There are many companies offering car insurance, but there are only a few that dominate the market. To narrow down the field, the insurance editorial team at Bankrate looked at the companies' coverage options, discounts, customer service scores, and financial strength ratings. Each company was then given a Bankrate score. This score is a number ranging from 5.0 to 5.0. It represents how well each scoring category performed.
Geico
Geico is a top choice for people looking for a low cost car insurance policy. They offer very low rates and don't use insurance agents. DriveEasy offers a telematics platform called DriveEasy which analyzes driving habits. If you drive safely and reduce your mileage, Geico will lower your rates.
Geico offers a variety of discounts, including multi-policy discounts and multi-vehicle discounts. Multi-vehicle policies are eligible for 25% off You can also combine your auto and home policies with Geico for a bigger discount.
State Farm
State Farm car insurance co is an umbrella group of mutual insurance companies with offices throughout the United States. The headquarters of State Farm is located in Bloomington. The company employs over 5,000 people. It offers car insurance to individuals and families as well for businesses. The group offers a variety of coverage options to suit every budget.
Rates for State Farm car insurance vary widely depending on the region, the age of the driver, and the type of coverage the driver is looking for. The company offers many discounts that drivers need to take advantage of. For instance, drivers who have been accident-free for at least five years qualify for decent discounts, while drivers who have been accident-free for a year can get moderate savings by taking a defensive driving course. Drivers can also take advantage of State Farm's Steer Clear program, which includes a course and driving practice. This program is offered in the United States except for Rhode Island and California.
Progressive
Progressive insurance has been in business since 1975. It is the third-largest insurance company in the United States and the largest commercial auto insurer. Jack Green and Joseph M. Lewis started the company in 1937. The company is based out of Mayfield Village, Ohio. It provides insurance for all types of vehicles including cars, trucks, and motorcycles.
The company offers discounts and savings. Customers can choose the monthly payment that works best for them with a name your price tool on the Progressive website. It will then recommend coverage based on their budget. Snapshot, a telematics program, monitors drivers and adjusts insurance rates accordingly. This technology has been found to reduce insurance costs by an average of $146 per year. However, drivers should be aware that this technology can also increase their premiums if they are involved in a high-risk accident.
USAA
USAA Car Insurance gives you peace of heart knowing that your car will be protected from theft and damages. The auto insurance company also offers tire changing and roadside assistance. You can also get rental car reimbursement depending on your coverage. USAA says that the service will save consumers as much as 30% on auto insurance.
The application process can be done online or over the telephone. It may be faster to fill out the application online. But, if you're not sure, call the company for assistance. To make sure that you are eligible for insurance, the agent will need to ask questions about you and your vehicle information.
Travelers
Travelers car insurance offers a variety of options, depending on your needs. There are two types of insurance offered by Travelers: standard, premium new-car replacement and accident forgiveness. The latter covers the difference between the actual cash value of your car and the remaining amount of your loan. This insurance can be more costly than barebones.
For good drivers, Travelers offers discounts. You can get an 8% discount if you own more than one vehicle. In addition, if you pay your bill on time, you can get a three to ten percent discount. A discount is also available if you haven't made any claims in the last five year.