To help you get started, we ’ ve outlined a few of our favorite car policy companies for a broad compass of drivers, whether you ’ re looking for a cheaper premium, discounts for safe drive, or an insurance caller with high atonement rates. Accessibility, car claims satisfaction, price, and the ship’s company ’ s fiscal health are all keystone factors we consider in our recommendations. While no single cable car policy company will be the best for every person, we think these are the ones to consider when in the market for car indemnity. Before You Start To determine our picks for the best car insurance companies, we started with a list of 25 of the largest car insurance companies by premiums collected, based on data from the National Association of Insurance Commissioners. From there, we applied a serial of filters to narrow the sphere across cardinal categories like cost, handiness, and customer satisfaction. For starters, all our top picks must be universally available to all consumers in at least 40 states. Our clear picks all offer at least five dismiss programs, which are a key way in which premiums can become more low-cost for people. To gauge affordability, we looked at Bankrate ’ south average annual premium across these carriers and eliminated any with an average annual cost of more than $ 1,500 for fully coverage. ( Bankrate, like NextAdvisor, is owned by loss Ventures. ) future, we looked at J.D. Power ’ second 2020 U.S. Auto Insurance Claims Satisfaction Study, and ruled out any companies that scored below 850 on a 1,000-point scale ( the industry average was 872 ). finally, we looked at each policy company ’ second A.M. Best rat, which evaluates a company ’ s fiscal standing. Financial solidity matters for policy companies because their customers depend on them to pay their claims if they ’ ra in an accident or experience an see personnel casualty. In other words, an policy company that has the wherewithal to stay in business is more dependable long term. We ruled out any company that doesn ’ t have A.M. Best ’ s rat of A+ or higher. We besides eliminated any companies that are involved in any active fraud investigations .
Our Picks for the Best Car Insurance Companies
Company Overview
GEICO
GEICO, the second-largest car insurance company in the area, insures closely 30 million vehicles, according to its web site. Its handiness in all 50 states and Washington, D.C. makes it easily accessible for consumers countrywide. A subsidiary company of the Berkshire Hathaway conglomerate owned by investor Warren Buffett, it offers all the standard cable car policy coverages for some of the lowest rates — summation discounts. Because Geico has a drawn-out list of car indemnity discounts, there ’ s a good chance you can find one that applies to you. Average annual premium for full coverage: $ 1,405 Why we recommend it: Though it ranks slenderly downstairs average for claims gratification in the 2020 J.D. Power U.S. Auto Insurance Claims Satisfaction Study, we think GEICO ’ s huge handiness and good technical school patronize offer a distribute of rate. Its robust web site and app let you manage your policy, get quotes, and charge claims from anywhere. There ’ mho 24/7 customer service available on-line and through a call option center. About 97 % of GEICO ’ sulfur policyholders were satisfied with the serve they received, according to a 2020 study by Alan Newman Research, a market research company .
GEICO Coverage Types Available
- Liability coverage
- Collision and comprehensive
- Personal injury protection
- Uninsured and underinsured motorist coverage
- Emergency road service
- Rental reimbursement
- Mechanical breakdown insurance
- Rideshare insurance
GEICO Discounts
- Vehicle equipment discounts
- Discounts for driving history and habits
- Driver’s education discount
- Customer loyalty discounts
- Good student discount
- Federal employee discount
- Membership and employee discounts
- Military discount
Amica
Amica, founded in 1907, calls itself the state ’ second oldest common insurance company of vehicles. But its hanker history international relations and security network ’ t the reason why this company is worth a look. It offers a generous menu of car insurance policies with some attractive built-in perks that are difficult to find at other companies, including no deductible for the repair or replacement of a deploy airbag and $ 1,000 for bail bonds. It besides offers higher-than-usual coverage limits. For model, many car policies stop at a maximal of $ 300,000 or $ 500,000 per accident for liability coverage, but Amica offers over $ 1 million in extra liability coverage for unexpected and dearly-won events. You don ’ triiodothyronine necessarily need that much coverage, but having it can work to your profit if you ’ re always caught in a major claim or lawsuit. Average annual premium for full coverage: $ 1,378 Why we recommend it: Amica stands out for its claims satisfaction, ranking among the best in the 2020 J.D. Power U.S. Auto Insurance Claims Satisfaction Study. It besides has the cheapest average annual premium of insurers on this number. This budget-friendly company doesn ’ metric ton offer the most alone discounts, but it offers many standard discounts for customers — like savings for bundling policies or for having more than one car on the policy .
