Car insurance companies

Top 10 car insurance companies

by

Choosing among all those car insurance companies is a subjective process. Each person will find different reasons that make them decide between one or another car insurance company, so it is difficult to speak in absolute terms. Luckily, the market for car insurance companies in the United States is very well developed and there are many options that reach all possible types of clients and that is why it is difficult to make a list of the best car insurance companies in the United States.

For all this, we have decided to create the definitive list of the best car insurance in the United States.

We examine factors such as customer satisfaction, product and service portfolio, track record and territoriality. Continue reading to find out what each of these 10 car insurance companies offers and you will be able to make a better decision.

Table of Content

State Farm : Ideal car insurance for those who want an agent

According to the National Association of Insurance Commissioners (NAIC), State Farm insures about 9.76% of cars in the United States. Although State Farm policyholders typically pay higher premiums than other car owners, they enjoy the benefits of having a dedicated agent, something many auto insurance companies no longer provide. State Farm customers can choose from coverage packages like emergency roadside service, travel expense coverage, and auto rental coverage. All of them ideal for those who travel a lot.

State Farm offers a wide range of discounts, including:

  • Discounts for being a good student and for studying away from home
  • Discounts for multiple vehicles and policies
  • Defensive driving course, discounts for good driving and safe drivers
  • Passive retrains and discounts on anti-theft systems
  • Up to 30% savings using the Drive Safe and Save app

State Farm offers a range of financial products, including:

  • Home, condo, renters, and farm and ranch insurance.
  • Universal life, whole life and term life insurance
  • Supplemental Medicare, individual health insurance and supplemental health
  • Long and short term disability insurance
  • personal and business insurance

Geico : Ideal car insurance for young drivers

If you are looking for cheap auto insurance, you should consider GEICO. Compared to State Farm, Geico offers substantially lower premiums, even for people with poor credit scores, and commands about 6.50% of the US auto insurance market. Geico’s lower rates also apply to drivers with a history of at-fault accidents and young drivers, making it a great choice for people on a budget. It is one of the cheapest car insurers.

When it comes to discounts, Geico positions itself well against its competitors by offering:

  • Discounts on air bags, anti-lock brakes and anti-theft devices
  • Discounts on driver education and use of seat belts
  • Discounts for good student and good driver
  • Discounts for multiple vehicles and policies
  • Discounts for federal and military employees

And for those who have other properties to insure, Geico also offers:

  • ATV, boat and recreational vehicle insurance
  • Insurance for homeowners, renters, condos, landlords, mobile homes and floods
  • Life, pet, travel and umbrella insurance
  • Business, professional liability and malpractice insurance

Progressive : ideal car insurance for high-risk drivers

Progressive’s rates are about the same as State Farm’s, but they can’t compete with Geico’s lower premiums. Compared to Geico, Progressive charges much higher premiums for drivers with poor credit, young drivers, and motorists with a history of at-fault accidents.

Progressive has many discount programs, some that reward doing business online:

  • An average of $145 in discounts when using the Progressive Snapshot app
  • Discounts for good students and teen drivers
  • Documents by virtual documents, signature and quote online
  • Discounts for multiple vehicles and policies
  • Discounts on anti-theft devices
  • Defensive Driving Discounts
  • Owner Discounts
  • Automatic and full payment discounts

Like other auto insurance companies, Progressive has more items to insure:

  • Homeowners, renters, condominiums and mobile homes
  • Motorcycle, SUV, Boat, Classic Car, Snowmobile, Segway, and Golf Cart
  • Electronic device, identity theft and pet insurance
  • Health, life, travel and wedding insurance

Allstate : ideal car insurance for those with poor credit

Allstate prices indicate that this is not a company that offers cheap car insurance. However, compared to Progressive, Allstate offers better prices for people with credit problems and for teen drivers.

Allstate ‘s roadside assistance services offer emergency assistance such as fuel delivery, towing, jump starting and tire changes. The program offers two levels of support: three bailouts per year for about $80 or five for $140. Price limits apply to all services and some services are not available in all areas. Allstate guarantees fast help in less than 30 minutes, and if this is not met, they will offer you discounts on next year’s membership.

Allstate also offers many discounts to help its premium customers lower their rates, including:

  • Discounts for being a good student and for studying away from home
  • Multiple Policy Discounts
  • Discounts on anti-theft system, anti-lock brake system and safe driving club
  • Discount on driver training, for good drivers and defensive drivers
  • Discounts for new vehicles and green vehicles
  • Discounts for early signing and paperless documents (online)
  • Up to $200 in savings when you use the Allstate Drivewise app, including up to 3% off just for signing up.

