BEST CAR INSURANCE COMPANIES 2022
1. Geico
Geico's advertising presence has made it one of the most recognizable brands in auto insurance, and this insurance provider's prices and customer service have made it one of the most beloved. It's hard to beat the famous gecko.
Geico famously tells drivers that they could save 15% or more by switching to the carrier, but how does it provide such savings? The answer comes with the company's comprehensive discounts. As a Geico policyholder, you could get discounts based on your car's safety equipment (airbags, antilock brakes, antitheft systems), your driving habits (good driver, seat belt use), your employer (federal employee, military, and some individual employers) and courses you take (defensive driving, driver's education course).
Geico also racks up awards. Most recently, the company won two Webbys, indicating excellence in online user experience. Geico Mobile was a 2021 Winner for both Best Practices and Technical Achievement for Apps & Software.
2. The General
The General Automobile Insurance Services has been serving customers for over 50 years and, like Geico, has gained notice from a series of TV commercials and a catchy slogan. In addition to car insurance, The General offers life insurance policies through parent company American Family Insurance, opening the opportunity to bundle, which may save you even more money if you're also in the market for life insurance.
The General acknowledges that not every driver can boast the cleanest record, and that mistakes such as accidents and driving violations happen behind the wheel. Still, the company endeavors to provide reasonable rates to drivers who may fall under the "nonstandard" label. It's also worth noting that insurance acquired through The General is underwritten by a number of companies that have been recognized by AM Best with an "A" rating, while The General itself has obtained an A- (excellent) rating.
The General extends additional benefits to all customers. For instance, the company offers a "low down payment" option for its plans, as well as discounts based on your car's safety equipment, your own driving record, and more.
3. Travelers
Travelers insurance's extensive list of discounts is impressive. From discounts for safe driving and multicar policies to good student discounts and even discounts for owning a hybrid or electric vehicle, there's something for everyone to take advantage of from this insurer. Moreover, Travelers offers savings on insurance bundles, giving you up to 13% off home and car policies when you bring them under the same roof. The average annual minimum coverage premium from Travelers is $469, just a little under $100 less than the industry average, according to data from Bankrate.
4. USAA
In order to be eligible for a policy with the United Services Automobile Association, you need to be either a US service member, a veteran, or a qualifying family member. USAA offers a slew of perks focusing on military coverage, including discounts for vehicle storage while deployed, which could save you up to 60% off your premium.
Needless to say, that disqualifies most people -- but if you are eligible for auto insurance with USAA, the insurer has a host of car insurance discounts available, so most drivers will likely be able to save even more money. Discounts include those for safe driving, taking driving training or defensive driver courses, insuring multiple vehicles, continuing a family membership, and storing a car on a military base.
5. Auto-Owners
Auto-Owners is in a little over half of the US, selling policies in 26 states. The great thing about this regional insurer is that the local network of 48,000 agents allows policyholders to get individual attention from their local representatives. Additionally, Auto-Owners has low rates, on average, for minimum coverage.
The national average annual minimum coverage premium sits at $565, but Auto-Owners' minimum coverage policies cost just $382 per year on average, according to data from Bankrate.
Auto-Owners has been in this business for more than a century, and they've adapted to new technology across time as the mobile app makes it easy to manage your account, track your claims and call for roadside assistance. Like Travelers, Auto-Owners has an extensive list of discounts you may be able to take advantage of, including bundling, student away at school, teen driver monitoring, and good student discounts.
6. Erie Insurance
Erie Insurance is another century-old carrier on this list that provides robust coverage to its customers. It's difficult to place Erie on this list given that it's only available in 12 states -- but if you can find it, it's an option worth looking into.
Erie's average minimum coverage premium is cheap at just $409 per year, more than $100 less than the national average. Moreover, the company also boasts high customer satisfaction scores from J.D. Power, a low number of complaints from the National Association of Insurance Commissioners, and a high collision repair score from Crash Network.
Not only can you bring your home and auto insurance under one roof, but Erie auto coverage may also include pet, ride-sharing (like Uber or Lyft), and personal item coverage, depending on which coverages you purchase.
Erie operates in its native Pennsylvania, as well as Indiana, Kentucky, Ohio, Illinois, West Virginia, Maryland, North Carolina, New York, Wisconsin, Tennessee, Virginia, and DC.
Source:- cnet.com