Amica Coverage Types Available
- Liability coverage
- Comprehensive and collision coverage
- Personal injury protection and medical payments
- Uninsured and underinsured motorist coverage
- Gap insurance
- Full glass coverage
- Towing and labor coverage
- Rental car and travel expense reimbursement
- Accident forgiveness/good driving rewards coverage
Amica Discounts
- Accident-free and safe driver discounts
- Good student discount
- Customer loyalty discount
- Multi-vehicle and multi-policy discounts
- Safety feature discounts
- Discounts for how you pay (going paperless, auto pay, and paying in full)
Nationwide
Nationwide is one of the biggest — and most recognizable — names in the car insurance industry. Since 1925, it has grown into a Fortune 100 party that offers versatile policy products and rebate programs in 46 states and the District of Columbia. Along with standard indebtedness and fomite coverage options, it offers add-ons like towing and british labour party coverage and rental car reimbursement to customize your policy to your circumstances. Its average annual bounty is the costly among our picks, but its discount rate programs might make up for it with some drivers. For case, you can save up to 20 % a class when you combine home plate and car policy with Nationwide and up to 40 % if you sign up for its telematics program, which monitors your repel in actual clock time. The company ’ s optional Vanishing Deductible feature of speech, which lets drivers take $ 100 off their deductible for every year of accident-free drive, is besides luminary. Average annual premium for full coverage: $ 1,485 Why we recommend it: Nationwide is an attractive choice for drivers who prefer a batch of options to build their car policy. It offers closely a twelve types of coverage — from liability, comprehensive examination, and collision indemnity to gap insurance, personal injury protection, and more. More options give more choice to the consumer to customize all the specifics of their car policy. additionally, Nationwide stacks up fairly good against its competitors in the car indemnity diligence when it comes to claims satisfaction. Of this list, it ranks the second base highest in the 2020 J.D. Power U.S. Auto Insurance Claims Satisfaction Study .
Nationwide Coverage Types Available
- Liability coverage
- Comprehensive and collision coverage
- Personal injury protection and medical payments
- Uninsured and underinsured motorist coverage
- Gap insurance
- Towing and labor coverage
- Rental car expense
- Accident forgiveness
- Roadside assistance
- Vanishing deductible
Nationwide Discounts
- Accident-free and safe driver discounts
- Good student discount
- Multi-vehicle and multi-policy discounts
- Safety feature discounts
- Easy pay sign-up discount
- Mileage-based discounts
Travelers
Travelers is a reputable indemnity company with a retentive history and good coverage options that ’ s available in 42 states and the District of Columbia. It offers insurance options that most drivers need, such as liability, comprehensive, and collision coverage, along with some supernumerary add-ons, like accident forgiveness and wayside aid. The average premium is on the higher goal of the spectrum, but there are enough of discounts to offset your car indemnity premiums. For exemplar, you can get a discount on your premium if you have a loanblend or electric vehicle or see multiple vehicles with Travelers.
Average annual premium for full coverage: $ 1,325 Why we recommend it : For drivers looking for a car insurance company with solid customer service, Travelers can deliver. Like many other car indemnity companies, Travelers makes it possible to go wholly paperless by letting its customers submit claims online, over the phone, or through the Travelers mobile app. On the J.D. Power 2018 U.S. Auto Claims Satisfaction Study, Travelers scored slightly below the industry average, but was still ahead of some major providers like Progressive and AAA. Reviews for Travelers indicate that customers are systematically pleased with its customer service, multiple dismiss options, and insurance bundles .