Allstate’s product line nearly matches Progressive’s:

  • Insurance for boats, snowmobiles and ATVs.
  • Condo, homeowners and renters insurance
  • life and health insurance

USAA : ideal car insurance for military families and veterans

The USAA is different from other auto insurance companies: it only offers its products to the military and their families. If you’re a member of the military, you may not find better prices than USAA. USAA premiums are often lower than other top auto insurance companies, even for drivers with poor credit or a history of at-fault accidents, as well as for teen and young adult drivers.

Even with premiums this low, USAA offers an impressive selection of discounts, including:

  • Student and driver training discounts
  • Discounts for multiple vehicles and policies
  • Discounts per family and length of membership
  • Discounts on new vehicles and vehicles in deposit

USAA offers most, if not all, of the financial products a military family needs, including:

  • Homeowner’s, mobile home, condo and renter’s insurance.
  • Life, health, dental and vision insurance
  • Boat, caravan, motorcycle and travel trailer insurance
  • CDs, credit cards, mortgages and car loans
  • Current accounts and savings accounts
  • Mutual Funds, Bonds, and Individual Retirement Accounts

Amica : ideal car insurance for those looking for good customer service

Amica has excellent customer service and shows it year after year with their compliance surveys. In fact, the survey company JD Power and Associates has ranked it number one in customer service for the past eleven years. Amica serves all states except Hawaii. Another drawback is its digital services. They have an app, but consumers rate it poorly, according to JD Power and Associates.

Discounts include:

  • Loyalty discounts
  • Multi-line for multiple Amica policies (for example, you can get a discount if you insure your car and your house with Amica)
  • Multiple Car Discounts
  • Discounts for not receiving claims
  • Full payment discounts
  • Discounts on defensive driving courses
  • Student Discounts
  • Homeowner Discount

They also offer a variety of insurance, including:

  • homeowners insurance
  • Life insurance
  • small business insurance
  • condo insurance
  • renters insurance

Esurance : Ideal car insurance for learners

Esurance is financially backed by Allstate, but according to JD Power, the company gets mixed marks for customer service. The online shopping experience was rated better than average because they make it so easy. According to the NAIC, Esurance received more complaints than the industry average.

Where Esurance stands out the most is in online educational resources. A brief look at the website will give you tables to calculate which service to hire and for how much money. If you’re still lost, you can talk to a coverage advisor for guidance.

The services they offer include:

  • rented car insurance
  • emergency roadside assistance
  • Shared ride coverage

They also offer a number of discounts:

  • Education
  • Residence time
  • credit score
  • For not receiving complaints
  • First policy (5% discount)
  • Good student
  • punctual payments
  • multiple policies
  • Drive sense app tracks how much and how you drive to qualify for discounts

Erie : Car insurance in some states

Erie Insurance provides excellent customer service, ranking first in both customer satisfaction and claim satisfaction by JD Power. Where is the trick? Erie serves only twelve states: Illinois, Indiana, Kentucky, Maryland, New York, North Carolina, Ohio, Pennsylvania, Virginia, West Virginia, Tennessee and Wisconsin, and the District of Columbia. It is based in Erie, Pennsylvania.

Their rates are also below the national average, so if you live in a state that Erie serves, it’s definitely worth checking out. They are one of the highest rated auto insurance companies.

They offer insurance coverage for:

  • Car
  • Motorcycle
  • tenants
  • Ship
  • Condominium
  • Lifetime
  • Pets
  • Business

They have a number of discounts on top of their reasonable rates, including:

  • multiple policies
  • safe driving
  • Good student
  • Little use

NJM Auto – Ideal auto insurance for residents of New Jersey, Pennsylvania and Connecticut

NJM offers excellent customer service as well as prices that are below the national average. Pollster JD Power honored them for “outstanding auto claims experience.” Complaints to NJM are generally less frequent than to other auto insurance companies. However, NJM only serves New Jersey, Pennsylvania, and Connecticut. If you live in these states, NJM is worth a look.

You’ll get many benefits with your NJM auto insurance policy, including:

  • 24/7 roadside assistance
  • All risk coverage
  • Collision
  • Responsibility
  • Personal Injury Protection

They also offer many discounts, including:

  • Discounts for good students
  • Defensive Driving Discounts
  • Discounts for multiple vehicles
  • Discounts on anti-lock brakes
  • Discounts on anti-theft devices

American Family : The best car insurance in multi-product discounts

American Family Insurance offers a wide range of coverage plus the option to create many product combinations, making American Family a great alternative for those who insure multiple products. It has excellent customer service, although some customers complain that it takes too long to file a claim. American Family offers many discounts and because of that it stands out among other auto insurance companies.

American Family discounts and features:

  • Discounts for multiple vehicles and policies
  • Accident-free discounts
  • Discounts on defensive driving courses
  • Online policy management
  • emergency roadside assistance
  • Low mileage discounts
  • Loyalty discounts
  • Student discounts.
  • 24/7 support
  • Meet the “Your Drive” app that tracks how and how far you drive. Customers who sign up for it will get an automatic 5% discount.