10 Best Affordable Car Insurance Companies in USA
If you own a car and you live in the USA, it’s likely that you’ve heard of the large number of different car insurance companies that exist on the market. How do you know which one to choose? You might be surprised by the answer!
Despite popular opinion, all car insurance companies aren’t created equal, and some are certainly better than others. Here are the top 10 best car insurance companies in USA according to customer satisfaction surveys, so you can make an informed decision about who to buy from next time you have to renew your policy.
Allstate is headquartered in Northbrook, Illinois. It sells auto insurance products as well as other types of insurance such as homeowner’s insurance and renters’ insurance policies. It is America’s largest publicly held personal lines insurer. Its global headquarters are located on North Halsted Street in downtown Chicago. Allstate was founded by Thomas Leonard Hillard and Warren B.
2) State Farm
State Farm is one of America’s largest auto insurers, and as of 2016, it was also one of its most popular. To receive a quote from State Farm, or any other insurer on our list, you can use our free quote tool below to get an instant price for your car insurance. It will also include a variety of discounts you might be eligible for.
As America’s favorite auto insurer, GEICO provides more than 6 million policyholders with insurance quotes, coverage options and personalized assistance from more than 22,000 independent agents and GEICO employees. That’s a lot of experience. With GEICO as your auto insurance provider, you have 24/7 access to licensed agents who can assist you with all your questions. State Farm: State Farm offers a variety of affordable car insurance policies that provide our customers with customized coverages and services.
Farmers offers good coverage for a low price and has a few innovative features such as its FlexCover—which gives customers control over how much coverage they want to pay for when purchasing new cars. Customers can choose from several levels of cover, and if their car is totaled or stolen, Farmers will automatically refund them any unused portion of their FlexCover amount. If you’re looking for something simple that won’t break your bank account, Farmers could be a good option.
5) Liberty Mutual
Liberty Mutual is one of America’s leading providers of auto insurance, home insurance and other types of insurance. Liberty Mutual was founded on a very simple promise: to provide peace of mind and protection to all its customers.
This insurance company has been around since 1922, and it currently insures over 46 million cars. Nationwide provides car insurance coverage to customers across all 50 states. It specializes in home and auto insurance as well. The company has a C+ rating with AM Best Company.
Progressive was founded as a collision repair center in 1937 and is one of only two companies to ever receive a perfect score from A.M. Best (the other company being State Farm). Progressive offers more flexible discounts than any other company, meaning if you’re willing to take some risks with your driving habits, you can save hundreds annually on insurance.
8) Erie Family Insurance Group
This insurance agency is popular among Erie residents and also a highly rated business according to Angie’s List. Founded in 1912, Erie Family boasts solid financial strength with an A+ rating from A.M. Best and an A+ rating from Standard & Poor’s, which means it has both superior financial stability and superior claims-paying ability for policyholders. It offers home, auto, life and umbrella coverage to individuals and businesses throughout western Pennsylvania through its more than 30 locations.
9) American Family Insurance Group
For almost 100 years, American Family has served customers with personal service and innovative products and services that reflect their unique needs. With more than $5 billion in assets, American Family serves its home state of Wisconsin through multiple offices located throughout Wisconsin as well as its other primary markets of Iowa, Minnesota, Nebraska and Illinois. It also operates an agency force serving customers across the country through independent agents licensed to sell American Family products. The company is a member of Nationwide Affiliates Cooperative (NAC), a Nationwide Mutual Insurance Company.
10) MetLife Auto & Home
The MetLife Auto & Home is one of America’s largest auto insurance providers, with a market share of over 6 percent. The company began as The Metropolitan Life Insurance Company in 1868 and has since evolved into an insurance leader recognized for its high-quality products and financial stability. MetLife Auto & Home provides car insurance coverage from A+ rated companies such as Travelers, Erie, and Fireman’s Fund to give its policyholders comprehensive protection.