7 | 892/1,000 | $1,422 | $1,577 | $1,773 |
Our pick for best company for new and young drivers: Allstate
Bankrate Score: 4.0 Why we chose it: Adding a new young driver to your cable car policy policy can be expensive, but Allstate offers an array of options to help bring down the cost. Teens can earn a good scholar discount rate by achieving a high GPA and an extra discount by participating in the teenSmart educate program. Depending on state handiness, they can even enroll in Allstate ’ s Drivewise, a telematics plan that tracks and rewards safe driving habits, and flush add accident forgiveness to the policy to prevent a agio increase in the event of an at-fault accident
Our pick for best company for drivers looking for deep discounts: Geico
Bankrate Score: 4.7 Why we chose it: Being able to add numerous discounts to your car policy policy is one way to save on the premium cost. Geico makes this easy by having a large list of discounts that aren ’ deoxythymidine monophosphate just limited to good drivers and customers with multiple Geico policies. Members of specific organizations and employees of certain companies and federal departments can qualify for an extra discount on their car insurance with Geico.
Our pick for best company for drivers with a clean claim history: Progressive
Bankrate Score: 4.4 Why we chose it: A alone feature of Progressive ’ second car insurance is its deductible savings bank. For drivers with full coverage car indemnity, Progressive rewards drivers for each policy period without an accident or rape by deducting $ 50 from their comprehensive or collision deductible. Although not available in every department of state, adding this optional coverage onto your car policy policy for a tip could help you save money in the consequence of a future claim .
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Our pick for best company for drivers with a history of accidents: State Farm
Bankrate Score: 4.7 Why we chose it: Based on our study of median annual premiums, State Farm ’ s premium increases after a accelerate ticket or at-fault accident were not american samoa high gear compared to other cable car policy companies. Although these are estimates only and individual rates may vary, this could be a adept sign for drivers with an existing mark on their record or who feel concerned about premium increases after an incident. State Farm besides offers its Drive Safe & Save usage-based telematics program to help build safer drive habits and potentially earn a bigger dismiss on car indemnity .
Comparing Allstate, Geico, Progressive and State Farm
Although we ’ ve compared Allstate, Geico, Progressive and State Farm to each other and noted some strengths for each company, the best car policy for you will depend on your individual site and needs. When receiving quotes from car indemnity companies, you may find that your quote premium varies from these national average rates for a diverseness of reasons based on how car policy companies use the rat factors below .
Factors that affect car insurance rates
car indemnity companies review a act of denounce factors to determine cable car insurance rates. These can include what kind of cable car you drive, your drive criminal record and claims history, marital condition and annual mileage. Depending on submit regulations, an car policy party can besides use rat factors such as sex, ZIP code and credit rating score, unless they are restricted .
| Company | Pros | Cons |
|---|---|---|
| Allstate | Offers a variety of policy add-ons for drivers, including rideshare coverage, accident forgiveness and extended vehicle care to pay for covered repairs when vehicle warranty ends Multiple opportunities to be rewarded for safe driving with discounts on auto insurance with Deductible Rewards and Safe Driving Bonus |
Car insurance rates may be more expensive compared to other insurance carriers Ranked below average in JD Power’s 2021 Auto Claims Satisfaction study based on customer survey of auto claims satisfaction |
| Geico | Average annual premiums for car insurance may be more competitive compared to other insurance carriers Self-service model could be beneficial to customers who want to manage their own policies |
Has fewer local offices with insurance agents for those wanting personalized service to answer insurance questions Scored below average in most regions of the United States in JD Power’s Auto Insurance Study on customer satisfaction |
| Progressive | Name Your Price tool allows customers prioritizing affordability to build their car insurance policy around their budget Fully integrated mobile app allows drivers to manage their policy, report a claim, request roadside assistance or submit a payment through their phone |
Limited number of local agencies available in the United States compared to traditional insurance carriers Ranked second lowest in JD Power’s annual 2021 Auto Claims Satisfaction study on claims handling |
| State Farm | Tied in annual Bankrate Awards for best overall insurance company for auto insurance Extensive network of local agencies available for personalized service |
High complaint index score from the National Association of Insurance Commissioners (NAIC) indicates more customer complaints compared to the average Some coverage options, like gap insurance, are not offered on its auto insurance policies |
Frequently asked questions
How much car insurance do I need?
The come of car insurance you may need will depend on your personal situation and needs. While all drivers need to carry at least the minimal amount of car indemnity as required by state law, this typically refers merely to liability coverage and may not be adequate. Full coverage car policy often includes increase liability amounts and extra coverage options like comprehensive examination and collision to insure your fomite, american samoa well as aesculapian payments to cover checkup costs for anyone in your vehicle. You may besides want to include other add-ons to your car indemnity policy, such as lease car reimbursement, towing and more .
What do I need to buy a car insurance policy?
To prepare a car insurance quote, an policy company may ask for the names, birth dates and driver ’ s license numbers of all drivers to be included on the policy. additionally, being able to provide all of your vehicle ’ s make, model and vehicle designation numeral ( VIN ) will ensure you get the most accurate quote possible .
How do I find the cheapest car insurance policy?
Finding the cheapest car policy policy may require shopping around with multiple insurance carriers to find the best rate. By having all of the above data prepared and an theme of what coverage options and amounts you ’ d like to include on your car policy, you can get a head beginning on the process. This will besides ensure you ’ re able to compare policy carriers equally to ensure you find the cheapest rate .
Methodology
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on 40-year-old male and female homeowners with a clean claim history, good credit and the adopt coverage limits :
Auto
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimal coverage limits, Bankrate used minimum coverage that meets each state ’ sulfur requirements. Our sample drivers own a 2019 Toyota Camry, commute five days a week and repel 12,000 miles per annum. Age: Rates were calculated by evaluating our base profile with the historic period 16 ( infrastructure : 40 years ) applied. Depending on historic period, drivers may be a renter or homeowner. Hawaii and Massachusetts exclude old age as a contributing factor when calculating insurance premiums. Incidents: Rates were calculated by evaluating our base visibility with the following incidents applied : clean record ( base ), individual rush tag and a single DUI conviction.
Bankrate Scores
Bankrate Scores chiefly reflect a leaden rank of industry-standard ratings for fiscal force and customer have in summation to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for drivers to be convinced their fiscal protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer corroborate. To determine how well the best car indemnity companies satisfy these priorities, third-party representation ratings from J.D. Power, AM Best, S & P, NAIC, and Moodys had the most impingement on the companies ’ Bankrate Scores. As monetary value is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across more than 35,000 ZIP codes in the U.S., provided a basis on which drivers may compare each supplier. While coverage options, insurance company handiness, affordability and customer know are often the top priorities, Bankrate besides analyzed each insurance company ’ mho on-line and mobile resources for policy management and claims handling. indemnity is quickly evolving to keep pace with our digital world, so these aspects besides carried weight in determining Bankrate Scores .