When searching for the lowest car insurance rates, you want to ensure your chosen company offers competitive prices as well as exceptional customer service.
Top car insurance companies provide low premiums while standing out from competitors with superior customer service, digital tools and discount opportunities. These firms have earned our top spot on our list.
1. GEICO
GEICO is one of the top car insurance companies, known for their excellent customer service and wide array of discounts. Drivers who buy a vehicle less than three years old are eligible for new car savings as well as anti-theft system discounts and daytime running lights coverage are just some of the options available to customers.
No matter if you need to file a claim online, over the phone or on their mobile app, GEICO has got your back. Plus they provide 24/7 roadside assistance and tow services so that you can get assistance when it matters most.
GEICO also provides competitive rates for teens. On average, their customers save $2,100 over the national average with them.
2. Progressive
Progressive is one of the top car insurance providers in America, offering a wide selection of coverage options and multiple discounts.
Progressive's rates tend to be around 7% lower than the national average for full coverage policies, and it offers a variety of add-ons and extra features.
For instance, the company's Snapshot program helps drivers save money by monitoring their driving habits and rewarding safe drivers with lower rates.
Drivers can save by bundling their Progressive auto policy with other policies, like home or renters. Plus, the company has a "Name Your Price" tool that enables customers to select an insurance plan based on their budgetary constraints.
3. State Farm
State Farm is the leading auto insurer in America, writing over $16 billion of private passenger auto premiums annually. They hold a commanding 16% market share within this segment with their policyholders' premiums making up over 16% of their overall premiums.
They provide several valuable discounts that can help you save on your policy. These include good driver and safe driving discounts, telematics discounts and a young drivers' discount.
Their prices are competitive, and they have numerous local agents to help you get the best deal on car insurance. Unfortunately, they're not as budget-friendly as some of the other top providers like Progressive or Geico.
4. USAA
USAA (United Service Automobile Association) is a Fortune 500 financial services provider. It provides auto insurance and banking solutions to members of the armed forces and their families from its headquarters in San Antonio, Texas.
USAA is renowned for its superior customer experience and highly-rated claims handling. It boasts an impressive 2020 property claim satisfaction score of 904/1,000, with customers reporting lower-than-average customer complaints within the industry.
USAA provides a range of auto and homeowners insurance policies, including rental property coverage and flood coverage. Plus, it offers discounts like multi-policy or good driver recognition.
5. Geico
GEICO is an excellent option for those seeking to save on car insurance. They offer low rates for good drivers, a variety of discounts, and an impressive record when it comes to customer service.
State Farm and Allstate compete by selling their insurance directly to consumers, cutting out the need for middlemen. Furthermore, Smaller local offices and agents keep overhead costs lower than larger insurers like State Farm or Allstate do.
Mechanical breakdown insurance (MBI) is another popular feature offered by the company, providing coverage for repairs to your vehicle if certain parts break down due to normal use rather than from an accident.
6. Kemper
Kemper is a nationwide insurer that provides many insurance products, such as auto coverage. Plus, their discounts can help you save on your premiums!
This company specializes in covering high-risk drivers at reasonable prices. They have a number of features that can be beneficial to many, such as accident forgiveness and an ever-decreasing deductible.
The insurance company is financially sound, and AM Best has given it an A- rating. Unfortunately, its customer service rating is below average and it has received more complaints than its industry peers.
7. Auto-Owners
Auto-Owners is a large insurance company that operates through an independent agent network. They provide property & casualty, life & health policies in 26 states.
They boast a large network of local agents who can provide personalized car insurance quotes. Unfortunately, their service area is limited to 26 states and they don't provide an online quote option.
Their Personal Automobile Plus package is an effective way to save money on insurance. It includes several benefits like cell phone replacement, locksmith services and identity theft coverage.
Safeco also provides loan and lease gap insurance, which helps cover the difference between your vehicle's actual cash value and what you owe on a loan or lease in case it is totaled in an accident. Furthermore, they have a decreasing deductible add-on for low mileage drivers.
8. Safeco
Safeco offers a vast selection of car insurance solutions, and their website includes an interactive portal where customers can speak to live agents and get quotes quickly. Plus, customers are free to log in anytime to check their policy status.
The company provides several safety features, such as RightTrack, a smartphone app that monitors driving habits and rewards safe drivers with discounts. Furthermore, it provides a declining deductible of $100 each year after three consecutive claims-free drives.
The company also provides personal property replacement coverage, valuable articles insurance and equipment breakdown coverage. Furthermore, its Guaranteed Repair Network feature covers damage to your car caused by an approved network of contractors.
9. SafeAuto
SafeAuto offers cost-effective car insurance for drivers who want to bypass traditional coverage. They specialize in state minimum coverage, which means it covers only what your state requires.
SafeAuto provides policyholders with a range of discounts, such as Good Student and Homeowner. Furthermore, if you switch from another insurer to them, they'll give you a New Business Transfer discount.
As with other companies, SafeAuto rates may differ by driver. To find out what your premium will be, use SmartFinancial's instant car insurance quotes tool or ask a local agent for an estimate. Furthermore, reviews about SafeAuto on sites like Clearsurance offer praise for its low rates and have led many satisfied policyholders to recommend the company to others.
10. Liberty Mutual
Liberty Mutual is a well-established insurance provider offering various types of auto and property policies. Their policies boast top-of-the-line customer satisfaction scores and have enjoyed years of financial stability.
They offer mobile applications where customers can access their digital ID cards, pay bills, make changes and request roadside assistance. Furthermore, you can file a claim through their online portal.
The Better Business Bureau and National Association of Insurance Commissioners consistently award this company high marks for customer service.
Their policy options cover bodily injury liability, property damage liability, uninsured motorist coverage, medical payments and personal injury protection. Furthermore, they offer rental car reimbursement, new car replacement options and accident forgiveness; additionally they offer protection for teachers and travelers to Mexico. With such features offered at such low costs to consumers looking for auto insurance discounts, these features can be a great advantage when looking to save money on premiums.