Travelers Coverage Types Available
- Liability coverage
- Comprehensive and collision coverage
- Personal injury protection and medical payments
- Uninsured and underinsured motorist coverage
- Gap insurance
- Rental coverage
- Roadside assistance
- New car replacement
- Accident forgiveness
- Rideshare insurance
Travelers Discounts
- Safe driver discount
- Homeownership discount
- Multi-vehicle and multi-policy discounts
- Hybrid/electric vehicle discount
- Student discounts
- Driver training discount
- Mileage-based discount
- Early quote discount
- New car discount
- Customer loyalty discount
- Discounts for how you pay (going paperless, auto pay, and paying in full)
State Farm
express farm is the largest car indemnity company in the U.S., offering all the usual car policy coverages, plus a few helpful add-ons like rideshare insurance, gap policy, and pet injury auspices. The Illinois-based has closely 19,000 agents who can help you pick the policy coverage that fits your needs and budget. As of 2019, it has 44 million active car policies in the U.S. Average annual premium for full coverage: $ 1,457 Why we recommend it: State Farm stands out as an indemnity company for its carnival prices, approachability, and car claims satisfaction. State Farm ’ s average annual premium rate is slenderly higher than other rates on this list, but still relatively broken compared to the pillow of the industry. In terms of handiness, this caller not alone offers flexible and expansive car coverage, but its huge network of agents besides makes it easy to find an agentive role near you in person or over the phone. As for car claims satisfaction, this insurance company ranks high .
State Farm Coverage Types Available
- Liability coverage
- Comprehensive and collision coverage
- Personal injury protection and medical payments
- Uninsured and underinsured motorist coverage
- Car rental and travel expenses coverage
- Emergency road service coverage
- Rideshare insurance
State Farm Discounts
- Accident-free discount
- Multi-vehicle and multi-policy discounts
- Defensive driving course discount
- Student discounts
- Safe driver discount
- Driver training discount
- Safety feature discounts
Honorable Mentions for the Best Car Insurance Companies
There are some smaller or more exclusive insurers that have better rates and higher customer satisfaction ratings than the bad names. We included these car indemnity companies as honest mentions because they rank highly across several categories but are available on a more limited footing for a smaller numeral of drivers. But if you do qualify for coverage, they could be worth a look .
USAA
USAA is a leading cable car policy ship’s company in several categories. It ranks eminent in affordability, customer atonement, and its width of coverage options. It only offers indemnity to military members, veterans, and their families, making it an ideal one-stop shop for those in that class but not the respite of the U.S. population. Many of its features are designed specifically for military members ’ needs. For case, customers can get reduced rates for low annual mileage and astir to a 60 % discount for vehicles stored during deployment. It has one of the highest claims satisfaction ratings, according to J.D. Power. Average annual premium for full coverage: $ 1,225
USAA Coverage Types Available
- Liability coverage
- Collision and comprehensive coverage
- Uninsured and underinsured motorist coverage
- Personal injury protection and medical payments
- Roadside assistance
- Rental car reimbursement
USAA Discounts
- Safe driver discount
- Student discount
- New vehicle discount
- Driving training discount
- Multi-vehicle and multi-policy discounts
- Base and storage discount
- Mileage-based discount
- Customer loyalty discount
- Defensive driving discount
Erie Insurance
