You may be surprised to learn that in 2017, it’s easier than ever to find an auto insurance company with competitive rates and excellent customer service.
Let’s start by listing the top 10 auto insurance companies in the USA. And then let’s take a look at the factors that make some auto insurance companies better than others. In the end, you should be able to find a great policy from one of these top 10 auto insurance companies in the USA. Or at least get an idea of what you need to do to find one!
Geico is arguably one of America’s most recognizable auto insurance companies. It has been serving customers since 1936. Geico offers competitive rates and discounts, such as multi-policy discounts and safe driver discounts.
2) State Farm
State Farm is one of the leading auto insurance companies in both sales and claims volume. Founded in 1922, it’s now part of State Farm Mutual Automobile Insurance Company (State Farm), which also operates its affiliated insurer, State Farm County Mutual Automobile Insurance Company (SFCM). Auto policies sold by affiliates are underwritten by SFCM. The parent company also has a car rental division called Enterprise Car Sales, which was founded in 1952.
Founded in 1931, Allstate is one of the largest auto insurance companies today, with over 15 million customers and thousands of employees across North America. In addition to auto insurance, they offer renters and homeowners insurance. Plus, they also offer other products like long-term care insurance. By staying committed to customer service and providing affordable products that still have excellent coverage options, Allstate continues to be a well-known and respected company throughout North America.
Progressive offers full-coverage auto insurance, with some of its policies also covering personal injury and property damage claims. If you have a clean driving record, low annual mileage and an older car, Progressive could be a good choice for your auto insurance needs.
5) Liberty Mutual
Liberty Mutual is one of America’s top auto insurance companies, providing policyholders with a wide range of coverage options. The company offers a variety of services for auto and home insurance, including custom-made plans to meet each policyholder’s needs. Liberty Mutual also offers financial planning services for consumers looking to save money on future purchases. With a 5-star A.M. Best rating, you can feel confident that your money is well spent when insuring your car through Liberty Mutual.
6) Farmers Insurance Group of Companies
Farmers is one of most popular auto insurance companies for many reasons. They offer competitive rates and a high quality service, with more than 50% of their customers rating them 5 out of 5 stars on J.D. Power’s survey.
7) Nationwide Mutual Group
Nationwide Mutual Group is an American multinational group of insurance and financial services companies. The group includes dozens of entities, principally: Nationwide Mutual Insurance Company; many regional subsidiaries; numerous affiliates, such as joint ventures and limited liability companies; and a number of wholly owned subsidiaries that do business under their own names. It was founded in 1925 by Amboy Firestone in Columbus, Ohio, headquartered at One Nationwide Plaza, Columbus OH 43215.
8) Erie Insurance Group
Since its founding in 1938, Erie Insurance Group has grown to become one of America’s largest auto insurance providers. Currently serving more than 4 million customers across 16 states, Erie employs over 1,800 people and is headquartered in Erie, Pennsylvania. We were named among America’s Best Employers by Forbes Magazine, Best Auto Insurer by Money Magazine and as a 2018 Top Workplace by The Philadelphia Inquirer.
Though not as big a name as State Farm or Allstate, Travelers is a top auto insurance company by most industry standards. It has over 1 million policyholders and was ranked as one of A.M. Best’s most-trusted auto insurers for eight consecutive years between 2012 and 2019. In addition to its excellent financial rating, Travelers offers comprehensive auto insurance coverage at an affordable price to meet just about any car owner’s needs.
One of America’s best-known financial institutions, USAA provides products and services exclusively to current and former members of U.S. military forces and their families. It offers auto insurance policies with premiums as low as $190 per year.