The Best Car Insurance Companies of 2022
Geico, Progressive, and USAA are the best auto insurance companies based on average premiums, customer reviews. The top auto insurance providers in 2022 offer affordable coverage, a variety of insurance types, and numerous discounts.
The Best Car Insurance Companies of 2022
- The Hartford
- State Farm
- Liberty Mutual
Geico is the best auto insurance provider due to its affordable premiums and extensive selection of coverage options and discounts, including good-driver and vehicle-safety discounts. Geico also offers coverage for boats, condominiums, renters’, and auto insurance.
Progressive is among the best auto insurance providers due to its consistently low rates. The company also makes it simple for policyholders to file a claim, as it offers the option of filing online, via a mobile app, or via a toll-free number available around the clock. Progressive auto insurance discounts include multi-policy, multi-car, and Snapshot discounts.
USAA is a reasonably priced auto insurance provider, but it is exclusive to military service members, veterans, and their families. In addition to standard types of auto insurance coverage, USAA offers rideshare and classic car insurance. Remember that USAA has lower customer service ratings than some competitors due to complaints about slow communication and inadequate claims settlements.
Esurance offers affordable insurance coverage to drivers who are comfortable purchasing a policy from a company that does not have local agents. Esurance offers auto insurance policies in 43 states, including California, Florida, and Texas. However, Esurance’s low prices are accompanied by some disadvantages. For example, Esurance receives approximately three times as many customer complaints as the average competitor.
Given the variety of coverage options and discounts it provides, Travelers is an excellent auto insurance company. For example, policyholders can receive discounts for insuring a hybrid vehicle, driving safely, and completing a driver’s education course. In addition to auto insurance, Travelers also offers policies for homeowners, renters, and landlords.
Hartford is best known for its AARP-discounted premiums, but non-AARP members can also purchase policies from the company. Any policyholder can save money by utilising The Hartford’s discounts, which include paid-in-full and defensive-driver discounts. In addition to car insurance, Hartford offers homeowners, boat, and umbrella policies.
Although Mercury’s premiums are reasonable, the company’s policies are only available in 11 states, including California, Florida, and Texas. Mercury policy supplements include rental reimbursement, mechanical protection, and emergency road service. Mercury offers home, renters, and condo insurance if you want to bundle several policies.
AAA provides low prices and a variety of discounts, making it an excellent choice for frugal drivers. Customers must, however, be AAA members to purchase auto insurance from the company. AAA membership fees vary by region but typically range from $38 to $171 per year. In addition to standard auto insurance, some regional clubs provide gap insurance, accident forgiveness, and rental reimbursement coverage.
State Farm is the largest car insurance company in the United States, making it a good choice for drivers who want to be insured by a large corporation. State Farm also provides various insurance products, allowing customers to save money through multi-policy discounts. Furthermore, drivers with specific needs can purchase State Farm sports car or classic car insurance and rideshare insurance in some states.
Liberty Mutual provides affordable car insurance coverage in every state and optional policy add-ons such as rental car reimbursement, commercial car insurance, and classic car insurance. Drivers can also save money on their Liberty Mutual auto insurance by taking advantage of discounts such as multi-car, early shopper, and good-student. Homeowners, business, and motorcycle insurance are also available from Liberty Mutual.insurance
How to Get the Best Auto
1. Look around for the best deal.
Premiums are calculated by insurance companies based on several factors, including age, ZIP code, and driving record. As a result, getting quotes from at least three insurers is a good idea to help you find the best car insurance for your specific needs. Then, shop around the next time you need to renew your policy. You can ensure that you are still getting the best deal this way.
2. Don’t overlook regional businesses.
State Farm, Geico, and Progressive are the market leaders, but don’t overlook smaller car insurance companies in your area. Local and regional insurers can also provide competitive rates. Regional companies are also a good option for drivers who would rather speak with an agent than manage their policy online. You can find a list of reputable insurers in your state by clicking on the name of the form below, which includes businesses of all sizes.
3. Keep an eye out for bargains.
Some car insurance discounts are automatically applied when you request a quote but don’t forget to look for additional ways to save. For example, you may be able to reduce your premium by taking a defensive driving course or enrolling in your insurer’s usage-based programme.
4. Consider factors other than price.
Finding an affordable car insurance policy is critical, but the price isn’t the only consideration. Before purchasing a policy, you should also consider the company’s customer service record. You can, for example, see how the company is rated by the Better Business Bureau or J.D. Power, a market research firm. WalletHub user ratings reflect customer satisfaction, while WalletHub editor ratings show how a company compares to the competition.