Erie Insurance doesn ’ triiodothyronine offer policy across the nation, but if you ’ re looking for an low-cost bounty and populate in one of the few states it ’ randomness available in, it is celebrated for its gloomy rates. It offers coverage in 12 states — Illinois, Indiana, Kentucky, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wisconsin — and Washington D.C. Although it ’ second limited to these states, its average annual premium is the most budget-friendly of this list. Erie sells indemnity entirely through its network of independent agents and none of its indemnity offerings can be purchased from the company directly. Erie has one of the highest claims atonement ratings, according to J.D. Power. Average annual premium for full coverage: $ 1,233
Erie Insurance Coverage Types Available
- Liability coverage
- Collision and comprehensive coverage
- Uninsured and underinsured motorist coverage
- Personal injury protection and medical payments
- Roadside assistance
- Rental reimbursement
- Pet coverage
- Personal item coverage
- New car replacement
- Rental car reimbursement
- Rideshare insurance
Erie Insurance Discounts
- Safe driving discount
- Safe vehicle discounts
- Multi-vehicle and multi-policy discounts
- Mileage-based discount
- Young driver discount
- Discount for how you pay (one lump sum)
- Accident forgiveness
Auto-Owners Insurance
Auto-Owners Insurance Company offers respective types of insurance through independent agents in 26 states, including car, homeowners, and life policy. It offers a multi-policy rebate and many standard coverage options that other indemnity companies do. It ’ south ideal for drivers who respect a one-on-one relationship with an agent and aren ’ metric ton concerned about extra features, such as an app or unique coverage add-ons. Auto-Owners has the third highest claims satisfaction ratings, according to J.D. Power. Plus, its car insurance rates are relatively moo compared to other popular insurers. Average annual premium for full coverage: $ 1,351
Auto-Owners Insurance Coverage Types Available
- Liability coverage
- Collision and comprehensive coverage
- Uninsured and underinsured motorist coverage
- Personal injury protection and medical payments
- Gap insurance
- Roadside assistance
- Rental reimbursement
Auto-Owners Insurance Discounts
- Safety feature discounts
- Multi-vehicle and multi-policy discounts
- Young driver discount
- Student discounts
- Discount for how you pay (going paperless, paying on time, and paying in full)
- Advance quote discount
Best Car Insurance Companies of February 2022 Summary
| Insurance Company | Average Annual Premium for Full Coverage | J.D. Power Claims Satisfaction Score, 2020 | A.M. Best Rating, 2020 | States Available |
|---|---|---|---|---|
| GEICO | $1,405 | 871 | A++ | 50 |
| Amica | $1,378 | 907 | A+ | 49 |
| Nationwide | $1,485 | 876 | A+ | 46 |
| Travelers | $1,325 | 861 | A++ | 43 |
| State Farm | $1,457 | 881 | A++ | 50 |
| USAA (Honorable Mention) | $1,225 | 890 | A++ | 50 |
| Erie Insurance (Honorable Mention) | $1,233 | 880 | A+ | 12 |
| Auto-Owners Insurance (Honorable Mention) | $1,351 | 890 | A++ | 26 |
How to Choose a Car Insurance Company
There are many factors to consider when choosing a car indemnity company, from the ship’s company ’ randomness overall customer service repute to its rates and more. Find a car insurance company that meets your needs and get enough coverage for an low-cost rate by following these tips .
Pro Tip
If you want to save on car indemnity, comparison patronize is crucial. But before you start, review the basics on how car insurance works. once you have a beneficial reason of how much coverage you need, shop around for rates. You can use comparison tools online, get quotes immediately from insurers ’ websites, or pick up the phone and spill to an agent .
1. Assess Your Current Needs and Financial Situation
To get started, take a count at your own fiscal site and your vehicle ’ mho model and age in relation to your submit ’ second minimal car indemnity requirements. Consider how much coverage you feel comfortable with, how that could affect your budget, and whether you need to increase your coverage to protect you and your assets. “ Insurance is an all-important fiscal service, and yet the sales are done in such a way that it ’ mho very opaque to consumers, ” says Birny Birnbaum, the executive director of the Center for Economic Justice and an expert on policy. “ You should be clear on what coverage you ’ re buying, ” Birnbaum says .
