No matter what kind of vehicle you drive or where you go, it’s essential that you have auto insurance coverage from one of the best auto insurance companies – and not just because it’s the law in 48 of the 50 states. An auto insurance policy protects you for property damage or bodily injury in the event of an accident. There are also policies that cover damage to one’s own vehicle for various reasons, incidents with uninsured or underinsured drivers, and medical expenses incurred due to accidents. Some auto insurers even include roadside assistance in their coverage.
These costs can add up for an uninsured, or even underinsured, motorist. Comprehensive coverage can help control the out-of-pocket costs associated with auto insurance premiums. Note that an insurance policy generally does not cover wear and tear on a vehicle, damage by drivers not listed on the policy or driving under the influence, and engine damage resulting from an oil leak.
Sorting through auto insurance companies and offers can be daunting. There are an estimated 300 auto insurers in the United States, ranging from those operating nationwide to small businesses. It’s worth checking to see if you have well-researched statewide options in your area before committing to a national insurance company.
There’s also a lot that goes into an auto insurance policy. Factors such as injury liability, property damage, accident forgiveness and roadside assistance play a role in quotes and rates. The same goes for teen drivers on your insurance policy. Then there’s gap insurance or liability insurance. How do these items fit into your own liability coverage? Understanding what goes into insurance coverage will help you make the best decision for your particular situation, but where do you start?
You can explore each company’s website in depth, but we make it easy to find the best auto insurance coverage by narrowing down the list. We’ve selected the top 10 insurance companies in the country, based primarily on public satisfaction as measured by the J.D.Power 2019 US Auto Insurance Study. The study measures five criteria: interaction, policy offerings, price, billing process and claims. 42759 customers were surveyed from February through April 2019.
The highest rated auto insurance policy overall was Geico, which reported high levels of customer satisfaction in all regions of the country and makes it the number one auto insurer in the U.S. High cost), which definitely contributes to satisfaction.
That said, your auto insurance quotes will ultimately be determined by personal factors, such as where you live, your credit score (for the best rates, a score of 770 or higher is recommended) and the type of vehicle you drive as well. as its age and whether you’ve been in an accident. The good news is that you can actually reduce your insurance coverage costs if you work on your credit score or maintain a safe driving record.
5 things to know before buying car insurance
- What coverage does your state legally require of you? In most states, liability for bodily injury and property damage is required to drive, but you’ll want to check insurance premium details with the auto insurance providers where you live.
- What kind of coverage do you want? Most auto insurance companies order many different policies that cover a variety of damages and risks, so your first step should be to determine your risks and how to offset them.
- What are the best auto insurers? We have this covered in detail.
- It’s important to store around. Even the cheapest insurance company may not offer the best rates to someone in your situation. Likewise, you may want a more comprehensive plan that makes more sense at another insurance company.
- Which payment plan is right for you? Some companies offer a variety of payment methods (for example, annually or monthly, or with electronic funds transfer), so you can determine which one works best for you and then apply.
Before we get into the list, it’s worth mentioning that not all insurance companies have your best interests at heart, both when offering car insurance quotes and after an accident. An August Buzzfeed News report revealed that State Farm, Farmers and Erie Insurance are three of the many insurance companies that have paid law enforcement to investigate their customers for fraud. All of these companies were excluded from this ranking.
|Company||Average regional power J.D. (out of 1000)|
|Automobile owners’ insurance||841|
|Liberty Mutual Insurance||810|
|On a national scale||808|
Not available in all regions of the United States. This affects the overall placement.