2. Research Car Insurance Companies
Spend some clock researching cable car indemnity companies online. read reviews and see what type of coverage options each party offers. As a begin point, you can ask friends and syndicate for recommendations. Or if you already have homeowners or life indemnity with a specific company, you could look into bundling that policy with an car indemnity policy for a discount rate. “ Ask if there ’ s anything that this particular indemnity company is providing that most insurers are not providing, or if they ’ re not providing something that most other insurers are providing, ” says Birnbaum. “ You want to ask if they ’ re an outlier — in a good or bad way. ”
3. Compare Car Quotes
Narrow your choices and make a list of your acme three policy companies. Get car policy quotes from those companies and compare them. You can get car policy quotes a few ways : on-line with a comparison cock, directly on an insurance company ’ mho web site, or over the earphone with an agent. When you ’ ra compare, spirit at prices but besides at how a lot coverage you ’ five hundred get with each insurance caller — and consider any extra perks, like wayside aid or accident forgiveness .
4. Ask Important Questions
If you ’ re in tint with an policy agent, ask the agentive role what factors will most affect your rates. “ Ask what information will you use to assess my hazard and how do I check to see if the information you ’ rhenium using is accurate ?, ” says Birnbaum. For model, some companies take credit scores or education levels into consideration to come up with car quotes. besides, ask about any discounts that apply to you .
Frequently Asked Questions
What is the best car insurance company?
There is no one-size-fits-all solution when it comes to car insurance. A certain car indemnity ship’s company may be the best for one person and not the best for another person. A draw of the decision comes down to how much coverage you need for yourself and your cable car, and how much coverage you can afford—and which indemnity company best meets your needs .
Do car insurance companies offer military discounts?
The majority of car policy companies don ’ thyroxine offer military discounts or perks, but there are a few that do. USAA offers a range of insurance products, including car policy, entirely to military personnel, veterans, and their families. GEICO offers a discount rate of up to 15 % for retire or active-duty military, National Guard members, and those enlisted in the Reserves, a well as deployment discounts .
Who offers the cheapest auto insurance?
NextAdvisor ’ s psychoanalysis found that USAA, Erie Insurance, and Travelers are the cheapest car insurance companies in the area, but keep in mind that rates are very personal. The price you pay for car insurance depends on what discounts you qualify for, the come of car coverage you need, and the party you choose to be insured with. That ’ south why it ’ mho important to shop around and compare prices between policy companies to make surely you ’ re getting the best deal .
What types of coverages do you need?
The type and sum of car coverage you need depend on your alone circumstances and where you live. Your budget, your country ’ second minimal requirements, your vehicle ’ sulfur historic period and model, and respective early factors all impact your decisiveness. If you have questions or don ’ metric ton know where to start, talking to a accredited professional can help the car indemnity buy summons .
What’s the difference between buying from an independent insurance agent or a captive insurance agent? Can you buy car insurance without an agent?
There are a few ways you can buy cable car policy. You can buy it online without an agent ’ s help, but it does require more legwork in terms of understand and comparing policies. If you prefer to work with a cable car indemnity agent, know that there are two types of agents : freelancer and captive. freelancer agents work for themselves and aren ’ t tied to a particular indemnity company, so they ’ re able to be more aim and can recommend policies from a kind of car indemnity companies. They can sometimes be a fiddling costly because their income comes from their sales. captive agents are the complete inverse ; they work for a single policy company and entirely offer their company ’ s insurance products. You ’ ll most probable talk to a prisoner agentive role if you call an indemnity company to get a quote .
Do auto insurance companies share your information about claims and policies?
Yes, car insurance companies track and share any indemnity claims you make on your property and casualty policies ( homeowners, car, etc. ) with forte consumer report agencies. An model of a forte consumer report means is LexisNexis, which owns a comprehensive Loss Underwriting Exchange database, or CLUE. Insurers subscribe to CLUE to learn about claims that you ’ ve filed in the by, which then helps them decide how a lot to charge you for a policy. They can besides gather peoples ’ drive records, which is already publicly available information .
Can car insurance companies drop policyholders?
Insurers can ’ triiodothyronine cancel a policy that ’ s older than 60 days, according to the Insurance Information Institute ( III ). But there are a few exceptions to that rule. An indemnity company can drop you as a policyholder if you don ’ t pay the bounty. They can besides cancel a policy if you ’ ve committed fraud, misrepresented yourself on the application, or your driver ’ second license is suspended or revoked while your policy is in force.